Trung Phan

The new Twitter Press email auto-respond has perfectly answered all my questions so far https://t.co/huTJx7rZGQ

Write on business. Create with @workweekinc. Co-host @niapodcast. Building an AI research app for reading + writing: https://t.co/fZ5ObIyBGI

Live footage of regional bank CEOs meeting with Warren Buffet in Omaha https://t.co/LdPUOBRTQU

Big Daddy Buffett’s deal for: 

BAML in 2011 

— $5B cash for $5B preferred shares (5% dividend)
— warrants for 700m common at $7.14 per share (when he exercised in 2017, it was ~$30 a share)
— So in 6 years, turned $5B into $20B+ and $1.5B in dividends
— Today, owns 13% of BAML… https://t.co/3MtMRleesn https://t.co/0EDqLgVIBB

The Spotlight Effect, explained https://t.co/o9TezCCH0b

We break down The Spotlight Effect and 5 other ideas that changed our lives in the latest NIA podcast 

YT: https://t.co/yjfXnJvnAi

"Show, don't tell" is a golden rule in writing.
 
The concept is attributed to playwright Anton Checkhov, who said "Don't tell me the moon is shining; show me the glint of light on broken glass."

I wrote about how Ted Lasso uses the technique very well. https://t.co/2op7aoq7DY

Can ChatGPT do the “show, don’t tell” technique? Here’s one attempt via @arthcmr. https://t.co/juxTrCvUIP

Hotels, explained https://t.co/kS9WcMZhGQ

For more travel tips, check out my Europe Michelin experience: https://t.co/KIzdWZ2EoR

People are disputing the $20 water bottle charge. Whatever the markup is, just know that is costs $0.05 for a 500ml bottle of water. Which means even a $2 bottle is easily one of the greatest markups in business history: https://t.co/0jIxAP7CTr https://t.co/zEc2Vnc4Ac

After coding non-stop for the past 24 hours**, GPT-4 is now available in https://t.co/5TAEY6T3aK.

**My co-founder did all the coding while I sent banger memes and got 10hr of sleep

For real though, thank you @pnegahdar for grinding the GPT-4 integration so fast:  https://t.co/kDXsds2tKd

Me helping my technical co-cofounder integrate GPT-4 into @bearlyai https://t.co/dJdpNVQd55

A Canadian PE firm called Ethical Capital Partners (ECP) just acquired MindGeek, the parent company of Pornhub. 

If you're wondering whether the deal's press release includes the phrase "Unlocking shareholder value through state-of-the-art tech and IP investments", it does: https://t.co/k0fXi6TQVP

We get it, porn drive tech innovation: https://t.co/N7dxinxEaI https://t.co/N4v4Lxu1jr

Since cave-man days: https://t.co/AGag4jau8K https://t.co/bBAvPqiNAC

Did Red Bull write this? https://t.co/RIriLYZ8I6

To be clear, the researcher does not actually recommend drinking more coffee, “which was not the purpose of this study”.

I’m ignoring this researcher and 10x-inf my caffeine content: https://t.co/9P4cc4kthW https://t.co/3uKO7xvGmc

Wouldn’t be the first out-there Red Bull marketing tactic https://t.co/U0TjV5PgIK

Ryan Reynolds took a ~25% stake in Mint Mobile in 2019 and became its main pitchman.

T-Mobile just bought Mint for $1.35B, valuing his stake at $340m. Not bad for 4 years of pitching. https://t.co/AmcQO9Io3v

Reynolds similarly took a minority stake in Aviation Gin in 2018, which was then acquired by Diageo for $610m in 2020.

Two massive flips in a few years. Reynolds is crushing content/commerce model, which I wrote about here: https://t.co/9QlZJEWKKz

Back when the deal Mint happened, I made a very speculative guess that Mint was only worth $15m based on comparable MVNOs.

Also not clear if he bought (or more likely) given stake in exchange for pitching. 

I was massively wrong or Reynold had huge impact on subs (or both): https://t.co/UT9cJ6jVQd

Either way, he’s a Canadian (and Vancouver) legend. More on the deal here: https://t.co/POtCKt3uki

And if you want to read stuff from another Vancouver native that has ZERO massive exits, check out my newsletter: https://t.co/dUm3cB2axY

One more note: T-Mobile’s $1.35B deal is for Mint’s parent company Ka’ena (which also owns Ultra Mobile and Plum Mobile). 

Guessing Mint is still majority of Ka’ena, which would put Reynolds haul in the $150m-200m range: https://t.co/5lc8GQYd67 https://t.co/hzZY1PjMX9

Not Investment Advice (NIA), Ep 103

Answered questions about which ideas that: 

— most changed our lives 
— we changed our minds on 
— we can’t stop thinking about right now 

Check it out: https://t.co/yjfXnJvnAi https://t.co/4gEwJ4AIYj

All these bangers come up on this search https://t.co/gtNtL5SyAq

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