Sam Lessin

speaker

175 appearances 1 recordings 1 series first heard Feb 2025 last heard Feb 2025

Sam Lessin’s voice in public audio — every appearance, attributed to the second.

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This Week in Startups · Slow Ventures' Creators Fund and Helion Energy's Fusion Reactors | 2084 · 12 Feb 2025 podcast

We don't want to be like, well, don't spend your time on that because that's outside of what we invested in.

You promised us X.

We want to say, like, we're just investing in you.

We want you to have business ideas, but let's just be aligned.

And so there are lots of, there are some extra

Extra nuances in that.

Like we always make sure on cash, for instance, that there's like, we'll say, hey, if you earn over a million dollars next year because you're focused on some cash generating business, then pay us, but less, don't worry about it.

So there's some nuance, but that's the that's the emotional and the innovation, the direction, which is we just care about alignment holistically.

But that's the

And for what it's worth, we actually use Mr.

Beast Burger as an example of what not to do, right?

Because you don't and the the thing that is so different about these creator and community driven businesses is the brand and the there's a lot of equity and value that's held outside of feastables, right?

It's actually Jimmy, right?

It's not and so it's like the question is, and I actually think in my experience that by far the place that this is

With venture capital in general, that people get sideways is when they're misaligned, right?

When I've invested in X, but you're doing Y or things like that.

And so that's why I go back to this whole thing, which is our approach is extremely holistic.

There are obviously things that are outside of the deal, right?

You know, if you say, I don't want to be a creator anymore, I'm gonna go work at a law firm, that's not the deal.

It's about the creative business, but it's very broad the way we look at it.

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