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$100,000 to invest ( INVESTING 2020 ) | My First Million Podcast

From My First Million · Published Jul 5, 2020 · Watch on YouTube

TL;DR

The podcast hosts debate where to invest $100,000 among four unnamed startups (referred to as Kron, Artinrez, Carrot, and Lilia). One host chooses Artinrez (a fine-art marketplace) because the marketplace model is overlooked and has not been disrupted by tech, but he expects to lose the money.

Key insights

  • Meeting the founder can completely change an investment decision; the speaker’s picks are explicitly not based on the people.
  • Artinrez is selected because a marketplace model is preferred over lead generation, and the fine-art industry has not been technologically disrupted yet.
  • Kron is selected because it can reach ~$100k monthly revenue very quickly, has high churn but a large market, and can become default alive with minimal capital.

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