John Nunemaker

Yeah, it was not hallucinating, unfortunately.

Yeah, it was not hallucinating, unfortunately.

Yeah, that's definitely true. I mean, I feel like even BoxOut before that, that was kind of, let's say that's the first investment. I mean, I worked there, so it doesn't really count. I don't know if that counts as an investment, but I bought in. I didn't like join and then it wasn't like work equity. It wasn't stuff like that. I bought in for like 25% of it.

Yeah, that's definitely true. I mean, I feel like even BoxOut before that, that was kind of, let's say that's the first investment. I mean, I worked there, so it doesn't really count. I don't know if that counts as an investment, but I bought in. I didn't like join and then it wasn't like work equity. It wasn't stuff like that. I bought in for like 25% of it.

And then I've additionally worked there as well. And so I kind of saw like from there, I think I saw a little bit of like you can... I've got this post on my website that's like cushion versus flow. And it's this idea of like, you have like, you can have like a cushion, which is like, you know, cash cushion, or you can have cash flow and you can use them interchangeably to create the other.

And then I've additionally worked there as well. And so I kind of saw like from there, I think I saw a little bit of like you can... I've got this post on my website that's like cushion versus flow. And it's this idea of like, you have like, you can have like a cushion, which is like, you know, cash cushion, or you can have cash flow and you can use them interchangeably to create the other.

And so it's just like at any given time, you have to kind of choose between which one, like, do you need a little bit more cushion? Then you can take your cash flow and you can save some of that and you can build up a cushion or vice versa. And so Boxo was kind of the first one where I was like, okay, I have a little bit of a cushion from GitHub. Like I'm not going to stop working.

And so it's just like at any given time, you have to kind of choose between which one, like, do you need a little bit more cushion? Then you can take your cash flow and you can save some of that and you can build up a cushion or vice versa. And so Boxo was kind of the first one where I was like, okay, I have a little bit of a cushion from GitHub. Like I'm not going to stop working.

I have like a six month old and a three and a half year old. I'm going to be at a desk for a while. And so I was like, what am I going to do? And I had some friends already that were doing it. They were doing well. They could use help. And so it just kind of made sense to buy in and do that. And then doing that, we're getting about the size where we're on, let's say, private equity radar.

I have like a six month old and a three and a half year old. I'm going to be at a desk for a while. And so I was like, what am I going to do? And I had some friends already that were doing it. They were doing well. They could use help. And so it just kind of made sense to buy in and do that. And then doing that, we're getting about the size where we're on, let's say, private equity radar.

I don't know how. they know, they just like sniff it out and they can tell. And so they're like, Oh, you must have, you know, X million in revenue. Like we'd like to get to know each other. Are you up for, you know, coffee in the Bay area? And I'm like, no, not in the Bay area, but, but I've done a lot of interactions and stuff like that.

I don't know how. they know, they just like sniff it out and they can tell. And so they're like, Oh, you must have, you know, X million in revenue. Like we'd like to get to know each other. Are you up for, you know, coffee in the Bay area? And I'm like, no, not in the Bay area, but, but I've done a lot of interactions and stuff like that.

Went through a lot of like due diligence and a lot of deal structures and negotiations. And then I started getting this

Went through a lot of like due diligence and a lot of deal structures and negotiations. And then I started getting this

idea of like and i listen to a lot of my first million i hope i'm allowed to mention other podcasts on this but please do yeah yeah so i'll leave it out no big deal that's fine you can bleep it out make it unnecessary censorship there but yeah like i i listened to that and listened to some other stuff and i was uh acquiring minds and i was like what if i just like bought something so i i

idea of like and i listen to a lot of my first million i hope i'm allowed to mention other podcasts on this but please do yeah yeah so i'll leave it out no big deal that's fine you can bleep it out make it unnecessary censorship there but yeah like i i listened to that and listened to some other stuff and i was uh acquiring minds and i was like what if i just like bought something so i i

in and out of while i'm at a box out like i've been looking at that kind of a a thing and just nothing came along that was like that was right you know like i just couldn't find the app and then i was i was working with garrett uh diamond and i was paying him to work on flipper so that flipper could move forward while i was kind of working on box out the last year and we were in kind of like a

in and out of while i'm at a box out like i've been looking at that kind of a a thing and just nothing came along that was like that was right you know like i just couldn't find the app and then i was i was working with garrett uh diamond and i was paying him to work on flipper so that flipper could move forward while i was kind of working on box out the last year and we were in kind of like a

A deal with another company kind of related to PE and stuff like that. And I was like, I want Flipper to be there in case something happens with that. And nothing did, which is totally fine and great. And so then Garrett knew Dan from Fireside. And Dan was looking to get out. He had kind of stopped podcasting. Use a full name. What's his last name?

A deal with another company kind of related to PE and stuff like that. And I was like, I want Flipper to be there in case something happens with that. And nothing did, which is totally fine and great. And so then Garrett knew Dan from Fireside. And Dan was looking to get out. He had kind of stopped podcasting. Use a full name. What's his last name?