Answered raw tape
D 5 · C 4 · P 4 · Cm 3 4.15
Q I've seen websites that say coming soon under construction. And my first thought is why should I trust you?
A Well, I have a LinkedIn page for tenacity, which has, you know, those videos from the founders and my various TV appearance, whatever. So there's plenty of content to be accessed about me, but you know, most people are like, well, you need a website for deal flow. It's like, dude, the last thing I need is more unsolicited deal flow. I mean, it's already ridiculously difficult to get to the number of times I've had to burn up a weekend, just getting back to inbox zero. It's like weeds, you know, you prune the damn garden and a week later, you're like, oh, I gotta spend a weekend on this again. You know, there are a lot of venues for people. They can go to the LinkedIn page for me. They can go to the LinkedIn page for Tenacity. They can see hundreds of interviews with me. I mean, you, I don't, I don't Google my own name, but I'm suspicious if you Google Nerison, you're going to find plenty. So you shouldn't trust me because I paid 50 bucks for some random out of a box piece of crap website that looks nice because it was designed by AI or Wix. Does that make me more trustworthy? By the way, it's sort of like, think about this. When you go into a bank, you ever seen a bank built out of wood? Oh, he's marble, big and beautiful. What does that have to do with anything? All it does is create this false sense of trust. I get it. Marketing and brand are important. But at the end of the …
AI assessment note: “So you shouldn't trust me because I paid 50 bucks for some random”
Answered raw tape
D 4 · C 4 · P 3 · Cm 3 3.60
Q Can you speak to that a little bit more in a way that founders can understand how to mitigate?
A Well, there's a, one of the key realities, there's a, there's a large incubator out there that spends, I believe, too much time, and I've funded a bunch of their companies, too much time on game theory and how to maximize your valuation. These are 10 plus your relationships when it works out. Imagine that you were dating and you decided in order to get the most Attractive in the sense of the entire package. You're smart and beautiful and wonderful and hardworking and all that stuff. Mate. And so you decide to use game theory to trick them. Now you're married. Your life sucks. Same thing. So I think that founders should spend more time at the beginning Curating and diligencing their investors. Now I get that not all founders have choice. And I was one of those. And you basically, if you have no choice and there's one offer, you pretty much know what you're going to do if you want to run your company. But given the opportunity, you want someone that you can believe will stand by you. That can be all the difference in the world. And to be fair, you should also treat your investors like partners, as long as they are partners to you. You know, I, uh, I had a company. It's not, I can't say the name, but company that went public and I was looking at my share account and I was like, this seems off. And I called the founder. He's like, that's what we have on record. Uh, now, interesting…
AI assessment note: “founders should spend more time at the beginning Curating and diligencing their investors”
