Silicon Valley: History’s Greatest ‘Ponzi Scheme’ (Mini Documentary)

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Jake Tran

Jake Tran

Күн бұрын

Пікірлер: 1 800
@jaketran
@jaketran 4 жыл бұрын
💰 Do you watch KZbin? if you do, here's how to turn your passion into an extra income from KZbin, without ever showing your face or creating the videos yourself: l.viralprofits.yt/passion So guys... How much are you gonna invest in Tran Capital? 🗣️ GET UP TO 65% OFF ➡️ your first 6 months of Babbel 🕒 limited time only! HERE: go.babbel.com/6m50-youtube-jaketran3-jan-2021/default Subscribe to Arvid the Insider's channel (the President of Jordan Belfort) here: jake.yt/arvid
@EN-ye3dz
@EN-ye3dz 4 жыл бұрын
Hey Jake can you a video about the gaming industry, topics such as low pay for workers, loot boxes, mobile games and the sort
@Floof_Factory
@Floof_Factory 4 жыл бұрын
What are all the movies you used footage from? Some of them I haven't seen before
@evanwright1564
@evanwright1564 4 жыл бұрын
"Invest your money in LGBTQ today"
@AtheismF7W
@AtheismF7W 4 жыл бұрын
@Jake Tran SHUT UP AND TAKE MY MONEY
@scottnunyos2315
@scottnunyos2315 4 жыл бұрын
It looks very useful 👍
@willinton06
@willinton06 4 жыл бұрын
“Don’t sue me bro” Works every time 60% of the time
@jaketran
@jaketran 4 жыл бұрын
😂😂😂😂
@willinton06
@willinton06 4 жыл бұрын
@Mojo Jojo getting stuff right is difficult
@ASouthAfrican32
@ASouthAfrican32 4 жыл бұрын
@@willinton06 mojo jojo got a lot of experience in getting things wrong 😁
@franciscusradityapamarta4645
@franciscusradityapamarta4645 3 жыл бұрын
Don’t sue me bro,I got A trex penis fossil
@gregsmith7949
@gregsmith7949 3 жыл бұрын
Just like "Sex Panther" 🤣
@vdmur7952
@vdmur7952 4 жыл бұрын
Pitching an idea: ‘China, EV, AI, Scalable, Rapid Growth.’ 99% of investors: ‘I’m in.’
@BearMeOut
@BearMeOut 4 жыл бұрын
Rando across the street: bitconeeee
@MK_ULTRA420
@MK_ULTRA420 4 жыл бұрын
You you forgot SaaS, IoT and Blockchain 😂😂😂
@SiisKolkytEuroo
@SiisKolkytEuroo 4 жыл бұрын
I'm throwing money at my screen but nothing's happening
@mountainman6172
@mountainman6172 4 жыл бұрын
Ding! Ding! ding! Ding! ding! ding! ding!
@Patrick-gf5xg
@Patrick-gf5xg 4 жыл бұрын
+ Drones .
@BarelySociable
@BarelySociable 4 жыл бұрын
Jordan belfort... Ah yes, the bastion of honest investing advice.
@KaRmaTheSchemer
@KaRmaTheSchemer 4 жыл бұрын
11k club 😎 lol nice seeing you around
@blackcat19778
@blackcat19778 4 жыл бұрын
I was going to write the same thing.
@theaccountant5846
@theaccountant5846 4 жыл бұрын
One of my favourite channels watching another of my favourite channels!
@psyop5234
@psyop5234 4 жыл бұрын
@@theaccountant5846 that happened with me too
@LankyMofo
@LankyMofo 4 жыл бұрын
Automatically my first thought....
@Yuri_wasright
@Yuri_wasright 4 жыл бұрын
“The most effective way to destroy people is to deny and obliterate their own understanding of their history.” ― George Orwell
@jaketran
@jaketran 4 жыл бұрын
whatup yuri
@Yuri_wasright
@Yuri_wasright 4 жыл бұрын
@@jaketran Good, make your next video on me. please.
@vasiliymedvedev1532
@vasiliymedvedev1532 4 жыл бұрын
what's the point of making a video about a generic traitor, CIA asset?
@RebornLegacy
@RebornLegacy 4 жыл бұрын
Reminds me of Trump's "Patriotic Education" initiative which tries to downplay the racism of America's past
@TheLily97232
@TheLily97232 4 жыл бұрын
Thank you for this quote. I will keep it close
@arvidali
@arvidali 4 жыл бұрын
Thank you for having me on! All of your videos are 100% accurate and incredibly impressive. Now, all you have to do is call your channel a disruptive tech startup and you'll be a billionaire in no time haha
@jaketran
@jaketran 4 жыл бұрын
Let's take this company public 😂
@jeffshackleford3152
@jeffshackleford3152 3 жыл бұрын
@@jaketran Let me know when you raise the series A
@ricefarmer8553
@ricefarmer8553 3 жыл бұрын
@@gordonknox4869 The same reason why soldiers in war make jokes about the battlefield, if you want to keep yourself sane long enough its best you crack a couple jokes here or there before your mind actually gives up on life.
