“We raised money from influencers and we also gave them equity and in fact, paid them to promote in equity instead of cash”
TM
Thrive Market Nick Green
How I Built This with Guy Raz ·
Lakun Agrawal · The CFO Track · Starting part-time to 20x revenue in two years - Lakun Agrawal (Hello Clever)
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maintains a rolling 6-12-month pipeline of potential debt and equity investors, talking to them well before cash runs low
6-12 months lead time
“We raised money from influencers and we also gave them equity and in fact, paid them to promote in equity instead of cash”
“We are talking about a joint venture ... would allow us to essentially not only do one-off deals ... but potentially do a pipeline of projects with them, where there's ownership and skin in the game”
“When General Catalyst companies buy a business, they usually pay about 60% to 70% in cash. And the founder rolls about 30% equity into the new company.”
“Buying a great tax-free family home where I can value add tax-free, cash equity out tax-free, and then fundamentals. Aim for that asset to be debt-free buy when you want to retire.”
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