David Rosenthal: recommendation

Transcript context

…[...] the market talk right now. If you’re listening to this podcast and you think about raising money, now is not the worst time to do it. Now is the time. I hope that this will be a really good, enduring outcome of it which is you don’t have to sell your company anymore. Things are working. Even if you think things can work in the future, you don’t have to ever sell because you can raise money in the private markets. That’s been true for a while. You can also be public now. Ben and I have talked about this a bunch as a theme on the show, there are so many more $5–$20 billion tech companies out there and will be out there than anybody ever realized. Whereas I think before this era, it was like, okay great. You’re going to sell your company for a lot of money to a big tech company, or you’re going to be one of the very, very few that can be enduring, standalone, big business. I don't think that the economy exists anymore. It’s a good point.…

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