The CEO of Adobe just emailed me...

Best meme I saw in the last 7 days. HANDS DOWN.

The Founding Fathers of America were shockingly young.

The Thiel Fellowship gives $100k to 25 kids a year to drop out of college and start a company. This morning a Thiel Fellowshow recipient (now 25 years old) just sold a self-driving car startup he started with his $100k for $3.4 billion at age 18. Hell yeah.

What’s the difference between a $10m, $100m, and $1b lifestyle? Asked this question in Hampton's Slack community since we have people worth $10m - $2b. A few takeaways from the 50+ replies: $50k – $100k liquid • The first “I feel rich” for many in 20s. • Bills stop hurting. You breathe. • $1M net worth rarely changes anything. In high-cost cities, it’s just “comfortable professional.” Still very income-dependent. $10M liquid - This is the first real unlock. • Safety net feels permanent • You stop looking at the right side of the menu • Business-class by default, 5 hotels when you want • You can cover friends’ flights to make trips happen • Life doesn’t run you anymore. $20M–$25M liquid: • “I can spend $50k/mo forever and still compound.” • Nicer primary home (or rent ultra-nice; fewer ownership headaches) • Staff for convenience (nanny, cleaners) • Family support start to be normal, not “splurge” $50M liquid • Cash flow is thick and hard to fully redeploy. • 2nd homes, extended travel • Serious privacy planning begins • You’re learning trusts, tax vehicles, and who to not trust $100M: • Life becomes frictionless. • Fly private often (some buy; many rent because ownership is work) • Full household team + exec assistants + specialists • Family office(s), capital allocation becomes a job • You choose projects; problems get solved without you Past $100M • personal lifestyle doesn’t change much—scale and privacy do. • Land for privacy buffers • Private gyms/courts/spas at home • You’ll never fly commercial unless you want to $1 billion • Money becomes institutional. • You never see a bill • Global properties, fully private travel • Governments, universities, and CEOs court you • It’s legacy season: foundations, endowments, monuments A few real anecdotes from the thread: • A billionaire bought a pro sports team mid-flight on his jet. His right-hand guy became COO. • A friend group dropped $200k–$300k on a yacht week just to get everyone together. • Multiple members set up dual family offices (JPM + independent) to manage life + investments. The biggest trap everyone warned about: • “Coming into money without accomplishing anything is a curse.” • Lottery-winner energy breaks people. Purpose > purchases. Cash flow > net worth (psychologically). • Even people with $50M–$100M feel “poor” during low-cashflow years. Meaning, even if you have a high net worth -- if your business income goes away even if you don't need it, it feels horrible. Mentally brutal. What actually brings joy at scale: • Buying back time (coaches, chefs, pilots, concierge) • Funding memories (fly the whole crew, pick up every tab) • Being present (one member took a year as a stay-at-home dad - “wouldn’t trade it for anything”) What gets old fast: • More “stuff” to manage • Identity tied to net worth • Chasing bigger dopamine (toys) instead of deeper meaning (health, family, service, community) -- Ok, that's it - that's my ChatGPT summary of all the replies!

Ok so I guess zuck is pretty cool now.

A prediction: - Spotify will drop Rogan - Then he'll start his own media company, maybe his own platform - Obviously, it will be huge. He'll become a billionaire. - Bonus: @elonmusk will be an investor or help in some way. Not THAT crazy of a prediction. But hey, let's see!

lol this is so funny. Sticker mule ceo doesn’t get it. Not buying stuff from them again.

bruh

The co-founder of Loom sold his biz for ~$1B, made $50-70M personally, then walked away from an extra $60M He has “no income right now” and is “looking for internships”... @vhmth has a wild post-exit story. we talked about it on Moneywise: -Turned down $60M in retention bonuses that would've vested over 4 years -Said "the trees spoke to me" during a redwoods hike when deciding whether to stay. He wasn’t joking. -He had a post go viral about his identity crisis after selling (1.5m views) So I asked about his money situation now: -Monthly spend: $25K (with $12K on NYC rent) -Net worth allocation: 50% cash, 30% equities, 20% bonds/other -Most expensive post-exit purchase: iPad Now he’s studying physics 5-8 hours daily, hanging in Discord groups with 18-year-olds who think he's their peer… looking to intern as a mechanical engineer (can you imagine the founder of a billion-dollar company being your intern?) On the pod he explains why he’s betting his future on physical products instead of software and investing… The full episode is live now. Check it out.

