Hussein Kanji
👤 PersonAppearances Over Time
Podcast Appearances
And it's not even just a company. Like, who's the buyer? What's the division? Who's the person? Who's going to be that protagonist?
And it's not even just a company. Like, who's the buyer? What's the division? Who's the person? Who's going to be that protagonist?
And it's not even just a company. Like, who's the buyer? What's the division? Who's the person? Who's going to be that protagonist?
So we don't do that from an investment perspective, but we do it once we're actually involved in the company. So like the nice thing about being a seed investor is these companies have a little bit of life, 12 to 18 months before they have to worry about kind of this crisis mode. But then at that point we start building in this resilience.
So we don't do that from an investment perspective, but we do it once we're actually involved in the company. So like the nice thing about being a seed investor is these companies have a little bit of life, 12 to 18 months before they have to worry about kind of this crisis mode. But then at that point we start building in this resilience.
So we don't do that from an investment perspective, but we do it once we're actually involved in the company. So like the nice thing about being a seed investor is these companies have a little bit of life, 12 to 18 months before they have to worry about kind of this crisis mode. But then at that point we start building in this resilience.
Fund one was a bear. Fund one was 39 months to get going. Like three, nine, like over three years. You mentally think at 24 months. Did you have an anchor? No. We had a lot of friends. We had two buckets of people. We went to American people, mostly individuals. We were like, we don't really understand this Europe thing. It doesn't make any sense to us.
Fund one was a bear. Fund one was 39 months to get going. Like three, nine, like over three years. You mentally think at 24 months. Did you have an anchor? No. We had a lot of friends. We had two buckets of people. We went to American people, mostly individuals. We were like, we don't really understand this Europe thing. It doesn't make any sense to us.
Fund one was a bear. Fund one was 39 months to get going. Like three, nine, like over three years. You mentally think at 24 months. Did you have an anchor? No. We had a lot of friends. We had two buckets of people. We went to American people, mostly individuals. We were like, we don't really understand this Europe thing. It doesn't make any sense to us.
We don't understand why you want to be in Europe. But we like you. We'll write you a small enough ticket, which turns out to be a decent-sized ticket, but a small enough ticket where if you lose all this money, and we're mentally prepared that you're going to lose all this money, we'll still invite you around for dinner every once in a while. So that was our merit.
We don't understand why you want to be in Europe. But we like you. We'll write you a small enough ticket, which turns out to be a decent-sized ticket, but a small enough ticket where if you lose all this money, and we're mentally prepared that you're going to lose all this money, we'll still invite you around for dinner every once in a while. So that was our merit.
We don't understand why you want to be in Europe. But we like you. We'll write you a small enough ticket, which turns out to be a decent-sized ticket, but a small enough ticket where if you lose all this money, and we're mentally prepared that you're going to lose all this money, we'll still invite you around for dinner every once in a while. So that was our merit.
And we got to about 8 million on the basis of that. And then we had a lot more to go. We had to get to at least 25 for the first one to make it viable.
And we got to about 8 million on the basis of that. And then we had a lot more to go. We had to get to at least 25 for the first one to make it viable.
And we got to about 8 million on the basis of that. And then we had a lot more to go. We had to get to at least 25 for the first one to make it viable.
And then it was like a grind for like the next, like two, two and a half. The early money was easy and it was like two, two and a half years. And then finally we got, we found the family who believed, who then ended up writing a check to us. And then about a couple of years later, they wrote a check to Isomer.
And then it was like a grind for like the next, like two, two and a half. The early money was easy and it was like two, two and a half years. And then finally we got, we found the family who believed, who then ended up writing a check to us. And then about a couple of years later, they wrote a check to Isomer.
And then it was like a grind for like the next, like two, two and a half. The early money was easy and it was like two, two and a half years. And then finally we got, we found the family who believed, who then ended up writing a check to us. And then about a couple of years later, they wrote a check to Isomer.
No, sorry, 15, 15 out of 15. And they split it between 10 for Isomer and five for us. I have five from the family, 10 from them.
No, sorry, 15, 15 out of 15. And they split it between 10 for Isomer and five for us. I have five from the family, 10 from them.