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Larry Cheng

๐Ÿ‘ค Speaker
417 total appearances

Appearances Over Time

Podcast Appearances

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

Whether we'll get capital, there's people that should be investing in us.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

And same with the company and so forth.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

And perhaps I have, I've been married for a long time.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

So perhaps in dating too, Ryan, it also makes sense.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

I don't know.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

But yeah, you kind of trust the outcome and then just manage the process.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

Oh, that's where it's worse.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

I have a couple of thoughts on that.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

First is the relationship between an investor and an operator, an entrepreneur.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

I mean, it may last longer than most marriages in this country.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

So you should be making that choice above everything else on the basis of trust.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

Do you trust this person?

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

Do you want to be married to them in some context?

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

set aside valuations, set aside value adds, and all of that stuff.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

That's the most foundational thing.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

You raised something that I thought was really interesting.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

I often ask this question in a first meeting with a company, but you can invert it.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

The question I ask is, okay, if we go through this entire diligence process with you,

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

What is the worst stuff that we're going to find?

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

What are the worst metrics that are going to bother us?