Jake Paul & The Chainsmokers: Fame and Bubble Signs

Jake Paul & The Chainsmokers: Fame and Bubble Signs

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TL;DR

Jake Paul talks about building a career on Vine, organizing its top creators to demand $1 million each per year, and watching the platform collapse after Twitter refused. He then details his pivot into Team 10, pro boxing via Most Valuable Promotions, angel investing in OpenAI and SpaceX, and a stated plan to enter politics by 40. The Chainsmokers explain their Hype Machine-era rise, why 300,000 daily Spotify uploads distort music economics, and their intentionally hands-on venture fund. In the final stretch the group debates late-stage and secondary-market pricing as bubble signals, with Alex Pall warning that celebrity venture funds are rarely built for the concentration of returns at the top.

Chapters

  1. 0:01 Deals and companies

    Vine, creator power, and Jake Paul’s start

    Jake Paul traces his career to pre-algorithm Vine, where he says he built an audience from a love of comedy rather than strategy. He claims he never viewed social media as a wave because he was the wave. When Vine's top 20 creators realized they were generating views without pay, they demanded $1 million each per year; Twitter refused, the group stopped posting, and the platform collapsed within two months. The story supports his core point: creators who control distribution and attention have leverage over platforms.

  2. 4:39 Policy and regulation

    The iPad generation and platform responsibility

    Paul worries the iPad generation has no offline balance and criticizes low-quality streaming content made only for views, a phenomenon he calls 'YouTuber disease.' Asked whether YouTube should police it, he argues any single platform that cracks down will lose engagement to Twitch, TikTok, Instagram and others, so only a coordinated industry response can fix the incentive problem. He compares this to the AI race: unilateral restraint is punished, so platforms are structurally pushed toward lax moderation.

  3. 6:43 Deals and companies

    From Team 10 to boxing's MVP

    Paul explains his move from creator to entrepreneur: he began angel investing in Silicon Valley at 18, founded Team 10 to incubate talent, and says he built more than 20 creators with millions of followers. Boxing started as a dare from UK brothers, became a knockout in Manchester, and turned professional with a 100-million-fan audience. His Most Valuable Promotions now has about 400 boxers and MMA fighters and recently merged with PFL. He criticizes UFC economics, saying fighters receive roughly 15% of revenue versus 50% in other sports, citing Sean O'Malley's $600,000 payout.

  4. 11:52 Deals and companies

    Angel investing in the attention economy

    Jake Paul describes founding an angel fund with Jeff Woo and investing in OpenAI, Cognition and SpaceX. His thesis is that attention is a currency: capital is a commodity, but fame and marketing can push a company past the hype stage. He says he suggested the social app for OpenAI Sora, helped develop it, and licensed his name, image and personality for user-generated videos. He also acknowledges the downside of the attention economy: extreme opinions generate views but undermine credibility, and he sees that as a growing problem in journalism and online content.

  5. 17:06 Policy and regulation

    Jake Paul’s political future

    Asked where he will be at 40, Jake Paul says politics. He argues politics is one of the best ways to create change and that influencer-native candidates will dominate future elections. He cites Spencer Pratt as an early example and says Trump was a traditional celebrity who never had an engaged social-media audience or made his own content. Paul also discusses his work improving women's boxing, with higher pay and more fights, calling it a preview of the national impact he wants to have.

  6. 19:40 Deals and companies

    The Chainsmokers’ origin and Las Vegas run

    The Chainsmokers' Alex Pall and Drew Taggart say they met through a friend of a friend, joined a band without realizing the decision would define their lives, and are still best friends 14 years later. They describe an eight-year Las Vegas residency at Wynn and an early Hype Machine growth hack: mining its backend to send personalized emails to student bloggers, generating about 30 number-one remixes in their first year. They also reflect on streaming nostalgia, with teenagers rediscovering older artists in today's playlists.

