Byron Deeter

33 statements across 6 episodes · 14 bullish · 8 bearish · 4 people on the record · first statement May 2, 2016 by Byron Deeter · said 87 times in 29 episodes since 2016 · across every show →

On the record as a speaker too: Byron Deeter's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Harry Stebbings (30), Ara Mahdessian (23), Jason Lemkin (14), David Cohen (3), Anna Khan (3), Rachel Carlson (2), Hans Tung (2), Tooey Courtemanche (1)

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04820162017201820192020202120222023202420252026episodes it came up in
005410820162017201820192020202120222023202420252026episodesmentions per episode
2026 3 mentions in 2 episodes 2 per episode
2025 9 mentions in 4 episodes 2 per episode
2024 28 mentions in 3 episodes 9 per episode
2023 13 mentions in 7 episodes 2 per episode
2022 2 mentions in 2 episodes 1 per episode
2021 4 mentions in 2 episodes 2 per episode
2020 7 mentions in 2 episodes 4 per episode
2019 12 mentions in 3 episodes 4 per episode
2018 2 mentions in 1 episode
2017 6 mentions in 2 episodes 3 per episode
2016 1 mention in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Byron Deeter, oldest first

May 2, 2016 negative
Insight
Deeter: Outbidding competition for tech talent is an unwinnable arms race
“Really the primary job of the CEO obviously is to hire a great team, but you do that not by outbidding your competition in this market. That's an unwinnable arms race. You need to pay fair market economics, but really what you need to do is compel them by the …”
Byron Deeter May 2, 2016 ▶ 6:32 20VC: Bessemer's Byron Deeter on The Commonalities Of Truly Great Founders and Learnings From Investing In Box, Twilio and GainSight
May 2, 2016
Disclosure
Deeter: Bessemer Venture Partners has made 105 cloud investments
“This is one of the points that I try to highlight in our 10 laws of cloud computing within investment framework, pattern recognition across now our 105 cloud investments we've done.”
Byron Deeter May 2, 2016 ▶ 6:22 20VC: Bessemer's Byron Deeter on The Commonalities Of Truly Great Founders and Learnings From Investing In Box, Twilio and GainSight
Jul 8, 2019
Insight
Public company boards should spend half their time on strategy
“Preserving the time for the strategic stuff is the most important actual use of the boardroom members, and so, for private companies, that ratio tends to be the vast majority, and the update part is very modest, and when you get to the public side, at least tr…”
Byron Deeter Jul 8, 2019 ▶ 24:02 20VC: Bessemer's Byron Deeter On Lessons From Investing in 14 $Bn Companies, What The Heck Is Going On In Cloud Today and Why Cloud IPO Floodgates Are About To Burst Open
Jul 8, 2019
Assertion Supported
Adaptive Insights took a $1.6B Workday acquisition three days pre-IPO
“Including Adaptive Insights, by the way, last year, who was three days away from going public, and then instead chose to take the Workday offered a 1,000,000,006 instead.”
Byron Deeter Jul 8, 2019 ▶ 15:30 20VC: Bessemer's Byron Deeter On Lessons From Investing in 14 $Bn Companies, What The Heck Is Going On In Cloud Today and Why Cloud IPO Floodgates Are About To Burst Open
Jul 8, 2019
Insight
Team misalignment causes Bessemer's most painful investment losses
“The team really is our number one factor and where we've lost money or where we've had very painful experiences along the way is where We just got out of sync with the team or didn't fully understand where the team was headed.”
Byron Deeter Jul 8, 2019 ▶ 15:45 20VC: Bessemer's Byron Deeter On Lessons From Investing in 14 $Bn Companies, What The Heck Is Going On In Cloud Today and Why Cloud IPO Floodgates Are About To Burst Open
Jul 8, 2019
Disclosure
Bessemer passed on Tesla after failing to foresee its financial viability
“Tesla is the one that is front and center for me. I'm a car geek at hard. I love hardware products, and spent a lot of time with them early on, and just couldn't see the path to viability of the high-end car in a tough automotive time, so I bought the first ca…”
Byron Deeter Jul 8, 2019 ▶ 28:23 20VC: Bessemer's Byron Deeter On Lessons From Investing in 14 $Bn Companies, What The Heck Is Going On In Cloud Today and Why Cloud IPO Floodgates Are About To Burst Open
Jul 8, 2019 bullish
Prediction Held up
Multiple $10B+ private cloud companies will soon transition to public markets
“You're going to see these Ten billion dollar plus caliber companies starting to flip from private to public, and the lights will turn on on this segment in a way that public market investors and, frankly, the community more broadly doesn't yet fully appreciate”
Byron Deeter Jul 8, 2019 ▶ 10:06 20VC: Bessemer's Byron Deeter On Lessons From Investing in 14 $Bn Companies, What The Heck Is Going On In Cloud Today and Why Cloud IPO Floodgates Are About To Burst Open
Jul 8, 2019 positive
Assertion Supported
Deeter has 14 billion-dollar investments including eight IPOs
“14 won four of Byron's investments are valued above one billion dollars, including eight IPOs and counting.”
