There's Too Much Money in The World. Here's Why

"Capital is cheap" means we are living in the most growth-mindset period of history, ever. In this episode we explore why and what YOU can do about it.
Stop wasting your life: • LEARN, EARN or QUIT | ...
How real movements start and change the world: • Do It Yourself. Here's...
STOP chasing money, chase wealth: • STOP Chasing Money -- ...
0:00 Capital is CHEAP
1:39 Why there's too much money!
4:33 Is the world running out of ideas?
8:07 What can save us?
11:15 The future is only limited by US.
I’m Garry Tan, venture capitalist and founder at Initialized Capital. We were earliest investors in billion dollar startups like Coinbase and Instacart, and I’m a Forbes Midas List Top 100 venture capitalist in the world. We want these videos to be about helping people build world-class teams and startups that touch a billion people. Our startups have gone on to create more than $100 billion in market value so far, and Initialized has over $1B in assets under management.
Please like this video and subscribe to my channel if you want to see more videos like this!
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[@mariellehobson7832]

I’m studying engineering and watch your videos during my study breaks. They’ve been great for boosting my energy and always get me excited to go back to work. Thanks for the awesome content Garry!

[@jeffd3147]

We need more females in the engineering field. It helps bring on a new perspective! Keep up the grind.

[@amanciocohen5965]

@@jeffd3147 you're a clown

[@mechdon]

We are never in lack of money. We lack people with dreams, who can die for those dreams. - Jack Ma

[@saibamoe]

Quoting a chinese company owner From China Where their work ethics are akin to slavery almost. Yeah, no thanks bro...

[@suzywilson]

Gary, I'm super Excited about this! Thank you! We are busy building my start up called, Power Play. We set up businesses for entrepreneurs that either already have one or are brand new at the game. Specifically in the manner of efficiency because it prevents the "rookie" mistakes of new entrepreneurs and frees up the time of existing ones to focus on their current venture. We specifically look for people that don't have the time to set up a new business but have access to some resources to get started. We specifically want to focus on sustainable companies in the food industry. This one frightens the crap put of me because I realise its power and potential.

[@timrichardson518]

I shared this to my son who is in computer science at UF in Gainesville Florida; he’s like an idea machine but he needs focus.

[@annajones9701]

Why not doing medicine like his dad? Better careers to go into I finance and computer science?

[@yidaweng8367]

Thank you for sharing all your experience and insights to us, they are very inspiring & have huge impacts on my thinking and choices I’m gonna make.

[@happyboyc7]

I am a software engineer but this video really inspires me to build something physical.

[@fraccional]

I'm trying to find a way to solve the housing affordability crisis, (idea stage) currently figuring out how to meet people with the interest and expertise to get a team together. Your videos have been SO inspirational, I've been chewing this idea for years and I'm finally convincing myself that it can be done thanks to your content. Thank you so much 😊

[@ebiekuraju]

Hey Garry, That was inspiring! Just what I needed. Working on a market place for vehicles/equipment sharing.

[@carolineholden2215]

Thanks for sharing Gary! I think it's really interesting to hear from you how there is so much available capital in the world that people really aren't using especially since so much of my social media feed is very anti capitalism / talking about the wealthy hoarding cash making it possible for others to succeed. It's been a strange dichotomy for me as someone who has spent some time in the venture / startup space but has also seen friends and family really struggle. I keep trying to find ways to share as many opportunities as I can, but I've found it can be really difficult to persuade people to ask for what they want especially if it's something they've never considered. You asked us viewers to share what projects we are working on: I've been toying with a few startup ideas but as a people person / creative who is a non coder I keep getting stuck with ideas that are too expensive to build even if they would be great products. Currently trying to find an attainable idea that I can build on my own and continue to grow from there. :) Thanks for sharing again: started watching your videos recently and have really enjoyed them!

[@chitranshagnihotri2531]

@Caroline I observed you are an entrepreneur with bubbles of ideas and can do miracles if you get an amazing team. You can consider me as a freelance coder for your MVPs against a very basic rate of USD 25 per hour !

