#215 - What Venture Capital Will Look Like in the Future

**Sam** (0:00)
All right, there's this amazing book called Getting Everything You Can Out of All You've Got. I read it a few years ago and it changed my life.
And the reason I loved it was because it basically talks about how to get and make more money using things that you already have.
Coincidentally, today's podcast is brought to you by Business Made Simple. It's a podcast by Donald Miller, who I'm gonna tell you about in a second, but he has this amazing episode that's all related to this book and the things that I learned in this book. It's called How To Make Money With What You Already Have. It's an incredible episode. Talks about all the stuff that I learned in this book. The host is Donald Miller. I didn't know who Donald Miller was up until recently, but over the last 12 months, this is totally by coincidence. It was all separate people. They said, you have to check out Donald Miller. He's amazing. So I'm happy that he's part of HubSpot's Podcast Network. You can check it out, Business Made Simple Podcast. It's where he coaches you on how to build your business like an airplane, where the cockpit is your leadership, the body is your overhead, the right engine is your marketing, the left engine is your sales.
You have to check it out. This guy's amazing. It's called Business Made Simple with Donald Miller.

**Shaan** (1:02)
If you want to bet on the future of humanity and where a lot of growth is going to come from, investing in technology is the way to do it.

**Sam** (1:22)
This is one of the best episodes I think we've done in a long time. I'm going to tell you everything that we talked about. But first, Spotify just has this like new feature. I want to see how great it is. So basically, if you're on Spotify, go to pull the app up, look at it, look at our My First Million page, and you're going to see a little bell. Do me a favor, hit that bell. I want to see if you'll be notified when we have our next episode. I want to see if this thing works. If it does work, sign up, click the bell, and then tweet at me and tell me if it works. And I'll like give you a retweet or something like that in exchange for clicking it. But click that for me and let me know if it works. So today's episode, I think, is one of the best episodes we've done in a very, very long time. We talk about the Amazon liquidation business. I'm actually going to record myself buying from one of these websites. It's a fascinating business where they sell you a bunch of returned stuff, but it's packed in a mystery package. We talk about fake data. There's this new company called Tonic that's selling fake data to help you test your stuff. Crazy fascinating business. And then my favorite topic is this guy called Harold Alfond. He's the Billy of the Week. This amazing billionaire that started a shoe company and eventually gave away most of his money. But incredibly fascinating. We talk about a few other stuff like how Tiger Global is making all this money in the future of VC. That's pretty fascinating. But my favorite part was the Billy of the Week. Check it out. And by the way, on your phone, you're probably listening to this on your phone, go to Spotify, click that bell. I think they just released this recently. Someone was telling me about it.
Tell me if you get notified, like click the bell and then just send me a screenshot when the next episode comes out and tell me if it works. The Sam Parr on Twitter. I want to know if this works. I'll retweet you if you send it to me. All right, enjoy the episode. Okay, so what did you think about the Rumeet episode?

**Shaan** (3:07)
I thought it was pretty good. I thought he does a good job. Like, I guess I always break it up into two categories.
How interesting is the stuff you're saying and then how interesting are you at saying it? So I thought he was very interesting in how he says things. Like, he brings energy. He is not afraid to call something stupid. He brings a little bit of that flair that you need for something to be fun.
In terms of the info, I thought it was pretty good. I think... You know, we talked a lot about courses, and I just think we are interested in courses because we can make courses that might be successful. And he already does that. I don't know how many other people really care as much about how much we nerded out about it, but I don't really care because I wanted to know it. And so it was really good.