My First Million - We talk to the guy who knows Silicon Valley’s darkest secrets
Episode Date: February 26, 2025Episode 680: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Nick Bilton ( https://x.com/nickbilton ), investigative journalist and author of American Kingpin an...d Hatching Twitter. — Show Notes: (0:00) Intro (7:03) Inside a criminal mind (12:57) Getting people to open up (20:49) The real story behind Twitter (29:40) The auras of Trump, Bezos, Musk (33:13) Becoming a journalist (37:24) Steve Jobs' reality distortion field (43:16) Who has it all in Silicon Valley? (49:43) Being a professional asshole (57:56) Nick's next story (1:03:38) Storytelling — Links: • American Kingpin - https://tinyurl.com/yckc6smh • Hatching Twitter - https://tinyurl.com/3ah2j9ym — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano
Transcript
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I've got Steve Jobs stories.
I've got Jack Dorsey stories.
I've got Ross Ulbric stories.
You name it.
I got him.
I feel like I can rule the world.
I know I could be what I want to.
I put my all in it like no days off.
On a road, let's travel, never looking back.
All right.
Sam has been telling me about a book for probably 10 years in a row.
And I finally got a round of reading it this year.
And the book is American King Penn.
It's a story of the Silk Road, of Ross Ulbricht, who created it, grew up.
it to great prominence, ended up going to jail, what we thought was for life, and then he just
got pardoned by Trump. And so Sam just reread the book. I read it this year. We both love this thing.
It's a page Turner. And the author, Nick Bilton, not only wrote that, but he wrote hatching
Twitter and a bunch of other stuff. Fascinating guy. And he's here with us today on MFM. So let's do it.
Nick, what's going on? We wanted to talk about all types of stuff. We want to talk about storytelling.
We want to talk about things that you researched that didn't make the book. We want to talk about
like the OG stories of Silicon Valley because you've been covering this stuff forever.
But you're like one of the three people who we've had on the pod that I'm like nervous to talk to
and I stayed up all night like reading everything about you.
Don't be nervous. This is exciting. This is fun. It's going to be great. We're going to tell some
crazy stories. I've got Steve Jobs stories. I've got Jack Dorsey stories. I've got Ross Albrick's
stories. You name it. I got them. Who of all those people, have you become friends or admire any of them?
Or do you, are you like a strictly like a journalist who doesn't cross the barrier?
Well, that's a great question.
I feel like we should save, I should save that answer because I've got such great stories
about all these people, about Bezos, everyone, where, you know, there are some that I have
become friends with and then unfriends with and some I'm still kind of friends with.
But let's save that for when we get into the hatching Twitter, Elon Musk, Jack Dorsey,
territory of this pod.
I was listening to an episode with David Perel.
It was all on writing.
And you talk about, like, what makes a great story.
And this sounds like a backhanded compliment.
I think that your writing's amazing.
Your storytelling is amazing.
I think you just happened to pick the best story of all time with the Silk Road.
Like, it was, like, set up to win.
Well, I think, I mean, let me just tell you how I came to the story.
So I was a reporter at the New York Times.
And in Silicon Valley, covering tech, I was writing about Apple and Facebook and Twitter and
And I don't even know how to describe this moment in time.
You know, it was like 2008, 2009.
It was, you know, right after the bubble had popped, the second bubble.
And it was again, once again, this no-fly zone, you know,
to be in Silicon Valley, to do startups and whatnot.
And I started covering these companies that were not.
The idea of one of them being a trillion-dollar company was just,
it was ridiculous.
That would never happen.
And I would spend time with Steve Jobs and Bezos and Zach.
and Dorsey and all these guys.
And I wrote the Twitter book, which we can talk about
and there's incredible backstories to that
and of people trying to kill the project
and so on and so forth.
But I'd finished the Twitter book,
and the Twitter book had done really, really well,
and I was looking for a new book.
And I couldn't, you know, I really,
I love writing books.
It's one of my favorite forms of writing to do.
And I heard about this guy
who had started the Silk Road,
who'd been arrested at this little public library
there was like four blocks from my house.
And I knew the library.
I knew this, and I knew the area, and I also knew the Silk Road.
And so I wrote a piece for the New York Times about it.
It's like a short piece.
And then I was like, maybe there's a book in this.
And as I started to dig further and further, it just felt undeniable.
It was like, it was just an unbelievable story of this kid who, I say kid because he was very young at the time.
But he grew up in Austin.
He was incredibly smart, 1600s on his SAT.
you know, studied astrophysics,
went off to one of the best schools,
and then had this, like, libertarian idealism to him
that is no different to, like, Travis Kalanick
when he's building Uber and, you know,
all these other people in Silicon Valley,
and he decides that drugs should be legal
and the government should not be able to tell you
what you can and cannot put in your body.
And the only reason that the drugs lead to these,
you know, to deaths and murder and so on and so forth,
is because the government has so much control over it.
And so he takes the Onion browser,
which is the secret browser that you can,
where the dark web exists.
And then he takes Bitcoin,
which both kind of come along around the same time.
And he creates this proof of concept,
which is this website called the Silk Road.
And then next thing you know,
he's making millions and millions and millions of dollars a day
is the biggest drug dealer on the internet.
By the way, how good was the branding for that?
The fact that he called himself the Dread Pirate Roberts,
the Silk Road, like the logo behind,
behind it. The branding was actually like the whole, it was pretty brilliant. No, the branding was
great. I forget the name. There was a name that he had originally wanted to call. It was like
some terrible name. It was called like hardcore underground or something like, something where it was
like, does it sound like a piece? Like I'm interested in that. But what's, what's fascinating is, you know,
at the time he's living in Austin, he's got this girlfriend, Julia, and they're kind of in this,
like, toxic relationship. And he has this business. And it's like a, it's a pretty like nice
business where he goes around and he collects books that people want to get rid of and then
sells them and and mails them out. So when he, when he moves into the drug trade and he goes,
he goes to Bastrop State Park and he rents a cabin and he grows mushrooms so that he could
sell drugs on there to show that you can sell drugs on there. And then he starts mailing them out,
like he's mailing the books out and then the drugs out. And like, and it all kind of, you know,
it all comes together in this very, very unique way. What ends up happening is Gawker,
the website that is obviously now defunct,
they write about it, and then that's it.
It's like game over.
Like everyone on the planet knows about it,
and senators are coming after him,
and every government official,
from the IRS to the FBI to the Secret Service to the DEA,
they're all trying to hunt down the Dread Pirate Roberts.
And Ross essentially goes on the run around the world
as they're trying to catch him.
Yeah, it's one of the best things about the book
is that it starts with, like,
I don't know how much of this is your conjecture
versus you had his diary, I guess,
you knew some of his thoughts, but it's like, he knows he's smart, he wants to do something
special. He's sort of bummed out that he hasn't done anything interesting or special with his
life and, you know, has sort of tried but hasn't really made it yet doing anything.
And then you've got his girlfriend and there's that part of it. They've got the libertarian
ideals. And then it leads to, you know, the thing escalates like crazy where I think,
I don't know if at its peak, but I think Silk Road was doing like, you know, over a billion dollars,
like GMV through the marketplace. Yeah. And there's like, you know, murder for higher
plots going on. Like it escalates like the craziest crime movie would would escalate. But I like that
you had that beginning part where it wasn't just this criminal mastermind. It was like this smart kid,
you know, just trying to try to do something and had a certain set of ideals. How did you know what he
was thinking? How did you get access to his diary? Why do, why does a writer like, how does it
a writer like you get that? And you got a lot of stuff. You got like the footage of the library where he
got arrested. You got like the chat logs from, you know, from the government. How did you get access to
this information. Well, I can't tell you exactly how I got a lot of it because that's the,
that's investigated reporting and, uh, and I, you know, obviously can't tell all to where it came
from. But the way I approach these stories is I want to know everything, literally everything.