@mrcv1999
@mrcv1999 3 жыл бұрын
bruhh your channel is fucking garbish man he has 2 videos and one of them is about meditation lmao and the other about the cure of sadness xddd what fucking bullshit are u promoting man?
@joshuadevsimmz6396
@joshuadevsimmz6396 2 жыл бұрын
@@gordonknox4869 Chill grandpa... it's called SATIRE! 😑😐
@trygveplaustrum4634
@trygveplaustrum4634 4 жыл бұрын
Me, as a VC intern: "Hey, X Startup is puffing up its product to look better than it is, the founder's previous company went bust, and this really doesn't seem like a highly marketable product." VC firm: "All right, how many hundreds of thousands do we want to stick into X Startup?"
@steventenhundred
@steventenhundred 3 жыл бұрын
Lol you're kidding!! So I'm guessing they like the risk with a slight potential of being lucrative?
@fabiofcferreira
@fabiofcferreira 3 жыл бұрын
@@steventenhundred that's the thing. It's not just VCs that throw money into everything. It's everyone so it's ways a good idea to invest into shitty ideas and projects nowadays 😅
@AwakenTheGuardian
@AwakenTheGuardian 4 жыл бұрын
This explains everything about Raid Shadow legends
@DronidChannel
@DronidChannel 4 жыл бұрын
I laughed so hard at this comment, you got the point of the video all right, hats off
@jedidiahwayne9786
@jedidiahwayne9786 4 жыл бұрын
Oh snap...
@wildchild7325
@wildchild7325 4 жыл бұрын
Oh shit
@mrcookie3881
@mrcookie3881 4 жыл бұрын
hahaha OHH DAMM
@vdmur7952
@vdmur7952 4 жыл бұрын
hahaha lmao
@andythedishwasher1117
@andythedishwasher1117 4 жыл бұрын
I really appreciate the practical life priorities that your content and sponsorships encourage. Thanks for bringing this stuff into a useful perspective.
@ChengTeoh
@ChengTeoh 4 жыл бұрын
Combine the words "Disruptive" & "EV", slap together some pretty graphics of a currently non-existent product, eventually roll the prototype down hill and watch the people just throw bags of money at you, then cash out before the scheme is figured out. ;)
@mattsterh7740
@mattsterh7740 4 жыл бұрын
our cars are going to be fueled by child tears. its good for the enviroment and is the next ev revolution
@jaketran
@jaketran 4 жыл бұрын
Will you take my money?
@kelvintiger
@kelvintiger 4 жыл бұрын
Isn’t that literally what Faraday future did with their cars? Lol
@mattsterh7740
@mattsterh7740 4 жыл бұрын
@@jaketran we are overjoyed to have a man of your caliber in our corner
@marcagray
@marcagray 4 жыл бұрын
Wow you’re good you should start a VC fund.
@benasleo
@benasleo 4 жыл бұрын
Now that you have explained it so well, this looks so bizarre... millions of people making billions of dollars without any real products or actual VALUE behind it.
@dangogirl870
@dangogirl870 4 жыл бұрын
I just love how this channel even gets attention/ recognition of people who are in the circles of these topics sometimes.
@trygveplaustrum4634
@trygveplaustrum4634 4 жыл бұрын
I used to intern for a venture capital firm. While I'll need some time to see if I agree with everything you're putting out, I do appreciate the way you call out the vast amount of inefficiencies in the venture capital industry. Just five minutes of research before investment could flip the entire system on its head, for the better.
@shalinijha1503
@shalinijha1503 3 жыл бұрын
What are the things you don't agree with, here
@milanjandik2102
@milanjandik2102 2 жыл бұрын
Yeah, there is a fixed language at vcs that your pitch material has to correspond with, the actual content is unnecessary. If you check all the boxes with the current trends, bam, you are in. But if you actually try to build a tech solution based on realism and the problem that gets tackled… Dead silence… Then at this moments you just have to shout ‘Ivy league!’ and every cards are back on the table.
@gargesata
@gargesata 4 жыл бұрын
this whole thing reminds me of south parks episode Go Fund Yourself: 1 Start up 2 Cash in 3 Sell out 4 Bro down :D
@jaketran
@jaketran 4 жыл бұрын
damn I totally forgot about that ep
@mikitz
@mikitz 4 жыл бұрын
Which also reminds me of the Underpants Gnomes' business scheme: 1. Collect underpants 2. ? 3. Profit
@TacticsTechniquesandProcedures
@TacticsTechniquesandProcedures 4 жыл бұрын
@@mikitz this has been a meme for decades.
@kingsosa8671
@kingsosa8671 4 жыл бұрын
Go Fuck Yourself
@masrursakib6528
@masrursakib6528 4 жыл бұрын
What epsidoe is that? I wanna watch it.
@tegaethan
@tegaethan 3 жыл бұрын
These video went from being an exposé to being a ponzi tutorial 💀
@theaccountant5846
@theaccountant5846 4 жыл бұрын
I'm gonna be the first to say it. Jake Tran didn't kill himself....
@CrackinJacks138
@CrackinJacks138 4 жыл бұрын
This comment is on every video jake makes.
