Hans Tung funded 16 unicorns: Billion dollar war stories and hard lessons learned

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  • Опубликовано: 2 окт 2024

Комментарии • 146

  • @derek2930
    @derek2930 4 года назад +147

    Garry produces great content.

    • @GarryTan
      @GarryTan  4 года назад +4

      Thank you for watching!

    • @nanami73_
      @nanami73_ 4 года назад +4

      that is an understatement. worth at least a tuition.

    • @barnetkaunda415
      @barnetkaunda415 4 года назад +1

      And best part of it all... He just comes off as authentic and original in his contents. That's a +

    • @Skateboardshopusa
      @Skateboardshopusa 3 года назад

      What's a good email?
      We are a startup tech co. I would Love to get your opinion on our deck?
      MARYLYNNSD@GMAIL.COM

  • @abhaybhardwaj6173
    @abhaybhardwaj6173 3 года назад +47

    This content is absolutely priceless.......most underrated channel on RUclips.
    Keep up the good work man!!

    • @GarryTan
      @GarryTan  3 года назад +1

      Much appreciated!

  • @johnhernandezgagero2191
    @johnhernandezgagero2191 4 года назад +63

    "Build something 100 people love, not something 1 million people kind of like."

  • @daveanton9139
    @daveanton9139 3 года назад +1

    Absolutely, the most underrated channel on RUclips. This content is incredible.

  • @andreac9694
    @andreac9694 4 года назад +24

    Every time I watch an interview in the startup space and tech space of very successful people, what impresses me the most is this atmosphere for respect and the positivities between parties.
    It's a very refreshing break from reality, and it shows that to be nice and helpful to people pays it off in the long run. Great content as always. Thank you very much.

  • @Motivation2Invest
    @Motivation2Invest 3 года назад +1

    Thanks Garry, This is GOLD! 👏

  • @fredguoqiang9948
    @fredguoqiang9948 3 года назад +1

    Hans sounds sharp and articulate his thoughts really well. It is really insightful with those golden nuggets. Garry ask really good questions to provoke Hans thoughts as well. Good interview!

  • @willchhun6860
    @willchhun6860 3 года назад +1

    Half an hour worths millions of dollar advice. Thanks Garry!

  • @notablecapital
    @notablecapital 3 года назад +22

    We love this interview (we're also biased) - thanks for doing these, Garry!

    • @GarryTan
      @GarryTan  3 года назад +1

      Proud to be partners with you on Shelf Engine!

  • @davidkuo5702
    @davidkuo5702 3 года назад +2

    thank you @GarryTan for another amazing RUclips video. The interview shared so much in depth knowledge and insight for founders and investor. I especially enjoyed so much about 2 section of the talk:
    (1) founder commonality: this is one of the favorite to learn about the common traits among amazing founders from both the East and West.
    (2) concept of cycle/iterative: where some founder may fail or not yet success on the 1st wave/cycle of innovation/disruption, but able to stick on and success on the 3rd or 6th wave.
    Thank you so much Garry, this is much wonderful learning experience!!

  • @jaimeaoyagi9352
    @jaimeaoyagi9352 3 года назад +16

    Every day at lunchtime, I watch one of Garry's videos. Having a meal + watching great Startup content, priceless! Thanks Garry!

  • @mahi24able
    @mahi24able 3 года назад +1

    Garry, thank you so much for uploading such a valuable content free on internet :)

  • @userfrommars789
    @userfrommars789 4 года назад +3

    Came here after Marina Mogilko's recommendation and didn't regret, great insights! Thank you Garry and keep on going, I am sure you will impact lots of folks here

  • @marioacosta1842
    @marioacosta1842 3 года назад +2

    Hey Gary thank you for your content! Really valuable.

  • @anupkrishnamraju5647
    @anupkrishnamraju5647 4 года назад +15

    Garry - great interview. Hans briefly mentions Peter Thiel as one of your mentors in the beginning of the interview. Curious to hear your thoughts on how to seek mentorship and the importance of mentorship, especially in tech. A lot of us are early on in the industry, and having the right guidance feels critical as you traverse through your career.

    • @GarryTan
      @GarryTan  4 года назад +14

      TBH I never really tried to have a mentor. I just followed people I thought were doing smart things and worked in their companies and that opened doors for me. Like working for Paul Graham at YC early on.

