Investing in Twitter | Kevin Rose - Part 1 | The Tim Ferriss Show (Podcast)

TL;DR

Early investment in Twitter based on unique model and celebrity appeal led to success.

Transcript

what are a few companies you've invested in or missed for that matter where you got the flutters in your stomach well I mean so Twitter for example um you know it was very early days when I invested in Twitter and um and and you were shortly therea we were both investors early on two weeks later I I managed to come in after a round of finance and c... Read More

Key Insights

• 🥺 Investing based on unique models and consumer appeal can lead to successful outcomes.
• 👤 Celebrity endorsements and content creation can drive user engagement and platform growth.
• 🍉 Defensibility through non-portable features can enhance a platform's long-term viability.
• 🦮 Trusting one's instincts and personal usage habits can guide successful investment decisions.
• 😄 Accessibility and ease of use for consumers are crucial factors in evaluating potential investments.
• 🆘 Seeking products or platforms that align with personal preferences can help identify promising investment opportunities.
• 🤩 Understanding key features that set a platform apart from competitors can signal potential success in investment.

Questions & Answers

Q: What caught the investor's attention when considering investing in Twitter?

The unique model of following instead of friending and the ease of celebrity content creation were key factors that caught the investor's attention.

Q: How did the investor assess the defensibility of Twitter as a platform?

The investor noted the non-portability of follower accounts, highlighting the platform's defensibility as a key factor in considering the investment.

Q: What criteria does the investor look for when identifying potential investments?

The investor looks for products or platforms that they would personally use daily and see value in, aiming for a prominent place on their phone's home screen.

Q: How does the investor approach angel investing?

The investor's approach to angel investing involves trusting their gut instincts and looking for unique insights that align with consumer preferences and personal usage habits.

Summary & Key Takeaways

• Early investment in Twitter based on Jack Dorsey's innovative model of following.

• Recognized potential with celebrities joining for easy content creation.

• Notable defensibility with non-portable follower accounts.