[@tobigbemisola]

You can realise your startup ideas with no code tools like Webflow and Bubble

[@carolineholden2215]

@@tobigbemisola I still need to play with Bubble some more but haven't heard of Webflow! Will definitely check it out. :)

[@rehab222151]

I graduated from the US as a material engineer, right now im Working on creating startup in SA to solve the dust problem in Solar farm. I appreciate ur existence Garry, and I respect ur experiences and genuineness❤

[@jasonwee7580]

Thanks for sharing, Garry! It’s comforting for founders as this allows us to pick the right investors that’s aligned with the founders’ vision. At the same time, this may introduce more noise since it’s easier for startups to raise money

[@toddwieland5839]

Working on a new approach to education for engineering and technology. Somebody's gonna have to build all that new tech! Great work as always, Gary. Thanks!

[@corncob2701]

Since you asked part time I’m self experimenting with gardening analytics and using the theory of potential space farming to think of autonomous agriculture systems to incrementally improve restaurant quality but the economics are tight and I’m just one guy with low resources, funding would help me focus on product market fit but for now it’s a hobby

[@andresescobar1541]

Hey Garry, hope this gets you to see it. For weeks I've felt called to reach you and this video has made me do it. As an industrial engineer and humanist myself, I've received a series of messages on spiritual breakthrough moments of my life, that over the years I've been channelling into the development of an app designed to facilitate the process to have an civilian alternative using technology (while still we have access to) in order to leverage on the deep values that makes us Hüman (as Trust, Reciprocity, Common Good...), while generating a user based local economical distributed governance as a first step, and other institutional developments in order to have our own jurisdiction and other features that... this is not the channel for describing it. I truly feel connected with the deep calling you do in this and many of your videos, thanks for your generous sharing of experience and inspiration. I'm sure it is time to get to know each other in order to deliver this alternative and many others to the world while still possible. Sincerely, Andrés Escobar.

[@giannicettolo308]

Amazing video! It really boosts your confidence when you say that this is the best time in history to have a startup. (I am a High-School Student and I have been learning AI and Finance for the last year)

[@justaandf]

Found your channel a few days ago. I've had an idea that I've wanted to start for a while. This weekend, I began learning to code. I'm going to make it happen.

[@brandonemmanuel5032]

I’m working with ML, there’s a lot we can do with it. Great vid Garry.

[@someguy4260]

Great Video Garry! Heard about your channel via Justin Kan's YT channel!

[@brennonwilliams9181]

Made me laugh! Absolutely Garry - speaking to an economist friend the other day, I stated that banks are dinosauring largely due in part to the fact that they lack the will to unleash creativity and therefore innovation within their business models. His response was - there is nothing they can do with the money???? I almost spat my coffee out. Here we have an economist, who shares his views with others, that doesn’t understand or blindly does not agree that stagnant money should serve no greater purpose than increasing prosperity through value generation based on that one simple concept - the idea. The face argument is risk and the “potential loss” of the money, instead of understanding the solid principal, that in an inflationary system, zero interest earning money, is in point of fact, actually losing money. Thanks for these awesome episodes Garry. You and I share the same outlook across so many areas, and I look forward to one day very soon, working with you on an idea.

[@shreyashpingle7591]

Damn!! this video is so inspirational. Have to start working on something.

[@p.s_kev.in96]

I almost gave up on starting my own startup, this video has brought me back on track 👍

[@yunussutanto3525]

Hello Garry Tan. That's was so nice video about you sharing. I'm really gladful watching your videos all the time, recently this year I'm really get into finance & investment industry since covid. Just running a community as investor club, but so far I see very bullish in this industry even we have a pandemic but you are right about the world had so much money and that's crazy idea we see in the future every stock and digital asset has store of value. Thanks for sharing!!

[@PARTHADUBEY]

I run 3 companies which deal in Electric Mobility. We convert old vehicles and boats into hybrid and fully electric versions. Have applied for y- combinator for support.

[@Skyscraper21]

Sounds great

[@IvanOnTech]

building is the way to success indeed, great video Garry

[@canadiannnn]

buidl !

[@The_Real_Chad]

@Gary Tan: I loved my High School AP History and Econ class, but I think you have it beat! Thank you for your videos!

[@HxenGx]

Thank you for the reminder, Garry.

[@gokuafrica]

I always waste my time after office hours and thus never get to make my ideas into reality. Your videos really inspire me to stop wasting time so that I can finish office work and get on with what really matters. Thank you ❤️

[@vocaldevotion8611]

Me too, maybe collaboration is key

[@gokuafrica]

@@vocaldevotion8611 kind of initiates an accountability chain. Works for many people. I'm an introvert and don't feel comfortable sharing my emotions with others so that's something I could never try

[@temisegun8631]

Garry, you’re my favourite KZbinr. Thank you for sharing ☺️

[@richardsagala3186]

This is beyond brilliant, Thank you Garry.

