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  • 8 minutes ago
"I did try to retire at some point in time."

Passes founder Lucy Guo joined Fortune Daily with Ellie Austin and discussed her early attempt at retirement, her move into venture capital and what led her to want to start another company.

Category

🤖
Tech
Transcript
00:00I did try to retire at some point in time.
00:02What age?
00:03What age?
00:04I want to say I was 22, maybe 21.
00:08Long story short, a group of TFL decided,
00:10okay, we are going to do fire.
00:12So we all bought these kind of shady apartments in Las Vegas.
00:16They were like 70K each.
00:19We renovated them and made them a little bit nicer.
00:21So then we were like, okay, cool.
00:22Like we could reduce our cost of living by living in Vegas
00:25and then spend all our time traveling.
00:27So I went on this sabbatical, which we could call retirement,
00:30where I lived with a TFL, so it was great
00:32because, you know, I was around a bunch of smart people.
00:33We would travel around the world together.
00:35Like we literally went there like Korea together, Singapore, et cetera.
00:38But I was not as intellectually stimulated as I wanted to be.
00:42So then I was like, okay, what can I do
00:44where I can like maintain this lifestyle-ish,
00:46still stay happy, but use my brain a little bit more?
00:49Then I went into VC.
00:50I think anyone can agree VC is less stressful
00:52than founding the company.
00:53I ended up wanting to do something different in venture
00:55to really stand out.
00:56So help create this program called HF Zero,
00:58where we live with founders
00:59and really invest our time and resources
01:02into helping them forget about like really everything else
01:05going on in their lives.
01:06We would like rent out motel complexes, et cetera.
01:08We would provide a private chef.
01:09We provided laundry, et cetera,
01:11so they could spend all their time focused on building.
01:13While I was living there,
01:14I got the urge to start a company again.

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