Cyan Banister (@cyantist) is a normal accomplice at Lengthy Journey Ventures, an early-stage enterprise capital agency targeted on early and new investments. Cyan was an early investor in Uber, SpaceX, DeepMind, Flexport, and Affirm and has invested in additional than 100 corporations. Previous to that, she was at Founders Fund, a top-tier fund in San Francisco. Subscribe to Cyan’s Substack at uglyduckling.substack.com.
Please get pleasure from!
This episode is delivered to you by Eight Sleep’s Pod 4 Extremely sleeping resolution for dynamic cooling and heating, Wealthfront high-yield money account, and AG1 all-in-one dietary complement.
Hearken to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Castbox, YouTube Music, Amazon Music, Audible, or in your favourite podcast platform. You may watch the episode on YouTube right here.
#780: Cyan Banister — From Homeless and Broke to Prime Angel Investor (Uber, SpaceX, and 100+ Extra)
This episode is delivered to you by Eight Sleep. Temperature is likely one of the most important causes of poor sleep, and warmth is my private nemesis. I’ve suffered for many years, tossing and turning, throwing blankets off, pulling them again on, and repeating advert nauseam. However a couple of years in the past, I began utilizing the Pod Cowl, and it has reworked my sleep. Eight Sleep has launched their latest technology of the Pod: Pod 4 Extremely. It cools, it heats, and now it elevates, robotically. With the most effective temperature efficiency thus far, Pod 4 Extremely ensures you and your accomplice keep cool within the warmth and comfortable heat within the chilly. Plus, it robotically tracks your sleep time, loud night breathing, sleep phases, and HRV, all with excessive precision. For instance, their coronary heart price monitoring is at an unimaginable 99% accuracy.
Pod 4 Extremely additionally introduces an adjustable Base that matches between your mattress and your mattress body so as to add customized positions for the most effective sleeping expertise. Plus, it robotically reduces your loud night breathing when detected. Add it simply to any mattress.
And now, listeners of The Tim Ferriss Present can get $350 off of the Pod 4 Extremely for a restricted time! Click on right here to say this deal and unlock your full potential by means of optimum sleep.
This episode is delivered to you by AG1! I get requested on a regular basis, “When you might use just one complement, what wouldn’t it be?” My reply is often AG1, my all-in-one dietary insurance coverage. I really helpful it in The 4-Hour Physique in 2010 and didn’t receives a commission to take action. I do my greatest with nutrient-dense meals, after all, however AG1 additional covers my bases with nutritional vitamins, minerals, and whole-food-sourced micronutrients that assist intestine well being and the immune system.
Proper now, you’ll get a 1-year provide of Vitamin D free along with your first subscription buy—a significant nutrient for a robust immune system and robust bones. Go to DrinkAG1.com/Tim to say this particular supply right this moment and obtain your 1-year provide of Vitamin D (and 5 free AG1 journey packs) along with your first subscription buy! That’s as much as a one-year provide of Vitamin D as added worth while you strive their scrumptious and complete every day, foundational diet complement that helps whole-body well being.
This episode is delivered to you by Wealthfront! Wealthfront is a monetary providers platform that gives providers that can assist you save and make investments your cash. Proper now, you possibly can earn 4.25% APY—that’s the Annual Share Yield—with the Wealthfront Brokerage Money Account by means of its community of accomplice banks. That’s almost 9 occasions extra curiosity than a financial savings account at a financial institution, in response to FDIC.gov as of Septebmer 27, 2024. It takes just some minutes to enroll, and then you definitely’ll instantly begin incomes 4.25% APY curiosity in your short-term money till you’re prepared to speculate. And when new shoppers open an account right this moment, they’ll get an additional fifty-dollar bonus with a deposit of 5 hundred {dollars} or extra. Go to Wealthfront.com/Tim to get began.
Tim Ferriss receives money compensation from Wealthfront Brokerage, LLC for promoting and holds a non-controlling fairness curiosity within the company mother or father of Wealthfront Brokerage. See full disclosures right here.
Need to hear one other podcast episode with a world-class investor? Have a take heed to my most up-to-date dialog with Oaktree Capital Administration’s co-founder Howard Marks, during which we mentioned navigating unprecedented uncertainties, crowded versus uncrowded alternatives, the state of the American economic system, discovering higher-signal sources of data, and far more.
