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cover of episode Gabe Whaley - Building MSCHF - [Invest Like the Best, EP.397]

Gabe Whaley - Building MSCHF - [Invest Like the Best, EP.397]

2024/11/26
logo of podcast Invest Like the Best with Patrick O'Shaughnessy

Invest Like the Best with Patrick O'Shaughnessy

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Patrick O'Shaughnessy对MSCHF的商业模式和创意表达进行了探讨,并对MSCHF的成功案例进行了分析。Gabe Whaley详细阐述了MSCHF的创意过程、团队合作方式、以及与风险投资者的互动经验。他认为MSCHF的核心目标是‘垄断一种感觉’,即通过颠覆性的创意来引发文化共鸣,并以此建立独特的商业模式。他分享了MSCHF从早期数字项目到实体产品的转型历程,以及在艺术、时尚等领域的探索和经验。他还谈到了如何保护创造力、应对挑战以及对未来发展的展望。 Gabe Whaley详细介绍了MSCHF的创意流程,包括头脑风暴、创意评估和生产流程。他强调了创造一个鼓励冒险和容错的环境的重要性,以及团队合作和跨界融合的价值。他分享了MSCHF一些标志性项目的创作过程和背后的思考,例如‘水上行走’鞋和‘大红靴’,并分析了这些项目成功背后的原因,包括时机、社交媒体算法和人们对新奇事物的关注。他还谈到了与风险投资者的互动经验,以及如何保持独立性和长远的眼光。他认为MSCHF的成功并非偶然,而是建立在对文化趋势的敏锐洞察和对创意的执着追求之上。

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Chapters
Gabe Whaley describes Mischief as a collective excuse to make whatever is in their heads at any given moment, challenging assumptions about art, commerce, and culture.
  • Mischief is hard to define but aims to 'monopolize a feeling' through subversion.
  • The company's work ranges from microscopic handbags to tax software with anime characters.
  • Mischief sees the world in terms of opportunities for subversion and new perspectives.

Shownotes Transcript

My guest today is** **Gabe Whaley), the founder and CEO of MSCHF. What began with viral internet pranks in 2014 has evolved into one of the most singular creative companies in modern culture. MSCHF’s work ranges from microscopic handbags—the size of a grain of salt—to tax software that helps you file your returns by going on virtual dates with anime characters.

Every two weeks, they release something new that challenges our assumptions about art, commerce, and culture. MSCHF is hard to define but Gabe says their goal is to “monopolize a feeling” and subversion is the rare constant. Their most viral creation, the Big Red Boot, took over the internet in 2023.

Our conversation explores how a West Point dropout built a company that thrives on breaking rules, but it's also about something bigger - the power of unbridled creative expression and what happens when you build a business around it. I hope it inspires you to think about what your version of mischief could be. Please enjoy this fascinating discussion with Gabe Whaley.

Sign up) for the Alphasense panel discussion hosted by Patrick.

For the full show notes, transcript, and links to mentioned content, check out the episode page )here).

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This episode is brought to you by** Ramp**). Ramp’s mission is to help companies manage their spend in a way that reduces expenses and frees up time for teams to work on more valuable projects. Ramp is the fastest growing FinTech company in history and it’s backed by more of my favorite past guests (at least 16 of them!) than probably any other company I’m aware of. It’s also notable that many best-in-class businesses use Ramp—companies like Airbnb, Anduril, and Shopify, as well as investors like Sequoia Capital and Vista Equity. They use Ramp to manage their spending, automate tedious financial processes, and reinvest saved dollars and hours into growth. At Colossus and Positive Sum, we use Ramp for exactly the same reason. Go to** Ramp.com/invest**)** to sign up for free and get a $250 welcome bonus.**

This episode is brought to you by** Alphasense**). AlphaSense has completely transformed the research process with cutting-edge AI technology and a vast collection of top-tier, reliable business content. Imagine completing your research five to ten times faster with search that delivers the most relevant results, helping you make high-conviction decisions with confidence. AlphaSense provides access to over 300 million premium documents, including company filings, earnings reports, press releases, and more from public and private companies. Invest Like the Best listeners can get a free trial now at** Alpha-Sense.com/Invest**)** and experience firsthand how AlphaSense and Tegas help you make smarter decisions faster.**

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Invest Like the Best is a property of Colossus, LLC. For more episodes of Invest Like the Best, visit joincolossus.com/episodes). 

Follow us on Twitter: @patrick_oshag) | @JoinColossus)

Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com)).

Show Notes:

(00:00:00) Welcome to Invest Like the Best

(00:06:50) Defining Mischief's Unique Creativity

(00:11:09) The Origin Story of Mischief

(00:12:53) Early Digital Projects and Virality

(00:20:33) Transition to Physical Products

(00:33:07) Navigating the Art World with Mischief

(00:39:52) Entering the Fashion World

(00:42:37) Mischief's Creative Process

(00:44:51) Structured Brainstorming and Idea Vetting Process

(00:46:38) The Role of Rules and Boundaries in Creativity

(00:48:39) Interacting with Venture Investors

(00:51:07) The Big Red Boots Phenomenon

(00:54:48) Supply and Demand in Creative Projects

(00:58:08) Protecting Creativity and Overcoming Challenges

(01:00:11) Lessons from West Point

(01:05:25) Fashion as Utility and Fantasy

(01:09:47) Recruiting and Team Dynamics

(01:11:56) Navigating Crossroads and Future Goals