Vincent Dignan

speaker
158 appearances 1 recordings 1 series first heard Jun 2016 last heard Jun 2016

Vincent Dignan’s voice in public audio — every appearance, attributed to the second.

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I don't take it because of power laws.
So just in case the listeners aren't familiar, so power laws is how investing and it's how record labels and investing work.
You invest in 10, you invest in 10 pop stars, 10 bands or 10 startups.
One of them will be so big that it will make up for all the losses and
Yeah, exactly.
Tucker Max wrote an incredible article on this very thing.
And basically just repeating what he said.
He's like, so if you're an angel investor, yeah.
Investing in two or three or four companies isn't enough.
You need hundreds.
So likewise, as my consulting, like startups are like, let's give you some money and some equity.
Like how many companies would I have to give my time to, to get power laws going?
I see.
I wouldn't sleep.
So yeah,
Um, yeah, like there was one that every now and then there's one that I really want to join.
There was one last summer and it's a shame the internal team wasn't quite together.
Like I would have joined them.
I absolutely adored the idea, but yeah.
Yeah.
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