@theaccountant5846
@theaccountant5846 4 жыл бұрын
@@CrackinJacks138 I guess in that case, I'm the 48th person to say it....
@wolfsden6479
@wolfsden6479 4 жыл бұрын
We keep joking... but seriously someone may want to wack him at some point.
@israeledeaghe5957
@israeledeaghe5957 4 жыл бұрын
@@theaccountant5846 More like the 100th+
@6YJI9
@6YJI9 3 жыл бұрын
Or that one VC investor that's speaking the truth.
@thoughtsofapeer
@thoughtsofapeer 4 жыл бұрын
"3 out of every startups fail" - Jake Tran, 2021 16:37
@brettjosh
@brettjosh 4 жыл бұрын
Just wanted to say as someone who struggled with lockdown, you have been a huge inspiration, because of your channel I have: -Massively improved my CV. -Learnt how to start a cult. -Learnt how to become a successful con-artist. -Have more of an idea how to make countries go to war. Thankyou🙏
@jaketran
@jaketran 4 жыл бұрын
you got it
@asdeEducation
@asdeEducation 4 жыл бұрын
Hi Josh to which video you're referring when by massively improving your CV ? :D
@brettjosh
@brettjosh 4 жыл бұрын
@@asdeEducation kzbin.info/www/bejne/fGHJo6tmpLurnbs
@asdeEducation
@asdeEducation 4 жыл бұрын
@@brettjosh Thanks Josh, now I will get that job I wanted :D
@brettjosh
@brettjosh 4 жыл бұрын
@@harshithvaddiparthy Yes don't worry😂
@DragonKidSlayer3
@DragonKidSlayer3 4 жыл бұрын
man this just sounds like money laundering with extra steps
@TheLily97232
@TheLily97232 4 жыл бұрын
That's what I thought toi
@2tired2sleep2
@2tired2sleep2 4 жыл бұрын
You're catching on
@bloodyidit4506
@bloodyidit4506 4 жыл бұрын
It’s all money laundering my dude. No one gets all the money without taking it.
@vanadium0728
@vanadium0728 4 жыл бұрын
the fact that you put all of this great work for free is amazing
@jaketran
@jaketran 4 жыл бұрын
THANKS MAN!!
@realhardpolitics-com5124
@realhardpolitics-com5124 4 жыл бұрын
Your video is more accurate than you may even realize.... in the business it made me sick... this is the story that was told me "While gold was first discovered in Alaska during the 1870s, the 1890s have come to be known as the Yukon-Klondike Gold Rush days, as thousands of rugged individuals swarmed to the northern climes to find fortune and glory. Unsurprisingly, during the winter of 1896-97 the Alaskan ports were frozen solid and therefore closed to all shipping traffic. Food became very scarce and very expensive since new supplies had to be brought in over land at great hardship. Reportedly, a can of sardines that had cost $0.10 in New York could be priced at 10 times that amount by the time it reached the gold miners in Alaska. Still, there was great demand even at such inflated prices. For instance, in one remote mining town the price of a can of sardines was sold at rapidly escalating prices from $10.00, to $30.00, then $50.00. Finally, one desperately hungry miner paid $100.00 for a can of the highly sought after sardines. He took it back to his room to eat. He opened it. To his amazement he discovered the sardines were rotten. Angered, he found the person who sold him the tin and confronted him with the rotten evidence. The seller was amazed and shouted, 'You mean you actually opened that can of sardines? You fool; those were trading sardines, NOT eating sardines!'” ... Anonymous
@onyedikaonuorah7681
@onyedikaonuorah7681 3 жыл бұрын
that's crazy! 😅
@dksdmusic
@dksdmusic 2 жыл бұрын
Damn.
@DwAboutItManFr
@DwAboutItManFr 2 жыл бұрын
What
@CaseyBurnsInvesting
@CaseyBurnsInvesting 4 жыл бұрын
SPACs with multi billion dollar valuations... no bubble to see here guys...
@jaketran
@jaketran 4 жыл бұрын
THANKS MAN!!
@iampeterlondon
@iampeterlondon 4 жыл бұрын
Oh snap You're over here too Casey Mad props to you bro
@rahulsampat8698
@rahulsampat8698 4 жыл бұрын
@@iampeterlondon He is omnipresent... lol
@iampeterlondon
@iampeterlondon 4 жыл бұрын
@@rahulsampat8698 Its a small world bro, even on the internet.
@rahulsampat8698
@rahulsampat8698 4 жыл бұрын
@@iampeterlondon Agreed...
@ccxxi1163
@ccxxi1163 4 жыл бұрын
Wow man your content keeps improving, its been a while since i came across your channel and i couldnt help but notice your audio mixing is way better than i remember! Love your topics and research, major props
@jaketran
@jaketran 4 жыл бұрын
THANKS MAN!!
@jcm2678
@jcm2678 4 жыл бұрын
Funny that I never learned any of this in my college business classes. Guess I'm screwed when I start my company.
@dd-ez3im
@dd-ez3im 4 жыл бұрын
@no no no Failed actors teach drama :)
@e1v1a19
@e1v1a19 4 жыл бұрын
I started seeing the bullshit in a college course I took called “Corporate governance”. The power dynamics and ways people at the top steal from companies they run is the same way dictators steal from countries.
