Shaan Puri: Startups are the only asset class that selects the investor
Shaan Puri · How To Turn $10,000 Into $150,000 With Angel Investing · Mar 26, 2022 · at 1:51
Sean Puri explains to Sam Parr why angel investors must cultivate a strong public reputation to gain access to competitive startup deals.
“Startups are the only asset class, like, real estate doesn't work this way, stock market, like, in real estate, if you want to buy it, you go buy it. If you want stock, if you want to buy it, you go buy it. Startups are the only thing where even if you want in, you don't just get in. The security selects you. The asset selects you just as much as you're selecting the asset. And that one insight is pretty important. It basically means you need to build your brand and your, like, reputation so that people want you in deals because the best deals are all, like, kind of, like, super competitive to get into.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →