Eric Paley

34 statements across 7 episodes · 11 bullish · 15 bearish · 5 people on the record · first statement Nov 18, 2015 by Eric Paley · said 97 times in 18 episodes since 2015 · across every show →

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

Mentions by year

brought up most by David Frankel (58), Harry Stebbings (29), Micah Rosenbloom (4), Chris Dixon (4), Roger Ehrenberg (1), Beezer Clarkson (1)

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2026 5 mentions in 1 episode
2024 23 mentions in 3 episodes 8 per episode
2023 3 mentions in 1 episode
2022 19 mentions in 2 episodes 10 per episode
2020 1 mention in 1 episode
2018 15 mentions in 4 episodes 4 per episode
2017 14 mentions in 2 episodes 7 per episode
2016 2 mentions in 2 episodes 1 per episode
2015 15 mentions in 2 episodes 8 per episode

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Everything said about Eric Paley, oldest first

Nov 18, 2015 bearish
Opinion
Eric Paley says tech founders and investors are currently overconfident
“I think in really good times, you feel extremely, you know, probably People feel a little overconfident. Right now, it's probably one of those times”
Eric Paley Nov 18, 2015 ▶ 2:24 20 VC 089: Eric Paley @ Founder Collective on Outliers, Inspirational Founders and Pro Rata
Nov 18, 2015 bullish
Assertion Not checkable as stated
David Frankel and Eric Paley's angel portfolio quadrupled top-quartile VC returns
“We saw that that body of that portfolio, that body of work was performing way better. I mean, four times as well as these top quartile PCs”
Eric Paley Nov 18, 2015 ▶ 9:04 20 VC 089: Eric Paley @ Founder Collective on Outliers, Inspirational Founders and Pro Rata
Nov 23, 2016 positive
Insight
Customers validate startups, not venture capital, says Eric Paley
“Ultimately, your customers validate your business. Venture capital doesn't.”
Eric Paley Nov 23, 2016 ▶ 5:04 20VC: Venture Capital Is One Hell Of A Drug, What VCs Expect From Founders Once They Have Raised & Why Customers Validate Your Business Not Venture Capital with Eric Paley, Managing Partner @ Founder Collective
Nov 23, 2016 negative
Insight
Paley says the 'go big or go home' mentality is not required
“I've never believed that go big or go home is a requirement to building a big company.”
Eric Paley Nov 23, 2016 ▶ 15:42 20VC: Venture Capital Is One Hell Of A Drug, What VCs Expect From Founders Once They Have Raised & Why Customers Validate Your Business Not Venture Capital with Eric Paley, Managing Partner @ Founder Collective
Nov 23, 2016 positive
Insight
Eric Paley says extending runway is the healthiest use of additional capital
“Yeah, I think the healthiest thing that founders could do with more capital is drive a longer runway.”
Eric Paley Nov 23, 2016 ▶ 9:28 20VC: Venture Capital Is One Hell Of A Drug, What VCs Expect From Founders Once They Have Raised & Why Customers Validate Your Business Not Venture Capital with Eric Paley, Managing Partner @ Founder Collective
Nov 23, 2016 neutral
Insight
Paley says startup exits smaller than total fund size are immaterial
“You have to put that alongside the fact that venture funds have been growing, and the rule of thumb we use there is we say any exit that isn't at least equivalent to the size of the fund is not really material to a fund.”
Eric Paley Nov 23, 2016 ▶ 13:50 20VC: Venture Capital Is One Hell Of A Drug, What VCs Expect From Founders Once They Have Raised & Why Customers Validate Your Business Not Venture Capital with Eric Paley, Managing Partner @ Founder Collective
Nov 23, 2016
Insight
Eric Paley says capital should accelerate proven models, not search for fit
“It's using capital to accelerate those things that are working as opposed to using capital to find things that work.”
Eric Paley Nov 23, 2016 ▶ 6:57 20VC: Venture Capital Is One Hell Of A Drug, What VCs Expect From Founders Once They Have Raised & Why Customers Validate Your Business Not Venture Capital with Eric Paley, Managing Partner @ Founder Collective