@sal166
@sal166 4 жыл бұрын
@@e1v1a19 and then those companies wide push left wing Communist ideologies and lobby the politicians so they can change the system away from free market and stay at the top
@e1v1a19
@e1v1a19 4 жыл бұрын
@@sal166 communist ideologies? Like government and 99% taxation? Lol, no corporations are pushing that.
@peterbradshaw8018
@peterbradshaw8018 3 жыл бұрын
At college you need to be proactive in learning what you need to know it aint kindergarten.
@whorror_punx
@whorror_punx 3 жыл бұрын
Always wondered why Uber/Lyft have always reported such massive losses every year. Good video, man 🤙
@aplusmaker410
@aplusmaker410 4 жыл бұрын
I was litterly just wondering when one of my subscriptions would drop a interesting video like this perfect timing.
@Dan-zc7ut
@Dan-zc7ut 4 жыл бұрын
Same
@jaketran
@jaketran 4 жыл бұрын
Hope you enjoyed it!
@Dan-zc7ut
@Dan-zc7ut 4 жыл бұрын
@@jaketran loved it 😁
@kareemclintonolawale1117
@kareemclintonolawale1117 4 жыл бұрын
I've been looking for someone to say this.... Companies making
@youngman6355
@youngman6355 4 жыл бұрын
Uber of One-Night Stands? I need to get in that business...
@missScarlatine
@missScarlatine 4 жыл бұрын
It's called grindr
@alexbob5209
@alexbob5209 4 жыл бұрын
@@missScarlatine tinder
@nerdydev
@nerdydev 4 жыл бұрын
Adult works
@Matanumi
@Matanumi 3 жыл бұрын
Tinder came and went. It truly was that in the first few years of its life span.... Now its just a shell corp collecting data
@gordlass
@gordlass 4 жыл бұрын
that smooth babbel transition at the end really got me
@jaketran
@jaketran 4 жыл бұрын
THANKS MAN!!
@RamblinWreck1001
@RamblinWreck1001 4 жыл бұрын
I love this channel so much. The fact you can get informative videos like these on KZbin is great for the public. Keep up the good work, man! You’re one of the few helping to educate a general audience and making a real difference.
@jaketran
@jaketran 4 жыл бұрын
THANKS MAN!!
@theharshtruthoutthere
@theharshtruthoutthere 2 жыл бұрын
@@jaketran kzbin.infovideos kzbin.info/door/WNFHkbr59eZF7v7DGb82Lgvideos kzbin.infovideos kzbin.infovideos kzbin.infovideos kzbin.info/door/LUFidvWlVtjhulAWwsM9Dgvideos kzbin.infovideos kzbin.info/door/o5lQfQnerDBYDIvxqQQUAwvideos kzbin.info/door/gFzH4c0LMtA48t0MamhQLwvideos kzbin.infovideos kzbin.infovideos kzbin.info/door/YvQABpqNzB0mIjbV52Pf1wvideos kzbin.info/door/CME03R5Npsww-JPuoN8SBgvideos kzbin.info/door/70CU-gkbq3DfW_3wZptp4wvideos kzbin.info/door/T0zkIOsppSq_9fd8wnTWAAvideos kzbin.info/door/7xf_5N7MJAfcZY9LiIlVtAvideos
@rudyrudy5384
@rudyrudy5384 3 жыл бұрын
So amazing to see you grow Jake, great job growing your channel over the last couple years.
@yashgulave8366
@yashgulave8366 4 жыл бұрын
If this VC culture stops, the revenues of Google, Facebook and Amazon are going to decrease significantly.
@BasicLib
@BasicLib 4 жыл бұрын
@Magnum Dong Be careful what you wish for
@mauriciosolano9342
@mauriciosolano9342 4 жыл бұрын
@Magnum Dong Those companies can die, yes But new ones will take over
@TheBanterCity
@TheBanterCity 4 жыл бұрын
@Magnum Dong at least be grateful ffs
@peterpan4038
@peterpan4038 4 жыл бұрын
Google and especially Amazon are to stable to collapse any time soon, Facebook on the other hand REALLY relies on ad income. When one of them fails, Facebook will go under first.
@r-type4945
@r-type4945 4 жыл бұрын
These companies are like the big chunks in a boiling soup. You can't determine which direction they'll move next or if they'll fall apart at some point. Prof Scott Galloway analyzes them for years now and still gets things wrong ever so often.
@ohioguy1946
@ohioguy1946 3 жыл бұрын
As someone that works for a “tech startup” that just went through another very very very large round of funding...this is scary lol
@X786BBF
@X786BBF 2 жыл бұрын
So.. was the company part of the big ones with the recent layoff rounds?
@ohioguy1946
@ohioguy1946 2 жыл бұрын
@@X786BBF nope luckily! We’re safe for now… still hiring actually.
@ayoo129
@ayoo129 4 жыл бұрын
if this is a mini documentary i cant wait to see what a full fledged one can look like 😳
@jaketran
@jaketran 4 жыл бұрын
maybe in the future
@Matanumi
@Matanumi 3 жыл бұрын
These are faster and easier to put out more of
@joefrancisochia5406
@joefrancisochia5406 3 жыл бұрын
It would be riddled with Ads thats for sure.
@deesee6009
@deesee6009 4 жыл бұрын
@16:38 - "3 out of every start-ups fail" - that's a lot!
@jairajulwala8288
@jairajulwala8288 4 жыл бұрын
Me: clicks babbel link My duolingo owl: so you've chosen death!
@jaketran
@jaketran 4 жыл бұрын
I'm proud of you
@ystl1093
@ystl1093 4 жыл бұрын
LOL
@notladdu
@notladdu 4 жыл бұрын
Crazy how Chamath, guy in the video, has more SPACs than anyone else 😂
@jaketran
@jaketran 4 жыл бұрын
😂
@watema3381
@watema3381 4 жыл бұрын
"Nooo... So don't sue me bro" This video was great, but this single line made it a favorite. It oozes sarcasm, and I love it! Jake Tran secretly rules the world, I swear.
@jaketran
@jaketran 4 жыл бұрын
meet kevin is goat
@AKDOGPRODUCTION
@AKDOGPRODUCTION 4 жыл бұрын
Your the best Jake!!👍🏽
@snoopyf35
@snoopyf35 4 жыл бұрын
I’ve been keeping up with your content for a while and this one takes the cake. My personal favorite so far. Great work!
@lukeporter6186
@lukeporter6186 4 жыл бұрын
So if Facebook or Amazon end up acquiring a start up for 40% of their perceived value, they are effectively purchasing for free because of the money spent by that company on their ads.
@FourOf92000
@FourOf92000 4 жыл бұрын
I heard Elizabeth Holmes and knew shit was gonna get real
@jaketran
@jaketran 4 жыл бұрын
😂😂
@pja6476
@pja6476 4 жыл бұрын
Dude please, this isn't instagram@@jaketran
@ernestasjarmak9884
@ernestasjarmak9884 4 жыл бұрын
@@pja6476 What? You can use emojis only on instagram?
@alexdaniel5830
@alexdaniel5830 4 жыл бұрын
@@pja6476 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
@pja6476
@pja6476 3 жыл бұрын
@@ernestasjarmak9884 most spastic people that don't really know how to interact with people use emoji's often, a large part of the Instagram population buddy.
@TehMr
@TehMr 4 жыл бұрын
So glad to see your channels growth
@Debodreal1
@Debodreal1 4 жыл бұрын
Jake !! Let's get this channel to 1M subscribers this year.
@jaketran
@jaketran 4 жыл бұрын
hell yeah!
@ulissemini5492
@ulissemini5492 4 жыл бұрын
@@jaketran GROW FASTER!
@aaronmarsman
@aaronmarsman 4 жыл бұрын
@@ulissemini5492LOL grow faster
@SamvitAgarwal
@SamvitAgarwal 4 жыл бұрын
One of the best channels on KZbin honestly
@stanleychen2584
@stanleychen2584 4 жыл бұрын
wait so universities researched that people save more from learning languages not from universities
@IGeorge94
@IGeorge94 4 жыл бұрын
Oh the irony.
@toromisher
@toromisher 4 жыл бұрын
Probably the departments that did the research wanted to convince the board that they deserved more funding instead xD
@aliyare349
@aliyare349 4 жыл бұрын
Most of the students who take these classes do it as electives for their majors so they don’t really pay attention. The ones who take it to learn most likely do learn more.
@BrayanCarrera911
@BrayanCarrera911 4 жыл бұрын
VCs are probably the ones putting the 🚀 emoji all over social media next to their ticker 😂
@benezer5155
@benezer5155 4 жыл бұрын
3 years from now jake will have a documentary series on netflix
@Dmartinez117
@Dmartinez117 4 жыл бұрын
*6 Months
@benezer5155
@benezer5155 4 жыл бұрын
@@jellyfishi_ good point
@dovahkiin3379
@dovahkiin3379 2 жыл бұрын
he'd do better if he starts his own platform, he probably has the money and the following to risk it and see where he lands, and in any case under Netflix he won't have the liberty to do what he does now
@cocobrez
@cocobrez 4 жыл бұрын
Jake Tran: Hey Softbank I have this big idea ..... Softbank: Realy, is it a tech company! Jake Tran: Yes Softbank: here is 45 billion dollars. Jake Tran: But I haven't told you my idea yet! Softbank: Shhhhhhhhhh, Don't worry about that. Meanwhile The government, mafia, and others spying on Jake Tran.
@zionnaranje7298
@zionnaranje7298 4 жыл бұрын
Spot on!
@midimusicforever
@midimusicforever 4 жыл бұрын
Conclusion: Buy stocks in Facebook, Google and Amazon.
@rumplstiltztinkerstein
@rumplstiltztinkerstein 4 жыл бұрын
Weird to think how a google, facebook or amazon accounts are becoming more important in our lives than documents like birth certificate.
@sarvashaktimaan7106
@sarvashaktimaan7106 4 жыл бұрын
@@rumplstiltztinkerstein Your birth certificate only affects your life in the very specific circumstances where you need a birth certificate. There is no way in hell that not having access to these 3 would significantly increase how much your birth certificate affects your life. In the first place, why are you comparing the importance of two things that serve completely different purpose and NEVER interact? Like bruh, it's so sad how paper is becoming more important than specifically rye bread.
