Some of these companies, look, a 20% growth company with 80% growth margin, it's not a bad company. It's just not worth the multiple that you thought it was worth. But they can actually be pretty interesting businesses if you run them with more of a private equity mindset, right? So I think you're gonna see some types of exits we didn't necessarily see in 2007, 2008 or 99 and 2000, come in new class of exits. They're kind of a little bit more private equity driven. And at some point, if the preference stack is in a way where they can never make any money, well, they're incented as to go start something else.
Deven Parekh of Insight Partners joins Jason to discuss navigating markets during the dot com era and the pandemic. (1:50) Then they discuss "venture tourists" and cleaning up cap tables before wrapping up with a look back at some of Deven's winning investments. (20:04)
(0:00) Jason kicks off the show
(1:50) Experiencing the dot com burst
(10:14) LinkedIn Jobs - Go to https://linkedIn.com/angel and post your first job for free.
(11:36) Comparing Web 3.0 and the dot com era + navigating the markets during the pandemic
(18:40) Cast.ai - Get a free cloud cost audit with a personal consultation at https://cast.ai/twist
(20:04) Venture Tourists
(29:30) Unfavorable preference stacks
(37:07) Acquire.com - Sign up for FREE at https://try.acquire.com/twist
(38:32) Cleaning a cap table
(47:57) Looking back at Deven’s investments
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