Um, and so I have these researchers, uh, who worked for me and one of them, uh, one of them actually
used to do oppo research for the, for the, the Democratic Party trying to find, you know,
bad stuff on Republicans. And, um, we literally just blanket approach it. And what's been really
interesting. I have a new project, which I can't talk about, but I can tell you a little bit
about how I'm reporting it. What's been interesting is if it's a new project that we're doing,
and we've been using Google LLM's notebook, and so now we stuff millions of words into these things,
and I can just query it, whereas before we had to build, like, Excel spreadsheets and databases,
and, like, it was very, very complicated the way we did it. But we kind of put into three tranches.
So we have the Dreadpire Roberts, and we get access to the chat logs that were on his laptop,
which I don't actually know if he knew were there
because they were in a hidden folder,
and I don't think he actually knew
he'd been saving them, or maybe he was, I don't know.
And then there's some diary entries.
He'd literally been making a diary about the thing
because the best line ever is he thought
there'd be a book written about his life one day.
And then we go through social media
and we get all the photos and all the posts and all that.
Everything's on a timeline.
It's all got timestamps.
And then lastly, it's the interviews with everyone.
And as far as like, you know, we reach out, you get your books and you go and you find out everyone he went to elementary school with the middle school and high school and you interview everyone.
You find the neighbors, the kid that lived across the street, you know, which coffee shop you went to, you go to the coffee.
And then the thing I do, which is a little psychotic, but I do it anyway, is I want to be able to describe what the, I want you to feel like it's a novel in some respects.
But it's all real.
Like nothing's made up.
And so, like, if I know he, let's say he took a picture,
there was one instance where he went camping.
And so I didn't know where the campground was.
It was near San Francisco.
But he had taken two pictures, three pictures, sorry.
One was when he left, and we could figure out the street
because we could, you know, see the angles and the street signs.
The next was when he was driving over the Golden Gate Bridge.
And then the third was when he got to the campground.
And we could tell the timestamps that we just did the math.
and we're like, okay, it's probably 45 to 50 miles away.
And then we looked in the circle around San Francisco,
and then we found these different campgrounds.
And I went to one, and there we are at the campground.
So I go there, and I find the place that he took the picture from, where he's sitting.
I sit in that spot.
And I can smell everything.
And so I can describe that because it hasn't changed in six months or a year.
It still looks the same.
And so I do that with, like, everything.
I go to the coffee shops he goes to.
I walk the same street.
And so you get to describe this.
And then you also can look, you know, with different apps
where you can see the way the sun comes on certain days
and you can describe what the shadows look.
And you just can describe everything.
Sam, isn't this wild?
It's wild in two ways.
One, it's the same sort of obsession of why Jobs is like,
I'm going to design.
We need to finish the inside of the casing of the computer.
And they're like, Steve, nobody's going to see this.
And he's like, I've seen it.
I know it's there.
That's why we have to finish this, the inside.
case. So this is a weird
kind of product obsession, which I respect.
But then there's also like,
dude, nobody would know. Nobody would
ever know, and it might not ever matter. Why does it matter
to you to do that? And it's also weird that
Nick, you've written, like, hatching Twitter
wasn't the most favorable towards, like,
Jack Dorsey and some of these guys.
You guys all have the same flavor of crazy, though.
You know what I mean? Like, that's
what Sean's describing is like what the greats have.
Look, I totally agree. Look, I mean,
it's fun for me. I think it's like
I love the challenge. But it's, what's
interesting you can bring up jobs. Like, I spent quite a lot of time talking to him when he was
alive, and he was incredibly obsessive, and of course, and like, and, you know, one of the things
that he always said that, I mean, he said it publicly too, but, like, you should never know
that the technology exists and how it happens and so on and so forth. And, and it's, I'm fine
coming on a podcast and talking about how I did it, but when you're reading, I'm not going to tell
you. Like, there's nothing that drives me more insane where it's like, according to a, a transcript,
that I found it. It's like, who gives a shit? Like, just tell me the story. And like, and, and,
and I think that, um, I, you know, one of the beauties of great products is when you don't know how
it works and they, and I think one of the, and it just works and it's magical and it's, you know,
all those, those words that they use and the, in the, and the ads and everything. And I think the same
is true for storytelling. You, you know, like a lot of the greatest novels, I, racious reader,
I read a ton of novels. And, um, there are a lot of the,
greatest novels, the amount of research that people like Gabriella, like, Garcia,
Caz put into 100 years of solitude and like, into chest.
It's like, when you read these, they're not telling you all this.
They're just telling you a story.
Why would, I saw that you, I think you said in another podcast, you spent like three or four
weeks with Julia Ross's ex-girlfriend when he was starting it.
And there are, and I didn't know that you had spent time with them when I was spent time
with her because I was like, why on earth did she ever talk to Nick?
Like, you know, if I'm her, I'd probably just kind of shut up.
But you knew stories like, you knew like when they had sex or like the comments that they made to each other.
I'm like, how on earth does he know this?
And then I find out that you, I heard you spent time with her like getting info.
Why on earth would some of these sources talk to you?
Why not?
Why wouldn't they just say, I don't need that in my life.
Get out of here.
I think one of the things I've learned as a reporter for two decades is that people want to talk for different reasons.
So there's, you know, endless numbers of them.
And one of, I think, people think being a reporter is like, you got to break the news and you got to write the story.
It's like, no, it's relationships.
It's like, it is literally just relationships.
And what you have to do is you have to figure out, you need these people to talk to you,
and you have to figure out how to make them want to talk to you.
And so, for example, everyone has a reason.
So people that would leak stuff to me that worked at out.
Apple or Facebook, some of them were just so excited to say, oh, my God, I worked on this thing.
And it was like, and they just want it out there and they don't have the patience.
And, you know, and others at them worked on something that never got made or they got
fucked over by their boss or they didn't get the credit.
And like, or like they have other, the egotistical reasons, whatever it is.
And so your job as a reporter is to try to get them to talk to you and to try to figure out.
And my job is to be like, why, what can I say to you?
What is it that you want?
you want something. We all want something. And so with Julia, you know, I think I think she wanted
to be part of the story. And I think she wanted to be famous a little bit. And I also think
that she, for her, there were, there was some things that hadn't been said and haven't been
finished and that she hadn't, it was like a little bit cathartic, I think, in some respect.
And so that's the reason she talked. When it came to the agents, you know, I spent time
with all of the agents involved in the case, almost all of the agents. And, and, you know,
with Jared Egan and I probably spent 400 hours, 500 hours together. You know, we, I went to his
office, I went to his house, I went to his, we met in all different places. They saw the postal
service where he worked, and we went inside the Chicago airport and underneath the bowels of it.
I mean, it was amazing to see all this stuff.
Sean, do you remember that where, so Jared was the guy who, like, he wanted to be an FBI
agent or something like that, but he ended up being a Homeland Security agent, which is
I think the book starts with him.
It's like, he discovers a pill.
Yeah, single pill.
One pill.
What, what shocked me about Homeland Security and mail is that they would just sit there and watch packages come in.
And they would just be like, that envelope looks weird because, like, it's handwritten in a certain way.
It's just so crazy that one of the, one of a few different ways that he was caught was just like traditional police work as opposed to like,
something more complex. It was shocking that it was just like eyeballing things.
Well, it's what's what's what I started with the pink pill, the single solitary pink pill is because
and then there's a line, there's a paragraph in the book about how, you know, the website
started with a single line of code and all of a sudden he creates this world and so on is I
think what's interesting about technology, and this was just me the way I wanted to tell the
story, but what's interesting about technology is also the scene where
And I say scenes because I think of them in my head as scenes.
They're not chapters.
Everything's visual in my head.
And there's this scene where we see a computer being built.
And it starts with like a single diode.
And what I find so fascinating about technology is all these websites and all these products and all these companies, they start with this little, this one thing.
And the same with the books and everything.
And they grow into these, they take over the world.
And so for me, the pink pill, the single solitary pill of everything.
Ex-Sysy was the beginning of the story, which was just going to become a fucking tidal wave
that took over everything.
Did you ever feel in danger during your research?
I felt more in danger doing the Twitter book, quite honestly.
What was the danger there?
The powers that be didn't want?
Jack Dorsey did not want that book out, and he was trying to do everything.
He could stop it.
He's a peace-loving hippie.
