Jason Lemkin
π€ SpeakerAppearances Over Time
Podcast Appearances
I need a billion dollar position.
I need a billion dollar position.
So if it's going to be worth a trillion, I can do a pretty low ownership, right?
So if it's going to be worth a trillion, I can do a pretty low ownership, right?
But you got to be worth north of 10 billion for it to even make sense to me given dilution.
But you got to be worth north of 10 billion for it to even make sense to me given dilution.
Listen, I think it's a good question.
Listen, I think it's a good question.
And I've made many, many, many, many mistakes.
And I've made many, many, many, many mistakes.
But I do think the inverse is if you see tangible reasons, it can't create a billion dollar position.
But I do think the inverse is if you see tangible reasons, it can't create a billion dollar position.
For example, the founders are very, very good, but not great.
For example, the founders are very, very good, but not great.
For example, the CTO, he's pretty good, but not like jaw dropping CTO.
For example, the CTO, he's pretty good, but not like jaw dropping CTO.
Okay.
Okay.
Not going to launch 17 simultaneous products.
Not going to launch 17 simultaneous products.