People, every show

Suleman "Suli" Ali

On 1 show, 1 appearance. The Shows tab opens the full record on each.

Suli Ali joined the podcast to discuss new business ideas and his upcoming career moves. He also shared personal insights and advice on creating an honest LinkedIn profile.

1shows
1appearances
21statements
3resolved
2supported
0contradicted
67%fully supported

Everything Suleman "Suli" Ali said on any show that made the record, most notable first. Each card names its show and opens the statement there.

MY FIRST MILLION Assertion Not checkable as stated
Ali: Bill Gurley yelled at founder over lost Andreessen Horowitz deal
“Friend of mine was raising money and got a term sheet from Andreessen Horowitz and Bill Gurley at Benchmark and went with the Andreessen Horowitz term sheet. And Bill Gurley was so mad that he called the founder up and like yelled at them for two hours. And se…”
Suleman "Suli" Ali Jan 24, 2023 ▶ 39:38 Behind The Scenes of Selling My Company For Millions | Suli Ali (#410)
MY FIRST MILLION Assertion Not checkable as stated
Ali: TinyCo's a16z Series A was almost torpedoed by an ex-cofounder
“I started that company, then I started TinyCo and we were raising our series A from Andreessen Horowitz and he found out and He sent them an email saying, you shouldn't let this guy you shouldn't invest in this guy call me. And so they called him and, you know…”
Suleman "Suli" Ali Jan 24, 2023 ▶ 1:00:41 Behind The Scenes of Selling My Company For Millions | Suli Ali (#410)
MY FIRST MILLION Assertion Partly supported
Ali: Travis Kalanick drove to a VC firm to block Lyft investment
“Like Travis, the Uber CEO, when he heard that some company, some VC fund was investing in Lyft, he stopped what he was doing. He drove down to that VC firm and said, here are all the reasons you shouldn't invest in Lyft.”
Suleman "Suli" Ali Jan 24, 2023 ▶ 1:01:25 Behind The Scenes of Selling My Company For Millions | Suli Ali (#410)
Ali: Telling acquirers you are not for sale often gets you disqualified
“When you ask an entrepreneur if they want to sell their business, entrepreneurs are told to say, no, I do not want to sell my business. And they expect that the buyer is going to come over the top and say, even if you don't want to sell your business, we're su…”
Suleman "Suli" Ali Jan 24, 2023 ▶ 12:59 Behind The Scenes of Selling My Company For Millions | Suli Ali (#410)
Ali: High valuations and competition make early-stage investing unprofitable
“So the combination of high valuations and increased competition makes it really hard to make any money as an investor.”
Suleman "Suli" Ali Jan 24, 2023 ▶ 41:13 Behind The Scenes of Selling My Company For Millions | Suli Ali (#410)
Ali: Squarespace is super undervalued and managed for breakeven, not profit
“I'd love to buy it because I think it's a great company that's super undervalued. It's not being run to maximize profits. So it's being run in a way that keeps it at breakeven.”
Suleman "Suli" Ali Jan 24, 2023 ▶ 1:04:37 Behind The Scenes of Selling My Company For Millions | Suli Ali (#410)
Ali: Acquirers care about strategic fit and profit, not word nuances
“The, in my head kind of having been through this a couple times, I feel like a lot of the you know, texts, the nuance of words that you care about when you're trying to sell your business, the buyer doesn't care about that much. And it's more of a emotional th…”
Suleman "Suli" Ali Jan 24, 2023 ▶ 8:51 Behind The Scenes of Selling My Company For Millions | Suli Ali (#410)
Ali: Solicits baseline acquisition offers to trigger competitive bidding
“When I was ready to sell a business, I would find somebody that I knew was interested, but wouldn't have a good offer and get them to make an offer and then say, cool go that enables you to reach out to other people and say, Hey, we have an offer to sell the b…”
Suleman "Suli" Ali Jan 24, 2023 ▶ 14:01 Behind The Scenes of Selling My Company For Millions | Suli Ali (#410)
Ali: Cloning proven playbooks into new categories is underrated
“That's like kind of underrated. And most people don't do where they're like, I see this person is successful. I'm just going to do the exact same playbook, but in a different product category or different sector.”
Suleman "Suli" Ali Jan 24, 2023 ▶ 34:11 Behind The Scenes of Selling My Company For Millions | Suli Ali (#410)
Ali: If I were MrBeast, I would build Y Combinator for creators
“I would start a Y Combinator for creators and maximize the basically find the next Kim Kardashian, the next Mr. Beast, and support them, and own a piece of them, and be a kingmaker where I'm making other kings.”
Suleman "Suli" Ali Jan 24, 2023 ▶ 38:54 Behind The Scenes of Selling My Company For Millions | Suli Ali (#410)
Ali: Passed on $25K Coinbase Series A worth $200M at IPO
“Biggest miss was Coinbase. My at TinyCo, we had this guy who worked for me named Adam Merber. He was roommates with Fred, the Coinbase co-founder. And so Brian Armstrong and Fred were fundraising for their Series A. They got a term sheet from Andreessen Horowi…”
