Family vs. Professional Networks
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Sam Parr and Shaan Puri discuss the concept of life as a series of network decisions, particularly focusing on the trade-offs between family networks and professional networks when choosing where to live.
Key Points:
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Moving for Taxes Is Foolish
- Sam believes moving somewhere primarily for tax benefits is a foolish decision
- "The goal of succeeding is to do what you want, not to have to move to Puerto Rico"
- Only move somewhere if you genuinely want to live there, not just for tax advantages
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Life as Network Decisions
- Every major life decision can be viewed as either joining or leaving a network
- College choice is joining an alumni network (like Duke) that leads to certain career paths
- Where you live determines which professional networks you access
- Even skills you learn connect you to networks of people with similar skills
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Sam's Personal Trade-off
- Sam moved away from San Francisco primarily for family reasons
- "If family weren't a thing, it would either be in SF or a suburb like twenty minutes away"
- He doesn't regret the move but acknowledges the professional cost
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Network Density Trade-offs
- Sam opted into greater "density" in his family network
- But simultaneously opted out of the San Francisco tech network
- This creates both benefits and opportunity costs
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Shaan's Perspective
- Moved 45 minutes outside San Francisco, which "reduced a lot of the serendipitous meetings"
- Recognizes the value of being physically close to "interesting ambitious people"
- Acknowledges that isolating yourself can be "fun for creativity" but potentially "foolish" for career opportunities
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Network Examples Beyond Location
- Language is a network (learning English in China changes your life trajectory)
- Money systems are networks (joining Bitcoin early was valuable)
- Professional connections create opportunity networks (turning down meetings with founders like Travis from Uber can be costly)
21:00 - 23:10
Full video: 01:11:28SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.