“You don't actually expect it to finish. You expect it to get about 75% of the way there. And then that is actually success”
♫
Said on The InfoQ Podcast
“When you’re starting a business… you have to expect that, if you’re lucky, two to five people out of 100 will invest.”
How I Built This with Guy Raz · 10 Years of How I Built This: A Decade of Innovation, Risk and Reinvention
Play from 46:35
46:35
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What was described
stated that when raising money you should expect 2-5 investors out of 100 to actually invest (≈5% success rate)
2-5 out of 100; 5%
Said nearby on the same subject
“If you have not maxed out your IRA and 401k, you can do that. With every raise, aim to increase your savings rate.”
RB
Robert Brokamp
Rule Breaker Investing ·
“These software investments are largely dead money, meaning investors are never going to see any return.”
SE
Steve Eisman
The Real Eisman Playbook ·
“It has $365 billion of cash that's mainly invested in short-term treasuries… the Fed essentially gave Berkshire a billion-dollar raise by raising rates.”
♫
Said on Motley Fool Hidden Gems Investing
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