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Published · transcript-backed

David Rosenthal: belief

11 May 2019 Acquired The Uber IPO

“I believe GV operates on an annual budget cycle. But yes, they put in a lot of money.”

— David Rosenthal

Source trail

Everything needed to verify it.

Speaker
David Rosenthal
Attribution
Verified speaker
Claim type
belief
Recorded
11 May 2019
Publisher
Acquired
Episode
The Uber IPO

Transcript context

…These are the folks that start coming in here. We were talking about this is an era where you would go public. GV made a crazy bet putting an abnormally huge amount of their fund, if not all of the remaining. There's something wild that happens in ventures. I believe GV operates on an annual budget cycle. But yes, they put in a lot of money. Yeah, and then you start to see in June of 2014, Fidelity comes in. This changes everything for startups. We talk about the era of staying private longer and why all these companies are IPO-ing now and why haven't they IPO'd yet, the next set of investors would be Fidelity, T. Rowe Price, Goldman Sachs. Then you start getting into international, you get Times Internet, Tata Capital, Tiger, SoftBank, the list goes on and on from not raising from venture capitalists.…

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