  • @ThePanda223
    @ThePanda223 4 года назад +24

    It's simple interviews like this that change a person's life. We may seriously consider launching our web-app in asia first now. Thanks!

    • @GarryTan
      @GarryTan  4 года назад

      Thanks for your comment A P!

    • @mustafcode
      @mustafcode 3 года назад +1

      Good luck ! Looking forward to the success story 🙏🏽

  • @cryptopiggie5228
    @cryptopiggie5228 3 года назад

    this is the best youtube channel that i dont wanna miss every part of it

  • @mislavjuric9775
    @mislavjuric9775 4 года назад +5

    Loved the insights Garry! The #1 for me was how when you build a business on top of an existing platform's API you can grow. That's something that stuck with me. Thank you for providing this awesome content!

    • @GarryTan
      @GarryTan  4 года назад +1

      Thanks for your note Mislav!

  • @adavidov
    @adavidov 4 года назад +15

    Gary, really valued this interview series with Hans. Both the questions and answers were thoughtful, illuminating, and extremely valuable. Thank you.

    • @GarryTan
      @GarryTan  4 года назад

      Thanks for watching!

  • @GChief117
    @GChief117 3 года назад

    Phenomenal, gives one a sense of hope!

  • @anthonydeguzman5103
    @anthonydeguzman5103 4 года назад +12

    I like how you give your interviewee's plenty of space to talk. Lots of insight here.

    • @GarryTan
      @GarryTan  4 года назад +5

      I’m just a facilitator! They have so much that is interesting to say.

  • @chenxianming
    @chenxianming 4 года назад +1

    Amazing episode by amazing VCs 👍

    • @GarryTan
      @GarryTan  4 года назад

      Thanks for watching mr daming!

  • @pinakidas3861
    @pinakidas3861 3 года назад

    just wow !

  • @yavormihailov4462
    @yavormihailov4462 3 года назад

    Great content, very practical and useful!

  • @ragheel
    @ragheel 3 года назад +6

    how is practical advice like this free?! Garry, your videos are so much more valuable to me than my university degree.

  • @jonyeazel
    @jonyeazel 4 года назад +8

    One of the most underrated youtube channels out there.

  • @DL-gx5cr
    @DL-gx5cr 3 года назад

    The section on great founders was first-rate. Really, all of this was super insightful! Thanks @garryTan

  • @kenmooso
    @kenmooso 4 года назад +1

    Thanks 🙏🏼 once again

    • @GarryTan
      @GarryTan  4 года назад +3

      Thanks for watching Ken! I'm trying to stick with weekly. It's hard!

  • @Yuri_Ukraine
    @Yuri_Ukraine 4 года назад +2

    Garry, thank you for putting together such a great content and for sharing your wisdom! Are you investing in companies with a single founder? Or you require to have 2 and more co-founders?

  • @James_C_Park
    @James_C_Park 3 года назад +4

    Thank you always, this is amazing! It seems like every amazing person is related to Stanford, even tho I can't go to any top elite school because of my GPA right now as a Sophomore in High, do you think I could still do anything related to this field such as startup even without going to a top university?

    • @GarryTan
      @GarryTan  3 года назад

      Yes going to a top university helps but it’s more important to actually be hard working and smart than it is to look like you are.

  • @danielm3977
    @danielm3977 4 года назад +1

    Thank you Gary , time 9:51 , Hans talked about "universal principles" , What are these principles? Really love to hear more about them

    • @GarryTan
      @GarryTan  4 года назад +1

      Haha you'll have to ask Hans on Twitter. Personally I am a big fan of Ray Dalio's Principles book.

  • @MikeWilliamsYoroomie
    @MikeWilliamsYoroomie 4 года назад +5

    I mean wow, SO much packed into this one and Hans track record is incredible!

    • @GarryTan
      @GarryTan  4 года назад

      Thanks so much Mike!

  • @javiercaceres2103
    @javiercaceres2103 3 года назад +3

    Great content and influence. This wisdom is pure gold.

  • @nqatha2229
    @nqatha2229 2 года назад +1

    Thanks for this great content.
    16:14, automation in the food industry; I'd want to hear more. Is this discussed further in any other talk? Or if possible, please cover it some more.
    Thanks

  • @gbengaogun
    @gbengaogun 3 года назад +2

    Hans Tung just blew my mind. Oh wow! Such insightful session!

