Shortly after the economy tanked, when people lost the spring in their step and life’s soundtrack became an endless loop of O Fortuna… MJ gave a lecture.
“Your landlord doesn’t want your stock, Safeway doesn’t want your stock. They like cash.” -MJ
| 06:26 | VCs invest in you, not your business. |
| 09:38 | Customer Development Model vs Product Development Model. |
| 15:49 | Right now is an OK time to launch a tech business. |
| 21:08 | VCs almost never say “no” explicitly. Why would they? |
| 25:12 | Irrationally in investment decisions: Provide decision making tools. |
| 31:06 | Some people get murdered on the way to work. |
| 38:39 | Seduced: Rationalization of investment decisions. |
I used CastingWords.com to transcribe this video. They’re quite excellent.
angel investors, raising capital, startups, venture capital
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