@rumplstiltztinkerstein
@rumplstiltztinkerstein 4 жыл бұрын
@@sarvashaktimaan7106 I was going to say documents like personal ID. But then I noticed that these documents can change a lot from country to country.
@dr.lyleevans6915
@dr.lyleevans6915 4 жыл бұрын
I’ve had great returns on all of these
@SpunkyMcGoo
@SpunkyMcGoo 4 жыл бұрын
Conclusion: burn it all down
@tomlxyz
@tomlxyz 3 жыл бұрын
Funny that Chamath is talking about ponzi scheme types of vulture capital when he created a couple of SPACs
@shiyifan
@shiyifan 3 жыл бұрын
I have been scrolling to look for this comment. Thank you 😅
@youngman6355
@youngman6355 4 жыл бұрын
Your videos are amazing, I'm jealous of your creativity and work ethic...
@jaketran
@jaketran 4 жыл бұрын
Thank you so much 😀
@jvbutalid8316
@jvbutalid8316 3 жыл бұрын
how fast are you growing, jake tran? grow faster!
@yourmusichost5746
@yourmusichost5746 4 жыл бұрын
As soon as I saw the title I knew I was about to see Chamath
@jaketran
@jaketran 4 жыл бұрын
ayy
@jonathanacuna
@jonathanacuna 4 жыл бұрын
Well done Jake!! This was phenomenal insightful. And true.
@breezyx976
@breezyx976 4 жыл бұрын
"40% of all funds go right back to google for ads" So what you're saying is.. start selling ads? like, instead of doing what everyone else does, do what they all need. (idk what that is called)
@jaketran
@jaketran 4 жыл бұрын
sell the shovels
@breezyx976
@breezyx976 4 жыл бұрын
@@jaketran YES
@lanalex4826
@lanalex4826 4 жыл бұрын
I think the point is that it's the 3 giants (Google, FB, Amazon) that are getting all that ad money. The shovels have already been monopolized (by Google, FB, Amazon).
@sharpieman2035
@sharpieman2035 4 жыл бұрын
Ayyyy now you’re getting it.
@HiFisch94
@HiFisch94 4 жыл бұрын
@@lanalex4826 No, they sell the claims. They give adspace to the most fitting, most paying person. You can still sell shovels by for example identifying the right customer groups, finding how to market the product best and so on
@Insamant
@Insamant 4 жыл бұрын
Such a great job on this video. Respect.
@hashamshafqat
@hashamshafqat 4 жыл бұрын
They kidnapped Jack Ma instead of Jake Tran..😂
@Xvalex2
@Xvalex2 3 жыл бұрын
I love how well the sponsor fits to the topic
@manofculture8026
@manofculture8026 4 жыл бұрын
"They're going to be the next Uber of one night stands" Sounds like you invested in Tinder 😂 10:30
@BOBMAN1980
@BOBMAN1980 3 жыл бұрын
Man I love your channel! You do a good job bringing perspective, history, and knowledge into a palatable--if not a little cynical--lingo that normal people can understand. My father has an MBA, and ever since I was a kid he'd speak and lecture only in jargon that would confound even the simplest question I had. (This kind of babble isn't unique to business; practically anyone with an advanced degree in any subject vexes it when they talk. . . .for reasons. . ..) Anyhow, keep it up!
@micahlouison9472
@micahlouison9472 4 жыл бұрын
Jake Tran did it again, startup life is the real-life wizard of oz, thanks for pulling back the curtains.
@RealAmarSheth
@RealAmarSheth 3 жыл бұрын
Jake, this is a great channel. I love the video essay format.
@AdvaithKumar
@AdvaithKumar 4 жыл бұрын
Ahhh, A jake tran upload! Great stuff to distract me from the stuff that is currently happening!
@Theresho.Komane
@Theresho.Komane 4 жыл бұрын
USA?
@AdvaithKumar
@AdvaithKumar 4 жыл бұрын
@@Theresho.Komane yes
@Theresho.Komane
@Theresho.Komane 4 жыл бұрын
@@AdvaithKumar My heart goes to you all. This will pass. Worry not mate.❤
@jaketran
@jaketran 4 жыл бұрын
THANKS MAN!!
@daphneweldnichols3846
@daphneweldnichols3846 4 жыл бұрын
@@Theresho.Komane Thank you - Staying in ALIGNMENT with the DIVINE!
@bill-cipher000
@bill-cipher000 4 жыл бұрын
*Give this man some more subs and views!!*
@lebobelo
@lebobelo 4 жыл бұрын
Jack Ma suddenly is missing, certainly they thought it was Him who is the admin of this channel. 😂🧘‍♂️
@HIM3153
@HIM3153 4 жыл бұрын
🤣🤣🤣legit
@arminius6506
@arminius6506 4 жыл бұрын
It's missing in western minds (brainwashed useful idiots 😂)
@puntoni
@puntoni 4 жыл бұрын
Watch him resurface like Kim's "death".
