venture capital

“I think the VC game is great. If you think you can win an industry, it's great if you're top three, it's bad for everyone else who doesn't become top three contender in that space, right? So just because the valuations and the and the Illiquidity about the dea…”

“VC funding, multiples are very different than exit multiples. They've always been different.”

“We talk to these founders who have built this business that is in all senses, a great business. But when you overlay the venture capital trajectory that needs to happen for businesses to be doing actually great by the label of great in the modern world, then t…”

“So we don't like these, you know, super high growth companies and we're not competing with VC money or capital investments.”

“The idea that VCs know their industries better than the entrepreneurs is almost always ludicrous.”

“How you finance your company is a big determinant of how much money the entrepreneur actually makes. Now that may not be the definition of success. It might be how big the company is, but a lot of entrepreneurs are out there trying to raise venture capital whe…”

“The reaction that they end up having is saying, Hey we're overweighted venture. We're not going to give any money to new V to VCs for a while. And VCs know this. And so the net result is VCs say, okay, well, it's going to be really hard to raise capital. Let's…”

“If you want to create wealth, bootstrap. If you want to change market raise venture because your odds are, I mean Mike requires venture backed. I know my odds. I got a one percent lottery ticket.”

“Maybe in the future, if I create more startups, which I will, I would rather go to the bootstrapping and doing it myself rather than raising money and having that, you know, Strong metrics to be met constantly, and that big backpack, backpacking your shoulder …”

“By the time you're going to have that conversation, it needs to be definitive. Dude, I'm out. I'm out of money. I'm out of, like, hell, like my spouse is trying to, you know, is, is tired of dealing with my shit. I need to get out. Okay, now hear me out. Now, …”

“You have to start with right now, your option is zero. You can't be like, oh, I know we raised that fifty million, but like, you know, this one will only get you five. You'd be like, dude, you invested however much you invested. Sadly, it's gone. We're startin…”

“Bootstrapping is more like building a business around your life. Whereas raising VC or P capital is more like stretching your life Around the business. At least that's how it feels to me.”

“Allows individuals like myself or targets like Apreeva to be able to go through, meet each other, find a way to go through and blaze a path that does not have to necessarily be financed by large venture capital checks with completely out, like different size a…”