Disclosure certainty 4/5 debate potential 1/5

McGinnis: Ipsy is his top angel investment, followed by Bluesmart and Afiniti

Patrick McGinnis · 638: Alternative Investment Ideas, His Book Deal Included 10% Royalty, $100k Advance from Entrepreneur Patrick McGinnis · Apr 23, 2017 · at 7:52

Angel investor and author Patrick McGinnis responds to Nathan Latka asking about his highest-performing portfolio startup returns on paper.

0:00 / 0:05exact quote · 5.9s
720p mp4 · rendered on demand · StarZero watermark
“It is, although I have two that are that are close behind.”

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 Patrick McGinnis

Insight
McGinnis: Top VCs only syndicate their lesser deals to outside angels
“And my view is if Kleiner is in this deal, I mean, I I'm honored to look at it. It's really nice, but they probably are showing it to me cause it's not one of their best ones. Because if it were that great, they'd take the whole thing themselves or they'd get,…”
Patrick McGinnis Apr 23, 2017 ▶ 10:27 638: Alternative Investment Ideas, His Book Deal Included 10% Royalty, $100k Advance from Entrepreneur Patrick McGinnis
Insight
McGinnis: Freelancing Offers Flexibility but Builds Zero Wealth
“Freelancing is great in terms of flexibility, but you build zero wealth.”
Patrick McGinnis Apr 23, 2017 ▶ 19:12 638: Alternative Investment Ideas, His Book Deal Included 10% Royalty, $100k Advance from Entrepreneur Patrick McGinnis
Insight
McGinnis: Angels investing in friends must insist on strict commercial terms
“Number two, you have to make sure that you, these may be your friends, but you cut a commercial deal and you know, there's no mates rates in these kinds of things. And that it helps to have outside investors when you do these things.”
Patrick McGinnis Apr 23, 2017 ▶ 10:08 638: Alternative Investment Ideas, His Book Deal Included 10% Royalty, $100k Advance from Entrepreneur Patrick McGinnis
Assertion Supported
McGinnis: Traditional book publishers pay authors around 10% royalties
“You get around 10% at a traditional publisher.”
Patrick McGinnis Apr 23, 2017 ▶ 14:01 638: Alternative Investment Ideas, His Book Deal Included 10% Royalty, $100k Advance from Entrepreneur Patrick McGinnis
Assertion Supported
McGinnis invested in Ipsy at zero customers before it reached 1M+
“I invested when I had no customers, last report, obviously confidential now, but was at over a 150,000 sorry, over a million customers.”
Patrick McGinnis Apr 23, 2017 ▶ 3:54 638: Alternative Investment Ideas, His Book Deal Included 10% Royalty, $100k Advance from Entrepreneur Patrick McGinnis
Disclosure
McGinnis: Half of personal investment portfolio acquired via sweat equity
“So half my portfolio, I've just gotten sweat equity for those things.”
Patrick McGinnis Apr 23, 2017 ▶ 11:59 638: Alternative Investment Ideas, His Book Deal Included 10% Royalty, $100k Advance from Entrepreneur Patrick McGinnis
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.