@naknampucha5236
@naknampucha5236 4 жыл бұрын
@@arminius6506 nahh there's a saying that the tallest trees are needed to be torn down first,..It means no one shouldn't be more influentia in Chinal other than CCP itself.,Jack Ma is a necessity to be torn down.
@gabes80
@gabes80 4 жыл бұрын
16:36 "Three out of every startups fail" -- had to rewind this 4 times before I realized I wasn't mishearing it! 😂
@siyandamakhalima6425
@siyandamakhalima6425 4 жыл бұрын
Now you hitting the right spot :). Thanks again for great content
@jaketran
@jaketran 4 жыл бұрын
THANKS MAN!!
@iwanticonicstudio
@iwanticonicstudio 4 жыл бұрын
best content i saw this year on KZbin
@zuvlet
@zuvlet 4 жыл бұрын
All of your videos Ive watched have been more important than my high school education You are like a future teacher
@ennou1236
@ennou1236 4 жыл бұрын
When you thought you raised a juicy watermelon but in reality is just an over inflated baloon.
@mesmith2526
@mesmith2526 4 жыл бұрын
Having sat in on a few funding pitches from different start ups, while working at a hedge fund in Chicago (the start up allocations would have qualified as a “side pocket” investment), I was ‘That Guy’ who would ask, “So if your startup ultimately crashes and burns, what’s your exit strategy?” Needless to say, most didn’t have an answer, and no one received an allocation from any pitch I sat in to my recollection....
@jaketran
@jaketran 4 жыл бұрын
thanks for sharing!
@mesmith2526
@mesmith2526 4 жыл бұрын
@@jaketran thanks for putting out quality content. Most laypeople don’t have a clue about the world of alternative investments, so I appreciate that a creator, such as yourself, actually utilizes sound resources to educate people, rather than source the 2nd blog post on page 5 of a Google search from some armchair expert (like some other unnamed YT channels may or may not do).
@daphneweldnichols3846
@daphneweldnichols3846 4 жыл бұрын
Hello! I’d love to hear what you would have considered to be a good exit strategy concept - what that would have impressed you and your company? Thanks!
@mesmith2526
@mesmith2526 4 жыл бұрын
@@daphneweldnichols3846 honestly, it’s a question to try to understand how the company’s management reacts to high pressure scenarios, and how thorough they are with considering adverse variables that may potentially arise (ex. some algorithmic traders [FX liquidity providers]were trying to get an allocation). Since they weren’t co-located within an exchange and their servers would be running in-house [our office was half a block from the trading venue, so latency was still really low] , I asked them, “so what’s your plan if the office loses power?” Are you planning to bring in backup generators, or do you have a contingency plan? The two guys looked at each other, then after a pause said, “we actually never really considered that. Nobody has ever asked us that before.....” Idk that I’m necessarily looking to be “impressed” per-say , but if they’re able to display critical problem solving ability, or potential solutions on the spot it would have shown they can be reflexive in the face of uncertainty under pressure, or how diligent they are in analyzing possible external risk factors that could develop outside of market operations. I guess some would refer to it as a business continuity plan (BCP), but it differed from pitch to pitch, depending on the company.
@chrisj6321
@chrisj6321 3 жыл бұрын
think thats the best tie in advert at the end I have ever seen. well done
@gauthamvijayan
@gauthamvijayan 4 жыл бұрын
The Amount of knowledge I gain from Jake Tran's videos are unparalleled. You sir are a legend!!!!!
@victorrosales7565
@victorrosales7565 4 жыл бұрын
Dude best video by far omfg
@macavalli2619
@macavalli2619 4 жыл бұрын
16:38 "three out of every startups fail" my God that is a terrible statistic, too much risk. That's 3x more than expected
@joukerienstra5785
@joukerienstra5785 4 жыл бұрын
I wondered why noone was talking about this shocking statistic 😂
@Honeycawt
@Honeycawt 4 жыл бұрын
I think they just have enough money that investing in it’s not a big risk
@joukerienstra5785
@joukerienstra5785 4 жыл бұрын
@@Honeycawt I think something went over your head
@Honeycawt
@Honeycawt 4 жыл бұрын
@@joukerienstra5785 the ppl who invest in startups most likely have a ton of money to risking an investment w a start up. Ur average joe most likely wouldn’t bc of that stat. But the ppl who would barely lose money don’t care
@joukerienstra5785
@joukerienstra5785 4 жыл бұрын
@@Honeycawt I still think something went over your head. Maybe it was the joke?
@DataHotep
@DataHotep 4 жыл бұрын
I love it that you labeled San Francisco, Silicon Valley lol. Its really gotten to that point where people don't know the distinction anymore. Man the city I remembered is gone now!
@matthewhyne5230
@matthewhyne5230 4 жыл бұрын
I’m a simple man , I see funny bit connect guy. I like.
@barfymann362
@barfymann362 4 жыл бұрын
Hey dude you have a great channel, has the potential to disrupt the entire media industry - now I don't say this often, but you might just be the genius we've been looking for. How would you like some capital to boost your channel and take it to the next level? Maybe even get listed on one of them stock exchanges.
