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Published · transcript-backed

Brad Gerstner: preference

15 Mar 2022 Acquired Altimeter (with Brad Gerstner)

“I would say with total respect to all those others, first, I don't want to compete in that first round of institutional capital.”

— Brad Gerstner

Source trail

Everything needed to verify it.

Speaker
Brad Gerstner
Attribution
Verified speaker
Claim type
preference
Recorded
15 Mar 2022
Publisher
Acquired

Transcript context

…Actually, let's not make that rhetorical. What is it that you do different than other? I would say with total respect to all those others, first, I don't want to compete in that first round of institutional capital. You know, why? Because Chetan at Benchmark and Mike Spicer at Sutter Hill or the folks at Sequoia, they do an incredible job. I started at GC. I've been a day one founder. I know what that first 2–3 years of gestation looks like. And those firms, why does Andreessen have 300+ people? Because they really have built the infrastructure to help those early entrepreneurs win. Same with Benchmark. It makes sense you say, but that is a contrarian view today.…

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