Chapter
The Power of Holding Shares in Successful Startups
1:21:56 - 1:28:55 (06:59)
Investor and entrepreneur, Chris Sacca, emphasizes the benefits of holding shares in successful startups in perpetuity rather than trying to time the market. He argues that this aligns with the goal of entrepreneurs and allows for maximum growth over time.
Clips
Many successful companies, such as Hotmail and Skype, were originally regarded as bad investment opportunities by venture capitalists, who either turned down investment opportunities or sold their stake in the company.
1:21:56 - 1:24:19 (02:22)
Summary
Many successful companies, such as Hotmail and Skype, were originally regarded as bad investment opportunities by venture capitalists, who either turned down investment opportunities or sold their stake in the company. Even after successful investments, some investors demanded their money back due to disagreements with founders.
ChapterThe Power of Holding Shares in Successful Startups
Episode#317: Steve Jurvetson — The Midas Touch and Mind-Bending Futures
PodcastThe Tim Ferriss Show
This podcast discusses how holding shares over time can be beneficial instead of making sales decisions, especially in the context of investing in start-ups by entrepreneurs.
1:24:19 - 1:28:55 (04:35)
Summary
This podcast discusses how holding shares over time can be beneficial instead of making sales decisions, especially in the context of investing in start-ups by entrepreneurs. The speaker explains that holding on to shares can help in compounding potential, thereby becoming more profitable, and he shares insights about these power laws of investing.