Cyan Banister (@cyantist) is a normal accomplice at Lengthy Journey Ventures, an early-stage enterprise capital agency centered on early and new investments. Cyan was an early investor in Uber, SpaceX, DeepMind, Flexport, and Affirm and has invested in additional than 100 firms. Previous to that, she was at Founders Fund, a top-tier fund in San Francisco. Subscribe to Cyan’s Substack at uglyduckling.substack.com.
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#780: Cyan Banister — From Homeless and Broke to High Angel Investor (Uber, SpaceX, and 100+ Extra)
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Need to hear one other podcast episode with a world-class investor? Have a hearken to my most up-to-date dialog with Oaktree Capital Administration’s co-founder Howard Marks, during which we mentioned navigating unprecedented uncertainties, crowded versus uncrowded alternatives, the state of the American economic system, discovering higher-signal sources of knowledge, and way more.
What was your favourite quote or lesson from this episode? Please let me know within the feedback.
SELECTED LINKS FROM THE EPISODE
- Join with Cyan Banister:
- The Ugly Duckling by Cyan Banister | Substack
- Early Stage Investing for the Lengthy-Time period | Lengthy Journey Ventures
- What Occurred to the Future? | Founders Fund
- Cyan: The Enlightenment of an Iconoclast | Cloud Valley
- Navajo Nation | Go to Arizona
- Flagstaff | Go to Arizona
- Science and Expertise on a Mission | Lawrence Livermore Nationwide Laboratory
- I Swear to Inform the Reality, the Complete Reality and Nothing however the Reality. So Assist Me God. | The Ugly Duckling
- Pleased Tastes Good | Dairy Queen
- What’s a Ward of the State in Arizona? | JacksonWhite Regulation
- Joyriding with the Gutter Punks | The Ugly Duckling
- Finest Meals for When You’re Homeless and Can’t Prepare dinner? | r/Mealprep
- Trying to find Household and Dwelling with Cuddles | The Ugly Duckling
- Commune Life | The Ugly Duckling
- Hitchhiking with Jesus | The Ugly Duckling
- The Battle of Intentions and Beliefs | Spencer Chang
- Money for Trend | Buffalo Change
- The Dharma Bums by Jack Kerouac | Amazon
- Crass | Tough Commerce Publishing
- Eastside Information: An Oral Historical past of Tempe’s Legendary Report Retailer | Phoenix New Occasions
- Web Relay Chat (IRC) | Wikipedia
- The UNIX System | UNIX.org
- Circumstances | Harvard Enterprise Publishing Training
- The Story of Uber | Investopedia
- Take a Have a look at Uber’s First Pitch Deck from 2008 | Vox
- New York’s Yellow Taxi Medallion Disaster, Defined | Documented
- The Profession of Uber’s First Worker and CEO Was Launched by One Tweet | Enterprise Insider
- About | The Foyer Convention
- Crimson Swoosh | Wikipedia
- Open Angel Discussion board | Wikipedia
- A Quick Historical past of Napster | Lifewire
- Behind the 12-12 months-Outdated Wii Sports activities Hoax That Briefly Fooled the Web | Ars Technica
- Pokémon GO | Niantic, Inc.
