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MarketFoolery

Stop. Raising. Money.

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 25 February 2016

⏱️ 18 minutes

🧾️ Download transcript

Summary

Morgan Housel analyzes why start-up companies shouldn’t raise as much money as possible. Plus, we share details on The Motley Fool’s first-ever digital pass to our recent investing conference in San Diego. To learn more go to http://digitalpass.fool.com

Transcript

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0:00.0

It's Thursday, February 25th.

0:03.5

Welcome to Market.

0:04.5

I'm Cressil joining me in studio today, the one and only Morgan Housall.

0:08.3

Thanks for being here.

0:09.0

How you doing?

0:10.0

I'm doing all right.

0:11.0

I'm fully caffeinated, I've got more coffee in front of me.

0:13.2

I'm excited that I see actually a mug of coffee rather than a purchased cup of coffee.

0:19.6

The amount of coffee that you purchase worries me sometimes.

0:23.2

We brought this up before.

0:24.8

We have free coffee in the office and you choose to walk across the street and pay for

0:30.1

it after waiting in line, which I consider almost a mental illness.

0:34.0

I was with you right up until a mental illness part.

0:39.0

I'm getting some exercise when I go for a walk

0:42.0

and I'm I feel like I'm getting value for the money I'm paying because the

0:46.4

coffee we have in the office it's free but I think that's probably the best thing I would say about the coffee in our office

0:52.4

okay is that it's free and just to further deflate you the coffee that's in my mug

0:57.9

right now is coffee that I purchased at Starbucks and then poured in my mug

1:02.3

so I can put that in the microwave and heat it up.

1:04.1

Can't win. Let's talk about private companies because we don't talk about private companies all that much and you actually co-authored something for Fast Company

1:14.8

magazine that I want to get to that ties into that.

1:18.8

And this is a piece entitled, The Case Against Startups Raising as much money as humanly possible.

...

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