David Marcus

5 statements across 1 episodes · 1 bullish · 1 bearish · 1 people on the record · first statement Apr 14, 2023 by David Marcus · said 6 times in 5 episodes since 2022 · across every show →

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

Mentions by year

brought up most by Harry Stebbings (2), Shervin Pishevar (1), Michael Eisenberg (1), Kevin Weil (1), Emil Michael (1)

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Everything said about David Marcus, oldest first

Apr 14, 2023 positive
Insight
Marcus: Naivety is essential for founders to achieve the seemingly impossible
“Oh, of course. It's essential because if you know too much for your own good, then you know all the things that are not possible. And that basically prevents you from doing the things that everyone else think are impossible. And that's one of the hallmark of e…”
David Marcus Apr 14, 2023 ▶ 4:08 David Marcus: How I Came to Lead PayPal; Why FB's Crypto Failed; How AI Fixes Inequality | E1001 · 20VC with Harry Stebbings
Apr 14, 2023
Assertion Partly supported
PayPal launched its first hardware product within six months under Marcus
“And in the span of six months or less, we basically had our product in the market, which was the first hardware product that PayPal had shipped.”
David Marcus Apr 14, 2023 ▶ 13:55 David Marcus: How I Came to Lead PayPal; Why FB's Crypto Failed; How AI Fixes Inequality | E1001 · 20VC with Harry Stebbings
Apr 14, 2023 negative
Insight
Marcus: Mid-sized European markets are the worst size for scaling tech startups
“But the reason I think it's harder is because, you know, if you start, let's say in France, then you have an addressable market that is, you know, basically the worst size, right? Because it's actually too big for you to branch out early. But too small for you…”
David Marcus Apr 14, 2023 ▶ 9:18 David Marcus: How I Came to Lead PayPal; Why FB's Crypto Failed; How AI Fixes Inequality | E1001 · 20VC with Harry Stebbings
Apr 14, 2023
Assertion Supported
Marcus: Acquirer of his first startup went bankrupt during his stock lockup
“We sold the company to a company that was listed on the NASDAQ was worth about Three, four billion dollars, which at the time was a lot. And then, you know, we did that deal. We took a stock payment for the acquisition and I had a 12 months lockup to get, you …”
David Marcus Apr 14, 2023 ▶ 5:01 David Marcus: How I Came to Lead PayPal; Why FB's Crypto Failed; How AI Fixes Inequality | E1001 · 20VC with Harry Stebbings
Apr 14, 2023
Disclosure
Marcus intentionally shocked PayPal's culture to force non-aligned employees out
“I proactively decided to do it in a brutal way as I wanted it to be a shock to the culture so that it became uncomfortable to the people who wouldn't be a cultural fit for the company.”
David Marcus Apr 14, 2023 ▶ 16:17 David Marcus: How I Came to Lead PayPal; Why FB's Crypto Failed; How AI Fixes Inequality | E1001 · 20VC with Harry Stebbings
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