Advice For 20 Year Olds Who Want To Make It In Silicon Valley
About this video
Shaan reflects on missed investment opportunities and strategic mistakes from his early years in Silicon Valley, including passing on Calm, Loom, Clear, and Stripe. He contrasts the pressure to pursue venture-scale exits with alternative paths like newsletters, services businesses, and investing in people and company expenses—strategies he wishes he’d prioritized earlier.
Key takeaways
- Shaan regrets not investing in smart founders he knew early (Calm, Loom, Clear) and not recognizing opportunities like Stripe at $2B valuation; he now frames this as a lesson in keeping eyes open to overlooked opportunities
- Shaan identifies three strategic regrets: not investing in talented people, not investing in software tools on the P&L, and chasing VC-approved ‘huge’ markets instead of exploring early-stage problems visible to him
- Shaan argues for pursuing business models with lower market risk (like his newsletter or services) over maximum market risk bets; he recounts a friend’s philosophy of investing in companies with ‘zero product-market-fit risk’ like the pizza robot
- Silicon Valley narratives about building the next big startup can be misleading; Shaan suggests a better lifestyle and financial independence can come from services, communities, and niches rather than chasing billion-dollar exits
Episode details: published April 12, 2022 · 7.1K views · 10:38 long. Summary written by Self Growth Videos from the episode itself. The business ideas, figures and results discussed are the hosts’ and guests’ own claims, shared as brainstorming and entertainment — not verified facts and not investment advice.
← Previous: Answering Uncomfortable Questions About Our Biggest Regrets & Failures · Next: Elon Musk Offers To Buy Twitter For $43 Billion | The Breakdown By My First Million →
All My First Million videos · My First Million profile · My First Million (official site)
You Might Also Enjoy

How To Build A Viral App & Make Millions From It (#379)
Explore →
The Entrepreneur Life Of Sam Parr & Shaan Puri | Mindset | My First Million Podcast - 04/09/2020
Explore →
3 businesses we think are about to blow up
Explore →
We tested Instinct, Muse and Grokbot. They’re ridiculous.
Explore →
The $4 billion business behind drug testing
Explore →