An investor tells a tech founder to stop wearing a $40,000 Royal Oak and Day-Date Presidential until the startup has revenue. The founder should wear the same t-shirt and Apple Watch until IPO, then upgrade through a hierarchy of watch brands as the company grows.
I thought you were in Switzerland to raise funds, not buying watches. Just simply looking. It's a Royal Oak. That's a $40,000 watch. Are you kidding me? Is that a Day-Date Presidential? You told me you cannot even pay for Slack Premium, and then you're here wearing $40,000 watches. It's not what it looks like. Actually a gift for me, the CEO. For the CEO, but what have you done? You're pre-idea, pre-product, pre-pre-revenue, pre-life at this point. I'm investing in you or your team? We're going to see returns, okay? You wear the same t-shirt and the same Apple Watch every day until we IPO. When we IPO in 2 years, you can You can buy any watch you want. I don't care. And first of all, these watches are for you, alright? You're selling them to him? Of course! We'll get you a Swiss watch, a Swatch. There are levels in life, kiddo. You start with a Swatch, then you move on to Rolex, then AP, then Patek. Don't worry, I'll pay for it as a good friend and investor. I'll be back.
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