Howard Lindzon: The Price is All you Need - [Making Markets, EP.12]

My guest today is Howard Lindzon. It’s impossible to summarize Howard’s resume, but he’s best known for founding StockTwits and as a private and public market investor. We start this conversation with a hilarious story of his early career at CBS. We then talk about a variety of other topics, like saying no when Fred Wilson brought him the Twitter deal, his investing philosophy, the degen economy, and a lot more. Please enjoy this conversation with the one and only Howard Lindzon.

For the full show notes, transcript, and links to the best content to learn more, check out the episode page here.

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Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com).

Show Notes

(00:00:00) Welcome to Making Markets

(00:01:48) First Question - He explains the acquisition of WallStrip to CBS

(00:04:27) How he was phantom fired from CBS  

(00:04:58) Comedy and his career path background 

(00:07:41) Why he likes comedians  

(00:09:49) How he plays the social media game well

(00:11:15) Fred Wilson and the early days of Youtube

(00:12:13 Going from TheStreet to Twitter

(00:16:28) The trade off of sharing investment pros and cons publicly on Stocktwits 

(00:18:45) His public investment process versus his private investment process

(00:21:31) He explains how the market is rigged

(00:23:58) Passing on the opportunity to invest in early Twitter 

(00:26:38) The Cabal and the investment process 

(00:29:32) Founder scenarios that keep him from making deals  

(00:35:10) Network effects amongst sharing venture capital and how it works  

(00:38:41) Advice he has for new founders looking for venture capitalists

(00:42:24) Support and advice for his family wanting to found startups 

(00:44:18) Challenges and joys in private and public investing 

(00:47:58) He explains the rich man, angry man, degenerate man investment theme

(00:51:17) Sports betting and it’s market effects 

(00:53:18) His view on crypto investments and Mt. Gox 

(00:57:19) The Luckin Coffee fraud and his opinion on market opportunities  

(01:00:49) His optimism for the future 

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