Alex Rampell

I'm just going to sit here and just like, all right, well, I have more money.

My ARR is more driven from the interest on my giant $100 million cash reserve.

Sorry for rambling on this, but this kind of goes to founder capital fit.

There's a certain type of person where it's like, I give you a lot of money.

And I know you're still going to make decisions very, very quickly.

I know it isn't going to distract you.

And really, it's just benefiting me.

I hate to say it selfishly, but it's benefiting me in that now I'm on the cap table.

I own part of this amazing company.

And it's not going to fuck up the company.

The moral hazard is the number one thing.

It's like now it's going to fuck up the company either with too much primary or it's like, oh, I know.

I won't mess with the primary.

I'll just buy secondary.

It's like that also has existential risk, as I mentioned, for a certain class of person.

There are other CEOs that like, you know, one of my CEOs did a very, very big secondary in 2021.

Like he and the company is hit on some tough times, but like he has stuck it out and like he's doing a phenomenal job.

I think it's the same math, but it's dangerous on both sides.

I always have this speech that works maybe one time out of 100 that I give it, which is kind of like the Spider-Man speech of with great capital comes great responsibility.

And if you raise it too high of a price, you're fucked.