“We give out a rake to these people and a cash award... people that save TPUs, that optimize, make them more.”
JW
Josh Woodward
Lenny's Podcast: Product | Career | Growth ·
True Wealth: money & business podcast · The $100m mindset they all hated me for - Solidcore's Anne Mahlum
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chooses to pay for experiences or services people need rather than giving cash, because cash often gets saved and not used for growth
“We give out a rake to these people and a cash award... people that save TPUs, that optimize, make them more.”
“The typical interest rate on a savings account is so low you need a magnifying glass; cash in a whole life policy grows guaranteed and pays dividends.”
“Important not to give equity to someone just because you can’t afford to pay them… cash is temporary, equity is forever”
“I might give a quarter million in cash and a quarter million in stock for services.”
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