  • @voyam
    @voyam 3 года назад +3

    I lifetime of mistakes, successes and learnings in 30 minutes... Amazing content!

  • @javiercaceres2103
    @javiercaceres2103 3 года назад +2

    Garry, I just have discoved your chanel. I am learning about this innovation industry. Hi quality content and masterclases.

  • @dianakanlee
    @dianakanlee 2 года назад +1

    Thank you for this Garry and Hans, it was so informative and inspiring 🥰

  • @colleenthaliajamias2874
    @colleenthaliajamias2874 4 года назад +5

    That was inspiring and informative

    • @GarryTan
      @GarryTan  4 года назад +1

      Glad it was interesting!

  • @lawrenceharrison6934
    @lawrenceharrison6934 3 года назад +1

    Nice video!! Very engaging from beginning to end. Nevertheless, businesses and investment are the easiest way to make money irrespective of which party makes it to the oval office.
    The 2020 Real estate investment is good but i rather invest my money in crypto

  • @gibsonhan1323
    @gibsonhan1323 4 года назад +1

    This is GOLD content and resource. Especially 31:24. "There are many different path to Rome"

  • @pauloamposta4429
    @pauloamposta4429 2 года назад +1

    Underrated content

  • @ashvanths3214
    @ashvanths3214 3 года назад +1

    Amazing insight and a beautiful conversation

  • @channingmccarthy6189
    @channingmccarthy6189 3 года назад +1

    I love the content. Would it be possible to do some videos on how to break into VC coming from a Product and (or) Tech background?

  • @tommyyzhao
    @tommyyzhao 3 года назад

    "...that's what great founders do. They don't start companies, they start movements."

  • @jasonkeem
    @jasonkeem 3 года назад +2

    Thank you for this! It's incredible to be able to listen to the insights and perspectives of two very experienced professionals for free. Working in a hyper growth start up, I'm constantly trying to expose and insert myself more in the operational conversations and interactions between leadership as well as investors (VCs, PEs, etc.). Being in FP&A, I'm luckily afforded a bit more interactions than many of my colleagues but I'm still not in all the closed door conversations so it's great to get insight and at least a peek into how VC partners are thinking. Someone in the comments mentioned about mentorships - how do you or your guests feel about mentoring others? Do you formally or informally mentor others? It's especially inspiring seeing Asian Americans leading the way in technology and investments and something I'm proactively looking for as at least in the Boston tech scene, we're still quite underrepresented and disconnected.

    • @GarryTan
      @GarryTan  3 года назад

      Find people you respect and help them. I think looking for Mentorship is overly self centered. The world needs outward facing people who want to contribute to others and their goals.

  • @ECOMMUSK
    @ECOMMUSK 3 года назад +1

    Wow, how did I just discover this channel only recently?

  • @cookiecrumb4694
    @cookiecrumb4694 3 года назад

    I'd like to know where to find these types of investors when a company is ready..

  • @mark-h3e5u
    @mark-h3e5u 3 года назад +1

    This is fantastic content, thanks for pioneering this type of content.

  • @foodnfun169
    @foodnfun169 4 года назад

    Hello Gary after completing one year of research and finding human behavior and it’s nature. I came up across your videos for a while now.. all the homework and blue print done. Spending tons of search for right partner to join with me along some funding.. I am still on positive side even though my foundation task is not completed. I know there is a day especially made for me in near future and eventually will get all resources.
    Any suggestions how can I come up with funding as I need to build world class website and some other business expenses?
    Able to manage and reserve customers services team and dev team on place. Just waiting to give them execution Signal as soon as back up fund arranged.
    I am building something never been exist before that’s the reason it took me one year on field..
    Your suggestion would be really appreciated 🙏

  • @realfire9614
    @realfire9614 4 года назад +1

    Why do all of these people always go to Stanford or some other up-scale college?

    • @GarryTan
      @GarryTan  4 года назад +2

      Because the world mistakes signifiers for that which is signified. It's a compression algorithm. Credentials are a real problem/need for a world of scarcity.

  • @RayChenUSA
    @RayChenUSA 3 года назад +1

    Awesome interview

  • @TheJelloash
    @TheJelloash 3 года назад

    what CAN you expect with 5G in AR/VR that are going to change user experiences entirely?

  • @GiulianoGiacaglia
    @GiulianoGiacaglia 4 года назад +2

    This was a great interview!!! Thanks for this video! Your videos are always amazing!!! 🙌

    • @GarryTan
      @GarryTan  4 года назад

      Glad you enjoyed it!

