Jason Calacanis: belief

Transcript context

…It's $20 a visit. I said, how often do you have to do this to get value? I said it should be a daily practice. How often do you have to go and learn? I said if you go weekly, that's good. It's $80 a month to go and we're charging $10 a year. That's like $1000 a year versus $10. What if it was $10 a month? They're like, We've been thinking about that. I was like okay. They were like, okay, I think we're going to do that. Then they went to $10 a month or whatever. They wound up at $60 a year, whatever it was, but it became a money printing machine pretty quickly. I've never made an investment pre-product market fit that's now worth over a billion dollars. That's very early to successful. I'm curious, did it feel any different when you were making that investment? Were you like, is there something more special here than my normal investment?…

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