Build Group

“We, we're doing it ourselves. I, we, like every other firm, we're figuring out how to use AI to really work top of the funnel, ingest, extract data move the analysis, but I'm also using it to analyze our investment process. Where are we having gaps? Where is i…”

“As I tell founders, I go, my portfolio is concentrated enough. I don't want zero. I need something that works. And I actually care and I want this thing to be successful.”

“The number one thing that I think we do, right, that, that really helps companies is we help them define their strategy every year. And I tell them, don't have to do a lot of work on this. It can be a one to five page document, but write your strategy down. Yo…”

“We invest the early growth stage. So these are companies that are, call it three to five million ARR on the low end, ten million on the high end.”

“I do think that the more players you see in an industry, the more those players have to work together, the more you're going to tend to find data. Because when you have partners, you're sharing data which means you probably have applications that are generatin…”

“One of our bigger successes, we had a company called Case Text which was in the legal space, which, you know, when I invested in that five years ago, I remember everyone saying, What are you doing? Legal tech's kind of a dead hole. And this was even different …”

“That's not a hundred percent true, but you know, I would tell people every single company I've invested in has had some major go to market issue that needed adjusting.”

“But what is really hard to fix is product. And what I won't do is get in a situation where a product is busted.”

“So the first fund we raised, three hundred thirty million dollars It's structured as a permanent fund, which essentially means we can hold investments for as long as they want to go.”

“I do not believe in co-CEOs. I think that is a really difficult thing to make work. I think in the end, you really need to have one person in charge.”

“My big belief is that whether you're intending to sell in two years or 20, you're best served by having a long-term plan and strategy because that, even if you don't deliver on it, having the vision for it will help to create an excellent outcome for you if yo…”

“One lesson you learned in this industry is you can lose your own money as many times, as much time as you want. You can lose other people's money one time and you're done.”

“I think investors are really good at optimizing the entry and the terms and the exit, but not necessarily great in between.”