Steven
👤 PersonAppearances Over Time
Podcast Appearances
People always say, why don't you teach me to trade? Like, it's hard. It's hard trading and it's dangerous. And I think a lot of young men are getting sort of sold into trading and becoming gambling addicts. You know, work hard. And I wouldn't even say don't become an entrepreneur. I've never, ever said these things. Work hard.
People always say, why don't you teach me to trade? Like, it's hard. It's hard trading and it's dangerous. And I think a lot of young men are getting sort of sold into trading and becoming gambling addicts. You know, work hard. And I wouldn't even say don't become an entrepreneur. I've never, ever said these things. Work hard.
You know, if you think that you have an opportunity in tech entrepreneurship, go for it. Understand it's risky. I think that sometimes this message, just become an entrepreneur and you'll make it, is a bit dangerous because I think most people who try to become entrepreneurs fail. And I think it's super, super dangerous.
You know, if you think that you have an opportunity in tech entrepreneurship, go for it. Understand it's risky. I think that sometimes this message, just become an entrepreneur and you'll make it, is a bit dangerous because I think most people who try to become entrepreneurs fail. And I think it's super, super dangerous.
The reality is, and you know, maybe Dan won't like this, maybe you won't like this. I think it is very, very difficult for a young man or a young woman from a poor family to to become rich. And I think it's increasingly hard even to just get those basics of financial security. So listen, obviously reduce your spending if you can. Don't buy into this like Balenciaga bullshit. Stay away from that.
The reality is, and you know, maybe Dan won't like this, maybe you won't like this. I think it is very, very difficult for a young man or a young woman from a poor family to to become rich. And I think it's increasingly hard even to just get those basics of financial security. So listen, obviously reduce your spending if you can. Don't buy into this like Balenciaga bullshit. Stay away from that.
But... work hard, study hard, try to get a good job, but also understand we are shrinking the seats on the lifeboat. That's what we're doing. We used to allow 50% to be secure. Then it's 40%. Then it's 30%. Then it's 20%. You know, you've got family in Nigeria. If a young person from, like, Shantytown in Nigeria came to you and said, Stephen, what can I do to get rich?
But... work hard, study hard, try to get a good job, but also understand we are shrinking the seats on the lifeboat. That's what we're doing. We used to allow 50% to be secure. Then it's 40%. Then it's 30%. Then it's 20%. You know, you've got family in Nigeria. If a young person from, like, Shantytown in Nigeria came to you and said, Stephen, what can I do to get rich?
You would have to say to them realistically, listen, you are in a difficult situation here. You need to work really, really hard. But if you are able to make enough money to support a family, be proud of yourself.
You would have to say to them realistically, listen, you are in a difficult situation here. You need to work really, really hard. But if you are able to make enough money to support a family, be proud of yourself.
What I would actually say to them, so yeah, I have got family in Nigeria. For people that don't know, I'm by blood half Nigerian. I would say to them that knowledge is really your life raft. So obviously there's a big tech boom happening in Nigeria, which is liberating a lot of people from that situation.
What I would actually say to them, so yeah, I have got family in Nigeria. For people that don't know, I'm by blood half Nigerian. I would say to them that knowledge is really your life raft. So obviously there's a big tech boom happening in Nigeria, which is liberating a lot of people from that situation.
So I would try and tell them to get on the life raft that is like knowledge of this new revolution. So from Nigeria, you can learn to code. And then the great thing now is that we literally have, actually, this is quite interesting. We're building a tech company in San Francisco called Flightcast. It's live. Everyone can go look at it, flightcast.com.
So I would try and tell them to get on the life raft that is like knowledge of this new revolution. So from Nigeria, you can learn to code. And then the great thing now is that we literally have, actually, this is quite interesting. We're building a tech company in San Francisco called Flightcast. It's live. Everyone can go look at it, flightcast.com.
And the lead developer, oh, and Guess Radar, the lead developer of Guess Radar is a Nigerian guy.
And the lead developer, oh, and Guess Radar, the lead developer of Guess Radar is a Nigerian guy.
But how many of those jobs in the Nigerian tech sector are going to kids that grew up in the shanty towns? I have no idea. Because I worked in... People ask me, tell me how to do what you did. I worked in Canary Wharf. It's in East London. I could see the building from my house growing up. There was not a single other kid from East London the whole time I was there.
But how many of those jobs in the Nigerian tech sector are going to kids that grew up in the shanty towns? I have no idea. Because I worked in... People ask me, tell me how to do what you did. I worked in Canary Wharf. It's in East London. I could see the building from my house growing up. There was not a single other kid from East London the whole time I was there.
Do you know, to Dan's point about this remote work revolution where work now has... You can work from anywhere. And in our company, Third Web, San Francisco, some of the staff that we now have are in the Philippines because they just have great creatives there. It's obviously more cost-effective.
Do you know, to Dan's point about this remote work revolution where work now has... You can work from anywhere. And in our company, Third Web, San Francisco, some of the staff that we now have are in the Philippines because they just have great creatives there. It's obviously more cost-effective.