Founders on what worked, what failed and what it cost. The 12 strongest moments from named speakers, word for word, each playable from the second it was said. Updated .
“Founders come in, we're like, look, you are a success for us if you sell for at least 10x what we value you at.”
“We chose not to use operating partners because we don't want to micromanage the founder.”
“The regulators regulate before they innovate... you can't do this... you can't run startups in a limited market where there's a lot of rules.”
“No funding to start with. And do you look back and say that was great because we bootstrapped it? We kept it small until we'd proved the model”
“Active listening and answering questions directly is something that surprisingly like a lot of founders struggle with”
“We partnered with a specialist in the space and we interviewed thousands of Australians, both prospective investors and existing investors.”
“There was already a WhatsApp group chat of investors that had like 40 investors at the time. They were sharing tips about like realtors, property managers, contractors, and stuff like that.”
“Momentum in your fund is the momentum in the stock times the weight in the fund”
“You would just, if I had five different funds, five different equity funds, I just take my top 10 or 20 holdings, rank all of them and see what the overlap is”
“If you have not maxed out your IRA and 401k, you can do that. With every raise, aim to increase your savings rate.”
“I want to hear where do you need help, what are the challenges, so I know I have an intelligent investor.”
“Raising $15 million in four weeks to buy a load of Starlink equipment coming into Australia”
Summaries smooth out the specifics: the number, the caveat, the thing that went wrong. A short quote with the moment attached keeps them, and lets you hear the tone. Quotes are short extracts linked to the publisher’s episode. How we quote.