“I have a tough time believing the 200 bucks. That's a lot of money for a vending machine.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
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More from Michael Hyatt
PredictionNot checkable as stated
Hyatt: AI prediction engines will eventually make human user research obsolete
“I think I could invest in your company, and I think for the next two, three years, you can make some money, but I don't think you're going to be right for long, because I believe we have to wipe out all the people, and you have to make a prediction engine that…”
Michael HyattMar 3, 2025▶ 9:29#66 Does Anyone Really Want Your Product?
PredictionNot 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 HyattMar 3, 2025▶ 15:51#73 Enough Sales Calls Already!
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 HyattMar 3, 2025▶ 23:15#63 Can A Startup Solve Homelessness?
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 HyattMar 3, 2025▶ 8:59#59 Disrupting Work Happy Hour
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 HyattMar 3, 2025▶ 15:37#57 Where Losers Go To Win
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 HyattMar 3, 2025▶ 19:10#34 Can Storytime Become Big Business?
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