The Hustle’s “My First Million” with Dharmesh Shah
HubSpot co-founder Dharmesh Shah appeared on The Hustle’s “My First Million” podcast with Sam Parr and Shaan Puri, touching on various topics about his experiences as a billionaire investor. Despite Shah’s reluctance to sound too boastful, the team at The Hustle opted to put “billionaire” in the title of the podcast for an increased viewership. Here’s a summary of what they talked about:
Shah’s Background
Dharmesh Shah is the co-founder of HubSpot, a publicly traded company valued at around $25 billion today. Before HubSpot, he had already gained experience in the world of startups, having sold another startup previously for a significant amount of money. Today he is a wealthy angel investor in numerous startups, including Coinbase. He is also an owner of several million-dollar domains and is worth an impressive $850 million, according to Wallstreetmind.com.
Dharmesh’s Role at HubSpot
Shah is the current CTO of HubSpot, and he considers the company his “baby,” spending most of his non-personal time on it. Although he has other interests, all of them in some way or another connect back to HubSpot.
Investing
Shah is a well-known angel investor, having invested in startups such as Coinbase. He shared some tips and insights into his investment philosophy, indicating that he invests in startups that he believes may not have the highest upside but are stable investments that will generate a profit over time. He also discussed investing as a way to learn more about different business models.
Shah’s Successes
Shah’s wealth has enabled him to indulge in various things. He is a collector of expensive domain names, having bought his wife a website for her birthday. Shah also invests in his personal interests, such as his love for live music.
Conclusion
In the podcast, Shah spoke candidly about his experiences as a billionaire investor and how his wealth has enabled him to invest in his interests. Despite his accomplishments, he remains grounded and committed to his passion–HubSpot.
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