As far as I could tell, he sits with a beard and a tie-dye shirt.
He just wants peace and love for all, I thought.
He, no, it's that is all a, it's all a story that he tells.
Look, there are definitely stories I've worked on.
I wrote a book that didn't, that we, I chose not to publish, which was about the NRA.
This was after Marjorie Stone and Douglas had happened because I went to school there.
And it's been a couple of years on the book and then decided to not do it for a few reasons.
But that one, I wouldn't even say that was, I wasn't, like, afraid someone would come after me,
except maybe like some gun nuts later.
You know, I've done some stories,
mafia stuff, like Russian hackers, things like that.
And I've never, you know,
I think a lot of the times people respect the process
and they don't want to start a war
with the New York Times or Vanity Fair or, you know.
I think it's different if you're like covering Mexican cartels
in, you know, in Mexico.
That's a whole different thing.
if you're trying to be a reporter in Russia or something like that, that's where you really do have to
start to worry. But in Silicon Valley, it's a bunch of nerds that, you know, talk a big game.
And that's it. I did have, I do have one story, but it's from the Twitter book. So when I,
I won't mention names here, but when I wrote the Twitter book and there's a moment in the book
where someone gets fired. And I got a call from a friend who was a journalist at Bloomberg.
And they said, hey, someone, there's a bunch of people, these like crisis PR people that are trying to, they're calling all the journalists, they just called me, and they're trying to say that your book is all fabricated and it's not true.
And this, especially this moment, it's all made up.
And I just wanted to let you know.
And so I just called this woman directly.
And I was like, hey, I heard you're calling everyone and saying, and she's like, I didn't say that.
And I was like, I said, look, I have the tapes of the interviews of that.
moment and I was like I will happily post it on Twitter. I said you just keep calling people and I'll
put it on Twitter and that was the end of it. So, you know, so there are these moments where you get
these crisis comms people that come after you. But well, you know, when you do as most research as
you do, you end up getting to know the subject in some ways better than themselves. It's like
these business and business, you know, CEOs will pay for these expensive 360 reviews where you
go with somebody goes and talks to their wife and their, they're, their co-workers and their,
and they get they come back with this feedback and it's supposed to be this eye-opening thing about them.
Uh, this person can, can find out more about them and show them a mirror that they haven't
really seen before.
In that case, they want it.
But, um, you know, when you're researching Jack Dorsey and you say something like, you know,
that's all the story, who's the real Jack Dorsey?
Well, I think just what, just one thing about what you just said is I know, somebody asked me
once, how do you know when you're like when you're ready to, to, because what happens is,
is you research for a long time.
You don't write a word until you're ready
until you've done all the research
and you have everything.
And I have in my office,
I have these boards and I create these cards
that you can, you know,
where they're just all the scenes
in different colors and everything
and put them up on a wall.
And I know when I'm ready to write,
when I start telling the people
I'm writing about things they don't know about themselves.
And that's the moment I'm like,
okay, I got it.
And so that happened with the Twitter book.
I remember sitting with all the founders.
And there was a moment where I told Evan Williams something that had happened behind his back
that I thought he knew about.
And he had no idea.
And I was like, oh, okay, well, there you go.
I'm ready.
And, you know, as far as Jack specifically goes, the best quote I ever got about Jack Dorsey,
I've written a lot about him, was from one of the board members years ago who said the
best product Jack Dorsey ever made was Jack Dorsey.
Because that's what it is.
Everything is a story, right?
Every single solitary thing we do, every single day is us telling a story.
The outfit you chose to wear today is a story about yourself.
Me telling a story about the book is me.
It's all we're doing all day long.
And we're telling these stories and we choose which story we want to tell certain
And people, based on how they want us to perceive, is, and I think that people like Jack and Jobs and Bezos, all of these guys and suck, they, that's one of their, one of the things they're great at is telling a good story.
And, and I think, like, I personally believe that your story for a company is more important than anything.
I don't care if you have the greatest product in the world.
If you can't tell a story about it, well, what's the point?
what's the example that drives that home?
YouTube is a perfect example.
YouTube was not the first video platform.
There were dozens, and I remember seeing this.
Like, when I was just a beat reporter covering Silicon Valley,
and my days were, like, it was like office hours,
and you'd have like startup after startup in like 2009, 11, 12,
come in and meet with you,
and they would have, you know, some of them have great ideas.
And but they couldn't walk you through it,
and they didn't hire a PR person
and they didn't like and and so you know and YouTube
YouTube had a great story and and that they were able to tell
and that became and it became the video platform there were other
video platforms there were I would argue way better than than YouTube and I mean
Vimeo is a perfect example Vimeo was a thousand times of a better product
and a prettier easier to all these things and and YouTube just told a great story
and Google helped them do that and it
becomes, that's what it becomes.
And if you, if Jack Dorsey had told the real story about Twitter,
that his best friend Noah Glass really was the one that came up with most of it,
and he stole it, you know, from him.
And, like, and that, that place was a shit show.
And no one knew what was going on.
It was all an accident.
Like, you'd be like, oh, okay.
But I, but to tell the story that I am the next Steve Jobs,
and I, I conceived of this idea of Twitter while I was in my mother's womb.
and like, holy shit, I got to check this thing out.
What is this?
Yeah, like the Jack Dorsey Twitter story I know is he grew up and he was just fascinated with dispatch
or something like that.
He talks about like I loved either taxi dispatch or some transportation dispatch service he
used to listen to.
And that short form dispatch communication was always something he was into.
And then when I had the idea for Twitter and he has the sketch of the original Twitter thing
that he posts, you know, he's posted before, that's the story that I,
I know, right?
Because I'm on, I'm just the receiving end of that product he's created.
So it worked, right?
The story worked.
Is it true?
No, it's not true.
Yes, he was interested in dispatch.
In the same way, he was interested in writing poetry and painting his nails black and dyeing
his hair blue.
Like, but that's not part of the story because what really happens is, and as I say in
hatching Twitter, and after, and no one knew this.
I was like, I had to talk to all these different people to kind of pin it together,
except Noah Glass knew it.
was, you know, Jack was living in San Francisco.
He was in the early 30s.
He was like a part-time manny in Oakland.
Like his life had not turned out in any way, like the predestined version of Jack Dorsey we think of today.
He got a job working at a, you know the ticketing booths at Alcatraz?
So there are these booths that are pretty small.
And he was the C programmer who would go and fix the ticketing booth.
And the reason he got the job was because he was so.
small enough to fit inside the booth and programmed.
So this was the life he was living.
And he had went,
he applied for a job at camper shoes to sell shoes,
not like to build the website or be the CEO.
Like, and he couldn't get the job and he was at a coffee shop.
And Evan Williams walks in and he'd read an article about Evan and he just felt like it was a sign,
which it probably was.
The universe was putting them together.
So you sent him a note and he said, I'm a programmer.
and they had audio at the time,
which was the podcasting company,
which was a decade ahead of its time,
which was a brilliant idea that Noah Glass had come up with.
And so Noah and Evan Williams had created this thing called Blogger,
and Blogger was, again, ahead of its time, you know,
and Google purchases it,
and one day this guy, Bizstone, reaches out,
and he says, I love blogger, I'd love to come work for you.
And so Evan Williams,
and Bizz become friends at Jason Goldman,
who's also another part of this.
He's working at Google.
They all kind of become buddies.
They end up leaving and we'll get Goldman's days.
But Evan Bizz end up leaving.
And the reason that they leave is because Evan lives on,
I think it was like 18th in Market or whatever the streets were.
And he, one day he was on his balcony,
and another guy, Noah Glass, was on his balcony.
And Noah had been reading that same article that Jack Dorsey had read.
And he recognized in the article that the photo of Evan was, of Ev Williams, was taken on the balcony.
And in the background, there's a little Noah glass because they were neighbors.
And so he goes out and he goes, hey, blogger, and they become friends.
And then he pitches in, Noah pitches in this idea for this podcast company.
He's like, this is the future.
It's going to take over radio and so on.
And so Ev is like looking for a project.
And so he agrees to do it.
It's all discombobbly.
no one knows what's going on.
