Chris Koerner
๐ค SpeakerAppearances Over Time
Podcast Appearances
But it's hard to define because one person might have 30 years of industry experience and context and expertise, and he can make one phone call that changes everything.
And the other person might be 18 years old and just a hustler and willing to put in 80 hours a week.
So is the level of value the same if the level of hours put into the business not the same?
It's hard.
Like it's really hard to say, hey, my one phone call made us 10 millions of dollars, tens of millions of dollars, but you've done all the work.
You're the operator.
So we should be 50-50.
They're both going to take issue with that.
The only instance I was thinking about all the business partnerships that I'm aware of.
So companies I've invested in, there's about 60 or 70 companies I've invested in.
And then businesses I started myself.
And the one time I've seen it work to split equally, the two people had known each other for a long, long time.
And they were both late in their career.
So they're like, you know, when we think about rate of development and potential, they're
Not only did they have a strong relationship, they'd known each other a long time, they'd worked together for more than five years together.
And they're sort of later in a more mature phase of their career where, you know, like the kids situations figured itself out.
Are they going to have kids or not?
And there hasn't been some of the big life disruptors that sometimes can come along and change things.
And then I can think of another example where two people knew each other.
They were very, very young.