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Invest Like the Best with Patrick O'Shaughnessy
Elad Gil – How to Identify Interesting Markets - [Invest Like the Best, EP.101]
Invest Like the Best with Patrick O'Shaughnessy

Elad Gil – How to Identify Interesting Markets - [Invest Like the Best, EP.101]

Colossus | Investing & Business Podcasts 39m 93 months ago
Conversations with the best investors and business leaders in the world. We explore their ideas, methods, and stories to help you better invest your time and money. Hear stock market and boardroom insights you can't find anywhere else. If you're a professional investor, CEO, entrepreneur, or business strategist, this is for you. Explore all our episodes and learn more at https://www.colossus.com
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My guest this week has a fascinating background. He has a PhD in biology but has split his time as both an investor and an operator. As an investor, he’s involved in companies like Airbnb, Coinbase, Instacart, Opendoor, Stripe, Square, and Pinterest—not too shabby. As an operator, he helped both Google and Twitter scale their businesses, in the case of Twitter from 100 employees to 1500 over two years. He’s just written a book about these experiences called the High Growth Handbook. 
Our talk centered on what makes for a good investment and more specifically how Elad identifies an interesting market. Operators and early stage investors will find lots of nuggets in this fun conversation. Please enjoy. 
For more episodes go to InvestorFieldGuide.com/podcast.
Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub.
Follow Patrick on Twitter at @patrick_oshag
 
Show Notes
(First Question) – Process for evaluating a young business
– Andy Rachleff Podcast Episode
– Data factors for evaluating a business
– Reference checks
– Advice for companies that are reliant on product cyclicality
– Where to Go After Product-Market Fit: An Interview with Marc Andreessen
– High Growth Handbook
Lessons learned from marketing and growing companies
– How do you hire the best people to improve your distribution
– How does he think about lifetime customer value vs customer acquisition cost
– Should companies just focus on the high margin power users
– Best ways to organize a company hierarchy
– His interest and background in the area of longevity research
– Changes he has made in his own life as a result of this longevity research
– Most effective use of a CEO’s time
– How he evaluates or identifies interesting markets for potential businesses
– Any markets that fit his criteria that are underappreciated by investors
– Worst practices for businesses
– Kindest thing anyone has done for him
– What would be the topic of his next book
– Biggest lessons he’s learned about markets
 
Learn More
For more episodes go to InvestorFieldGuide.com/podcast. 
Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub
Follow Patrick on twitter at @patrick_oshag

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