Clay

18 statements across 9 episodes · 10 bullish · 2 bearish · 6 people on the record · first statement Jun 7, 2024 by Ashley Kelly · said 127 times in 25 episodes since 2024 · across every show →

Mentions by year

brought up most by Harry Stebbings (75), Becca Lindquist (21), Jason Lemkin (16), David Cahn (6), Kyle Norton (2), Bucky Moore (2), Ashley Kelly (1)

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2026 78 mentions in 14 episodes 6 per episode
2025 48 mentions in 10 episodes 5 per episode
2024 1 mention in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Clay, oldest first

Jun 7, 2024 positive
Disclosure
Rippling recently started using Clay for outbound personalization
“We just started using clay to help with personalization.”
Ashley Kelly Jun 7, 2024 ▶ 25:27 Ashley Kelly: The Playbook to Start and Scale Your SDR Team | E1162 · 20VC with Harry Stebbings
May 5, 2025 positive
Assertion Supported
Moore: Clay experienced 5-6 years of stagnant growth before taking off
“Clay is this company that's growing very, very fast on the sales tech side. And if I'm not mistaken, it was like five or six years of very little to no growth before before it took off.”
Bucky Moore May 5, 2025 ▶ 26:40 Bucky Moore @ Lightspeed Venture Partners: Why You Cannot Do VC If You Do Not Do Pre-Seed · 20VC with Harry Stebbings
May 15, 2025 positive
Assertion Supported
Stebbings: Clay Completed $1.5B Employee Secondary Transaction Led by Sequoia
“Clay obviously did this kind of billion and a half dollar priced transaction. I think it was employees secondaries with Sequoia.”
Harry Stebbings May 15, 2025 ▶ 1:06:45 OpenAI, SBF & Perplexity: What VCs Know That You Don’t · 20VC with Harry Stebbings
May 15, 2025 bullish
What-if
Lemkin: Clay Should Raise $100M and Go Scorched Earth
“So I would armor up if I were Clay. I would hire everybody. I would raise another hundred million and I would just scorch earth everyone in the space.”
Jason Lemkin May 15, 2025 ▶ 1:10:51 OpenAI, SBF & Perplexity: What VCs Know That You Don’t · 20VC with Harry Stebbings
Jun 26, 2025 negative
Assertion Partly supported
Lemkin: Clay requires a multi-month deployment and $50k agency fee
“Clay is like a six, you know, multi-month deployment period with an agency that you pay 50 grand to, right?”
Jason Lemkin Jun 26, 2025 ▶ 55:27 Navan Files to Go Public and Canva Pulls the Brakes: Why and What Happens? · 20VC with Harry Stebbings
Aug 7, 2025 positive
Assertion Supported
Lemkin: Clay raised $100M at a $3B valuation
“Clay just did around at three billion, which is a stunning growth too, right? But they sold a hundred million, right?”
Jason Lemkin Aug 7, 2025 ▶ 1:14:07 Figma's 250% Pop - The Greatest IPO Mispricing Ever? Meta & Microsoft Blowout Quarters: Broken Down · 20VC with Harry Stebbings
Oct 27, 2025 bullish
Assertion Open · timeframe Oct 2027
Cahn: Harvey, Open Evidence, Clay, and Juicebox are reaching $100M ARR rapidly
“Companies that are on that trajectory or have crossed that trajectory are companies like Harvey and Open Evidence and I think, and Clay and Juicebox.”
David Cahn Oct 27, 2025 ▶ 40:44 Sequoia Partner, David Cahn on Who Wins in AI, Defence & The New $0–$100M Playbook · 20VC with Harry Stebbings
Oct 27, 2025 bullish
Disclosure
Cahn: Led Sequoia's investment in Clay at $1B+ valuation after long pivot
“Sequoia invested at the Series A in, I think, 2019. The company spent three or four years in the wilderness really figuring it out. I look at Kareem, I think the man is, like, enlightened from this experience. Like, a super painful experience. Varun ended up j…”
