Seed Company

“I feel there's like Boyle's Law as applied to capital. So if you raise a million dollar round for your seed company, you'll spend it and build a company with that million. But if you raise five million or ten million, you'll spend it just the same and get to t…”

“So you can't invest at a seed company at a fifty million dollar valuation and expect to make money. Like that's, if you're doing that, it's just going to be really tough.”