Like, they can't run the startup.
Apple comes along with podcasts.
They're screwed.
Jack Dorsey comes along.
And they do a hack day to try to, like, last hurrah to save the company.
And they, during the hack day, Jack presents this idea for status, okay?
And everyone's kind of doing the same thing.
The ideas are very, very similar.
And I'll tell you a couple of them.
But Jack presents this idea for status.
And what status is is stat dot us.
slash Nick Bilton, right?
And you go there and you see my status.
It's one status.
If I say, and it's three, four words,
you're not really supposed to do anything more than that,
on a podcast.
Now, if you go an hour from now,
if I post a new status and I'm like taking a walk,
on a podcast is gone,
and it now just says taking a walk.
It's like an AMA way message.
It's literally an AMA way message that they were doing.
And so Noah has a very similar idea.
But Noah's like, no one is going to go stat.us slash Nick Bilton five times.
Your mom will do it because she wants to know what you're up to.
But no one else is doing that.
And so they all start bringing these ideas together.
And it's truly, it's like 11 people in the room.
It is a collaboration between all of them.
And what Noah has this realization is he's a very emotional guy, very smart.
And he's like, it needs to be about friendship.
It needs to be about connecting with your friends.
and that is what it's about.
And so he brought this humanity to it.
And so he came up with the stream and the app.
It's like all, not the ad replies, but the friends, like that you had friends and you.
And that was what, that was Twitter.
It wasn't status, you know.
There were a million other statuses back then.
I mean, and so when it ends up becoming what it became, Noah was a mess.
He was getting divorced.
He was like, his life just wasn't work.
And he gets pushed out by Jack.
and Ev and those,
and Jack,
who is best friends with Noah,
goes into Ev's office one day,
and he says,
either you get rid of Noah or I quit.
And as far as Ev knew,
Jack could come up with the idea himself,
you know,
when he was a little kid
listening to Fire Trucks.
That was a story that was added later.
And,
and so, you know,
so, but that's,
but the better story is not,
oh, I screwed over my best friend
for power and control of this thing.
It's when I was a kid,
I used to sit,
my room at 12 years old and I had the vision for Twitter by listening to fire trucks.
Okay, that's a great story. And so, you know, you seem like you don't like Jack Dorsey.
Is it, you don't like him or you just feel like that's a wrong that needs to be righted,
that story? Yes, you want to correct the record? That is, I don't like people who fuck other people
over, especially their friends. Did you find yourself, like, you had this great podcast with our
friend David Perrell and you set a line that Hitchcock, someone came up with where it was, um,
Every villain has a mother.
And it was like, I guess like you see yourselves in the villain at times.
That's what a good stories do.
You kind of like like a villain a little bit or they're a little, you know, you're, you're interested in them.
Did you find yourself liking Ross?
Did you find yourself liking Jack at times?
Like, because you get so into their minds and you also see that like even though they do a lot of bad things, they do a lot of epic things, a lot of big things.
Do you find yourself admiring and liking them?
Well, they all have a couple.
charisma to them, you know, that, that, um, you can't pull this off without the charisma. Um,
I met Trump. He's very charismatic, very, very charismatic. You like want to be around him,
even if you don't agree with him. What was the context? How'd you meet him? Oh, just at this,
at a rally once, um, years and years and years ago, I think 2015 or something like that. You know,
spent time with Elon, like, he's kind of funny. He's funny. He's like a weird dude, but he's funny,
you know. Jobs had this like, aura to him, you know, Bezos too. Like, they,
funnily enough suck doesn't necessarily have the charisma but it's almost like he's a robot and you're
like oh how does this thing work uh but um but they all have this this there's something to them that is
um that is enticing and and jack's fun he's a funny nice guy like when you're hanging out with them
he like it's like you're you're like oh this he's fun i like hanging out with this guy and um and and and so
and i never met ross i covered him in the court in the church and the
trial so I saw him many, many times, but never spoke to him.
And, but they have this charisma to them that I think makes them great in some respect.
And it's not something that you can learn.
It's just something that you either have or you don't have.
And so you cannot help but like them for that.
But I think for me, I just, I don't understand.
Here's the part with Jack, and then we should move on from it because I could talk all day
about this.
but Jack is worth $12 billion, give or take.
Noah Glass is worth about a zero dollars, okay?
He never got anything.
Ev gave him something and he had to live off that and whatnot.
If you're worth $12 billion, give the guy $10 million.
You wouldn't even notice.
It would literally be like losing a penny between your couch cushions.
And like that to me, even if you believe that you are the creator, even if you believe that, that you really came up with this on your own, because he may believe that today.
I just don't understand like why the kid that you were best friend, the guy you were best friends with, who without question helped you with this product, like, go take care of him.
And it never happened.
Well, no glass, I agree with you.
But also, no glass now has a thing too, right?
Didn't they have Olo?
No, that's a different no glass.
No shit.
They're not the same guy?
Not the same guy.
So,
yeah.
I thought they're the exact.
I thought it was like his second coming.
No,
he's,
he just,
he has a family and he,
like,
he married this French woman
and they have two kids.
And I think they,
he's not only Twitter got stolen from him.
His own name got stolen from him.
His own name got stolen from him too.
Let's go by the other guy.
Mess him up.
I did not know that.
I thought it was like,
oh,
he's getting it,
he's getting it back.
Oh, man,
that ruined this story for me.
Can you,
can you tell us?
us some other stories of, you know, that have stood out to you, things you still remember,
either experiences or whatever. You said, like, I got job stories. I have Zuck stories. I have
Elon stories. Let's, let's see. Jobs is the best one, I think. I'll, I'll do the job story.
So when I was a reporter at the times, I didn't really know what I was doing. Like, no one
knows what you're doing when you start out in these jobs. You pretend you do, but you don't.
And I don't even think, I think the 10,000 hours is nonsense.
I think it's about 30,000, right, to really understand what you're doing properly.
But I was at the times and I was, what had happened was I'd come into the times by complete accident.
Let me just start with that story because it's actually a very funny story.
So I was a, my dream job was, I wanted to be a war photographer.
And I'd read all these war photography books.
and I bought like saved up and bought like a fancy camera
and I would like do practice war photography with my friends
where they would like run through the streets
and you know and I would take pictures.
And so I put together this portfolio
and I was a graphic designer.
And I'd done toy package design for a while
and they'd like designed the verse Britney Spears doll
and stuff like that.
And so I was like, oh, I can use the designer job
to get to the Times as a designer
and then I can become a war photographer.
And so I end up doing that.
I do page layouts and stuff like that.
And when you do the way these meetings work is at these newspapers,
you have a morning meeting where all the editors and reporters go in one big room.
And each section, the business section, the culture section, the front page and so on.
They pitch their stories.
The editor decides which is going to go where on the front page and off you go.
But I would always speak up because I didn't know you weren't supposed to.
And so I'd be like, well, what about this?
And what about that?
And I like that.
And what have you did this?
And I just became, like, friendly with a lot of the editors.
And one day I sit down with the photo editor and I show her my photos.
And she looks, and her name was Michelle McNally.
And she, like, slowly goes through one by one.
And she closes the book.
And she goes, she's like, you're a good photographer.
And she's like, I think you'd be a good war photographer.
But I'm not going to hire you to do it.
And I was like, why not?
And she goes, because you're too normal.
She's like, these guys are fucked up.
They're on drugs.
They can only be in a war zone.
half the time, like they've got, like, they've just got something that's missing that they need
that adrenaline. And she was like, I don't feel that from you. And I'm grateful that, so grateful
that she said that. And so I was like, well, what do I do now? And there was, at the times,
I'd become friends with Marissa Mayer and I, that was talking about going over to Google to go to
Google News. I mentioned this to the editor-in-chief of the business section. And he said,
God, I wish we could keep someone like you to be like a reporter because everyone wants to
write for the print section. No one wants to write for the web. And I just, the words just came out of
my mouth. I never wanted to be a writer. It had never been anything on my list of things I wanted
to do. And I said, well, I would do it. And he was like, oh, well, why don't we try it? And then I was
like, oh, shit, what have I done? And so the first day I'm on the job at the New York Times, and I'm in
this massive newsroom with all these insane people.
that you know back then you were just like enamored by these bylines that you would just like,
holy shit. And my editor comes over and funnily enough, it was Twitter had gone down. And he said,
Twitter's gone down. Can you write a blog post about it? You know, call the company and everything.