This is horrible leadership. I’m on board with strict borders. But mocking them? This is embarrassing and shameful.

This is insane. Makes me ashamed of nyc. And fearful. Mamdani is a fool.

I damn near almost forgot: Elon Musk is a cofounder of OpenAI. Wild.

This is good.

I wanna make this kid famous on tech twitter. Read this post...this is baller stuff. I was on a run and this kid @marvy_101 stopped me. Was on his bike, chased me down, and was out of breath, ha!! He wanted to show me a new app he built. Its called One Click Apply and lets students apply to lots of jobs at once. He posted about it on his Linkedin. Went viral with 1,700 comments. He's from Nigeria. Been here for 2 years for school. Said he interned at Tesla last summer and has an internship at @Dell this summer. Told me: "I wanna work on my One Click app this summer instead of an internship, but can't afford it." Check out his twitter and blog. I'll share it in the next tweet, along with the cool app he made. Looks like he's tinkering and making really cool apps + sharing with his tiny audience. 1. What a baller 2. These attributes (willingness to run me down to show me this, already make cool products) are what future ballers look like when young. If you wanna work with him, fund him, whatever...DM this kid. Seems very promising. His name is Oluwapelumi Dada. Hey @MichaelDell, you should talk to Oluwapelumi.

Bridgewater (4% returns) vs index funds (18%). I'm not saying you can't beat the market. But Bridgewater is a hedge fund with 2,000 employees. Some of the smartest, highest paid people on earth who spend 20 hours a day + billions on tools/research. And they, and many just like them, struggle to beat it.

Fun fact: cash back from your credit card isn't taxed. I knew a person who lived off their business's cash back from their card. Was like $200-$250k/year. I think, but am not sure, that there's a limit (like $300k or so).

Would you quit your job if you were paid $50 for each mile you run?

A man on the FatFIRE subreddit posted: "My spouse (29) and I (32) are on track for fatFIRE by our mid-40s. We want to focus fully on kids without sacrificing careers Anyone had kids this late while fatFIRE-ing? Thoughts?" The top reply (pic below).

“The only thing that really matters in life are your relationships to other people.” That’s the conclusion of Harvard’s Grant Study, the longest-running study of human life ever conducted that tracked men for 80+ years from youth to old age.

Coinbase founder Brian Armstrong will be worth ~$20 billion by end of day (he owns 20% of coinbase). Prior to starting Coinbase in 2012, he worked at Airbnb and Deloitte. The fact that someone created that much wealth in such a short time is amazing. I love the internet

NEWS: My company The Hustle is being acquired by @HubSpot ! Very exciting day. Let me fill you in on: - why a publicly-traded software company is buying a media startup - how much they paid - what happens next for The Hustle - how it impacts you (a thread!)

Alex Karp never learned to drive. “I was too poor,” he said. “And then I was too rich.”

Bret Taylor is about to join the board at OpenAI. Check out this guy's background: - Created Google Maps - Started Friendfeed, sold to Facebook - CTO of FB - Founded Quip. Sold to Salesforce for $750m - Co-CEO of Salesforce - Chairman of board of Twitter - Board at Shopify He's only 43. Pretty amazing. Anyone work with him? What attributes does he have that makes him amazing in the corporate world? Fascinating guy!

Little Naomi Parr was born this week. @SaraSodineParr and Naomi are healthy and we are over the moon happy. I’m in a state of bliss and am beyond excited to be a dad! This pic was taken right after birth. Look at Sara. Amazing. Champion.

I'm SHOCKED at how many $30k-$50k trucks and SUVs I see in poor areas of the country. We've been tricked to spend WAY too much on cars. My thinking: spend no more than 1/10th your gross annual income on a car. Keep same car for 7+ years.

When I sold my company I called my mom. I told her how much I made, some big media outlets were covering it, the buyer was a $20b company, and how my financial dreams have come true. Her response: "That's great! But do you still have health insurance?

Baby girl Parr coming this Nov... I'm so excited to be a dad and to see @SaraSodineParr become a mother!

