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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

And so you always treat your LPs, your investors well.

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

You care about what their needs are.

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

You're transparent with them and all that good stuff.

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

And so that's always been my philosophy.

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

I thought it applied even just to selling in anything.

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

It seems like a healthy philosophy to go after it with.

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

It's not that you don't learn along the way.

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

It's not that you don't try and improve your story and react to what you're hearing.

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

But there was no fundamental questioning of what we were doing and no fundamental question of the strategy.

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

The strategy that we were talking about then is the same strategy we're doing today today.

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

And I think it's just maybe there's a little bit of context that, yeah, there are valid reasons to not invest.

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

There are valid reasons to wait.

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

And you don't need to take any of that personally and just keep going.

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

And actually, when I got my first job in this industry in 1998, I was two years out of college.

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

I was in consulting and I was trying to break into this industry.

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

And I kind of told myself the same thing.

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

I said, I'm going to reach out to 100 people in this industry by any means that I can.

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

And I am not going to worry about the response.

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

I am just going to get to 100 people.

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

And then we'll think about it.