Joining Michael Karnjanaprakorn On His Podcast

I recently had a chance to catch up with my friend Michael Karnjanaprakorn. We’ve known each other for at least a decade or so now from the early days of the New York Tech ecosystem. This was a fun one.

Full video below and here.

And, some highlights that Mike pulled out from our conversation.

Dan Reich: “Business is a video game.”

I asked Dan Reich who has sold four companies to Salesforce, Buddy Media, and Procter & Gamble:

“Why are you still building companies instead of retiring and riding off into the sunset?”

He shared a conversation with a fellow serial entrepreneur:

CEO: “Do you still play video games?
Dan: “Yeah, I do still play video games.”
CEO: “So do I. But this business is a video game, and it’s a game that other people gave me money to play. If I win, not only will I make them money, I’ll make money too. And I love the video game.”

Dan reflects on this analogy:

Dan: “He was right. The journey is the prize. I tell everyone I have a career conversation with: People who optimize for money are not happy, and people who optimize for happiness end up finding money.

In this episode, Dan dives into:

• His transition from 4x founder to building a venture studio.
• His playbook for building companies.
• His advice for navigating a post-exit journey.


Joe Grand hacked time to recover $3 million from a Bitcoin software wallet

In 2022, I embarked on a crazy journey to unlock a Trezor hard wallet holding over two million dollars worth of cryptocurrency. It felt like a wild goose chase, each step filled with tension, anticipation, and ridiculous commentary in my group chats. As we got closer to cracking the wallet, we realized that there were many others out there facing similar predicaments, desperately needing help to recover their lost digital fortunes.

When Joe Grand finally succeeded in freeing my coins, it was a moment of immense relief and high-fiving. But more importantly, it sparked an idea. We saw an opportunity to assist others who found themselves locked out of their cryptocurrency treasures.

Thus, was born—a company dedicated to helping people recover passwords, private keys, and other crucial cryptocurrency data from hardware and software wallets. Our mission is to provide a lifeline for those navigating the complex and often unforgiving world of digital assets, ensuring that no one has to endure the anxiety and uncertainty that I experienced.

And just this week, Joe did it again, this time with some help, and a very different problem and approach.

The video and story are here. Also posted below.

And if you or anyone you know are in need of some help recovering crypto currency, please drop us a line.


Yom Hashoa, 2024

Today is Yom Hashoah, which in English is Holocaust Remembrance Day.

Many stories from the time mirror the ones we witnessed on October 7th.

Like this one…

1939, one fall Sunday morning, Nazis showed up out of nowhere and decided to round up a bunch of Jews. Twelve people were rounded up and were forced to march five miles to their schul (temple), dig a ditch, and then were executed point blank.

Only one of the twelve survived. It was my grandfather.

My grandfather, Samuel Reich. Top, middle, right


He decided to run out of the death march assembly line and hide for several hours.

2023, another fall morning, Jews were found running once again for their lives, with many being raped, tortured and executed. Arguably worse than what the Nazis did given Hamas’ sheer joy and glee in doing so.

October 7, 2023 – People running away from Hamas terrorists at the Nova festival.

We’ll see Holocaust denial and people trying to relate the holocaust to Gaza, or Israelis to Nazis. Of course, they will. They so desperately wish to be the victim and can’t comprehend how Jews survived the Holocaust and just a few decades later are simultaneously 0.2% of the world’s population yet, overperformers in terms of productivity and contributions to the world. This paradox shortcircuits their brains.

Hate, jealousy, and scapegoating are real and more alive than ever before.

So today, just take a pause and remember…

Never again is now.

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A Visit To The SCOTUS

Yesterday, I had the privilege to visit the Supreme Court of The United States as a guest of Chief Justice John Roberts. He’s the 17th Chief Justice of the United States and will likely, and hopefully be, the Chief Justice for the majority of my lifetime.

We had an opportunity to spend time with him in his chambers before and after the oral arguments. The two items on the docket were:


The oral arguments were undoubtedly interesting, dense in legalese and constitutional law, and dramatic in that you are sitting in the highest court in the land listening to arguments that could change history.

But the thing that left the biggest impression on me is this: it was a reminder that most people who serve our country deeply care about their work and their country.

Of course, some of our elected officials are misguided, but that’s what makes America, America. We get to support candidates we like and vote them into office.

America is not perfect. And if you spend any time on social media listening to pro-Hamas crowds screaming “death to America” you’d realize how imperfect we are.

We still have a lot of work to do, but there are indeed still great people trying to do the best they can. And these people put the country first and still fight, day in and day out, for our republic.

Thank you John, Jack and Sam for a great day.

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Power of Pink 2024

Last year we hosted an event to help raise money for the cancer services & programs at the future Vogel Medical Campus in Tinton Falls, NJ. It’s called Power of Pink. The event was a blast, and more importantly, we were able to help raise the most money ever for the cause from this event.

You can see some clips from last year in the video below.

We decided to host the event again this year. Event details here.

If you are in the area, please feel free to RSVP.

If you are not, but compelled by their mission, please feel free to donate.

We all know someone who has gone through the horrible experience of having to deal with cancer. A little help can go a long way.

Bonus: Edie Falco will be joining us as the keynote speaker.

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Supporting Feature Documentary “Primal Fear”

Story telling..

Facts and testimony..

These are powerful and mission critical to fighting any info war. And clearly, we are in one.

I remember when Steven Spielberg document testimony from my grandparents and their stories from the Holocaust, and so thankful he did.

We need more of it..

That’s what I’m excited to support Wendy Sachs and Debra Messing and the rest of their team in producing a piece that will detail and document this antisemitic disease that’s beginning to rot away our society.

In any society, antisemitism is the canary in the coal mine for a deep, uglier reality. It needs to be exposed because light is the best antidote for darkness.

Interviews will include some of the most active and vocal voices like Noa Tishby, Kirsten Gillibrand, Michael Rapaport, Dan Senor, Einat Wilf, Hillel Neuer, Sheryl Sandberg and more

There’s lots more to do but this is just another initiative of many that’s needed.

Thanks Wendy!

More about the documentary here.

EXCLUSIVE: Actress, producer, and activist, Debra Messing, has signed on to executive produce the feature documentary, Primal Fear about the explosion of antisemitism on college campuses, on social media, and in the streets since October 7, 2023, when Hamas attacked Israel. Wendy Sachs, the co-director and producer of SURGE, is directing the film and will also serve as an executive producer. 

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Rebuilding Kibbutz Re’im

It’s kind of hard to imagine anyone smiling in a terrorized home where your friends and family were murdered or kidnapped.

And knowing some of those family members are still being held hostage in unimaginable circumstances.

Or hearing stories about being the very first tank into Gaza, knowing full well you’re unlikely to make it out alive, and that many of your friends did not.

The stories are endless.

But there we were..

For the first time since 10/7, some people from Kibbutz Reim, one of the places closest to the border and attacked, came home to begin the new process of rebuilding.

They heard about @ryanjdaniels and @avivlazar3 crazy idea to get a crew together from the US and Israel to come south and start the rebuilding effort with them.

So we went..

And others joined..

And together we did what we’ve always done and will continue to do:

Some call it “Tikkun olam”

A Jewish concept that refers to actions intended to improve and repair the world.

But for us, it was about new and old friends..

And letting them know, they are not alone.

And this antisemitic, hate-filled disease that’s emerged once again, will be destroyed and will be another chapter in our very long story.

Our story was covered here

A Post-Exit Podcast

There’s a ton of myths out there about folks who’ve started and then sold their companies, especially when it comes to what they end up doing next.

In the same vein, a lot of entrepreneurs who’ve poured their heart and soul into one big project for years suddenly find themselves lost or confused once it’s all over, wondering, “What now?”

We spoke about this and more on the “Exit Paradox” podcast.

Video here and below.

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The Reich Family Holocaust Education Program at The University of Wisconsin Hillel

Last year, my family and I decided to create an endowment at the University of Wisconsin with the following mission in mind:

Holocaust remembrance and education are important topics for Jewish and non-Jewish college students. Learning about the dangers of hatred and discrimination through Holocaust education is important to fighting intolerance and prejudice in today’s world. Studying the Holocaust provides opportunities to explore and inspire with stories of courage, adversity, and resilience.

A few weeks ago Nazis were marching down State Street.

Today, one out of every five kids think the Holocaust was a myth. These are the same kids tearing down American flags, tearing down posters of kidnapped children, assaulting police officers, and screaming “intifada” on the streets and in the halls of our cities and universities.

Some of these kids also believe the atrocities of 10/7 were justified or never happened.

My grandparents and parents always talked about the importance of a proper education.

We’re seeing the importance of that play out in real-time.

If you are a University of Wisconsin alumni and would like to get involved, please reach out.

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The Startup Nation and Track Records of Truth

I recently listened to Lex Friedman’s interview with Jeff Bezos. If you want to hear someone speak with incredible clarity and wisdom, listen to Jeff. There’s a reason he is the second richest person in the world.

But there was one topic that resonated with me more than anything.


It seems like the world doesn’t care much about it these days. Just skim through social media and you’ll know what I’m talking about.

However, Jeff reminds us that “truth” is arguably the single most important factor that leads to success and prosperity.

“Yes, challenging. They [truths] can make people defensive even if that’s not the intent. But any high performing organization, whether it’s a sports team, a business, a political organization, an activist group, I don’t care what it is, any high performing organization has to have mechanisms and a culture that supports truth-telling.”1:29:14

The evidence is irrefutable. As of this writing, Amazon has about a 1.6 trillion dollar market cap making it the fifth richest company in the world.

If you look at the world’s most successful companies, they all have this trait. 

They consistently engage in the pursuit of truth, employing critical thinking, problem-solving, and scientific methodologies in their approach.

“And so science is all about truth-telling. It’s actually a very formal mechanism for trying to tell the truth. And even in science, you find that it’s hard to tell the truth. Even you’re supposed to have a hypothesis and test it and find data and reject the hypothesis and so on, it’s not easy.”Jeff Bezos, 1:30:10

Elon Musk also famously refers to “truths” and first principles:

“Boil things down to the most fundamental truths and say, ‘OK, what are we sure is true, or as sure as possible is true? ‘ And then reason up from there.” – Behind Elon Musk’s Management Philosophy: First Principles, Wall Street Journal

As of this writing, Elon Musk is the number one richest person in the world, with companies that launch rockets into space (SpaceX), produce self-driving cars (Tesla), and let humans transmit information electronically with just their brains (Neuralink). You only do that with capable leadership and truth-seeking.

There is another place where this truth-seeking discipline has taken shape over the past few decades leading to some incredible human achievements and prosperity, including, but not limited to the development of things like:

The list goes on.

This country also ranks #7 in the world for creating the most unicorns, has more than 100 companies listed on US exchanges, with a combined market cap of more than $150 billion, and has the fourth most companies listed on the Nasdaq after the United States, Canada, and China.

There is a reason Israel is called the Startup Nation.

And if that wasn’t enough, Israelis have among the world’s highest life expectancies and lower rates of “deaths of despair” from suicide and substance abuse. It’s also one of the few populations that are young and growing while all other wealthy democracies are aging and shrinking. According to a recent UN report,  it is also the fourth happiest nation in the world behind Finland, Denmark, and Iceland.

These achievements would not have been possible without dedicated hard work and a relentless quest for truth.

But, truth is hard.

“You have just asked a million-dollar question. So if I generalize what you’re asking, you are talking in general about truth-telling and we humans are not really truth-seeking animals. We are social animals.” Jeff Bezos, 01:28:21

This brings us to today.


There is a hot war in the Middle East and an information war online.

Both sides understand the importance of truth or lack thereof. 

Iran and their proxies, like Hamas, understand that “we are social animals” and so the more death, destruction, and oppression they can inflict on their people (look what Israel did to us!), the more sympathy they can create for their cause. 

It’s why they use human shields. It’s why they hide bombs in children’s classrooms. It’s why they build terror tunnels under children’s bedrooms. It’s why they steal humanitarian aid. It’s why they use hospitals as terror bases. It’s why they scream “apartheid”. It’s why they bankrupt their community but make their leaders rich (with our taxpayer dollars).

It’s why they lie over and over again.

In short, they can prevent “truth-seeking animals” by pulling on the strings of our most animalistic tendencies and emotions, using social media megaphones we all have in our pockets. Who wouldn’t get upset when they see the photos coming out of Gaza? I know I do. It’s horrible and tragic. But that’s the point. They recognize that “truth-telling” for most people is hard, and so they prey on the ignorance and lazy thinking that many people have.

But ultimately, truth will prevail. 

And the truth is this:

One side wants dead Jews.

The other side does not want to die.

And if you don’t believe this, then just look at the track records of truth.

Or just take their word for it.

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