YouSaid · the spoken record

Jay Gould

lines on the record: 155
first: 2021-08-04
most recent: 2021-08-04
sittings or episodes: 1
sources: podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

“Raider date was the first one I sold. I had a body jewelry website. I had a lot of other stuff that I didn't sell. I was just making money on. But on Raider Day, I copied hot or not. I'm actually friends with the founder of Hot or Not, James Hong. Now I am. Back then, I copied them. But he had hot or not. And actually on his website, he had a link at the bottom. I think it was called Copycat Sites or something like that. And that was one of there was like tons of like rate this or that, right my car, rate my prom dress, rate my dog cat. And then I had Raider Date, which was a little bit more directly competitive to what they're doing, but they were obviously the best, him and Jim, you know. And it did really well. Like it was a free thing when online dating was still paid. And it seemed ridiculous to me that you would pay a membership for dating when I could create it for free and monetize it through advertising. I was like, this is not sustainable for match.com. What a little did I know. They're huge companies today, right? But back then, 20 years ago, I was like, that's not sustainable. Like if I could offer this for free through ad support, I know I'll make less money than if I had a subscription base, but I'll have a place in the world.”
2021-08-04 · We Study Billionaires · BTC037: Tech Entrepreneur To Bitcoin Investor w/ Jay Gould (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“All parts of the world through ELANS and stuff like that. And that's what I did. In the beginning, it was kids in college that I knew. And then over time, I found people through the internet and became friends with these guys and still friends of over 20 years of some of these people. And we built some of the earlier stuff together.”
2021-08-04 · We Study Billionaires · BTC037: Tech Entrepreneur To Bitcoin Investor w/ Jay Gould (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“You could do that back then. Today, I say to people, my path, I don't think you could replicate that path. Today, everybody who's a good programmer in the way the world is with the 0% interest rates, you know, we'll probably go in and out of like Bitcoin, as you said, with the 0% interest rates today. Money's almost free. So if you're a good, talented developer, you don't need to work for me. Just go get money from somebody and build it yourself. Have your own company. That was not the case in the late 90s, right? People didn't understand how to raise money. It wasn't widely available. There wasn't YouTube yet. There wasn't blogs like people like Naval Ravikin teaching people how to raise money and how a term sheet works and all this kind of stuff. So we've democratized the information for people to freely understand how to do this, which is great because we're getting better products and lots of companies are being created and amazing things come out of that. But when I did it, it was not as competitive as it is today. So when I started to do it, I could hire people to work for me and not even pay them a lot of money, right? People find people in India and Pakistan.”
2021-08-04 · We Study Billionaires · BTC037: Tech Entrepreneur To Bitcoin Investor w/ Jay Gould (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“97, 98, 99. I'm having some friends that I met in like CS classes and shit that were programmers and I really didn't have the bug for that. I wasn't really into it. But I was into wanting to build. I really wanted to build something that people wanted to use. And I saw the opportunity to build something where it could be massively scaled before I even thought of the term scale. Just lots of people using it, you know. And I just knew how I felt about using these products. And I thought I could draw people in if we added certain types of feasters, this, that, and the other thing. So the first thing I built early days was not social, believe it or not. I was into e-commerce kind of websites selling things and all that kind of stuff, you know, SEM, SEO. Learned that. That was a good foundational base, right? From the marketing side of it, understood the users. And when I started to get into like building social media sites, that was the first thing I really did after the e-commerce stuff to make a little money. The first thing I did was I build a dating site. And I built that site and had a real early success there, sold that.”
2021-08-04 · We Study Billionaires · BTC037: Tech Entrepreneur To Bitcoin Investor w/ Jay Gould (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Or not, it wasn't programming. People always think I'm a programmer. I wasn't a programmer. I had these ideas. I used the internet just like everybody else. I'm a power user. You see me on Clubhouse and stuff and all these other things. And I saw my behavior and I've always felt I'm very average. I don't think I'm any different than anybody else. I think most people are just very similar to each other. And by the way, when you go down a path in school on like for a prelaw, you take a lot of psychology classes and sociology and that kind of stuff too, right? And so you understand the mindset of people by taking these types of classes a little bit. So when I start to use the internet, I thought I was using like AOL in the chat rooms, like the early days and the 90s, you know, and I was like, you know, I think this is going to be really big because of the way I felt using it. I was compelled and sucked in and drawn into this. It was addictive to me. It was like playing a video game. I was a big gamer as a kid. And I was like, you know, I think this is a thing, you know, and this was like late 90s in college, right? I graduated in 01.”
2021-08-04 · We Study Billionaires · BTC037: Tech Entrepreneur To Bitcoin Investor w/ Jay Gould (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT