What minimum ownership stake does Jason M. Lemkin say makes investing worth it?

Jason M. LemkinCEO, SaaStr · Co-Founder of SaaStr AI, SaaStr Fund, Adobe Sign

Investing in Startups Why Small Checks May Not be Worth It

10 Jun 2024 · 1 min

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0:30

Jason M. Lemkin won't write small checks to startups. He wants to own at least 8% of a company to avoid dilution, and calls small investments a "sucker trap" that trade social currency for unpaid work.

Questions this video answers

About 8% (he says 'not even worth investing if you can't own 8% of the company').

Chapters

It's not even worth investing if you can't own 8% of the company. Right. Really more, because there's so much dilution today. And so a little investing a little bit looks good on Twitter and it can make you. It's something to talk about at cocktail parties in Miami or Austin or wherever. But, I mean, I literally will not write. I will not write any small checks ever. The worst. Yeah, they're like, they're also a sucker trap because you're asked to help the company a lot, but.