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Index/Startups & Founders/Masterful Founders
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He Bought 140+ Startups: The 3 Things That Separate Winners from Losers

Masterful Founders · 2026-02-10 · 55 min

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Episode notes

Pascal Levy-Garboua has invested in 140+ startups, including Notion's pre-seed round, and now acquires profitable bootstrap SaaS businesses through Nusa Labs. After seeing thousands of SaaS businesses from the inside, he noticed the same 3 factors separate the winners from everyone else: and none of them are about your product. In this episode: → Why the market beats the founder every time → The product marketing skill nobody teaches you (positioning, pricing, place) → How Notion almost died because of bad positioning → Why Walmart happily paid 20x more for the same software → The "secret" that every successful founder has → When to sell your SaaS (and when the market is against you)

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