Turning Peter Thiel's $100K into $10M Angel Portfolio & Why VCs Can Be Sharks | Josh Browder

Josh Browder is my favourite emerging manager. As the Founder of Browder Capital he has been the first check into unicorns like Micro1, [Owner.com](http://owner.com/) and Yuzu Health to name a few. He turned his Thiel Fellowship Grant of $100K into a whopping $10M angel portfolio. All new investments move into Josh's Four Seasons Residence where he then trains them on company building. They are only allowed to leave when they raise their seed round. In addition to this, Josh is the Founder & CEO @ DoNotPay, the now profitable company that has raised $22M from Marc Andreessen and others. ----------------------------------------------- Timestamps: 00:00 Intro 01:34 Why Young Founders Have No Option But to Succeed 04:39 What Joshua Looks for That Others Miss 06:55 How to Spot a Fake Founder 08:54 Joshua's One-Person Accelerator 11:14 The Three Reasons Pre-Seed Companies Fail 16:04 Breakfast With Marc Andreessen at 18 37:38 YC vs Joshua's Spare Bedroom 43:08 The 1000x Investment: What Joshua Saw in Ali Ansari 45:51 IQ Is Overrated 46:59 Never Tell Founders What to Build 1:03:07 DoNotPay Pays Dividends 1:05:29 Hire People Who Scale Themselves 1:07:36 AI's Winners and Losers: The Giant Transfer of Wealth 1:09:26 Why Joshua Buys Land With Every Dollar He Makes ---------------------------------------------------------------------------------------------- Subscribe on Spotify: https://open.spotify.com/show/3j2KMcZ... Subscribe on Apple Podcasts: https://podcasts.apple.com/us/podcast... Follow Harry Stebbings on X:   / harrystebbings   Follow Joshua Browder on X:   / joshuabrowder   Follow 20VC on Instagram:   / 20vchq   Follow 20VC on TikTok:   / 20vc_tok   Visit our Website: https://www.20vc.com Subscribe to our Newsletter: https://www.thetwentyminutevc.com/con... ----------------------------------------------- Legal Disclaimer: The content of this podcast is for informational and entertainment purposes only and does not constitute financial or investment advice. Any discussion of stocks, public markets, or investment strategies reflects the personal opinions of the speakers and should not be relied upon when making investment decisions. Figures, valuations, and financial data referenced may be estimates or subject to error. Always consult a qualified financial adviser before making any investment decision. The views expressed are those of the individual speakers and do not represent the views of 20VC or its affiliates. ----------------------------------------------- #20vc #harrystebbings #joshuabrowder #startups #peterthiel #donotpay #angelinvesting