What was your favourite quote or lesson from this episode? Please let me know within the feedback.
SELECTED LINKS FROM THE EPISODE
- Join with Cyan Banister:
- The Ugly Duckling by Cyan Banister | Substack
- Early Stage Investing for the Lengthy-Time period | Lengthy Journey Ventures
- What Occurred to the Future? | Founders Fund
- Cyan: The Enlightenment of an Iconoclast | Cloud Valley
- Navajo Nation | Go to Arizona
- Flagstaff | Go to Arizona
- Science and Know-how on a Mission | Lawrence Livermore Nationwide Laboratory
- I Swear to Inform the Fact, the Entire Fact and Nothing however the Fact. So Assist Me God. | The Ugly Duckling
- Completely satisfied Tastes Good | Dairy Queen
- What’s a Ward of the State in Arizona? | JacksonWhite Regulation
- Joyriding with the Gutter Punks | The Ugly Duckling
- Finest Meals for When You’re Homeless and Can’t Cook dinner? | r/Mealprep
- Looking for Household and House with Cuddles | The Ugly Duckling
- Commune Life | The Ugly Duckling
- Hitchhiking with Jesus | The Ugly Duckling
- The Warfare of Intentions and Beliefs | Spencer Chang
- Money for Style | Buffalo Trade
- The Dharma Bums by Jack Kerouac | Amazon
- Crass | Tough Commerce Publishing
- Eastside Data: An Oral Historical past of Tempe’s Legendary File Retailer | Phoenix New Instances
- Web Relay Chat (IRC) | Wikipedia
- The UNIX System | UNIX.org
- Instances | Harvard Enterprise Publishing Training
- The Story of Uber | Investopedia
- Take a Take a look at Uber’s First Pitch Deck from 2008 | Vox
- New York’s Yellow Taxi Medallion Disaster, Defined | Documented
- The Profession of Uber’s First Worker and CEO Was Launched by One Tweet | Enterprise Insider
- About | The Foyer Convention
- Purple Swoosh | Wikipedia
- Open Angel Discussion board | Wikipedia
- A Quick Historical past of Napster | Lifewire
- Behind the 12-12 months-Previous Wii Sports activities Hoax That Briefly Fooled the Web | Ars Technica
- Pokémon GO | Niantic, Inc.
- A Worldwide Territory Management AR Recreation | Ingress
- PokéStop | Pokémon GO Wiki
- Construct, Lead, Make investments | AngelList
- Water with True Fruit Taste | Trace Water
- Ai-First Service. Catered To People. | Zendesk
- Security for Each Scenario | Flock Security
- GameCrush | Wikipedia
- Interactive Livestreaming | Twitch
- MySpace — What Went Fallacious: ‘The Website Was a Huge Spaghetti-Ball Mess’ | The Guardian
- Activist Investor: Definition, Position, Greatest Gamers | Investopedia
- Icahn: The Stressed Billionaire | Prime Video
- This Recreation Present App Was an In a single day Sensation, and Crashed Simply as Quick | CNN Enterprise
- Recreation of Thrones | HBO
- Recreation of Thrones: Do Lannisters At all times Pay Their Money owed? | Science Fiction & Fantasy Stack Trade
- Selling Options for Future Generations | Greenpeace Worldwide
- Be Not Afraid | Hereticon
- Reworking Protection Capabilities with Superior Know-how | Anduril
- “Any Sufficiently Superior Know-how Is Indistinguishable from Magic.” | CCCB LAB
- Chatham Home Rule | Chatham Home Worldwide Affairs Suppose Tank
- Why Did OnlyFans Work When Zivity Did Not? A Thread. | Cyan Banister, Twitter
- Basic Magic | Wikipedia
- Basic Magic (Documentary) | Prime Video
- Tony Fadell — On Constructing the iPod, iPhone, Nest, and a Lifetime of Curiosity | The Tim Ferriss Present #403
- Collectable Classic Playboys | Elizabeth’s Bookshop
- SuicideGirls | Wikipedia
- Cyan Banister: Adults Solely Startups Deserve Respect Too | Forbes
- I Did It, with a Boy. | The Ugly Duckling
