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#25 Saul Klein, General Partner at LocalGlobe | Making It Real Podcast with Jan Brinckmann

Making It Real

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The Tenure Test Is Critical

Always ask yourself, or no, and ask the investor, how big is their fund? Right? So if you're investing in my company, I'm going to do half of that round. A 300 million dollar fund is one % conviction. You know, siy camps making that investment, it's a five or ten% conviction ratio. And so, you really want to have people join you on the journey where you are,. Their success is a line to your success. That's true for co founders. It's defhinitly true for investors. Because youn remember, if you are one % of their funds, or in some cases, less than one % of your fund

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