Navigating Wealth

Today we're thrilled to welcome Anil Gupta, former Head of Investor Relations at Coinbase and eight-year veteran of Meta's IR team. 
Anil breaks down how investor relations works, why a first-day IPO pop is a wealth transfer rather than a success signal, what Coinbase's direct listing decision actually meant for employees, and how to read an earnings call when you understand how the other side prepares for it.
Key Topics Covered
• What investor relations does: the finance-communications hybrid that shapes everything investors see
• How IR teams prepare for earnings calls and what the most rehearsed answers actually signal
• Why a first-day IPO pop means existing shareholders left money on the table
• How a direct listing differs from a traditional IPO and why Coinbase chose it
• Why the best companies (SpaceX, OpenAI, Anthropic) are in no hurry to go public
• Quarterly vs. biannual earnings reporting and the case for giving management their time back
• Founder-CEO vs. hired CEO dynamics and who can actually think long-term
• Bitcoin's correlation with the NASDAQ and why it doesn't break the store-of-value thesis
• Stablecoins, ETFs, and where the crypto regulatory environment is heading
• The convergence of stocks, crypto, and prediction markets on a single platform
Resources Mentioned
• Apply to Long Angle HNW Community: https://www.longangle.com/apply
• Subscribe to Navigating Wealth Newsletter: https://www.longangle.com/navigating-wealth-podcast
• Connect with Anil Gupta on LinkedIn: https://www.linkedin.com/in/anilgupta
Socials
• LinkedIn: https://www.linkedin.com/company/long-angle
• Twitter/X: https://x.com/LongAngleHNW
• Instagram: https://www.instagram.com/longanglehnw/
• Facebook: https://www.facebook.com/longanglehnw
• Youtube: https://www.youtube.com/@LongAngle
Streaming
• Apple Podcasts: https://podcasts.apple.com/us/podcast/navigating-wealth/id1848166539
• Spotify: https://open.spotify.com/show/074oa2E0nnJygruIqonRVG?si=4959bcd409854a6a
• Amazon Music: https://music.amazon.com/podcasts/54d4ccd0-c308-4388-81ca-abfef12fadf4/navigating-wealth
Long Angle is a private, vetted global community of accomplished entrepreneurs, executives and professionals who have reached meaningful financial milestones and want to navigate wealth with peers who understand their challenges, opportunities, responsibilities and ambitions.
Hosted by the founders of the Long Angle community, Navigating Wealth explores how experienced investors, founders and operators approach the real questions wealth creates — from private markets and capital allocation to business exits and life design.
01:04 - Introduction: Anil Gupta's Career in Investor Relations
02:50 - Understanding Investor Relations (IR)
05:20 - Defining Success in Investor Relations
07:14 - Private vs. Public Cap Tables
09:02 - How Institutional Investors Evaluate Public Companies
11:44 - How Retail Investors Can Access Management Insight
13:42 - Quarterly vs. Biannual Earnings
20:00 - Impact of Management Dynamics
21:48 - Direct Listings vs. Traditional IPOs
26:33 - Market Psychology & Stock Fluctuations
29:50 - Insider Buying, Share Buybacks, and What They Signal
31:37 - Why the Best Companies Are Staying Private Longer
33:07 - How to Read an Earnings Call Like an IR Professional
34:28 - The Looming Mega-IPO Wave and What It Means for Retail
39:35 - Bitcoin, Coinbase, and the Crypto Market Today
41:58 - Stablecoins, ETFs, and Where Crypto Is Heading
44:56 - The Convergence of Stocks, Crypto, and Prediction Markets
47:05 - Bitcoin Treasury Companies: Bubble Signal or Rational Access Vehicle
48:19 - Regulatory Considerations
49:13 - Learn more about Anil Gupta
49:29 - Apply to Long Angle’s Community - No Membership Fees

