🎙️ New Episode Alert: The "Next Fool" Syndrome: Why VC-Backed Startups Are a Scam | Jesse Burrell

Hi community!
 

Most people in tech never make it to an exit. In fact, the odds are closer to 1 in 10,000.

But Jesse Burrell didn’t just build a company that generated $120M+ in revenue - he did it without raising a single dollar of venture capital.
 

In this episode of the 11/10 Podcast, Jesse breaks down the real story behind building Batch from a scrappy wholesaler’s tool into one of the most influential platforms in the industry.
 

Here are a few highlights from the conversation:
 

🔥 The “Infinite Money Glitch” of Skip Tracing
How a simple solution to his own wholesaling problem turned into a massive software business used by thousands of investors.
 

📉 Losing $10M in ARR in 3 Months
Jesse shares the brutal reality of scaling a tech company in the real estate space - including how regulation changes nearly wiped out a huge portion of revenue overnight.
 

💰 Why He Refused VC Money
Most founders raise capital. Jesse didn’t.
His take: When you raise VC, you often become an employee of your own company.
 

🧠 The Discipline Behind Real Success
While scaling a 250-person company, Jesse was also fighting a personal battle.
After realizing he felt like a “fraud” despite financial success, he completely transformed his lifestyle - losing 100 pounds and rebuilding his discipline from the ground up.
 

One of the most powerful takeaways from the episode:

Success isn’t just about money. It’s about becoming the kind of person others want to follow.

If you’re a wholesaler, SaaS builder, or operator in this space, this conversation hits on some of the real challenges behind scaling businesses in our industry.
 

🎧 Watch the full episode here: