1
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I was born in a refugee camp. 
I grew up in a what I could 

2
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consider the ghetto. 
I was the only Asian kid in 

3
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elementary school and I rolled 
with a lot of gang bangers. 

4
00:00:09,360 --> 00:00:11,320
This is like the age of 1011. 
Committing crimes. 

5
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It's kind of ridiculous to an 
American that depression is. 

6
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I don't understand what that is 
and its own head because 

7
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everyone else in the world, 
they're so busy dealing with war

8
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and famine and like where to 
eat. 

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Like you, you'll have time. 
We have the luxury of time to be

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00:00:25,320 --> 00:00:27,720
depressed. 
I have my opinions on things. 

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I'm willing to change my mind 
and be OK with it the update, 

12
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but I believe what I believe. 
We live what's in a post truth 

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world on such thing as truth 
anymore. 

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00:00:38,320 --> 00:00:41,600
Just admit that you know that I 
know that you know that you know

15
00:00:41,600 --> 00:00:44,640
we're selfish people, right? 
We'll be OK. 

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But if you pretend that that's 
not the way it is, I read it as 

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00:00:48,280 --> 00:00:52,400
the best place of like deep OCD 
information and we'll have OCD. 

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And then I tell, I was telling a
bunch of investors today, like 

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having business culture, our 
brands, It's actually not that 

20
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hard. 
A brand is if you jumped on 

21
00:01:01,440 --> 00:01:04,560
their social on TikTok or 
Instagram and you read the 

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comment section, does the people
treat them like customer service

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or they're fine? 
Who is the crazy genius behind 

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iconic companies like Dollar 
Shave Club and Liquid Death? 

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00:01:29,240 --> 00:01:32,440
In today's episode of Tiger 
Sisters, we talked to Peter Pham

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00:01:32,680 --> 00:01:36,480
who's the Co founder and partner
of Science Venture Studios. 

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00:01:36,800 --> 00:01:39,600
I'm Cherie. 
And I'm Jean, and we're the 

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00:01:39,600 --> 00:01:43,080
Tiger Sisters. 
Welcome to yet another episode 

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00:01:43,080 --> 00:01:46,240
of Season 3 of Tiger Sisters 
where we've been interviewing 

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00:01:46,240 --> 00:01:49,880
founders, CEO's and other 
business leaders and just 

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sharing and basking in all of 
their amazing. 

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Using learnings coming up, we 
have our interview with Peter 

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Pham and right after that, Gene 
and I go through our takeaways, 

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basically the learnings and we 
discuss them in a Business 

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00:02:01,720 --> 00:02:04,640
School case study method. 
All right, we'll head to the 

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00:02:04,640 --> 00:02:06,240
interview right after this 
break. 

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00:02:06,760 --> 00:02:09,639
Hey guys, quick break to let you
know that we now have merch on 

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00:02:09,639 --> 00:02:12,600
Sisters matcha.com. 
We have sweatshirts and T-shirts

39
00:02:12,600 --> 00:02:15,280
that we designed ourselves. 
Go check it out and please rate 

40
00:02:15,280 --> 00:02:18,160
US five stars on Spotify and 
Apple Podcasts. 

41
00:02:18,160 --> 00:02:20,840
These ratings are so important 
for the distribution and 

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00:02:20,840 --> 00:02:22,920
survival of Tiger Sisters 
Podcast. 

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00:02:23,120 --> 00:02:25,360
Thank you for your support. 
Peter, let's start with some 

44
00:02:25,400 --> 00:02:28,760
ASMR. 
So we're just going to open it. 

45
00:02:34,240 --> 00:02:36,840
I'm Peter Pham, I'm the Co 
founder and managing director of

46
00:02:36,840 --> 00:02:40,080
science venture studios. 
We're a venture firm out of LA 

47
00:02:40,080 --> 00:02:44,280
and incubator of sorts with we 
help create companies like 

48
00:02:44,280 --> 00:02:47,800
Liquid Death, which we just 
opened, a fresh can of Dollar 

49
00:02:47,800 --> 00:02:53,000
Shave Club, Dog Bay K, which 
Rover might like to say deal in 

50
00:02:53,000 --> 00:02:57,120
culture and invest in things 
that I think people will use. 

51
00:02:57,880 --> 00:03:00,160
That's so good. 
What podcast are you listening 

52
00:03:00,160 --> 00:03:03,920
to right now? 
So there's two I subscribe here 

53
00:03:03,920 --> 00:03:06,760
to try to listen to. 
It's all in pod cuz I think most

54
00:03:06,760 --> 00:03:09,520
people in tech deal on Fridays 
and also there are some of my 

55
00:03:09,520 --> 00:03:13,240
friends on there. 
Matt Wolf is an AI podcast. 

56
00:03:13,240 --> 00:03:18,240
He's does a really good kind of 
once or twice a week in his 

57
00:03:18,240 --> 00:03:20,360
weekly summer of like everything
going on in AI. 

58
00:03:21,240 --> 00:03:24,200
How long is that one? 
24 minutes on average, sometimes

59
00:03:24,200 --> 00:03:26,000
15. 
It's really really doable. 

60
00:03:26,160 --> 00:03:28,120
I listen things at one point 5X 
so. 

61
00:03:28,240 --> 00:03:32,560
Yeah, so 24 minutes are like, 
you know, .7 mile drive. 20 

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00:03:32,560 --> 00:03:36,160
minute VC is the other one. 
It's always nice to learn what 

63
00:03:36,160 --> 00:03:38,120
my peers are doing, what LP's 
are thinking. 

64
00:03:38,840 --> 00:03:41,560
Harry Stebbins is a friend and 
also just like good human. 

65
00:03:41,560 --> 00:03:44,760
But I think it's a fascinating 
insight of like, what we do is 

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00:03:44,880 --> 00:03:46,920
for a living. 
Good recommendations. 

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00:03:46,920 --> 00:03:50,760
OK, as a kid, were you a rule 
follower or a rule breaker? 

68
00:03:51,200 --> 00:03:54,720
I was so I was born in a refugee
camp. 

69
00:03:54,760 --> 00:03:58,840
I grew up in a what I consider 
the ghetto, a city called Santa 

70
00:03:58,840 --> 00:04:02,680
Fe Springs and then Norwalk in 
California 7 with less in a one 

71
00:04:02,680 --> 00:04:07,240
bedroom apartment. 
My report cards were like 

72
00:04:07,240 --> 00:04:09,840
default Spanish. 
So that's like I was the only 

73
00:04:09,840 --> 00:04:13,400
Asian kid in elementary school. 
I rolled with a lot of gang 

74
00:04:13,440 --> 00:04:17,040
bangers, so I did a lot of 
things that I should have been 

75
00:04:17,040 --> 00:04:18,800
done. 
So rule follower. 

76
00:04:20,200 --> 00:04:23,240
Yeah, a lot of bad things. 
I was young, very young, but 

77
00:04:23,240 --> 00:04:24,960
looped out. 
This is like the age of 1011, 

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00:04:24,960 --> 00:04:26,440
committing crimes. 
It's kind of ridiculous. 

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00:04:27,240 --> 00:04:29,200
Pre juvie. 
Yes, way before juvie. 

80
00:04:30,760 --> 00:04:33,000
OK, well what about now? 
Do you consider yourself rule 

81
00:04:33,000 --> 00:04:37,040
follower or rule breaker? 
Rule breaker I I I think rules 

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00:04:37,040 --> 00:04:39,200
are a construct like this, 
right? 

83
00:04:39,200 --> 00:04:44,840
And I think media and pop 
culture is kind of defined by 

84
00:04:44,920 --> 00:04:46,920
what everyone else tells you 
it's supposed to be. 

85
00:04:46,960 --> 00:04:54,040
And so I find myself just first 
principles more of like why and 

86
00:04:54,040 --> 00:04:56,160
asking, always asking the why 
and does it make sense? 

87
00:04:56,520 --> 00:04:59,240
So whatever the rules are, it's 
just like, well, if it makes 

88
00:04:59,240 --> 00:05:01,800
sense, sure. 
But if it doesn't make sense, I 

89
00:05:01,800 --> 00:05:04,280
don't mind challenging it. 
I like that. 

90
00:05:04,440 --> 00:05:08,680
OK, so let's get into how How 
old are you? 

91
00:05:09,520 --> 00:05:11,800
Asian, I don't raise them. 
How did they say? 

92
00:05:12,480 --> 00:05:15,760
I know you're you're you're my 
he's my boss boss. 

93
00:05:16,960 --> 00:05:19,440
OK, well suffice to say you're 
older than me so I can ask this 

94
00:05:19,440 --> 00:05:22,160
whole question of you. 
It's a very good chance I'm 

95
00:05:22,160 --> 00:05:23,560
older. 
Than you OK so. 

96
00:05:23,560 --> 00:05:27,000
I may act a lot younger though. 
Eternally youthful. 

97
00:05:27,000 --> 00:05:29,400
Yeah, I'm the. 
Same. 

98
00:05:30,160 --> 00:05:34,120
OK so then I'm 35 now, So what 
advice would you give your 35 

99
00:05:34,120 --> 00:05:38,000
year old self? 
So turns out I am Buddhist. 

100
00:05:38,400 --> 00:05:42,120
But, you know, growing up twice 
a year going to top line. 

101
00:05:42,120 --> 00:05:45,160
And I was just at a retreat this
last weekend, spent some time 

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00:05:45,160 --> 00:05:47,760
with some Mongolian Buddhist 
mosque. 

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00:05:48,000 --> 00:05:52,440
Amazing. 
And removing wanting in my life 

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00:05:52,440 --> 00:05:57,040
has been the biggest thing. 
So yeah, so I think about 

105
00:05:57,040 --> 00:06:00,280
wanting it means that you're 
probably not happy until you 

106
00:06:00,280 --> 00:06:01,560
think you get this thing. 
Yeah. 

107
00:06:01,560 --> 00:06:04,840
But like, be present, be 
grateful for like everything 

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00:06:04,840 --> 00:06:08,360
that's happening in the now and 
good things happen to you. 

109
00:06:09,040 --> 00:06:13,160
The other would be my super 
powers have a terrible memory, 

110
00:06:13,760 --> 00:06:15,360
right? 
Like just absolute terrible 

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00:06:15,360 --> 00:06:17,640
memory. 
Which means if something bad 

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00:06:17,640 --> 00:06:20,040
happens to me, I kind of know 
I'm going to forget it. 

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00:06:20,120 --> 00:06:22,480
Wait, I'm the same way. 
But you know that people say 

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00:06:22,480 --> 00:06:25,320
that that's a reaction to it's 
PTSD. 

115
00:06:25,320 --> 00:06:28,120
No, I. 
People say it's like your way of

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00:06:28,120 --> 00:06:30,240
like dealing with like childhood
traumas. 

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00:06:30,240 --> 00:06:32,840
Maybe it works for me. 
I mean, like it's something bad.

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00:06:32,840 --> 00:06:35,400
I think to myself, well, I'm not
going to remember this, so why 

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00:06:35,400 --> 00:06:38,440
wallow it, right? 
So know that your future self 

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00:06:38,440 --> 00:06:40,160
will always forget that thing 
that just happened. 

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00:06:40,160 --> 00:06:42,760
So why spend any time on it? 
Because the energy you put off, 

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00:06:43,040 --> 00:06:47,000
nobody wants to be around you 
when you're in like sad things, 

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00:06:47,000 --> 00:06:50,280
right? 
And so that and then the other 

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00:06:50,280 --> 00:06:54,680
thing is know your worth truly. 
I know it's always easy to say 

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00:06:54,680 --> 00:06:57,600
these things like, you know, do 
what you truly love, but you got

126
00:06:57,600 --> 00:07:00,200
to pay rent. 
You know what give up a little 

127
00:07:00,240 --> 00:07:01,960
for that. 
Maybe move in with your parents.

128
00:07:01,960 --> 00:07:05,480
Like, yeah, it turns out if you 
love what you do, no matter what

129
00:07:05,480 --> 00:07:08,720
it is, you will win because your
competitor. 

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00:07:08,920 --> 00:07:13,560
So for this supposed job, nine 
to five, they're done 5:00 

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Fridays, they're done. 
They don't think about it 24/7. 

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00:07:16,000 --> 00:07:19,880
And. 
And when you show the love for 

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00:07:19,880 --> 00:07:21,200
that thing, people want to help 
you. 

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00:07:21,400 --> 00:07:24,640
So there's a human thing about 
human nature where when you see 

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00:07:24,640 --> 00:07:26,600
somebody maybe on the street and
they're playing their harder on 

136
00:07:26,600 --> 00:07:27,800
panty, like you just want to 
give them one. 

137
00:07:27,800 --> 00:07:29,600
You meet somebody and they say 
they're an artist. 

138
00:07:29,600 --> 00:07:31,400
Like you just want to help that 
person. 

139
00:07:31,400 --> 00:07:34,640
Because if you think about it, 
most people don't follow their 

140
00:07:34,640 --> 00:07:37,200
dreams. 
So they see a little bit of you 

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00:07:37,320 --> 00:07:39,400
in their dream and they say, I 
want to help this person live 

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00:07:39,400 --> 00:07:40,800
vicariously. 
If I can help you achieve your 

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00:07:40,800 --> 00:07:44,560
dream, at least, you know, I, I 
was my past name to be a doctor.

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00:07:44,560 --> 00:07:47,680
I really wanted to be a 
whatever, if they see you, they 

145
00:07:47,680 --> 00:07:49,800
just want to help. 
And So what I found is like, you

146
00:07:49,800 --> 00:07:51,800
just love what you do. 
It doesn't feel like work 

147
00:07:51,800 --> 00:07:54,400
anymore. 
And then you kind of walk life 

148
00:07:54,400 --> 00:07:57,320
24 hours, seven days a week 
thinking about that thing. 

149
00:07:57,320 --> 00:07:59,680
So you don't necessarily need to
be the smartest person in that 

150
00:07:59,680 --> 00:08:01,000
subject or whatever it is that 
you do. 