Today we're thrilled to welcome Sam Raha, CEO of Myriad Genetics. Sam has spent 25 years at the intersection of genomics and commercial medicine. 
In this conversation he explains what precision medicine actually delivers today, how AI is being embedded into diagnostic tests at three distinct levels, and why proactive genetic testing carries a real insurance risk many individuals never think to ask about.
Key Topics Covered
• What precision medicine is and why it is already operating at scale across cancer treatment today
• How companion diagnostics work and why the business model is more durable than traditional pharma
• How diagnostics companies protect their IP when human genes cannot be patented
• The three layers of AI integration in diagnostics companies 
• How insurance companies deployed AI to automate claim denials, and how Myriad built AI to fight back
• Why individuals need to take ownership of their own health data and what that looks like in practice
• What GINA covers and where it leaves individuals exposed on life, disability, and long-term care insurance
• Australia's landmark legislation restricting insurer use of genetic data and what it signals for US policy
• What genetic tests a proactive executive should consider 
Resources Mentioned
• Apply to Long Angle HNW Community: https://longangle.com/apply
• Subscribe to Navigating Wealth Newsletter: https://www.longangle.com/navigating-wealth-podcast
• Myriad Genetics: https://www.myriadgenetics.com
• GINA — AMA Overview: https://www.ama-assn.org/public-health/population-health/genetic-discrimination
Socials
• LinkedIn: https://www.linkedin.com/company/long-angle
• Twitter/X: https://x.com/LongAngleHNW
• Instagram: https://www.instagram.com/longanglehnw/
• Facebook: https://www.facebook.com/longanglehnw
Long Angle is a private, vetted global community of accomplished entrepreneurs, executives and professionals who have reached meaningful financial milestones and want to navigate wealth with peers who understand their challenges, opportunities, responsibilities and ambitions.
Hosted by the founders of the Long Angle community, Navigating Wealth explores how experienced investors, founders and operators approach the real questions wealth creates - from private markets and capital allocation to business exits and life design.

Today we're thrilled to welcome Nick Gray, a two-time founder who sold a family avionics business to private equity and built Museum Hack into a multimillion-dollar experiential company before exiting operating life entirely. 
After two exits, Nick found that financial freedom and social infrastructure are not the same thing. He spent years testing event formats to build a repeatable system for making friends as an adult. 
He's the author of The 2-Hour Cocktail Party and writes about the friendship recession at friendshiprecession.com.
Apply to Long Angle HNW Community: https://www.longangle.com/apply
Daily Body Coach: https://dailybodycoach.com/navigatingwealth
Key Topics Covered:
• Why the structural scaffolding of adult friendship collapses after a business exit — and why financial independence doesn't replace it
• The NICK framework: Name tags, Introductions, Cocktails only, Kick them out at two hours — and the specific reason each element exists
• Why the dinner party is the wrong starting point for building adult friendships and what to do instead
• The single language change that gets more people to show up: "Can I send you the invite?" vs. "Do you want to come?"
• How Nick approached rebuilding his network from scratch after moving from New York to Austin
• Nick's investment approach after exit: why passive beats active for most founders, and the 2% minimum position sizing rule he uses for high-conviction stock picks
• The friendship recession by the numbers — and why it hits post-exit founders and executives the hardest
Resources Mentioned:
• Subscribe to Navigating Wealth Newsletter: https://www.longangle.com/navigating-wealth-podcast
• Nick Gray's PersonalWebsite.org and PersonalWebsites.net
• Nick Gray's Patron View donor database: https://patronview.com/
• Nick Gray's Website and Blog: https://nickgray.net/
• The 2-Hour Cocktail Party by Nick Gray: https://party.pro/book/
• Patron View Patron Leaderboards: https://patronview.com/patrons
• Nick's Friends Newsletter: https://nickgray.net/signup-for-email-updates/
Socials
• LinkedIn: https://www.linkedin.com/company/long-angle
• Twitter/X: https://x.com/LongAngleHNW
• Instagram: https://www.instagram.com/longanglehnw/
• Facebook: https://www.facebook.com/longanglehnw
Long Angle is a private, vetted global community of accomplished entrepreneurs, executives and professionals who have reached meaningful financial milestones and want to navigate wealth with peers who understand their challenges, opportunities, responsibilities and ambitions.
Hosted by the founders of the Long Angle community, Navigating Wealth explores how experienced investors, founders and operators actually approach the real questions wealth creates — from private markets and capital allocation to business exits and life design.

Today we're thrilled to welcome Blake London, Co-Founder of Formentera. Blake raised $3 billion across five funds in under five years, operates nearly 4,000 wells producing 70,000 barrels of oil per day across the U.S. and Australia, and previously spent 15 years at Credit Suisse as head of energy equity capital markets. In this conversation, recorded live with the Long Angle community on April 22, 2026, Blake breaks down why the largest supply disruption in oil market history has produced a surprisingly muted price response — and what private operators are doing about it that public companies simply cannot.

• Learn More About Daily Body Coach: https://www.dailybodycoach.com/navigatingwealth
• Apply to Long Angle HNW Community: https://www.longangle.com/apply

Key Topics Covered
Why the financial market for oil and the physical market for oil are pricing completely different realities right now — and what that gap means for investors who think they understand oil prices
The structural reason public shale operators are not adding rigs despite a historic supply disruption: their shareholders do not want them to, and that behavioral shift is more powerful than any price signal
The three upstream investment structures — operated, non-operated, and mineral rights — and why the structure you choose changes your risk profile, your return potential, and whether you control your own timing
How cash-flow-focused private operators generate 20 to 40% fully-burdened returns at $60 oil, and why that model is insulated from the ESG-driven multiple contraction destroying value in public energy stocks
The service cost lag dynamic: why the best returns in oil and gas are made in the first months of a price rally — before service providers reprice — and why that window is open right now
The long-term investment thesis for private energy: tier-one drilling inventory is finite, long-term prices remain near historical lows, and AI data centers and global population growth are adding demand the energy transition cannot offset

Resources Mentioned:
Subscribe to the Navigating Wealth Newsletter: https://www.longangle.com/navigating-wealth-podcast
Learn More About Formentera: https://www.formentera.com
Long Angle 2026 HNW Asset Allocation Report: https://www.longangle.com/report

Socials
LinkedIn: https://www.linkedin.com/company/long-angle
Twitter/X: https://x.com/LongAngleHNW
Instagram: https://www.instagram.com/longanglehnw/
Facebook: https://www.facebook.com/longanglehnw

Long Angle is a private, vetted global community of accomplished entrepreneurs, executives and professionals who have reached meaningful financial milestones and want to navigate wealth with peers who understand their challenges, opportunities, responsibilities and ambitions.
Hosted by the founders of the Long Angle community, Navigating Wealth explores how experienced investors, founders and operators actually approach the real questions wealth creates — from private markets and capital allocation to business exits and life design.

Tom Manatos spent 20 years navigating Washington from both sides - as a Capitol Hill staffer who received the calls from advocates, and as the person making those calls on behalf of Spotify, Block, and the Internet Association. 

In this episode, he walks through how political access actually works: who the real decision-makers are, what it costs to get in the room, why state government is where business owners have the most leverage, and what the crypto industry's $193 million super PAC still hasn't been able to buy.

• Learn More About Daily Body Coach: https://www.dailybodycoach.com/navigatingwealth
• Apply to Long Angle HNW Community: https://www.longangle.com/apply

Key Topics Covered
Why lobbyists rarely talk directly to elected officials - and which relationships actually move policy outcomes
How individual campaign donation limits work at the federal and state level, and what bundling changes
What a super PAC can and cannot do, with current examples from crypto, Meta, and Anthropic
Why state and local government produces legislation at far higher volume than Congress - and why that matters for operators in regulated industries
How a coalition of platforms reversed a tax reporting change that would have affected millions of ordinary Americans
The bipartisan reality behind closed doors - what actually gets legislation across the finish line
Why domain expertise doesn't get you a callback unless it's attached to electoral relevance
AI regulation: where Congress is, how far behind the industry it is, and what's likely to happen next
Episode Resources
Find a Government Job: https://www.tommanatosjobs.com/
Subscribe to the Navigating Wealth Newsletter: https://www.longangle.com/navigating-wealth-podcast
Socials
LinkedIn: https://www.linkedin.com/company/long-angle
Twitter/X: https://x.com/LongAngleHNW
Instagram: https://www.instagram.com/longanglehnw/
Facebook: https://www.facebook.com/longanglehnw
Long Angle is a private, vetted global community of accomplished entrepreneurs, executives and professionals who have reached meaningful financial milestones and want to navigate wealth with peers who understand their challenges, opportunities, responsibilities and ambitions.