Marc Andreessen
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They are just like the worst people in the world.
And he gave us what we call the mushroom talk, which is he said, you need to treat LPs like mushrooms, which is you put them in a cardboard box, you put the lid on the cardboard box, you put the box under the bed, and you don't open it for two years.
And he gave us what we call the mushroom talk, which is he said, you need to treat LPs like mushrooms, which is you put them in a cardboard box, you put the lid on the cardboard box, you put the box under the bed, and you don't open it for two years.
And we said, okay, that's one mentality.
And we said, okay, that's one mentality.
And then we said, well, wait a minute.
And then we said, well, wait a minute.
We've been running public companies for the last 15 years.
We've been running public companies for the last 15 years.
We've been dealing with hedge fund managers.
We've been dealing with hedge fund managers.
Say what you will about LPs, like whatever you think.
Say what you will about LPs, like whatever you think.
At least when you walk in the room, you know they're not short your stock.
At least when you walk in the room, you know they're not short your stock.
If you want to deal with pain in the ass investors, go public.
If you want to deal with pain in the ass investors, go public.
And of course, what we found is our LPs have been incredible.
And of course, what we found is our LPs have been incredible.
Our LPs have been incredibly supportive.