151
00:08:01,240 --> 00:08:03,440
But if you love it, it 
inherently shows that people 

152
00:08:03,440 --> 00:08:06,000
want to help you out and you 
have the advantage of basically 

153
00:08:06,000 --> 00:08:07,840
thinking about it 24/7 and 
never. 

154
00:08:08,720 --> 00:08:10,920
And it doesn't feel like work. 
Love it. 

155
00:08:11,280 --> 00:08:14,480
Yeah. 
That is totally something that 

156
00:08:14,480 --> 00:08:16,080
I've noticed. 
Cherie and I were just talking 

157
00:08:16,080 --> 00:08:20,360
about this the other day that 
like I feel like now that I'm 

158
00:08:20,360 --> 00:08:22,400
actually putting out there what 
I'm really passionate about, 

159
00:08:22,400 --> 00:08:25,320
which is our start up sisters, 
like people are reaching out and

160
00:08:25,320 --> 00:08:26,760
like want to help and I you're 
genuine. 

161
00:08:27,240 --> 00:08:31,000
Yeah, because also like, 
inherently they're like, OK, I 

162
00:08:31,000 --> 00:08:33,919
know you're like legit, but then
you're not only legit, you're 

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00:08:33,919 --> 00:08:36,280
like really passionate about 
what you're working on. 

164
00:08:36,280 --> 00:08:37,919
And they get like, excitement 
from that. 

165
00:08:38,120 --> 00:08:41,159
They want to be a part of that. 
Too anybody wants to be. 

166
00:08:41,159 --> 00:08:43,960
It's look, it's human nature to 
support sports teams. 

167
00:08:43,960 --> 00:08:46,240
You think about why sports teams
like you're rooting for them 

168
00:08:46,240 --> 00:08:48,000
even if they lose, like you're 
just rooting for the winning 

169
00:08:48,000 --> 00:08:50,040
moment. 
And if you feel like you are 

170
00:08:50,040 --> 00:08:53,080
part of it, that's, you know, 
you don't get that in life. 

171
00:08:53,080 --> 00:08:55,760
You don't get to feel like 
you're winning every day. 

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00:08:55,760 --> 00:08:58,640
But if you're a part of a lot of
people who win, I help that 

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00:08:58,640 --> 00:09:00,840
person help that person. 
Like I'm winning every day 

174
00:09:00,840 --> 00:09:02,160
because that helps so many 
people. 

175
00:09:02,160 --> 00:09:04,520
So I just love helping people 
because like, I'm winning every 

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00:09:04,520 --> 00:09:05,720
day. 
Yeah, OK. 

177
00:09:05,760 --> 00:09:07,960
I actually I think that's your 
superpower. 

178
00:09:08,080 --> 00:09:09,600
You said your superpower is 
forgetting. 

179
00:09:10,160 --> 00:09:14,080
And so less superpower. 
What drives and motivates me is 

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00:09:14,160 --> 00:09:16,800
my happiness is driven by other 
people's. 

181
00:09:16,960 --> 00:09:20,320
So I'm I want other people to 
succeed. 

182
00:09:20,320 --> 00:09:22,640
I want them to be happy. 
I want them to do be the best 

183
00:09:22,800 --> 00:09:24,160
themselves. 
I want them to success. 

184
00:09:24,520 --> 00:09:27,880
And if, if they're a good 
person, I can help in any way be

185
00:09:27,880 --> 00:09:29,480
a part of that. 
Like that makes me happy. 

186
00:09:30,320 --> 00:09:34,320
That's it's, it's, I have 
whatever I have everything I 

187
00:09:34,320 --> 00:09:38,200
need, I'm very happy with. 
And so it's it's really about 

188
00:09:38,200 --> 00:09:39,840
helping people achieve the 
thing. 

189
00:09:39,840 --> 00:09:41,200
And that hurtness drives me 
happy. 

190
00:09:41,200 --> 00:09:43,760
So COVID was terrible for me not
being around people. 

191
00:09:44,960 --> 00:09:49,400
And it turns out my job, which 
is helping entrepreneurs become 

192
00:09:49,400 --> 00:09:51,480
the better version of themselves
or building the company that 

193
00:09:51,480 --> 00:09:54,480
they've always imaged, is like, 
perfect for me because yeah, my 

194
00:09:54,480 --> 00:09:58,440
motivation is them succeeding. 
I learned that well and so then 

195
00:09:58,440 --> 00:10:02,080
wait back to your original thing
you said your advice to 35 year 

196
00:10:02,080 --> 00:10:05,640
old you would be to let go of 
wanting. 

197
00:10:05,640 --> 00:10:07,280
Let go of wanting a little bit 
but. 

198
00:10:07,520 --> 00:10:10,720
But if you had done that when 
you were 35, would you still be 

199
00:10:10,720 --> 00:10:13,520
where you are today? 
Or do you think it was like the 

200
00:10:13,520 --> 00:10:16,120
wanting was like an apparent? 
Part of it is I have a terrible 

201
00:10:16,120 --> 00:10:19,280
memory, son, and part of it is 
you. 

202
00:10:19,440 --> 00:10:21,800
Plead the 5th. 
Well, I also believe that we are

203
00:10:21,800 --> 00:10:23,520
where we are where we're 
supposed to be. 

204
00:10:23,640 --> 00:10:25,240
We are always where we're 
supposed to be. 

205
00:10:25,240 --> 00:10:27,440
So there's no, I don't have 
regrets of things. 

206
00:10:27,720 --> 00:10:29,440
Rethink things. 
Yeah, I could have would have 

207
00:10:29,440 --> 00:10:30,680
shut up. 
But it's OK. 

208
00:10:30,680 --> 00:10:35,200
It all is amazing, right. 
One of these things about 

209
00:10:35,400 --> 00:10:37,360
spending time with these 
Buddhist monks, He's he's like, 

210
00:10:37,600 --> 00:10:39,600
yeah, I travel all over the 
world and I think to myself, 

211
00:10:40,280 --> 00:10:41,880
it's an American. 
They have depression. 

212
00:10:41,880 --> 00:10:43,400
It's like, I don't understand 
what that is. 

213
00:10:44,000 --> 00:10:46,080
And it's all in your head 
because everyone else in the 

214
00:10:46,080 --> 00:10:49,920
world, they're so busy dealing 
with war and famine and like 

215
00:10:49,920 --> 00:10:51,800
where to eat, like you, you 
don't have time. 

216
00:10:51,800 --> 00:10:53,600
We have the luxury of time to be
depressed. 

217
00:10:54,160 --> 00:10:57,640
So in the same vein for me, it's
like, it's amazing. 

218
00:10:58,240 --> 00:11:01,160
Like hell, look at us, we're in 
a five star hotel right now. 

219
00:11:01,160 --> 00:11:04,000
Are you kidding me? 
We are it's. 

220
00:11:04,360 --> 00:11:06,640
Amazing. 
So yeah, I was wondering. 

221
00:11:06,840 --> 00:11:11,000
I had nothing was like, it's a 
knowing and having empathy and I

222
00:11:11,000 --> 00:11:13,320
think travelling helps like to 
see poverty etcetera. 

223
00:11:13,320 --> 00:11:16,920
But also I grew from nothing, 
you know, typical American Dream

224
00:11:16,920 --> 00:11:19,120
type of stuff. 
Yeah, it's just. 

225
00:11:19,520 --> 00:11:21,920
Be grateful. 
OK, Well, then, Speaking of 

226
00:11:21,920 --> 00:11:24,640
travelling, OK, you have a 
travel recommendation. 

227
00:11:24,640 --> 00:11:28,080
What's your favorite city to 
travel to when you're taking a 

228
00:11:28,080 --> 00:11:32,920
break from work? 
I so I never, I rarely visit the

229
00:11:32,920 --> 00:11:34,760
same city twice. 
Oh, OK. 

230
00:11:35,080 --> 00:11:38,880
And my general travel is like 2 
days in a city and hop to the 

231
00:11:38,880 --> 00:11:42,760
next thing you know, I'm the and
if you watch national lampoons, 

232
00:11:43,000 --> 00:11:46,280
you know, they'll walk up to 
Mount Rushcard and say, alright,

233
00:11:46,640 --> 00:11:47,800
let's go. 
I'm that person. 

234
00:11:47,800 --> 00:11:50,800
I just if I see I'm done I'm I'm
out and I love an ADHD. 

235
00:11:50,800 --> 00:11:53,680
Cam. 
Massive ADHD so I just like 

236
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consuming a lot and so I don't 
think I have a favorite place. 

237
00:11:56,840 --> 00:11:58,800
Recently I went to Vietnam. 
I'm getting to me. 

238
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It's my first time I know, but 
also on my giant amongst my 

239
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people. 
Turns out average height I'm 

240
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511. 
The average height's like 5. 

241
00:12:07,640 --> 00:12:10,400
That was amazing food culture 
and then US. 

242
00:12:10,400 --> 00:12:13,880
I've been I love travelling 
through the Midwest national 

243
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parks. 
I was just in Nebraska last 

244
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weekend. 
Oh, I've never been It's 

245
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beautiful and also getting away 
from this the coastals. 

246
00:12:22,680 --> 00:12:27,320
So again, if I I invest in 
culture build, if you just pay 

247
00:12:27,320 --> 00:12:29,200
attention to what happened in 
LA, California, New York, like 

248
00:12:29,200 --> 00:12:31,440
you have no idea what's 
happening in the world. 

249
00:12:31,600 --> 00:12:37,760
So travelling to Kansas City or 
Oklahoma, Nebraska, Idaho, I, I 

250
00:12:37,840 --> 00:12:40,120
just, I really enjoy. 
Different places. 

251
00:12:40,160 --> 00:12:42,280
Well, does it help you then in 
your work? 

252
00:12:42,280 --> 00:12:43,880
Like you feel like you expand 
your world. 

253
00:12:44,320 --> 00:12:47,520
It's asking questions, it's 
being curious and and again, 

254
00:12:47,520 --> 00:12:51,360
having empathy. 
Like what's really driving their

255
00:12:51,360 --> 00:12:53,880
day-to-day? 
They have time to spend time on 

256
00:12:53,880 --> 00:12:55,560
this thing. 
Do they have money to spend time

257
00:12:55,560 --> 00:12:56,920
on this thing? 
Is it important to them? 

258
00:12:57,880 --> 00:13:00,880
Yeah, Yeah. 
I think you can also spend a lot

259
00:13:00,880 --> 00:13:03,560
of time on that on social media.
So my other recommendation is 

260
00:13:03,560 --> 00:13:07,760
outside of travels, your feed 
and my feed is different. 

261
00:13:08,080 --> 00:13:11,320
Reset your feeds. 
Oh, reset your TikTok and 

262
00:13:11,320 --> 00:13:13,360
Instagram feeds. 
Start over. 

263
00:13:13,560 --> 00:13:17,360
Search for things that you don't
normally search for, and the 

264
00:13:17,480 --> 00:13:21,200
algorithm will start feeding you
content that you've never seen, 

265
00:13:21,200 --> 00:13:24,040
and it really gives you a better
understanding of like everyone 

266
00:13:24,040 --> 00:13:26,600
else, yeah. 
So are you also chronically 

267
00:13:26,600 --> 00:13:29,200
online? 
Of course. 24 cent, Yeah, I 

268
00:13:29,520 --> 00:13:32,080
again, if I don't participate in
culture, I can invest in 

269
00:13:32,160 --> 00:13:33,400
culture. 
That's my cat thesis. 

270
00:13:34,160 --> 00:13:36,640
What's your your social media 
platform of choice? 

271
00:13:37,600 --> 00:13:38,720
Different things for different 
things. 

272
00:13:38,720 --> 00:13:44,800
So like I think X for real time 
information, Instagram for a 

273
00:13:44,840 --> 00:13:49,560
specific demographic for like 
music culture and then TikTok is

274
00:13:49,560 --> 00:13:52,640
kind of everything, right? 
So people think that TikTok is 

275
00:13:52,640 --> 00:13:54,680
just for a small demographic. 
It's different. 

276
00:13:54,680 --> 00:13:57,600
When you use TikTok, if you want
to be into home repair, you can 

277
00:13:57,600 --> 00:14:01,160
have hours upon hours of content
of like home repair, interior 

278
00:14:01,160 --> 00:14:06,000
design or making clothes or 
jewelry or girls dancing or 

279
00:14:06,200 --> 00:14:08,600
music, doesn't matter. 
And so I think it's about 

280
00:14:08,600 --> 00:14:11,920
spending time there reading 
commits. 

281
00:14:13,080 --> 00:14:14,160
And then? 
YouTube, of course. 

282
00:14:14,160 --> 00:14:16,320
YouTube is television, Tiktok is
television. 

283
00:14:16,320 --> 00:14:20,000
And then I as we're. 
Simpatico, we're in the same. 

284
00:14:20,000 --> 00:14:22,480
I feel like there's like a group
of people that are like, YouTube

285
00:14:22,480 --> 00:14:25,040
is television like, creators are
the new brands like and. 

286
00:14:25,040 --> 00:14:31,400
Then Reddit, Reddit is the best 
place of like deep OCD 

287
00:14:31,400 --> 00:14:35,960
information and I have OCD. 
And then I tell, I was telling a

288
00:14:35,960 --> 00:14:38,440
bunch of investors today, like 
how do you invest in culture? 

289
00:14:38,440 --> 00:14:40,040
Our brands? 
Like it's actually not that 

290
00:14:40,040 --> 00:14:42,360
hard. 
A brand is if you jumped on 

291
00:14:42,360 --> 00:14:45,520
their social on TikTok or 
Instagram and you read the 

292
00:14:45,520 --> 00:14:48,800
comments section, does the 
people treat them like customer 

293
00:14:48,800 --> 00:14:53,680
service or their friend? 
Oh, and the it's there and you 

294
00:14:53,680 --> 00:14:54,960
can read it. 
And I was like customer service 

295
00:14:54,960 --> 00:14:56,800
and they're just complaining 
about like whatever. 

296
00:14:56,800 --> 00:14:58,000
It's like Lily, it's customer 
service. 

