Missed Calm Investment

Ryan Begelman shares a story about missing out on early investment opportunities, particularly with the meditation app Calm.

"There's so many entrepreneurs including the guys at Calm that I met through Summit early on. For whatever reason I didn't persist and get the ability to invest in their company. It was mentioned, but I missed the email, a friend of mine heard about it, I wasn't at the right event when they were raising, I met them 3 months earlier.

Now I can't even talk to them anymore because they became too big a deal to even return my calls. I would have liked to have been on the ride with them financially. That would have been really exciting."

The story illustrates a common theme among early networkers - meeting successful founders before they hit it big, but missing the opportunity to invest due to timing or circumstance.

23:20 - 24:18
Full video: 28:52
RB

Ryan Begelman

In 2008, He bought into Bisnow Media, became CEO, and bootstrapped it with its founders, Mark and Elliott, from $1M to $20M in revenue and ~$7M annual profit. In 2016, as Fortune reported, He sold Bisnow to a private equity firm. Today, Bisnow is the largest producer of commercial real estate news and events.

He also cofounded Summit. Named by Forbes “The Davos of Generation Y,” Summit gathers leaders and features icons like Jeff Bezos, Richard Branson, Shonda Rhimes, Jessica Alba, Reed Hastings, Brené Brown and Al Gore.

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