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theSamParr's profile
Sam Parr ⚪️
Sam Parr ⚪️
Sam Parr  ⚪️
@theSamParr

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Sam Parr  ⚪️

@theSamParr

Love motorcycles and dogs. CEO of The Hustle. Internet entrepreneur and investor. Always scheming. ya, check mark is a joke

San Francisco
thehustle.co
Joined July 2012

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    1. Sam Parr  ⚪️‏ @theSamParr Feb 16
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      Sam Parr  ⚪️ Retweeted  🔥 🚔 🔥 ☭

      If anyone out there thinks with high certainty that they can turn $300k into the next amazon, or even turn $300k into a company worth .005% of Amazon ($50m), please contact me. I will gladly invest.https://twitter.com/KentingtonClark/status/1228739076892827648 …

      Sam Parr  ⚪️ added,

       🔥 🚔 🔥 ☭ @KentingtonClark
      Why do we always hear about how Jeff Bezos starting Amazon in a garage but never how his parents invested $300,000 into his fledgling company? Could your parents do that. Do you even have access to a garage? Is this “American Dream” success story real or a myth we tell ourselves? https://twitter.com/TheMainShow_/status/1228103324580417538 …
      Show this thread
      116 replies 542 retweets 1,861 likes
      Show this thread
    2. PC Maffey‏ @pcmaffey Feb 16
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      Replying to @theSamParr

      The funny thing is— a 50m outcome is generally considered a miss in VC land. This is tangential to your point, but I would guess there are hundreds of 8 figure markets that don't get co's funded in because they're not unicorn potential.

      2 replies 0 retweets 3 likes
    3. Sam Parr  ⚪️‏ @theSamParr Feb 16
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      Replying to @pcmaffey

      Maybe. But that doesn’t mean it’s a bad outcome for individual investors.

      2 replies 1 retweet 5 likes
    4. PC Maffey‏ @pcmaffey Feb 16
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      Replying to @theSamParr

      Exactly. I think there's a huge opportunity there for non-VC investors.

      1 reply 0 retweets 1 like
      Sam Parr  ⚪️‏ @theSamParr Feb 16
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      Replying to @pcmaffey

      I BBC agree. And I think that that opportunity is being taken advantage wonderfully at the moment. There’s SO much angel money currently being deployed.

      5:45 PM - 16 Feb 2020
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        1. PC Maffey‏ @pcmaffey Feb 16
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          Replying to @theSamParr

          Except - I think a lot (not all) of those angels are playing the "minor league VC" game, and thus hoping to upsell their invested co's to VCs. Which, as soon as that A round comes in your single digit % drops to decimals. And thus a 50m outcome is less exciting.

          0 replies 0 retweets 1 like
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