Chris Paik

12 statements across 1 episodes · 2 bullish · 4 bearish · 1 people on the record · first statement May 9, 2023 by Chris Paik · said 7 times in 4 episodes since 2015 · across every show →

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

Mentions by year

brought up most by Harry Stebbings (4), Phin Barnes (2), Nicholas Chirls (1)

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every mention, scene by scene, with the transcript →

Everything said about Chris Paik, oldest first

May 9, 2023 neutral
Assertion Supported
Paik: Thrive Capital's first venture fund was only $10 million
“At Thrive Capital at the time, it was a ten million dollar fund.”
Chris Paik May 9, 2023 ▶ 4:06 Chris Paik: How I Raised $400M; Substack's Broken Business Model; Music on TikTok vs IG | E1011 · 20VC with Harry Stebbings
May 9, 2023 bearish
Insight
Paik: Social graphs are becoming obsolete compared to content recommendation engines
“The social graph works and worked because of the idea that who people select for in their social graph is a proxy for their interest. And so in some ways you are using somebody's social graph as spark notes for the integral, the fully like, you know, my new in…”
Chris Paik May 9, 2023 ▶ 35:35 Chris Paik: How I Raised $400M; Substack's Broken Business Model; Music on TikTok vs IG | E1011 · 20VC with Harry Stebbings
May 9, 2023 neutral
Insight
Paik: Misalignments peak when venture participants play final-round games
“I think the Mac, the areas of maximum misalignment are when it feels like the reputation does not carry over in between iterations of the game, or that's the final iteration of the game that any one participant is playing for. Because then people are incentivi…”
Chris Paik May 9, 2023 ▶ 1:38:41 Chris Paik: How I Raised $400M; Substack's Broken Business Model; Music on TikTok vs IG | E1011 · 20VC with Harry Stebbings
May 9, 2023
Insight
Paik: A company's virtuousness is inversely related to its enterprise value
“This is, like, probably contentious but one of my frameworks is, I think that the, like, virtuousness of a company is inversely related to its enterprise value.”
Chris Paik May 9, 2023 ▶ 39:15 Chris Paik: How I Raised $400M; Substack's Broken Business Model; Music on TikTok vs IG | E1011 · 20VC with Harry Stebbings
May 9, 2023
What-if
Paik: TikTok could not exist before Twitter due to bandwidth constraints
“There's a very clear reason why the order of founding went from Twitter first, to Instagram, to Snapchat, to TikTok. And it is because mobile as infrastructure and bandwidth in its earliest stages, supported the lowest packet size, text. And then next compress…”
Chris Paik May 9, 2023 ▶ 1:17:30 Chris Paik: How I Raised $400M; Substack's Broken Business Model; Music on TikTok vs IG | E1011 · 20VC with Harry Stebbings
May 9, 2023
Insight
Paik: All human behavior is driven by the seven deadly sins
“I actually think the seven deadly sins are really core motivators. They describe why people do things. And I would go far as far to say, like, honestly, They're the only reasons why people do things. I think it's possible to distill down any individual behavio…”
Chris Paik May 9, 2023 ▶ 37:43 Chris Paik: How I Raised $400M; Substack's Broken Business Model; Music on TikTok vs IG | E1011 · 20VC with Harry Stebbings
May 9, 2023 neutral
Assertion Supported
Paik: Twitch was my first board seat at age 25
“The first board I ever sat on was Twitch. I was 2005 or 26.”
Chris Paik May 9, 2023 ▶ 6:31 Chris Paik: How I Raised $400M; Substack's Broken Business Model; Music on TikTok vs IG | E1011 · 20VC with Harry Stebbings
May 9, 2023 positive
Insight
Paik: DoorDash and Instacart succeed by price-discriminating consumer laziness
“The genius behind Instacart and DoorDash and other companies like that is that they, Perfectly price discriminate laziness and the value of like a leisure hour.”
Chris Paik May 9, 2023 ▶ 31:00 Chris Paik: How I Raised $400M; Substack's Broken Business Model; Music on TikTok vs IG | E1011 · 20VC with Harry Stebbings
May 9, 2023 positive
Insight
Paik: Startup moats are intentional and embedded in product from day one
“So if you were to look at the system design behind companies that ultimately developed modes at scale, it's not something that like happens magically overnight once the company's up and running. It's like embedded in the core product from day one. And so I thi…”
Chris Paik May 9, 2023 ▶ 1:11:36 Chris Paik: How I Raised $400M; Substack's Broken Business Model; Music on TikTok vs IG | E1011 · 20VC with Harry Stebbings
May 9, 2023 bearish
Prediction Open · timeframe May 2033
Paik: Multi-billion dollar bloated VC funds will unwind over a decade
“I don't think all, I almost, like, definitionally, I don't think all of them make it. I think we're gonna see over the next, here's the thing, like, it's gonna take a long time, it's gonna take a decade plus for this stuff to unwind, but they're gonna get lost…”
Chris Paik May 9, 2023 ▶ 1:34:44 Chris Paik: How I Raised $400M; Substack's Broken Business Model; Music on TikTok vs IG | E1011 · 20VC with Harry Stebbings
May 9, 2023 negative
Insight
Paik: Acquisition retention packages create founder-VC incentive misalignment
“One of the biggest areas of misalignment between founders and investors is probably management incentive in an acquisition. So management incentive in acquisition is basically when the acquiring company says you, the management team will have this compensation…”
Chris Paik May 9, 2023 ▶ 1:36:03 Chris Paik: How I Raised $400M; Substack's Broken Business Model; Music on TikTok vs IG | E1011 · 20VC with Harry Stebbings
May 9, 2023 negative
Insight
Paik: Companies that can be described in one sentence lack ambition
“If everything that a company is doing and building can really be accurately described in a single sentence, it's probably too one dimensional. It's probably not Ambitious enough.”
Chris Paik May 9, 2023 ▶ 23:47 Chris Paik: How I Raised $400M; Substack's Broken Business Model; Music on TikTok vs IG | E1011 · 20VC with Harry Stebbings
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