David Metz, a serial entrepreneur, shares his journey from Wall Street to building successful companies like Prizeout.
David Metz, a serial entrepreneur, shares his journey from Wall Street to building successful companies like Prizeout. The discussion covers various aspects of his entrepreneurial path, including his first startup at 19, managing stock market challenges, and lessons learned from doing business with family.
That's a crazy story, right? That's a sometimes you feel like an on an island, but when you sit down, if your investors are also fellow entrepreneurs, they can tell you stories, right? I've had investors that have sold companies for massive amounts of sums. And I'll I won't tell the company, but this one story was, you know, they were in a real bad situation. They had to go to a bank, right, for a loan, and they were putting their houses, right? And the person at the bank said, "Okay, okay, come back tomorrow, but bring your wives." Right? And they brought their wives, right? And the four of them were sitting there in front of the bank. And the bank person said, "Uh, guys, because the the the two guys were the founders, I need you to leave the room." And then they went to the wives and they said, "Don't do this. You are going to lose your house." Right? Um, and then the wives said, "You
know what? We are going to do this." Three years later, sold the company. massive amount, right? But that's a crazy story, right? And when you just meet somebody for the first time and they have money, you just assume it was an easy path. But when they tell you that stories, you're like, "Wow, I'm not alone, right? I'm not the only one, right?" Um, and not everyone has those stories, right? If you, you know, went to, you know, Yale and then went to got your Harvard MBA and then your first job worked for a VC and now you're a partner, right? You didn't get those experiences, right? don't really know the risk that these entrepreneurs.