Ask me anything about entrepreneurship, startups, technology, poker, life.

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    1. Michael Karnjanaprakorn
    2. Michael Karnjanaprakorn
    3. Michael Karnjanaprakorn

      We re-invest all the money we make from All Day Buffet into new projects, businesses, and ideas. This has allowed Jerri and I to launch The Feast, By/Association, TBD and Lovely Day. It's allowed us to take a tremendous amount of calculated risk and have allowed us to explore and try new things without worrying about money. Some of our ideas work, and some of them haven't but it's opened a lot of doors for us.

    4. Michael Karnjanaprakorn
    5. Michael Karnjanaprakorn

      That's too hard to decide right now. Instead, I would spin a globe, close my eyes, and see where my finger lands. I would wake up with absolutely zero plans and explore the place, and soak in as much as I could in 24 hours. Then I would come back to New York City because I really love this city : )

    6. Michael Karnjanaprakorn

      I'm assuming you mean poker?

      My main poker coach & personal mentor is Annie Duke, who is one of the best poker players in the world (male or female). She's obviously female but she's also brilliant. And she kicks my ass in everything from poker to scrabble.

      So to answer your question, I don't play differently against anyone. That's how you lose : ) But I know female players that use the conservative image to their advantage. Whatever works right?

    7. Michael Karnjanaprakorn
    8. Michael Karnjanaprakorn
    9. Michael Karnjanaprakorn

      "You are the average of the five people you spend the most time with."

    10. Michael Karnjanaprakorn

      It depends on a lot of factors. I don't think I have enough information to give a solid response. But pocket 10's and Jack's have to be the hardest hands to play in poker, so I feel your pain. If your friend hit the overcard, you have about a 12% of winning on the turn and 4% of winning on the river.

      Who was the person that went all-in? Has he/she went all-in before the game? Was he/she steaming? Was he a loose or tight player? What was your table image?

      What was on the board? What'd you bet into the pot? How much was in the pot at that point? Did anyone raise pre-flop?

      What were the range of cards that you put on your friend? From that range, were you behind, or did you believe it was a coin-flip? Did you have any backdoor possibilities?

      As you can see, there are 100's of things to process when making a decision like this one.

      One way to look at your hand is to think about the entire session versus each hand. If you think you made a good fold, you made a good fold. There's always opportunities to trap your opponent on a different hand where you're a huge favorite. And if your friend went all-in on the flop (which is not a good move), he'll do it again. Wait for that moment, and set your trap!

    11. Michael Karnjanaprakorn

      It's in the black. I'm donating 100% of my 2010 WSOP winnings to charity so my total for this year will be zero, but hopefully $9M for the different charities :)

    12. Michael Karnjanaprakorn

      Today, I would have to say poker. I've been playing poker for the past 12 years of my life, and I still have 90380923570239 things to learn about the game.

      The saying is true.. "It takes a couple of minutes to learn, and a lifetime to master."

      The goal of winning a WSOP bracelet has been creeping into my to-do list. Been thinking about playing poker professionally after my stint at Hot Potato in a couple of years.

    13. Michael Karnjanaprakorn
    14. Michael Karnjanaprakorn

      I'm going to have to root for Lebron, Shaq, Antawn, and my favorite shotgun carrying in a guitar case on a speeding motorcycle guard Delonte West.

    15. Michael Karnjanaprakorn

      I think you should do whatever it takes to get your idea off the ground. Just taking action puts your 100x ahead of the rest of the pack.

      Think of it like this. If you want to be a doctor, Biology101 is a weed-out class. Putting together a team is one of the hardest things you'll have to do. Don't let that weed you out.

    16. Michael Karnjanaprakorn

      Annie Duke
      Rafe Furst
      Phil Gordon
      Phil Ivey
      Tom Dwan
      Daniel Negreanu
      Ali Nejad

      Can you guess which ones are my coaches?

    17. Michael Karnjanaprakorn

      I don't really read blogs anymore but I follow a lot of awesome people on Twitter who act as a filter for me.

      @nlw
      @jerrichou
      @good
      @kirstinbutler
      @rafefurst

      I usually check out good.is, change.org & dowser.org for websites. I have a slight company crush on GOOD.

    18. Michael Karnjanaprakorn

      I like this question.

      1) Gmail
      2) Twitter
      3) New York Times
      4) Hype Machine
      5) Action Method

    19. Michael Karnjanaprakorn

      "Good judgment comes from experience. Experience comes from bad judgment." -- Jim Horning

    20. Michael Karnjanaprakorn

      If I knew the answer to that question, I would be a zillionaire.

      If I had to guess, it would be to have great relationships with friends and family, do what you love, have a sense of purpose and higher calling & eat lots of pizza.

Michael Karnjanaprakorn

New York, NY

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