Jason Lemkin
speaker
25,747 appearances
49 recordings
3 series
first heard Aug 2022
last heard 4d ago
Jason Lemkin’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 48 in all, peaking in May 2026 with 10.
Appearances
It was just an inevitable cleanup operation because it was just so far wrong in terms of pricing.
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And it was a good outcome for everyone.
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And I and I you kind of snidely said something about the late stage guys, but I'm gonna say something.
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The great thing about the late stage business is this: if your losers give you
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A 1x, then you'll die rich.
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So iconic, I think.
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Iconic had a ton of money in that deal.
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So that's a bad deal.
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A bad deal is when they get a 1x.
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You know, if you're playing the venture game and because you're playing late and your preference gives you 1x and everything, on the worst case outcome, by definition, I mean, just using simple math, the overall distribution is net positive.
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So it's a good outcome for everybody.
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It needed to happen.
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It's now part of a liquid asset.
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I think interest I didn't know this until today, so I'm winging it a little.
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I did see some portion of the consideration rolled.
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In other words, some people said I'll take I'll take stock in vending spoons for that, which is interesting choice.
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I'll take
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Says, it's interesting if you do roll.
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It's like basically saying we couldn't do what it takes to turn this company into a cash flow positive machine.
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So I'm selling it at 2.7 times to guys who are trading at 14 times because they are tough enough to do what it takes.
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Showing 321–340 of 25,747 · page 17 of 1288
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