Part 2: Pomp On His Businesses, Young Rock Star Employees, And The Internet Entrepreneur Hero

But what I've over time started to realize also is like, and it goes back to kind of uh why we want to serve so many of these companies. Investing in other people's companies is great and obviously the power law takes over and when that occurs, uh, it's an amazing and angel investing can be really profitable. But actually you're much more likely to be able to take, you know, fifty, a hundred thousand dollars, start a business and get to like a million dollars in revenue and throw off five hundred to seven hundred thousand dollars in profit. Year after year after year. And do it with like a very high degree of uh of uh probability of success.

And so in some way, like what's better than Angel investing in other people's ideas? It may actually be just like angel investing in your own ideas or your own companies. And so that's really where I've been focused is like Yes, I will still on occasion invest in other companies, but now I want to start these businesses. And I look at it as, What is the competitive advantage?

We have capital. But we also have distribution. And so if you have capital and distribution, you basically just need like a decent idea and you need an absolute killer operator. And if you can define those two things. Combine it with the capital and distribution, you got a good chance of being able to make some money.

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