Banananomics
Private Equity
While AI is making product development faster, it is also reducing the value of software companies.
You must understand the game you are playing before you can win.
While capital markets are like chess, VC investing is most similar to poker.
A good founder's story opens the door to raising funds, closing sales, and improving products.
Your story must give personality to the mission.
The founding team must come together for a mission they believe in.
Ray explains that the economy works like a simple machine.
A few years ago, I built and sold a company based on predicting volatility in capital markets.
From an LP's perspective, VC is like a black box.
Companies like Apple, Microsoft, and FedEx proved the VC asset class
The only way to make a successful business is to keep trying until everything lines up.
If you want to find the best co-founder, invite each candidate to a 5-mile run.
