Shine Capital

“We're always looking to be pigs. Like we are trying to get double digit ownership where we can, and we will do a little bit less here and there. Like we're, we will sometimes build our way into positions. We'll buy five or six percent and then buy a little mor…”

“We're typically writing for a seed, call it one and a half to three million dollars to lead around and for an A, six to eight million dollars to lead around, and if we really push it, we could probably go up to 10.”

“I've actually found that learning lessons from successes is extremely dangerous because of the risk of confirmation bias. We will convince ourselves Of whatever we want to convince ourselves is the proximal cause of the success, you know, because it was succes…”

“We manage about four hundred and thirty five million dollars or so. Our first fund was a hundred and twenty five million dollar early stage fund. Our second fund is a two hundred million dollar early stage fund, and we have a hundred million dollar opportuniti…”

“We don't actually reserve per company when we do a deal at all. I actually reserve a bucket for the entire fund”

“I think we should have fewer investors and some less capital in the system. I think we've pumped too much capital into the system and it's created a lot of bad habits. And I think it's going to dampen returns, frankly.”

“We're not investing in a hundred companies. We're investing in, you know, 25 per fund.”