And I was like, yeah, yeah, yeah, no problem. And so I looked at my computer and I googled,
how do you write a blog post? So that was my first. And then I realized like, oh, my God, what have I
done? I found myself in this job that I just don't know what to do. And,
And so I just, I spent weeks just reading every byline of the greatest reporters.
And I was like, okay, this is how they write the intro.
This is how they do the quotes.
This is how they do the nut graph.
And I just figured it out.
And I made mistakes, but like that was my, that was my foray into it.
So one day, about, I don't know, six months a year into me being a tech blogger for the
times, I reach out to Apple as, you know, you call and you say, hey, I'm doing the story
this, do you have a comment? And the PR woman that answers, she says, Steve's going to call you.
And at the time, there was a guy called Steve Dowling, who was like a very senior comms person.
And I was like, oh, cool, Steve Dowling, and she goes, no jobs. And I was like, what? And I was like, is that
normal? Does that happen? And she goes, sometimes, he's going to call you, wants to talk to you.
And I've been writing a lot of Apple stuff. And so he never called. And that night I went out for
dinner with my girlfriend at the time. And we went for sushi and I had a, I had a few sockies.
And then all of a sudden I get a phone call from this number in San Jose. And I answer it and it's
jobs. And I was like a little tipsy. And he talked to me for like an hour. And he just,
he just like convinced me not to do the stories in the way I did it. And I didn't, I didn't,
it didn't make any sense. But he made so much sense. And he just, he was like, oh, well, you got this
wrong in that. And actually, if you look at this, you can, and then the next day, so I wrote the piece,
and then a couple of days go by, you know when like you've seen a movie, and then all of a sudden
you process the movie, and then it's like, oh, that makes sense. I play this conversation back in
my head, and I was like, holy shit, he convinced me not to do the story that was the right story.
He got you. He got me. And so John Markov, who is a veteran reporter, I told him, and he goes,
he just says, it's the reality distortion field. And I was like, what's that? And he goes,
Jobs invented it.
And every time, I talked to him from time to time, and every time it was the same thing.
It was like this.
He had this ability to make you believe that what you were doing was not the right story,
and that this was the way to do it.
It was a really fascinating thing to see.
How does the reality distortion, because I've heard that so many times, the reality
to distortion field, never been in it, you've been in it.
What is he actually doing in your opinion?
You're a smart guy.
You're a storyteller.
you're a persuasive guy, you've been around other charismatic people.
Is it just his aura?
Is it his gravitas?
Is he really good at reframing things?
Is it intimidation?
What is he actually doing?
And it's one of those things when you hear about and you're like, that won't happen to me.
No, exactly.
I was, yeah, like, he, it's hard to describe what he's doing because it's so interesting.
He convinces you that you're wrong and you believe it.
You know, you, and look, I think there's a part of jobs that we should all admire and respect and be really amazed by, but there's a part of him that he was, he could be a real asshole.
Like Walter Isaacson told me this story once. Jobs was, was, he presented the iPad and, and then what they did back then, they don't do it anymore as much because the media has changed so much.
But what they did back then was they would go around to all the newsrooms around the country,
and they would meet with the editorial boards and the reporters off the record, in total private,
and they would show you the products that they were doing.
So, and presidents would do it too, and, you know, you would sometimes get invited.
They'd be like, you know, Bush is here or the Secretary of State, like, come in.
It's a huge, at the New York Times, it was this massive conference room.
And on the walls were all these photos of all the dignitaries that had come over the last 150 years.
and business people and so on.
And so we got a call that Jobs was coming.
And there was 20 of us that were invited to this thing.
And I end up getting sat next to Brad Stone,
who now runs Bloomberg business.
And Jobs was right next to him.
And Brad was the Apple report at the time,
and I was the tech blogger.
And there was this moment where he passes,
he brings an iPad prototype and, you know,
we're playing with them and everything.
And I was prodding it too hard.
And he was like, stop it.
You're hitting it too hard, Nick.
And I was like, okay.
And so, but then he says, this is another reality distortion field, this actually will make more sense.
He says, we're doing questions and answers and everything.
And then I said to him, I said, Steve, I saw you a couple years ago at Cupertino and you were sitting on, there was three stools on stage, and you were on one of the stools.
And you had just presented the Apple television box.
And I said, you said that you see Apple as having these, these.
these three businesses, right?
There's the Mac and there's the iPod
because that's what it was back then and whatever.
And I said, and then you said Apple TV
will be the fourth leg.
So the stool will become a chair, something like that.
And I remembered it verbatim back then.
And he goes, I never said that.
And I was like, no, I'm, no, you said that.
I'm pretty sure you said that.
And he goes, I never said that.
He goes, I've never said that about Apple television's an experiment for us.
We're just playing with it.
It's like, you know, because it wasn't doing very well
at the time.
And that was my question.
It's like, it's not doing very well.
Like, did you say that incorrectly?
And I was like, and I'm sitting there with all the editors and the big,
the big macas at the New York Times.
And I'm like, and I'm just like this young reporter.
And I'm like, no, you definitely said that.
And he goes, Nick, I never said that.
And I was like, okay.
And so, and then I just like, shut up.
And then afterwards, John Markov was there again, too.
I pulled it up on my computer.
And I was, and I watched the video.
I was like, he said it.
And he goes, reality distortion field.
And that was just it.
And so what was I going to do, go run around to the 20 people in that room and tell
them to say that he made it up?
No, he did what he did.
And it worked.
And they all believed that that was just an experiment.
Right.
Are there any of these guys that you felt like had it all?
Meaning they have the extreme success.
They're the extreme achievers of society.
But, you know, most of the time you look and they're on their fifth wife.
and they're kind of an...
The stories that they're kind of an asshole to work for
or that they screwed somebody over, or whatever, right?
Like, they...
Same as this quote, you know,
show me a great man and I'll show you a bad man, right?
Like, you know, there's this stereotype with that.
Was there anybody you met that you were like,
no, this person's actually...
They had it.
They had the career success,
but they also were a good family man
or they were actually good to be around.
They were a good human being to be around.
Yeah, people who you would say, they're winning.
Yeah.
There was one person.
And I say was.
There's two.
There are other people.
Look, I think, like, there are really good people in Silicon Valley.
They're not the most successful of, like, you know, they're not worth the hundreds of billions.
Like, I love Aaron Levy.
I think he's a great guy.
Like Dennis Crowley, you know, along the people that I really, really admire and like,
and I think are good people.
But there was one person that I was like, oh, you have it all.
And I had met him because I had done these series of stories on the Kindle.
And it was Jeff Bezos.
And I remember spending time with Bezos.
And when I became a columnist at the New York Times,
like when I got promoted to be a columnist,
there was a guy I worked with David Carr,
who was just a wonderful, wonderful human being,
who was the media columnist.
And he since passed away.
But he was everyone's mentor.
He would make time for anyone.
He was just a lovely, lovely person.
So smart.
And when I became a columnist,
I didn't, the first few,
columns I wrote. I was like, I don't know what the hell I'm doing. And David used to smoke outside,
and I would go down and like hang out with him. And he said, and he said, pick a fight that you
can win. That's what you need to do the first time when you first become a columnist. So I was flying out
to L.A. for Thanksgiving and I was reading a book on my Kindle back then. It was like 2010 and
11, 12. And I was reading a book on my kingdom. It was like three pages to go. And I was like,
oh my god and they were like you must turn off your
put your devices off now and put them in airplane mode and whatever
and I and I wanted to finish so I was like hiding the book
so I can finish it and the air the stewardess was like we are not
allowed to take off sir until you turn it off and I was like it's a
calculator like it's not going to destroy the plane and she
got very terse and I was so angry that when we finally got up
to altitude I wrote a column about just how ridiculous it was
and it got published like the next
day, whatever, and it was like the most red thing on the New York Times for weeks. And I was like,
oh, I'm picking this fight. And so I started doing, I went to all these testing facilities because
back then you were allowed, there were rules in the FA. You could use a razor, a tape recorder,
a heart monitor and some others. So we got all these things. Sean calls it going to Petty Court.
