My First MillionSep 19, 20231h 6m38.5K views

Brainstorming +$1M Business Ideas With Soylent's Co-Founder | ft. John Coogan (#496)

Name: Brainstorming +$1M Business Ideas With Soylent's Co-Founder | ft. John Coogan (#496)
Uploaded: 2023-09-19
Duration: 1 h 6 min 25 s
Description: John Coogan (Soylent co-founder, Lucy co-founder, Founders Fund EIR) on the most underrated creator-business, working with Peter Thiel and Keith Rabois, why lifestyle businesses are worthless (his position), and three brainstormed ideas: a creator-owned VPN, an ammunition rollup, and a 'Lensa for ChatGPT' (an AI-wrapper product). Closes on why AI wrappers are great businesses.

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Synopsis

John Coogan (Soylent co-founder, Lucy co-founder, Founders Fund EIR) on the most underrated creator-business, working with Peter Thiel and Keith Rabois, why lifestyle businesses are worthless (his position), and three brainstormed ideas: a creator-owned VPN, an ammunition rollup, and a 'Lensa for ChatGPT' (an AI-wrapper product). Closes on why AI wrappers are great businesses.

Ideas in this episode

ChatGPT-wrapper consumer MVP
John Coogan's 'Lensa for ChatGPT' brainstorm frames AI-wrapper products as strong businesses when they turn a broad model into a specific user experience with clear positioning and distribution.
Service business roll-up
John Coogan (Soylent co-founder) brainstorms three ideas including an ammunition rollup and a 'Lensa for ChatGPT' AI wrapper, framing AI wrappers as great businesses alongside PE roll-ups.