Looking like its Sid’s last weekend. He’s ~15 years old and make it for the first ten days of my daughters life. Haven’t ever been this sad but I’m so happy he made it this far to meet her! Dogs you have in your 20s are special. Only ones who see your full evolution!

2009-2023. Long live Sid. This dog saved me from being a degenerate. I love him so much. Carried him around the last three years and loved it.

Real estate has to have the highest % of dumb but rich/success people. Hence, why I like it.

Go to 21 seconds in. Elon pauses for 15 seconds before answering a question. If you're the interviewer or want info from someone, NEVER EVER interrupt that silence. Most people do because its uncomfortable. But on the other end of that silence is often great content.

My asian friends have broken me of my midwestern habits. i'm now a no shoe household. wearing these lussos as my indoor slippers. Can you say "game changer"? what was i thinking...just decades living in filth.

Netflix's Marketing power: - Squid Games show increasing Vans sales by 7,800% - Korean signups on Duolingo by 76% - Korean candy on show up 250% - Quid actress 400K to 18.9M Instagram followers

Don’t think the folks running @WSJ marketing on Facebook got the memo.

Vinay wired $1.7M to his parents just before selling Loom. said it’s the coolest thing money has ever bought him.

I’m enjoying life.

Reminder: no one knows anything and we're all morons.

Traded my Tesla X for a BMW x7 a few months ago. My god, I can't believe I owned the X. I like the x7 so much better in most every category and they're similarly priced. Self-driving is great (hands free), interiors aren't even in the same ball park, drive is much more comfy.

I tried Ozempic about 1.5 years ago because I love testing new things. 2 weeks in my immediate thought was: this will help cure alcoholism. Could feel it. I was addicted to booze. 10 years sober now. And I could feel the sugar cravings, along with other types of cravings that come with being addicted, when quitting. I used sweets to help kick habit. I'm certain we'll eventually find downsides to Ozempic. But when you're morbidly obese or alcoholic, I think the pros (not dying) of using these drugs will outweigh the cons (tbd).

My progress always looks the same: Start → suck → grind for months/years with no noticeable progress → suddenly look up after a long time and it’s 3x better. Fitness: no change for months. “why isn’t this working!?” then after 6 months of consistent behavior, I see a before/after photo and am unrecognizable. Then the after photo becomes the baseline for next 6 months. Business: I feel the same for years. “I don’t feel like a better, more mature leader. Am I not reading enough books!?” Then one day I see my work from 3 years ago realize I’ve leveled up completely. KEEP GOING! That’s the hard part!!

She was giving out samples of her 6-month old food startup - sourdough baking mix (no sugar) - used to work in fintech - 29 years old - cold emailed Whole Foods. They’re now stocking the product - sells 30 packs a day giving out samples - no funding no employees Jesha’s Bakery

At the Berkshire Hathaway shareholder meeting in 2013 Warren Buffet said he's owned 500 stocks during his life and made most of his money on 10 of them. Munger followed up: "If you remove just a few of Berkshire's top investments, its long-term track record is pretty average.

Hey @rabois, why are you suck a d*ck online? I hope you keep this energy in real life when you meet people. When you're the man, you don't act rude to people like this. Real ballers don't flex nuts, cuz real ballers know they got 'em.

10 richest men also have 13 divorces between them

I spoke to a person the other day who owns a Chrome plugin that makes over $25m in revenue. Its only him and 1 other employee. Mindblowing. Anyone heard of any other examples like this? Small (less than 5) teams that have huge Chrome or Wordpress plugins (or like that).

Recently, a friend passed from cancer. I've hung with Jimmy, but we don't know each other well. My buddy was a huge Beast fan. 24 hours before he died, I texted Jimmy asking for a short video to say hey to my friend. Jimmy likely had no idea who was texting him as we weren't close enough to save my number. He replied "Will send video asap" and sent it within a few minutes. Made a HUGE impact on my bud and his family. Because of that, I will always be a @MrBeast fan.

How to live a miserable life in 5 easy steps: 1. Don’t decide. Spend tons of time planning and thinking, very little doing. 2. Don't set goals. And certainly don't track progress (or lack thereof). 3. Switch from thing to thing every quarter or year. Mastery and compounding is for suckers. Starting from scratch will be easier. 4. Don't have a best friend. Tons of acquaintances will suffice! Loving a buddy like family and caring for them is gay! 5. Buy individual stocks. Index funds are dumb. You're smarter than 90% of hedge funds with billions in budget and thousands in headcount. Your picks will help you sleep easy.

ANNOUNCEMENT: I'm back. Last July I founded a new startup. Today I'm sharing it with the world. It's called Hampton: a highly vetted membership community for entrepreneurs, founders and CEOs. Why launch a community? I'll explain + why it'll be huge biz.

I LOVE boring non-Silicon Valley, family-owned businesses. This one's a good one: ABC Supply, a roofing material business. 1 of the largest private companies in America with $10billion in revenue. The founders are Ken, Diane Hendricks, worth $8 billion. Here's there story 👇🏻

Lots of Americans vacationing in Europe say the same thing: - I didn’t eat healthy (they normally eat healthy in USA) - I ate a lot. - I walked normal amounts. And yet: - they lose weight - feel better (less full, less achy). Any data on why? And What about your experience? Did you notice this too when you moved from Europe to America or Vice versus?

Spanx was acquired this week for a reported $1.2b. Sara Blakely didn't raise any money, had zero debt, and started the business with a few thousand in savings. Amazing.

There's a new-ish drug called semaglutide (brand name is Ozempic). I've been reading studies on it. It's wild. Results of study: 2000 people tested it. On average, they lost 15% of their bodyweight in 68 weeks. Non-addicting, little to no side effects. This is wild.

What the hell do people who work at LinkedIn do all day? Cuz they certainly aren’t working on product.

Difference between America and other countries: In America if you tell your buds you're quitting your job to start a business, a typical reply is: "Congrats! So cool. You'll do great and I'm rooting for you!" Americans default to optimism. Not nearly as common elsewhere.

Co-founder of Apple on how much $$$ he has. h/t @nevmed

ANNOUNCEMENT: Today I'm launching something that, if done poorly, will make me sound like such an entitled ass. It's called MoneyWise, a podcast that reveals personal finances of high net worth people. The topics being discussed...they can sound super dbag if done incorrectly. Monthly expenses, asset allocation, emotional stuff. These convos rarely happen publicly. I'm lucky with Hampton and my career that I'm able to hear these private convos. But now we'll share some of them with you. And so if you're curious...MoneyWise will be a way to hear conversations that only happen privately. God willing...MoneyWise will be ***tastefully done*** so we have these interesting convos without sounding like asses. Our first episode: "At what liquid net worth did you stop worrying?" One of our guests sold his company for $250m at 31. Another guest makes $15m/year in personal income as a lawyer. We ask them at what number did they stop worrying. Answers were drastically different. Each guest reveals their net worth, monthly expenses, portfolio, and more details (stuff people rarely share!). You can check it all out in the next tweet.

Rule: no swag (t-shirts and shit) until product market fit or profitability.

Talked to 2 different people who created amazing automations so they don't have to hire loads of employees. 1. A guy with a $1m/year 8 Airbnb properties. Lots of Zapier. Only has cleaners on staff. 2. A guy with a $25m/year financial news site. 13 employees. $17m/year profit.

Someone put together a list of all the book recommendations made by founders and CEOs in Hampton recently there’s a book club now that one member started which is pretty cool.

I'm not a gay, but @hubermanlab...sup?

My man @dharmesh had an interesting insight: When Olympians are obsessed with training, we think how amazing. So dedicated! Inspiring! But when people are obsessed with their work/job, people think how sad. You need a life! You need balance!

Dude. Wow. This kid spent a summer doing this. I met him on the street months ago. Now look what happened. Look where we started:

A man on the FatFIRE subreddit posted: "My spouse (29) and I (32) are on track for fatFIRE by our mid-40s. We want to focus fully on kids without sacrificing careers. Anyone had kids this late while fatFIRE-ing? Thoughts?" The top reply (pic below). A common thing I see amongst high earning people had kids late (mid 30s): I wish I did it sooner. (I'm in that bucket btw. I wish i did it sooner.) When my older friends told me that (that they wish they had kids earlier), I was shocked. Because almost everyone says "just wait, you have time! focus on your career! plenty of time." But that advice (have kids sooner) completely changed my opinion. the post: From the fatFIRE community on Reddit

The most important financial decision you'll ever make: Picking the right spouse!

My boy Sid! He'll be 14 soon. My goal has been to get him to 15, but I'm not sure we'll get him there :(. He's been struggling lately and I have to carry him most places because his hips are giving out. I got him when I was a junior in college. A drug dealer I knew went to prison, so I inherited Sid when he was 6 months old. In college, I got arrested one time and spent 24 hours in jail. When I got home I felt so bad that I left him inside that long that it made me get my act together and fulfill my potential.  We've lived together in Nashville, St. Louis, San Francisco, Austin, Manhattan, Brooklyn, and The Hamptons. We've driven across the country together a bunch of times, living on the road for months. He's seen more of America than most Americans! In San Francisco, we'd drive to work together on my motorcycle in this incredibly stupid contraption I built. From sleeping on a mattress on the floor to wherever it is we are now!  Get yourself a good dog. It's felt so good taking care of Sid and getting love back from him. Love you Sid! As the basic white girls say: I didn't save him, he saved me!

Name a book you read in one sitting. Any topic. I need a page turner.

Piece of Cake is an 8 year old moving company in NYC. They do something like $150m a year (according to axios). The founders resume is pretty cool. Immigrant -> McDonald’s -> Mover -> started moving business with $20k.

I was just trapped in a snowstorm in a 2-bedroom apartment 72 hours with one of the most powerful venture capitalists in the world. This person (@andrewchen) is a partner at Andreessen Horowitz I asked them how to get rich through angel investing. Here's what they told me...

If it were entirely up to me (if I were single), I’d want to rent forever instead of buying a home. So much easier…

Met a new friend: Isaac French. He's 25. In 10 months he: - built 7 a-frames on a 5 acre plot in Waco - grew its insta to 37k followers - $550k/year rev - 95% occupancy, mostly direct - Cash out refi + $400k (appraised for a lot) Pretty amazing project: liveoaklake.com/

THIS IS AMAZING. The chat logs from when Zuck was buying Instagram. Highlights: Zuck: I can't get to $2b. Systrom: $2b was my absolutely say yes number. I'll have to think on it. Just 2 dudes negotiating the best $1 billion acquisition ever via Fb messenger. My style.

The man @dieworkwear came on the pod. - i was shockingly nervous to talk to him - he stayed anonymous (so no video) - he's smart as hell a lot of people are likely thinking "a fashion guy on MFM, huh?" but he's perfect for a few reasons: - his rise. grew his audience in a huge way, quickly. - i think life is so much richer than just business and money. to me business is part self-expression. what i love about derek is that he's introduce me to a new type of self expression: clothes. previously, like many men, I thought "dudes shouldn't care about this". And even though i always loved clothes and style, I thought art and this type of stuff was a waste of time. Well, now i think differently. - its practical. we talk about how to dress better. - he's great with words. i love that ish. So here it is: mfmpod.com/die-workwear-this…

BuiltWith is an amazing site that I use regularly. But it's also an amazing business. 1 fulltime employee. $14m a year in revenue. Can you name a business more efficient than that? Let's see em.

Brian Scalabrine, the self-labeled "worst player in the NBA", challenged anyone to play 1+1 against him. A few young guys took him up on him. He smoked 'em all. His point: “I’m closer to Lebron than you are to me.” Pretty funny.

A hill I will die on: Buying a a home is almost always not a great financial investment. yes, even taking into account leverage. looking at averages, investing in SP500 is more profitable (on average). and also, that's ok! buy because its a great emotional ivnestment.

Trent Reznor from Nine Itch Nails has this cool interview about how when Johnny Cash recorded Trent’s song Hurt, Trent said “welp I knew right away after hearing it that song was now Johnnys.” I love trying to find songs where the original was dope but the new guys who cover it make it theirs. Two others that come to mind. Guns N’ Roses doing bob Dylan’s knocking on heaven doors. I know crazy to think Guns N’ Roses out did bob but I think it’s true. Another is Elvis’s version of unchained melody by the righteous brothers. Elvis made that shit his. What are some other cool examples?

