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#AIS: Bestie AMA with Valor's Antonio Gracias
All-In with Chamath, Jason, Sacks & Friedberg
A, I'm Sorry, but I'll Alternate.
Friedberg: It's very simple. You know, i invested in ober thumb, tack and om for 15 million dollars combined. That was their combined valuation, post money, post money. And those all three companies had products in the market. When we did sit out some of those and said, listen, when the product is ready, let's take a he product and talk to the first two or three customers. To david's point, about zero to one customers ist the really harda hurdle in a now it's backed down to a six to 15 million for a company that has a product in market.
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