297
00:14:58,000 --> 00:15:00,560
The only there's like a brand 
where they it's like your 

298
00:15:00,560 --> 00:15:02,360
friend. 
And then if someone digs them, 

299
00:15:02,560 --> 00:15:04,560
they defend you and they're 
like, Oh, no, you're wrong. 

300
00:15:04,560 --> 00:15:06,240
You don't That's the brand. 
What's a? 

301
00:15:06,280 --> 00:15:10,400
Good example look what. 
If you jump on Liquid Death on 

302
00:15:10,400 --> 00:15:13,760
our TikTok, Instagram and look 
at any comments, they treat us 

303
00:15:13,760 --> 00:15:15,800
like their friend, maybe talk to
us. 

304
00:15:15,800 --> 00:15:18,640
They, it's like they laugh with 
us, they pack jokes with us and 

305
00:15:19,000 --> 00:15:21,960
if someone comes in and kind of 
like makes wireless, they defend

306
00:15:21,960 --> 00:15:25,640
us right And then and that's. 
By design, you built that up 

307
00:15:25,800 --> 00:15:27,440
like it doesn't just happen 
American. 

308
00:15:27,440 --> 00:15:29,080
Airlines, it's like it's just 
customer service. 

309
00:15:29,080 --> 00:15:31,600
Yeah, so it's Give me 20. 5000 
it's just. 

310
00:15:31,760 --> 00:15:34,480
It's just a lot of complaining. 
It's just like, get back to me, 

311
00:15:34,480 --> 00:15:36,360
DM me. 
It's so customer support versus 

312
00:15:36,360 --> 00:15:39,960
like a friend is a way you would
as an investor look at is a a 

313
00:15:40,440 --> 00:15:44,400
durable brand because 
relationships last longer than 

314
00:15:44,400 --> 00:15:47,360
customer support. 
And so how do you, what's the 

315
00:15:47,360 --> 00:15:48,800
key to that? 
How do you build that up? 

316
00:15:49,200 --> 00:15:51,120
It's. 
Easy as it is, everything I get 

317
00:15:51,120 --> 00:15:52,920
the word on authenticity start 
around. 

318
00:15:52,920 --> 00:15:55,360
But I think fundamentally, yeah,
you, you. 

319
00:15:55,920 --> 00:15:59,640
I always say, you know, we 
Dollar Shave Club was one of the

320
00:15:59,640 --> 00:16:04,080
first brands we helped build. 
Consumers are smarter than you 

321
00:16:04,080 --> 00:16:06,960
think. 
They know they're being marketed

322
00:16:06,960 --> 00:16:09,800
too. 
So like so if you look at like 

323
00:16:10,280 --> 00:16:13,160
we treat the audience like 
they're in on it, like we don't,

324
00:16:13,400 --> 00:16:17,240
we know they know, we know that 
they know that the marketing and

325
00:16:17,240 --> 00:16:20,000
don't take, you know, don't take
that, but also pick a position 

326
00:16:20,440 --> 00:16:22,280
and own it and stand your 
ground. 

327
00:16:22,600 --> 00:16:24,200
Don't waver. 
Don't. 

328
00:16:24,320 --> 00:16:26,880
And just be OK with that because
at the end of the day, as we all

329
00:16:26,880 --> 00:16:30,280
know, someone's going to hit 
you. 

330
00:16:31,240 --> 00:16:34,240
And if you flinch on that 
reaction, like, you'll get 

331
00:16:34,240 --> 00:16:36,080
destroyed, Yeah. 
I mean, that's something we've 

332
00:16:36,080 --> 00:16:38,520
learned through you will posting
all the time, always. 

333
00:16:38,600 --> 00:16:43,680
There will be, I call it 2 to 4%
of the population just loves to 

334
00:16:43,680 --> 00:16:45,600
hate things well. 
What I say to Shreya is I'm 

335
00:16:45,600 --> 00:16:47,880
like, the haters actually love 
you the most, of course, because

336
00:16:47,880 --> 00:16:49,160
they follow you. 
They're obsessed. 

337
00:16:49,160 --> 00:16:51,080
With you and. 
They write the hater comment 

338
00:16:51,080 --> 00:16:54,320
because you're 99% more likely. 
You're 100 times more likely to 

339
00:16:54,320 --> 00:16:57,200
respond to the hate comment. 
And and you're fueling them by 

340
00:16:57,200 --> 00:16:59,800
reacting, right? 
They're they're instigators. 

341
00:17:00,040 --> 00:17:05,040
And so remember in high school, 
like you had, human nature 

342
00:17:05,040 --> 00:17:07,720
doesn't change. 
Like you remember in high 

343
00:17:07,720 --> 00:17:10,520
school, you had the instigators.
Yeah, those people are now 

344
00:17:10,520 --> 00:17:11,880
online. 
And they can just do it at 

345
00:17:11,880 --> 00:17:13,520
scale. 
They will always exist. 

346
00:17:13,520 --> 00:17:15,079
But if you ignore them, you 
ignore boys. 

347
00:17:15,079 --> 00:17:16,720
Eventually they're just boys 
somewhere else. 

348
00:17:17,359 --> 00:17:22,000
So, you know, life lessons, 
human nature doesn't change. 

349
00:17:22,800 --> 00:17:24,800
That's why I love culture. 
Like the humans. 

350
00:17:25,160 --> 00:17:27,680
We, we're like Maslow's 
hierarchy, like it's kind of 

351
00:17:28,000 --> 00:17:31,480
everyone's pretty much selfish 
virtue signaling's upping, 

352
00:17:31,880 --> 00:17:34,920
right? 
You just just know it and know 

353
00:17:34,920 --> 00:17:37,800
that if you just admit that, you
know that. 

354
00:17:37,800 --> 00:17:41,480
I know that you know that, yeah,
we're selfish people, right? 

355
00:17:42,120 --> 00:17:44,320
We'll be OK. 
But if you pretend that that's 

356
00:17:44,320 --> 00:17:48,240
not the way it is. 
I feel like you're kind of like 

357
00:17:48,320 --> 00:17:51,200
the culture personified. 
What do you think about that? 

358
00:17:51,960 --> 00:17:55,360
I you know, again, it goes back 
to not one thing is also in the 

359
00:17:55,360 --> 00:17:59,640
same sense of like I have my 
opinions on things. 

360
00:18:00,000 --> 00:18:05,400
I'm I'm willing to change my 
mind and be OK with it and 

361
00:18:05,400 --> 00:18:12,200
update, but I believe what I 
believe, right, and pop culture 

362
00:18:12,360 --> 00:18:15,880
is changed significantly, right?
I think we live what's in the 

363
00:18:16,560 --> 00:18:18,800
post truth world. 
There's no such thing as truth 

364
00:18:18,800 --> 00:18:20,680
anymore. 
Doesn't there is literally no 

365
00:18:20,680 --> 00:18:22,640
such thing as truth. 
Whatever you believe is what you

366
00:18:22,640 --> 00:18:24,120
believe. 
I can't change veggie otherwise.

367
00:18:24,480 --> 00:18:27,880
And there's multiple versions of
the truth and it's all about 

368
00:18:27,880 --> 00:18:32,920
perspective and and it's really 
fascinating about like how you 

369
00:18:32,920 --> 00:18:36,280
get information now. 
There's so many channels to get 

370
00:18:36,280 --> 00:18:37,600
the information that you 
actually wants. 

371
00:18:37,600 --> 00:18:39,760
And the way the reason I say pop
culture in a lot of ways is that

372
00:18:39,760 --> 00:18:42,040
the one I I actually don't think
there's ever going to be a 

373
00:18:42,400 --> 00:18:47,280
Madonna, Michael Jackson, Dre's 
like music anymore because your 

374
00:18:47,280 --> 00:18:51,200
algorithm and my algorithms 
different for me listing. 

375
00:18:51,560 --> 00:18:54,000
And so we do you guys anybody 
know what the number one song is

376
00:18:54,000 --> 00:18:55,520
this week? 
No, I. 

377
00:18:55,520 --> 00:18:59,600
Literally like 2 last night, No,
two days ago I played diet Pepsi

378
00:18:59,600 --> 00:19:03,000
for someone and you know the as 
in Ray song and he had never 

379
00:19:03,000 --> 00:19:04,840
heard it before. 
And then I was like and then I 

380
00:19:04,840 --> 00:19:06,840
played bed chem and he was like,
I've never heard this song. 

381
00:19:06,840 --> 00:19:09,840
I was like, huh, I was like who?
I was like, who are you? 

382
00:19:09,920 --> 00:19:11,240
Like, do we just have like 
different? 

383
00:19:11,520 --> 00:19:13,880
Algorithms 0. 
Overlapping there was. 2000 I 

384
00:19:13,880 --> 00:19:16,840
thought it was like 2000 songs. 
Last year I had a. 100. 

385
00:19:18,000 --> 00:19:20,280
It's algorithm and I don't think
it's funny. 

386
00:19:20,280 --> 00:19:22,800
Think about how many artists you
listen to today than you used 

387
00:19:22,800 --> 00:19:25,560
to. 
Yeah, I don't think back 1015 

388
00:19:25,560 --> 00:19:28,400
years ago you listen to like 
10-15 artists. 

389
00:19:28,400 --> 00:19:32,520
Now it's like 100 more and it's 
maybe one or two songs full 

390
00:19:32,520 --> 00:19:33,760
albums. 
Nobody really listens to all 

391
00:19:33,760 --> 00:19:35,320
albums anymore. 
There's a couple, right? 

392
00:19:35,320 --> 00:19:37,120
But again, if you look at The 
Who they are, it's the big 

393
00:19:37,120 --> 00:19:41,160
artists that were kind of pre 
breakout in Spotify. 

394
00:19:41,360 --> 00:19:45,160
So you know Taylor dropped nine 
albums before Spotify, right. 

395
00:19:45,160 --> 00:19:49,880
So like that's why but there 
won't be another text left and I

396
00:19:49,880 --> 00:19:50,680
just say. 
OK. 

397
00:19:50,680 --> 00:19:52,760
I think we have time for one 
more question. 

398
00:19:52,840 --> 00:19:54,480
OK. 
What are you most looking 

399
00:19:54,480 --> 00:19:57,000
forward to for conference or 
like what is the most valuable 

400
00:19:57,000 --> 00:19:59,720
part on this 2024? 
I've probably attended more 

401
00:19:59,720 --> 00:20:02,920
conferences than probably 
anybody in Silicon Valley. 

402
00:20:02,920 --> 00:20:05,320
And like what? 
Bold claim. 

403
00:20:05,440 --> 00:20:05,880
Trust. 
Me. 

404
00:20:05,880 --> 00:20:08,840
I'm talking like Mike Arrington 
Tech Crunch in his apartment 

405
00:20:08,840 --> 00:20:10,640
when he launched Tech. 
Crunch every. 

406
00:20:10,640 --> 00:20:15,320
Conference, Wall Street Journal,
All things the Fortune, like 

407
00:20:15,320 --> 00:20:18,880
literally, you know, Goldman 
Sachs Internet Conference. 

408
00:20:18,960 --> 00:20:22,520
And it's really interesting, 
like the timing of conference, 

409
00:20:22,520 --> 00:20:23,760
which started last year and this
year. 

410
00:20:24,720 --> 00:20:27,160
It's A next generation of 
conversations. 

411
00:20:27,160 --> 00:20:28,960
It's always, it's always been 
about the people. 

412
00:20:29,040 --> 00:20:31,160
It's always about like, you 
know, the late night 

413
00:20:31,160 --> 00:20:34,320
conversations, the conversations
at the bar, you know, we're in 

414
00:20:34,320 --> 00:20:36,080
this room till 1:00 in the 
morning. 

415
00:20:36,080 --> 00:20:37,520
It's like building these 
relationships. 

416
00:20:37,920 --> 00:20:40,680
And what's interesting in 
Dallas, it's a little bit away 

417
00:20:40,680 --> 00:20:44,200
from the noise. 
It's purposeful. 

418
00:20:44,200 --> 00:20:46,600
People feel out here, you're 
going to spend time with them. 

419
00:20:46,920 --> 00:20:50,480
Then I like the different 
perspectives of three Star 

420
00:20:50,480 --> 00:20:54,760
Admiral to, you know, head of 
Snapchats and speaking right now

421
00:20:55,240 --> 00:20:58,000
or head of Discord and AI 
Insight. 

422
00:20:58,000 --> 00:21:00,040
It's real, I think real 
conversations. 

423
00:21:00,480 --> 00:21:03,440
And so like anything over the 20
years I've been attending, 

424
00:21:03,720 --> 00:21:05,920
quote, tech conferences, it's 
about the people. 

425
00:21:05,920 --> 00:21:09,600
So being my second year, it's 
nice to like have that familiar 

426
00:21:09,600 --> 00:21:12,160
phrase of somebody met last 
year, maybe I spent 2 minutes 

427
00:21:12,160 --> 00:21:16,320
saying hi, but like, we talked 
maybe 1520 minutes this time. 

428
00:21:16,320 --> 00:21:19,040
And now I get to know them. 
And by next year, like it's 

429
00:21:19,040 --> 00:21:21,520
cool. 
And I think fundamentally this 

430
00:21:21,520 --> 00:21:24,080
goes back to being happy and 
wanting to help people. 

431
00:21:24,760 --> 00:21:27,440
The the, the key to all 
conferences, if you do 

432
00:21:27,440 --> 00:21:30,000
consistency and it's a great 
group, you fundamentally just 

433
00:21:30,000 --> 00:21:32,720
want to help them because you're
that means you're going to work 

434
00:21:32,720 --> 00:21:34,560
together, which means this 
doesn't feel like work anymore, 

435
00:21:34,560 --> 00:21:35,880
'cause I actually like hang out 
with you, yeah. 

436
00:21:36,360 --> 00:21:39,520
Yeah, like building things with 
your friends is the best feeling

437
00:21:39,520 --> 00:21:41,440
ever, is the best feeling ever. 
And I think. 

