TOP FACTS ABOUT
I work for an LA-based venture studio – Make it Studio
Made first business selling big-bags, not tech
Host a podcast on fundraising – Fundraising Radio
I'm 20 years old
Just got the wire from our anchor LP for the first US-based fund of Make Studios, our fund is officially live! For those who don't know what we are looking to invest in, here is our criteria:
After running more than 200 interviews I just got interviewed myself by HumanIPO:)
Here is the link to the record:
A little update on the podcast - recently it hit over 4,000 followers (organically!!) and right after I hit that number I've also hit another major milestone - 100 episodes! Also, the official website of Fundraising Radio went up: fundraisingradio.com
Re: @Michael Steinberg's questions (previous post) about the next big venture. After having over 30 calls with investors we've changed our approach to this and decided to syndicate on the deal-by-deal basis and things are going great there so far! Hope there will be a new update on this topic soon where I'll share some good news with you.
Q: Do you think your time is worth $100?
A: First of all, great question, thanks for asking. And no, of course my time isn’t $100/hour, in fact that 4X more than my current salary. It’s not about how much am I getting paid now, it’s about how much will I get paid in a few years. Also the normal P/E ratio even in the corporate world is 10X. Study econ, jeez. Next question please.
Q: why should I invest in you?
A: That’s simple. In the past 4 years I have shown continuous growth and that growth is rapidly accelerating now. Now is the right time to jump on board and also I need funding to accelerate that growth even further.
Q: How does this work?
A: In case if you still didn’t understand this - HumanIPO is just like a stock market, but for humans and it also doesn’t give you any voting rights (luckily). You can buy an X amount of my time and in, let’s say, 5 years, once I become Mark Zuckerberg 2.0 you can sell it for 1000X return or redeem it to hire me for a few hours that you bought earlier.
Q: Can you give me some advice on how to raise money for my startup?
A: Sorry, you’ve already spent too much of my time asking those questions, so you have to buy more to ask anything else. Good bye.
But seriously, if you have any other questions - just comment under this post and I’ll answer them.
My Fundraising Radio listeners you are following my podcast, so it would be reasonable to follow me here as well, right?
Everyone else - feel free to follow me here as well, but don't forget to follow my podcast too:)