Kevin Hartz: belief

Transcript context

…Andrew Trader was just opening techs all day. Yeah. His job, he had a desk full of checks and was opening them up. Whenever you see that, I've learned as an investor, invest in that company. There is a rumor that Don Valentine went to Cisco when it was just the husband and wife and maybe a few others. He was trying to understand what this router thing is. But then, he walked into the back and there was a fax machine where orders were just coming in all the time. He asked the operator of the fax machine or the person who receives the orders. He’s like, "Is this always the case?" The response was, "Yes. I can't keep up with it. Look at this big stack of paper." That becomes a very clear and simple investment thesis. Now, there are not too many checks these days, but I think the equivalent is maybe your Stripe account or something of the like. This is a perfect chance because you started all these. You would think you guys are both hyper net worth at this point. Roelof is a partner in Sequoia. You think, oh, obviously, you raised money from your network, Peter and all that, but, you didn't. You took a totally different path. I think this is really interesting. Julia, you're saying people are already using this. You already have transactions happening for two years, basically. It was just you guys and Renaud. You were building this with your own capital, bootstrapping, not taking salaries, and just building the business. Why did you decide to do that?…

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