@MajesticDre
@MajesticDre 4 жыл бұрын
What's better than interviewing someone that works for a scammer about scams
@nobrac1647
@nobrac1647 3 жыл бұрын
That add segway at the end of video was actually very clever. Nice.
@Je.rone_
@Je.rone_ 4 жыл бұрын
The Bernie Madoff situation is the reason why I do not like entrusting all of my wealth completely to any other person this includes index funds although I do invest to some degree in these
@MrSoloDoesIt
@MrSoloDoesIt 4 жыл бұрын
ayeee Black Vito 😎 🤙🏿
@oz_jones
@oz_jones 4 жыл бұрын
Diversify, diversify, diversify
@nxbis
@nxbis 4 жыл бұрын
I heard ARK is solid
@user-ti9zc1xv2b
@user-ti9zc1xv2b 4 жыл бұрын
@Christian William Index funds are basically black boxes.
@tomlxyz
@tomlxyz 3 жыл бұрын
@@user-ti9zc1xv2b wtf no. They tell you exactly what's in there
@saintarj4552
@saintarj4552 2 жыл бұрын
Man your channel is gonna expose all the secrets
@hookah998
@hookah998 4 жыл бұрын
I learn more from Jake Tran then my actual classes
@jaketran
@jaketran 4 жыл бұрын
you're god damn right 😂
@Matanumi
@Matanumi 3 жыл бұрын
A failure of the modern education system
@chriskevini
@chriskevini 4 жыл бұрын
This is one of the greatest videos on KZbin.
@hloniphizwemthembu8143
@hloniphizwemthembu8143 4 жыл бұрын
Jake Tran could single handedly redeem Netflix.
@BRP
@BRP 4 жыл бұрын
NAHHHH THE BIT CONNECT CLIP IS THE FUNNIEST OF ALL TIME lol
@jaketran
@jaketran 4 жыл бұрын
lol
@spy5126
@spy5126 4 жыл бұрын
Damn, I love these types of stories which you have made a whole channel about. Why did you think of making this whole channel with all these videos?
@gwem1979
@gwem1979 4 жыл бұрын
I love clips where people are fawning over creepy steve jobs fembot mk I. Ah theranos, one of my favourite scams
@jakemiller67
@jakemiller67 4 жыл бұрын
Theranos was fake it till u make it at its finest
@gwem1979
@gwem1979 4 жыл бұрын
@@jakemiller67 for the life of i could never get why people were so in awe of creepy steve jobs fembot. The voice, the eyes... god if i met someone like that I’d be creeped out. But people threw themselves at her and lay prostrate at her feet, gobbling up the bullshit she was selling. Just incredible.
@Dimitri88888888
@Dimitri88888888 4 жыл бұрын
The fuck are you even talking about? Steve jobs fembot?????
@gwem1979
@gwem1979 4 жыл бұрын
@@Dimitri88888888 elizabeth whatever her surname was. Founder of theranos. Blonde lady in several clips of this video. Dressed like steve jobs. Had a hero worship thing for him. And i say fembot, not femboy, because she sounded like a bloody robot
@spinyslasher6586
@spinyslasher6586 4 жыл бұрын
@@Dimitri88888888 The theranos lady. If you've ever thought of an ideal supervillain, she's it.
@TAEYYO
@TAEYYO 4 жыл бұрын
16:37 "But for your investors? Three out of every start-ups fail!" *So out of every start-ups, three fail? Doesn't sound too risky to me, lololol.*
@andionn5575
@andionn5575 3 жыл бұрын
Thank you for this video. This also explains why people build just some company, sell it and then build a new company even if those companies are not sustainable.
@helldeirch
@helldeirch 3 жыл бұрын
you may not like this system but without it, the whole startup scene would not exist
@mphom1496
@mphom1496 4 жыл бұрын
Ever been so early it says "seconds ago"
@jaketran
@jaketran 4 жыл бұрын
ayy
@quiahjohnson5871
@quiahjohnson5871 4 жыл бұрын
@Axel Granillo :|
@IanJBarker
@IanJBarker 3 жыл бұрын
FANTASTIC editing!
@matthew1385
@matthew1385 4 жыл бұрын
This video shows that the best from of satire is truth telling. Thanks Jake Tran.
@DanielTucker227
@DanielTucker227 4 жыл бұрын
I watched till the end , love your channel bro don’t stop
@raylopez99
@raylopez99 4 жыл бұрын
Adam Neumann is a visionary...btw the founder of the Swedish match company Ivar Kreuger was also a visionary, seriously, he loaned money to finance governments, created Asian style cross-holdings, and also created some technical innovations in the match making business (matchsticks not love).
@jleoni650
@jleoni650 3 жыл бұрын
These videos are so ridiculously good
@mildsoup8978
@mildsoup8978 4 жыл бұрын
That lady always sounds like she's holding in a hit.
@2storycory2
@2storycory2 4 жыл бұрын
She sounds like she’s holding in a guy.
@dennisfarmer1322
@dennisfarmer1322 4 жыл бұрын
She made her voice artificially deep in an attempt to sound dominant or something lmao
@richhozzy480
@richhozzy480 4 жыл бұрын
You deserve a mil + subs brosef love your stuff
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