When jet.com launched they gave shares to the person who referred the most people to try the site. Eric Martin won, spending $18k to buy online ads driving people to sign up for Jet using his referral link. When jet.com sold for $3b, he made $20m

Success is dreaming of becoming a certain type of person and then becoming it. Nothing to do with money.

My current belief: Working on 1 good business for 10 years will likely beat working on 10 decent things for 1 year each. Focus is hard. But I think working on 1 thing for a long time will create way more value than working on 10 things for short time.

There’s a special animation if you click “like” on any tweets using the #AppleEvent  hashtag. Pretty cool. Try it. Smart move Apple.

If anyone out there thinks with high certainty that they can turn $300k into the next amazon, or even turn $300k into a company worth .005% of Amazon ($50m), please contact me. I will gladly invest.

What are the biggest businesses you know of that are owned 100% by 1 person. Mine: - Tilman Fertitta owns 100% of Landry's, which does over $1b in profit/year - Dyson, the vacuums. $8 billion revenue - Panda Express.$2b (i think) what else?

Dylan Field made ~$6b the other day when Figma IPO-ed. Assuming that grows at the 50 year sp500 average (10.7%), at 100 he has $5.45 trillion. Getting liquidity when young is insane.

Completely agree. I think it’s insane that people have been tricked into: 1) thinking a home is a good financial investment 2) thinking buying a home is the American dream/ a must. This mindset is as dumb as diamond companies tricking you into spending 3 months salary on an engagement ring.

7 Habits of Highly Successful People 1. Skiing 2. Yachting 3. Snorkeling 4. Golf 5. Polo 6. Dinner parties 7. Shopping

Why’s Tesla creating a tequila? 66% of Ferrari’s revenue comes from merch. Wow!!

Khabib and his family are dominating the UFC. When asked about the secret sauce, his answer is pretty chilling. Check it out.

Got a Prenuvo scan last month. Its a full body MRI scan. Do you remember how you used to be able to smoke in restaurants? Seems crazy today. I think in 20,40,50 years we'll look back and be like "wasn't it insane that years ago you could have cancer or something else in your body and not even know about it...and had you known, it would have been cured?" I've been obsessed with that idea for a few years now. So I love testing out products that address that. Prenuvo was pretty cool. You get a fancy waiting room, dot eh scan, then login after and see the results. Downside is that you have to sit in a loud MRI machine for like 45 minutes. Was scary waiting for the results. But thankfully, all was good. But overall, was super cool. Am thinking about getting them down annually (or something like that).

shittttt

Writing down goals. Quarterly, annual, 5 year. I think this is TERRIBLY important. For business and life. I started doing it in my early 20s. Having direction, end destination in mind made decision making so much easier! My categories of goals: family, fitness, finance, fun.

Last week Netflix released a new WWII documentary. Best piece of content I've consumed all year. It didn't get lot of fanfare. You have to watch. So much footage and stories I've NEVER heard about (and I'm a 30-something dude...aka ww2 is my jam). piped.video/watch?v=dz1rTZE9…

One of our early employees started as an intern. He just announced he's leaving us to start a startup. Already has raised $1.5m. I'm so excited for him and will share. This is the cool part about finding and betting on young, inexperienced people. Super cool to see.

This shit is gonna be so popular.

My mother in law loves to sew. A few years ago she asked me how to set up an online store. She wanted to sell fancy throw pillows she was making. I gave her very basic steps. Enough to get started (I don't know much about ecom). A few weeks later she showed me her site. It rocked! Now, a few years later, she's done well over $1,000,000 in sales, has a small team, a cool brand, an office, repeat customers, and a thriving business. Absolutely amazing to see her pull this off. She followed through like a mf-er and built something badass. I told her to scale and go harder...but she said she loves how its going, is super happy, and likes a normal 40 hour work week :) She's smart. That immigrant hustle. One of the reasons why I love America...people like her. Her brand: Smithy Home Couture Her etsy store: etsy.com/shop/SmithyHomeCout… Her website: smithyhomecouture.com/

I have a lot of single friends who are babes ( men and women). For thanksgiving, I’m gonna share them here ( with their permission). Hope you’re hungry.

Uhhhhhhhh

What are some great ChatGPT prompts? Could be business, fun, personal growth, whatever.