customer

also referred to as: customers

20 statements across 20 episodes · 3 bullish · 5 bearish · 20 people on the record · first statement Mar 18, 2016 by Puneet Mehta · across every show →

Everything said about customer, oldest first

Mar 18, 2016
Assertion Partly supported
Mehta: 85% of support callers are put on hold, 67% hang up
“85% of customers were put on hold, 67% hung up, and 48% fell unhelped.”
Puneet Mehta Mar 18, 2016 ▶ 13:04 Pre-YC Demo Day: Msg.ai's Puneet Mehta on The Rise of AI, The Potential For Messaging and Life As A Current YC Startup
Jul 26, 2019 neutral
Insight
Norgard: Customer focus matters more than market cycles for product builders
“I'm usually thinking about the customer so aggressively, and I'm thinking about the promise to the customer so aggressively that these ups and downs in the market and the market cycles, they don't impact me as much. Clearly, you want to have capital. To weathe…”
Brian Norgard Jul 26, 2019 ▶ 6:51 20VC: Former Tinder CPO Brian Norgard on His Biggest Product Takeaways from Launching the Top Grossing App in the World, The Top 10 Reasons Why Products Fail Today & How The Best Founders Assess Risk and Use It
Oct 18, 2019 negative
Insight
Bahat: VCs requesting early customer calls is a bad sign for founders
“VCs who ask founders to talk to their customers right off the bat, I tell the founder like, whoa, slow that down a minute. Like that's a bad sign about the VC that they want to go for the sanctum sanctum. Before they've even had a chance to build trust.”
Roy Bahat Oct 18, 2019 ▶ 8:52 20VC Exclusive: Roy Bahat on Bloomberg Beta's New Fund, The Truth About Valuation That Very Few VCs Will Tell You & Why Founders of Venture Backed Startups Make The Best Angels
Sep 28, 2020
Insight
Palmer Luckey: Believe customers understand problems, not solutions
“Well, yeah, I think that one of our internal mantras is always believe that the customer understands what their problem is. Never believe that the customer understands what the best solution is.”
Palmer Luckey Sep 28, 2020 ▶ 16:27 20VC: Anduril Founder, Palmer Luckey: "I Am Here To Build a $50Bn Company", How Palmer Evaluates His Relationship To Money Pre & Post Oculus' $2.3Bn Exit & Why The US DOD Needs To Be More Like China in It's Approach
Mar 26, 2021 bearish
Prediction Partly held up
Velez predicts major neobank consolidation as consumers reduce financial apps
“Customers will have less apps in their phone, not more, and they will not have five banking relationships or 10 banking relationships or five different wallets. So I would expect a significant consolidation of that over the next few years”
David Vélez Mar 26, 2021 ▶ 23:22 20VC: Nubank CEO David Velez on Scaling Nubank to a $25BN Company, Why What Makes a Great Founder Does Not Make a Great CEO & The Responsibility Framework and How Leaders Can Use It To Drive Efficiency
Apr 15, 2022
Insight
Dubugras: Direct customer conversations are the sole source of strategic conviction
“And I think it's only by talking to customers that you build real conviction.”
Henrique Dubugras Apr 15, 2022 ▶ 22:05 20VC: Brex's Henrique Dubugras on Advice from Evan Spiegel and Eric Schmidt on CEOship, The Biggest Hiring Mistakes When Scaling, What Everyone Gets Wrong with Product Messaging and When is the Right Time to Launch Secondary Products
Jun 5, 2023 neutral
Prediction Not checkable as stated
TJ Parker: Consumers will eventually shop for healthcare like any other product
“I think that Customers are ultimately going to shop healthcare like they shop everything else, and that until, until that happens, like, healthcare is going to remain as fucked up as it is right now.”
TJ Parker Jun 5, 2023 ▶ 1:10:43 TJ Parker: Building PillPack, The First E-Commerce Pharmacy, to Amazon's $1B Acquisition | E1022 · 20VC with Harry Stebbings
Oct 24, 2023
Insight
Stebbings: Super horizontal product messaging makes customer acquisition much harder
“If you resonate, if you have super horizontal product messaging, It's much harder to resonate with people.”
Harry Stebbings Oct 24, 2023 ▶ 18:50 Harry debates Cloudflare CEO Matthew Prince: "Should startups target niche markets?" · 20VC with Harry Stebbings
Dec 6, 2023
Insight
Existing Customers Should Receive Product Betas Before Public Launch
“Market to your customers differently than to the market that your customers should already be probably on a beta before you even announce it to the market.”
Geoff Charles Dec 6, 2023 ▶ 28:27 Geoff Charles: How To Hire Product Teams & Increase Product Velocity | E1091 · 20VC with Harry Stebbings
Feb 21, 2024
Insight
Williamson: Listen to customer problems, but ignore their solution ideas
