Investing Quote by Blake Masters
““(Other investors were in even more of a hurry. A South Korean firm wired us $5 million without first negotiating a deal or signing any documents. When I tried to return the money, they wouldn’t tell me where to send it.)””
About This Quote
Source Interview: Podcast “The Tim Ferriss Show”, 2020
Investors sometimes act impulsively, offering large sums without proper due diligence.
In simple terms: Investors can give money quickly without negotiating.
Key Takeaway
Demand thorough vetting before accepting funds.
Themes
finance
due diligence
risk management
Mood
cautious
analytical
Type
business
advisory
When to use this quote
- startup fundraising
- venture capital negotiations
- financial contracts
Key Concepts
impulsivity
investment ethics
Questions to Reflect On
- What safeguards can protect against hasty deals?
- How do you verify investor credibility?
A Different Perspective
Rapid funding can lead to legal and ethical complications.