438
00:21:41,680 --> 00:21:45,480
What's great is like I met 
Emron, but when he first joined 

439
00:21:45,480 --> 00:21:49,720
Snapchat, so Evan Speedball 1716
when he came to town, that was 

440
00:21:49,720 --> 00:21:52,360
showed me an e-mail saying, hey,
show them around town and it's 

441
00:21:52,360 --> 00:21:55,560
like, well, all of it's just 
relationships 10 years in 15 

442
00:21:55,560 --> 00:21:57,640
years in. 
I mean, I would say downstairs 

443
00:21:57,640 --> 00:22:03,480
there's 20 people that I've 
known for 15 years, right, and 

444
00:22:03,480 --> 00:22:06,880
some and a lot of new people 
that that I'm like, oh, I could 

445
00:22:06,880 --> 00:22:11,160
totally see doing business with 
them or not, or just hanging out

446
00:22:11,160 --> 00:22:14,720
and learning, right. 
I'm learning about fastening of 

447
00:22:15,400 --> 00:22:19,920
business earlier today about 
he's the largest mid spot owner 

448
00:22:19,920 --> 00:22:21,400
in America. 
Oh wow. 

449
00:22:21,680 --> 00:22:24,520
Like I love learning about this.
Like to me, that's the other 

450
00:22:24,520 --> 00:22:26,360
thing I'm learning about these 
businesses. 

451
00:22:26,360 --> 00:22:30,080
It's like, OK, so now how how 
could I think about what's 

452
00:22:30,080 --> 00:22:32,080
happening in his industry? 
Maybe there's a company we can 

453
00:22:32,080 --> 00:22:34,280
build and invest in. 
I met a woman who runs all the 

454
00:22:34,760 --> 00:22:38,520
NIL athletes. 
Yeah, super. 

455
00:22:38,520 --> 00:22:41,280
I learned a ton. 
And it actually, I walked away. 

456
00:22:41,280 --> 00:22:43,360
Like, I think I can build a 
business around what's happening

457
00:22:43,360 --> 00:22:45,120
in the industry. 
So for me, it's learning things 

458
00:22:45,120 --> 00:22:49,200
that nobody else just talking 
about, but it's real big, huge 

459
00:22:49,200 --> 00:22:50,840
industries. 
Yeah, the Silicon Valley 

460
00:22:50,840 --> 00:22:52,960
generally kind of ignores. 
But I think with AI things 

461
00:22:52,960 --> 00:22:54,520
changing you could build 
businesses around. 

462
00:22:54,720 --> 00:22:56,480
I love it. 
That's perfect ending. 

463
00:22:56,800 --> 00:22:59,080
Wow. 
I think that was one of the most

464
00:22:59,080 --> 00:23:01,880
candid conversations. 
Super changing. 

465
00:23:01,920 --> 00:23:02,800
Yeah. 
Yeah. 

466
00:23:02,800 --> 00:23:05,240
He just. 
Peter really just put it all out

467
00:23:05,240 --> 00:23:08,920
there, which I love. 
It was like kind of spicy at 

468
00:23:08,920 --> 00:23:11,920
times. 
Really good advice. 

469
00:23:12,240 --> 00:23:14,040
I I really enjoy that 
conversation. 

470
00:23:14,040 --> 00:23:15,520
It's. 
Definitely spicy and we'll get 

471
00:23:15,520 --> 00:23:17,680
to the takeaways right after 
this. 

472
00:23:17,920 --> 00:23:19,600
Hey everyone. 
One quick break to share 

473
00:23:19,600 --> 00:23:21,720
something special. 
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474
00:23:22,000 --> 00:23:24,480
We've launched limited batches 
of ceremonial grade single 

475
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estate, single cultivar matcha 
straight from the family farm 

476
00:23:27,600 --> 00:23:30,080
Sheree worked on in Japan. 
It's pure, authentic, and 

477
00:23:30,080 --> 00:23:32,960
crafted with intention. 
Head to Sisters matcha.com to 

478
00:23:32,960 --> 00:23:36,080
grab yours before it sells out. 
Make matcha your daily ritual 

479
00:23:36,080 --> 00:23:38,800
for lasting energy and focus. 
And I. 

480
00:23:38,840 --> 00:23:42,360
Think I, I think it was also 
such a good conversation because

481
00:23:42,520 --> 00:23:44,520
he really made me feel 
comfortable. 

482
00:23:44,800 --> 00:23:47,920
So then I was able to more like 
be myself, and then it was just 

483
00:23:47,920 --> 00:23:50,960
like a very free flowing 
conversation, yeah. 

484
00:23:51,160 --> 00:23:54,640
And I also think it's really 
best when a lot of the 

485
00:23:54,960 --> 00:23:58,280
interviewees go into their 
personal backgrounds as, like, a

486
00:23:58,280 --> 00:24:00,240
way to set up the conversation 
because you can better 

487
00:24:00,240 --> 00:24:03,840
understand, like, the context, 
how they grew up, how they think

488
00:24:03,840 --> 00:24:06,080
and what informs that. 
So I thought it was really 

489
00:24:06,080 --> 00:24:10,400
powerful when Peter shared that,
like, he basically grew up with,

490
00:24:10,440 --> 00:24:13,480
like, very little means and like
a refugee. 

491
00:24:13,600 --> 00:24:15,600
Yeah. 
I wrote down what he said. 

492
00:24:15,600 --> 00:24:18,680
He literally said I was born in 
a refugee camp and grew up in 

493
00:24:18,680 --> 00:24:22,080
what I considered the ghetto. 
Seven of us in a one bedroom 

494
00:24:22,080 --> 00:24:24,640
apartment. 
He also said I rolled with a lot

495
00:24:24,640 --> 00:24:26,800
of gang bangers. 
I don't even remember. 

496
00:24:26,800 --> 00:24:28,480
I don't know if you caught that 
part, I did. 

497
00:24:28,480 --> 00:24:30,200
But I also didn't. 
I don't even really know what 

498
00:24:30,200 --> 00:24:34,920
that means to be honest. 
Like he was doing illegal, 

499
00:24:34,920 --> 00:24:38,520
nefarious things as a gang 
versus a gang. 

500
00:24:39,040 --> 00:24:41,480
Oh, it's just like a, it's just 
like a way to say like gang 

501
00:24:41,480 --> 00:24:43,880
members who are like doing bad 
things. 

502
00:24:44,080 --> 00:24:47,200
But he said at the ages of 
10:50, I was committing a lot of

503
00:24:47,200 --> 00:24:50,000
crimes. 
So he was a literal rule 

504
00:24:50,000 --> 00:24:50,880
breaker. 
He was a. 

505
00:24:50,880 --> 00:24:52,840
Rule breaker, Like were you a 
rule breaker as a child? 

506
00:24:52,840 --> 00:24:55,320
He's like, let me tell you, 
committing some crimes. 

507
00:24:58,280 --> 00:25:01,640
But I mean, I thought, I think 
it also goes to show, like, his 

508
00:25:01,640 --> 00:25:05,080
background, how he grew up and 
how it informs who he is now 

509
00:25:05,080 --> 00:25:06,880
and, like, how he sees the 
world. 

510
00:25:07,280 --> 00:25:09,080
Yeah. 
Exactly, like not to 

511
00:25:09,080 --> 00:25:12,640
psychoanalyze our new friend 
Peter Pham, but I do think that 

512
00:25:12,640 --> 00:25:16,400
knowing his background, it makes
so much sense why he is the way 

513
00:25:16,400 --> 00:25:18,760
he is today. 
And like one of the things that 

514
00:25:18,760 --> 00:25:21,000
really stood out to me is that 
OK? 

515
00:25:21,000 --> 00:25:25,560
One, he said his self-proclaimed
superpower, which I think is 

516
00:25:25,560 --> 00:25:27,080
just one of his many 
superpowers, is. 

517
00:25:27,080 --> 00:25:29,640
He said. 
I have a terrible memory, which 

518
00:25:29,680 --> 00:25:32,400
means that if something bad 
happens to me, I don't remember 

519
00:25:32,400 --> 00:25:36,520
it and I figure I'm not going to
remember it anyway and so I'm 

520
00:25:36,520 --> 00:25:39,040
just going to forget it, yeah. 
Memory of a goldfish. 

521
00:25:39,440 --> 00:25:42,120
It serves people well. 
I mean, it seems like there's a 

522
00:25:42,120 --> 00:25:45,400
bit of a trend in the 
conversations we've had in 

523
00:25:45,400 --> 00:25:47,840
Season 3 with our guests where 
like a lot of them are just like

524
00:25:47,840 --> 00:25:51,160
have a short, like they're like 
have a short memory or if you 

525
00:25:51,160 --> 00:25:54,320
don't have one already developed
one, just like forget easily. 

526
00:25:54,320 --> 00:25:58,040
So then you can move on and keep
iterating, yeah. 

527
00:25:58,440 --> 00:26:03,080
I think for Peter it also goes 
along with his kind of like Zen 

528
00:26:03,440 --> 00:26:07,360
personality, which maybe is 
derived from his Buddhist 

529
00:26:07,360 --> 00:26:10,000
background, which he also 
referenced. 

530
00:26:10,520 --> 00:26:12,000
I do. 
See Peter as being like one of 

531
00:26:12,000 --> 00:26:15,240
our more spiritual guests and 
like I hate using that word. 

532
00:26:15,240 --> 00:26:17,040
I feel like it's like used 
overused. 

533
00:26:17,280 --> 00:26:20,880
But like he talks about like 
meeting up with Buddhist monks 

534
00:26:21,160 --> 00:26:24,240
literally. 
And also like what's for me will

535
00:26:24,240 --> 00:26:28,560
find me like kind of that 
mentality of like life is for 

536
00:26:28,560 --> 00:26:32,400
living well. 
His advice for like who is it 

537
00:26:32,400 --> 00:26:34,160
that I interviewed him, right? 
Oh yeah. 

538
00:26:34,280 --> 00:26:37,920
His advice for his like 35 year 
old self or to other 35 year 

539
00:26:37,920 --> 00:26:40,800
olds was remove wanting in your 
for life. 

540
00:26:41,440 --> 00:26:45,000
Like if that's not like a Zen 
Buddhist saying I don't know 

541
00:26:45,040 --> 00:26:46,920
what is wait. 
And then I don't know if you 

542
00:26:46,920 --> 00:26:49,640
caught this. 
He literally said I have 

543
00:26:49,640 --> 00:26:52,600
everything I I know. 
I saw, I heard you remember 

544
00:26:52,640 --> 00:26:53,760
that. 
I was like, bro, that's 

545
00:26:53,760 --> 00:26:55,400
literally the mantra of our 
matcha. 

546
00:26:55,440 --> 00:26:58,680
That's literally. 
The sisters matcha mantra yeah 

547
00:26:58,680 --> 00:27:02,480
printed on top of our can and 
the meaning like the idea behind

548
00:27:02,480 --> 00:27:05,920
that is that you say that mantra
to yourself every single day 

549
00:27:05,960 --> 00:27:08,840
while you're. 
Making the matcha, Yeah, yeah, I

550
00:27:08,840 --> 00:27:11,280
mean, it is. 
I mean, ours was not derived 

551
00:27:11,280 --> 00:27:14,280
from like a Buddhist saying, but
I do understand like where he's 

552
00:27:14,280 --> 00:27:16,200
coming from, where he's just 
like, it's also not. 

553
00:27:16,200 --> 00:27:17,880
Derived from Peter Pham. 
It's not derived. 

554
00:27:18,000 --> 00:27:19,920
From and he was not a plant. 
We didn't ask him to see. 

555
00:27:19,920 --> 00:27:26,360
No, no, but like not happiness 
is not wanting anything or 

556
00:27:26,360 --> 00:27:29,480
expecting anything. 
I think that's damn, that's 

557
00:27:29,480 --> 00:27:33,360
powerful. 
Well, that's like really evolved

558
00:27:35,360 --> 00:27:36,280
but. 
It goes. 

559
00:27:36,280 --> 00:27:39,640
It also reminds me of VU trans 
episode where he's just like 

560
00:27:39,640 --> 00:27:43,640
when you come from nothing. 
VU trans episode which is will 

561
00:27:43,640 --> 00:27:46,120
be up here hopefully if I can 
figure out how to edit that in. 

562
00:27:47,560 --> 00:27:51,440
If you come from nothing like 
you also want for nothing in a 

563
00:27:51,440 --> 00:27:52,720
way. 
He didn't exactly say that, but 

564
00:27:52,720 --> 00:27:54,520
that was my interpretation. 
He was like. 

565
00:27:54,520 --> 00:27:56,720
If you come from nothing, then 
you're unafraid. 

566
00:27:56,720 --> 00:27:58,600
You're unafraid. 
But then you also like Want for 

567
00:27:58,600 --> 00:28:02,360
Nothing too, where it's just 
like it can't get that bad, you 

568
00:28:02,360 --> 00:28:03,880
know? 
Like you've already seen how bad

569
00:28:03,880 --> 00:28:04,720
it can be. 
Yeah. 

570
00:28:04,720 --> 00:28:07,560
Like you could take bigger risks
because he's like, I knew what 

571
00:28:07,560 --> 00:28:10,160
it was like to be at zero and 
nothing. 

572
00:28:10,160 --> 00:28:13,160
So I'm not afraid of that. 
That also goes into like one of 

573
00:28:13,160 --> 00:28:16,680
my takeaways is that like Peter 
in this episode, he's like, if 

574
00:28:16,680 --> 00:28:20,320
you love what you do and you can
do that every day, it's OK to 

575
00:28:20,320 --> 00:28:22,680
give up a little. 
Like, and what he meant by that 

576
00:28:22,680 --> 00:28:25,720
is that like you, he literally 
said you can move back in with 

577
00:28:25,720 --> 00:28:28,080
your family, obviously, if you 
have that privilege to do so. 

