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

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  • Опубліковано 6 лис 2024

КОМЕНТАРІ • 146

  • @derek2930
    @derek2930 4 роки тому +147

    Garry produces great content.

    • @GarryTan
      @GarryTan  4 роки тому +4

      Thank you for watching!

    • @nanami73_
      @nanami73_ 4 роки тому +4

      that is an understatement. worth at least a tuition.

    • @barnetkaunda415
      @barnetkaunda415 4 роки тому +1

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

    • @Skateboardshopusa
      @Skateboardshopusa 4 роки тому

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

  • @jaimeaoyagi9352
    @jaimeaoyagi9352 3 роки тому +17

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

  • @andreac9694
    @andreac9694 4 роки тому +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.

  • @abhaybhardwaj6173
    @abhaybhardwaj6173 4 роки тому +47

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

    • @GarryTan
      @GarryTan  4 роки тому +1

      Much appreciated!

  • @johnhernandezgagero2191
    @johnhernandezgagero2191 4 роки тому +63

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

  • @daveanton9139
    @daveanton9139 3 роки тому +1

    Absolutely, the most underrated channel on UA-cam. This content is incredible.

  • @anthonydeguzman5103
    @anthonydeguzman5103 4 роки тому +12

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

    • @GarryTan
      @GarryTan  4 роки тому +5

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

  • @notablecapital
    @notablecapital 4 роки тому +22

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

    • @GarryTan
      @GarryTan  4 роки тому +1

      Proud to be partners with you on Shelf Engine!

  • @adavidov
    @adavidov 4 роки тому +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 роки тому

      Thanks for watching!

  • @fredguoqiang9948
    @fredguoqiang9948 3 роки тому +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!

  • @jonyeazel
    @jonyeazel 4 роки тому +8

    One of the most underrated youtube channels out there.

  • @ThePanda223
    @ThePanda223 4 роки тому +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 роки тому

      Thanks for your comment A P!

    • @mustafcode
      @mustafcode 3 роки тому +1

      Good luck ! Looking forward to the success story 🙏🏽

  • @gbengaogun
    @gbengaogun 3 роки тому +2

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

  • @willchhun6860
    @willchhun6860 3 роки тому +1

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

  • @userfrommars789
    @userfrommars789 4 роки тому +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

  • @mr.Sickboy
    @mr.Sickboy 4 роки тому +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

  • @ragheel
    @ragheel 3 роки тому +6

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

  • @davidkuo5702
    @davidkuo5702 3 роки тому +2

    thank you @GarryTan for another amazing UA-cam 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!!

  • @anupkrishnamraju5647
    @anupkrishnamraju5647 4 роки тому +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 роки тому +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.

  • @Motivation2Invest
    @Motivation2Invest 3 роки тому +1

    Thanks Garry, This is GOLD! 👏

  • @beastsingh6366
    @beastsingh6366 3 роки тому +1

    The most underrated channel on UA-cam

  • @mahi24able
    @mahi24able 3 роки тому +1

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

  • @MikeWilliamsYoroomie
    @MikeWilliamsYoroomie 4 роки тому +5

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

    • @GarryTan
      @GarryTan  4 роки тому

      Thanks so much Mike!

  • @voyam
    @voyam 4 роки тому +3

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

  • @dianakanlee
    @dianakanlee 2 роки тому +1

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

  • @javiercaceres2103
    @javiercaceres2103 4 роки тому +3

    Great content and influence. This wisdom is pure gold.

  • @marioacosta1842
    @marioacosta1842 3 роки тому +2

    Hey Gary thank you for your content! Really valuable.

  • @mislavjuric9775
    @mislavjuric9775 4 роки тому +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 роки тому +1

      Thanks for your note Mislav!

  • @gibsonhan1323
    @gibsonhan1323 4 роки тому +1

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

  • @ashvanths3214
    @ashvanths3214 3 роки тому +1

    Amazing insight and a beautiful conversation

  • @taylor-johnston7
    @taylor-johnston7 Місяць тому

    The content you share are inspiring.

  • @patrickjaymorales6815
    @patrickjaymorales6815 3 роки тому

    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!!

  • @ECOMMUSK
    @ECOMMUSK 4 роки тому +1

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

  • @cryptopiggie5228
    @cryptopiggie5228 3 роки тому

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

  • @marioacosta1842
    @marioacosta1842 3 роки тому

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

  • @nqatha2229
    @nqatha2229 2 роки тому +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

  • @mark-h3e5u
    @mark-h3e5u 3 роки тому +1

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

  • @pauloamposta4429
    @pauloamposta4429 3 роки тому +1

    Underrated content

  • @javiercaceres2103
    @javiercaceres2103 4 роки тому +2

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

  • @diasspider
    @diasspider 4 роки тому +1

    Great interview, energizing and brings future closer!

  • @bmfsports2490
    @bmfsports2490 4 роки тому +4

    Great person to interview

    • @GarryTan
      @GarryTan  4 роки тому

      Thanks for watching. Hans is amazing!

  • @jasonkeem
    @jasonkeem 4 роки тому +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  4 роки тому

      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.

  • @founderkatelyn
    @founderkatelyn 4 роки тому +1

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

  • @itsyourtoy
    @itsyourtoy 3 роки тому

    This was such a legit interview.

  • @GChief117
    @GChief117 3 роки тому

    Phenomenal, gives one a sense of hope!

  • @GiulianoGiacaglia
    @GiulianoGiacaglia 4 роки тому +2

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

    • @GarryTan
      @GarryTan  4 роки тому

      Glad you enjoyed it!

  • @colleenthaliajamias2874
    @colleenthaliajamias2874 4 роки тому +5

    That was inspiring and informative

    • @GarryTan
      @GarryTan  4 роки тому +1

      Glad it was interesting!

  • @yavormihailov4462
    @yavormihailov4462 3 роки тому

    Great content, very practical and useful!

  • @chenxianming
    @chenxianming 4 роки тому +1

    Amazing episode by amazing VCs 👍

    • @GarryTan
      @GarryTan  4 роки тому

      Thanks for watching mr daming!

  • @DemyanLavor
    @DemyanLavor 3 роки тому

    Amazing information 💎❤️💎

  • @channingmccarthy6189
    @channingmccarthy6189 3 роки тому +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?

  • @DL-gx5cr
    @DL-gx5cr 3 роки тому

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

  • @mickeylu2001
    @mickeylu2001 3 роки тому

    Learned so much
    Thanks you so much for the content 🙏

  • @imziminhas
    @imziminhas 4 роки тому +1

    Awesome content Garry, thanks for putting this up.

    • @GarryTan
      @GarryTan  4 роки тому

      Glad you enjoyed it

  • @LifeofWalts
    @LifeofWalts 4 роки тому +1

    Thank you Garry, awesome content!

    • @GarryTan
      @GarryTan  4 роки тому +1

      Thanks for watching Walt!

  • @danielm3977
    @danielm3977 4 роки тому +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 роки тому +1

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

  • @James_C_Park
    @James_C_Park 3 роки тому +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 роки тому

      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.

  • @jonathandedios7438
    @jonathandedios7438 3 роки тому

    Very insightful.

  • @Yuri_Ukraine
    @Yuri_Ukraine 4 роки тому +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?

  • @Riversidefm
    @Riversidefm 4 роки тому +1

    Amazing interview!

  • @tommyyzhao
    @tommyyzhao 3 роки тому

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

  • @isaacmichaels1653
    @isaacmichaels1653 4 роки тому +2

    Awesome interview

    • @GarryTan
      @GarryTan  4 роки тому +1

      Thanks for watching Isaac!

  • @cookiecrumb4694
    @cookiecrumb4694 3 роки тому

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

  • @briansekandi6280
    @briansekandi6280 4 роки тому

    This was a great video, learned a lot!

    • @GarryTan
      @GarryTan  4 роки тому +1

      Glad to hear it!

