@yuris The counter factual is being price insensitive on every investment and then doing poor portfolio management, right? Although obviously would still really hurt me if I’d missed out

@msjpenn All comes down to how big you think the opportunity is.

@yuris Stories like this motivate me to keep grinding 🥳

@yuris They weren’t the only ones😁. A lot others said the same thing.

@yuris Tried introducing Honey to investors in the Bay Area in 2014 and no one was interested in LA based toolbar businesses.

@yuris Nice call

@yuris Yup

@yuris That’s how the 100s of VC’s wil be looking at their msgs from me when I hit $B+ caps 💅🏼

@yuris I wish I could share the emails from all the “professional” vc investors that passed on certain deals I’ve handed them on a platter - part of this motivates me, other part pleases me beyond words #Sheepfollowingherd 🐑

@yuris People (and businesses) love saving money. So those who position themselves to make it faster, easier and seamless are huge good bets IMHO.

@yuris How were they defining traction back then?

@yuris Difference between a good decision and a lucky outcome

@yuris @goutcherd 😎

@yuris I’ve heard/seen this story so many times...

@yuris This what we live for! 🚀

@yuris So their $500k (assuming they didn’t follow on in later rounds so probably diluted to about 2-3%) would have become $80-120M ie for most early stage firms a beyond make the fund deal