578
00:28:28,080 --> 00:28:31,920
But like some people, especially
like some of my peers and 

579
00:28:31,920 --> 00:28:35,560
friends, like when I talk to 
them and they like want to take 

580
00:28:35,560 --> 00:28:39,240
risks and like do what they love
and like leave their corporate 

581
00:28:39,240 --> 00:28:41,520
9:00 to 5:00. 
But they're like so afraid. 

582
00:28:41,520 --> 00:28:44,200
But like, I don't think they've 
actually gone through the 

583
00:28:45,920 --> 00:28:48,040
analysis of, like, what's the 
worst that can happen? 

584
00:28:48,040 --> 00:28:51,160
Like, you can move in with your 
family to, like, save money, but

585
00:28:51,160 --> 00:28:53,720
like, people won't even go there
because they won't even consider

586
00:28:53,720 --> 00:28:55,960
that. 
So then they don't make the move

587
00:28:55,960 --> 00:28:57,720
to, like, leave their corporate 
9 to 5. 

588
00:28:57,880 --> 00:28:59,320
Does that make sense? 
Yeah, Yeah. 

589
00:28:59,360 --> 00:29:02,480
Like he was one of the things he
said he was like, if you really 

590
00:29:02,480 --> 00:29:04,640
want to do something, you should
give up. 

591
00:29:04,920 --> 00:29:07,640
You should feel capable giving 
up certain things in order to 

592
00:29:07,640 --> 00:29:09,960
achieve your goals. 
That's. 

593
00:29:09,960 --> 00:29:12,840
Also, that means like living 
within your means below your 

594
00:29:12,840 --> 00:29:15,760
means. 
It like requires sacrifice. 

595
00:29:16,720 --> 00:29:23,120
Yeah, I, I, I do think that like
more clearly and more directly 

596
00:29:23,120 --> 00:29:26,040
than most of the other 
interviewers, it was very clear 

597
00:29:26,040 --> 00:29:29,080
that he lives by his 
philosophies. 

598
00:29:29,520 --> 00:29:33,240
Like everything that he said to 
us that was like either advice 

599
00:29:33,240 --> 00:29:40,320
or like sort of his mantras, I 
was like, oh, I see very clearly

600
00:29:40,320 --> 00:29:41,880
that you're like living this 
yourself. 

601
00:29:41,880 --> 00:29:44,280
You're not just like giving us 
advice that you're not doing 

602
00:29:44,280 --> 00:29:47,560
every single day. 
Like, for example, he was like, 

603
00:29:48,160 --> 00:29:52,320
my happiness is derived from 
making other people happy and 

604
00:29:52,320 --> 00:29:56,040
like, empowering other people to
be their best and to like build 

605
00:29:56,040 --> 00:29:59,040
and contribute to the world. 
He was like, that's why I, 

606
00:29:59,040 --> 00:29:59,920
that's what he does. 
Yeah. 

607
00:29:59,920 --> 00:30:02,520
That's why I'm a like, that's 
why I'm a venture capitalist. 

608
00:30:02,520 --> 00:30:05,440
That's why I started this 
incubator to help people build 

609
00:30:05,440 --> 00:30:06,840
their companies. 
Totally. 

610
00:30:07,560 --> 00:30:10,880
And I'm sure that, like, you 
know, he had to give up certain 

611
00:30:10,880 --> 00:30:13,000
things to get to where he is 
today. 

612
00:30:14,160 --> 00:30:16,880
Something that Peter said that 
really stuck with me is that you

613
00:30:16,880 --> 00:30:20,560
don't have to be the smartest at
what you do, but you just have 

614
00:30:20,560 --> 00:30:25,800
to be like the hardest working. 
I don't know quite remember the 

615
00:30:25,800 --> 00:30:28,680
phrasing, but it was related to 
like the previous point where 

616
00:30:28,680 --> 00:30:31,440
he's like, if you love what you 
do, you're going to be thinking 

617
00:30:31,440 --> 00:30:35,520
about it 24/7. 
And that's even more powerful 

618
00:30:35,680 --> 00:30:38,600
than like, you know, thinking 
about it from 9:00 to 5:00. 

619
00:30:38,880 --> 00:30:40,720
So like, you don't have to be 
the smartest, but like you will 

620
00:30:40,720 --> 00:30:43,040
be the hardest working just by 
putting more hours. 

621
00:30:43,040 --> 00:30:45,560
Exactly. 
So it wasn't necessarily like be

622
00:30:45,560 --> 00:30:48,080
the hardest working. 
It was be the one that like 

623
00:30:48,080 --> 00:30:51,240
cares about this the most. 
Choose to do something that you 

624
00:30:51,240 --> 00:30:54,560
love and then the result of that
is that you will, you'll 

625
00:30:54,560 --> 00:30:58,280
naturally spend more time on 
that topic even when you're not 

626
00:30:58,280 --> 00:31:00,400
technically working. 
Like you're going to be thinking

627
00:31:00,400 --> 00:31:02,880
about it all the time because 
it's the thing that you care 

628
00:31:02,880 --> 00:31:05,760
about the most. 
So like it's like the natural 

629
00:31:05,920 --> 00:31:09,640
2nd 3rd order effects of it is 
that you will be better than 

630
00:31:09,640 --> 00:31:12,080
people who are treating it just 
as a regular. 

631
00:31:12,080 --> 00:31:14,320
Job. 
Yeah, if you treat it as like a 

632
00:31:14,320 --> 00:31:16,880
passion of yours. 
I mean, I do think that's like, 

633
00:31:17,520 --> 00:31:19,080
if you love something, you will 
work. 

634
00:31:19,080 --> 00:31:22,120
My interpretation is like you 
will work harder at it than 

635
00:31:22,120 --> 00:31:24,960
anyone else. 
And what if you love? 

636
00:31:24,960 --> 00:31:27,360
Money. 
What do you mean? 

637
00:31:27,840 --> 00:31:29,960
Like what if you love money 
like. 

638
00:31:29,960 --> 00:31:33,360
Making money, yeah. 
Then you will be working at it 

639
00:31:33,560 --> 00:31:35,960
and thinking about it. 
I think that's actually, that 

640
00:31:35,960 --> 00:31:37,680
can be a lot of people's 
motivations. 

641
00:31:37,680 --> 00:31:40,880
And I don't think that's 
technically like a wrong thing. 

642
00:31:40,960 --> 00:31:43,720
Yeah. 
I mean, depends on where it 

643
00:31:43,800 --> 00:31:45,520
comes from. 
And perhaps seek therapy. 

644
00:31:45,680 --> 00:31:48,720
But like, like, if you love 
money and that's your main 

645
00:31:48,720 --> 00:31:51,560
motivator for whatever reason, 
like, you will figure out ways 

646
00:31:51,560 --> 00:31:54,280
to make money and you'll be 
thinking about it 24/7. 

647
00:31:54,640 --> 00:31:56,680
Yeah. 
It actually, I don't know why it

648
00:31:56,680 --> 00:32:01,240
randomly reminds me of this, but
like 1 anecdote I remember 

649
00:32:01,240 --> 00:32:05,520
reading at some point is that 
from a very young age, Kim 

650
00:32:05,520 --> 00:32:08,840
Kardashian had always said I 
want to be famous. 

651
00:32:09,320 --> 00:32:10,680
She's like, I'm going to be 
famous. 

652
00:32:10,680 --> 00:32:13,240
Like, I think they're like 
video, like home video clips of 

653
00:32:13,240 --> 00:32:17,320
her saying that when she was 
like 16 or 1517 years old and 

654
00:32:17,320 --> 00:32:20,080
like, that was her driving 
motivator. 

655
00:32:20,520 --> 00:32:23,400
And now, like, she is the 
embodiment of fame. 

656
00:32:23,600 --> 00:32:27,160
She's like infamous for being 
famous, right? 

657
00:32:27,480 --> 00:32:31,840
So it's kind of interesting. 
Like, that was her North Star, 

658
00:32:32,240 --> 00:32:33,840
right? 
So that was what she did 

659
00:32:33,880 --> 00:32:37,080
everything in her life to like 
achieve that. 

660
00:32:37,720 --> 00:32:40,360
And now she's like the best at 
being famous. 

661
00:32:40,360 --> 00:32:44,000
That's true. 
That's, that's interesting. 

662
00:32:44,040 --> 00:32:45,920
Yeah. 
She, like you have define your 

663
00:32:45,920 --> 00:32:49,480
North Star, and if you can think
about it 24/7 because you like 

664
00:32:49,480 --> 00:32:53,040
thinking about it and enjoy it 
it, you're all the more 

665
00:32:53,040 --> 00:32:55,480
powerful, Yeah. 
It's kind of interesting if you 

666
00:32:55,480 --> 00:32:58,720
like then try to like analyze 
all the things that she's been 

667
00:32:58,720 --> 00:33:04,080
doing, like with that North Star
in mind, like her, you know, 

668
00:33:04,080 --> 00:33:08,560
getting involved in politics, 
like starting that PE slash 

669
00:33:08,560 --> 00:33:10,640
investment fund. 
Like I feel like those are all 

670
00:33:10,640 --> 00:33:14,480
things that would help her 
become more famous. 

671
00:33:14,640 --> 00:33:18,120
Yeah, interesting. 
And also like increase her total

672
00:33:18,120 --> 00:33:23,240
addressable market of like where
her name and her her brand is 

673
00:33:23,240 --> 00:33:25,960
like considered in the room. 
Yeah. 

674
00:33:26,520 --> 00:33:28,960
That woman should not be 
underestimated by anyone. 

675
00:33:29,800 --> 00:33:33,640
I'm so impressed by her. 
Yeah, I'm truly, I'm truly 

676
00:33:33,640 --> 00:33:35,320
impressed by her. 
I wonder if. 

677
00:33:35,320 --> 00:33:37,280
Peter Pham would be impressed by
her I. 

678
00:33:37,600 --> 00:33:38,040
Think so? 
I won't. 

679
00:33:38,040 --> 00:33:40,560
Speak for him, but. 
I mean, I think so because 

680
00:33:40,560 --> 00:33:46,680
Peter, I feel like his his like 
brand is that he is the. 

681
00:33:46,680 --> 00:33:49,040
Culture Yeah, you actually said 
that at one point. 

682
00:33:49,040 --> 00:33:51,680
You're like, you are the culture
and the way that I heard it was 

683
00:33:51,680 --> 00:33:55,840
like capital T, capital C and 
the culture and I odd culture 

684
00:33:55,840 --> 00:33:58,360
personified is maybe what I said
or that's what I think right 

685
00:33:58,360 --> 00:34:00,040
now. 
No, that's what he is because 

686
00:34:00,040 --> 00:34:03,600
like he mentions he's like, 
yeah, this is what Reddit is 

687
00:34:03,600 --> 00:34:06,200
for. 
Twitter slash X TikTok, YouTube,

688
00:34:06,320 --> 00:34:09,480
He like mentions all those 
social media platforms and how 

689
00:34:09,480 --> 00:34:12,760
they're used. 
And I'm really impressed that he

690
00:34:12,760 --> 00:34:14,560
just like gets it. 
He's so fluent. 

691
00:34:14,560 --> 00:34:17,159
He's. 
So culturally fluent, yes, he. 

692
00:34:17,159 --> 00:34:21,000
Really understands. 
Which is kind of funny 'cause I 

693
00:34:21,000 --> 00:34:24,800
don't think people talk about 
being culturally fluent and like

694
00:34:24,800 --> 00:34:29,000
being able to speak the language
of all different generations, 

695
00:34:29,520 --> 00:34:32,120
'cause he's probably what, in 
his 40s? 

696
00:34:32,120 --> 00:34:34,320
He didn't say. 
I know he wouldn't say his age. 

697
00:34:34,360 --> 00:34:36,679
You asked him how old he. 
Was and his response was Asian. 

698
00:34:36,679 --> 00:34:38,080
Don't raise it. 
I'm like. 

699
00:34:38,120 --> 00:34:39,760
That's true. 
That's true. 

700
00:34:39,760 --> 00:34:46,080
So you're 60 what you're I feel 
like unknown, but like I feel 

701
00:34:46,080 --> 00:34:50,120
like he's the type of person 
that could speak to a 10 year 

702
00:34:50,120 --> 00:34:54,480
old just as easily he could as 
he could speak with like a 70 

703
00:34:54,480 --> 00:34:58,640
year old skimmed a. 
Toiletries alpha Beta. 

704
00:34:59,520 --> 00:35:03,920
I don't know Medicare, sorry. 
Yeah. 

705
00:35:03,920 --> 00:35:05,080
I I. 
See that as well. 

706
00:35:05,080 --> 00:35:08,760
Like he's able to transcend 
generations. 

707
00:35:09,240 --> 00:35:13,520
And I think that's really cool 
because I hope to be like that. 

708
00:35:13,520 --> 00:35:18,400
I aspire to be like that. 
But I wonder how it is. 

709
00:35:18,400 --> 00:35:21,440
It can be advantageous in the 
professional world. 

710
00:35:21,480 --> 00:35:23,800
And I'm sure that it is, but I 
kind of want to like analyze 

711
00:35:23,800 --> 00:35:28,160
this a little bit more and like,
is it viewed as advantageous 

712
00:35:29,440 --> 00:35:32,640
like broadly in the professional
world or is it looked down upon 

713
00:35:32,640 --> 00:35:34,680
in some ways well? 
Do you know? 

714
00:35:34,680 --> 00:35:37,640
What I mean, Yeah, it. 
Depends on what you do. 

715
00:35:37,640 --> 00:35:40,160
I think for him, he's a startup 
incubator. 

716
00:35:40,160 --> 00:35:42,520
He's a, you know, venture 
investor. 

717
00:35:42,520 --> 00:35:46,280
He incubated liquid Death. 
Like, Liquid Death is the 

718
00:35:46,280 --> 00:35:51,200
culture they, like, created this
culture around hardcore water. 

719
00:35:51,240 --> 00:35:53,360
Yeah. 
Like that did not exist. 

720
00:35:53,360 --> 00:35:58,240
Like, imagine saying to yourself
10 years ago, yeah, my favorite 

721
00:35:58,400 --> 00:36:03,200
drink brand is this really 
hardcore water, canned water. 