  • @founderkatelyn
    @founderkatelyn 4 года назад +1

    these interviews remind me of yc dinners but so much more accessible wowww 🔥🔥🔥

  • @diasspider
    @diasspider 4 года назад +1

    Great interview, energizing and brings future closer!

  • @bmfsports2490
    @bmfsports2490 4 года назад +4

    Great person to interview

    • @GarryTan
      @GarryTan  4 года назад

      Thanks for watching. Hans is amazing!

  • @taylor-johnston7
    @taylor-johnston7 9 дней назад

    The content you share are inspiring.

  • @wengyan
    @wengyan 4 года назад +2

    Awesome content Garry. What is your thought on the emerging agritech especially during this pandemic outside of US and China

    • @GarryTan
      @GarryTan  4 года назад +1

      There's so much of the world that hasn't been digitized yet. Software is going to make all of it better/faster/cheaper.

    • @wengyan
      @wengyan 4 года назад

      @@GarryTan is there anyway i can get in touch with you. I need some advice on a some startup. Currently working at 2 different startup. One growth is stagnant for the past year. Burning rate can last another 12 months. The other just started. Any help or words of wisdom is truly appreciated.

  • @Moh_Azeez
    @Moh_Azeez 4 года назад +3

    Is Hans an active investor still?

  • @beastsingh6366
    @beastsingh6366 3 года назад +1

    The most underrated channel on RUclips

  • @adrianccole
    @adrianccole 4 года назад +1

    Gary needs an extra 00 to the subscribers.. Mucho great content.

    • @GarryTan
      @GarryTan  4 года назад +1

      Thanks Adrian! Subs may take time and I’m for a pretty niche audience :-)

    • @adrianccole
      @adrianccole 4 года назад

      @@GarryTan I agree. But your content is high quality and your audience is too. So I think numbers in this instance don't really matter. Unless that's tied to your goals. I think you'll attract high quality founders which will be great for your fund too.

  • @queuebit
    @queuebit 4 года назад +1

    Thanks for sharing your conversation with Hans, Garry.
    I had just finished The Next Billion Podcast episode where you were the guest for GGV. -- nextbn.ggvc.com/podcast/s2-ep-19-garry-tan-of-initialized-saying-no-to-peter-thiel-engineer-turned-investors/
    ----
    ### Some great takeaways for me:
    - 15:52 - Food tech opportunities in the US to take advantage of opportunities where American Exceptionalism / "it isn't broken" can be replaced by automated food tech "systems" coming from China
    - 21:40 - Having a longer term perspective by participating in each successive wave, rather than giving up if you failed or "missed the boat" with the first few waves of innovation
    - 31:24 - Innovate on a 10 year horizon not just 12 months and having the vision and patience to leverage a superpower of learning from others' mistakes rather than having to make them all on your own first

    • @GarryTan
      @GarryTan  4 года назад

      Appreciate your timestamps as always queuebit!

    • @queuebit
      @queuebit 4 года назад

      ​@@GarryTan You made my "job" so much easier by doing your own.
      I am really enjoying the chapter feature in RUclips.
      I am spending more time thinking about the content and what it means.

  • @patrickjaymorales6815
    @patrickjaymorales6815 3 года назад

    I learned a lot!! I am from a 3rd world country Philippines. I only know one unicorn that we have and that is "revolutiom precrafted".
    I want to start my start-up in the near future.
    This help so much!!

  • @Riversidefm
    @Riversidefm 4 года назад +1

    Amazing interview!

    • @GarryTan
      @GarryTan  4 года назад

      Thank you Nadav!

  • @mr.Sickboy
    @mr.Sickboy 4 года назад +22

    " Smart people learn from their mistakes, Ruling town people learn from other people's mistakes" - Vow, that blew my mind. Thanks for sharing your wisdom Sir

  • @dawidwtorek
    @dawidwtorek 3 года назад

    Ok but have many startups did he fund in total.

  • @marioacosta1842
    @marioacosta1842 3 года назад

    Had to type you another comment, this was amazing! They should teach this in schools.

  • @imziminhas
    @imziminhas 4 года назад +1

    Awesome content Garry, thanks for putting this up.

    • @GarryTan
      @GarryTan  4 года назад

      Glad you enjoyed it

  • @egdapo
    @egdapo 3 года назад

    13:45. Word to the wise!

