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budget

3 statements across 3 episodes · 0 bullish · 3 bearish · 3 people on the record · first statement Nov 11, 2016 by Jay Desai · across every show →

Everything said about budget, oldest first

Nov 11, 2016 negative
Insight
Desai: Allocating budgets is the fastest way to waste company money
“I've found that there is no faster way for money to disappear Then allocate a budget against something.”
Jay Desai Nov 11, 2016 ▶ 18:29 20VC: VC / Founder Fit with 3 Things Founders & VCs Must Agree Pre-Investment & Why Having No Company Budgets Creates Internal Entrepreneurs with Jay Desai, Founder & CEO @ PatientPing
Dec 16, 2024 negative
Prediction Held up
Hoffman: DOGE has zero chance of cutting $2T without defense cuts
“There is next to zero chance that the missions that they have declared will be successful because the only way to get two trillion out of the budget would be to massively reduce the deficit and reduce defense spending.”
Reid Hoffman Dec 16, 2024 ▶ 0:04 Reid Hoffman, LinkedIn & Paypal Founder: Trump Administration, Elon Musk and DOGE | E1239 · 20VC with Harry Stebbings
Feb 12, 2025 negative
Insight
Giving budgets to employees encourages irresponsible spending
“If you give budget to people, they will just spend the budget. They won't have any responsibility or whatever. If you don't give them budget, they will have to spend responsibly.”
Fabien Pinckaers Feb 12, 2025 ▶ 22:56 Fabien Pinckaers, CEO @Odoo: The Billionaire Founder Who Doesn’t Care About Money | E1259 · 20VC with Harry Stebbings
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