Opinion
Diamond: Hershberg's 20% equity versus PE's 80% is egregious
“You only own 20% of the company. Meanwhile, the original partners of the brewery own 80% of the company. It's our opinion that, like, fundamentally those numbers are a bit egregious, and we think, like, they literally should be swapped.”
Prediction Not checkable as stated
Howie Diamond: Teamable could be a $500M to $1B exit
“Like, I do think it's overvalued, but I do think that this could be one of those opportunities where it's like a half a billion to a billion dollar exit, if not more, based on your hustle, based on, you know, all the things that you've said, based on your attr…”
Disclosure
Diamond: Alpha Bridge is earmarking $1M for founder wellness platform
“So we're earmarking a million dollars from the fund we justify because we feel like we're gonna get into the best deals based on this program.”
Prediction Not checkable as stated
Howie Diamond: Outlines won't achieve mainstream adoption due to high prices
“I don't see the mainstream adoption for this product because the price is way too high and way too premium for me to
To get involved in this because I just think it's going to be a very, very small select people who care about the environmental impacts to get …”
Prediction Didn’t hold up
Howie Diamond: Ride iQ will take our money in 18 months
“They'll take our money in a year and a half from now. ... They will. Trust me.”
What-if
Diamond: Sudden Coffee should have used crowdfunding to avoid massive dilution
“I mean, you could have probably launched a crowdfunding campaign, come back around and raise money at a much higher valuation, but you know, you're, cause like right now you're deluding yourself by like, you're giving up like half the company.”
Opinion
Diamond: Blockchain is a paradigm shift comparable to mobile and cloud
“But I think the blockchain is a paradigm shift. I mean, there is the mobile computing paradigm shift. There was the cloud computing paradigm shift. I think the blockchain is a new paradigm shift.”
Prediction Not checkable as stated
Diamond: Atomos Will Either Go to Zero or Reach $20 Billion
“This is a company that will go to zero or it'll be a 20, twenty billion dollar company.”
Opinion
Diamond: Playven cannot successfully do both SaaS and a marketplace
“You're doing two things, and I don't think you can do both.”
Opinion
Diamond: Valuation cap differences between $10M and $15M do not matter
“At the end of the day, it's actually not going to matter in terms of whether it's 1011, 12, or 15. It's actually not going to matter.”
What-if
Diamond: Sudden Coffee surrendered too much equity instead of crowdfunding
“I mean, you could have probably launched a crowdfunding campaign, come back around and raise money at a much higher valuation, but you know, you're, cause like right now you're deluding yourself by like, you're giving up like half the company.”
Insight
Diamond: Customer LOIs are meaningless without signed contracts
“Like, to me, LOIs are, I mean, those are, that's bullshit.”
Insight
Diamond: Bridge Rounds Include High-Performing Outliers, Not Just Distressed Startups
“There was a negative stigma attached to the term bridge, and now people are calling it post seed, seed extension, whatever. C two. There are companies that are in these bridge rounds that are distressed companies that are looking for an influx of capital to he…”
Assertion Not checkable as stated
Diamond: Our Post-Seed Cohort Delivered 2X to 2.5X Markups in 12 Months
“And we started seeing this crazy performance From this particular cohort of companies that we were investing in, anywhere from like, two X to 2.5 X over the course of 12 months from when we invested to Series A.”
Disclosure
Diamond: Alpha Bridge will not invest in seed rounds
“We start building the relationship in the seed. We won't invest, but we'll start building rapport with the founder.”
Prediction Open · timeframe Mar 2035
Diamond: In 5 to 10 years everyone will own in-home VR
“Just like you have a video game console, you have a at home entertainment console, everyone's going to have a VR in their homes, a VR headset. But I think we're a ways away from that. You know, I think we're like five or 10 years away from that, lowering that …”
Opinion
Diamond: iMirror Features Can Easily Be Done on an iPad
“Everything you described can happen on an iPad, but you're focused, you're saying that it should happen in a, on a mirror, on a wall. Yeah. That's not convincing to me.”
Opinion
Diamond: Outlines won't reach mainstream adoption due to its premium pricing
“I don't see the mainstream adoption for this product because the price is way too high and way too premium for me to get involved in this because I just think it's going to be a very, very small select people who care about the environmental impacts to get ove…”
Prediction Didn’t hold up
Howie Diamond predicts Ride IQ will take his money in 18 months
“They'll take our money in a year and a half from now.”
Opinion
Howie Diamond argues Ride IQ warrants a $6M valuation due to slow growth
“Their margins are great, their growth is not. So like six, between six and seven makes sense.”
Insight
Diamond: High Engagement Rivals Pinterest Even Without Direct Purchase Conversion
“I don't even care so much about the conversion into an actual purchase, but if, like Pinterest, there's people who go on there every day four times a day and never purchase anything, but that engagement is really powerful.”
Opinion
Diamond: Raising $3M at $10M to $15M Valuation Will Be Tough
“I think it's going to be difficult to raise three million dollars. I mean, not impossible. I mean, I've seen crazier things happen, but in this market environment, based on where you are raising three on a 10 or 15 is going to be tough.”
What-if
Diamond Would Have Invested If Locker Raised $1M at $6M-$7M Cap
“If she came in and was like, I'm raising a million on six or seven million cap, and we are going to get to half a million users, and here's how we're going to do it, and she had that conviction, I would be more inclined.”
Opinion
Diamond: Boxing as a sport has hit a low point
“Boxing actually, as a sport, has also hit a low.”