722
00:36:03,200 --> 00:36:04,520
Also imagine. 
Sounds ridiculous. 

723
00:36:04,520 --> 00:36:06,360
Imagine explaining that to a 70 
year old. 

724
00:36:06,920 --> 00:36:08,600
Yeah, that's. 
Interesting. 

725
00:36:08,600 --> 00:36:11,360
Yeah, it's giving. 
Like why are you paying more 

726
00:36:11,360 --> 00:36:13,080
money for jeans with holes in 
them? 

727
00:36:14,560 --> 00:36:18,760
Wait, OK, I have to say this. 
So one of the infamous classes 

728
00:36:18,760 --> 00:36:25,680
at HBS is a like marketing class
that's taught by this really 

729
00:36:25,880 --> 00:36:29,560
famous marketing professor and 
guru named Yung NI MU Love. 

730
00:36:29,560 --> 00:36:31,800
Her OH. 
Yeah, I sat in her. 

731
00:36:31,800 --> 00:36:36,480
Class and she has her podcast. 
Well, the it's not her podcast, 

732
00:36:36,480 --> 00:36:39,400
but she's a podcast host. 
So you do know she Cherie came 

733
00:36:39,400 --> 00:36:44,160
with me to class one one day, 
but one of the exercises that 

734
00:36:44,160 --> 00:36:47,680
she made us or one of the 
assignments that she made us do 

735
00:36:47,960 --> 00:36:52,840
as students in her class was to 
create a branded water. 

736
00:36:53,400 --> 00:36:56,880
So like, everyone had to come in
with their own idea of like, if 

737
00:36:56,880 --> 00:36:59,760
you were to create a water brand
today, what would it be? 

738
00:37:00,320 --> 00:37:02,280
And like, why? 
Because like, water is 

739
00:37:02,280 --> 00:37:04,840
technically like, a commodity, 
right? 

740
00:37:05,040 --> 00:37:07,920
Right. 
Like, So what differentiates 1 

741
00:37:07,920 --> 00:37:10,920
brand of water from another? 
Now I'm trying to think, was 

742
00:37:10,920 --> 00:37:14,360
this before or after Liquid 
Death was created? 

743
00:37:15,240 --> 00:37:17,880
It was definitely before it 
became super popular. 

744
00:37:17,880 --> 00:37:20,480
Yeah. 
But it's so interesting how 

745
00:37:20,480 --> 00:37:23,800
there's like room in the market 
for like 30 plus. 

746
00:37:23,800 --> 00:37:27,360
I mean, I'm sure there's many 
more like types of water, but 

747
00:37:27,360 --> 00:37:30,960
it's like water. 
Yeah, back to your question, 

748
00:37:30,960 --> 00:37:35,960
Yeah, like Peter and like people
like him who really deeply 

749
00:37:35,960 --> 00:37:39,840
understand people and culture 
and their wants and their 

750
00:37:39,840 --> 00:37:43,680
beliefs, Like that's how you 
create something, like out of 

751
00:37:43,680 --> 00:37:45,000
nothing. 
Yeah. 

752
00:37:45,080 --> 00:37:47,360
That's how you, like, redefine 
something. 

753
00:37:47,360 --> 00:37:49,080
Yeah. 
For a. 

754
00:37:49,080 --> 00:37:51,880
New generation, how you redefine
culture, too? 

755
00:37:51,880 --> 00:37:55,040
How you shape culture? 
I really like that. 

756
00:37:55,040 --> 00:37:57,840
He said he's just like, yeah, I 
invest in culture. 

757
00:37:58,120 --> 00:38:00,280
Of course I have to, like, be a 
part of the culture. 

758
00:38:00,440 --> 00:38:04,520
And he also said he's just like,
when you look at Liquid Death 

759
00:38:04,840 --> 00:38:09,200
and you look into their comments
section, do people treat the 

760
00:38:09,200 --> 00:38:12,560
company like customer service or
like a friend? 

761
00:38:12,880 --> 00:38:15,480
And I was like, wow. 
I was just like, I know that 

762
00:38:15,480 --> 00:38:17,440
there's things going on in that 
comment section. 

763
00:38:17,440 --> 00:38:20,400
How do you know that comment 
section is like what makes the 

764
00:38:20,400 --> 00:38:22,680
he lives? 
In the comments, the content, 

765
00:38:22,800 --> 00:38:24,440
yeah. 
I thought that was really 

766
00:38:24,440 --> 00:38:25,880
impressive. 
I was just like, I know that, 

767
00:38:25,880 --> 00:38:27,680
Like, how do you know that? 
You know what I mean? 

768
00:38:27,680 --> 00:38:31,080
Yeah, the comment section, is it
the kind of unspoken or maybe 

769
00:38:31,080 --> 00:38:33,840
now people are talking about it,
but like it's kind of unspoken, 

770
00:38:33,840 --> 00:38:37,240
like everyone like run runs to 
the comment section I. 

771
00:38:37,240 --> 00:38:40,920
Haven't heard people speak about
it in a more like professional 

772
00:38:40,920 --> 00:38:45,120
like marketing, like branding 
moment. 

773
00:38:45,320 --> 00:38:47,520
Yeah, like in a, in that sort 
of. 

774
00:38:47,760 --> 00:38:52,080
Academic way, yeah. 
In maybe like two years or even 

775
00:38:52,080 --> 00:38:55,440
less, there's going to be like a
playbook that comes out that's 

776
00:38:55,440 --> 00:38:59,400
like how to optimize your 
marketing, like comment LED 

777
00:38:59,400 --> 00:39:02,400
marketing, right? 
It's going to be something like 

778
00:39:02,400 --> 00:39:04,240
that. 
Yes and you know what like 

779
00:39:04,240 --> 00:39:07,440
Duolingo is like the famous, 
famous case study, at least in 

780
00:39:07,440 --> 00:39:09,840
like the the content that I 
consume and like the circles 

781
00:39:09,840 --> 00:39:13,920
that I run in everyone like goes
to Duolingo and they're like the

782
00:39:13,920 --> 00:39:16,840
person who did it, who's the 
social media marketing manager, 

783
00:39:16,960 --> 00:39:20,560
you know has done it so well. 
Duo has this entire personality.

784
00:39:20,680 --> 00:39:24,760
So many like brands want to 
partner with her and the 

785
00:39:24,760 --> 00:39:27,320
company. 
Although I've been seeing it on 

786
00:39:27,320 --> 00:39:30,880
the counterpoint, it's like a 
balance because I've seen like 

787
00:39:31,080 --> 00:39:34,800
now all all these airline 
companies have a voice of their 

788
00:39:34,800 --> 00:39:40,800
own, you know, on X or threads 
like Delta, like Ryanair, Spirit

789
00:39:40,800 --> 00:39:43,320
Airlines, they kind of like clap
back at each other and like 

790
00:39:43,320 --> 00:39:45,160
United. 
But I'm like, this is kind of 

791
00:39:45,160 --> 00:39:46,800
weird. 
Like I didn't I could see 

792
00:39:46,800 --> 00:39:50,320
Duolingo being personified but I
didn't need Ryanair and or 

793
00:39:50,320 --> 00:39:53,320
Spirit Airlines or Frontier to 
be personified on X. 

794
00:39:54,600 --> 00:39:55,320
Do you know? 
What I mean? 

795
00:39:55,960 --> 00:39:58,840
This sounds like you're a little
bit biased against these. 

796
00:40:00,200 --> 00:40:02,720
But. 
Delta budget airlines, but Delta

797
00:40:03,200 --> 00:40:09,280
someone sounds a little bit 
little bit questionable. 

798
00:40:09,480 --> 00:40:12,920
Well, in the airlines that you 
mentioned, No, I get what you 

799
00:40:12,920 --> 00:40:13,840
mean. 
It's tipped. 

800
00:40:13,840 --> 00:40:17,040
Too far and like OK the other 
day for example. 

801
00:40:17,040 --> 00:40:18,680
Or it's not. 
It doesn't feel authentic. 

802
00:40:18,680 --> 00:40:19,920
It's like going back to what he 
said. 

803
00:40:20,440 --> 00:40:23,840
It doesn't feel authentic the 
Wendy like Wendy's. 

804
00:40:23,840 --> 00:40:26,640
Does Wendy's need a persona on 
X? 

805
00:40:26,760 --> 00:40:31,200
Like what is the persona of 
Wendy's and or Quaker Oats? 

806
00:40:31,440 --> 00:40:35,040
Like I recently re threaded 
something that Quaker Oats 

807
00:40:35,120 --> 00:40:36,320
wrote. 
So I'm I'm guilty. 

808
00:40:36,320 --> 00:40:37,880
I'm like literally being a 
hypocrite right now. 

809
00:40:38,040 --> 00:40:41,040
But I'm like, do we need Quaker 
Oats to be like on threads and 

810
00:40:41,040 --> 00:40:44,480
on? 
XI mean they're trying, I know. 

811
00:40:44,480 --> 00:40:46,600
I, I guess we can't fault them 
from trying, but I'm just like, 

812
00:40:47,120 --> 00:40:48,720
I think the scale is kind of 
tipped the other way. 

813
00:40:48,720 --> 00:40:50,120
I'm like a little bit annoyed 
now. 

814
00:40:50,200 --> 00:40:51,600
I'm like, what are you guys 
doing here? 

815
00:40:52,320 --> 00:40:54,880
I guess they're not. 
I think the difference is that 

816
00:40:54,880 --> 00:41:00,360
they're not a like comment 
native brand, whereas like 

817
00:41:00,400 --> 00:41:03,680
Liquid Death, for example, it 
feels like they were like born 

818
00:41:03,680 --> 00:41:06,920
in the comments, you know, but 
like bringing him back to like 

819
00:41:06,920 --> 00:41:09,880
exactly what he said. 
I just want to say like, I just 

820
00:41:09,880 --> 00:41:15,360
want to reemphasize the like 
really like Bangor sentence, he 

821
00:41:15,360 --> 00:41:18,880
said. 
So one was he said relationships

822
00:41:18,880 --> 00:41:20,600
last longer than customer 
service. 

823
00:41:21,200 --> 00:41:23,800
That's like the power of the 
comments right in the comment 

824
00:41:23,800 --> 00:41:25,040
section. 
That's where you like build the 

825
00:41:25,040 --> 00:41:27,320
relationship. 
You have the conversation that 

826
00:41:27,320 --> 00:41:30,920
are not they're not like goal 
oriented. 

827
00:41:31,360 --> 00:41:35,480
They're not meant to like 
achieve a goal and they're not 

828
00:41:35,480 --> 00:41:37,240
transactional. 
You're just kind of like 

829
00:41:37,240 --> 00:41:39,480
shooting the shit. 
You're building a relationship. 

830
00:41:39,480 --> 00:41:41,360
Yeah, it's. 
Connection building. 

831
00:41:41,360 --> 00:41:42,960
Yeah, even. 
People who are not actually 

832
00:41:42,960 --> 00:41:44,800
leaving comments, they're 
reading the. 

833
00:41:44,960 --> 00:41:46,880
Yeah. 
So they feel like they're part 

834
00:41:46,880 --> 00:41:48,840
of that conversation with the 
brand. 

835
00:41:48,840 --> 00:41:50,400
Yeah. 
So that feels very organic. 

836
00:41:51,000 --> 00:41:55,440
And then the other thing he said
was customers are smarter than 

837
00:41:55,440 --> 00:41:58,120
you think he was. 
Like at Liquid Death, we treat 

838
00:41:58,120 --> 00:42:00,200
the audience like they're in on 
it, yes. 

839
00:42:00,200 --> 00:42:03,040
I love this part so. 
Good, because you know what he 

840
00:42:03,040 --> 00:42:06,280
says. 
After that, he goes, I know that

841
00:42:06,280 --> 00:42:07,800
they know that. 
We know that they know. 

842
00:42:08,080 --> 00:42:09,720
Yeah, that. 
We're we're selling to them. 

843
00:42:09,840 --> 00:42:13,800
Yeah, everyone knows we're 
marketing, but how do we make it

844
00:42:13,920 --> 00:42:16,120
fun? 
Like how do we make it something

845
00:42:16,120 --> 00:42:19,720
that everyone wants to 
participate in as opposed to 

846
00:42:19,720 --> 00:42:23,960
being like the just the object 
of the marketing, like the 

847
00:42:23,960 --> 00:42:26,160
subject of the marketing people 
want to be? 

848
00:42:26,160 --> 00:42:30,080
In on it and okay, sorry to go 
back to Ryanair and bury 

849
00:42:30,080 --> 00:42:31,920
Frontier. 
You know what it is. 

850
00:42:31,960 --> 00:42:35,000
What pisses me off is that they 
were if they were actually in on

851
00:42:35,000 --> 00:42:39,080
it and we were in on it, they 
would own how shitty they are. 

852
00:42:39,640 --> 00:42:43,440
Like they they would they would.
Make jokes about how like, 

853
00:42:43,920 --> 00:42:45,320
right? 
Yes they would. 

854
00:42:45,320 --> 00:42:47,560
Repost all those things of 
people, sorry to interrupt. 

855
00:42:47,560 --> 00:42:50,400
Like of people like wearing a 
million clothes, yes. 

856
00:42:50,560 --> 00:42:54,680
They would be in on it be like, 
yeah, we do charge you like, you

857
00:42:54,680 --> 00:42:59,280
know, $45.00 a seat and bringing
a bag a a checked bag will cost 

858
00:42:59,280 --> 00:43:02,120
twice as much that yes, we, we 
realize how ridiculous that is 

859
00:43:02,440 --> 00:43:03,640
and we're gonna keep doing 
theme. 

860
00:43:03,680 --> 00:43:05,600
That would be their theme and 
they would like harp on it 

861
00:43:05,600 --> 00:43:06,960
themselves and like they would 
be. 

862
00:43:07,080 --> 00:43:11,840
In on it they would understand 
how messed up it is or like the 

863
00:43:11,840 --> 00:43:14,000
trade off, but they're like, but
we're giving you the cheapest 

864
00:43:14,000 --> 00:43:18,080
seat available so wear all your 
clothes on your body like that's

865
00:43:18,080 --> 00:43:18,600
pretty. 
Good. 

866
00:43:18,600 --> 00:43:20,680
That's why it bothers. 
Me because like they're not, 

867
00:43:20,720 --> 00:43:23,640
they're missing the next layer 
of like they know that we know 

868
00:43:23,640 --> 00:43:27,000
that they know that we know like
they're only halfway there. 

869
00:43:27,400 --> 00:43:30,160
Yeah, it's like, it's like Peter
said, take a stance. 

870
00:43:30,160 --> 00:43:35,520
Yeah, take a position, say the 
unsaid thing that everybody 

871
00:43:35,520 --> 00:43:38,600
already knows or is already. 
Thinking like everyone like I 

872
00:43:38,600 --> 00:43:40,600
will take, I took Spirit or 
Frontier like one of these 

873
00:43:40,600 --> 00:43:44,080
budget airlines to go to Vegas 
with like my friends at GSB. 

874
00:43:44,080 --> 00:43:45,800
But like, we did it because we 
knew it would be cheap. 

875
00:43:45,800 --> 00:43:49,680
The only time she'll do it is 
when she flies with 400 other 

876
00:43:49,680 --> 00:43:52,960
people. 
Lafaire, Faire Lafaire. 

877
00:43:53,120 --> 00:43:55,520
She didn't have any bags. 
I didn't have single bags. 

878
00:43:55,520 --> 00:43:57,120
No, she didn't even stay over. 
I didn't. 

879
00:43:57,160 --> 00:44:01,600
Have a bag and perfect use case.
Actually, yeah, they should. 

880
00:44:01,600 --> 00:44:04,960
They should see, they should do 
like videos about that. 

881
00:44:04,960 --> 00:44:08,560
Yeah, right. 
It's just like I don't. 

882
00:44:08,560 --> 00:44:10,680
Want brands? 
To pretend that they're 

883
00:44:10,960 --> 00:44:14,080
something that they're not like,
just be like, just say what 

884
00:44:14,080 --> 00:44:16,360
everyone else is thinking. 
And I think that'll get you much

885
00:44:16,360 --> 00:44:21,840
further than like Quaker Oats. 
What are you doing here? 

886
00:44:22,880 --> 00:44:27,120
But does Quaker Oats need to 
take on like a Starkey persona? 

887
00:44:27,120 --> 00:44:29,640
No. 
Please don't like they're 

888
00:44:29,640 --> 00:44:31,440
already being snarky. 
I'm annoyed. 

889
00:44:31,440 --> 00:44:34,000
I was just like stop. 
Being snarky OK, but if they're 

890
00:44:34,000 --> 00:44:38,520
not snarky or like funny, then 
why do people want to like 

891
00:44:38,520 --> 00:44:40,600
engage with them in in the 
comments like what are they 

892
00:44:40,600 --> 00:44:43,520
going to do? 
Just post like really wholesome 

893
00:44:43,520 --> 00:44:46,360
like puppy videos I. 
Don't know, I think they could 

894
00:44:46,360 --> 00:44:51,640
start like like just start from 
first principles and be like, 

895
00:44:51,640 --> 00:44:53,000
why do people even go to quicker
roads? 

896
00:44:53,000 --> 00:44:58,400
Like oh, it's a recipe. 
It's like like healthy do like 

897
00:44:58,840 --> 00:45:02,600
recipe videos show how people 
can engage in your product and 

898
00:45:02,600 --> 00:45:06,640
fun and creative ways like that 
is the content I'd want to see. 

899
00:45:06,760 --> 00:45:09,200
OK is like I want to be inspired
by it. 

900
00:45:09,200 --> 00:45:11,160
I don't need them to like. 
Yeah. 

901
00:45:11,160 --> 00:45:14,600
So like maybe if they were to do
this like comment marketing, you

902
00:45:14,600 --> 00:45:18,080
know, campaign, they would then 
have like really positive 

903
00:45:18,080 --> 00:45:20,880
encouraging comments and be 
like, I don't know. 

904
00:45:20,880 --> 00:45:24,680
For some recipes or like in yeah
yeah repost people yeah 

905
00:45:24,680 --> 00:45:27,720
something. 
Like whatever, I don't know, 

906
00:45:28,200 --> 00:45:30,080
like whatever. 
There's something like positive 

907
00:45:30,080 --> 00:45:32,440
happening. 
They chime in and be like, oh, 

908
00:45:32,440 --> 00:45:36,840
like this is like, so amazing. 
This made my day or I don't 

909
00:45:36,840 --> 00:45:37,640
know. 
Yeah. 

910
00:45:37,680 --> 00:45:38,800
I don't know. 
I'd have to think a little bit. 

911
00:45:38,800 --> 00:45:41,320
They don't. 
Have to be snarky like like the 

912
00:45:41,320 --> 00:45:44,040
same way that Duolingo is I 
think. 

913
00:45:44,040 --> 00:45:46,120
Everyone's trying to be snarky 
these days and I'm like, it 

914
00:45:46,120 --> 00:45:48,600
doesn't work. 
They're trying to like to 

915
00:45:48,720 --> 00:45:57,200
literally execute the Duolingo 
like strategy versus taking that

916
00:45:57,280 --> 00:46:01,440
strategy and making it work for 
their brand. 

917
00:46:01,520 --> 00:46:03,640
Exactly. 
Because Duolingo is like in a 

918
00:46:03,640 --> 00:46:05,760
fun way, and I think they've 
done it brilliantly. 

919
00:46:05,760 --> 00:46:08,280
So this is not a Ding on them or
anything, but they're like 

920
00:46:08,840 --> 00:46:11,800
snarky. 
They're like chaotic. 

921
00:46:12,160 --> 00:46:16,360
They say the craziest things. 
They'll like, you know, retweet 

922
00:46:16,360 --> 00:46:18,720
with like Dua Lipa and like they
have this new aunt, like this 

923
00:46:18,720 --> 00:46:22,280
ongoing like segment of like how
Duolingo is like in love with 

924
00:46:22,280 --> 00:46:25,280
Duo Lipa. 
Like it's like very about the 

925
00:46:25,280 --> 00:46:26,960
cultural times. 
And that works for them, 

926
00:46:26,960 --> 00:46:30,400
especially because their social 
media manager is like Gen. 

927
00:46:30,400 --> 00:46:33,200
Z and like, gets it. 
But not everyone needs to do 

928
00:46:33,200 --> 00:46:34,160
that. 
Yeah. 

929
00:46:34,160 --> 00:46:36,240
It's. 
Giving Ariana, what are you 

930
00:46:36,280 --> 00:46:38,840
doing here? 
It's actually it's quite tired. 

931
00:46:40,600 --> 00:46:42,320
I still like that meme. 
No, no, no. 

932
00:46:42,320 --> 00:46:45,240
No, I mean, the people are doing
the Duolingo thing. 

933
00:46:45,440 --> 00:46:46,880
It's getting, for me quite 
tired. 

934
00:46:47,200 --> 00:46:49,640
Yeah. 
The final take away I had with 

935
00:46:49,640 --> 00:46:53,360
this conversation with Peter is 
that he took the analogy of 

936
00:46:53,360 --> 00:46:58,680
sports teams and why people are 
so bought in into their sports 

937
00:46:58,680 --> 00:47:01,680
teams that they love, even 
though like if their sport team 

938
00:47:01,680 --> 00:47:04,480
is not doing well when they get 
a win, they really feel like 

939
00:47:04,480 --> 00:47:07,120
they're a part of the entire 
process. 

940
00:47:07,120 --> 00:47:08,960
And so I don't know exactly 
remember the quote that he said,

941
00:47:08,960 --> 00:47:12,200
but like, people love 
supporting, you know, other 

942
00:47:12,200 --> 00:47:16,040
ambitious, hungry, passionate 
people because they feel like 

943
00:47:16,040 --> 00:47:18,280
they're a part of your success. 
Or if they can feel like they're

944
00:47:18,280 --> 00:47:20,440
a part of your success, they 
want to like, root for you 

945
00:47:20,440 --> 00:47:23,240
because people don't get to feel
like they're winning every day 

946
00:47:23,840 --> 00:47:26,280
so they can live vicariously 
through your wins. 

947
00:47:26,280 --> 00:47:27,680
And I was like. 
I had. 

948
00:47:27,680 --> 00:47:31,880
Never thought about it that way 
but like the psychology of it 

949
00:47:31,880 --> 00:47:34,400
makes so much sense. 
Totally. 

950
00:47:34,600 --> 00:47:40,120
It's like if I contributed 5 
percent, 10% or even like 1% to 

951
00:47:40,120 --> 00:47:43,840
a person's win, then like you 
get to feel a part of it. 

952
00:47:43,920 --> 00:47:47,400
And so then you get to feel like
a little bit of joy and 

953
00:47:47,400 --> 00:47:53,240
satisfaction and like positivity
every day through what everyone 

954
00:47:53,240 --> 00:47:56,040
else is doing as opposed to just
to yourself. 

955
00:47:56,240 --> 00:48:01,320
I mean, I think that's the idea 
that like of leverage, right? 

956
00:48:01,400 --> 00:48:06,760
Say more, I think like a, a 
piece of feedback that a lot of 

957
00:48:06,760 --> 00:48:10,240
like middle managers get as 
they're moving into higher 

958
00:48:10,240 --> 00:48:14,760
management roles is like the 
number one, or this is at least 

959
00:48:14,760 --> 00:48:17,880
one of the piece of feedback 
that I got is like the number 

960
00:48:17,880 --> 00:48:21,000
one thing you need to focus on 
is increasing your leverage. 

961
00:48:21,440 --> 00:48:24,480
So like if you're doing 
something or you're saying 

962
00:48:24,480 --> 00:48:27,840
something instead of you just 
like having a direct effect on 

963
00:48:27,840 --> 00:48:30,840
something, it should be like 
kicking off like 10 different 

964
00:48:30,840 --> 00:48:34,080
work streams and like it'll have
an effect on 10 people who then 

965
00:48:34,080 --> 00:48:37,440
have an effect on 50 other 
people that ends up affecting 

966
00:48:37,440 --> 00:48:40,080
like thousands and millions of 
people. 

967
00:48:40,840 --> 00:48:44,600
I mean, that's, it's not 
exaggerated actually, when you 

968
00:48:44,600 --> 00:48:48,000
work on a social media app, you 
know, hundreds of millions 

969
00:48:48,000 --> 00:48:54,200
people use, but it's kind of 
like a, a version of that. 

970
00:48:54,240 --> 00:48:56,360
That's what that's what it 
reminded me of. 

971
00:48:56,400 --> 00:48:59,040
Interesting. 
That's such a interesting 

972
00:48:59,040 --> 00:49:00,640
association. 
My brain did not go there at 

973
00:49:00,640 --> 00:49:04,080
all, but I see that or like. 
That's a way that you can. 

974
00:49:04,080 --> 00:49:06,560
Scale yourself, yeah. 
It's a way that you can sort of 

975
00:49:06,560 --> 00:49:11,480
apply what Peter is saying, even
if you don't work as AVC 

976
00:49:11,480 --> 00:49:14,760
yourself and you're not an 
investor and you work in a 

977
00:49:14,760 --> 00:49:16,680
corporate job, right? 
It's like increasing your 

978
00:49:16,680 --> 00:49:19,760
leverage. 
Like how can you have more 

979
00:49:19,840 --> 00:49:24,240
direct influence and more 
indirect influence at the same 

980
00:49:24,240 --> 00:49:26,400
time? 
When Peter talked about that, it

981
00:49:26,400 --> 00:49:31,080
reminded me of our Matcha brand 
sisters Matcha and one. 

982
00:49:31,080 --> 00:49:35,280
It's like super like grass 
rootsy in like how Jean and I 

983
00:49:35,280 --> 00:49:38,360
are like in there in the 
comments and talking to people, 

984
00:49:38,480 --> 00:49:41,840
responding to everything, but 
also in that like people want to

985
00:49:41,840 --> 00:49:43,120
feel like they're a part of 
something. 

986
00:49:43,320 --> 00:49:46,280
Something that we started doing 
was writing the people, our 

987
00:49:46,280 --> 00:49:50,480
customers names on our wall in 
our home, in our Home Office, 

988
00:49:50,680 --> 00:49:53,560
just like every singles, every 
single person's name who's 

989
00:49:53,560 --> 00:49:56,640
bought a sister's matcha. 
And it's like in a lot of our 

990
00:49:56,640 --> 00:49:59,960
videos, their names are there, 
they're they're present like 

991
00:50:00,120 --> 00:50:02,120
they're a part of the story 
you're. 

992
00:50:02,160 --> 00:50:05,800
Yeah, you live with us. 
You live in our home. 

993
00:50:07,000 --> 00:50:08,960
You're with us every day. 
Exactly. 

994
00:50:08,960 --> 00:50:13,840
So I actually hadn't. 
Connected those two, but I'm 

995
00:50:13,840 --> 00:50:17,480
like, oh, that's why, like I 
didn't, you know, we wanted to 

996
00:50:17,480 --> 00:50:19,880
do it for a reason. 
But like this is like very 

997
00:50:19,880 --> 00:50:22,000
concrete reason is that people 
want to feel like they're a part

998
00:50:22,000 --> 00:50:24,400
of something and when they can 
see their name, they're like, 

999
00:50:24,560 --> 00:50:27,680
oh, I'm contributing and I'm 
part of this story. 

1000
00:50:27,680 --> 00:50:29,840
The history of it all. 
Yeah. 

