David Schneider

How much ownership do you need to be in that position? It's got to be worth your time. It's got to be worth my time.

So you're wanting 10% ownership?

So you're wanting 10% ownership?

So you're wanting 10% ownership?

How do you think about upside then? When you think about what is good enough and what you need it to be to be attractive enough? I'm sorry for asking because in really early stage problems, we talk about ownerships as kind of the core focus. And so for you, I totally get it in terms of kind of dollars invested as the core focus. But what is that upside requirement then? Is it a 5x, 10x?

How do you think about upside then? When you think about what is good enough and what you need it to be to be attractive enough? I'm sorry for asking because in really early stage problems, we talk about ownerships as kind of the core focus. And so for you, I totally get it in terms of kind of dollars invested as the core focus. But what is that upside requirement then? Is it a 5x, 10x?

How do you think about upside then? When you think about what is good enough and what you need it to be to be attractive enough? I'm sorry for asking because in really early stage problems, we talk about ownerships as kind of the core focus. And so for you, I totally get it in terms of kind of dollars invested as the core focus. But what is that upside requirement then? Is it a 5x, 10x?

How do you think about concentration across rounds? When you think about reserves today, how do you think about that? Is it a kind of one and done? We like to put 75 in or is it continuous across rounds?

How do you think about concentration across rounds? When you think about reserves today, how do you think about that? Is it a kind of one and done? We like to put 75 in or is it continuous across rounds?

How do you think about concentration across rounds? When you think about reserves today, how do you think about that? Is it a kind of one and done? We like to put 75 in or is it continuous across rounds?

How quickly do you think you know it's a good investment? I take the view that actually you know in three to six months.

How quickly do you think you know it's a good investment? I take the view that actually you know in three to six months.

How quickly do you think you know it's a good investment? I take the view that actually you know in three to six months.

Jason Lampkin, who's a friend of mine, I'm sure you know him from kind of the SaaS ecosystem. He always says, he says, actually, I've stopped giving feedback. I don't give feedback. Maybe the nicest founders will say thank you and then not listen, but everyone else just says, bluntly, go away. And feedback is not appreciated. To what extent do you agree with that or disagree?

Jason Lampkin, who's a friend of mine, I'm sure you know him from kind of the SaaS ecosystem. He always says, he says, actually, I've stopped giving feedback. I don't give feedback. Maybe the nicest founders will say thank you and then not listen, but everyone else just says, bluntly, go away. And feedback is not appreciated. To what extent do you agree with that or disagree?

Jason Lampkin, who's a friend of mine, I'm sure you know him from kind of the SaaS ecosystem. He always says, he says, actually, I've stopped giving feedback. I don't give feedback. Maybe the nicest founders will say thank you and then not listen, but everyone else just says, bluntly, go away. And feedback is not appreciated. To what extent do you agree with that or disagree?

Well, let's start with when you decide not to make an investment.

Well, let's start with when you decide not to make an investment.

Well, let's start with when you decide not to make an investment.

for that size check. It's the hardest thing. I'm by no means the OG that you are, but I have zero time. I'm just like, no.