Chapter
Understanding Secondary Transactions
1:05:16 - 1:16:27 (11:10)
Secondary transactions are exchanges of company shares between two individuals that are unrelated to the company. This can happen when an employee or founder sells shares to an outside individual, and the money does not end up in the company's balance sheet.
Clips
A secondary transaction is when an employee or founder of a company sells company shares to someone outside of the company, and the money from the sale does not go into the company's balance sheet.
1:05:16 - 1:09:41 (04:24)
Summary
A secondary transaction is when an employee or founder of a company sells company shares to someone outside of the company, and the money from the sale does not go into the company's balance sheet. This can happen when the company is acquired, and the technology or distribution is valued by the acquiring company, which can benefit the entrepreneur and their creation.
ChapterUnderstanding Secondary Transactions
Episode#618: Roelof Botha — Investing with the Best, Ulysses Pacts, The Magic of Founder-Problem Fit, How to Use Pre-Mortems and Pre-Parades, Learning from Crucible Moments, and Daring to Dream
PodcastThe Tim Ferriss Show
The speaker discusses facing prejudice in their life and having to constantly prove their worth to those around them.
1:09:41 - 1:12:03 (02:22)
Summary
The speaker discusses facing prejudice in their life and having to constantly prove their worth to those around them. They also reflect on the familial influence of their mother and how it may have shaped their sense of loyalty.
ChapterUnderstanding Secondary Transactions
Episode#618: Roelof Botha — Investing with the Best, Ulysses Pacts, The Magic of Founder-Problem Fit, How to Use Pre-Mortems and Pre-Parades, Learning from Crucible Moments, and Daring to Dream
PodcastThe Tim Ferriss Show
A conversation about the challenges of transitioning from high school to university and the pressure to be top of the class.
1:12:03 - 1:14:22 (02:18)
Summary
A conversation about the challenges of transitioning from high school to university and the pressure to be top of the class.
ChapterUnderstanding Secondary Transactions
Episode#618: Roelof Botha — Investing with the Best, Ulysses Pacts, The Magic of Founder-Problem Fit, How to Use Pre-Mortems and Pre-Parades, Learning from Crucible Moments, and Daring to Dream
PodcastThe Tim Ferriss Show
Kara Platoni talked about the process of raising South African silkworms and how she got into it with her kids.
1:14:22 - 1:16:27 (02:04)
Summary
Kara Platoni talked about the process of raising South African silkworms and how she got into it with her kids.