Yeah, you took them to Petty Court. Yeah, I was in Petty Court. And so we went to these testing facilities
and we did like EMP testing and we put a Kindle.
It's amazing.
These giant rooms that like,
and you just have a device and you can test all the EMPs.
It turns out like the Razor puts off like a hundred times more EMPs than a Kindle.
And so I did,
I just kept writing these stories because people like were so irate about the fact that they couldn't read their Kindle
or play on their phone while they were taking off.
And eventually it got overturned.
And Bezos during his earnings call that quarter was like on the earnings call was like,
I want to give a shout out to Nick Bilton for, like,
because it helped his business, of course, you know?
And anyway, I ended up meeting with him.
And, and he was, like, so smart and thoughtful.
And just you could tell was on a different level.
Like, you could just see, like, oh, this is someone who,
who never forgets anything, who, and he was married.
He was talking about his kids and how his teenage son still sits on his lap.
And, like, and then,
ended up going to a dinner at his house, and he, you know, talking about his family. And like,
and I met his wife McKenzie many times. And I was like, oh, this, he's the guy who has it all.
He's, like, created this unbelievable business. He, he doesn't, from what I could tell, he's not,
like, people don't say he's an asshole to work for, right? I'm sure there were some, but most people,
like, really, really loved working for him and stayed at Amazon for years and loved the culture.
and then they got divorced,
and he ended up in a very, very different relationship.
So I, and now he's like this bodybuilding looking like raver.
So I think he had it all,
but for whatever reason he had like this midlife crisis
that made him throw it all away.
I don't know.
I don't know.
So that was the one person that had it all.
I want to talk about one more thing.
Do you want me to tell that Walter Isaacson's story?
Oh, yeah, yeah, yeah, go ahead.
Yeah, come back to that.
So Walter told me this story of after the iPad where he had met Jobs in the four seasons,
I think it was, which is connected to the Moscone Center, and they had met for breakfast.
I don't know before or after the iPad.
Jobs had ordered a fresh squeezed orange juice, and the waitress brings it out, and it's not fresh squeezed.
It's got like pulp in it.
And he calls her back over, and he says, I asked for a fresh squeezed orange juice.
and she brings another one out, again, that's got pulp in it.
And he just becomes more and more angry and about this orange juice.
And at one point, she's almost in tears, this, like this poor waitress.
And at one point, Walter says, like, Steve, what are you doing?
Like, it's just an orange juice.
Like, she clearly doesn't, they clearly don't have, like, non-pulp orange juice because
it's fresh squeeze, whatever.
And he says, if she's chosen to be a waitress for her living, then she should be the best waitress she can be.
And it's my job to push her to do that.
And it's like, no, you don't know her backstory.
You don't know, like, where her life has gone and why and things like that.
And like, and I think that like, so for all the brilliance, there was a lack of compassion.
And look, we all, I think the thing is, the reality is, like, none of us are perfect.
We're all good.
Yeah, well, do you think you have that?
You're one of the best there is.
lack that compatible. I mean, like, are you accused
of being an asshole? Yeah, I
fucking love when people call me an asshole.
Like, I just, like, I just don't give a
shit. But, like, I, what I pride
myself on is, I
pride myself on being very, very
easy to work with. Like,
if we're doing a creative, if we're
writing a movie together and I'm working
with the producers or if we're doing a
documentary, like, I am there
to make this the best possible.
And I will never, ever,
ever be an asshole. And you, and you could
never find anyone that would say I would because I understand that what we're doing is really hard
and we're all doing our best and like the pursuit of creating great creativity. However, I've
picked fights with people as a writer and a journalist and gone after people that makes me into
a fucking asshole, quite honestly. You know, like I had a thing when Dave Morin was doing, you know,
all of his products and startups.
Like, I went after him.
And then later, I actually later apologized to him
because I felt like I was too much of an asshole.
And we had like a heart to heart about it.
And like, and I do think, like,
there's a great line that Bill Keller,
he was the editor and chief of the New York Times
many years, used to say,
and he used to say,
I don't believe people should be able to write about other people
until they have been written about themselves.
And I learned that when people started writing stories about me
and it was like, ooh, that feels awful.
Like that sucks.
And it was like a moment where I realized like, oh, like I don't need to be such a dick to people.
Like I can I can write these stories and I can be honest and I can tell the truth.
But I need to, you need to have some compassion too.
And I, you know, that was something I had to learn at the beginning of my career.
You talk about like your time at the New York Times where you're like, we were in this room.
And then the room had the portraits of all the important people who used to come to us and
and try to tell us what they were doing because we were the messengers.
and we used to kind of shape the narrative out there,
and they tried to shape us, and we shaped the narrative.
And there was these people who were, you know,
you recognize their names from the bylines
and you had just like so much respect for them.
Do you think that that's still like,
like, does that shit matter at all anymore?
Because for me, I'm like, if I'm a founder of a company now,
I put $0 in the PR.
I put zero care in, if I could get a press mention,
it's like so low on the total.
Compared to how it was 15 years ago when I was building a company,
that has changed my
respect for kind of
I think Trump really like
reality distorted everybody
when he started going after fake news
and then you started seeing examples of it
and like I just feel like the credibility
has gone down
but I'm also on the outside
you're almost you're from that world
do you feel the same way
or do you think that's completely misguided?
There's a practical thing of like
you can get an audience on Twitter on wherever
and you're like I don't want you
nor do I need you.
There's two answers.
to that question. And the first answer is that I think 90% of the media is utter garbage.
And it is complete and utter ridiculous drizzle that is opinionated and bad for society.
And I think 10% is people that are working really, really fucking hard to try to do investigative
reporting because they care. And I met those people. I remember those people at the New York Times
when I first started. And I had, they were, you know, they were people that were making a hundred
120 grand a year and could be making millions, like working for a hedge billions.
I don't know, like, wherever they wanted.
And they wanted to pursue the pursuit of honesty and setting the record straight and going
after these bad people.
Because there are a lot of bad people in the world.
Does that 90% of the crap include your past employers?
Does that include your times?
Yes, 1,000%.
Because I think, because the assistant, it all broke.
Like, it's broken.
And I believe it's broken beyond repair for now.
My hope is that, and maybe this is me being delusional,
but my hope is that AI can somehow help fix it.
But I believe that, or AI in the hands of people can help fix it.
But when I first started at the times, like,
you weren't allowed an opinion.
You weren't allowed.
There was no social media.
Like, there was no Twitter.
Like, I was at the times when Twitter came out.
Like, you, I remember being in meetings in those rooms,
and I would ask an editor, right?
What do you think?
And they would be like, I'm not,
I don't have an opinion on this.
I'm a journalist who comes at this impartially,
and all I want to do is report the facts.
And so I think that what happened was you had this,
the problem was the internet came along, right?
And you had to get to the Times,
like I was the first one that,
one of the first ones that came in,
I remember being in a meeting once
with 40 or 50 people at the times
there was this big meeting, and everyone kind of went around,
and they introduced themselves,
and they talked about, like, where they'd gone to school
and how they'd ended up here.
I barely graduated high school.
Like, I literally had a 2.1 GPA.
I got kicked out of art school.
And, like, they were all like,
I was at Harvard, and I worked at the Harvard Crimson,
and I did this in the other.
And I was like, oh, I'm the odd one out here
that shouldn't be here,
and, like, was only here because no one wanted to write for the internet.
And that became, everyone became that.
And I think that, like,
what ended up happening was you had this generation that came in after I left that was they were
they were the internet people they hadn't been mentored they hadn't you know they hadn't learned the ropes
and and they didn't and they felt like they had a right to say oh we shouldn't we should not publish
Tom Cotton in the opinion section and we're going to go be going to be irate because we
that is not the way the world works the world works is by listening to other people's opinions
And I think the reason that so many people in Silicon Valley have veered to the right, which they have, is because the left tells them, oh, you can't think like that.
