Things Shaan Puri Has Said on Podcasts

“The line between crime and hustle is thinner than people think in the startup world.” — Shaan Puri, My First Million

The hosts wrap up their discussion of Elizabeth Holmes. They agree she knew what she was doing but likely told herself the ends justified the means.

My First Million · 2026-10-20 Permalink → Listen →

My First Million Around 52:47 into the episode

Shaan Puri

The means justified the ends.

Speaker 4

Yes, that's how I think she told herself that story. It

Shaan Puri

wasn't, it's kind of like the line between the line between crime and hustle is thinner than people think in the startup world.

Speaker 4

Yeah. And she told herself that what she was doing was hustle and that's what it was going to take to build this generational company and not fraud.

Shaan Puri

I'm with you on that. I think that she knew what was going on, meaning she wasn't out of the loop. It wasn't being done behind her back by other people. She knew what was going on and was complicit in it. She didn't see it as fraud or illegal or harming anybody. She saw it as being determined…

Speaker 4

But it was fraud. She just didn't think of it in that context. Correct. In my opinion.

Speaker names from our own diarization · position estimated from where the line sits in the episode

“You go into the documentary expecting it to clarify and tell you what to think. And instead, it just weaves all these paths that you can go down and show you how little you know rather than knowing more coming out. … It's like there's a second sentence on top of that. It's you can see everything and still not know.” — Shaan Puri, My First Million

Shaan Puri on the documentary You Can See Everything, about Elizabeth Holmes. He says its reenactments and long uncomfortable scenes leave the viewer less sure what Holmes believed, not more.

My First Million · 2026-10-20 Permalink → Listen →

My First Million Around 46:19 into the episode

Shaan Puri

…like, why, do you get why that's funny? And she, what she said, I thought was possible. But when he goes, what's the guy's name on first? And she goes, I don't know. And she's like, who? His name is who. And he's like, she's like, I didn't get that. And I'm like, what? That part broke my brain.

Sam Parr

Was she just like a smart, dumb person?

Shaan Puri

…like just introduce, plant these seeds of doubt. That the movie was genius because you go into the documentary expecting it to clarify and tell you what to think. And instead, it just weaves all these paths that you can go down and show you how little you know rather than knowing more coming out, which is amazing. It's like, I mean, that's the irony of the thing called You Could See Everything. It's like there's a second sentence on top of that. It's you can see everything and still not know. And it's like, that's, that's the mind of the whole movie is that seeing everything won't tell you what you think you, what you think you'll get out of seeing everything. So I thought that was great. I thought watching the dropout was just, again, amazing the way they did it. The way he's got the small laptop on a bed together with them. And she's having that reaction and he's just letting it…

Speaker 2

who's in the shower.

Shaan Puri

And then Billy's in the shower, and it just shows it. It just zooms up from there, and you see it's Billy, and you're like, and it's just so crazy. And it's like, that's the first time you start to realize, like, oh, Billy himself might be a bit of a schlong himself. And then, and then you're like…

Sam Parr

All right, I'm sold. I'll go see it. What's it out of 10? Wrap up there.

Speaker names from our own diarization · position estimated from where the line sits in the episode

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