Naval Ravikant (@naval) is the CEO and a co-founder of AngelList. He previously co-founded Epinions, which went public as part of Shopping.com, and Vast.com. He is an active angel investor and has invested in more than 100 companies, including more than a few “unicorn” mega-successes.

His deals include Twitter, Uber, Yammer, Postmates, Wish, Thumbtack, and OpenDNS, which Cisco just bought for $635 million in cash.

You can find many more examples here, but suffice to say — he’s really, REALLY good at start-up investing.

In this episodes you'll discover: 

• How AngelList and Venture Hacks came to be
• What Naval looks for when deciding to invest in a founder 
• Common "wives tales" in venture capital 
• How to replace bad habits with good habits 
• How to set stakes and awards 
• And much, much more...

Links, resources, and show notes from this episode can be found at http://fourhourworkweek.com/podcast

This episode is sponsored by 99Designs, the world’s largest marketplace of graphic designers. Did you know I used 99Designs to rapid prototype the cover for The 4-Hour Body? Here are some of the impressive results. Click this link and get a free $99 upgrade. Give it a test run...

This podcast is also brought to you by Athletic Greens. I get asked all the time, “If you could only use one supplement, what would it be?” My answer is, inevitably, Athletic Greens. It is my all-in-one nutritional insurance. I recommended it in The 4-Hour Body and did not get paid to do so. Get 50% off your order at Athletic Greens.com/Tim

Enjoy!