And you can't, and you're stupid if you believe this and so on and so forth.
And I think that so the whole apparatus is completely broken.
But at the same time, I'm friends with a lot of startup founders who tell me that, like, oh, we got a profile in the New York Times.
and we had the biggest influx of customers we've had ever.
Or we got mentioned a write-up on here or whatever it is, and the same thing happened.
And so the eyeballs are still there.
People just don't necessarily trust them in the way that they did.
And I think that, you know, what's interesting is that you have all these new news outlets that come along,
like semaphore and the free press and things like that.
And they're trying to get people, they're trying to say,
we're impartial in the middle and so on and so forth.
But inevitably, what ends up happening is as soon as you put that opinion in,
the number of listeners or viewers or readers go up,
and then the product ends up steering that way.
And so I think that there is a desperate need for something that is...
What I think the solution is, honestly,
is you don't need a right-wing publication or a left-wing publication.
You need a both.
You need a place where there are people who have...
right wing point of views and centrist's point of views and left wing point and they're all in there
together and they're debating it and they're respectful of each other and maybe they disagree but they are
all there and the problem is the new york times is all left and the wall street journal is all right and so on
and so forth and um and so you you don't necessarily trust any of it yeah i would love to read the
debate i think that's a lot more interesting format um totally people who take the other two people each
each believe or are willing to, like, argue the best case for each side so you can read it.
And I think that's both entertaining because it's sort of a fight, an intellectual fight,
but I think it's also more informative because you get both perspectives, you know, sort of steel manned.
Is there a story you wish you could write, either if you had like infinite time or, you know,
sometimes you get successful and you're like, oh, somebody should do that.
It's probably not worth me doing it, but somebody could do that.
Is there a great story out there that you think somebody should be doing?
I don't know. My dream is I love thinking about stories from all different perspectives,
like how, you know, when do you do, when is a story of documentary? When is a story a book? When is it a
magazine? When's it a tweet? When's it a movie or a nine-part series on Netflix? And I do, I write all
forms of writing. And I'm fascinated by, you know, there's these different things that are fascinating.
is like, you know, a documentary is the people from the past talking about,
they're in the present talking about the past, right?
A TV series is the story unraveling as you're watching it, unravel.
A book is you get to climb inside, crawl inside someone's head for seven hours
and let them understand how visually things smelled and looked and, t-la-l-la-la.
And so I've always, I want to write a novel at some.
point. I think that that's like the next thing I want to do. And so, because I love, I read,
I'm a voracious novel reader. And, and I just have so much respect for the amount of research
that goes into them. And then they become, but it's like, it goes back to the beginning. Like,
the magic is you don't know that the people that wrote the novel spent hundreds of thousands of
hours researching all the history or whatever it is to do that. As far as like a net nonfiction, like,
I just love stories that are, that, you know, that old cheesy saying that, like, you know,
if it was fiction, you wouldn't believe it. You know, it's like, I really think that those are
the stories that, to me, are the most fun to read and report and research.
You have all these different seasons of life. You know, you said, in evolutions, you said,
you want to be a war photographer, and then you accidentally became a columnist, and then you
became an author.
And even though you've
disliked some of the guys you cover,
it sounds like there is a lot of admiration still
for a bunch of others as well.
Have you ever thought about going into
the business world since you've been
able to see it so closely?
I almost did this year, actually.
There was a project that I was going to go
do, which was a
startup in the storytelling
space. Can you say what it is?
I think that what's happening is there's
a change coming in
Hollywood as far as how we consume content and short form versus and the way, you know,
there are these structures that happen to stories that, that we become norms. And so, for
example, in a film screenplay, a film screenplay is 120 pages long because each page is a minute.
And that's why when you look at screenplays, they're courier in a certain font because
each page shot is usually one minute long. And so 120 pages is two-hour movie. And so there's a
there's a whole system set up.
There's a book called Save the Cat,
which essentially made this world where on page one,
the first person you meet is your main protagonist.
By page three, you have discovered what the movie is about.
By page five, there's the introduction of the antagonist.
By page 30, every single movie, if you go back and watch,
on page 30, which is 30 minutes in,
it's the changing moment.
It is the Joseph Campbell, like, this is when the journey begins.
and then by page 90, you've entered this third act,
and we've come back around and so on and so forth.
And while every movie is different,
we understand that that's the same thing.
And I think what's happened is that philosophy has been overused.
And I think, do you remember the movie Parasite that won the Academy Award?
Parasite changed it.
And it wasn't by page 60.
It turned into a whole.
different movie. And you were like, whoa, I've never seen that before. And that's why people,
I think, really loved it. And I think what we look for in culture is things that are new and
different. And every once in a while a genius comes along who does it. And then everyone else
copies that. And then you've got to wait for the next genius to come along to do the thing.
And I think that that page one, page five, page 30, page 90 thing is completely, it doesn't work for
today's audiences. They don't have the patience to wait until page 30 to find out when the turn is.
And so in short form, there's like this new philosophy of like one second, seven seconds, nine seconds.
And I think that like, but then they don't know how to tell stories. And I think that there's a world
where, you know, we were exploring this idea of like thinking about the new approaches of how to tell
long form stories and short form bites and things like that. And but at the end of the day, like,
the reason I didn't end up doing it is because I just love telling stories.
and I don't necessarily want to be like a manager meeting with VCs and boards and getting kicked out by Jack Dorsey.
How many copies of your books have you sold?
Hundreds of thousands of copies, yeah, over time.
I haven't checked in a long time, but hundreds of thousands and they've been printed all over and everything.
Why is America Kingpin Nata Netflix like seven-part series?
I can't believe nobody's.
It was one movie.
It was an amazing show.
It was okay.
That movie was okay.
I mean, no, it was bad.
It was bad.
It was bad.
I'm not going to tell you this story,
but the reason it has not is because I got screwed over on film rights deal.
So that's the reason why.
But it may end up, it still today, it still may end up there.
We'll see.
All right, if I wanted to spend six weeks getting as good as I could at storytelling,
what would I do?
Is there a book or is there some process?
If I was dedicated, how would I become an amazing storyteller?
Well, if you dedicated, you'd need more than six weeks.
So let's pretend.
What would be the first?
What would be the,
what could I do in six weeks?
I got 19 bucks.
What do you got for me?
If you,
I have all these books on like,
on storytelling that I read and like,
and they're interesting and like you get a little snippet.
I think the most interesting of all the books I read was,
when I wrote Hatchin Twitter,
I really wanted it to feel like a murder mystery
because no one knew what really happened.
And I read a book on murder mysteries,
which was unbelievable.
Like, you can read any of them.
Just Google, like, how to write murder mysteries.
It's a blue book.
It's a collaboration where a bunch of murder writers and screenwriters and so on, each write a few chapters each.
And there's a few things I learned from that, which one is when you read a lot of books, people forget to describe smells.
And murder mysteries always do.
And it's like, and it really brings you in.
It's wild to see how it can add like this extra layer.
They are like sounds, smells, you know, the noises, you know, not just the creaking stairs, but the, you know, the mold, whatever it is.
It just creates this sense of story in your brain.
The other thing is the Save the Cow, which is really interesting, even if you don't write screenplays, it's a really interesting way of understanding character and so on.
And I've read a bunch of screenplay books by like some of the old grates and they talk about characters and things standing in your way and so on.
but I will say for me
the best way
to become a great storyteller
is to read stories
and I think one of the things
that frustrates me about Silicon Valley
and the tech bro culture
is everyone's trying to optimize their life
for the most number of seconds
of this and that and the other
and it's like what they don't realize
is that some of the greatest
things that they will learn
is from things that have nothing to do
with what they do.
So I,
I'm 48 now when I was 45.
I love listening to piano music.
I've never played before.
I was like, you know what?
I'm going to learn the piano.
And I got obsessed with it.
I learned how to read music for the first time.
Oh, look at you.
What is that?
I'm on a...
That says like a New Year's resolution.
Is my New Year's mission?
How are you doing?
How is it?
I'm on the Faber Method here, so I'm on Book 2A right now.
