equity

“Actually in the world, other than celebrities and movie stars, no one is able to become really wealthy by taking a salary. The only way to get wealthy or to build wealth is to actually trade your salary for equity.”

“I actually think your best case scenario is doing that third thing, because I gotta tell you, if you are spending the kind of time that most founders spend when they're founding a business, you are talking to your spouse, you are getting ideas from your spouse…”

“Investors are coming in and they're putting good money in. You can't be pulling out too big a chunk of your equity because They want that skin in the game.”

“Equity in, in startup land for your little dinky web you know, startup and whatnot, even if you raise fifty million or whatever it is, is a lottery ticket. You're going to win or you're going to lose. You're 99.999999% going to lose. It's worth less than toile…”

“These people, you're going to give them a teeny, teeny, little, teeny sliver of equity that's going to vest month over month for a short period of time, and these people are going to achieve these really important milestones for your company so that you can ge…”

“It's only 14% of the population. They have 90 plus percent of all of the equity and all of the board seats.”

“Somebody who can do the systems, like there's a lot of people out there who would do that. They're usually not, they don't always have to be an equity person in your business. And oftentimes making them an equity person in your business is a mistake because th…”

“Well, I think venture debt. Or any sort of debt works really well when you figured out your unit economics around customer acquisition. If you haven't necessarily figured out your unit economics around customer acquisition, I think it can be a bit daunting for…”