Harry Stebbings Jul 8, 2019 ▶ 0:34 20VC: Bessemer's Byron Deeter On Lessons From Investing in 14 $Bn Companies, What The Heck Is Going On In Cloud Today and Why Cloud IPO Floodgates Are About To Burst Open
Jul 8, 2019 positive
Insight
Capital-efficient startups pull away from competitors in down markets
“However, in the medium to down markets, you will be disproportionately rewarded, because investors will flock to quality, and you will have the ability to invest in your model when others don't. As the cost of capital spikes in the market, the efficient busine…”
Byron Deeter Jul 8, 2019 ▶ 14:22 20VC: Bessemer's Byron Deeter On Lessons From Investing in 14 $Bn Companies, What The Heck Is Going On In Cloud Today and Why Cloud IPO Floodgates Are About To Burst Open
Jul 8, 2019 neutral
Assertion Supported
Bessemer data shows tech foundings are evenly spread while exits cluster
“And we've actually empirically modeled this. If you look at founding dates of the great companies that we think of across tech, and it's amazingly even across cycles, what you tend to see those that exits do cluster.”
Byron Deeter Jul 8, 2019 ▶ 6:03 20VC: Bessemer's Byron Deeter On Lessons From Investing in 14 $Bn Companies, What The Heck Is Going On In Cloud Today and Why Cloud IPO Floodgates Are About To Burst Open
Jul 8, 2019 bullish
Prediction Not checkable as stated
Deeter predicts automated bookkeeping startup ScaleFactor will become a household name
“So the most recently announced one is a small company in Austin That people probably haven't heard of yet called scale factor, which I firmly believe will be a household name in the coming years.”
Byron Deeter Jul 8, 2019 ▶ 29:32 20VC: Bessemer's Byron Deeter On Lessons From Investing in 14 $Bn Companies, What The Heck Is Going On In Cloud Today and Why Cloud IPO Floodgates Are About To Burst Open
Jul 8, 2019 positive
Disclosure
Bessemer avoids market timing to pay fair prices for visionaries
“Great companies are built in all markets, and so I've really given up trying to time markets either as a founder or as an investor, and my point of view is Find great people with big vision and pay the fair market price, and generally, really good things happe…”
Byron Deeter Jul 8, 2019 ▶ 4:51 20VC: Bessemer's Byron Deeter On Lessons From Investing in 14 $Bn Companies, What The Heck Is Going On In Cloud Today and Why Cloud IPO Floodgates Are About To Burst Open
Jan 10, 2020
Disclosure
Rathmann refused Zoom partner meetings with Bessemer and Coatue
“Byron would tell you, and I think Thomas from KOTU as well as, you know, as we were going through the partner meeting process, it was, you know, they're sending a zoom link over and saying, Hey, you know, just zoom in at this time. And that'll be that. And I s…”
Kurt Rathmann Jan 10, 2020 ▶ 28:28 20VC: Raising $105m in Just 13 Months Over 3 Separate Rounds, The 5 Core Ways VCs Can Add Value & How Founders Can and Should Fully Leverage Their Cap Table with Kurt Rathmann, Founder & CEO @ ScaleFactor
May 27, 2021 positive
Assertion Supported
Byron Deeter Has Backed 19 Unicorns and 10 IPOs
“With 19 of Byron's investments, valued at over a billion dollars, including 10 IPOs and counting.”
Harry Stebbings May 27, 2021 ▶ 0:29 20VC: The Twilio Memo: Bessemer's Byron Deeter on How a $125K Initial Check Became Bessemer's Largest Position, What The Influx of Late-Stage Capital Means For Venture Today & Why The Incumbent Advantage Is Now An Incumbent Disadvantage
May 27, 2021 bullish
Disclosure
Twilio Built Software Layers to Avoid Becoming a Commoditized Infrastructure Pipe
“The commoditization of communications or the migration of their larger customers. So I think you asked a very insightful question along the way, which I probably didn't give enough due to, which is we worried about that very heavily. And so part of our Preempt…”
Byron Deeter May 27, 2021 ▶ 36:32 20VC: The Twilio Memo: Bessemer's Byron Deeter on How a $125K Initial Check Became Bessemer's Largest Position, What The Influx of Late-Stage Capital Means For Venture Today & Why The Incumbent Advantage Is Now An Incumbent Disadvantage
May 27, 2021 negative
Insight
Hiring a Big-Company CRO Too Early Disadvantages Early-Stage Startups
“And so hiring the big company CRO at that point is not only overkill, but it probably sets you up at a disadvantage because they're going to be disconnected. They're going to be layering in other execs. They're going to be working on process when really you ne…”
Byron Deeter May 27, 2021 ▶ 20:33 20VC: The Twilio Memo: Bessemer's Byron Deeter on How a $125K Initial Check Became Bessemer's Largest Position, What The Influx of Late-Stage Capital Means For Venture Today & Why The Incumbent Advantage Is Now An Incumbent Disadvantage
May 27, 2021 bullish
Prediction Didn’t hold up
Cloud Companies Will Absorb Multiple Compression Through Strong Revenue Growth
“These companies are growing at north of 40% on the public side, and on the private side, usually growing 80 to a hundred percent plus for the best companies, and so you can absorb some multiple compression and still compound value and be a win for everyone inv…”
Byron Deeter May 27, 2021 ▶ 34:04 20VC: The Twilio Memo: Bessemer's Byron Deeter on How a $125K Initial Check Became Bessemer's Largest Position, What The Influx of Late-Stage Capital Means For Venture Today & Why The Incumbent Advantage Is Now An Incumbent Disadvantage
May 27, 2021 neutral
Insight
Startups Facing Preemptive Term Sheets Should Raise Half-Rounds Ahead
“Raise a half round ahead, not a full round ahead. So this idea of if you can envision deploying more capital and initially we are going to raise this money to get through these phases, let's think about the intermediate milestones where we can then go out and …”
Byron Deeter May 27, 2021 ▶ 32:10 20VC: The Twilio Memo: Bessemer's Byron Deeter on How a $125K Initial Check Became Bessemer's Largest Position, What The Influx of Late-Stage Capital Means For Venture Today & Why The Incumbent Advantage Is Now An Incumbent Disadvantage
May 27, 2021 bearish
Insight
Tech Incumbents Face an Incumbent Disadvantage Against Lean Startups
“When realizing that this notion of an incumbent advantage, I firmly believe now is an incumbent disadvantage. It is really hard to beat a focused, you know, lean team with their head down going after a problem set.”
Byron Deeter May 27, 2021 ▶ 9:12 20VC: The Twilio Memo: Bessemer's Byron Deeter on How a $125K Initial Check Became Bessemer's Largest Position, What The Influx of Late-Stage Capital Means For Venture Today & Why The Incumbent Advantage Is Now An Incumbent Disadvantage
May 27, 2021 bearish
Assertion Supported
Cloud Valuations Over 20x Revenue and Snowflake at 80x Are Unsustainable
“The average multiple is trading north of twenty-x revenue, and you look at a snowflake that's trading at 80 times revenue. That's not sustainable.”
Byron Deeter May 27, 2021 ▶ 33:46 20VC: The Twilio Memo: Bessemer's Byron Deeter on How a $125K Initial Check Became Bessemer's Largest Position, What The Influx of Late-Stage Capital Means For Venture Today & Why The Incumbent Advantage Is Now An Incumbent Disadvantage
May 27, 2021 negative
Insight
Founders Cannot Outsource Early GTM Discovery to Early Sales Hires
“And you can't outsource that to your sales team early, or you're going to lose the magic. You're going to lose the insights, and you're going to shoot the rocket off, 10 degrees off target, even if it's working.”
Byron Deeter May 27, 2021 ▶ 22:15 20VC: The Twilio Memo: Bessemer's Byron Deeter on How a $125K Initial Check Became Bessemer's Largest Position, What The Influx of Late-Stage Capital Means For Venture Today & Why The Incumbent Advantage Is Now An Incumbent Disadvantage
Jun 28, 2021
Assertion Supported
Major telecom carriers launched API side projects during Twilio's early years
“And actually it's during the period of time Byron was talking about almost every major carrier did have an API program, believe it or not, but it were like small side project.”
