Sam Parr invests $400K into Abstract Ops personally and via Hampton VC
Sam Parr · A Discussion on Sam & Shaan's Recent Investments | My First Million #195 · Jun 30, 2021 · at 2:33
Sam Parr discusses his angel investment portfolio and syndicate backing startup back-office platform Abstract Ops.
0:00 / 0:26exact quote · 26.3s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“I ended up investing around 400,000 dollars. And I got a preface that saying that, I do my own money that comes straight out of my checking account. And then I also have this thing called HamptonVC. So HamptonVC.com or is it .com or .co? And you can it's where I use AngelList, where I invest, it's HamptonVC.com. It's where I invest like my own money. And then if someone wants to join, they can. So in this deal, I did both my own and Hampton's money and we invested about 400,000 dollars.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Sam Parr
Parr: Gen Z is the first generation since 1800 with declining IQ
“Starting in 2010, They noticed a decline, and this isn't just in America. It's in Norway. They noticed there's a bunch of different countries. I think 80 different countries have actually studied the same thing. This isn't just an American thing. But starting …”
Parr: Airbnb co-founder Joe Gebbia insisted to me that aliens are real
“Joe, look, You're worth, like, ten billion dollars. Like, if there's Illuminati, like, you are either in it, or you're friends with the people in it. Tell me one thing that, like, you guys talk about, and he looked at me, he goes, aliens are real.”
Parr: Traba explicitly promotes a 996 work culture
“And they basically, I think they explicitly said this on their website. We have a nine, nine, six culture, which means working nine AM to nine PM, six days a week.”
Parr: Sports betting apps assign account managers to encourage losing gamblers
“DraftKings or whatever? They have account managers. So if you become, I read about this one woman who was making like, a 150 grand a year, so whatever that puts her at in terms of class, but not like crazy wealthy, and she's, and she lost all of her money, and…”