M and i try to do in a given year, you know, five or six new companies. A good year, i'd employ maybe 15 to 20 million dollars if i'm doing my job correctly. The advertising on the show has helped me build an team. I always like to use the analogy of learning poker. You would not want to sit down at a high stake's game when you don't know which is a better hand, a flush or a straight. And people didt know that somebody at the table had to keep a card otof the mining hands.
In a Founder University segment, Jason compares running a bootstrapped vs. venture-backed company (1:17), discusses 'pegasus' companies (11:09), advises what types of businesses should take VC (23:59), and explains what motivates VCs (33:27). Then Zach Coelius joins to take some listener questions (38:48).