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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. Andrew Wilkinson‏Verified account @awilkinson Jun 3
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      What’s an easier path to wealth? PATH 1: VENTURE STARTUP - 95% chance of $0 - Tiny personal income while building startup until IPO/scale - Massive dilution (most founders end up owning 5-15%). $1BN market cap = $50-$150MM for founder. OR...

      100 replies 341 retweets 1,962 likes
      Show this thread
    2. Ethan Agarwal‏ @ethanagarwal Jun 3
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      Replying to @awilkinson

      20% compounded growth for 20 yrs is definitely not a 50-80% chance of success. Maybe 1-2%.

      3 replies 2 retweets 143 likes
    3. Andrew Wilkinson‏Verified account @awilkinson Jun 3
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      Replying to @ethanagarwal

      This assumes you are a competent operator. I have *trouble* finding bootstrapped tech businesses that aren't growing at least 20%/yr.

      8 replies 3 retweets 57 likes
    4. Ethan Agarwal‏ @ethanagarwal Jun 3
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      Replying to @awilkinson

      Please name 3 bootstrapped comoqnies that have done it for 20 years?

      1 reply 0 retweets 9 likes
    5. Ethan Agarwal‏ @ethanagarwal Jun 3
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      Replying to @ethanagarwal @awilkinson

      Companies*

      1 reply 0 retweets 0 likes
      Sam Parr  ⚪️‏ @theSamParr Jun 3
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      Replying to @ethanagarwal @awilkinson

      There are likely hundreds of companies that have. So many different stores, local services thatve expanded, boring b2b shit

      8:42 PM - 3 Jun 2020
      • 5 Likes
      • Alvin Leong Jeff Possiel R. Colin Kennedy
      1 reply 0 retweets 5 likes
        1. New conversation
        1. Ethan Agarwal‏ @ethanagarwal Jun 3
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          Replying to @theSamParr @awilkinson

          Please name 3

          6 replies 0 retweets 0 likes
        2. Sam Parr  ⚪️‏ @theSamParr Jun 3
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          Replying to @ethanagarwal @awilkinson

          I read a fair bit about family owned businesses. Three that likely fit the criteria but cannot be proved are Ingram https://en.m.wikipedia.org/wiki/Ingram_Industries … Pilot https://en.m.wikipedia.org/wiki/Pilot_Corporation … Koch https://en.m.wikipedia.org/wiki/Koch_Industries … Linode: https://en.m.wikipedia.org/wiki/Linode 

          1 reply 0 retweets 11 likes
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