3min chapter

The Bootstrapped Founder cover image

166: Daniel Vassallo — Building a Portfolio of Small Bets

The Bootstrapped Founder

CHAPTER

Is This Validated Business? Is It Validated?

"I made this huge, huge mistake where I over-invested," he says. He spent almost $150,000 out of his own savings on a business that is only making about $10,000 a year in revenue. "You can never validate a poker hand because you never know what's on the other people's hands or on the table."

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