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166: Daniel Vassallo — Building a Portfolio of Small Bets

The Bootstrapped Founder

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Your Days on Market Versus Revenue Graph

Peter Thiel: I think to be honest, Peter is big. He posted a list of all the products he has ever done. And that was like 80 products that did not. How was your ratio? Did you ever calculate that at this point? Thiel: Yeah, I have a somewhat better ratio. My ratio, I think is around 50% roughly. It wasn't random and luck or is that a result of experience? The first couple of cohorts, the people were very active. They kept helping each other without my intervention. Without them, it wouldn't have happened.

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