Magnus Åström
👤 SpeakerAppearances Over Time
Podcast Appearances
So I've been around so long, so I know what's important.
So the valuation as such is not the most important.
It's the preference structure.
I mean...
If you have to sell at the lower level, what happens then?
It's about the lock-in.
How hard are you locked in as an entrepreneur?
You mean investing schedule specifically or what?
Yeah, exactly.
And it's not about leaving the company.
It's about having that as something to negotiate with.
So that's basically it.
And also the type of investor you want to have.
Is it, you know, 100 times money investor and they fail 99 out of 100 times?
Or is it someone who really doesn't want to lose their money?
Because I have three, four chances in my life.
The investors, they invest in, you know, hundreds of companies that they don't really care if a few of them fails.
But I would care if none of them fails.
So I have to have the right investor.
I know what it's like to have the wrong investors on board.