investor

“When you're in your most uncertain moments as a founder, it's really tempting to offload that decision as much as you can to your investors, to other execs, to your co-founder, to try to basically see, all right, if I'm like, 55, 45 on this decision, let me ju…”

“The part of the auction dynamic, I think made people feel like they were part of an auction and investors don't like that feeling. They like to think they got a, you know, that they did their job to get a good price at the current price.”

“I think in terms of fundraising, it needs to be like, it needs to be driven by the founder in the sense that you need to create like that typical, like FOMO situation where you can tell investors that other people are going to be making a decision like in the …”

“When the company finds product market fit and you need to build repeatability and scalability in the company, these same founders throw organizational hand grenades into their own organization and culture, trying to keep that chaos going on inside their compan…”

“My test, actually, I get it down to a test that investors should think about. Is you want to ask the founder from a successful company, how many red eyes were you on? That is to be able to jump on a plane for, in fact, just to be clear, you know, here we are i…”

“To start with, I'm only going to tell investors good news after it happens and bad news Either hopefully before it happens or as soon as it happens, worst case.”

“I think there's just almost pure downside in listing these things out to investors.”

“Because, you know, half of them are, of the investors are just, oh, this is a hot deal. I need to chase it. And they don't really fundamentally believe in the problem or you”

“In fact, they'll discount anything you say anyway. So if you tell them, ah, you know, we're going to be a billion dollar company, they'll probably think, well, oh, well, they'll only be a five hundred million dollar company. You say ten billion, they'll probab…”