Nov 23, 2016 positive
Insight
Eric Paley says capital efficiency gives founders more control and lowers risk
“So, so at Founder Collective, we've been actively talking about what we call efficient entrepreneurship, the efficient use of capital, which ultimately leads to much more founder ownership, much more founder control, and actually, believe it or not, much less …”
Eric Paley Nov 23, 2016 ▶ 6:39 20VC: Venture Capital Is One Hell Of A Drug, What VCs Expect From Founders Once They Have Raised & Why Customers Validate Your Business Not Venture Capital with Eric Paley, Managing Partner @ Founder Collective
Nov 23, 2016 bearish
Prediction Not checkable as stated
Paley predicts many of 2016's unicorns will never justify $1B valuations
“There's over 200 Companies that are considered these unicorns, many of them will probably never live up to their billion dollar valuations, but they've redefined for venture capitalists what their expectations are.”
Eric Paley Nov 23, 2016 ▶ 13:39 20VC: Venture Capital Is One Hell Of A Drug, What VCs Expect From Founders Once They Have Raised & Why Customers Validate Your Business Not Venture Capital with Eric Paley, Managing Partner @ Founder Collective
Nov 23, 2016 positive
Opinion
Paley argues stage-specific VC funds are healthier than multi-stage funds
“I would love to see more funds focus on specific stage instead of being life cycle funds. I actually think that would be extremely healthy for the ecosystem broadly.”
Eric Paley Nov 23, 2016 ▶ 18:30 20VC: Venture Capital Is One Hell Of A Drug, What VCs Expect From Founders Once They Have Raised & Why Customers Validate Your Business Not Venture Capital with Eric Paley, Managing Partner @ Founder Collective
Nov 23, 2016
Insight
Founders drive inflated valuation expectations just as much as VCs, says Paley
“Actually, the expectations come as a result of a tough negotiation where, Not just VCs, but founders typically want more capital and higher price. And so it's on both sides, the intention of the VC to get more capital in and incentives to do so, and the desire…”
Eric Paley Nov 23, 2016 ▶ 12:39 20VC: Venture Capital Is One Hell Of A Drug, What VCs Expect From Founders Once They Have Raised & Why Customers Validate Your Business Not Venture Capital with Eric Paley, Managing Partner @ Founder Collective
Nov 23, 2016
Insight
Paley says early-stage startups must triple their valuation every two years
“I think at the early stage, rough rule of thumb, there's no perfect definition here. You should at least be tripling every two years. Some people would argue you should be doubling every year, which would mean Forex in two years. But just to sort of put a more…”
Eric Paley Nov 23, 2016 ▶ 12:11 20VC: Venture Capital Is One Hell Of A Drug, What VCs Expect From Founders Once They Have Raised & Why Customers Validate Your Business Not Venture Capital with Eric Paley, Managing Partner @ Founder Collective
Feb 15, 2017
Insight
Investing and founder support are the only top priorities in VC
“In venture, investing in helping companies is the only A activity. Everything else is a B activity.”
Micah Rosenbloom Feb 15, 2017 ▶ 21:15 20VC: Why Founders Should Not Focus On Top Line Valuation, Why Capital Efficiency Is Key To Returns And Investment Success & Why Despite Popular Thought, $100m Is An Exciting Exit For VC with Micah Rosenbloom, Managing Partner @ Founder Collective
Sep 17, 2018
Assertion Not checkable as stated
Frankel: Nobody could have predicted Uber's market size at seed stage
“Uber, which Eric participated in at the get-go, looked like a better way of calling limos. No one in their mind could have known how big that was going to be.”
David Frankel Sep 17, 2018 ▶ 14:01 20VC: Lessons Learned Scaling PillPack from Seed to Amazon Acquisition, Why Investors Should Spend More Time Assessing Human Capital Risk Taken by Founders & The Right Way To Think About Capital Efficiency in Scaling with David Frankel, Managing Partner @
Sep 20, 2023 positive
Disclosure
