My buddy Alex Blumberg learned - he was very public about his learning process, and I know for a fact because we sat next to each other for many years, that he knew nothing about venture capital or seed rounds or "A" rounds or whatever you call them, and he had to really learn, like, pitch by pitch. He just screwed pitches up.
David PlotzI should say, the one thing you run into is, if you're trying to raise a round you have to decide, well, how much money are you trying to raise? And then you have to justify that to your investors, because they want to know why you [are] raising that much? Why aren't you raising either twice as much or half as much?
David PlotzIt's much easier to hire really great people like that in New York and in Brooklyn in particular, than it is in Washington.
David PlotzAnd my wife is - you know my wife, Hanna Rosin - it's hard, there's no doubt. We have three kids, and it's a pain. I'm away a lot and it's hard on her, but she's been very generous about it and my kids have been very good about it, too. It also allows me when I'm Washington to be more intent with them.
David PlotzI'm very lucky to be able to work in print and radio. I'm very lucky to be able to work at a time when finance and economics are really important. And the number of people who tell finance and economic stories in a kind of accessible storytelling way, there's much more demand than there is supply.
David Plotz