Best of Panic: Garry Tan of Initialized Capital on Crazy Cap Tables, Crypto, Finding Balance in a World of Endless Opportunities and Much More (EP.215)

I’m taking a few weeks off to go climb some mountains on my bike. In the meantime, I’ll be doing reruns of some of my Panic with Friends favorites, like this one with Garry Tan. This episode aired back in September of 21. If you missed it when it first came out, now is a good time to catch up. I think you’ll really enjoy it.  Garry is a unique individual I’ve only met a couple of times. He says he’s a fan of the show, so he knows how to sell. His resume is bananas – something we love on Panic with Friends; they may not be famous to everyone, but they’re famous to me! Garry is a Stanford Graduate, was at Y Combinator in the heyday, and was partners with Alexis Ohanian (founder of Reddit). If that weren’t enough, Garry was a seed investor in Coinbase. Oh, and Garry’s now part of my go-to list on the crypto space along with Fred Wilson and Chris Dixon.  Guest - Garry Tan, Co-Founder and Managing Partner at Initialized Capital  howardlindzon.com, initialized.com, youtube.com/garrytan  Twitter: @howardlindzon, @garrytan, @PanicwFriends, @knutjensen  youtube.com/garrytan  linkedin.com/in/garrytan  #fintech #invest #investment #venturecapital #stockmarket #finance  Show Notes: Introduction (00:56) Welcome Garry (04:28) Best place to start a company (04:53) Early life in the Bay area (07:01) First ‘business’ (08:00) Achieving the American Dream (09:07) Garry’s first startup (10:58) Balance in a world of endless opportunity (17:30) Launching Initialized (18:42) Panic about Y Cominator (19:58) Work on hard, valuable and fun stuff (20:45) VC at $1 trillion in a decade (24:42) Lean startup / Fat startup (27:35) Crypto ups and downs (28:36) Seed round investing (31:28) Software runs the world (33:58) Transitioning the non-digital natives (35:18) Obscure industries drive the economy (35:56) Building a media platform (39:52) How Garry stays up to date (42:52) Sky NIMBy’s (44:26) Closing thoughts (49:25) Wrapping up (54:18) 

Om Podcasten

Hello, I’m Howard. I’ve been a financial industry entrepreneur and investor for over 20 years. I am a General Partner at Social Leverage - we invest in seed stage software companies. I was a co-founder of Stocktwits and a seed investor in Robinhood and Etoro. On this podcast, you will hear interviews with great entrepreneurs, investors, venture capitalists, traders, and friends about their companies, their track records, and their new fave ideas and trends. This includes best ideas, worst investments, biggest failure, daily habits, and recommended reading. I know your time is precious, so I promise to keep it simple and on point.