To succeed, a founder must identify the single most critical function for their business (e.g., marketing for D2C). Then, they must either be a world-class expert at "figuring it out" themselves or become a world-class recruiter to hire the person who is. There is no other path.
G Fuel grew to $100M in sales by partnering with Twitch streamers. They realized that while these influencers had smaller follower counts than mainstream celebrities, their audience's depth of trust was immense and their influence was underpriced by traditional brands.
A truly great employee is 10 to 100 times more valuable than an average one, but they will never cost 10 to 100 times more in salary. This massive gap represents one of the biggest arbitrages in business. The entire game is to find these individuals and pay the premium without hesitation.
Many entrepreneurs pursue ideas from the previous tech cycle (e.g., social media in 2014) because they feel safe and proven. However, in venture-backed markets with winner-take-all dynamics, this is a losing strategy as the opportunity has already passed and the market is saturated.
Attempting to build 'another Airbnb' years after the original has proven successful is a flawed strategy. In venture capital-fueled markets with strong network effects, the winner achieves 'runaway escape velocity,' making it nearly impossible for later entrants to compete effectively.
TBPN's founder declined an invite to a prestigious camp with top founders to avoid breaking momentum on his new project, which at the time was just a Twitter account. This "great lock in" demonstrates the underrated power of relentless, focused execution in the critical early days of a venture.
Unlike traditional podcasts that use clips to promote a long-form show, TBPN treated the clips as the primary product. Their multi-hour livestream was a "farming exercise" designed to generate 20+ pieces of short-form content daily for distribution on platforms like Twitter.
A massive, anticipated launch like a new Grand Theft Auto game creates a temporary but lucrative economy. Entrepreneurs can build businesses around content, mods, tools, guides, and in-game item sales, capitalizing on the guaranteed surge of attention before the window closes.
William Randolph Hearst built his media empire by "collecting" top talent. His strategy was to personally recruit promising writers, pay them significantly above market rate, and take institutional responsibility for their controversial work, thereby earning their loyalty and empowering them to be bold.
TBPN's founder had a successful YouTube channel getting millions of views but abandoned it because it wasn't fulfilling. He then started TBPN, which had far lower viewership initially. The enjoyment of the work sustained him through the dip, ultimately leading to a much larger outcome.
OpenAI's acquisition of media company TBPN doesn't make sense for user growth, as ChatGPT's audience is orders of magnitude larger. The rationale is likely strategic: gaining in-house media talent to shape public perception of AI, a technology facing significant public backlash.