I admire is grit. The bit about not selling 400k for a house is BS. F* off to the board member. There's another investor in the market. Also, to me that means that investor isnt a believer in the founder or business prospect, so why is he still there? Also, the bit about showing up with foot and mouth disease is wild. Really, your business cant run without you for 1 week? I challenge that assumption. I understand how it might feel, but step back. Health is the only thing you have.
This is a load of rubbish. A $1 billion exit will return many funds. Perhaps it won’t return the top five funds. Of course it won’t but 95% of venture funds are not these five.
Depends entirely on entry price, but the key point here: about 60-70% of individual VC funds raised are under $100 million, so a $1b exit will likely return the majority of those funds. If that wasn't the case, the math for VC literally wouldn't make any sense.
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Add time stamps brother
Add time stamps brother, so that we can understand what sections does the video have ok.
Hope got my point
@@lankesubramanyam3284 Check again brother
He’s a real guy. I’m an instant fan of zachary. This is one of the best interviews.
This guy is amazing very good orator ❤
I admire is grit. The bit about not selling 400k for a house is BS. F* off to the board member. There's another investor in the market. Also, to me that means that investor isnt a believer in the founder or business prospect, so why is he still there? Also, the bit about showing up with foot and mouth disease is wild. Really, your business cant run without you for 1 week? I challenge that assumption. I understand how it might feel, but step back. Health is the only thing you have.
Great interview. I appreciate the candid exchange.
This is a load of rubbish. A $1 billion exit will return many funds. Perhaps it won’t return the top five funds. Of course it won’t but 95% of venture funds are not these five.
$1b exits can be fund returners for
Depends entirely on entry price, but the key point here: about 60-70% of individual VC funds raised are under $100 million, so a $1b exit will likely return the majority of those funds. If that wasn't the case, the math for VC literally wouldn't make any sense.
Great interview!
1st commenter