“…we've allocated $200,000 for the bathrooms… we've allocated $150,000 for the kitchens… you can pull back on there and put a bit extra in there.”
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Said on this is property
“The difference in our model is I can't build a portfolio of like 12 or 14 companies because I've got to focus on one or two at a time. So that means the allocation of capital decision is as important as the allocation of time.”
The Founder Mindset with Reza Satchu · Working With Elon Musk: How Jon McNeill Built Six Startups and Helped Scale Tesla
Play from 47:09
47:09
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What was described
Allocate capital and time to only one or two companies at a time, treating the allocation decision as critical
Said nearby on the same subject
“I capitalized it with a combination of my own personal capital, some family capital, as well as some other institutional relationships that I had known for a long period of time.”
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Said on Capital Allocators - Inside the Institutional Investment Industry
“Expedia is allocating at least 20% of its tech personnel as AI champions to trial, test, and experiment with new tools.”
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Said on Leveraging AI
“One question I like to ask myself is, is this decision a one-way door decision or a two-way door decision? It's a framework that was popularized by Jeff Bezos, but has been used many times in especially the business world.”
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Said on Worklife with Molly Graham
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