0:00
I'm worth double that. You need to
0:01
change your number now.
0:02
>> British people generally being a bit
0:03
understated and US people being uh
0:06
bluntly the complete opposite of that.
0:07
And that does have an effect when
0:09
you're, you know, trying to raise money,
0:11
when you're trying to lay out sort of
0:12
growth projections. I think that's
0:13
always been a bit of a cultural
0:14
distinction. Years ago, I used to be
0:16
involved in producing a list of
0:19
billionaires, a sort of wealth list, and
0:21
we had both European and US billionaires
0:23
on that list. And when you'd call up the
0:26
European billionaire and say, "We think
0:27
you're worth 5 billion." they'd say,
0:29
"Oh, no, when I'm not worth anything
0:30
like that. I don't know where you've got
0:31
that estimate from. I'm worth much less
0:34
than that." And you'd call up the US
0:35
billionaire and they'd say, "I'm worth
0:37
double that. You need to change your
0:38
number now." kind of And that is just,
0:39
you know, that is just the cultural
