Evidence receipt / belief
Published · transcript-backedBen Gilbert: belief
28 Sept 2022 Acquired Benchmark Part I
“" I think basically what happened is, as more and more consumer startups started happening in the early- and mid-2000s, you basically had angel investors that were starting to come in and fill the randomness risk, the pre-launch, no traction, who knows.”
Source trail
Everything needed to verify it.
- Speaker
- Ben Gilbert
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 28 Sept 2022
- Publisher
- Acquired
- Episode
- Benchmark Part I
Transcript context
…Right, but not customer traction. Exactly. What I was really trying to figure out, how did they shift from seed to Series A, and why? I think there are shades of gray. I think what they actually did was they shifted to Series A for consumer, and they're still willing to do seeds in B2B. In fact, there's a great Gurley quote where he says, "Backing a repeat entrepreneur in the enterprise sector is near risk-free. " I think basically what happened is, as more and more consumer startups started happening in the early- and mid-2000s, you basically had angel investors that were starting to come in and fill the randomness risk, the pre-launch, no traction, who knows. The product building risk.…
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