5 ms·

Gary Vaynerchuk Bet Right On Facebook, Wrong on BlackJet

15 points by jkuria 9y ago

developuh 9y ago
Paywall :( Any way to read this without having to subscribe or register ?
- AJRF 9y ago
  Put outline.com in front of the URL to bypass the paywall.
  - AJRF 9y ago
    Why was this downvoted? It works!
- gnicholas 9y ago
  The Read Across The Aisle Chrome extension, which is free and does not use your private data in any way. (Source: I am the creator, and I care about privacy.) We have an official partnership with the WSJ, unlike most/all of these other avenues for free access. http://www.readacrosstheaisle.com http://www.readacrosstheaisle.com
- tomhoward 9y ago
  http://archive.is/MME6l http://archive.is/MME6l
deepakkarki 9y ago
Use freewsj.com/<resource> instead of wsj.com/<resource> For those wanting to bypass the paywall.
- Hydraulix989 9y ago
  Didn't seem to work here.
deyan 9y ago
I’ve always thought highly of Gary because he seems like a smart hustler. Then I read this: ”Anytime a company goes out of business, it’s because the founder and CEO was not good enough,” Mr. Vaynerchuk says. Which is so obviously wrong it makes me rethink my opinion.
- tomhoward 9y ago
  Gary V unashamedly uses hyperbole to deliver his message with simplicity and impact. I'm sure, in his inner thoughts, he would have a more nuanced position. Is every business failure, 100% always 100% because the founder/CEO isn't good enough? I'm sure he would agree that it isn't. But it's true enough, often enough, that it's a solid rule of thumb to use for investment decision-making.
- taneq 9y ago
  "It is possible to commit no mistakes and still lose. That is not a weakness; that is life." - Jean-Luc Picard Of the two I think I'd trust Picard.
- whb07 9y ago
  Is it though? There’s a saying that goes “there are no bad teams just a bad leader”. Could you provide a common seen example where this does not hold up?
tomhoward 9y ago
http://archive.is/MME6l http://archive.is/MME6l
throwaway84742 9y ago
I keep hearing the name but as far as I can tell his only claim to fame is that he’s an “internet personality”. What did he build, and why should anyone care about what he has to say?
- michaelbrooks 9y ago
  He helped build his father's wine company called "The Wine Library" [0]. He then went on to build Vayner media and his internet personality "Gary Vee". [0] https://www.youtube.com/watch?v=5Vo0nykupIo https://www.youtube.com/watch?v=5Vo0nykupIo
- bshimmin 9y ago
  Before he became some sort of ill-defined entrepreneur/investor he used to talk knowledgeably and enthusiastically online via a podcast (or possibly several) about wine, which was his family's business - this was probably a decade or more ago. Since then I guess you could describe his career as having "sprawled".
- patio11 9y ago
  Since I would have sympathized with this viewpoint earlier in life, I’ll give you the just-the-facts version: He took an offline business in a regulated industry (wine) which he inherited and ~20Xed it online, got Internet famous, built one of those social media marketing companies which has fairly little lasting impact but (like Madison Avenue) has a metric truckload of money run through it, got deal flow, invested, etc. At least one thing he's done is worth watching for many HNers: someone said "It's easy to make money when you have connections but I don't have connections so boo hoo" and he said "Watch me. Suppose for the sake of argument that I own a beer blog, instead of the blog I actually own. My new name is Steve. I Google beer accessories and see this company is advertising on AdWords, so I know they have an advertising budget. I will now cold call them live, as Steve who runs a blog no one has heard of which doesn't exist, and sell them ads on my beer blog." He then does. Edit: Found the video. In the intervening years I had misremembered some of the details. Very little of what I watched in 2008 I still quote in 2018; I think I will probably be able to quote this video with that level of detail in 20X8, too. https://www.youtube.com/watch?v=fG7WFxT1ySY https://www.youtube.com/watch?v=fG7WFxT1ySY

15 points by jkuria 9y ago

developuh 9y ago

Paywall :( Any way to read this without having to subscribe or register ?

AJRF 9y ago
Put outline.com in front of the URL to bypass the paywall.
- AJRF 9y ago
  Why was this downvoted? It works!
gnicholas 9y ago
The Read Across The Aisle Chrome extension, which is free and does not use your private data in any way. (Source: I am the creator, and I care about privacy.) We have an official partnership with the WSJ, unlike most/all of these other avenues for free access. http://www.readacrosstheaisle.com http://www.readacrosstheaisle.com
tomhoward 9y ago
http://archive.is/MME6l http://archive.is/MME6l

deepakkarki 9y ago

Use freewsj.com/<resource> instead of wsj.com/<resource> For those wanting to bypass the paywall.

Hydraulix989 9y ago
Didn't seem to work here.

deyan 9y ago

I’ve always thought highly of Gary because he seems like a smart hustler. Then I read this: ”Anytime a company goes out of business, it’s because the founder and CEO was not good enough,” Mr. Vaynerchuk says. Which is so obviously wrong it makes me rethink my opinion.

tomhoward 9y ago
Gary V unashamedly uses hyperbole to deliver his message with simplicity and impact. I'm sure, in his inner thoughts, he would have a more nuanced position. Is every business failure, 100% always 100% because the founder/CEO isn't good enough? I'm sure he would agree that it isn't. But it's true enough, often enough, that it's a solid rule of thumb to use for investment decision-making.
taneq 9y ago
"It is possible to commit no mistakes and still lose. That is not a weakness; that is life." - Jean-Luc Picard Of the two I think I'd trust Picard.
whb07 9y ago
Is it though? There’s a saying that goes “there are no bad teams just a bad leader”. Could you provide a common seen example where this does not hold up?

tomhoward 9y ago

http://archive.is/MME6l http://archive.is/MME6l

throwaway84742 9y ago

I keep hearing the name but as far as I can tell his only claim to fame is that he’s an “internet personality”. What did he build, and why should anyone care about what he has to say?

michaelbrooks 9y ago
He helped build his father's wine company called "The Wine Library" [0]. He then went on to build Vayner media and his internet personality "Gary Vee". [0] https://www.youtube.com/watch?v=5Vo0nykupIo https://www.youtube.com/watch?v=5Vo0nykupIo
bshimmin 9y ago
Before he became some sort of ill-defined entrepreneur/investor he used to talk knowledgeably and enthusiastically online via a podcast (or possibly several) about wine, which was his family's business - this was probably a decade or more ago. Since then I guess you could describe his career as having "sprawled".
patio11 9y ago
Since I would have sympathized with this viewpoint earlier in life, I’ll give you the just-the-facts version: He took an offline business in a regulated industry (wine) which he inherited and ~20Xed it online, got Internet famous, built one of those social media marketing companies which has fairly little lasting impact but (like Madison Avenue) has a metric truckload of money run through it, got deal flow, invested, etc. At least one thing he's done is worth watching for many HNers: someone said "It's easy to make money when you have connections but I don't have connections so boo hoo" and he said "Watch me. Suppose for the sake of argument that I own a beer blog, instead of the blog I actually own. My new name is Steve. I Google beer accessories and see this company is advertising on AdWords, so I know they have an advertising budget. I will now cold call them live, as Steve who runs a blog no one has heard of which doesn't exist, and sell them ads on my beer blog." He then does. Edit: Found the video. In the intervening years I had misremembered some of the details. Very little of what I watched in 2008 I still quote in 2018; I think I will probably be able to quote this video with that level of detail in 20X8, too. https://www.youtube.com/watch?v=fG7WFxT1ySY https://www.youtube.com/watch?v=fG7WFxT1ySY