1:08:50

MFM Goes to Jail, Startup Cities, Julian Shapiro Building a Ranch, Testing Out Purchases, and More

From My First Million · Published Jul 5, 2022 · Watch on YouTube

TL;DR

The episode covers two hosts' volunteer experiences in U.S. prisons (The Last Mile coding program and Folsom Prison men’s groups), extolling the zero-recidivism outcome and profound mindset shifts of incarcerated individuals. They then discuss startup charter cities (Prospera, Praxis) as zones for regulatory experimentation, using gene therapy company Mini Circle as a case study.

Key insights

  • The Last Mile program teaches inmates coding for 2–3 years, has graduated ~800–1,000 people, and reports a 0% recidivism rate vs. ~65% baseline.
  • A former inmate reframed his 20-year sentence as a “20 year PhD in life,” mentally renaming the prison as a university and its yard as a beautiful green field.
  • The “judgment says more about you than it does about them” principle: you cannot avoid making snap judgments, so use them to learn about yourself, not to define others.

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