  • @mickeylu2001
    @mickeylu2001 3 года назад

    Learned so much
    Thanks you so much for the content 🙏

  • @LifeofWalts
    @LifeofWalts 4 года назад +1

    Thank you Garry, awesome content!

    • @GarryTan
      @GarryTan  4 года назад +1

      Thanks for watching Walt!

  • @johnmaverick7193
    @johnmaverick7193 3 года назад

    Nice

  • @isaacmichaels1653
    @isaacmichaels1653 4 года назад +2

    Awesome interview

    • @GarryTan
      @GarryTan  4 года назад +1

      Thanks for watching Isaac!

  • @zein6899
    @zein6899 3 года назад

    What camera do you use for your videos Garry?

  • @gregoriohb
    @gregoriohb 10 месяцев назад

    Garry, correct me if I'm wrong. I found very intriguing that a guy who founded 16 billion dollar company "only" have a fortune estimated between 30 e 300 million dollars. Definity not a billionare, yet. What gives?

    • @GarryTan
      @GarryTan  7 месяцев назад +1

      Funded.
      VCs make money but it is nothing compared to founders who own 100% of their businesses at the start.

    • @gregoriohb
      @gregoriohb 7 месяцев назад

      @@GarryTan Thank you, you did correct me. English is not my first language.

  • @DemyanLavor
    @DemyanLavor 3 года назад

    Amazing information 💎❤️💎

  • @shh1909
    @shh1909 3 года назад +1

    I see great content, I hit subscribe.

    • @GarryTan
      @GarryTan  3 года назад

      Thank you Sachin!

  • @richardcao6297
    @richardcao6297 4 года назад +2

    Love it!

    • @GarryTan
      @GarryTan  4 года назад +1

      Thanks Richard! really appreciate you watching

  • @ernestosampson9533
    @ernestosampson9533 3 года назад

    Do you have a podcast?

    • @GarryTan
      @GarryTan  3 года назад

      Haha this is my podcast

    • @ernestosampson9533
      @ernestosampson9533 3 года назад

      @@GarryTan On Spotify!! Sorry hahaha. Nice content btw!

  • @jonathandedios7438
    @jonathandedios7438 3 года назад

    Very insightful.

  • @itsyourtoy
    @itsyourtoy 3 года назад

    This was such a legit interview.

  • @edmundsim6251
    @edmundsim6251 3 года назад

    If only Gary is my Mentor.

  • @jeffhines6899
    @jeffhines6899 4 года назад

    Look at The Movie Studio mves

  • @andio310
    @andio310 3 года назад

    very underviewed video

  • @jasson7145
    @jasson7145 4 года назад

    Hi Garry, Thank you for the great content!! May I ask if you still help reviewing the YC Application 😬?

    • @GarryTan
      @GarryTan  4 года назад +1

      Shoot sorry I am a bit overwhelmed and can't at this time.

    • @jasson7145
      @jasson7145 4 года назад

      Garry Tan no problem! Thank you!

  • @mayurdugar03
    @mayurdugar03 4 года назад

    Garry! I love the way you approached the conversation. Really insightful. Hope to get to meet you someday :)

    • @mayurdugar03
      @mayurdugar03 4 года назад

      Even Hans! Thanks for sharing those Insights.. much appreciated :)

    • @GarryTan
      @GarryTan  4 года назад

      Appreciate your note and thanks for watching!

  • @kogantivijay
    @kogantivijay 3 года назад

    Excellent content

  • @maxst-laurent5521
    @maxst-laurent5521 3 года назад

    so good wow

  • @arunsaini208
    @arunsaini208 4 года назад +1

    Great

    • @GarryTan
      @GarryTan  4 года назад

      Thanks for watching

  • @briansekandi6280
    @briansekandi6280 3 года назад

    This was a great video, learned a lot!

    • @GarryTan
      @GarryTan  3 года назад +1

      Glad to hear it!

  • @josephwong2832
    @josephwong2832 4 года назад

    Awesome interview!

    • @GarryTan
      @GarryTan  4 года назад

      Thanks for watching!

  • @Alphfirm
    @Alphfirm 3 года назад

  • @aks9545
    @aks9545 4 года назад

    Great video as always man

  • @BizLytInteractive
    @BizLytInteractive 11 месяцев назад