“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 ·
Giuseppe Balzano · Buyers and Builders · He's 30, Raised $25 Million, and Bought Two Boring Businesses | Giuseppe Balzano Interview
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Only raise capital once (25 M) and avoid further equity raises, preferring patience and snowball effect of cash flow
25 M raised, 25 M dry powder, aim to not raise more equity
“We raised money from influencers and we also gave them equity and in fact, paid them to promote in equity instead of cash”
“Property manager raises rent every quarter… if you can predict when those rent increases are going to happen, then that can help also with your pro forma and cash flow.”
“We raised about $300 billion from our D-SPAC, but we've raised another $3 billion capital in the last two years”
“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.”
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