1001
00:50:30,080 --> 00:50:34,080
And like, I think also they're 
connecting not just to like our 

1002
00:50:34,080 --> 00:50:38,160
story of being sister Co 
founders, but also the fact that

1003
00:50:38,440 --> 00:50:42,320
our matcha is sourced from this 
family farm, like a really small

1004
00:50:42,440 --> 00:50:45,560
family farm in Wazuka, Japan. 
And we like talk about that 

1005
00:50:45,560 --> 00:50:48,520
family farm too. 
And like how, you know, we're 

1006
00:50:48,520 --> 00:50:52,240
really close to them and like 
how we are like basically 

1007
00:50:52,240 --> 00:50:56,280
plugged into every single part 
of the production and creation 

1008
00:50:56,680 --> 00:51:00,800
and everything. 
I think that's also part of it, 

1009
00:51:01,240 --> 00:51:02,360
right? 
Like I don't feel like we're 

1010
00:51:02,360 --> 00:51:05,760
just doing it for ourselves. 
I feel like we kind of have a 

1011
00:51:05,760 --> 00:51:10,640
higher purpose in in doing this,
this company, right, aside from 

1012
00:51:10,640 --> 00:51:13,920
the fact that it is like the 
best, healthiest, most amazing 

1013
00:51:13,920 --> 00:51:15,680
matcha that you can buy pretty 
much. 

1014
00:51:16,720 --> 00:51:19,840
And I'm like very proud of and 
stand behind the product like 

1015
00:51:20,160 --> 00:51:22,280
it's, it's more than just a 
product. 

1016
00:51:22,320 --> 00:51:25,280
Yeah, which is I think 
interesting going back to the 

1017
00:51:25,280 --> 00:51:29,160
differentiation of water, like 
this is the differentiation of 

1018
00:51:29,160 --> 00:51:29,920
matcha. 
Yeah. 

1019
00:51:29,920 --> 00:51:32,360
Like part of what makes our 
matcha special is like, 

1020
00:51:32,560 --> 00:51:36,680
obviously it tastes good, the 
health benefits and it's like, I

1021
00:51:36,680 --> 00:51:38,400
mean. 
It's ultra premium. 

1022
00:51:38,400 --> 00:51:40,840
It's like the top of the top, 
like all that stuff, yes. 

1023
00:51:40,840 --> 00:51:43,880
But then in addition to that, 
like there is this story of this

1024
00:51:43,880 --> 00:51:46,160
family farm that we are 
connected with and we're 

1025
00:51:46,160 --> 00:51:49,320
sourcing from that like other 
matcha companies on a much 

1026
00:51:49,320 --> 00:51:53,480
larger scale, like much bigger 
than us, they don't have the 

1027
00:51:53,480 --> 00:51:55,840
same ties to that. 
And if they're doing some like 

1028
00:51:56,080 --> 00:51:59,040
larger scale farming, like it's 
definitely not the same. 

1029
00:51:59,080 --> 00:52:02,040
It's so different. 
There's a heritage to it. 

1030
00:52:02,040 --> 00:52:04,040
Yeah. 
I mean, yeah, it's like the same

1031
00:52:04,040 --> 00:52:10,080
reason why, you know, you can 
have one handmade leather bag 

1032
00:52:10,080 --> 00:52:13,880
that's made in France that's 
maybe like $150.00 and then you 

1033
00:52:13,880 --> 00:52:18,360
can have a handmade Hermes bag 
which is $6000 or, you know, 

1034
00:52:18,360 --> 00:52:22,720
$150,000. 
Like it's the heritage behind 

1035
00:52:22,720 --> 00:52:28,760
the story of that house that is 
so well known. 

1036
00:52:28,760 --> 00:52:33,400
They've done such a good job of 
telling the story of that Maison

1037
00:52:33,400 --> 00:52:37,200
over time, that that is their 
competitive advantage. 

1038
00:52:37,200 --> 00:52:41,760
That's why they're the like, 800
LB gorilla in, you know, luxury 

1039
00:52:41,760 --> 00:52:43,960
handmade leather goods. 
Yeah. 

1040
00:52:44,200 --> 00:52:45,520
I'm. 
Honestly, I think we should do a

1041
00:52:45,520 --> 00:52:48,040
better job. 
We could do a better job of 

1042
00:52:48,040 --> 00:52:52,680
telling the story behind it. 
I mean, I think it's like, I 

1043
00:52:52,680 --> 00:52:54,480
don't know how much people I 
care. 

1044
00:52:54,480 --> 00:52:57,000
About it. 
I care so deeply about it, but I

1045
00:52:57,000 --> 00:52:58,360
don't know. 
I it's interesting. 

1046
00:52:58,480 --> 00:52:59,680
Let us know. 
Let us know. 

1047
00:52:59,680 --> 00:53:00,920
Do you care? 
Yeah. 

1048
00:53:01,080 --> 00:53:06,000
Like, does it make a difference 
for you in the consumables that 

1049
00:53:06,000 --> 00:53:09,480
you purchase when you know the 
story behind it and when, you 

1050
00:53:09,480 --> 00:53:13,400
know, like, literally the people
who are doing the source saying,

1051
00:53:13,400 --> 00:53:15,600
the people who are doing the 
vetting and everything, like, 

1052
00:53:15,600 --> 00:53:20,280
you can see their faces and hear
from them and, like, see the 

1053
00:53:20,280 --> 00:53:22,120
process, too. 
Yeah. 

1054
00:53:22,120 --> 00:53:26,520
I wonder what you so when I used
to work at LinkedIn, something 

1055
00:53:26,520 --> 00:53:30,680
we would call like the aha 
moment is like when do people 

1056
00:53:30,680 --> 00:53:33,720
start like realizing that 
LinkedIn learning is like, oh, 

1057
00:53:33,920 --> 00:53:35,360
is a product that works for 
them. 

1058
00:53:35,840 --> 00:53:37,920
What is the aha moment? 
Did you ever call it that? 

1059
00:53:38,520 --> 00:53:39,920
Especially during like 
onboarding? 

1060
00:53:39,920 --> 00:53:42,280
Since I worked on onboarding in 
my first few years, It's like 

1061
00:53:42,280 --> 00:53:45,440
what is the first experience 
that a user goes through or I 

1062
00:53:45,440 --> 00:53:47,240
guess. 
It's like is another way to put 

1063
00:53:47,240 --> 00:53:51,480
it, like what is the day or the 
moment that they end up 

1064
00:53:51,480 --> 00:53:54,960
retaining? 
Like they become like a lifelong

1065
00:53:55,120 --> 00:53:57,280
customer. 
That they end up like getting 

1066
00:53:57,280 --> 00:53:59,560
it. 
And like the whole point is that

1067
00:53:59,560 --> 00:54:02,360
like for retention and growth, 
you're supposed to shorten the 

1068
00:54:02,360 --> 00:54:06,360
time to getting to the aha 
moment for users. 

1069
00:54:06,360 --> 00:54:09,760
And so something that I've seen 
and I've actually felt myself is

1070
00:54:09,760 --> 00:54:13,560
that like when Dean and I, you 
know, travel, we go on vacation,

1071
00:54:13,560 --> 00:54:16,800
we do a lot of Airbnb 
experiences and like the aha 

1072
00:54:16,800 --> 00:54:19,680
moment for me and I've seen for 
other people is like, like when 

1073
00:54:19,680 --> 00:54:22,040
they get to experience something
themselves. 

1074
00:54:22,280 --> 00:54:25,560
So like when I was working on 
the matcha farm, we used to have

1075
00:54:25,560 --> 00:54:28,600
like guests come in and go on a 
tea farm tour. 

1076
00:54:28,800 --> 00:54:33,000
And like, I mean, it's the 
second that they're on the farm.

1077
00:54:33,040 --> 00:54:36,800
They hear from our our 
manufacturer, like our, our 

1078
00:54:36,800 --> 00:54:42,000
source Daikisan, the farmer, the
head farmer, they hear about his

1079
00:54:42,000 --> 00:54:44,040
story. 
They see the farm, they taste 

1080
00:54:44,040 --> 00:54:46,440
it. 
They understand how much craft 

1081
00:54:46,520 --> 00:54:49,800
and care goes into like every 
single freaking cup. 

1082
00:54:50,040 --> 00:54:53,800
Like, that's an aha moment. 
And I would say the bar is quite

1083
00:54:53,800 --> 00:54:55,720
high to get there. 
Like you got to go to Japan. 

1084
00:54:55,720 --> 00:54:58,600
If you're, you know, outside of 
Japan, you got to travel there. 

1085
00:54:58,760 --> 00:55:00,440
You got to go to the 
countryside. 

1086
00:55:00,640 --> 00:55:02,360
You got to go on this tea farm 
tour. 

1087
00:55:02,360 --> 00:55:03,920
You have to allocate a lot of 
time to it. 

1088
00:55:04,160 --> 00:55:07,080
Is there a way to get users and 
customers to the aha moment 

1089
00:55:07,080 --> 00:55:08,320
without actually having to do 
that? 

1090
00:55:08,560 --> 00:55:11,160
Yeah. 
How do you translate that for 

1091
00:55:11,280 --> 00:55:17,200
the masses? 
How do you Yeah, how do you can 

1092
00:55:17,200 --> 00:55:21,400
you? 
I think, I mean, we've done it a

1093
00:55:21,400 --> 00:55:25,560
little bit of like the content 
that we create on the farm and 

1094
00:55:25,560 --> 00:55:29,960
like telling the story of the 
farm, but how can you do it in a

1095
00:55:29,960 --> 00:55:33,040
more like visceral manner? 
We need. 

1096
00:55:33,040 --> 00:55:36,480
To make a documentary, we need 
to go back to the farm. 

1097
00:55:36,480 --> 00:55:38,120
This is where we go. 
Back to the farm. 

1098
00:55:38,240 --> 00:55:40,440
Yeah, make a documentary. 
We are going to go. 

1099
00:55:40,440 --> 00:55:42,080
Back to the farm for harvest 
season. 

1100
00:55:42,080 --> 00:55:43,720
Exactly. 
So yeah, I mean, like, guys, we 

1101
00:55:43,720 --> 00:55:46,400
like, we walk the walk. 
We're not just like talking to 

1102
00:55:46,400 --> 00:55:47,000
talk. 
Yeah. 

1103
00:55:47,000 --> 00:55:51,400
We're going back in May 2025. 
If you'd like to join us, we 

1104
00:55:51,400 --> 00:55:55,080
have a trip, a group trip with 
you guys. 

1105
00:55:56,200 --> 00:56:01,880
We have 15 spots total and I 
think around we have like 3 

1106
00:56:01,880 --> 00:56:04,240
spots left. 
So if you'd like to come with us

1107
00:56:04,240 --> 00:56:06,880
to Japan in May of 2025, travel 
with us. 

1108
00:56:07,560 --> 00:56:11,040
We are going to Tokyo Mount 
Fuji, which we've both never 

1109
00:56:11,040 --> 00:56:13,720
been to before. 
We're visiting a tea farm in 

1110
00:56:13,720 --> 00:56:16,320
Shizuoka, a different part of 
Japan that we've also never been

1111
00:56:16,320 --> 00:56:17,200
to before. 
It'll. 

1112
00:56:17,360 --> 00:56:20,440
Be fun to see a different tea 
farm yeah, I'm very interested 

1113
00:56:20,440 --> 00:56:23,400
in it yeah, because they have 
different farming methods yes, I

1114
00:56:23,400 --> 00:56:24,480
was just. 
About to say that it's a 

1115
00:56:24,480 --> 00:56:26,800
different landscape, yeah. 
Completely. 

1116
00:56:26,800 --> 00:56:30,640
In Shizuoka, it's not as 
mountainous as Kyoto, right. 

1117
00:56:30,640 --> 00:56:34,320
So they can use tractors versus 
our mantra comes from an area 

1118
00:56:34,320 --> 00:56:37,040
where it's too like hilly to 
actually use tractors. 

1119
00:56:37,040 --> 00:56:40,320
So that's why everything is done
in very small batches and by 

1120
00:56:40,320 --> 00:56:42,600
hand, yeah. 
We will have a link in our 

1121
00:56:42,600 --> 00:56:45,200
description if you guys would 
like to join us for that trip 

1122
00:56:45,280 --> 00:56:48,200
and we would love to have you. 
Yes. 

1123
00:56:48,360 --> 00:56:53,400
Anyway, so Peter Pham, I mean, 
you know, it was a great 

1124
00:56:53,400 --> 00:56:56,880
conversation because it relates.
To our lives in so many 

1125
00:56:56,880 --> 00:56:59,440
different ways yeah, it just. 
Made us think so much, Yeah. 

1126
00:56:59,520 --> 00:57:03,440
Like, it LED us to have these 
like really deep conversations 

1127
00:57:03,560 --> 00:57:06,280
even though he's not here. 
But like off of the back of his 

1128
00:57:06,280 --> 00:57:08,880
like quotes, he's. 
Good, that man. 

1129
00:57:09,000 --> 00:57:10,200
He's good. 
I know. 

1130
00:57:10,200 --> 00:57:11,840
We should. 
Maybe we should get him back. 

1131
00:57:12,480 --> 00:57:15,400
Wait, we should. 
I feel like he would have so 

1132
00:57:15,400 --> 00:57:17,480
much more to say. 
Yeah, this was like only like a 

1133
00:57:17,480 --> 00:57:19,400
20 minute interview. 
We should do a longer one with 

1134
00:57:19,400 --> 00:57:20,960
him. 
Yeah, guys, let us know. 

1135
00:57:21,480 --> 00:57:25,360
If you'd be interested in a Part
2 with Peter and then maybe we 

1136
00:57:25,360 --> 00:57:27,600
can convince him to come back 
onto the pod. 

1137
00:57:28,400 --> 00:57:31,160
Thank you guys so much for 
tuning in to this episode of The

1138
00:57:31,160 --> 00:57:34,680
Tiger Sisters. 
Please remember to like, comment

1139
00:57:34,680 --> 00:57:37,600
and subscribe. 
And if you're listening to this 

1140
00:57:37,600 --> 00:57:41,800
episode on Apple Podcast or 
Spotify, please give us a five 

1141
00:57:41,800 --> 00:57:44,400
star review. 
It only takes a few seconds and 

1142
00:57:44,400 --> 00:57:47,240
it means the world to us. 
Thanks guys. 

1143
00:57:47,240 --> 00:57:49,360
We'll see you next time. 
Bye.

