A “small giant” is a company that chooses to optimize for mojo instead of growth. Mark and Adam describe how Muse was inspired to follow this path, designing the business model, team makeup, and funding source accordingly. Plus: a digression into tender offers and the fine points of US tax law.

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Show notes


Partnership, freedom, and responsibility
Adam Wulf
Small Giants
S&P 500
Clif Bar, Whole Foods, Union Square Cafe
Startup = Growth
existence proof
Signal, Panic, Vanguard
index funds and ETFs
Chef’s Table
meme stocks
Delaware C-corp
Harrison Metal
career capital
revenue-based financing
maker vs manager
VC Math
tender offer
stock buyback
dividends
TrustCommerce
growth stocks vs income stocks
foundations: Mozilla, Apache, Processing, Wikimedia

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