5min chapter

Ten Years In The Making cover image

016: Building a $100M Brand by Nailing Product-Market Fit with Jonathan Cronstedt — Part I

Ten Years In The Making

CHAPTER

Spectrum Equity: The Transition From Lifestyle to Business

There's such a survivorship bias to the finance darlings. You don't hear about the companies that blew up the financing. I mean, you have to fail so spectacularly for the world to find out about it. It just is very, very rare. Don't ever give money to someone who needs it. That's like the short answer. A bank of any kind is a group that will give you an umbrella when it's sunny outside and they'll ask for a back when it's raining.

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