This Week in Startups Ask Jason + LegalQ founder Zeb Anderson + OK Boomer with Jules Terpak | E1539
Aug 20, 2022
Zeb Anderson, Co-founder and CEO of LegalQ, shares his insights on revolutionizing legal consultations to make legal advice more accessible. He discusses how his startup connects clients with attorneys, addressing lead generation challenges in the legal field. Meanwhile, digital culture commentator Jules Terpak highlights the importance of curiosity in brand building and explores the complexities of TikTok and generational perceptions of online privacy. Together, they unravel the intertwined issues of innovation, youth culture, and digital landscapes.
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VC Downturn Strategy
- VCs slow down investments during downturns to triage existing portfolios and protect current investments.
- Founders should accept realistic valuations, as mismatched expectations can freeze the market.
Investing in Failed Founders
- Invest in founders who demonstrate resilience and learning from past failures, not just initial success.
- Focus on founders' dedication and work ethic, especially if they've navigated previous challenges.
Early Investments
- Calm had minimal traction with 1,000 app copies sold at $10 each when Jason Calacanis invested.
- Uber was in private beta with few cars and minimal revenue at a $4.5-5 million valuation.
