David Rosenthal: belief

Transcript context

…We’ll put a link to that in the show notes. Then another one is really interestingly, so you get this sort of 24-hour window to go and talk publicly about all your financial stuff after your IPO before you start being really held to all the SEC regulations about what you’re disclosing and when. And normally, you see all these execs taking advantage of this going out on all these different shows and talking to media outlets on the day of their IPO, drumming up support for it. And all the other execs weren’t anywhere to be found. They headed over to Goldman Sachs which was one of their IPO managers and it wasn’t their lead left because Morgan Stanley led the IPO, and they hung out there for the day. They did one interview with the LA Times to kind of promote the LA startup ecosystem. It’s just like it’s going to be Snapchat. They don’t do things the way everyone else does things. I think if there is one lesson from the whole, all of Snapchat’s story thus far is exactly that. Yup. Cool. Should we move into carve outs?…

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