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FoundersJune 15, 2018

#27 A Truck Full of Money: Coding, Mania, Love, Genius: The Life of an American Entrepreneur

About This Episode
What I learned from reading A Truck Full of Money: Coding, Mania, Love, Genius: The Life of an American Entrepreneurby Tracy Kidder --- [7:00] Kayak sells for $1.8 billion [12:00] "I'm paying attention. I want meetings of three people, not ten." [15:00] "Someday this boy's going to get hit by a truck full of money, and I'm going to be standing beside him." [22:30] A description of Paul's bipolar disorder [31:00] The economics of games [36:30] Learning how to negotiate from his Dad [43:00] "The Internet has massively broadened the possible space of careers. Most people haven't figured this out yet." [50:00] Leaving a $1,000,000 behind [55:00] Applying the lessons he learned from watching his Dad negotiate [58:30] The entrepreneur of ice [1:01:00] "Consistency doesn't matter. Only invention matters." ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast
Book Mentions
11 book mentions in this episode.
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Books Mentioned

A Truck Full of Money cover

The podcast discusses 'A Truck Full of Money', a biography of Paul English, co-founder of Kayak, highlighting his struggles with bipolar disorder and his journey as an entrepreneur.

Sentiment: Deep Dive
Trigger: Paul English's biography
For: Readers interested in entrepreneurship and mental health
Key quote: What I like about this book is, I would say almost half the book.
The host mentions 'A Truck Full of Money' to highlight the unique perspective it offers on successful individuals, particularly Paul English, who is portrayed as a relatable figure despite his achievements. The book delves into his struggles with bipolar disorder, emphasizing that successful people are often just as flawed as anyone else.
ASIN: B0DFB7DV8W
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Kitchen Confidential cover
Kitchen Confidential
Anthony Bourdain

The speaker mentions that Kitchen Confidential is one of their favorite books and reflects on the impact of Bourdain's death.

Sentiment: Highly Recommended
Trigger: mental illness and success
For: Entrepreneurs and individuals struggling with mental health
Key quote: I think this is appropriate because I think people in general struggle with it, but I'm sure founders do.
The host mentions 'Kitchen Confidential' to highlight Anthony Bourdain's struggles with mental illness despite his success and popularity. This connection serves to illustrate the hidden nature of mental health issues, especially among entrepreneurs and public figures.
ASIN: N/A
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Master of Doom cover

The speaker references the book Master of Doom, which discusses the beginnings of the video game Doom and its creators.

Sentiment: Deep Dive
Trigger: economics of video games
For: Individuals interested in video game history and economics
Key quote: I love that book that we, uh, we talked about on the podcast, the master of doom, John Carmack and John Romero and the beginning of doom.
The host mentions 'Master of Doom' to highlight the significant impact of video game economics during the rise of the gaming industry. The book provides insights into the financial success of early video games and the personal stories of their creators, which the host finds fascinating.
ASIN: N/A
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The New New Thing cover
The New New Thing
Michael Lewis

It echoes back to the podcast on the Michael Lewis book. On the new new thing.

Sentiment: Highly Recommended
Trigger: new economy and entrepreneurship
For: Entrepreneurs and business enthusiasts
Key quote: Paul was a creature of the new economy, but he was also an old American.
The host mentions 'The New New Thing' to highlight the innovative spirit of entrepreneurs like Jim Clark, who embody the ethos of the new economy. This book serves as a lens through which to understand the importance of invention over consistency in entrepreneurial endeavors.
ASIN: N/A
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Titan cover

One book where that is a exception to the rules, that book Titan on John D. Rockefeller that I covered.

Sentiment: Highly Recommended
Trigger: importance of reading
For: listeners interested in personal development and entrepreneurship
Key quote: he was not one to persist in a flawed situation.
The host emphasizes the value of reading as a way to improve one's life and focus, contrasting it with the distractions of social media. He specifically mentions 'Titan' as an exception to his preference for shorter books, highlighting its depth and the valuable lessons it offers.
ASIN: N/A
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Essentialism cover

Essentialism, the subtitle is The Discipline Pursuit of Less. It was a good book. It's 200 and something pages. I have probably have 15, 20 different highlights in there.

Sentiment: Deep Dive
Trigger: efficiency and minimalism
For: Individuals seeking to improve their time management and focus on essential tasks.
Key quote: If it isn't a clear yes, it's a clear no.
The host discusses the book 'Essentialism' to emphasize the importance of focusing on what truly matters in life and work. They highlight the book's main thesis about prioritizing essential tasks and eliminating the non-essential to maximize effectiveness.
ASIN: B00IWYP5NI
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Skin in the Game cover
Skin in the Game
Nassim Taleb

I just finished Nassim Taleb's newest book, it's called Skin in the Game, Hidden Asymmetries and Daily Lives, I thought it was fantastic.

Sentiment: Highly Recommended
Trigger: recommendation of books
For: listeners interested in personal development and decision-making
Key quote: I recommend everyone read every single word, every single word in the inserto so yes, read the fucking book.
The host expresses a strong passion for Nassim Taleb's writing, particularly highlighting 'Skin in the Game' as a significant work in his collection. He encourages listeners to read it, emphasizing its value and relevance in understanding probability and decision-making.
ASIN: N/A
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Fool by Randomness cover
Fool by Randomness
Nassim Taleb

It starts with Fool by Randomness, this is the first book, so each book is a standalone book but it's also in a collection of this idea that he's been expounding on.

Sentiment: Highly Recommended
Trigger: Nassim Taleb's book series
For: Readers interested in probability and decision-making
Key quote: I recommend everyone read every single word, every single word in the inserto so yes, read the fucking book.
The host mentions 'Fool by Randomness' as the foundational book in Nassim Taleb's series, which explores concepts of probability and randomness. He emphasizes the importance of reading all of Taleb's works, indicating a deep appreciation for the insights they provide.
ASIN: 059324365X
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The Black Swan cover
The Black Swan
Nassim Taleb

It goes Fool by Randomness, Black Swan, The Bed of Procrustes, Anti-Fragile and now Skin in the Game.

Sentiment: Highly Recommended
Trigger: Nassim Taleb's books
For: Readers interested in probability and decision-making
Key quote: I recommend everyone read every single word, every single word in the inserto so yes, read the fucking book.
The host mentions 'The Black Swan' as part of a series of books by Nassim Taleb that explore ideas on probability and randomness. He expresses a strong passion for Taleb's writing and encourages everyone to read his works.
ASIN: 059324365X
Buy on Amazon
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The Bed of Procrustes cover

It goes Fool by Randomness, Black Swan, The Bed of Procrustes, Anti-Fragile and now Skin in the Game.

Sentiment: Highly Recommended
Trigger: Nassim Taleb's books
For: Readers interested in philosophy and decision-making
Key quote: I recommend everyone read every single word, every single word in the inserto so yes, read the fucking book.
The host is enthusiastic about Nassim Taleb's writing and encourages listeners to explore his body of work. He believes that each book offers valuable insights into probability and decision-making, making them essential reads.
ASIN: N/A
Buy on Amazon
Click the book cover image to open the affiliate link.
Anti-Fragile cover
Anti-Fragile
Nassim Taleb

It goes Fool by Randomness, Black Swan, The Bed of Procrustes, Anti-Fragile and now Skin in the Game.

Sentiment: Highly Recommended
Trigger: Nassim Taleb's books
For: Readers interested in probability and risk management
Key quote: I recommend everyone read every single word, every single word in the inserto so yes, read the fucking book.
The host expresses a strong passion for Nassim Taleb's writing and recommends his entire collection of books, including 'Anti-Fragile.' He emphasizes the importance of reading Taleb's work for a deeper understanding of his ideas on probability and risk.
ASIN: B00A2ZIZYQ
Buy on Amazon
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