[@VitusAnayochukwu]

Insightful 👍 Actually working on a project that I think will definitely create value for growth. I have been learning a lot from you. Thank you Garry Tan!

[@donnieanderson6614]

It's always been crazy to me how much money there is and how it still remains so hard to get somehow. It's really fascinating actually. Like if Bezo's wealth was all in gold there's no way he'd be able to keep track of it.

[@nasarullahkhan9327]

Excellent!! Thank YOU Gary for all of your efforts :-) Also, can you please tell which soundtrack you use at very end of your videos(when golden gate bridge appears)

[@Qiubenjamin]

Just watched this channel for the first time, super well made! Very informative and appreciate the big picture

[@thefrugalinvestor9596]

This is the best time in history. Love your content Gary. Thanks for all you do.

[@MrBenObi1]

Thank you , great video... In South Africa the corporations don't want other businesses to solve their problems, they want to solve it themselves and own the product. I have innovated a couple of products, approached the "big" corporations and either got a job offer or got my product stolen, wrongfully implemented and now see that it doesn't work at its optimum. But I fight the good fight, I will get there..

[@johanngross6953]

Thank you Garry for such a great video! We are trying to make research accessible to everyone/everywhere, regardless of background and/or income!

[@tobigbemisola]

I'm building a way for people to get the inside scoop on their new workplace, to know the company culture etc before they resign. Thank you for the inspiring video.

[@felw4292]

I'm working on learning the fundamentals of creating a mobile app so that I can create something that seniors can use easily to communicate with friends and family. Communication is so important to keeping people connected and engaged, now that everyone is forced to be apart. I want to play a part in solving this issue.

[@jj-big-slay-yo]

like fb messenger or viber or whatsapp? but with huge letters?

[@felw4292]

@@jj-big-slay-yo I don't think improving usability is just about making letters bigger.

[@marthaimmer5675]

Go bigger. Zero to One.

[@Skyscraper21]

Can you tell more at this point about your approach?

[@rhythmbhatnagar]

Recently started a marketing project for an agritech startup having worked for consumer for all my life. When you map your career, this may seem like a lost move. But your video today tells me that it's our future and we build it the way we want. Thanks thanks thanks Gary ❤️

[@DreamCatcher-wg1bk]

AgriTech is not a lost move my man. The population growth is not slowing down anytime soon and the need for food will increase many time fold. I would say Technology in Agriculture will be the next biggest industry from now and for the next decades. People investing in Agricultural Technology will be the next billionaires in the comming decades. Remember you may have millions in the bank but if there is no food to eat, there is no point in having millions. Unless you invent a pill that will make you not hungry for months, which I guess is not happening in this century. So Technology in Agriculture will be the next biggest disruption.

[@humphrey]

hey Garry when I click on your instagram or twitter links in your description they are broken, just fyi. Great video!

[@cocoutier]

Humphrey Yang and Garry Tan would be the crossover we didn't know we needed but I'M ALL FOR IT

[@annajones9701]

No Yang you clown is not

[@3nityC]

Maybe that his exit strategy like Trevor Milton CEO of Nikola, the king of scammer. Deleted all his social media.

[@AskMeStartUp]

Nice words Garry. However, for me working in health tech there is a huge gap between VC funds and reality. They are still risk-averse and choose to only add on things that will fit in a big company. This is not the type of vision we need for our planet.

[@codeflaretech]

You just got a new subscriber. Great content.

[@EricCoffie]

Great video. All your content is spot on. What I would like to hear more discussion about is: how do founders outside of tech ecosystem and organizations with deal flow talk to investors with the money? Seems like they are always too busy to take meetings unless you are personally introduced.

[@JuanPerez-oo1pd]

Thank you Garry for the motivation, although I don’t build for monetization, let’s continue to make the world great.

[@aniemekavictornduka4709]

Thank you Garry for always sharing your knowledge with everyone around the Globe. I am working on a social network app that will help burdened creatives and new businesses to gain visibility and grow their social media presence without bias.

[@nathandaix6659]

Amazing video as always. Your videos are what have inspired me to stop looking for internships and embark on a journey to bring the power of computer vision to the blind and visually impaired community!

