“Realistic is not the thing we're optimizing for. It's like the unrealistic things that Have some small probability of working, and you take that bet.”
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More from Ben Taft
Insight
Taft: Pre-seed startups should sell vision instead of feigning hard traction
“We're selling sizzle at the pre-seed, right? And as soon as it's like stake, it's, you know, there's something to measure, then you can start to scrutinize the business, and if you start to insinuate that there's maybe more stake than there is, then we'll star…”
Ben TaftNov 6, 2024▶ 22:22Will These VCs Bet on Her Startup? | $100K on the Line for Remynt!
Disclosure
Ben Taft offers to invest $250,000 in Party Trick
“I'm in the same boat, and if Cyan would have us and our diligence checks out, then we'd love to sneak in a quarter million into that same round.”
Ben TaftOct 16, 2024▶ 11:50Party Trick's $47M Pipeline: Can They Secure VC Funding?
PredictionNot checkable as stated
Ben Taft predicts Party Trick could quickly reach $100M in ARR
“I mean, if that's at all real to any degree, we could see her going to 10 to a hundred million in ARR and, you know, a pretty finite amount of time.”
Ben TaftOct 16, 2024▶ 14:09Party Trick's $47M Pipeline: Can They Secure VC Funding?
Disclosure
Taft: Passing on Remynt until initial debt collection milestone is proven
“Where I stand and where we stand as a fund is it would go a long way for us if you were past that first milestone because that's the furthest you can get on your own to prove that this business will work. And now you're at the obstacle where you need the money…”
Ben TaftNov 6, 2024▶ 13:16Will These VCs Bet on Her Startup? | $100K on the Line for Remynt!
Disclosure
Taft: Angels and I will invest roughly $50K into Christy's Chips
“Probably like the 50,000 dollar total range for all of us, and then we'll make a lot of introductions to a lot of the funds that can maybe take the rest.”
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