Are You Going to Say No to Everything?

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Life style f business versus venture returns, what that means to youand in terms of numbers and practical reality. Very few commerce companies that can't exceed twenty to fifty million dollars in revenue will ever really be worth a lot in the market. But there's definit commerce businesss we've worked with in the studio that'll probabby a great two million dollar a year, five million dollar year business That'll support a nice little founding team. You know, maybe they'll throw a little bit of profit every year, but at the end of the day, they're just not going to hit that next level of scale. Whereas in that case, it really wouldn't be appropriate for our venture...

0:32 Jason speaks on current events and intros Science CEO Mike Jones, how they met after selling their companies to AOL
6:02 What is Science and how has it evolved since being started in 2011? Why did they pivot away from the startup studio model?
12:43 What are the economics of a venture-studio?
15:25 Defining the 3 scenarios of a "lifestyle-business"
18:41 Founders sharpening their skills through hardship, how Mike experienced that at MySpace
25:48 Investing in Dollar Shave Club, insights on what makes a great DTC founder
38:25 Short-term/Mid-term/Long-term impact of COVID
48:37 What is gained and lost in fully-remote work?
57:28 Thoughts on eventually going back to work?