AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
4min chapter
#161 – Jason Calacanis: Startups, Angel Investing, Capitalism, and Friendship
Lex Fridman Podcast
When Should a Startup Rake Money?
The venture capital community is only going to fund, you know, sub 1% of enterprise has started in the United States every year. Seven out of 10 startups we invest in go to zero. You're really supposed to be doing three times cash on cash. So that $300 million fund's expectation is in 10 years to return 900 million. Triple the person's money as opposed to the stock market which doubles your money in the same period.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode