Knives in a Gunfight

Best of the Week

OpenAI GPT Best Practices (Article | 20 mins)

Hallucinate a little less. A long and comprehensive guide to the tactics that will help you get the best results out of ChatGPT.

Pair with: Our conversation with Tim Urban on AI and content creation.

Scaling People: Tactics for Management and Company Building (Book | 480 Pages)

Stripe’s former COO explains how to get the most out of people in a fast-growing business. Learn about incentive structures, feedback loops, hiring strategies, and more.

Pair with: Our conversation with Stripe founder John Collison.

The Disrespected (Podcast | 73 mins)

Short seller Marc Cohodes has had a front-row seat to several prominent collapses and frauds in financial markets. Unsurprisingly, they all make for fascinating stories.

Pair with: Our conversation with legendary short seller and activist investor Jim Chanos.

 Invest Like the Best - Justin Mares

Guest: Justin Mares – Founder of TrueMed Payments

The broken food system in the US has left the health of its population in crisis. Hear how Justin is on a mission to build companies that fix the health crisis, why serial entrepreneurship is on the rise, and more.

Pair with: How I validated my idea for Kettle & Fire (Article | 5 mins)

Learn more about Justin’s approach to business in this blog pos, where he describes the way that he tested and validated the idea for his bone broth company, Kettle & Fire.

Invest Like the Best is brought to you by Tegus. Tegus is the modern research platform for leading investors. Tired of running your own expert calls to get up to speed on a company? Tegus is the gold standard for research, delivering unmatched access to timely, qualitative insights through the largest and most differentiated expert call transcript database. With over 60,000 transcripts spanning 22,000 public and private companies, investors can accelerate their fundamental research process by discovering highly-differentiated and reliable insights that can’t be found anywhere else in the market. As a listener, drive your next investment thesis forward with Tegus for free at tegus.co/patrick.

Business Breakdowns - Roku

Guest: Joe Frankenfield – Portfolio Manager at Saga Partners

Roku is the leading smart TV platform in the US. We examine how it has been able to fend off Google, Apple, and Amazon so far and why there may be analogies to the desktop and mobile adoption cycles.

Pair with: Roku: Anthony Wood (Podcast | 72 mins)

Hear the story behind Roku’s founding and early product development through the lens of its legendary CEO and founder.

Business Breakdowns is brought to you by Tegus. Tegus is the modern research platform for leading investors, and provider of Canalyst. Tired of calculating fully-diluted shares outstanding? Access every publicly-reported datapoint and industry-specific KPI through their database of over 4,000 driveable global models handbuilt by a team of sector-focused analysts, 35+ industry comp sheets, and Excel add-ins that let you use their industry-leading data in your own spreadsheets. Tegus’ models automatically update each quarter, including hard-to-calculate KPIs like stock-based compensation and organic growth rates, empowering investors to bypass the friction of sourcing, building and updating models. As a listener, you can trial Canalyst by Tegus for free by visiting tegus.co/patrick.

Breakdowns Research

Read our research on the history and competitive landscape of the mobile gaming industry. Prepared by Mohammad Ruhul Kader ahead of Jesse’s conversation with Joe.

Founders - Gaston Glock

Episode 308: Gaston Glock: The Unlikely King of Guns

How did a 50-year-old Austrian who had never made a gun become the leading pistol manufacturer in the world? Tune into a remarkable business story of inventiveness, embezzlement, and even an assassination attempt!

Founders is brought to you by Meter. Meter is the new way for businesses to get internet and WiFi for any commercial space. Meter handles everything, including dealing with internet service providers, installation, hardware, software, configuration, and ongoing management and maintenance. Founders and executives love Meter because it saves them money, while IT teams love Meter because it saves them time. Simply provide an address and Meter handles the rest for one monthly rate and no upfront costs. Internet and WiFi should be as easy to switch on as water or electricity. Meter makes that real. Learn more at meter.com/Founders.

Making Media - Louis Timpany

Guest: Louis Timpany – Founder of Fix Radio 

This week, we dive into the story behind UK's fastest-growing radio station and discover how focusing on a niche audience - in this case construction workers - and innovative marketing strategies have fuelled their success.

Pair with: Bob Pittman – Lessons from Building Media Empires (Colossus | 69 mins)

Bob Pittman's resume includes running MTV, AOL, Six Flags, and now iHeartMedia. Tune in to learn timeless lessons from one of the world's finest media operators.

Making Media is brought to you by Scribe. Scribe is the magic behind Colossus transcripts. One of the best decisions we made at Colossus was transcribing all of our audio into a searchable transcript library. We had been using another provider up until the summer of 2022 but we were constantly having issues with accuracy if our audio was just the slightest bit impaired. Whether it's training sessions, internal Q&As, or for media purposes, the value of transcripts is huge. And we are not alone. Scribe is the transcription service that powers all of S&P Global - like CapIQ - and the client list includes our friends at Tegus. Go to joincolossus.com/scribe to unlock 150 minutes of free transcription and test their capabilities.

Web3 Breakdowns - Dan Matuszewski

Guest: Dan Matuszewski – co-founder and partner at CMS Holdings

One of the crypto world’s top traders joins Eric for a review of the recent events in the ecosystem. An interesting discussion that covers the market’s response to the SEC case against Binance and Coinbase, how liquidity is changing, and what he’s keeping an eye on in the market right now.

Pair with: The SEC Comes for Crypto (Article | 28 mins)

When the SEC first filed its cases against Coinbase and Binance, everybody waited for Matt Levine's analysis before forming their opinion. Read all about the case from the incomparable Bloomberg columnist, delivered in his usual combination of wit and insight.

Web3 Breakdowns is sponsored by OKX. OKX has over 730 spot trading pairs, 280 derivatives markets, and 1000 options markets. It processes 400,000 requests per second with 99.95% uptime. That’s why over 20 million day traders and institutional traders choose OKX when they want to trade. Discover the world’s most powerful crypto exchange today at okx.com.

Thanks to John Rodriguez, Erick Mokaya, and Jefferson Rumanyika for their help and research this week.

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