Why 9 Out of 10 Investors Say No And How Greg Selkoe Raises $160M Anyway

Why 9 Out of 10 Investors Say No And How Greg Selkoe Raises $160M Anyway

From Big Hitters with Larry Weidel by Larry Weidel

April 7, 2026 · 39 min · Episode 50

About this episode

Greg Selkoe discusses his journey in entrepreneurship and the mindset needed to succeed despite frequent investor rejection.

What separates the entrepreneurs who build billion-dollar empires from those stuck at the hundred-million mark? In this episode of Big Hitters with Larry Weidel, Larry Weidel sits down with Greg Selkoe, founder of Karmaloop, FaZe Clan, and XSET, to break down how he's repeatedly identified emerging cultural movements, scaled companies with skeleton crews, and navigated the brutal reality of raising capital at the highest levels. From starting in his parents' basement to generating over a billion dollars in cumulative revenue, Selkoe reveals the non-negotiable mindset required to survive the pain of entrepreneurship—rejection, chronic capital shortages, and the willingness to be all-in when investors are betting on you. This is for operators who understand that scaling isn't about hiring more people; it's about seeing what others miss and having the resilience to execute when 90% of the world says you're wrong.

People in this episode

Host: Larry Weidel

Guest: Greg Selkoe

Topics covered

  • entrepreneurship
  • capital raising
  • business strategy
  • cultural movements
  • scaling companies

Keywords

  • entrepreneurship
  • investment
  • business growth
  • scaling
  • capital
  • resilience
  • Karmaloop
  • FaZe Clan
  • XSET

Mentioned in this episode

Organizations: Karmaloop, FaZe Clan, XSET

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