“I was open to that… they lowered the overall valuation… we dropped the requirement to roll some of this back into the New Deal.”
JF
Jim Fitzgerald
Built to Sell Radio ·
How I Invest with David Weisburd · E436: Nnamdi Okike on Billionaires, Founder Psychology & the Venture Capital Bubble
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adjusted the pace of new investments (fewer deals per year) when valuations were high
“I was open to that… they lowered the overall valuation… we dropped the requirement to roll some of this back into the New Deal.”
“When you have a high valuation… you attract lots of competition… agents become detached and make mistakes”
“‘If you're able to invest on your own, it's going to cost you 1.5% per year. Invest with a financial advisor, it's going to save you 1.5% per year.’”
“What was the valuation when you first invested in 2019 at the previous job? $35 billion.”
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