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Episode 495: Shaan Puri ( ShaanVP) and Sam Parr ( theSamParr) talk with Kevin Ryan, Founder and CEO of AlleyCorp, an incubator and venture capital fund behind Business Insider, MongoDB, GILT and Zola among others. Kevin shares how he runs his +$20B venture studio AlleyCorp, why Buzzfeed ultimately failed, how he launches 8 companies a year and much more.
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Check Out Sam's Stuff:
• Hampton - www.joinhampton.com
• Ideation Bootcamp - www.ideationbootcamp.co
• Copy That - copythat.com
Check Out Shaan's Stuff:
• Try Shepherd Out - www.supportshepherd.com
• Shaan's Personal Assistant System - shaanpuri.com/remoteassistant
• Power Writing Course - maven.com/generalist/writing
• Small Boy Newsletter - smallboy.co
• Daily Newsletter - www.shaanpuri.com
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Show Notes:
(0:00) Intro
(3:15) Selling DoubleClick to Google for ~$3B
(5:20) Starting Business Insider, MongoDB and Gilt
(11:00) What led Kevin to start Business Insider
(15:00) Why Kevin hired Henry Blodget to run Business Insider
(16:45) What did Buzzfeed get wrong?
(18:45) Why has AlleyCorp been such a success compared to other venture studios?
(29:20) What businesses Kevin’s excited about right now
(39:00) Thoughts on buy vs. build vs. bootstrap
(41:00) What business has been the easiest and most profitable?
(42:50) Thoughts on AI
(44:50) Launching 8 companies a year
(47:40) Why Kevin isn’t on social media
(50:20) Starting companies in the recruiting space
(54:20) The benefit of being emotionally stable
(56:20) Kevin’s investment portfolio
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Links:
• Kevin’s Linkedin - www.linkedin.com/in/kevinryan3/
• AlleyCorp - alleycorp.com/
• Business Insider - www.businessinsider.com/
• Henry Blodget - hblodget
• MongoDB - www.mongodb.com/
• Gilt - www.gilt.com/
• The Ladders - www.theladders.com/
• RippleMatch - ripplematch.com/
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