500 Fintech
fund on 1 show · 4 statements across 2 episodes · said 4 times in 1 episodes since 2022
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Mohnot: 500 Fintech cohorts produced five 70x return companies
“We have five companies that are more than 70 X on each, in each of the, so we did five cohorts of six to 10 companies, and out of all those, so say it's like 40 companies in total, we have five companies that are delivering more than 70 X return.”
One 500 Fintech Portfolio Company Returned the Entire Fund Five Times Over
“Even though I invested in 70 plus companies, there's only a handful of them that really matter, and the one The one biggest one represents a five X on the fund.”
Mohnot Faked Having a Fund by Investing Personal Capital for 18 Months
“For the first 18 months, I was basically funding it out of my own pocket, pretending like I had a fund. And it was most of the money I had at the time. Like I was selling stock to invest in startups to pretend like I had a fund.”