“Broadly speaking, listen to customers about their problems and generally ignore their recommendations around solution because they may not, building exactly what they want may not be the most elegant way to solve the problem.”
Scott Williamson Feb 21, 2024 ▶ 52:56 Scott Williamson: Hiring the Best Product People in Five Steps, Why the Best PMs are Writers | E1118 · 20VC with Harry Stebbings
Apr 17, 2024
Insight
Peng: Differentiation fails if customers cannot repeat it in one sentence
“But I think differentiation in the customer's voice. It's one thing for you to be able to say why your data lake is better than the others, but if your customer can't parrot that back to you in one sentence, then you haven't done your job yet.”
Vickie Peng Apr 17, 2024 ▶ 7:21 Vickie Peng: Why the Best Product People Actually Build Less Product? | E1141 · 20VC with Harry Stebbings
Apr 24, 2024
Insight
Zaparde: Startups Must Fire Customers That Deviate From Strategic Focus
“You absolutely should if you need to, and you should not close a certain type of customer, you should fire a customer.”
Rujul Zaparde Apr 24, 2024 ▶ 14:04 Rujul Zaparde: Why Hiring Inexperienced People is Better | E1144 · 20VC with Harry Stebbings
Jun 26, 2024
Insight
Bialecki: The best customer conversation opener is showing you are one of them
“I've always looked at, like, when you walk in a room to a customer, if you can ask them questions that show that you know who they are, that you're one of them, that's like the best, that's the best way to, you know, open up the conversation.”
Andrew Bialecki Jun 26, 2024 ▶ 12:32 Andrew Bialecki: Is Klaviyo the Most Under-Priced Public Company? | E1170 · 20VC with Harry Stebbings
Aug 23, 2024 negative
Insight
Outside sales reps belong in front of customers, not offices
“Functions like a, like an outside salesperson. You can't make them be in the office. I don't want them in the office. I want them in front of customers.”
Chad Peets Aug 23, 2024 ▶ 50:14 Chad Peets: Why Most Sales Reps Underperform & Remote Reps Ignore Development | E1193 · 20VC with Harry Stebbings
Sep 16, 2024 negative
Insight
Shah: Founders should avoid taking angel investment from customers
“Don't take money from customers, right? It's fraught with a conflict of interest.”
Shardul Shah Sep 16, 2024 ▶ 34:03 Shardul Shah: How Index Makes Decisions & Why Benchmarks & Averages in VC are BS | E1202 · 20VC with Harry Stebbings
Sep 27, 2024 negative
Insight
Mahtani: Leading with discounts hurts customers, companies, and reps
“I do not like to lead with discounting. It is a disservice to the customer and to the company and to you as a rep to lead with discount.”
Jeetu Mahtani Sep 27, 2024 ▶ 0:02 Jeetu Mahtani, Sales Leader @Hubspot: How and When to Go International and Crush It | E1207 · 20VC with Harry Stebbings
Jan 17, 2025 bullish
Assertion Supported
Monday.com's customers provided more funding than all its venture capital combined
“I think our customers has been the biggest investor of Monday. More money than we ever raised from investors.”
Eran Zinman Jan 17, 2025 ▶ 20:52 Eran Zinman, Co-Founder & Co-CEO @Monday.com: Going Upmarket, International and Multi-Product |E1247 · 20VC with Harry Stebbings
Oct 10, 2025 positive
Insight
Degnan: Sharing customer friction with engineers drives better product features
“And that transparency that I had around what I was doing, and they, I developed credibility with them, even though sometimes what I said was not always right, because I'm not this database expert, it made, made this relationship with these engineers strong, an…”
Chris Degnan Oct 10, 2025 ▶ 12:07 20Sales: Scaling Snowflake from $0-$3BN in ARR | Snowflake vs Databricks: My Biggest Lessons | Why Customer Success is BS and What Replaces It with Chris Chris Degnan
Nov 21, 2025
Insight
Altman: Founders Must Rely on Intuition Over Customer Requests
“The founder needs to have intuition of what they want. The customers aren't going to know.”
Max Altman Nov 21, 2025 ▶ 8:05 20VC: Max Altman on The New Seed War: Can Anyone Compete with Sequoia and a16z | Leaving $2BN on the Table with Reddit | Lessons from Backing Rippling at $25M Post | Why Climate Tech is a Mirage and Disaster
Jul 31, 2026 positive
Assertion Not checkable as stated
Park: Simile Customers Use Simulations to Avoid Multi-Hundred-Million-Dollar Blunders
“One of the core premise and one of the ways that our customers are actually finding value and simile is actually avoiding really damaging decisions that could have costed them hundreds of millions of dollars.”
Joon Sung Park Jul 31, 2026 ▶ 30:57 The AI Company Simulating the Entire Economy | Simile Co-founder & CEO, Joon Sung Park
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