“Somebody once said to me, like, do what you love to do, and you'll never work a day in your life, and I, I've actually come up with this one, which is, do what you love, and you will work every day of your life, all the time, with no boundaries, and take things extremely personally, because you care so much.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Alexa Von Tobel
AssertionNot checkable as stated
LearnVest got millions of users spending only tens of thousands on marketing
“And Josh, we spent nothing on marketing. It wasn't like we had a million dollar a year marketing budget. We spent Tens of thousands of dollars. Nothing in the rearview mirror to build a user base of millions of users.”
Alexa Von TobelJul 24, 2024▶ 21:02"$375M Exit: The Alexa Von Tobel Startup Story Transforming Financial Literacy for Millennials!"
AssertionPartly supported
Von Tobel: 80% of Americans live paycheck to paycheck
“Right now, 80% of the country lives paycheck to paycheck, and money is your lifeline.”
Alexa Von TobelJul 24, 2024▶ 6:40"$375M Exit: The Alexa Von Tobel Startup Story Transforming Financial Literacy for Millennials!"
Insight
Von Tobel: Let the five smartest people you know shred your company
“Find the five smartest people you know, and let them shred your company. It sucks for somebody to be like, this is a terrible idea. This part sucks. This part sucks. But I think that the thing that I wish I would have told myself is like, really lean into the …”
Alexa Von TobelJul 24, 2024▶ 14:36"$375M Exit: The Alexa Von Tobel Startup Story Transforming Financial Literacy for Millennials!"
AssertionSupported
Von Tobel: LearnVest sold to Northwestern Mutual for about $375M
“We ended up selling for just about three hundred and seventy five million dollars”
Alexa Von TobelJul 24, 2024▶ 26:47"$375M Exit: The Alexa Von Tobel Startup Story Transforming Financial Literacy for Millennials!"
AssertionNot checkable as stated
LearnVest secured 50,000 signups and almost 10 Series A term sheets instantly
“By the end of the month, we had about 50,000 signups, and what was really crazy is then, all of a sudden, I had almost 10 term sheets being like, I want to commit to your Series A.”
Alexa Von TobelJul 24, 2024▶ 17:36"$375M Exit: The Alexa Von Tobel Startup Story Transforming Financial Literacy for Millennials!"
AssertionNot checkable as stated
Von Tobel: LearnVest held over $50M in cash before acquisition
“We, fifty million dollars, 50 plus million dollars of cash.”
Alexa Von TobelJul 24, 2024▶ 24:28"$375M Exit: The Alexa Von Tobel Startup Story Transforming Financial Literacy for Millennials!"
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