Dave Asprey
๐ค SpeakerAppearances Over Time
Podcast Appearances
It was valued anywhere between 500 million and a billion, depending on which bankers you listen to and things like that. And we were doing about 140 million in revenue when I was removed.
There's some things I can share and some I probably am not at liberty to discuss. But the bottom line is VCs almost always want to remove founders. I like to describe them as imagine you pick up a hitchhiker. And you can use their credit card to put gas in the tank as long as you're going where they want to go.
There's some things I can share and some I probably am not at liberty to discuss. But the bottom line is VCs almost always want to remove founders. I like to describe them as imagine you pick up a hitchhiker. And you can use their credit card to put gas in the tank as long as you're going where they want to go.
There's some things I can share and some I probably am not at liberty to discuss. But the bottom line is VCs almost always want to remove founders. I like to describe them as imagine you pick up a hitchhiker. And you can use their credit card to put gas in the tank as long as you're going where they want to go.
But as soon as you want to go a different direction, they try to stab you and steal your car. That's the model for venture capital, is it not?
But as soon as you want to go a different direction, they try to stab you and steal your car. That's the model for venture capital, is it not?
But as soon as you want to go a different direction, they try to stab you and steal your car. That's the model for venture capital, is it not?
And it wasn't even about change in direction. I had brought in a very senior operator. And to be clear, I hate running $100 million companies. It is the most torturous, boring, like, awful job I can imagine. There are people who love it. It's just for my makeup, I'm the 0-50 guy. Yeah. I can do that over and over and it brings me great joy. After that, it just becomes a slog.
And it wasn't even about change in direction. I had brought in a very senior operator. And to be clear, I hate running $100 million companies. It is the most torturous, boring, like, awful job I can imagine. There are people who love it. It's just for my makeup, I'm the 0-50 guy. Yeah. I can do that over and over and it brings me great joy. After that, it just becomes a slog.
And it wasn't even about change in direction. I had brought in a very senior operator. And to be clear, I hate running $100 million companies. It is the most torturous, boring, like, awful job I can imagine. There are people who love it. It's just for my makeup, I'm the 0-50 guy. Yeah. I can do that over and over and it brings me great joy. After that, it just becomes a slog.
What I did is I actually decided to replace myself because I don't want to do that kind of work. And I'd say I made a bad choice. And once that person was in there, things just got exceptionally hostile. They did some moves that ended up in some legal situations. And... Yeah.
What I did is I actually decided to replace myself because I don't want to do that kind of work. And I'd say I made a bad choice. And once that person was in there, things just got exceptionally hostile. They did some moves that ended up in some legal situations. And... Yeah.
What I did is I actually decided to replace myself because I don't want to do that kind of work. And I'd say I made a bad choice. And once that person was in there, things just got exceptionally hostile. They did some moves that ended up in some legal situations. And... Yeah.
I'll say I uncovered along the way that an executive, not me, was in line to get paid a very substantial amount of money if the company was sold to the right people.
I'll say I uncovered along the way that an executive, not me, was in line to get paid a very substantial amount of money if the company was sold to the right people.
I'll say I uncovered along the way that an executive, not me, was in line to get paid a very substantial amount of money if the company was sold to the right people.
For a low price. Yeah.
For a low price. Yeah.
For a low price. Yeah.
Well, in order to facilitate that, or maybe for some other reason, the company suddenly was on the verge of bankruptcy, which was surprising because when they let me go, we weren't in that situation.