Fred left Wall Street at 32 after trading bonds at Salomon Brothers with a billion-dollar balance sheet and no transferable skills. He moved to North Carolina with his brother, bought Windows for Dummies, and built one of the first paint programs for Windows — accidentally inventing Photoshop layers in the process. What followed was 30 years of riding waves: Windows, consumer internet, and now Bitcoin and AI.

Fred explains why "timing is everything" and how to spot the wave before everyone else does How Fred negotiated from $10M to $15M (then the stock doubled to $30M) by being willing to walk away The near-death experience every founder should expect before their exit Why most entrepreneurs quit too early — and the one mindset that keeps you in the game Fred's take on AI: why small teams will win, and why you should spend all your time there right now Why Bitcoin is bigger than the internet — and what tokenization means for founders