Michael Hyatt

58 statements across 32 episodes · 16 bullish · 26 bearish · 10 people on the record · first statement Mar 3, 2025 by Josh Muccio · said 5 times in 2 episodes since 2025 · across every show →

On the record as a speaker too: Michael Hyatt's record, appearances and statements → this page counts the times other people say the name.

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brought up most by Josh Muccio (5)

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Everything said about Michael Hyatt, oldest first

Mar 3, 2025
Assertion Supported
Bounce raised over $1M in seed funding by late 2018
“He invested 50 K on top of the hundred K from Jillian. And by the end of 2018, Cody and his co-founder Alex had raised over a million dollars.”
Josh Muccio Mar 3, 2025 ▶ 5:52 #91 “If We Don’t Get the Money by Friday …”
Mar 3, 2025 bearish
Prediction Not checkable as stated
Hyatt: Kuriyama needs $5M to $10M in VC to fend off clones
“I think he needs five, ten million bucks. I think he needs to go hard or go home. I'm telling you, this thing is, Is, is so going to be copied.”
Michael Hyatt Mar 3, 2025 ▶ 21:25 #28 Is This Entrepreneur Ready to Take On Facebook?
Mar 3, 2025 negative
Opinion
Hyatt: Boundless is a service business, not a SaaS company
“And this is service business. This is not a SaaS company.”
Michael Hyatt Mar 3, 2025 ▶ 21:47 #32 Is Immigration the Next Venture-Scale Business?
Mar 3, 2025 bearish
Disclosure
Hyatt: Boundless is not investable right now
“My, when I step back and I look at this I don't think your business is actually that investable right now. What I expected to hear was after raising three and a half million, that you would have thought through the business a little more. I wanted you to come …”
Michael Hyatt Mar 3, 2025 ▶ 13:56 #32 Is Immigration the Next Venture-Scale Business?
Mar 3, 2025 negative
Disclosure
Hyatt: I don't back good guys hoping they figure it out
“So, so I don't back companies based on this idea that you're going to get a lot of money, and then hopefully, because you're a good guy, you're going to figure it out.”
Michael Hyatt Mar 3, 2025 ▶ 20:17 #32 Is Immigration the Next Venture-Scale Business?
Mar 3, 2025 neutral
Opinion
Michael Hyatt: Tire Agent works best as a cash-flow lifestyle business
“I think this is the most amazing lifestyle business. This guy understands how to work that New York market. He could get out a million bucks of free cash flow a year. He could pay all his investors. He could make three, 400 grand a year and be very happy.”
Michael Hyatt Mar 3, 2025 ▶ 17:15 #33 What Is a Startup Actually Worth?
Mar 3, 2025 bearish
Opinion
Hyatt: Tire Agent's valuation is likely no higher than its prior round
“Really, your valuation is probably not much more than what you just did, and really what you should be looking for is, is, is probably strategic investors that'll help you and make these introductions and what have you.”
Michael Hyatt Mar 3, 2025 ▶ 12:26 #33 What Is a Startup Actually Worth?
Mar 3, 2025 negative
Insight
Hyatt: Caribu has no technical moat; publisher rights are all that matters
“We all know we can have five developers do it in five months. It's, if she has the publishers... It doesn't matter. She can have a worse product if she owns the publishers.”
Michael Hyatt Mar 3, 2025 ▶ 19:10 #34 Can Storytime Become Big Business?
Mar 3, 2025
Insight
Hyatt: Successful entrepreneurs fix problems they experienced in their own lives
“Like all entrepreneurs that are successful that I've seen are fixing a problem that they've seen in their lives.”
Michael Hyatt Mar 3, 2025 ▶ 5:48 #37 Can Tech Solve America’s Drug Crisis?
Mar 3, 2025 neutral
Assertion Supported
Stefan Lobel Reveals That Pitch Investors Dropped Out After Due Diligence
“Michael, Nicole, and Jillian are out, and Charles, I had, we had a difficult time connecting.”
Stefan Lobel Mar 3, 2025 ▶ 35:09 #39 This Pitch is Damn Near Perfect
Mar 3, 2025
Insight
Hyatt: Early-stage investing is betting on founder likability and pivot ability
“The number one thing you look for in these startups, because they're very early stage, is can they, can you work with them, and can they pivot? All companies pivot, no matter what, they'll pivot, all these companies are going to pivot five times, but can you w…”
Michael Hyatt Mar 3, 2025 ▶ 39:16 #40 Three Startups Enter. Only One Will Leave.
Mar 3, 2025 bearish
Opinion
Michael Hyatt: Average Consumers Won't Use Apps to Reserve High-End Wine
“What you're describing is a niche subset of the wine. You have to really be into wine to do what you're doing to, like, look at your phone, find an app, find a bottle. The average person's not going to do that. The average American consumer does not do that.”
Michael Hyatt Mar 3, 2025 ▶ 32:23 #40 Three Startups Enter. Only One Will Leave.
Mar 3, 2025 bearish
Disclosure
Hyatt: Amazon shipping announcement prevented his investment in Shipsi
“And then right afterwards Amazon kind of came out and said they're getting into the kind of shipping business and kind of making it shipping for all. And I think that muddied the waters a little for me. I just couldn't get comfortable enough that they were goi…”
Michael Hyatt Mar 3, 2025 ▶ 27:59 #41 Can This Startup Help Retailers Take on Amazon?
Mar 3, 2025 neutral
Insight
Hyatt: Better to pass than give in to FOMO without diligence
“After a show typically there's a buzz around these companies, and they all gonna raise their round extremely quickly, within a matter of weeks, and if you can't do due diligence enough, ask enough people, you can't, if you don't get enough comfort, then it's b…”
Michael Hyatt Mar 3, 2025 ▶ 28:27 #41 Can This Startup Help Retailers Take on Amazon?
Mar 3, 2025 bullish
Opinion
Hyatt: Cody Candee has strong product instincts and counterintuitive thinking
“He's just quirky and strange enough To be onto something with his counterintuitive thinking. And his answers are very good. He's a product guy at heart.”
Michael Hyatt Mar 3, 2025 ▶ 21:51 #42 How Much Do You Trust Your Barista?
Mar 3, 2025 positive
Assertion Not checkable as stated
Candee: Michael Hyatt invests $50,000 in Bounce after the pitch
“He put in 50.”
Cody Candee Mar 3, 2025 ▶ 27:19 #42 How Much Do You Trust Your Barista?
Mar 3, 2025
Insight
Hyatt: Potential means nothing if founders cannot crystallize their value
“For the listeners, I think what they have to see in this one is that you can come in here with tremendous potential in a business, but if you can't crystallize the value of your business to investors, it doesn't work.”
Michael Hyatt Mar 3, 2025 ▶ 20:53 #44 Is This Sports App the Next OpenTable?
Mar 3, 2025 bearish
Opinion
Hyatt: Fletch should pivot to enterprise workforce attendance over education
“I don't like the education space and what you're doing. I would like you to be an enterprise product for businesses, for attendance, for workers, where there's real money transacting involved. I think that's the higher value usage, and I think you're going to …”
Michael Hyatt Mar 3, 2025 ▶ 18:44 #47 Can This Tiny Gadget Keep Kids in College?
Mar 3, 2025 negative
Opinion
Hyatt: Fletch is a feature rather than a standalone product
“I'm not that interested in your attendance platform because I think it's a feature, not a product, and it's got a hurdle because it's not only a feature, I've got to put in a piece of hardware, so I'm moderately interested, not that interested.”
Michael Hyatt Mar 3, 2025 ▶ 8:54 #47 Can This Tiny Gadget Keep Kids in College?
Mar 3, 2025 bullish
Disclosure
Manus retracts her pass on Cushion and offers to join syndicate
“But I would like to see the lead. So I'm going to hop on the fill on the mic, and maybe it's even the Howie wagon, which is, I'm not going to pass because I've learned so much more, and I've learned that you don't pass prematurely when some of the key parts, w…”
Jillian Manus Mar 3, 2025 ▶ 21:52 #51 This Bot Can Fight Your ATM Fees
Mar 3, 2025 bullish
Disclosure
Hyatt commits to invest in Cushion, pending lead investor and valuation
“I'm in if I can get comfortable with a lead and comfortable with the valuation after the show.”
Michael Hyatt Mar 3, 2025 ▶ 19:09 #51 This Bot Can Fight Your ATM Fees
Mar 3, 2025 neutral
Disclosure
Hyatt would pay a $10M-$20M valuation once PopCom reaches 500 active machines
“I would like to pay a higher valuation for your company, and I'd like to put in more money when you have 500 or a thousand of vending machines, and I'd like to pay for that, right? I'd like to pay a 10, 15, twenty million dollar valuation when you have actual …”
Michael Hyatt Mar 3, 2025 ▶ 22:17 Is the ICO Gold Rush Over?
Mar 3, 2025 neutral
Insight
Hyatt: Industry praise is meaningless unless partners actually write investment checks
“It's really easy to say, I love you, baby. But it's much, much harder to actually cut you a check. If they love what you're doing, people are greedy with their money. They would want to make money on it.”
Michael Hyatt Mar 3, 2025 ▶ 15:37 #57 Where Losers Go To Win
Mar 3, 2025 bullish
Disclosure
Hyatt: Offers to invest $50,000 to $100,000 into DogSpot
“I'd like to come in as well. And based on the terms of your VC lead, I'd like to see, but I'd be in anywhere from 50 to a 100,000.”
Michael Hyatt Mar 3, 2025 ▶ 19:44 #58 Park Your Pooch Here
Mar 3, 2025 bullish
Prediction Not checkable as stated
Brownridge: DogSpot hits breakeven at 365 deployed units and $250K MRR
“When we're at 300 it would be 365 houses deployed, we'll be at a point where we're covering our operational costs, which is around 250,000 dollars monthly recurring revenue.”
Chelsea Brownridge Mar 3, 2025 ▶ 10:08 #58 Park Your Pooch Here
Mar 3, 2025 bearish
Opinion
Hyatt: Offsite events have virtually nothing to do with building company culture
“Culture is built with 75 things. One of those 75 may be this infrequently. It doesn't have anything to do with really building culture.”
Michael Hyatt Mar 3, 2025 ▶ 8:59 #59 Disrupting Work Happy Hour
Mar 3, 2025
Insight
Hudson: Founders cannot win philosophical debates with VCs during pitches
“Like, that's not a winnable argument as an entrepreneur. What was a winnable argument was he could have told us a lot more, but let me tell you about the actual value that I'm delivering for both sides of the marketplace.”
Charles Hudson Mar 3, 2025 ▶ 22:54 #59 Disrupting Work Happy Hour
Mar 3, 2025 bearish
Disclosure
Michael Hyatt rescinds his offer because Feedback isn't working yet
“It sounds like what he's doing isn't working yet. That's fundamentally why I haven't invested.”
Michael Hyatt Mar 3, 2025 ▶ 27:43 #62 Pivot or Die
Mar 3, 2025 bullish
Disclosure
Michael Hyatt offers to invest $50,000 in Feedback
“So for all those reasons, I'd like to invest. 50,000.”
Michael Hyatt Mar 3, 2025 ▶ 20:14 #62 Pivot or Die
Mar 3, 2025 positive
Disclosure
Michael Hyatt discloses he is an investor in food app Ritual
“And I'm going to throw it out there because I'm an investor in this company, do you think Ritual, do you think a Ritual or somebody would acquire these guys?”
Michael Hyatt Mar 3, 2025 ▶ 22:36 #62 Pivot or Die
Mar 3, 2025 neutral
Disclosure
Jonathan Kumar says Samaritan is not targeting an acquisition or IPO
“We're not targeting an exit right now. We're focusing on, on building an incredible business that helps nonprofits and cities better understand, reduce, and ultimately prevent situations of homelessness.”
Jonathan Kumar Mar 3, 2025 ▶ 12:46 #63 Can A Startup Solve Homelessness?
Mar 3, 2025 negative
Disclosure
Michael Hyatt passes on Samaritan, feeling uncomfortable profiting from alleviating homelessness
“So I'm gonna pass, and here's my reasoning. I can't get comfortable around being involved in a business like this because I don't feel comfortable pushing for profit and scaling and all this kind of stuff, and when I have to consider what we're really doing.”
Michael Hyatt Mar 3, 2025 ▶ 17:46 #63 Can A Startup Solve Homelessness?
Mar 3, 2025 negative
Opinion
Michael Hyatt believes VCs avoid boasting about profiting off homelessness programs
“I don't see any VC wanting to say to their investors that they made all this money off of this type of program.”
Michael Hyatt Mar 3, 2025 ▶ 23:15 #63 Can A Startup Solve Homelessness?
Mar 3, 2025 positive
Insight
Michael Hyatt says nonprofits should act like businesses and generate profit
“I can tell you that a lot of, you know, nonprofits should act more like businesses and figure out how to make it profitable so they can do more like what you're saying.”
Michael Hyatt Mar 3, 2025 ▶ 18:04 #63 Can A Startup Solve Homelessness?
Mar 3, 2025 negative
Insight
Hyatt: Pre-revenue $30M valuations only work for proven repeat entrepreneurs
“You could get that valuation if you were a multi-repeat entrepreneur, and you had this crazy good track record, and they're just not even buying into your company, just the person.”
Michael Hyatt Mar 3, 2025 ▶ 22:15 #64 Startup Sale! 80% Off
Mar 3, 2025 negative
Disclosure
Hyatt missed investing in User Interviews due to a flooded inbox
“After the show, you know, you're delused with a whole bunch of stuff, and then you get back into your working life, and then you have a whole bunch of deals going on, and I know this is a poor excuse for the people who listen to this show, but I literally drop…”
Michael Hyatt Mar 3, 2025 ▶ 28:30 #66 Does Anyone Really Want Your Product?
Mar 3, 2025
Disclosure
Meng sets a strict $12M valuation floor for his funding round
“We're definitely not going below twelve million.”
Dennis Meng Mar 3, 2025 ▶ 17:19 #66 Does Anyone Really Want Your Product?
Mar 3, 2025 bullish
Disclosure
Michael Hyatt offers to invest $50k to $150k in User Interviews
“I think I'd put you know, between 50 to 150,000.”
Michael Hyatt Mar 3, 2025 ▶ 18:52 #66 Does Anyone Really Want Your Product?
Mar 3, 2025 bearish
Prediction Not checkable as stated
Hyatt: Dig is likely to be acquired quickly at modest price
“I think it's likely that you're going to get acquired, and the number's not going to be that high, but it's going to change your life, and I think it's going to be a lot of money for you, but I'd rather have a better multiple, because I think you're going to g…”
Michael Hyatt Mar 3, 2025 ▶ 19:01 #68 Dogs & Dating: A Match Made in Heaven?
Mar 3, 2025
Insight
Hyatt: Starting a business always costs more and takes longer than planned
“So look, there's two things that are always true about Starting a business. It always costs more, and it always takes longer. And I've never met an entrepreneur that says, you know what my problem was? I just raised too much money.”
Michael Hyatt Mar 3, 2025 ▶ 14:22 #69 When Less Is Not More
Mar 3, 2025 bearish
Opinion
Hyatt: Boundless is a service business, not a SaaS company
“And this is service business. This is not a SaaS company.”
Michael Hyatt Mar 3, 2025 ▶ 18:13 When You Grow Too Fast
Mar 3, 2025 bearish
Opinion
Michael Hyatt: Boundless is not an investable business right now
“I guess my, when I step back and I look at this I don't think your business is actually that investable right now.”
Michael Hyatt Mar 3, 2025 ▶ 11:41 When You Grow Too Fast
Mar 3, 2025
Disclosure
Hyatt: I do not fund founders to figure it out later
“So, so, I don't back companies based on this idea that you're going to get a lot of money, and then hopefully, because you're a good guy, you're going to figure it out.”
Michael Hyatt Mar 3, 2025 ▶ 16:43 When You Grow Too Fast
Mar 3, 2025 negative
Assertion Supported
Muccio: Investors stalled and Phil Nadel passed on Earbuds
“Charles, Michael, and Jillian, they still haven't actually given Jason any money. And Phil, well, he already told Jason he's out.”
Josh Muccio Mar 3, 2025 ▶ 23:29 #70 What Is Michael Phelps Jamming to Right Now?
Mar 3, 2025 neutral
Insight
Hyatt: Winning social music platform's moat is celebrity star power
“The winner of the space will have a moat, and the moat is really simple. Who got the stars on and using it?”
Michael Hyatt Mar 3, 2025 ▶ 8:28 #70 What Is Michael Phelps Jamming to Right Now?
Mar 3, 2025 negative
Opinion
Michael Hyatt calls Tot Squad's $15M bridge round a mispriced deal
“It's a mispriced deal.”
Michael Hyatt Mar 3, 2025 ▶ 18:24 #71 Raising Kids Is Hard. So Is Raising a Startup.
Mar 3, 2025 bullish
Disclosure
Michael Hyatt commits to investing in Andrew Hoagland's startup Vetd
“I'm betting on this horse, by the way. I, this is the horse. This guy is, this guy's gonna sell himself right, right the way through.”
