Bay Area

“Because we're not in the Bay Area, we are going to have to fight even harder to build a credibility network, and you just need it. You need to have people, you need to have investors, and you need, I think the first 25 hires that we made at Podium were, ah, re…”

“If you're in Lehigh, Utah, you may as well be in Bucharest, Romania when it comes to investors. Like, it doesn't matter. Once you're outside of the Bay Area, you're just outside, and there's nothing really matters.”

“Basically, seed valuations in the Bay Area have not changed that much and after that, basically everything's getting done at, 10 X-ish if you're really good, 10 X current revenues, and here's the important point. If you're on fire, well this is what I've learn…”

“These ten million dollar, twenty million dollar rounds in the Bay Area, they can't last, right? Not enough of these companies are gonna go from one to a hundred in two years”