Evidence receipt / belief
Published · transcript-backedSpeaker unverified: belief
30 Aug 2021 Acquired Kevin Rose from Web 2.0 to Web3
“Who are we to go try and force outcomes and do all the mean nasty things you read that other VCs can and have done in the past? I realized that working with True early on when I was going to sell to Google.”
— Speaker unverified
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Everything needed to verify it.
- Speaker
- Speaker unverified
- Attribution
- Not verified from this transcript
- Claim type
- belief
- Recorded
- 30 Aug 2021
- Publisher
- Acquired
- Episode
- Kevin Rose from Web 2.0 to Web3
Transcript context
…I love everyone at True. Anyone that I worked with—I always walk away feeling like, oh, that person has the longest view in the room to use a Sam [...] parlance of caring deeply about relationships above all else. That's it, exactly. They’re such long-term, long-view investors. We pride ourselves in trying to take all the pressure off the entrepreneur. We backed Matt Mullenweg from WordPress 15 years ago. We still have a board seat. We still have stock, and we're not saying hey, you have to go IPO or you have to sell. That's not in our DNA. It's their baby, their company. They invited us for the ride. Who are we to go try and force outcomes and do all the mean nasty things you read that other VCs can and have done in the past? I realized that working with True early on when I was going to sell to Google. It was going to make a tiny bit of money for the investors but not world-changing money. The partner I was working with was like, Kevin, this is your company. Do whatever you want. If you want to go sell it, then sell it. If you think the time is right. Make it happen. As an entrepreneur, you have so many things that you're trying to juggle in your head and wrestle with. Just knowing that your investors are not one of them is one of the reasons why I was attracted. I said, I have to work with this group. And that's how we got hooked up. You initially became a venture partner then transitioned into a full-time partner role?…
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