Chris Camillo

Well, so I think a better way to think about it is that something that we all can relate to is the idea of starting a company, right? We all want to be entrepreneurs. Most of us, in the back of our head, it would be cool to own your own company. Whatever that company is, right? It never used to be like that. But over the last 20 years, now we all kind of think like that.

Well, so I think a better way to think about it is that something that we all can relate to is the idea of starting a company, right? We all want to be entrepreneurs. Most of us, in the back of our head, it would be cool to own your own company. Whatever that company is, right? It never used to be like that. But over the last 20 years, now we all kind of think like that.

I don't care if you're a celebrity, if you're a homemaker, there's a company out there that you would like to start and own or the idea of being an entrepreneur. Well, that's half of my life, right? I'm an entrepreneur. I've been in startups my entire career. I've started a multitude of companies, have sold them.

I don't care if you're a celebrity, if you're a homemaker, there's a company out there that you would like to start and own or the idea of being an entrepreneur. Well, that's half of my life, right? I'm an entrepreneur. I've been in startups my entire career. I've started a multitude of companies, have sold them.

I've had a few big successes in that world, and I've had an insane number of failures in that world, both as an operator and as an investor in private companies. That is exceptionally hard. That is exceptionally risky. You could try to do that and chances are you will go your entire life and do nothing but fail, okay? How many companies have you invested in? I'm invested in about 150.

I've had a few big successes in that world, and I've had an insane number of failures in that world, both as an operator and as an investor in private companies. That is exceptionally hard. That is exceptionally risky. You could try to do that and chances are you will go your entire life and do nothing but fail, okay? How many companies have you invested in? I'm invested in about 150.

Private companies, not- Private companies.

Private companies, not- Private companies.

Private, yes. Meaning each of those companies, I probably have met the founder have done a massive amount of due diligence on the space and the sector. It's been a huge part of my life, quite honestly.

Private, yes. Meaning each of those companies, I probably have met the founder have done a massive amount of due diligence on the space and the sector. It's been a huge part of my life, quite honestly.

Almost all of them. That's crazy, isn't it?

Almost all of them. That's crazy, isn't it?

Yeah, because you're investing in an early stage company that has a tremendous amount of... You're investing in an idea and the person.

Yeah, because you're investing in an early stage company that has a tremendous amount of... You're investing in an idea and the person.

Yeah. So that's where it gets risky. That's where you could make a case that maybe you should do that. And maybe you should just never do that. Right. I would say for most people, it's insane to go out and start your own company ever. And I've done it. I've done it multiple times. Why is it insane to start your own company? Because you're almost definitely going to fail.

Yeah. So that's where it gets risky. That's where you could make a case that maybe you should do that. And maybe you should just never do that. Right. I would say for most people, it's insane to go out and start your own company ever. And I've done it. I've done it multiple times. Why is it insane to start your own company? Because you're almost definitely going to fail.

Like when I said 75%, that's 75% of my portfolio that were deeply vetted and I'm pretty good at doing what I do. Almost all companies will just fail. If you go to start a company, it's almost definitely you're going to fail.

Like when I said 75%, that's 75% of my portfolio that were deeply vetted and I'm pretty good at doing what I do. Almost all companies will just fail. If you go to start a company, it's almost definitely you're going to fail.

There are a near infinite number of ways for a founder to fail. Now, put that aside. Being an investor, just generally being an investor, investing in stocks, investing in the market, this is what's so wild. you could actually go out and invest in the smartest people in the world.

There are a near infinite number of ways for a founder to fail. Now, put that aside. Being an investor, just generally being an investor, investing in stocks, investing in the market, this is what's so wild. you could actually go out and invest in the smartest people in the world.