Everything Al Bsharah said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Bsharah: PE offered VCs an observer seat and 18-month CEO retention guarantee
“They essentially said, They would give us a board observer seat and promise not to fire the CEO for 18 months.”
Al Bsharah: Active founders should hold four investor conversations every few days
“You should be having four conversations every couple of days, if not every day.”
Bsharah doubts Amateur Golf Society will hit exit targets in three years
“Like, I don't feel like you're going to get there in three years.”
Bsharah Passes on Locker Over Concerns About User Retention and Lock-In
“And my, I think one of my bigger concerns is how you become sticky. I think shoppers, they're fickle. They go to the next shiny object when something comes along. And I haven't seen that thing that makes you that like that, that locks these people in in a way …”
Bsharah Praises Locker for Retaining 25% of Chrome Extension Users Monthly
“The top part of the funnel was good. Like, I mean, for a Chrome extension, you've got 25% of people who've ever downloaded, like, they're actively every month. That feels pretty strong, but everything below that was missing, right?”
Bsharah: Online shoppers are fickle and lack platform loyalty
“I think shoppers, they're fickle. They go to the next shiny object when something comes along. And I haven't seen that thing that makes you that, like, that, that locks these people in in a way that they don't want to leave. And so for that, like, I, this woul…”
Bsharah: Locker Chrome Extension Retains 25% of Downloaders Monthly
“The top part of the funnel was good. Like, I mean, for a Chrome extension, you've got 25% of people who've ever downloaded, like, they're actively every month. That feels pretty strong, but everything below that was missing, right?”
Al Bsharah commits $50,000 from Interlock Capital at a $7M cap
“We have the ability to do around a 150 K out of the fund. If we're at seven, then I'm definitely in for the 50, assuming you get your traction.”
Al Bsharah commits to investing $50,000 in Ride IQ
“I'm relatively comfortable at 50 K. That'd be great.”
Al Bsharah
THE PITCHLEDGER