Alan Chiu
7 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Jun 18, 2015 by Alan Chiu · said 1 times in 1 episodes since 2018 · across every show →
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Everything said about Alan Chiu, oldest first
Jun 18, 2015
Chiu: Startup pivots should focus on testing unproven business assumptions
“If things are not going well as well as you expected, go back to your key assumptions underlying your business model, right? Some of the key, one or more of those key assumptions have not been proven out, and that's why things are not going well. So go back to…”
Jun 18, 2015 positive
Chiu: Great VCs identify founders balancing strong conviction with adaptability
“One of the things I've observed with great VCs is they are very good at reading entrepreneurs, in picking the entrepreneurs that have the perseverance and the right balance of strong conviction and adaptability. To both pursue the vision with relentless grit, …”
Jun 18, 2015
Chiu: The best startup pivots follow organic traction on side projects
“The best pivots I've seen are the ones where the founders have noticed that something on the side, outside of their core business, is actually thriving, or might even be growing, getting more traction, more quickly than their core product. And they've been, th…”
Jun 18, 2015
Chiu: VCs act as background talent scouts while founders earn fame
“Being a VC is like a talent scout. The entrepreneurs are the stars, are the talent that you're looking for. You are the scout. You are acting in the background. The stars are going to become famous. You're not going to become famous, but if you're doing a job …”
Jun 18, 2015
Alan Chiu: Randomly testing new ideas after hitting a wall rarely works
“The worst pivots are the ones where the team has come to run into a wall in a core product. They have no idea what to do next. So they start testing randomly, and those pivots rarely pan out, because there's an infinite universe of possibilities to test, but v…”
Jun 18, 2015 bullish
Chiu: Top VCs hold winning investments past 50X for 1,000X potential
“But some of the best companies We'll have, we'll still have a very exciting growth curve ahead of them, even after these late stage investors have come in. And the greatest VCs know to identify which companies still have a lot of potential and hang on to their…”
Jun 18, 2015
Alan Chiu: Tech startups without post-v1 roadmaps get overtaken quickly
“So, how important it is to have a product roadmap, I think, is critical. Because you, in, in the technology space, it, your competitive landscape is extremely dynamic. If you only have enough ideas for the initial version of the product, and then you don't hav…”