- A Worldwide Territory Management AR Recreation | Ingress
- PokéStop | Pokémon GO Wiki
- Construct, Lead, Make investments | AngelList
- Water with True Fruit Taste | Trace Water
- Ai-First Service. Catered To People. | Zendesk
- Security for Each State of affairs | Flock Security
- GameCrush | Wikipedia
- Interactive Livestreaming | Twitch
- MySpace — What Went Flawed: ‘The Website Was a Large Spaghetti-Ball Mess’ | The Guardian
- Activist Investor: Definition, Position, Largest Gamers | Investopedia
- Icahn: The Stressed Billionaire | Prime Video
- This Recreation Present App Was an In a single day Sensation, and Crashed Simply as Quick | CNN Enterprise
- Recreation of Thrones | HBO
- Recreation of Thrones: Do Lannisters At all times Pay Their Money owed? | Science Fiction & Fantasy Stack Change
- Selling Options for Future Generations | Greenpeace Worldwide
- Be Not Afraid | Hereticon
- Remodeling Protection Capabilities with Superior Expertise | Anduril
- “Any Sufficiently Superior Expertise Is Indistinguishable from Magic.” | CCCB LAB
- Chatham Home Rule | Chatham Home Worldwide Affairs Assume Tank
- Why Did OnlyFans Work When Zivity Did Not? A Thread. | Cyan Banister, Twitter
- Common Magic | Wikipedia
- Common Magic (Documentary) | Prime Video
- Tony Fadell — On Constructing the iPod, iPhone, Nest, and a Lifetime of Curiosity | The Tim Ferriss Present #403
- Collectable Classic Playboys | Elizabeth’s Bookshop
- SuicideGirls | Wikipedia
- Cyan Banister: Adults Solely Startups Deserve Respect Too | Forbes
- I Did It, with a Boy. | The Ugly Duckling
- The Taj Mahal Story | Taj Mahal
- The Magic Glasses by Frank Harris | Amazon
- My Life & Loves by Frank Harris | Amazon
- Totally different Forms of Plaid: A Information to Plaid Sample Names | Whats up Stitching
- When Polka Dots Sign Each Optimism and Disquiet | The New York Occasions
- A Cube Experiment | Cyan Banister, Twitter
- Choice Fatigue | The Choice Lab
- Open to the Public 365 Days a 12 months! | Pioneertown
- The World’s Biggest Roleplaying Recreation | Dungeons & Dragons
- Penn Jillette on Magic, Dropping 100+ Kilos, and Weaponizing Kindness | The Tim Ferriss Present #405
- Random by Penn Jillette | Amazon
- The Phantasm of Free Will | Sam Harris
- 7-in-1 Spinner DND Cube Set | Amazon
- The Cult of Crowley | Tidal Journal
- What’s Magic? Aleister Crowley Explains | Faena
- Magick in Idea and Apply by Aleister Crowley | Amazon
- Leaves of Grass by Walt Whitman | Amazon
- Unusual Lifetime of Ivan Osokin by P.D. Ouspensky | Amazon
- Groundhog Day | Prime Video
- Caddyshack | Prime Video
- What About Bob? | Prime Video
- The Man Who Knew Too Little | Prime Video
- Damaged Flowers | Prime Video
- The Razor’s Edge | Prime Video
- The Razor’s Edge by W. Somerset Maugham | Amazon
- Ghostbusters II | Prime Video
- The Invoice Murray Tales: Life Classes Realized From a Legendary Man | Prime Video
- The Invoice Murray Tales: Life Classes Realized From a Legendary Man | Gravitas Ventures
- It Simply Doesn’t Matter (Clip) | The Invoice Murray Tales
- What Precisely Is a Kundalini Awakening? | Yoga Journal
- American Magnificence | Prime Video
- What Is Dural Venous Sinus Thrombosis (DVST)? | Healthline
- Richard Schwartz — IFS, Psychedelic Experiences with out Medicine, and Discovering Internal Peace for Our Many Elements | The Tim Ferriss Present #492
- Tibetan Monks Throat-Singing | Wilderness Movies India
- Telluride Bluegrass Pageant | Planet Bluegrass
- Meditation, Mindset, and Mastery | The Tim Ferriss Present #201
- Parable of the Horse, Carriage, and Driver | The Church of Acutely aware Concord
- Everlasting Recurrence: What Did Nietzsche Actually Imply? | Philosophy Break
- The Insufferable Lightness of Being by Milan Kundera | Amazon
- Beelzebub’s Tales to His Grandson by G.I. Gurdjieff | Amazon
- Frosted Toasted Oat Cereal & Marshmallows | Fortunate Charms
- Boston Celtics | NBA
- Golden State Warriors | NBA
- In The Air Tonight (Official Music Video) | Phil Collins
- Boston’s Finest Sightseeing Tour | Boston Duck Excursions
- The Most Ribbetting Structure in Boston | Common Hub
SHOW NOTES
- [00:06:16] Adolescence and schooling as a white minority on a Navajo reservation.
- [00:11:18] Strained household dynamics and a cycle of neglect.
- [00:18:20] The intervention of Officer Pratt and turning into a ward of the state at 15.
- [00:22:46] Crusty punk survival methods and life on the streets.
- [00:32:02] The optimistic affect of Cyan’s “second” mom.
- [00:34:17] Crass, Chris Collins, and computer systems.
- [00:38:03] An unorthodox path to angel funding starting with Uber.
- [00:48:13] Niantic/Pokemon GO.
- [00:56:27] How stalking Garrett Langley led to a Flock Safety funding.
- [01:00:07] GameCrush, activist buyers, and classes realized.
- [01:07:00] Gross sales classes from the road.
- [01:10:08] A aware strategy to questioning narratives.
- [01:15:35] The pre-OnlyFans story of Zivity.
- [01:24:44] Views on intercourse and relationships.
- [01:28:47] Magic glasses, esoteric rabbit holes, and rolling the cube.
- [01:44:02] How Aleister Crowley and Invoice Murray paved a path to ex-atheism.
- [02:02:21] Cyan’s billboard.
- [02:04:41] Enduring a stroke and its aftermath.
- [02:08:31] Meditation, throat-singing, and philosophy.
- [02:17:50] The Boston religious expertise and duck boat baptism.
- [02:40:53] A e-book within the works, the Ugly Duckling Substack, and parting ideas.
MORE CYAN BANISTER QUOTES FROM THE INTERVIEW
“I’ve at all times felt like an outsider irrespective of the place I’m, and I believe that’s been great and unbelievable for my profession. You’ll be able to definitely take a look at that and have sort of a sufferer mindset about it, however I took the alternative path, which was that is what makes me particular, that I don’t slot in wherever I’m.”
— Cyan Banister
“When you’re homeless, you may by no means be un-homeless. It’s actually unusual. Each time I stroll round at a convention or something, I see all of the waste. I see, if I had been a homeless individual, I might come and I might have this, irrespective of the place I’m at.”
— Cyan Banister
“You must face one thing very ugly, which is your self. You must look inside and see who and what you actually are, after which you need to love your self even whenever you don’t like what you see.”
— Cyan Banister
“When folks used to say follow self-love, I believed it meant go eat bonbons and go see a very good film and smoke a joint. That was self-love. But it surely wasn’t getting me anyplace, and I used to be like, ‘This complete self-love factor is jive. It’s simply not figuring out.’ However I didn’t understand that self-love is studying give your self unconditional love. And one of the best ways I’ve realized give your self unconditional love is think about your self as a ball of sunshine after which take that ball of sunshine and visualize it outdoors of your physique and cradle it prefer it’s a child. Now, whenever you take a look at that child, would you damage that child?”
— Cyan Banister
“We apply plenty of our personal notion to every thing that everybody says round us. We make up tales which are fiction, and plenty of what folks endure with at the moment are these tales, these narratives that we inform ourselves and each other.”
— Cyan Banister
“My objective could be very easy, which is to unfold pleasure, to carry different folks up round me, and to do my finest in my very own approach to finish poverty. Now, I’m not liable for ending poverty. I believe we’re all accountable.”
— Cyan Banister
“Whenever you begin realizing Oh, I’m in a college, and all of those laborious knocks in life are simply classes, you concentrate on them very in another way.”
— Cyan Banister
“We’re only a hair away from being loopy, each one among us.”
— Cyan Banister
“We apply plenty of our personal notion to every thing that everybody says round us. We make up tales which are fiction, and plenty of what folks endure with at the moment are these tales, these narratives that we inform ourselves and each other, and I’ve simply at all times felt like that one thing that somebody stated proper now, it’s not a tough no. You already know whenever you hear a tough no. I do know the distinction between an objection and I simply have a rebuttal for it versus a tough no. And till it’s a tough no, there’s wiggle room to get one thing performed. And so I’ve simply at all times felt this, and it’s attention-grabbing that you just ho[m] ed in on it, however it’s undoubtedly been a guideline in my life, which isdon’t quit. Simply strive totally different approaches. Possibly you didn’t ask the precise approach, or possibly you didn’t give the precise incentives, or possibly it was Monday they usually’re in a nasty temper.”
— Cyan Banister
“My life has solely been improved by taking myself out of the decision-making course of, as a result of I’m the hindrance.”
— Cyan Banister
“We’re all in Earth college, and we inhabit human our bodies, however we’re nothing however an vitality pressure inside them. And that life pressure doesn’t dissipate, and it doesn’t go nowhere. It goes someplace.”
— Cyan Banister
“You’re simply sleepwalking by means of life. And the second you are taking the reins and also you change into the narrator of your personal story, and generally the captain, then that’s when it’s a transformational change.”
— Cyan Banister
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