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Steve Tuck

๐Ÿ‘ค Speaker
958 total appearances

Appearances Over Time

Podcast Appearances

Oxide and Friends
Oxide's $200M Series C

I'm, let me not get.

Oxide and Friends
Oxide's $200M Series C

Which, unfortunately, is catnip to venture capitalists.

Oxide and Friends
Oxide's $200M Series C

That is like, we do not need to raise.

Oxide and Friends
Oxide's $200M Series C

And by the way, here's our quantitative model showing just how much we don't need to raise.

Oxide and Friends
Oxide's $200M Series C

And also, we've got all this business traction.

Oxide and Friends
Oxide's $200M Series C

So why would we raise?

Oxide and Friends
Oxide's $200M Series C

I mean, that is basically an aphrodisiac for venture capitalists.

Oxide and Friends
Oxide's $200M Series C

That's exactly right.

Oxide and Friends
Oxide's $200M Series C

They know this, but the rest of the world doesn't know this.

Oxide and Friends
Oxide's $200M Series C

So this is like, and like you, this is where they have to actually maximize their ownership to make their model work.

Oxide and Friends
Oxide's $200M Series C

And there was a very funny moment when investors like, we have to talk about your capital needs.

Oxide and Friends
Oxide's $200M Series C

And Steve's like, I think we've pretty definitively shown that we have no capital needs.

Oxide and Friends
Oxide's $200M Series C

And there was a little bit of like friction.

Oxide and Friends
Oxide's $200M Series C

And then Steve's like, I think you mean your ownership needs.

Oxide and Friends
Oxide's $200M Series C

It's like, yes, yes, yes, my ownership needs.

Oxide and Friends
Oxide's $200M Series C

And it was just like, it was a good like conversation with your doctor.

Oxide and Friends
Oxide's $200M Series C

You know, we can just like, look, I'm your doctor.

Oxide and Friends
Oxide's $200M Series C

We can really just talk about it, frankly.