Andrew Wilkinson: We want to talk to somebody who wants to do a straightforward deal and wants to sell to us. Spread the word. Our first acquisition was Dribbble, in January, and it took a little more than two months in total. Every time I look at doing a takeover or a take private, or taking one of our businesses public, I talk to friends who’ve been involved in public companies, and they just grab my face and say, “What are you thinking? We did a really interesting thing. Generally we’re trying to buy businesses from people who we have someone in common with, where we can really vet the founder and trust them. Andrew Wilkinson: The simple, two-page contract that Buffett used to buy National Indemnity for $8MM ($61MM in 2017 dollars) in 1967. How has Andrew seen himself develop and change as a leader over the last 5 years? Today, his holding company, Berkshire Hathaway, is worth almost $500 billion. I absolutely loved it. The Power of Anti-Goals. We’re building the Berkshire Hathaway of the internet. They’ll buy one of them. We have such a broad experience that we can look at it and go, “Wow, they’re incredibly growing organically, and they’re already profitable and everything’s already working because they have such a good product. Warren Buffett is famous for handshake deals and one-page contracts. We’re Tiny, both literally and figuratively. I know that, because I was one of them, and I talk to more and more people like me every day. What determines paying a premium price to Andrew? Some Good Reasons To Stay Away From Public Market Investing. He said, “Hey, can you take a look at my numbers, and maybe you’ll have some business ideas or marketing ideas or whatever.” I started looking at it, and I’m going, “Holy crap, this is like a SAS business.” He’s got recurring monthly revenue that’s coming from a broad diversified customer base listeners. How does Andrew think about sink the boat vs non-sink the boat decisions? Andrew Wilkinson: Joe Rogan is already making $30 million a year or $40 million a year from advertising, and I’m sure it’s basically pure profit. It’s very, very high margin. We’re going to … Often we’re actually designing and building. I was on a chat room and I met this kid from Hawaii, and we started brainstorming about ideas and we said, “Hey, let’s start an Apple news site.”. That one we’re willing to pay a really high multiple on earnings. Over the years, I’ve heard the right price many times. Spread the word. Just last question Andrew. What that means is that it’s energy independent. I run Tiny (www.tinycapital.com). It goes back to if you want someone to build your deck, you want to hire a Red Seal carpenter, who’s been doing it for 20 or 30 years. Well, our playbook has been to find people who have already done it before. Andrew Wilkinson: We designed Slack. I think everyone’s just been so optimistic for so long. We’ve been able to build all these neat business lines around it. Unlike more traditional buyer we plan to leave the companies we buy to keep doing what they’re doing for the longterm.