Evidence receipt / belief
Published · transcript-backedSpeaker unverified: belief
17 Oct 2022 Acquired Benchmark Part II: The Dinner
“I believe that the founders own more of their companies at exit, at S-1 time, whatever it is, in this case, for those reasons and one other really important reason, which is a founder is going to raise a series B, series C, series D, or an IPO one time in their career, maybe two times in their career.”
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Source trail
Everything needed to verify it.
- Speaker
- Speaker unverified
- Attribution
- Not verified from this transcript
- Claim type
- belief
- Recorded
- 17 Oct 2022
- Publisher
- Acquired
- Episode
- Benchmark Part II: The Dinner
Transcript context
…I didn't think they would say it, but I think it's important. We literally heard that from multiple entrepreneurs. I believe that the founders own more of their companies at exit, at S-1 time, whatever it is, in this case, for those reasons and one other really important reason, which is a founder is going to raise a series B, series C, series D, or an IPO one time in their career, maybe two times in their career. If we're doing our jobs, and the people around this table have all done this multiple times, and you will help them raise better rounds from better investors, have a better process, and get to a better outcome... You'd have to talk to the entrepreneurs that I've invested in. But I suspect if you were to talk to them, the value that I can provide to them since I stopped being a professional venture capitalist as part of the firm, is exponentially higher than when I was within a firm because there's no conflict.…
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