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My liquidity did not come from going public, Nicholas Reichenbach CEO at Flow Mineral

5 Sept 2024 · 1 min

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0:36

A short monologue by entrepreneur Nicholas Reichenbach reflecting on his experience building startups and the realization that going public did not provide the expected personal liquidity. He describes a repeated Silicon Valley startup pattern (build, raise, sell) and notes this was his 11th company before IPO did not yield his liquidity.

Chapters

Before that, I had, like, the regular entrepreneur hat on. Okay, let's build it and sell it. Okay, let's build it and sell it. Valuation this, valuation that. Raise money this raise. You know what I mean? Like, we. We've lived this whole. Our whole lives, you know, and I had the regular entrepreneur hat it was like, this is my 11th company, and I'd done it many times before, and this was the format. Like, let's, you know, Silicon Valley format, you know, boom, boom, boom, sell it. And then I went public and realized that my liquidity was not going to come from going public.