How to Save Your Startup from a Sudden Shutdown
In this video, we look at platform risk. How can it suddenly hit a startup and be a threat to the startup, in many cases if a life-and-death situation for the startup?
We talk to Mathias Hermansen, founder of GamerPay, who shares his experience of nearly losing his platform due to a sudden API shutdown. He discusses the challenges of operating a marketplace for gaming skins and the platform risks associated with relying on external entities.
Matthias and his team were able to pivot quickly and develop a manual solution to regain control. Transparent communication with the community was crucial in maintaining trust.
Despite the initial setback, GamerPay bounced back with the support of its loyal user base. The experience highlights the importance of contingency plans, open communication, and resilience in the face of unexpected challenges.
Guest: Mathias Hermansen
LinkedIn: https://www.linkedin.com/in/mathias-hermansen/
Gamerpay: https://gamerpay.gg/
Full Interview with Mathias:
https://youtu.be/OfO5UVuspMQ?si=Fowea9U7JNTlyam_
More from Raw Startup
Founders Weekly Podcast
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https://rawstartup.co/
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Chapters
00:00 Preparing for Unexpected Challenges
02:13 The Heart Attack: API Shutdown
04:07 The Lifeline of Transparent Communication
05:26 Building Trust and Loyalty
06:18 Reducing Platform Risk
07:13 Resilience and Adaptability
#platformrisk #gamerpay #startups
I make $100M/year โฆ Iโm going to die with $0
๐ย Read โDie With Zeroโ today: https://www.diewithzerobook.com
In this interview, Bill Perkins shares with me his journey from peon to making $100M per year in energy trading. He shares ideas from his groundbreaking book "Die with Zero" on spending money at the right time to bring you maximum fulfillment in life.
Timestamps:
00:00 - Intro
00:58 - Who the hell is Bill Perkins?!
02:24 - From nobody to making his first $1 Million
03:53 - WTF is Energy Trading?!
06:29 - Risky Trading Stories
07:48 - What is it like to make $100,000,000 ๐คฏ
09:48 - Do Multi-Millionaires Pay Taxes?
12:24 - Die With Zero philosophy explained
17:49 - Advice for people making $50k right now?
22:19 - How Bill spends his millions!
26:19 - What Does a Millionaire Teach His Kids About Money?
28:03 - How do you know Dan Blizerian?
31:00 - How Die With Zero saves lives
33:04 - Bill and I Make a $1,000 Bet
๐ Start A Business in 48 Hours: http://milliondollarweekend.com/ ๐
โ๏ธ My Newsletter (I reply to emails): https://noahkagan.com/
๐ธ Connect on IG (I reply to DMs): https://www.instagram.com/noahkagan/
๐ฆ Connect on X (I reply to DMs): https://x.com/noahkagan
๐ Subscribe: https://www.youtube.com/channel/UCF2v8v8te3_u4xhIQ8tGy1g?sub_confirmation=1
What does mastery really look like?
โ๐๐จ๐ข๐ง ๐๐ฒ๐ซ๐จ๐งโ๐ฌ ๐๐ข๐ฏ๐ ๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐ ๐๐จ๐๐๐ฒโ
https://www.makemoreofferschallenge.com/
Subscribe to my channel here: https://www.youtube.com/@MyronGolden
๐๐ฒ๐ซ๐จ๐งโ๐ฌ ๐๐จ๐จ๐ค๐ฌ
B.O.S.S Moves
https://www.bossmovesbook.com/
From The Trash Man to The Cash Man
https://www.trashmantocashman.com/
๐๐ ๐
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https://amzn.to/43l41mq
๐๐จ๐ซ๐ ๐๐ข๐๐๐จ๐ฌ
The Poverty Programming Trap
https://youtu.be/pJJLTg8Ru74
Why God's People Are Broke! Wake Up Peopleโฆ
https://youtube.com/live/yhLIFlNeMbI
Itโs Time To Put Your Faith To Work
https://youtu.be/4LKZk1VAqio
Donโt Let Your Distractions Destroy Your Destiny!
https://youtube.com/live/yEr29316lws
A Simple Formula To Make MILLIONS
https://youtu.be/nLlf6hg4H0Q
๐ช๏ธ Thereโs a storm comingโare you prepared?
โ๐๐จ๐ข๐ง ๐๐ฒ๐ซ๐จ๐งโ๐ฌ ๐๐ข๐ฏ๐ ๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐ ๐๐จ๐๐๐ฒโ
https://www.makemoreofferschallenge.com/
Subscribe to my channel here: https://www.youtube.com/@MyronGolden
๐๐ฒ๐ซ๐จ๐งโ๐ฌ ๐๐จ๐จ๐ค๐ฌ
B.O.S.S Moves
https://www.bossmovesbook.com/
From The Trash Man to The Cash Man
https://www.trashmantocashman.com/
๐๐ ๐
๐๐๐๐๐๐๐ ๐๐๐๐๐
https://amzn.to/43l41mq
๐๐จ๐ซ๐ ๐๐ข๐๐๐จ๐ฌ
The Poverty Programming Trap
https://youtu.be/pJJLTg8Ru74
Why God's People Are Broke! Wake Up Peopleโฆ
https://youtube.com/live/yhLIFlNeMbI
Itโs Time To Put Your Faith To Work
https://youtu.be/4LKZk1VAqio
Donโt Let Your Distractions Destroy Your Destiny!
https://youtube.com/live/yEr29316lws
A Simple Formula To Make MILLIONS
https://youtu.be/nLlf6hg4H0Q
Everything Is Doable!