[@realaugmented]

Great video, Gary. Thank you for that. It does feel like it is hard to tap into that institutional capital for founders outside of the typical startup ecosystem like myself

[@rogermoogo479]

Best talk ever... what a tome to be alive

[@RonVillejoConsulting]

It's not so much that the world is running out of ideas, Google notwithstanding, but that many ideas, at this time, are "dark" to those who hold so much money. Perhaps banks are so overwhelmed that they can't quite shed light on ideas sitting at their doorstep. I believe that ideas are more than plentiful and boundless.

[@GarryTan]

Bingo

[@lexicalambiguity5819]

Hey Garry, at 6:30 - I think a small but key difference here is that Peter says ' "if" we are living in an accelerating world' We need to keep in mind that his thesis is actually to the contrary and that we are in a period of relative stagnation - hence the lack of ideas

[@daveshepherd1231]

Love your content bro...thanks for providing.

[@kingfightin]

You are getting me all fired up! 🔥🔥🔥🔥Been tinkering around with some fintech ideas as well! Thanks Garry for added PUSH!

[@matthieumassei3222]

Hello Garry, great video again. I recently created a liquor made out of an plant growing in the Atacama Desert in Chile. I am in the process of incorporting this business and your video convinced me to invest more time and money in this business and reinforce my long term vision thank you !

[@francosfocusfacility8514]

Good presentation of a kind solution.

[@joerileemans849]

Thank you for sharing all of your amazing content with the world, Gary. Feeling grateful!

[@beverlyhills7883]

Excellent reporting & analysis

[@NicoSantanaMusic]

There's a ton of opportunity with traditional forms of insurance, specific to P&C, that would need to be challenged by newer forms of tech. A mix between data science to create more accurate predictive models, large scale/real time aerial mapping to measure properties or even smaller items like cars and boats, and the gig economy that would place the more competitive/quality contractors at the top to bid for jobs that are typically handed to subpar contractors by insurance companies. The possibilities are there...

[@David-yr8dn]

Awesome thoughts Garry. Loved it

[@TheEndevour2010]

What I'm working on? I have an MVP ready but really frustrated on creating Pitch deck. I'm a Software Engineer but creating Pitch deck so far turns out to be more mental resistance than creating the product. Anyway, hoping to complete by this weekend and hoping to demo shortly from a local Angel. That said, your insights and upbeat message keep the energy flowing. Thanks for your contributions.

[@netrowex]

Awesome topic! Thank you Garry.

[@kenoshine5060]

Thanks a lot for this video. I am currently working on an ecosystem for financial inclusion for populations in developping countries. I totally agree with all what you said, money is everywhere and we must use it to improve things and people lives.

[@LiveLearnDream]

I'm working on mastering my own mind and redesigning my morning routine and daily routine now that I've moved to Seattle. I'm also working on opening up a warehouse suite for a 3rd part of my business. And lastly, I'm working on that pitch and incorporating as a Delaware C Corp so I can start launching off to society, properly! Woohoo!!

[@abdell99922]

Inspiring video as always Garry I'm learning web apps and brainstorming ways to make easy payments popular as most population don't trust card payments here in Africa, I believe there is so much to do.

[@Bagas-oj4kt]

Wow it's like doing meditation for 1 year, I get alot of insight. Thanks Garry

[@lisainnewarknj8313]

Thank you Garry. I have liked and subscribed. Great content as always. Lisa.

[@karimfejry7282]

Well done, great Video and I like that you emphasized the positive chances 🙌

[@YogiPrateado]

here's a technology for you, Garry: detoxing ourselves from zero-sum games and war-based ideologies. Anything else is just gonna get us more of the same.

[@MattCarrasco]

Great way to Kick-Start the week with the appropriate dose of business acumen. Thanks Garry! Let’s create more innovative business incubators.

[@kuriyamatidusflossy]

Another excellent release....big like 👍

[@UncleSaif]

Garry you've become a philosopher. Thanks

[@ozairtariq2779]

Hey Garry, Hope you are doing well. I love your videos. I never really comment but this video really spoke to me. I started a business back in 2019 providing adventure sports to individuals and companies alike. In 2020 we had to take a break for 2 years due to COVID. Even so we did over 100 events. It's just me and my wife and I am stuck at the stage of growing my team with passionate people who I can trust. Is there a way where we could get on a zoom call or something and maybe you can provide some insight to this main issue I am facing and a couple of other bottlenecks. Thanks, Ozair.

[@alistairstanley6147]

You are totally right that there is a huge corporate savings glut (capital). One of the big problems is a lack of demand on the consumer side primarily due to low wages. I am not yet convinced start ups can solve such political problems as low growth in wages, but would love to be proven wrong.

