The Ledger, every show

“You only own 20% of the company. Meanwhile, the original partners of the brewery own 80% of the company. It's our opinion that, like, fundamentally those numbers are a bit egregious, and we think, like, they literally should be swapped.”

“Like, I do think it's overvalued, but I do think that this could be one of those opportunities where it's like a half a billion to a billion dollar exit, if not more, based on your hustle, based on, you know, all the things that you've said, based on your attr…”

“So we're earmarking a million dollars from the fund we justify because we feel like we're gonna get into the best deals based on this program.”

“I don't see the mainstream adoption for this product because the price is way too high and way too premium for me to To get involved in this because I just think it's going to be a very, very small select people who care about the environmental impacts to get …”

“They'll take our money in a year and a half from now. ... They will. Trust me.”

“I mean, you could have probably launched a crowdfunding campaign, come back around and raise money at a much higher valuation, but you know, you're, cause like right now you're deluding yourself by like, you're giving up like half the company.”

“But I think the blockchain is a paradigm shift. I mean, there is the mobile computing paradigm shift. There was the cloud computing paradigm shift. I think the blockchain is a new paradigm shift.”

“This is a company that will go to zero or it'll be a 20, twenty billion dollar company.”

“You're doing two things, and I don't think you can do both.”

“At the end of the day, it's actually not going to matter in terms of whether it's 1011, 12, or 15. It's actually not going to matter.”

“I mean, you could have probably launched a crowdfunding campaign, come back around and raise money at a much higher valuation, but you know, you're, cause like right now you're deluding yourself by like, you're giving up like half the company.”

“Like, to me, LOIs are, I mean, those are, that's bullshit.”

“There was a negative stigma attached to the term bridge, and now people are calling it post seed, seed extension, whatever. C two. There are companies that are in these bridge rounds that are distressed companies that are looking for an influx of capital to he…”

“And we started seeing this crazy performance From this particular cohort of companies that we were investing in, anywhere from like, two X to 2.5 X over the course of 12 months from when we invested to Series A.”

“We start building the relationship in the seed. We won't invest, but we'll start building rapport with the founder.”

“Just like you have a video game console, you have a at home entertainment console, everyone's going to have a VR in their homes, a VR headset. But I think we're a ways away from that. You know, I think we're like five or 10 years away from that, lowering that …”

“Everything you described can happen on an iPad, but you're focused, you're saying that it should happen in a, on a mirror, on a wall. Yeah. That's not convincing to me.”

“I don't see the mainstream adoption for this product because the price is way too high and way too premium for me to get involved in this because I just think it's going to be a very, very small select people who care about the environmental impacts to get ove…”

“They'll take our money in a year and a half from now.”

“Their margins are great, their growth is not. So like six, between six and seven makes sense.”

“I don't even care so much about the conversion into an actual purchase, but if, like Pinterest, there's people who go on there every day four times a day and never purchase anything, but that engagement is really powerful.”

“I think it's going to be difficult to raise three million dollars. I mean, not impossible. I mean, I've seen crazier things happen, but in this market environment, based on where you are raising three on a 10 or 15 is going to be tough.”

“If she came in and was like, I'm raising a million on six or seven million cap, and we are going to get to half a million users, and here's how we're going to do it, and she had that conviction, I would be more inclined.”

“Boxing actually, as a sport, has also hit a low.”

“To me, I worry about, like, the, like the total addressable market, like the TAM. I think for me, it's a little too narrow, so I'm gonna pass.”

“Whether it's six million, whether you're raising at a five million cap or a six million cap or a ten million dollar cap right now, if I have that conviction, I'm not too concerned.”

“And so I can sit back and wait eight to 12 months, see how this develops, see the new implementations. See how the customers are responding. Really get some accurate data here and see what the real numbers are. And then I'll pay more. I'll pay double.”

“He partnered with some, he partnered with the ex-CEO of, I believe, Ticketfly, and he also partnered with the ex a good friend of mine who started Redbox Tickets, and the three of them got together and are doing the exact same thing and just closed, like, a te…”

“They're very well funded, and I feel like they're a year or two ahead of you, and I didn't get into their last round because I was staying away from blockchain.”

“I think he'll raise this round, no problem. He's great. He'll get to 1.5, and then we'll see where it goes.”

“And they're understating the market. I don't think it's three hundred fifty billion dollar market. I think it's a half a trillion dollar market.”

“And I think ARVR is, is on the upward slope of enlightenment right now.”

“And this is something, by the way, that every food delivery and meal delivery subscription or on demand or whatever company deals with, right? This is like a pervasive problem In this space.”

“To me, I worry about, like, the, like the total addressable market, like the TAM. I think for me, it's a little too narrow, so I'm gonna pass.”

“When you're in the zone as a player, and you, when you win money, when you actually win a jackpot or you win, they are upset because it takes them out of the zone. It's not actually about winning or losing. It's just about a departure from their life.”

“It's been three and a half years, and you don't, you still don't have a working prototype.”

“I think it's going to be difficult to raise three million dollars. I mean, not impossible. I mean, I've seen crazier things happen, but in this market environment, based on where you are raising three on a 10 or 15 is going to be tough.”

“If she came in and was like, I'm raising a million on six or seven million cap, and we are going to get to half a million users, and here's how we're going to do it, and she had that conviction, I would be more inclined.”

“Typically, if someone says they're looking to build something really quickly and flip it, I would be out. But at a three million dollar price point, and with what you need to achieve to get to that thirty million dollar revenue mark, which I think could transl…”

“They can vote you out tomorrow.”

“I'm even smaller than Jake, so I write 25 to 50 K checks, but I think that those are the types of projects that I like to put myself into, that I like to participate in, you know, not only as an investor, but also as a partner to sort of help, because that's w…”

“I'm in a company called Albert. That's a personal financial mention. And yeah, they're great.”

“If, when I was getting, if I were to get pitched, if Snapchat pitched to me, you know, five, seven years ago, I would have passed, because I didn't get it, and I'd be kicking myself for passing, right?”