bootstrapper

4 ms·

1. 1.▲
   by bootstrapper 19y ago

   Trading equity only makes sense in terms of my goals. The founders own 90% of this company. We're not trading equity unless the math makes sense. If your math says it makes sense when it doesn't, your math is wrong (specifically, money has
2. 2.▲
   by bootstrapper 19y ago

   I don't see how I have misunderstood you, eg: "The reason Sequoia is such a good deal is that the percentage of the company they take is artificially low. They don't even try to get market price for their investment; they limit their holdi
3. 3.▲
   by bootstrapper 19y ago

   I am thoroughly fed-up hearing this self-serving tripe from investors. If all I am looking for is financial independence (say $3M), why would I trade an 80% probability of success for a 5% probability of achieving 100 times that by selling