The Brutal Truth About Being a Founder: Nothing is Harder!

Name: The Brutal Truth About Being a Founder: Nothing is Harder!
Uploaded: 2024-03-19T13:02:33+00:00
Duration: 48 s
Channel: Jason M. Lemkin
Description: Jason M. Lemkin argues founding is the hardest job there is. He won't advise founders making under $20-30 million annually, citing lack of real…

19 Mar 2024 · 1 min

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Jason M. Lemkin argues founding is the hardest job there is. He won't advise founders making under $20-30 million annually, citing lack of real experience. Nvidia survived brutal competition in low-margin markets to become a top five tech company, but the emotional cost of founding sometimes makes Lemkin wish he weren't one.

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How can you not have, after all these years, gotten to a trillion-dollar market cap and recognize that there's nothing harder on planet Earth than being a founder in the same year and really just recognize the two, the no bullshit, no— this is why, Harry, you've done how many of these 20 VCs again? 2,936. This is why I won't even talk or interview a founder below $20 or $30 million in revenue because they're not honest enough. They don't have enough life experience. Right, to hear from Nvidia, which, you know, has been in a ruthlessly competitive market with non-recurring revenue, right? Live or die on these margins. Finally become one of the breakout top 5 tech companies of all time and say, I wish I wasn't a founder. Not literally, but conceptually. I mean, I don't know if it's got to be founder of the year.