#270: Vannevar Bush (Pieces of the Action)

**David Senra** (0:00)
I want to tell you about a one-time only limited event that I don't think you're going to want to miss. I am doing a live show with Patrick O'Shaughnessy from the Invest Like the Best podcast in New York City on October 19th. Patrick has interviewed over 300 of the world's best investors and founders for his podcast. I've read over 300 biographies of history's greatest entrepreneurs for my podcast. We'll be talking about what we learned from seven years of podcasting, sharing our favorite ideas and stories, and doing a live Q&A. There will also be special event-only swag. If you live in New York City, I think it's a no-brainer. But if not, I think it's a great excuse to fly in. I've already heard from a bunch of people that bought tickets. They're flying in from other cities. Some people are flying in from other countries. That's setting the bar really high, so I will have at least four shots of espresso or four energy drinks before or during the show so we can make it a night that you'll never forget. If you're interested in attending this unique live event, I will leave a link down below. I highly recommend you get your tickets today, and I hope I get to see you in New York on October 19th. One of my favorite things about making this podcast is that I get to talk to so many founders. A lot of those founders are dead, so I have one-sided conversations in the form of reading their autobiographies or their biographies. But in addition to that, because so many different entrepreneurs and founders listen to the podcast, I get to meet and talk to founders still building companies today. And a reoccurring theme on these conversations, a lot of these conversations I have with founders, is that a large part of your life is actually searching for your life's work. A lot of them are looking for something that is uniquely them, that they can do forever. And in almost every single case, that means starting more than one company. And this is so common that today's sponsor, Tiny, has built an entire business around buying other businesses. And Tiny is doing something that's really smart. They know there's a ton of entrepreneurs and founders that listen to this podcast, that are building businesses, some of which have a business they want to sell today, some of which will have a business that they want to sell in the future. And what I like about them is the way they differentiate their offering compared to other people that buy businesses. And that's just, they're no bullshit. And so when a founder goes to tiny.com and says, hey, I want to sell my business, they get a response within 48 hours. There's an offer made within seven days and they close within a month. The founder gets a bag full of cash upfront. Make sure you stick around to the end of this episode because I'm going to quote from a letter that Warren Buffett wrote in 1991 about his approach to buying businesses from founders that I think is very similar to the process that Tiny does. And this is a note I wrote to myself when I read this Warren Buffett shareholder letter for the first time. I said, this is an absolute masterclass in how to differentiate your product. That letter is absolutely amazing, so make sure you stick around and I'll cover that at the very end of the episode. And in the meantime, if you're a founder that wants to sell their business now or in the future, go to tiny.com.
This episode of Founders is also brought to you by Capital. Capital just launched a few days ago. It is an easy way for founders to raise money, hold money, and send money. And I think that you'll actually find the way that the sponsorship came about rather interesting. The founder of Capital, Jordy, listens to founders and actually DM me asking if he could sponsor the podcast. And he's like, let me show you what I'm working on. I think you'll find it interesting. And so his goal is to give founders back more of their time because he wants to build a product that automates the financial services that modern companies need to use. And our conversation actually centered on this presentation that Steve Jobs gave all the way back in 1997 when he came back to Apple. And one thing that Steve said was, it's really important to understand why a company does what it does and who they're actually trying to do it for. And so he used the example of Nike, that Nike honors great athletes and that's who they build products for. Steve said, Apple builds products for people that think different, who move the world forward. And Geordie is building capital for modern founders. Stick around to the end of this episode. I'm going to go into great detail about, because I have a bunch of highlights from this talk that Steve Jobs gave. And I think in just a few minutes, he has a lot of ideas that you can use in your work. A main theme of this podcast is using ideas from the past and let them influence the work that we're doing today. If you happen to be on Twitter, go to Capital's Twitter and look at their pinned tweet. Their launch video is inspired by Steve Jobs' Think Different campaign that he launched when he came back to Apple. Their Twitter is at Capital XYZ. And then go to Capital's website, which is Capital.XYZ. And you can see how they can help you raise, hold, and spend capital all in one place.