Jeff Lawson Jun 28, 2021 ▶ 24:48 20VC: Twilio's Jeff Lawson on What It Takes To Create a Tribe, How To Create Anti-Fragile Organisations Through Decentralised Decision-Making and Why Values Are Nice But Principles Are Better
Aug 25, 2025 bearish
Prediction Not checkable as stated
Deeter: Vast majority of mature private software companies won't go public
“Vast majority are not going to get public and consolidation will make sense because at the core, a lot of these businesses are very high gross margin and are run pretty inefficiently because we've got a growth mindset and we're certainly not optimizing for cos…”
Byron Deeter Aug 25, 2025 ▶ 1:10:29 BVP Partner, Byron Deeter: The Future of Venture - Why Chanel vs Walmart is BS · 20VC with Harry Stebbings
Aug 25, 2025 bullish
Prediction Held up
Deeter: AI will mirror top scientists' reasoning within 18 months
“The curve is still up into the right, without a doubt, and I do believe that we will cross over this term. You know, people use you know various different terms about you know, levels of reasoning and awareness and AGI and the like. I have no doubt we're, if w…”
Byron Deeter Aug 25, 2025 ▶ 30:10 BVP Partner, Byron Deeter: The Future of Venture - Why Chanel vs Walmart is BS · 20VC with Harry Stebbings
Aug 25, 2025 bullish
Prediction Held up
Deeter: 10-Person Micro-Businesses Will Reach Billion-Dollar Valuations
“I think we're going to see the era of the micro business. I think that we're going to have, you know, 10 person companies that are crossing billion dollar valuations and, you know, kids in schools are going to be able to launch businesses in real time in, in w…”
Byron Deeter Aug 25, 2025 ▶ 19:19 BVP Partner, Byron Deeter: The Future of Venture - Why Chanel vs Walmart is BS · 20VC with Harry Stebbings
Aug 25, 2025 bullish
Prediction Open · timeframe Aug 2028
Deeter: Anthropic will be valued over $1 trillion within three years
“I mean, we put our money where our mouth is. We've been a buyer. So over, and that's again, like we a year ago when we were buyers, we still wouldn't have didn't conceive of that.”
Byron Deeter Aug 25, 2025 ▶ 1:22:03 BVP Partner, Byron Deeter: The Future of Venture - Why Chanel vs Walmart is BS · 20VC with Harry Stebbings
Aug 25, 2025 bullish
Prediction Not checkable as stated
Deeter: AI Will Produce Multiple Trillion-Dollar Companies
“I think there's going to be a lot of trillion dollar businesses that are created from this.”
Byron Deeter Aug 25, 2025 ▶ 1:21:00 BVP Partner, Byron Deeter: The Future of Venture - Why Chanel vs Walmart is BS · 20VC with Harry Stebbings
Aug 25, 2025 positive
Assertion Contradicted
Deeter: Canva and Intercom AI products generate hundreds of millions
“I look at a company like a Canva, or I look at a company like Intercom that's at a scale where in some ways they're already becoming an incumbent in those markets, and yet they're disrupting themselves at awesome rates and have AI products that are already, yo…”
Byron Deeter Aug 25, 2025 ▶ 13:23 BVP Partner, Byron Deeter: The Future of Venture - Why Chanel vs Walmart is BS · 20VC with Harry Stebbings
Aug 25, 2025
Assertion Partly supported
Deeter: First three VC investments failed before next two hit billion-dollar IPOs
“I had my first three investments were all very bad. My next two ended up being, you know, billion dollar IPOs.”
Byron Deeter Aug 25, 2025 ▶ 1:04:00 BVP Partner, Byron Deeter: The Future of Venture - Why Chanel vs Walmart is BS · 20VC with Harry Stebbings
Aug 25, 2025 bullish
Assertion Not checkable as stated
Deeter: Anthropic's revenue growth trajectory is unprecedented in tech history
“Like, when you actually see the anthropic numbers that he's now sharing, and like, this is real, and, you know, their path to billions and billions in revenue, and, you know, really compelling unit economics, I just, we have never seen this in the history of o…”
Byron Deeter Aug 25, 2025 ▶ 1:21:36 BVP Partner, Byron Deeter: The Future of Venture - Why Chanel vs Walmart is BS · 20VC with Harry Stebbings
Aug 25, 2025 negative
Disclosure
Deeter: My first Bessemer investment roadmap was in zero-trillion-dollar RFID market
“My first roadmap at Bessemer was RFID, radio frequency identification, which was and is a zero trillion dollar market.”
Byron Deeter Aug 25, 2025 ▶ 1:03:14 BVP Partner, Byron Deeter: The Future of Venture - Why Chanel vs Walmart is BS · 20VC with Harry Stebbings
Aug 25, 2025 negative
Disclosure
Deeter: Passed on Tesla Over Roadster Unit Economics
“One of the most famous and most painful for me was Tesla early on. It's on my anti-portfolio. If you go to the Bessemer website, we have a page dedicated to our screw ups, and that's one of mine. And it was because I couldn't fundamentally see how the unit eco…”
Byron Deeter Aug 25, 2025 ▶ 35:21 BVP Partner, Byron Deeter: The Future of Venture - Why Chanel vs Walmart is BS · 20VC with Harry Stebbings
Aug 25, 2025 neutral
Assertion Supported
Deeter: Cornerstone On Demand went public with $50M ARR and $700M market cap
“My very first IPO, Cornerstone On Demand, you know, went public with fifty million of ARR, and I think with seven hundred million market cap, and they traded up to billions over time.”
Byron Deeter Aug 25, 2025 ▶ 37:56 BVP Partner, Byron Deeter: The Future of Venture - Why Chanel vs Walmart is BS · 20VC with Harry Stebbings
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