“They tend to break even in about three years. And they have useful lives at this point of about five to six years. And most of the deals we're doing are about five-year deals.”
♫
Said on The a16z Show
“50 to 100. So people are meeting 20 companies a week. Yeah. At least. And then every Monday you come for an IC and you talk about the five best? Tuesdays and Thursdays. Twice a week. We use Mondays for work. We are agile with our decision making. I think group think is terrible. We don't vote.”
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch · 20VC: David Tisch on Why High Ownership and Concentration is BS | Why No Manager Actually Wants to Stay Small | Why Competing with the Mega Platforms is a Losing Game | Why the Lean Startup is a Fake?
Play from 1:00:47
1:00:47
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
What was described
meet 50 to 100 companies a week, then every Monday discuss the five best deals and make decisions based on a partner who is personally excited about the deal
50 to 100; five best
Said nearby on the same subject
“If you go meet them in person, the deal is going to close at like three times the rate.”
NC
Nick Casali
Inside The Pipeline: B2B Sales and GTM ·
“And that's really been the beautiful thing about partnering with my aunt and my best friend is we each have slotted into the places in the company that we are, you know, best at.”
AE
Allison Evans
Generous Business Owner ·
“I just partnered with really good accountants and lawyers. And I joined the IBBA and I found the mentorship and I did seven deals. My first year, my first deal was on the same day.”
♫
Said on Business Broker Growth Show
Moments like this, every Monday
The strongest new moments on your topics, in the speakers' own words. Free for three topics.
No card. No password. One-click unsubscribe.
Track a competitor?
Pro watches up to 25 names or phrases and emails you the morning after they are said.
See Pro, $29 a monthVerbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.