David Cahn Oct 27, 2025 ▶ 43:51 Sequoia Partner, David Cahn on Who Wins in AI, Defence & The New $0–$100M Playbook · 20VC with Harry Stebbings
May 2, 2026 positive
Disclosure
Lindquist: Clay gives employees Ramp cards instantly to test AI tools
“If you work at Clay, and you want to try out a new AI tool, you can just go into a channel and say, can I have a ramp card to try this tool out? And they'll give you a ramp card. Like, no questions asked.”
Becca Lindquist May 2, 2026 ▶ 56:19 Inside Clay's Sales Playbook | Becca Lindquist · 20VC with Harry Stebbings
May 2, 2026
Insight
Lindquist: A real sales champion must satisfy three strict criteria
“It's, they're selling for you when you're not in the room, they have access and influence over the EB, and they have a personal win.”
Becca Lindquist May 2, 2026 ▶ 43:01 Inside Clay's Sales Playbook | Becca Lindquist · 20VC with Harry Stebbings
May 2, 2026
Insight
Lindquist: Defensiveness during interview feedback is the ultimate hiring red flag
“If someone's really defensive, that's actually the biggest red flag.”
Becca Lindquist May 2, 2026 ▶ 13:09 Inside Clay's Sales Playbook | Becca Lindquist · 20VC with Harry Stebbings
May 2, 2026 positive
Assertion Not publicly verifiable
Lindquist: Clay had near-200% NDR and zero churn when she joined
“And like the metrics that I got, I think I can share like, They're like, we haven't churned a customer. Our NDR is close to 200%.”
Becca Lindquist May 2, 2026 ▶ 23:41 Inside Clay's Sales Playbook | Becca Lindquist · 20VC with Harry Stebbings
May 2, 2026
Disclosure
Lindquist: Clay's quota-to-OTE ratio is seven and a half
“Our quota to OT ratio is like seven and a half.”
Becca Lindquist May 2, 2026 ▶ 0:15 Inside Clay's Sales Playbook | Becca Lindquist · 20VC with Harry Stebbings
May 2, 2026 neutral
Insight
Lindquist: Standalone AI models cannot replace GTM platforms at team scale
“Have you ever tried to like get a hundred people to do something different, to change something, to iterate in the same way that you iterate? Good luck. Because we're still humans, right?”
Becca Lindquist May 2, 2026 ▶ 1:04:47 Inside Clay's Sales Playbook | Becca Lindquist · 20VC with Harry Stebbings
May 2, 2026 positive
Insight
Lindquist: Sales reps should be comped on net dollars to protect unit economics
“My favorite model is you sell the deal, you're renewing the deal, you're comped on net dollars. So what that does is that incentivizes the rep to have, to sell a good deal, right? And protect your unit economics.”
Becca Lindquist May 2, 2026 ▶ 50:18 Inside Clay's Sales Playbook | Becca Lindquist · 20VC with Harry Stebbings
May 14, 2026 negative
Assertion Supported
Lemkin: ZoomInfo's market growth was stolen by Clay and competing tools
“Zoom Info's growth was stolen from it from Clay and friends, and it's a brutal case study.”
Jason Lemkin May 14, 2026 ▶ 43:28 Anthropic Buys Compute From Elon & Commits $200BN to Google | Cerebras IPO | Ramp Raises at $40BN · 20VC with Harry Stebbings
Sep 3, 2026 neutral
Disclosure
Stebbings: 20VC Invested in Clay at Around a $300M Valuation
“We have it through 20 sales fund. I think at like 300.”
Harry Stebbings Sep 3, 2026 ▶ 1:09:42 NVIDIA Crushes Quarter | OpenAI Cuts Off Cursor | Instinct Hits $2.5B Valuation
Sep 3, 2026 neutral
Assertion Supported
Clay Reportedly Raising at $7B Valuation Led by Wellington
“Clay raising at seven billion by Wellington.”
Harry Stebbings Sep 3, 2026 ▶ 1:06:16 NVIDIA Crushes Quarter | OpenAI Cuts Off Cursor | Instinct Hits $2.5B Valuation
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