All Star Investor Panel! Sophia Amoruso and Ryan Hoover | E2158

That is then determined by your deal flow. Do you actually have three other bets that are better or as good? And that's really the, I think, the art of the discipline here is knowing when to use four bullets to hit the target versus, you know, just, hey. And I we have this happen all the time. And the way I've now taught my team to do it, because we now have 11 people on the investment team.

is I've taught these young folks to say, okay, uh in our accelerator, we're investing at a $1.7 million valuation, right? So in order to own 7% of that of that $10 million company, you gotta spend $700K. Okay, would you rather make 525K bets? six, five, 525k bets, or own 7% of this one at 10 million. And compare it, this is a very easy way to do it.

Look at the accelerator class that just graduated with 12 startups. Is this, where would this company rank in there, in that group? If it ranks number one or it's like by far number one, it's better than all 12, okay, you got a case to make. If it ranks number five or six of those 12, well then why are we doing that? This week in Startups is brought to you by Squarespace.

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