- The Taj Mahal Story | Taj Mahal
- The Magic Glasses by Frank Harris | Amazon
- My Life & Loves by Frank Harris | Amazon
- Completely different Forms of Plaid: A Information to Plaid Sample Names | Whats up Stitching
- When Polka Dots Sign Each Optimism and Disquiet | The New York Instances
- A Cube Experiment | Cyan Banister, Twitter
- Determination Fatigue | The Determination Lab
- Open to the Public 365 Days a 12 months! | Pioneertown
- The World’s Biggest Roleplaying Recreation | Dungeons & Dragons
- Penn Jillette on Magic, Shedding 100+ Kilos, and Weaponizing Kindness | The Tim Ferriss Present #405
- Random by Penn Jillette | Amazon
- The Phantasm of Free Will | Sam Harris
- 7-in-1 Spinner DND Cube Set | Amazon
- The Cult of Crowley | Tidal Journal
- What’s Magic? Aleister Crowley Explains | Faena
- Magick in Idea and Apply by Aleister Crowley | Amazon
- Leaves of Grass by Walt Whitman | Amazon
- Unusual Lifetime of Ivan Osokin by P.D. Ouspensky | Amazon
- Groundhog Day | Prime Video
- Caddyshack | Prime Video
- What About Bob? | Prime Video
- The Man Who Knew Too Little | Prime Video
- Damaged Flowers | Prime Video
- The Razor’s Edge | Prime Video
- The Razor’s Edge by W. Somerset Maugham | Amazon
- Ghostbusters II | Prime Video
- The Invoice Murray Tales: Life Classes Realized From a Legendary Man | Prime Video
- The Invoice Murray Tales: Life Classes Realized From a Legendary Man | Gravitas Ventures
- It Simply Doesn’t Matter (Clip) | The Invoice Murray Tales
- What Precisely Is a Kundalini Awakening? | Yoga Journal
- American Magnificence | Prime Video
- What Is Dural Venous Sinus Thrombosis (DVST)? | Healthline
- Richard Schwartz — IFS, Psychedelic Experiences with out Medication, and Discovering Internal Peace for Our Many Components | The Tim Ferriss Present #492
- Tibetan Monks Throat-Singing | Wilderness Movies India
- Telluride Bluegrass Pageant | Planet Bluegrass
- Meditation, Mindset, and Mastery | The Tim Ferriss Present #201
- Parable of the Horse, Carriage, and Driver | The Church of Acutely aware Concord
- Everlasting Recurrence: What Did Nietzsche Actually Imply? | Philosophy Break
- The Insufferable Lightness of Being by Milan Kundera | Amazon
- Beelzebub’s Tales to His Grandson by G.I. Gurdjieff | Amazon
- Frosted Toasted Oat Cereal & Marshmallows | Fortunate Charms
- Boston Celtics | NBA
- Golden State Warriors | NBA
- In The Air Tonight (Official Music Video) | Phil Collins
- Boston’s Finest Sightseeing Tour | Boston Duck Excursions
- The Most Ribbetting Structure in Boston | Common Hub
SHOW NOTES
- [00:06:16] Formative years and schooling as a white minority on a Navajo reservation.
- [00:11:18] Strained household dynamics and a cycle of neglect.
- [00:18:20] The intervention of Officer Pratt and changing into a ward of the state at 15.
- [00:22:46] Crusty punk survival methods and life on the streets.
- [00:32:02] The optimistic affect of Cyan’s “second” mom.
- [00:34:17] Crass, Chris Collins, and computer systems.
- [00:38:03] An unorthodox path to angel funding starting with Uber.
- [00:48:13] Niantic/Pokemon GO.
- [00:56:27] How stalking Garrett Langley led to a Flock Safety funding.
- [01:00:07] GameCrush, activist buyers, and classes realized.
- [01:07:00] Gross sales classes from the road.
- [01:10:08] A aware strategy to questioning narratives.
- [01:15:35] The pre-OnlyFans story of Zivity.
- [01:24:44] Views on intercourse and relationships.
- [01:28:47] Magic glasses, esoteric rabbit holes, and rolling the cube.
- [01:44:02] How Aleister Crowley and Invoice Murray paved a path to ex-atheism.
- [02:02:21] Cyan’s billboard.
- [02:04:41] Enduring a stroke and its aftermath.
- [02:08:31] Meditation, throat-singing, and philosophy.
- [02:17:50] The Boston religious expertise and duck boat baptism.
- [02:40:53] A guide within the works, the Ugly Duckling Substack, and parting ideas.
MORE CYAN BANISTER QUOTES FROM THE INTERVIEW
“I’ve at all times felt like an outsider regardless of the place I’m, and I believe that’s been fantastic and unimaginable for my profession. You may actually have a look at that and have sort of a sufferer mindset about it, however I took the other path, which was that is what makes me particular, that I don’t slot in wherever I’m.”
— Cyan Banister
“When you’re homeless, you possibly can by no means be un-homeless. It’s actually unusual. Each time I stroll round at a convention or something, I see all of the waste. I see, if I have been a homeless particular person, I might come and I might have this, regardless of the place I’m at.”
— Cyan Banister
“You need to face one thing very ugly, which is your self. You need to look inside and see who and what you actually are, after which you need to love your self even while you don’t like what you see.”
— Cyan Banister
“When individuals used to say follow self-love, I assumed it meant go eat bonbons and go see an excellent film and smoke a joint. That was self-love. But it surely wasn’t getting me wherever, and I used to be like, ‘This entire self-love factor is jive. It’s simply not understanding.’ However I didn’t notice that self-love is studying the right way to give your self unconditional love. And the easiest way I’ve realized the right way to give your self unconditional love is think about your self as a ball of sunshine after which take that ball of sunshine and visualize it exterior of your physique and cradle it prefer it’s a child. Now, while you have a look at that child, would you damage that child?”
— Cyan Banister
“We apply numerous our personal notion to all the things that everybody says round us. We make up tales which might be fiction, and numerous what individuals undergo with right this moment are these tales, these narratives that we inform ourselves and each other.”
— Cyan Banister
“My function may be very easy, which is to unfold pleasure, to carry different individuals up round me, and to do my greatest in my very own solution to finish poverty. Now, I’m not answerable for ending poverty. I believe we’re all accountable.”
— Cyan Banister
“While you begin realizing Oh, I’m in a college, and all of those onerous knocks in life are simply classes, you consider them very in another way.”
— Cyan Banister
“We’re only a hair away from being loopy, each considered one of us.”
— Cyan Banister
“We apply numerous our personal notion to all the things that everybody says round us. We make up tales which might be fiction, and numerous what individuals undergo with right this moment are these tales, these narratives that we inform ourselves and each other, and I’ve simply at all times felt like that one thing that somebody stated proper now, it’s not a tough no. You already know while you hear a tough no. I do know the distinction between an objection and I simply have a rebuttal for it versus a tough no. And till it’s a tough no, there’s wiggle room to get one thing accomplished. And so I’ve simply at all times felt this, and it’s attention-grabbing that you just ho[m]ed in on it, but it surely’s undoubtedly been a guideline in my life, which is don’t surrender. Simply strive totally different approaches. Perhaps you didn’t ask the precise method, or perhaps you didn’t give the precise incentives, or perhaps it was Monday they usually’re in a foul temper.”
— Cyan Banister
“My life has solely been improved by taking myself out of the decision-making course of, as a result of I’m the hindrance.”
— Cyan Banister
“We’re all in Earth college, and we inhabit human our bodies, however we’re nothing however an power power within them. And that life power doesn’t dissipate, and it doesn’t go nowhere. It goes someplace.”
— Cyan Banister
“You’re simply sleepwalking by means of life. And the second you are taking the reins and also you turn out to be the narrator of your individual story, and typically the captain, then that’s when it’s a transformational change.”
— Cyan Banister
PEOPLE MENTIONED
Associated
The Tim Ferriss Present is one of the preferred podcasts on this planet with multiple billion downloads. It has been chosen for “Better of Apple Podcasts” thrice, it’s typically the #1 interview podcast throughout all of Apple Podcasts, and it has been ranked #1 out of 400,000+ podcasts on many events. To take heed to any of the previous episodes at no cost, take a look at this web page.
