Rob Walling
๐ค SpeakerAppearances Over Time
Podcast Appearances
I don't know, man, I've on the mind to take it, you know, and maybe that's 10, maybe it's 20, maybe it's 30, you know, it's nowhere near what we're talking about here, but like get one, get a win, then you can do whatever you want. And I'm so much more, you know, a describer to that, to kind of tucking that away.
I don't know, man, I've on the mind to take it, you know, and maybe that's 10, maybe it's 20, maybe it's 30, you know, it's nowhere near what we're talking about here, but like get one, get a win, then you can do whatever you want. And I'm so much more, you know, a describer to that, to kind of tucking that away.
So I know of a company I'll keep anonymous that raised, let's say like, I was under 40 million in venture over a few rounds. And due to liquidation preferences and other things, they would have had to sell for something like 80 something million for anyone but the VCs to get money.
So I know of a company I'll keep anonymous that raised, let's say like, I was under 40 million in venture over a few rounds. And due to liquidation preferences and other things, they would have had to sell for something like 80 something million for anyone but the VCs to get money.
I don't know all the details, but that's the kind of stuff that I'm not sure people are aware of when they're like, I'm going to raise it $10 or $20 million. It's like, oh man, you've just really cut off a lot of your optionality and that was such a big thing. I don't say this as much when I talk about Tiny C these days, but in the beginning it was just optionality. We are optionality.
I don't know all the details, but that's the kind of stuff that I'm not sure people are aware of when they're like, I'm going to raise it $10 or $20 million. It's like, oh man, you've just really cut off a lot of your optionality and that was such a big thing. I don't say this as much when I talk about Tiny C these days, but in the beginning it was just optionality. We are optionality.
You can raise, you cannot, you can do what makes sense for you. And we have had a bunch of people raise Series A's. We've had a handful of folks raise several million dollars.
You can raise, you cannot, you can do what makes sense for you. And we have had a bunch of people raise Series A's. We've had a handful of folks raise several million dollars.
Because 2022 and 2023 was such a disaster. There's not that much capital. It's very expensive now. And so that number just plummeted, right?
Because 2022 and 2023 was such a disaster. There's not that much capital. It's very expensive now. And so that number just plummeted, right?
I call it brainwashing, but whatever it is, it's a standard. It's the safe. It's nobody gets fired for buying IBM, right? That's just the way.
I call it brainwashing, but whatever it is, it's a standard. It's the safe. It's nobody gets fired for buying IBM, right? That's just the way.
No hard work or skill. Let's just go all after luck on this one, yeah.
No hard work or skill. Let's just go all after luck on this one, yeah.
So as we wrap up, if folks are listening to this, if someone is an accredited investor, we are raising our next funds to invest in ambitious B2B SaaS companies. They can hit you up directly, tinyc.com slash invest if they fill out that form. That goes directly to your inbox. Anything else you want folks to know?
So as we wrap up, if folks are listening to this, if someone is an accredited investor, we are raising our next funds to invest in ambitious B2B SaaS companies. They can hit you up directly, tinyc.com slash invest if they fill out that form. That goes directly to your inbox. Anything else you want folks to know?
And you know, indications are good. That's what it is. The markers. Yeah, the arrows are going in the right direction.
And you know, indications are good. That's what it is. The markers. Yeah, the arrows are going in the right direction.
And the reason VCs do that is that's how you make more management fees is the bigger your fund, the more money you make. And we're like, you know what? The opportunity, the deal flow we see in a six-month period is X. It's been really consistent, which is great. And I don't want to raise โ we don't want to raise twice as much money because then what are we going to do?
And the reason VCs do that is that's how you make more management fees is the bigger your fund, the more money you make. And we're like, you know what? The opportunity, the deal flow we see in a six-month period is X. It's been really consistent, which is great. And I don't want to raise โ we don't want to raise twice as much money because then what are we going to do?