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Eric Stauffers

๐Ÿ‘ค Speaker
56 total appearances

Appearances Over Time

Podcast Appearances

The Game with Alex Hormozi
Q&A. Growth Is Just Constraint Removal | Ep 991

So for this company, I seeded it, Angel Seed, and then Series A, we're on a Series B right now.

The Game with Alex Hormozi
Q&A. Growth Is Just Constraint Removal | Ep 991

That's about my level of expertise.

The Game with Alex Hormozi
Q&A. Growth Is Just Constraint Removal | Ep 991

But when we really need to get out to scale, we're going to have to get a lot more money.

The Game with Alex Hormozi
Q&A. Growth Is Just Constraint Removal | Ep 991

And I'm noticing and starting developing these relationships that it's a much different conversation when you start asking for $100 million versus $5 or $10.

The Game with Alex Hormozi
Q&A. Growth Is Just Constraint Removal | Ep 991

So I guess my question gets down to what would be a good suggestion knowing that I don't want to leave the company and get kicked out yet?

The Game with Alex Hormozi
Q&A. Growth Is Just Constraint Removal | Ep 991

Okay, I have some Yeah, team members also.

The Game with Alex Hormozi
Q&A. Growth Is Just Constraint Removal | Ep 991

Okay, key players.

The Game with Alex Hormozi
Q&A. Growth Is Just Constraint Removal | Ep 991

Yeah, chief medical officer, stuff like that.

The Game with Alex Hormozi
Q&A. Growth Is Just Constraint Removal | Ep 991

Yeah, a little bit of that, because really, we have a lot of technology that hasn't, it's been proven in our clinic, and it's ready to basically scale if I could get the money for the manufacturing to build the extra laboratories.

The Game with Alex Hormozi
Q&A. Growth Is Just Constraint Removal | Ep 991

And so I don't want the valuation to be squeezed so much that it squeezes me right out of a power position.

The Game with Alex Hormozi
Q&A. Growth Is Just Constraint Removal | Ep 991

Yeah, that's the issue.

The Game with Alex Hormozi
Q&A. Growth Is Just Constraint Removal | Ep 991

Yeah, the people we have right now are like that.

The Game with Alex Hormozi
Q&A. Growth Is Just Constraint Removal | Ep 991

We have some professional athletes and celebrities.

The Game with Alex Hormozi
Q&A. Growth Is Just Constraint Removal | Ep 991

A lot of people that were like really good patients of ours.

The Game with Alex Hormozi
Q&A. Growth Is Just Constraint Removal | Ep 991

Yeah, and then they wrote us checks.

The Game with Alex Hormozi
Q&A. Growth Is Just Constraint Removal | Ep 991

But they're not really big funding partners.

The Game with Alex Hormozi
Q&A. Growth Is Just Constraint Removal | Ep 991

How much cash do you need to finish this round?

The Game with Alex Hormozi
Q&A. Growth Is Just Constraint Removal | Ep 991

Five million.

The Game with Alex Hormozi
Q&A. Growth Is Just Constraint Removal | Ep 991

But we want to go out and raise one hundred and twenty six.

The Game with Alex Hormozi
Q&A. Growth Is Just Constraint Removal | Ep 991

OK.