A founder asks an investor for $212,000 in exchange for 10% equity. When pressed on the oddly specific number, he admits he picked it because he could say it without stuttering. The investor thinks he's joking.
Why don't you burn those? Why are you selling t-shirts? You can't make any money doing that. I might. Your ask is $212,000 for 10%, correct? Yes. Why wasn't it $200,000 or $225,000? $212,000? Do you want to know the real answer to that question? Yeah. No. You lied to us. You lied to me. No, it's because I couldn't say $200,000 without stuttering, so I had to find a number that I could say without stuttering. Because once I stutter, the whole thing I'm gonna forget. So that's kind of why. You're an honest guy, man. I don't lie. I'm sorry.