What Venture Capital Will Look Like in the Future | My First Million #215

No more small boy spreadsheets, build your business on the free HubSpot CRM: https://mfmpod.link/hrd - In this episode Shaan (@ShaanVP) and Sam (@theSamParr) predict what venture capital will look like in the future. Shaan breaks down the different ways someone can win as a VC and also explains how SPACs work. The guys also talk about a company providing dummy data, the allure of a recruiting agency, and we learn about Harold Alfond - this week's billy of the week. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire global talent (like Shaan does) and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than their US equivalents. — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth 💰 Pitch your startup for a shot at a $1M investment with Sam Parr as the MC https://clickhubspot.com/pitch --------- Show notes: * (0:00) Intro * (2:01) Sam's book of the week * (8:29) Tonic Fake Data * (15:49) Recruiting as a solopreneur * (19:41) Amazon liquidation * (29:53) Sam's Costco return story * (32:55) Shaan's Halloween costume rule * (35:40) Billy of the week - Harold Alfond * (45:42) Charitable donations * (54:38) The future of venture capital * (1:00:27) How SPACs work * (1:07:44) The ways to win as a VC * (1:12:16) The $200 million dollar graffiti artist ----- Check out our website for more business ideas: https://mfmpod.link/i1z Subscribe to the podcast if you’d like to listen instead: https://mfmpod.link/1tv