Unicorn Founder on Unseen Arbitrages, the Paradox of Wealth + Charlie Munger Wisdom

Episode 648: Shaan Puri ( https://x.com/ShaanVP ) talks to Flexport founder Ryan Petersen ( https://x.com/typesfast ) about playing both games: bootstrapping a startup to millions and raising venture capital to build a multi-billion dollar company.
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Show Notes:
(0:00) Import Genius
(5:36) Paul Graham's superpower
(9:34) Data-as-a-service framework
(13:51) Charlie Munger's worldly wisdom
(19:45) Prioritizing adventure
(24:09) The paradox of wealth
(28:51) Charlie Munger's student experiment
(31:00) Negotiation masterclass
(37:23) Inside Founders Fund
(43:16) Being in a crowd v following a crowd
(46:29) Highs and lows
(48:52) "You can just do things"
(50:16) Unseen arbitrages
(53:00) $50M Phone booths

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Links:
• Flexport – https://www.flexport.com/
• ImportGenius – https://www.importgenius.com/
• Schlep Blindness – https://paulgraham.com/schlep.html
• Poor Charlie’s Almanack – https://www.stripe.press/poor-charlies-almanack
• Founders Fund – https://foundersfund.com/

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Check Out Shaan's Stuff:
Need to hire? You should use the same service Shaan uses to hire developers, designers, u0026 Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd

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Check Out Sam's Stuff:
• Hampton – https://www.joinhampton.com/
• Ideation Bootcamp – https://www.ideationbootcamp.co/
• Copy That – https://copythat.com
• Hampton Wealth Survey – https://joinhampton.com/wealth
• Sam’s List – http://samslist.co/

My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano