early investor

“What I've seen has been that, in reality, some of those transactions look a lot more like return of capital or maybe one and a half X kind of returns, and it's no longer that lucrative on that side.”

“A lot of the large companies are no longer really thrilled with tech and talent acquisitions, and those Acquisitions are turning into less and less friendly for early investors”

“There's a mindset switch that you have to make, which is like, how can this succeed? And not about how it can fail. Like, it's very easy to think about all of the ways something can fail. And so the question that you have to ask yourself is like, how can this …”

“As soon as you don't have control, so then every time when you try to raise a primary round, you're competing with all these early investors who want to sell at a large discount because, I mean, they made so much money. And they're okay to exit, you know, as s…”

“But what surprises me is that more funds, like, you know, if you were an early investor in Toast, and you're fully out of it, and you love the company, and the stock's down, like, 60%, like, why not go buy it again? Like, it surprises me more people don't do t…”