  • @kogantivijay
    @kogantivijay 3 роки тому

    Excellent content

  • @richardcao6297
    @richardcao6297 4 роки тому +2

    Love it!

    • @GarryTan
      @GarryTan  4 роки тому +1

      Thanks Richard! really appreciate you watching

  • @mayurdugar03
    @mayurdugar03 4 роки тому

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

    • @mayurdugar03
      @mayurdugar03 4 роки тому

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

    • @GarryTan
      @GarryTan  4 роки тому

      Appreciate your note and thanks for watching!

  • @andio310
    @andio310 3 роки тому

    very underviewed video

  • @kenmooso
    @kenmooso 4 роки тому +1

    Thanks 🙏🏼 once again

    • @GarryTan
      @GarryTan  4 роки тому +3

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

  • @TheJelloash
    @TheJelloash 3 роки тому

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

  • @wengyan
    @wengyan 4 роки тому +2

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

    • @GarryTan
      @GarryTan  4 роки тому +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 роки тому

      @@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.

  • @pinakidas3861
    @pinakidas3861 3 роки тому

    just wow !

  • @egdapo
    @egdapo 3 роки тому

    13:45. Word to the wise!

  • @Moh_Azeez
    @Moh_Azeez 4 роки тому +3

    Is Hans an active investor still?

  • @maxst-laurent5521
    @maxst-laurent5521 3 роки тому

    so good wow

  • @foodnfun169
    @foodnfun169 4 роки тому

    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 🙏

  • @johnmaverick7193
    @johnmaverick7193 3 роки тому

    Nice

  • @shh1909
    @shh1909 4 роки тому +1

    I see great content, I hit subscribe.

  • @adrianccole
    @adrianccole 4 роки тому +1

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

    • @GarryTan
      @GarryTan  4 роки тому +1

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

    • @adrianccole
      @adrianccole 4 роки тому

      @@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.

  • @jasson7145
    @jasson7145 4 роки тому

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

    • @GarryTan
      @GarryTan  4 роки тому +1

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

    • @jasson7145
      @jasson7145 4 роки тому

      Garry Tan no problem! Thank you!

  • @queuebit
    @queuebit 4 роки тому +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 роки тому

      Appreciate your timestamps as always queuebit!

    • @queuebit
      @queuebit 4 роки тому

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

  • @zein6899
    @zein6899 3 роки тому

    What camera do you use for your videos Garry?

  • @arunsaini208
    @arunsaini208 4 роки тому +1

    Great

    • @GarryTan
      @GarryTan  4 роки тому

      Thanks for watching

  • @gregoriohb
    @gregoriohb 11 місяців тому

    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  8 місяців тому +1

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

    • @gregoriohb
      @gregoriohb 8 місяців тому

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

  • @realfire9614
    @realfire9614 4 роки тому +1

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

    • @GarryTan
      @GarryTan  4 роки тому +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.

  • @ernestosampson9533
    @ernestosampson9533 4 роки тому

    Do you have a podcast?

    • @GarryTan
      @GarryTan  4 роки тому

      Haha this is my podcast

    • @ernestosampson9533
      @ernestosampson9533 4 роки тому

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

  • @dawidwtorek
    @dawidwtorek 3 роки тому

    Ok but have many startups did he fund in total.

  • @aks9545
    @aks9545 4 роки тому

    Great video as always man

  • @edmundsim6251
    @edmundsim6251 3 роки тому

    If only Gary is my Mentor.

  • @lawrenceharrison6934
    @lawrenceharrison6934 3 роки тому +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

  • @jeffhines6899
    @jeffhines6899 4 роки тому

    Look at The Movie Studio mves

  • @Alphfirm
    @Alphfirm 3 роки тому

  • @BizLytInteractive
    @BizLytInteractive Рік тому

  • @RayChenUSA
    @RayChenUSA 3 роки тому +1

    Awesome interview

  • @josephwong2832
    @josephwong2832 4 роки тому

    Awesome interview!

    • @GarryTan
      @GarryTan  4 роки тому

      Thanks for watching!