โ๐๐จ๐ข๐ง ๐๐ฒ๐ซ๐จ๐งโ๐ฌ ๐๐ข๐ฏ๐ ๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐ ๐๐จ๐๐๐ฒโ
https://www.makemoreofferschallenge.com/
Subscribe to my channel here: https://www.youtube.com/@MyronGolden
๐๐ฒ๐ซ๐จ๐งโ๐ฌ ๐๐จ๐จ๐ค๐ฌ
B.O.S.S Moves
https://www.bossmovesbook.com/
From The Trash Man to The Cash Man
https://www.trashmantocashman.com/
๐๐ ๐
๐๐๐๐๐๐๐ ๐๐๐๐๐
https://amzn.to/43l41mq
๐๐จ๐ซ๐ ๐๐ข๐๐๐จ๐ฌ
The Poverty Programming Trap
https://youtu.be/pJJLTg8Ru74
Why God's People Are Broke! Wake Up Peopleโฆ
https://youtube.com/live/yhLIFlNeMbI
Itโs Time To Put Your Faith To Work
https://youtu.be/4LKZk1VAqio
Donโt Let Your Distractions Destroy Your Destiny!
https://youtube.com/live/yEr29316lws
A Simple Formula To Make MILLIONS
https://youtu.be/nLlf6hg4H0Q
How AI is making influencers bionic with Forever Voices CEO John Meyer | E1762
(0:00) Forever Voices CEO John Meyer joins Jason
(2:48) John discusses becoming a Thiel fellow
(9:25) Microsoft for Startups Founders Hub - Apply in 5 minutes for six figures in discounts at http://aka.ms/thisweekinstartups
(10:58) John explains what led to his decision to start Forever Voices
(15:26) How this technology will evolve over time
(18:05) The use of AI in grief counseling
(22:28) Crowdbotics - Get a free scoping session for your next big app idea at โ https://crowdbotics.com/twist
(23:37) Thoughts on expanding past celebrities and influencers
(24:38) What CarynAI is and its impact on society
(37:21) OpenPhone - Get 20% off your first six months at โ https://openphone.com/twist
(38:50) Developing these AI models and preventing addiction on this platform
(45:46) Will the AI variants be developed by others
(48:25) Jasonโs advice for founders on raising capital
Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp
Check out Forever Voices: https://www.forevercompanion.ai/
FOLLOW John: https://twitter.com/BEASTMODE
FOLLOW Jason: https://linktr.ee/calacanis
Thanks to our partners:
(9:25) Microsoft for Startups Founders Hub - Apply in 5 minutes for six figures in discounts at http://aka.ms/thisweekinstartups
(22:28) Crowdbotics - Get a free scoping session for your next big app idea at โ https://crowdbotics.com/twist
(37:21) OpenPhone - Get 20% off your first six months at โ https://openphone.com/twist
Listen here:
Apple: https://podcasts.apple.com/us/podcast/this-week-in-startups-audio/id315114957
Spotify: https://open.spotify.com/show/6ULQ0ewYf5zmsDgBchlkr9
Overcast: https://overcast.fm/itunes315114957/this-week-in-startups-audio
More from us:
Twitter: https://twitter.com/twistartups
Instagram: https://www.instagram.com/twistartups
Official site: https://thisweekinstartups.com
Subscribe to our YouTube to watch all full episodes:
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Subscribe to TWiST Clips for all the best moments:
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#startups #entrepreneurship #investing #angelinvesting #tech #news #business
Leverage: The Great Equalizer in Wealth Building
โ๐๐จ๐ข๐ง ๐๐ฒ๐ซ๐จ๐งโ๐ฌ ๐๐ข๐ฏ๐ ๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐ ๐๐จ๐๐๐ฒโ
https://www.makemoreofferschallenge.com/
Subscribe to my channel here: https://www.youtube.com/@MyronGolden
๐๐ฒ๐ซ๐จ๐งโ๐ฌ ๐๐จ๐จ๐ค๐ฌ
B.O.S.S Moves
https://www.bossmovesbook.com/
From The Trash Man to The Cash Man
https://www.trashmantocashman.com/
๐๐ ๐
๐๐๐๐๐๐๐ ๐๐๐๐๐
https://amzn.to/43l41mq
๐๐จ๐ซ๐ ๐๐ข๐๐๐จ๐ฌ
The Poverty Programming Trap
https://youtu.be/pJJLTg8Ru74
Why God's People Are Broke! Wake Up Peopleโฆ
https://youtube.com/live/yhLIFlNeMbI
Itโs Time To Put Your Faith To Work
https://youtu.be/4LKZk1VAqio
Donโt Let Your Distractions Destroy Your Destiny!
https://youtube.com/live/yEr29316lws
A Simple Formula To Make MILLIONS
https://youtu.be/nLlf6hg4H0Q
4 Levels OF Business
โ๐๐จ๐ข๐ง ๐๐ฒ๐ซ๐จ๐งโ๐ฌ ๐๐ข๐ฏ๐ ๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐ ๐๐จ๐๐๐ฒโ
https://www.makemoreofferschallenge.com/
Subscribe to my channel here: https://www.youtube.com/@MyronGolden
๐๐ฒ๐ซ๐จ๐งโ๐ฌ ๐๐จ๐จ๐ค๐ฌ
B.O.S.S Moves
https://www.bossmovesbook.com/
From The Trash Man to The Cash Man
https://www.trashmantocashman.com/
๐๐ ๐
๐๐๐๐๐๐๐ ๐๐๐๐๐
https://amzn.to/43l41mq
๐๐จ๐ซ๐ ๐๐ข๐๐๐จ๐ฌ
The Poverty Programming Trap
https://youtu.be/pJJLTg8Ru74
Why God's People Are Broke! Wake Up Peopleโฆ
https://youtube.com/live/yhLIFlNeMbI
Itโs Time To Put Your Faith To Work
https://youtu.be/4LKZk1VAqio
Donโt Let Your Distractions Destroy Your Destiny!
https://youtube.com/live/yEr29316lws
A Simple Formula To Make MILLIONS
https://youtu.be/nLlf6hg4H0Q
Gavin Baker on AI platform shift, upside vs downside, extinction risk, Nvidia outlook & more | E1764
(0:00) Gavin and Jason discuss joining the resistance!
(1:27) Current macro picture, the AI platform shift, and reshuffling the entire tech deck
(13:42) Hampton - Join Hampton's community of high-growth founders today at https://joinhampton.com/twist
(15:06) Exponential compounding of generative AI, AGI chances, recursive AI improvement
(23:55) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at [https://Squarespace.com/TWIST](https://squarespace.com/TWIST)
(25:13) Chip demand, Nvidiaโs outlook, which high-end fields might be most at risk, extinction risks
(39:02) .Tech Domains - get a 1-year domain for $10 or a 5-year domain for $50 at https://go.tech/TWIST
(40:24) Embroker Chief Insurance Officer David Derigiotis gives a talk on how to differentiate your business with cybersecurity
Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp
Check out Atreides: https://atreidesmgmt.com
FOLLOW Gavin: https://twitter.com/gavinsbaker
FOLLOW Jason: https://linktr.ee/calacanis
Thanks to our partners:
(13:42) Hampton - Join Hampton's community of high-growth founders today at https://joinhampton.com/twist
(23:55) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at [https://Squarespace.com/TWIST](https://squarespace.com/TWIST)
(39:02) .Tech Domains - get a 1-year domain for $10 or a 5-year domain for $50 at https://go.tech/TWIST
Listen here:
Apple: https://podcasts.apple.com/us/podcast/this-week-in-startups-audio/id315114957
Spotify: https://open.spotify.com/show/6ULQ0ewYf5zmsDgBchlkr9
Overcast: https://overcast.fm/itunes315114957/this-week-in-startups-audio
More from us:
Twitter: https://twitter.com/twistartups
Instagram: https://www.instagram.com/twistartups
Official site: https://thisweekinstartups.com
Subscribe to our YouTube to watch all full episodes:
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Subscribe to TWiST Clips for all the best moments:
https://www.youtube.com/channel/UCS7tJlcUA6PzVHEMo-X7ddg?sub_confirmation=1
#startups #entrepreneurship #investing #angelinvesting #tech #news #business
๐ Ever feel like you're chasing goals that you canโt seem to achieve?
โ๐๐จ๐ข๐ง ๐๐ฒ๐ซ๐จ๐งโ๐ฌ ๐๐ข๐ฏ๐ ๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐ ๐๐จ๐๐๐ฒโ
https://www.makemoreofferschallenge.com/
Subscribe to my channel here: https://www.youtube.com/@MyronGolden
๐๐ฒ๐ซ๐จ๐งโ๐ฌ ๐๐จ๐จ๐ค๐ฌ
B.O.S.S Moves
https://www.bossmovesbook.com/
From The Trash Man to The Cash Man
https://www.trashmantocashman.com/
๐๐ ๐
๐๐๐๐๐๐๐ ๐๐๐๐๐
https://amzn.to/43l41mq
๐๐จ๐ซ๐ ๐๐ข๐๐๐จ๐ฌ
The Poverty Programming Trap
https://youtu.be/pJJLTg8Ru74
Why God's People Are Broke! Wake Up Peopleโฆ
https://youtube.com/live/yhLIFlNeMbI
Itโs Time To Put Your Faith To Work
https://youtu.be/4LKZk1VAqio
Donโt Let Your Distractions Destroy Your Destiny!
https://youtube.com/live/yEr29316lws
A Simple Formula To Make MILLIONS
https://youtu.be/nLlf6hg4H0Q