[@TechGeniusHubrw]

An online and offline application for African small businesses and retailers. Thanks @Garry Tan

[@paschalhyginus503]

Thanks Gary for sharing. You always good.

[@AyelOrtiz108]

This is really inspiring. I'm starting a drone training company. I subscribed because of this video.

[@nairmanish]

This was soo informative! Thank you!

[@voskcoin4059]

W•H•A•T•S•A•P• P •+•1•9•1•8•2•1•7•4•1•5•5• I•N•V•E•S•T• IN C•R•Y•P•T•O B•T•C•• E•T•H•....

[@anthonyleonard]

Thank you Garry! I'm working on the platforms LevelUPAI, LegacySpace, WebV, and WeAt; and the networks etastic and PoetryPoem.

[@soisfrais]

Thank you for all your insights Garry! I’m working on a startup to help elevate the shopping experience for small businesses. How would someone with no network to VC capital be able to raise money?

[@djVania08]

There is money in the world, so much of it. But it's being held by small group of entities / people and that's what is keeping them at the value they have for now.

[@JcJc7200]

I've been working on a fitness/health food brand (new types of sausages, chicken nuggets). Although I don't really have experience in food, we've (partnership) been reading many research papers, books, and made connections with experts over the past year to gain knowledge and to formulate our product. I even had to automate my existing online business, sacrificing a chunk of profit just to work on this current project because I know how difficult it is to make a startup successful. It requires not only your hard work, but also your blood, sweat, tears, and your soul. And still, that will not guarantee success, but it will slightly up your chances haha. I noticed that especially these days, there are so many companies and investors wanting to put their excess cash into good use; or any use, almost as badly as a startup like us wants funding. I've been thinking about it and I am trying to figure out how to stand out in their eyes. I know it could be a "just take my money" situation from all of angels and VCs once we land funding from a prominent VC, but that first funding is the hardest in my opinion. Garry, you are such a good influence on my entrepreneurial journey. I learn something new every time I watch your video. I hope to say thank you in person someday.

[@amitverma..]

Awesome video Gary. Thanks for giving new perspective and insight of your mind.

[@schiller1]

Hi Garry, great video! We're helping people to eat better at home with Kitchenful (YC S21). Cheers, Chris

[@everardocastro6549]

As always. Excellent video. Thanks for your time. Regards from Mexico.

[@cameronbrawner-rodgers2924]

Holy cow these ideas area amazing! Thanks Garry!

[@Kryptonite88]

Always enjoy your content Garry.

[@babagueye]

Hi Gary, your videos and content are of great quality and that’s why I I look forward to your videos. In response to your question: what are we working on, I am working on agriculture and seem to have found the right path to drive development, the Pin duo duo model. Looking forward to chat. Cheers !

[@gritathletics2014]

Great video sir! Thank you, definitely sparked thought!

[@minhajulhoque2113]

I am currently working on a website which will be an ecosystem for students. The mission: make students' life easier

[@sebastianbarba9544]

How? In what sense?

[@valatility]

Very vague.

[@baldymagoo]

Keep the passion Garry, its very refreshing.

[@voskcoin4059]

W•H•A•T•S•A•P• P •+•1•9•1•8•2•1•7•4•1•5•5• I•N•V•E•S•T• IN C•R•Y•P•T•O B•T•C•• E•T•H•.....

[@thezsdlcollection]

Nice VC oversea chrono 👌🏾

[@GarryTan]

It’s a good one

[@prajuwalmishra6886]

Keep going you are doing great job .thank you

[@SteveKalinda]

Thanks for this Garry!

[@kore4hire]

currently working on grow system design that will solve the major issues with food production globally. making vertical farming economically viable everywhere.

[@venugopalanchullery9146]

Awesome video Tan

[@jx6773]

that thiel bit is hilarious. overall this is insightful as hell. thank you garry!

[@stanis_gaming]

Amazing video as always, Gary, thank you

[@gloseph7767]

Thank you.

[@MHasnain2663]

Infinite money, yes. But international founders struggle to get funding because the capital is concentrated in small pockets of people far far away.

[@artofexistance]

Not anymore . DAOs are made exactly for these type of issues.

[@doncosmopolitan]

Guess we Gotta move to Palto then.

[@peaklabs]

Love this take on things. Thanks for sharing, Garry!

[@Indians-In-Germany-With-Dipak]

Truly inspiring work! Thanks Gary