Episode 729 | 9 Things I've Learned Investing in 170+ SaaS Companies

322.396 - 348.175 Rob Walling

So A&R coined this term that I really like. It's called the tiny seed millionaire rate. And what it is is of all the companies that are no longer in operation. So this includes those that have sold and those that have been written off, that have shut down. Of all of those, so I told you before, it's 4% exits, 2% written off. So 6% of those companies, 43% of the founders are now millionaires.