Michael Hyatt Mar 3, 2025 ▶ 16:48 #73 Enough Sales Calls Already!
Mar 3, 2025 bullish
Prediction Not checkable as stated
Michael Hyatt predicts Vetd will reach $40M valuation at $1M revenue
“These guys get any traction. The valuation is going to be at 40, fifty million. I'm telling you. I know these enterprise companies are gonna help with bananas. He gets a million of revenues, it's gonna be 20 x, 30 x.”
Michael Hyatt Mar 3, 2025 ▶ 15:51 #73 Enough Sales Calls Already!
Mar 3, 2025 bearish
Assertion Not checkable as stated
Michael Hyatt: Lab 141 lacks working equipment and commercial proof
“There's no equipment yet. There's no proof in the pudding. There's no real work through.”
Michael Hyatt Mar 3, 2025 ▶ 20:16 #75 “I Want Bro Money Too”
Mar 3, 2025 bullish
Prediction Not checkable as stated
Hyatt: Andrea Madho will raise capital at a big valuation
“I think somehow you're going to raise this money at some kind of big valuation, and I think you know it, because I think that's what you said, you're really good at raising money.”
Michael Hyatt Mar 3, 2025 ▶ 19:37 #75 “I Want Bro Money Too”
Mar 3, 2025 negative
What-if
Bobbi Racette says Hyatt's complex terms required a $250,000 investment, not $25,000
“And to be honest, like, if he was coming in at 200 or 250 or something like that, then I would obviously have, I would have totally educated and thought, okay, you know what, like, this is probably good. Because he's coming in as, you know, a higher investor, …”
Bobbi Racette Mar 3, 2025 ▶ 25:32 #82 A Deal Too Perfect to Pass Up
Mar 3, 2025 bullish
Prediction Held up
Michael Hyatt predicts Virtual Gurus will eventually hit $20 million in revenue
“This revenue is going to get to twenty million and getting in at two and a half. Think about it. It's one of the best VC returns you'd have.”
Michael Hyatt Mar 3, 2025 ▶ 19:28 #82 A Deal Too Perfect to Pass Up
Mar 3, 2025 bullish
Disclosure
Michael Hyatt offers to invest $25,000 to $50,000 in Virtual Gurus
“Listen I would like to invest. I think this is one of the most humble, smart, and best pitches I've seen in a long time on this show. The valuation's reasonable. I love what you're doing. Everything says that you have A huge supply of clients. But I'd be in fo…”
Michael Hyatt Mar 3, 2025 ▶ 15:16 #82 A Deal Too Perfect to Pass Up
Mar 3, 2025 bearish
Opinion
Hyatt: A $600M total addressable market is too small to matter
“That's a small market. Fifty million a month in an, in a total market, I don't know, whatever, six hundred million a year. It's too small to matter.”
Michael Hyatt Mar 3, 2025 ▶ 7:26 #85 Will Coronavirus Kill This Deal?
Mar 3, 2025 positive
Insight
Hyatt: Free platforms build valuable businesses by monetizing high-value B2B lead generation
“Whenever something's free, you're, you are the product. In other words, there are so many people, for instance, a lawyer may pay 50 dollars or a hundred dollars a lead you pass over. That's a big, chunky revenue. All these partners and services you have around…”
Michael Hyatt Mar 3, 2025 ▶ 16:18 #85 Will Coronavirus Kill This Deal?
Mar 3, 2025
Insight
Hyatt: Companies should charge referral fees for every potential client lead
“If you just send someone a potential client, they should pay you for that lead.”
Michael Hyatt Mar 3, 2025 ▶ 12:37 #85 Will Coronavirus Kill This Deal?
Mar 3, 2025 bearish
Prediction Not checkable as stated
Hyatt: Spot On Will Consume Immense Capital Scaling B2C Marketing
“But as soon as you actually start going wider and actually start putting marketing money in, one thing you're going to find about a B to C, you will drink capital marketing this business. This is going to be horrendously expensive to scale.”
Michael Hyatt Mar 3, 2025 ▶ 16:13 #87 Uber for Pets
Mar 4, 2025 negative
Disclosure
Hyatt passes because Hussain couldn't articulate the product or strategy
“I wanted to invest, but I couldn't because I just didn't feel it could articulate the whole plan, the strategy, the product, the why is there.”
Michael Hyatt Mar 4, 2025 ▶ 16:57 #97 Secret Sauce or Snake Oil?
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