Jonathan Kumar
person on 1 show · 8 statements across 1 episodes
On the record as a speaker too: Jonathan Kumar across every show, appearances and statements → this page counts the times other people say the name.
8 statements about Jonathan Kumar, every show
Samaritan raised $500,000 of its $1M goal, including $25,000 from Jillian Manus
“He ended up raising 500,000 dollars of the one million he was seeking on our show. 25 K of which came from Jillian.”
Jonathan Kumar notes pitching failure contingencies undermines VC confidence in founders
“I think that they want to see that the business is going to work, and if I'm already talking about what we're going to do if we fail, that's not going to instill confidence in an entrepreneur that they've just met five minutes ago.”
Jonathan Kumar says Samaritan will pivot to non-profit if VC path fails
“And if we fail, but we're, it's still worth keeping Samaritan around, then we'll do the donor route.”
Jonathan Kumar says enriching VCs is acceptable if it speeds homelessness relief
“Like I am glad about getting to people in five years instead of 10, if we were doing banquet fundraisers and passing the hat for donations, it's all about how can we help people across the country experiencing homelessness the fastest. And if we need to make s…”
Michael Hyatt passes on Samaritan, feeling uncomfortable profiting from alleviating homelessness
“So I'm gonna pass, and here's my reasoning. I can't get comfortable around being involved in a business like this because I don't feel comfortable pushing for profit and scaling and all this kind of stuff, and when I have to consider what we're really doing.”
Charles Hudson passes on Samaritan due to institutional venture return thresholds
“And so if I were an angel investor, I would invest in your company because from my personal angel investments that I made before I had my fund, I was able to set my own return threshold. I could say, if I get my money back on this investment and I get a chance…”
Jonathan Kumar says Samaritan is not targeting an acquisition or IPO
“We're not targeting an exit right now. We're focusing on, on building an incredible business that helps nonprofits and cities better understand, reduce, and ultimately prevent situations of homelessness.”