5min chapter

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S3 Ep4: LIVE From The Whalies - Serta Goes Bankrupt, Nik’s Long Wknd Mistakes, Plus A Q&A Session

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CHAPTER

Is VC a Good Place to Start?

I feel like with brands, it's hard to imagine what, you know, how to value it. I think VC should pay virtually no role until you're a 30 million dollar brand. The right place where VCs come in is when they buy a business and they buy 50% of it or 70% of it. You don't have to worry about money again; you still have enough skin in the game. That's a great place to get excited about.

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