Rich People
topic on 5 shows · 7 statements across 7 episodes
the Knowledge Project 
BigDeal 
Lenny's Podcast 
the a16z Podcast 
20VC
7 statements about Rich People, every show
Horowitz: Defunding police privatizes security for the rich
“It's defund the police for poor people. It's privatized the police for rich people.”
Sanchez: Wealthy consumers are value-sensitive, not price-sensitive
“They aren't price sensitive. They're value sensitive.”
Codie Sanchez: Sell to Rich People Because They Value Convenience Over Price
“This is also why you want to sell more things to rich people because they actually much more value convenience and continuance as opposed to price and discounts.”
Wealthy people deflect rejection as feedback while poor mindsets accumulate it
“So rich people have gotten told no so many times. They've been rejected so many times that it almost just bounces off of them. They kind of go, yeah, I'm gonna do it anyway. Thanks for the feedback. I'm gonna try it. I think poor people They have confirmation …”
Sutherland: Early tech adoption is driven by status display that subsidizes immature innovations
“Actually the reason most people adopt new technology is peacock's tail. It's showing off. The first cars weren't as good as horses and carts. They were done to show off. They were done for novelty seeking reasons or for reasons of status display. And that's wh…”
Immelt says most wealthy people are not self-made and had a head start
“There's so many people that think they were self-made, but most rich people started with a big head start. On everybody else, and they need to remember that.”