I'm playing.
I'm playing.
There's a great app.
It's like, it's called, that I do in my spare time.
It's called Notes Teacher.
And you just do it for like five minutes a day.
Like sight reading practice?
Yeah, site reading practice.
But I got obsessed, obsessed.
Like, I literally would play two hours a day.
And like now I can play a couple of Chopin songs and things like that.
And I, and the thing I, and to me it was just a fun hobby.
And it was like really like, but what you learn is that like they are telling a story.
And they're telling a story, you know, Hans Zimmer says like,
the notes will ask a question,
and then the next notes will answer the question,
and it's like,
and the way Chopin,
like, is,
you just unbelievable when you,
if you sit and analyze the music
and think about, like,
the highs and the lows
and the things that are repeated,
and it's,
and it's amazing,
and it started to kind of inform
some of the ways I thought about screenplays.
And, like,
I read as many novels as I can't.
I hate nonfiction books.
I can't read nonfiction books,
which is funny because I write them.
I just,
they're just boring to me.
So I,
um,
But I read novels and I love like just studying as I'm reading like, oh, that was really unique of the way they did this.
And I read a lot of like 1950s sci-fi and then I read a lot of like 1930s, 40s, 50-60s incredible, you know, like the writers that we all should read.
And you just understand that they, it's really, these stories are about people, not the stories that we think that.
It's like the guy who wrote Game of Thrones, George R. Martin, I saw him speak once at a conference years and years ago.
And he said, you know, you could take my story, you could put it in a spaceship and it would still work.
You could put it in present day and it would still work because it's about the relationships and the characters.
And I think that that's what ends up happening is as you watch something, the best stories are the ones where you imagine yourself as the character.
And then you want to know how you would solve the problem.
if I'm James Bond, how would I get out of this
as the drill is about to
sever my heart or whatever?
And then you can't figure it out
and the storyteller does.
And you're like delighted by that
because it's great storytelling.
I think that's your secret, by the way.
You're like nonfiction is usually pretty boring,
but yours aren't.
And I think yours aren't because you consume
so much content that's, you know,
on the mystery side.
Yours are page turners.
And so, you know, that lateral thinking
where you take
skill from one discipline and apply it to another that usually doesn't have it. That's what some of the
best business people do as well as they take the best hedge fund, you know, Renaissance is because
they took the best AI machine learning, mathematical prowess and applied it to finance. And like,
we had Mike Posner on the podcast and he was talking about how he started as a rapper,
but all his hit songs are him singing. And he's not the best singer. But he's like, I am the best
writer, and he sang one of his lyrics, and he's like, the rhyme scheme I'm using here,
the reason people like that hook and it's catchy is because I'm using a rap rhyme scheme,
which no singer-songwriters would typically do, but that's why my song sounds different,
because I'm using a rapper's lyrics, but I'm singing them in the way that, you know, is rarely done.
But it sounds like you've kind of done that same thing.
No, I think it's totally true.
And look, I think Jobs did this thing where he, you know, computers back then were these nerdy
circuit boards and he was like, oh, I'm going to marry graphic design with technology.
And so for me, like, I want to marry the style of a novel with a narrative nonfiction story.
And, you know, there's great writers who've done that in the past that I've such admiration
for.
Whenever I get done reading your books, like, when I get done each time after I've read American
Kingpin, I'm, like, pretty bombed.
I'm like, oh, I was so, like, in love with, like, reading this and I was looking forward to
I was looking forward to, like, I would sneak off to, like, find the page and see if I can
just, like, read a few chapters. And I felt bummed that, like, I was, like, in this relationship
with this book, and it's over now. And I would, I've, like, searched so long and hard to find
something that could fill that need. And, like, only one out of, like, 20 or 30 books,
like, fills that need. I think Mastermind was another great book. That was a very similar
topic. And he did a, and the author did a great job of a very similar style of storytelling. But in
general, it's been really hard for me to find things. I read a lot of novels, but I like
reading, I like, sometimes when I read a novel, I'm like, I fall in love with this character,
and then I find out that I have to remind myself, the character is not real, and I get kind of, like,
bummed about it, you know? And so what, who do you view as a peer, uh, or, uh, someone you
look up to or you, they do your style of nonfiction storytelling? Well, just to real quick on the
novel, like, yes, they're not real, but they are based on reality. Like, every,
Every novelist pulls from the people around them to create the characters that you're reading.
So, you know, it's like, you know, if you go do research into like whatever your favorite book is, your favorite novel, like, and you look at how they did it if they talk about it.
They're like, oh, you know, when I was a kid, my grandfather used to tell me the stories about da-da-da-da-l-la, or like there was a neighbor across the street.
So I think they are, it is real and it's still people.
as far as as
as far as people
I admire and I look up to
I like I said before
I don't really read a lot of narrative nonfiction
I'm sorry a lot of nonfiction
I don't think there's that
like I and I love
I have such admiration for people's reporting
and even the writing but this is
I need a story I can't have
so I'm describing I want more like story
driven non-fiction
I need a story this is the shit man
I've just
Like, I just love learning about this stuff.
Well, you had one last question, Sam, and I interrupted you.
Or did you answer it?
Well, it was about, I, Sean, did you see the documentary on Netflix about, what was it called?
With Ilya, was it Bitfinex?
What was that called?
It was the couple, Bitcoin Bonnie and Clyde.
I did a documentary on them for Netflix with Chris Smith, who did Tiger King.
That was about this couple that had stolen 5.4, well, they stole $72 million.
in crypto and then
were trying to launder it and every they were the only
two people on the entire internet who
wanted the price of Bitcoin to go down
and they had every time
they were trying to launder it it would double
and double and double and double and double and double and to the
point that it was at its peak was worth
$8.4 billion.
And she was this like wacky
cringe rapper and he was like
a part-time magician investor and like
it's one of those stories. If it were
fiction, you'd be like, yeah, this is stupid.
This would never happen.
She, Sean, or the guy, Ilya, spoke at the very first Hustl Khan, which is kind of funny.
Oh.
And then the woman Heather.
You're the new Forbes 30 into 30, dude.
Well, listen, listen, listen.
The woman Heather, she was like a copywriter or something, but she wasn't any good.
And she, like, DM'd me asking to talk at one of our things or to, like, do freelance work or something like that.
And then she was kind of a sex freak.
I had a bunch of friends that, like, fooled around with her.
And they were like, this woman's wild, man.
You should stay away.
Like those types of stories.
And I was like joking with Nick, I was like, whoever I guess we interact with, just like, you know, maybe 10% of them are going to end up becoming like amazing criminals.
Because for some reason we've been around a bunch of these people like right as or right before they were committing some huge crime.
But that was also a good story.
Yeah, that was a great story.
That was just wild story that they went on, they went to Ukraine and like had like fake passports.
and I mean, it was just, yeah, it's nuts.
Is making a Netflix documentary, is there good money in that?
Or you do it just because it's sick?
And it's like, you know, it's art and I'm doing this for art.
How does that work?
There's not.
Look, being a writer, I think, you know, it's good money.
Like, if you can pull it off.
There's somebody sent me an article a while ago that you're more likely to become a billionaire
than to become a successful writer.
And, yeah, it's like, I think the way in the olden day,
at Vanity Fair, for example, or the New Yorker,
they had these contracts for these writers.
They would get paid hundreds of thousands of dollars a year,
and they would write four stories a year.
And then they had the House upstate
and the Brownstone in Brooklyn.
And like, it was a different time.
And now, you know, everything's been dilute.
Media has been completely diluted
where we have podcasts and blogs and newsletters
and mainstream media and all the stuff.
And so the advertising dollars
and the revenue dollars, it's not like they've gone up.
It's just they've evenly been more evenly distributed.
And so for me, I just want to tell stories and I just don't give a shit in what format it is.
And so it's really fun to be able to write screenplays, to write books, to write magazine features,
to make documentaries.
And then, you know, it all just kind of adds up from there.
I could talk with you for hours, man.
Thank you for doing this.
Thank you so much for having me.
This has been really fun.
We appreciate you.
All right, that's it. That's the pod. That's the pod.
