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Zoom earnings, SaaS burnout, Amazon's $10B Alexa loss + FTX contagion with Sunny Madra | E1619
This Week in Startups
The Dangers of Founder Distraction
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- Founder distraction can be a real thing when goals are above the levels of wealth creation that were achieved during the startup phase.
- Taking off the edge can result in buying oneself a threebad room, law for two million bucks, and having two million bucks in savings in a bank account.
- If a founder has a $50 million position in their company, and it is worth $200 million, they may be able to sell 10% or 20% of it without exceeding their home and two million dollars in savings.
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