5 Startups That Looked Dumb—Until They Were Worth Billions
Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio
The the headline here is They made the investment. So it's not like they passed. They made the investment and their best case scenario they wrote was four hundred million. as an exit value. Four hundred million, and now it's a hundred and forty billion. I feel like I can rule the world, I know I could be what I want to I put my lawn in it like a day song. On the road, less travel, never looking at it. Let me uh tell you about something that I've been thinking about, and I thought it was really cool, and our friend Sheel.
Just shares the best stuff. The most interesting man on X. I know actually. He he does uh a lot of amazing stuff, but he shared something but And so I gotta give him credit, but basically I saw this Jeff Bezos quote and I wanna know what you think about it. And he said something where he said, um I think it's generally human nature to overestimate risk and underestimate opportunity.
And then he went on to say, and so I think entrepreneurs in general would be well advised to try and biased against that. The risks are probably not as big as you perceive. The opportunities may be a lot bigger than you perceive. And so Uh, the interviewer was like, You seem really confident. And he goes, Well, you call it confidence, but maybe I'm just accepting that human bias and I'm trying to compensate against it. And I thought this was interesting. I've been thinking about this. I I I saw this like weeks and weeks ago. And every time I've been thinking, I'm like
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