  7. 25:24 Deals and companies

    Music industry economics and the VC pivot

    The Chainsmokers argue the music industry is distorted by oversupply: 300,000 songs are now uploaded to Spotify every day, versus 2012, when a well-targeted remix could stand out. They describe the label dilemma: early success produces a first check that tempts artists to sell rights for stability, and they hope an artist will reject that model. On investing, they say their edge is helping founders with distribution, brand, community and relationships rather than just capital, because the skills of building a music business now resemble startup execution.

  8. 33:37 Deals and companies

    The Chainsmokers’ value-add venture playbook

    The Chainsmokers outline their venture firm, focused on cybersecurity, AI, infrastructure, advanced technology and health tech, and say they deliberately avoid board seats. They prefer to be the 'sixth member' of a team, comparing the role to Robert Horry rather than Shaquille O'Neal. Their practical support includes brand-building and opening relationships; they cite an example of reaching an executive because the Chainsmokers performed at the company's party. Alex also advises celebrities to treat VC as a full-time job, noting the top 5% of investors make 90% of returns.

  9. 40:19 Markets

    Venture bubble signs and late-stage liquidity

    The conversation turns to bubble signs. Jason Calacanis recounts introducing Travis Kalanick to 21 angel investors, 19 of whom passed on Uber as a 'dirty' business, and calls missing Robinhood because of his Facebook scruples a billion-dollar mistake. The group discusses follow-on discipline, secondary-market liquidity and late-stage rounds trading at two or three times a company's earlier value with no performance change. They conclude that behavior is a bubble and the right time to take money off the table, and debate whether 'billion-dollar company' should be defined by revenue rather than valuation.

Key takeaways

  • Vine's top 20 creators demanded $1 million each per year from Twitter; when Twitter refused and they stopped posting, Vine disappeared within two months, according to Jake Paul.
  • Jake Paul says his investment edge is attention: he has used his following to back OpenAI, Cognition and SpaceX and to help develop Sora's social app.
  • The Chainsmokers call the current music business an oversupply trap, with 300,000 songs uploaded to Spotify each day making it harder for new artists to break through.
  • Alex Pall advises celebrities to treat venture capital as a full-time job, because the top 5% of investors capture 90% of returns and funds are illiquid.
  • Jason Calacanis recounts that 19 of 21 angel investors he introduced to Uber passed because they saw regulated ride-hailing as a 'dirty' business.
  • The hosts treat late-stage rounds at 2-3x a company's earlier price without fundamental changes as bubble behavior and a signal to sell.
  • Jake Paul predicts influencer-native politicians will become normal; he cites Spencer Pratt and argues Trump was still a traditional celebrity.

Quotes

I was never a supporter of the idea that social media is the new wave; rather, I was the wave.

Jake Paul 0:00:34

If these platforms do not unite to solve the problem, it will not be solved.

Jake Paul 0:06:12

We believe that we are in an attention economy, and that capital is a commodity.

Jake Paul 0:11:52

Mentioned companies and people

Companies

  • Vine
  • Twitter
  • YouTube
  • Snapchat
  • Facebook
  • Team 10
  • Most Valuable Promotions
  • UFC
  • PFL
  • OpenAI
  • Cognition
  • SpaceX
  • Mantis
  • Underdog Fantasy
  • Robinhood
  • Uber
  • Founders Fund
  • Sequoia
  • Spotify
  • Hype Machine
  • Wynn Las Vegas
  • Zipline
  • Fast
  • Atoms

People

  • Jake Paul
  • Alex Pall
  • Drew Taggart
  • Jason Calacanis
  • David Friedberg
  • Mike Tyson
  • Dana White
  • Sean O'Malley
  • Elon Musk
  • Jeff Woo
  • Spencer Pratt
  • Donald Trump
  • Travis Kalanick
  • Vlad Tenev
  • Brian Singerman
  • Mike Moritz
  • John Doerr

Topics

  • creator economy
  • Vine shutdown
  • social media moderation
  • boxing economics
  • angel investing
  • attention economy
  • music streaming
  • venture capital
  • secondary market liquidity
  • bubble signs

Predictions

  • Jake Paul will enter politics by age 40.

    Jake Paul by age 40

  • MVP's merger with PFL will make it a real competitor to UFC in the next few years.

    Jake Paul next few years

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