
Episode #6
Alex Tonelli - Endurance Companies
<p>In This Episode</p><p>Most allocators learn to evaluate risk from a distance. Alex Tonelli learned it by nearly running out of money.</p><p>“We closed a round with $16 in our bank account,” he says, describing the early days of what would become Funding Circle, the small business lending platform he co-founded after Stanford GSB. That number isn’t metaphorical. It’s a specific, concrete memory he returns to often, because it shaped how he thinks about conviction, partnership, and what it actually costs to get a business off the ground. He often relates abstract investing concepts to speci...






