Are you stuck creating on the couch? In today's episode, we explain how one small group can change the world, debate whether these people need to meet in real life, and Delian shares why he feels start-ups must hire based on merit. Hosts Sahil Bloom and Greg Isenberg are joined by guest Delian Asparouhov, principal at the Founders Fund and co-founder of Varda. Delian explains the secret to running a billion-dollar fund while simultaneously launching his first company, shares his take on where the venture world is headed and explains how China is taking control with TikTok.►► Want more community? Learn more here: http://trwih.comSPECIAL THANKS TO OUR SPONSOR►► This episode is brought to you by Wealthfront, a saving and investing app that can help you earn more on your money and build wealth for your future. The Wealthfront Cash Account grows your savings at 1.40% APY, and offers unlimited, fee-free transfers to your external accounts — plus, a ton of other features that help you optimize your cash. So, if your money is earning less anywhere else, now might be a good time to make a move.Wealthfront is offering Where it Happens listeners a free $50 bonus with a $500 initial deposit to a new Cash Account. Go to wealthfront.com/Happens to claim your $50 and start growing your savings.Cash account is offered by Wealthfront Brokerage LLC, Member of FINRA/SIPC. Wealthfront Brokerage is not a bank. We convey funds to partner banks who accept and maintain deposits, provide the interest rate, and provide FDIC insurance. Rate is subject to change. Investment management and advisory services--which are not FDIC insured--are provided by Wealthfront Advisers LLC (“Wealthfront Advisers”), an SEC-registered investment adviser.THIS EPISODEDelian Asparouhov: https://twitter.com/zebulgarSahil Bloom: https://twitter.com/SahilBloomGreg Isenberg: https://twitter.com/gregisenbergProduction & Marketing Team: https://penname.co/FIND US ON SOCIALTwitter: https://twitter.com/_trwihInstagram: https://www.instagram.com/_trwihWeb: https://trwih.comSpotify: https://open.spotify.com/show/6aB0v6amo3a8hgTCjlTlvhApple: https://podcasts.apple.com/us/podcast/where-it-happens/id1593424985SHOW NOTES00:00 Sneak Peek01:11 Welcoming Delian02:23 How a Small Group Can Change the World07:54 Hiring Based on Merit10:14 Did ESG Create Change?13:40 TikTok Data Rights17:36 You Can’t Change the World from Your Couch21:55 Greg's Unique Perspective On Working Hard and a 10-Year Bet28:33 What is Varda and its Origin Story?37:31 Separating Design (+) Manufacturing = Innovation42:51 How to Become a Leader and Expert in Space45:34 The Secret to Founding a Start-Up and Running a Fund50:48 Delian’s Origin Story and His Prediction for the Future56:04 Thanks for Listening

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“What did the council decide on item 42?” — answered with the speaker and the moment.