Everything Dinesh Kandanchatha said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Board members must generate 10x to 20x their pay in value
“Whatever you're getting paid, you have to generate 10 to 20 times that in value. Otherwise you won't keep your seat. So if you can't, if you're getting paid a thousand bucks a month, you better be able to generate Like 20,000 dollars in either cost savings or …”
Startup lawsuits sideline founders regardless of who is legally right
“Well, it's the funny thing I learned about that process is it doesn't matter if you're right or wrong. No, totally. It just puts you on the sidelines”
Kandanchatha predicts Patriot One Technologies will become a billion-dollar company
“And I want to make sure that I'm, that it's going to get executed effectively and it's going to be a billion dollar company.”
Kandanchatha charges advisory fees so founders value his advice
“I also, you know, do some consulting work and board work. But that's mostly just that's just mostly to support the entrepreneurs and, you know, put, Put a dollar beside it so that people don't ignore what I say.”
Kandanchatha works one day weekly with his pre-seed portfolio companies
“I'm pre-Series A, often pre-seed, and what I'm trying to do there is Take my capital and amplify it with my network and my experience. So you need to take 75 K Worth of capital, but then I'm working with you. I'm putting a day into your business and a day a we…”
Protus IP Solutions grew from near zero to $80M ARR in six years
“And so it, coming in and then working with the founders and then building out a sales and marketing organization and then taking the revenue to basically zero and then growing it all the way back up to eighty million dollars in software as a service.”
Kandanchatha targets 3% to 5% equity stakes for 10x returns
“And that's kind of my thing is I kind of get in at the three, four, five percent Level. And then, you know, help really scale that up to through those three things, capital, network, and expertise to turn, you know, get a 10 X return.”
Kandanchatha sees 20 deals a year and invests in two
“I probably see around 20 deals a year, of which I would invest in two and a bunch of the other ones I continue to advise.”
Kandanchatha writes angel checks between $75k and $150k
“Between 75 and 150 K, depending on what's there, and you know, it's small money, I guess, in some ways.”
Kandanchatha spent hundreds of thousands defending an early startup lawsuit
“I ended up spending hundreds of thousands of dollars in legal battles instead of building my company”
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