Venture Financing
topic on 3 shows · 3 statements across 3 episodes
the Y Combinator Startup Podcast
Lenny's Podcast
20VC
3 statements about Venture Financing, every show
Ries: Running out of money and declaring bankruptcy is a venture system feature
“Like, one of the genius things about it is, like, at the end of the day, you do run out of money. The thing, you're forced to declare bankruptcy, that's actually a really positive feature of the system.”
Caldwell sometimes discourages profitable side projects from raising venture capital
“Sometimes what I do is actually discourage someone from doing venture financing if they have a side project working, especially if they're making money, And they never will have, like, they can support themselves on it, and they can basically have the job fore…”
Wang estimates he has completed around 10,000 venture financing transactions
“Now, if we're talking about something like venture financing and, you know, I've probably done 10,000 of those, I may lean in a little bit more heavily, heavily on my advice and say, gee, you know, I hear what you're saying, but you really might want to listen…”