Evidence receipt / uncertainty
Published · transcript-backedSpeaker unverified: uncertainty
21 Jun 2021 Acquired Special: Ho Nam from Altos Ventures — A Different Approach to VC
“I said what do you mean? He’s like, I don't know how to take it from $10 million to $100 million.”
— Speaker unverified
Source trail
Everything needed to verify it.
- Speaker
- Speaker unverified
- Attribution
- Not verified from this transcript
- Claim type
- uncertainty
- Recorded
- 21 Jun 2021
- Publisher
- Acquired
Transcript context
…This is such a great story. I said what do you mean? He’s like, I don't know how to take it from $10 million to $100 million. Some of the other board members were saying we got to take this company public. In Korea, you could take a tiny company like that public, but you have to be profitable. From $10 million to $20 million, they wanted to get the company profitable and then take it public around the time it was $20 million. We said, no, I don't think that's the right approach. I think this is really starting to work. It's time to step on the gas. We told the founders like, I think we could take a little bit further. Let's see what happens but let's raise a little more money and just go for it. You draft him back into service.…
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