Suleman "Suli" Ali Jan 24, 2023 ▶ 41:52 Behind The Scenes of Selling My Company For Millions | Suli Ali (#410)
Ali: Paid $75K penalty to back out of 2008 Facebook secondary
“I signed a contract to buy some Facebook stock, like, a 150,000 dollars worth, and the stock price, you know, it was private, but in the private market, the price went down by 50%, and I called my father and was like, oh, you know, if this happened to me, And …”
Suleman "Suli" Ali Jan 24, 2023 ▶ 43:27 Behind The Scenes of Selling My Company For Millions | Suli Ali (#410)
Ali: Holding $50M in 30-day T-bills waiting for market entry
“I've got, like, forty million dollars or fifty million dollars in US T-bills that, like, mature every 30 days, and I'm keeping them on, in, like, short-term T-bills because I'm, like, I'm gonna find some other investment, whether that's the S&P 500 or somethin…”
Suleman "Suli" Ali Jan 24, 2023 ▶ 47:07 Behind The Scenes of Selling My Company For Millions | Suli Ali (#410)
MY FIRST MILLION Assertion Not checkable as stated
Ali: Solo Stove founder puts entire net worth into Vanguard ETFs
“He doesn't invest in any startups. He doesn't invest in any private equity funds or VC funds. He's like, when people are like, do you want to invest in this, that, the other thing? He's like, no, I'm good. He takes all of his money and puts it in the stock mar…”
Suleman "Suli" Ali Jan 24, 2023 ▶ 1:24:13 Behind The Scenes of Selling My Company For Millions | Suli Ali (#410)
MY FIRST MILLION Assertion Supported
Ali: Blocked $1B Chinese buyout led to AppLovin's $30B public valuation
“He sold Apple oven to a Chinese company for a one billion dollars. And the Trump administration blocked the deal or the FTC blocked the deal. And instead of it being a billion dollar sale, the Chinese company invested a hundred million dollars into Apple Levin…”
Suleman "Suli" Ali Jan 24, 2023 ▶ 6:13 Behind The Scenes of Selling My Company For Millions | Suli Ali (#410)
Ali: Charlatan acquirers lead with flattery and puffery rather than numbers
“There's a lot of people who are charlatans nowadays, and they'll often lead with a lot of, like, flattery and not substance... And they don't lead with like numbers and information. They lead with like flowery language that doesn't go anywhere.”
Suleman "Suli" Ali Jan 24, 2023 ▶ 16:30 Behind The Scenes of Selling My Company For Millions | Suli Ali (#410)
MY FIRST MILLION Assertion Not checkable as stated
Ali: A friend turned $50K in 2008 Facebook stock into $8 million
“Somebody else came to me and was like, hey I've got Facebook stock to sell to, and so I hooked up a friend of mine with that Facebook stock, and he bought 50 K worth of stock, And that 50 K ended up being worth, like, eight million dollars for him, which is ki…”
Suleman "Suli" Ali Jan 24, 2023 ▶ 44:29 Behind The Scenes of Selling My Company For Millions | Suli Ali (#410)
Ali: Family acquired roughly 100 Florida rental homes buying the 2008 crash
“In you know, I sold my first startup and made a million bucks in 2008. He lived in Florida and was like, all the real estate prices here are at 25 cents on the dollar. I'm gonna go buy it. And so he bought a house. I sent him the million dollars. He went and b…”
Suleman "Suli" Ali Jan 24, 2023 ▶ 48:06 Behind The Scenes of Selling My Company For Millions | Suli Ali (#410)
MY FIRST MILLION Assertion Supported
Ali: Squarespace has $900M run rate and 4M subscribers despite stock drop
“And so the stock is down, you know, 50% since the IPO. They're at this, like, kind of nine hundred million revenue run rate now. It's a subscription business with more than four million subscribers.”
Suleman "Suli" Ali Jan 24, 2023 ▶ 1:04:23 Behind The Scenes of Selling My Company For Millions | Suli Ali (#410)
MY FIRST MILLION Assertion Not checkable as stated
Ali: Solo dental practice generated 7-figure EBITDA at 50% net margin
“So he does seven figures in EBITDA, has a 50% net margin all while working three days a week.”
Suleman "Suli" Ali Jan 24, 2023 ▶ 1:10:48 Behind The Scenes of Selling My Company For Millions | Suli Ali (#410)
Suli Ali is hiring a "chief fun officer" to disrupt work habits
“One of the things that made me do is I'm trying to hire a chief fund officer. My definition of fun is often like, let's work and let's grind it out. I'm trying to hire somebody who's the exact opposite of me to be like, no, that's lame. Here's like five more f…”
Suleman "Suli" Ali Jan 24, 2023 ▶ 1:27:49 Behind The Scenes of Selling My Company For Millions | Suli Ali (#410)

One line per show, most statements first. The link opens Suleman's full record on that show: the calibration, argument clarity, speaking style and every statement made there.

ShowRole thereEpsStatementsRecord
MY FIRST MILLIONLEDGER 1 21 67% 2/3 full record on My First Million →
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