Paley: Almost all top Founder Collective companies had previously unsuccessful founders
“Almost every one of our best companies, almost every single one, the founder founded something before that wasn't a success or a big success.”
Eric Paley Sep 20, 2023 ▶ 56:16 Is the VC Model Broken? Jason Lemkin, Mike Maples, Eric Paley & Harry Stebbings Debate | E1062 · 20VC with Harry Stebbings
Sep 20, 2023 positive
Disclosure
Paley: Trade Desk Founder Limited Fundraising to Preserve Acquisition Optionality
“And I'll tell you another story, you know, with Trade Desk, one of the reasons we didn't raise a lot of money was, we were the last ones in, and people just thought it was played already in the programmatic advertising market. But one of the reasons we didn't …”
Eric Paley Sep 20, 2023 ▶ 30:11 Is the VC Model Broken? Jason Lemkin, Mike Maples, Eric Paley & Harry Stebbings Debate | E1062 · 20VC with Harry Stebbings
Sep 20, 2023 negative
Insight
Paley: High seed valuations lower a startup's chances of ultimate success
“So I just think there's another problem outside of, it's a different form of risk, which is the likelihood of success, in my opinion, goes way down for those companies, which is super counterintuitive because you're like, well, but they have more money at a hi…”
Eric Paley Sep 20, 2023 ▶ 36:16 Is the VC Model Broken? Jason Lemkin, Mike Maples, Eric Paley & Harry Stebbings Debate | E1062 · 20VC with Harry Stebbings
Sep 20, 2023 positive
Assertion Not checkable as stated
Paley: 2021 Was an Incredible Time to Sell Venture Investments
“2021 was an incredible time to be a seller, and anyone who didn't see that was completely playing momentum.”
Eric Paley Sep 20, 2023 ▶ 1:00:14 Is the VC Model Broken? Jason Lemkin, Mike Maples, Eric Paley & Harry Stebbings Debate | E1062 · 20VC with Harry Stebbings
Sep 20, 2023
Insight
Paley: True Startup Dilution Comes From Burn Rate, Not Financing
“Valuation is all the sideshow. The dilution isn't even your financing. The dilution is how you use your burn rate. That is where all the dilution lives.”
Eric Paley Sep 20, 2023 ▶ 1:13:22 Is the VC Model Broken? Jason Lemkin, Mike Maples, Eric Paley & Harry Stebbings Debate | E1062 · 20VC with Harry Stebbings
Sep 20, 2023 negative
Opinion
Paley: Conventional VC advice urging startups to go faster is dangerous
“Frankly, I think the advice is dangerous, and I'd go one step further, which is, it has become the conventional wisdom of the industry. Which is go faster.”
Eric Paley Sep 20, 2023 ▶ 26:44 Is the VC Model Broken? Jason Lemkin, Mike Maples, Eric Paley & Harry Stebbings Debate | E1062 · 20VC with Harry Stebbings
Sep 20, 2023 bearish
Prediction Not checkable as stated
Eric Paley: Overvalued unicorns face one of three realistic fates
“One of three things are going to happen to those companies, right? They're either going to take the extraordinary amount of cash they got, cut their burn rates down and figure out how to build real companies. And by the way, many of those will still never rais…”
Eric Paley Sep 20, 2023 ▶ 49:57 Is the VC Model Broken? Jason Lemkin, Mike Maples, Eric Paley & Harry Stebbings Debate | E1062 · 20VC with Harry Stebbings
Sep 20, 2023 negative
Assertion Supported
Paley: Most VCs Earn Money From Management Fees, Not Carry
“It's why most VCs get paid on management fees. They don't get paid on, on, on carried interest, because TVPI, TVPI in that case, doesn't actually translate to DPI.”
Eric Paley Sep 20, 2023 ▶ 10:08 Is the VC Model Broken? Jason Lemkin, Mike Maples, Eric Paley & Harry Stebbings Debate | E1062 · 20VC with Harry Stebbings
Sep 20, 2023 negative
Insight
Paley: Startup Execs Should Compare Real Financials Against Valuation Hype
“If you're coming into a company as a senior executive and you have a CEO is bragging to you about how big their last round was in dollars and how big the post money was, ask to see the financials and compare those financials to what they're claiming in the van…”
Eric Paley Sep 20, 2023 ▶ 0:00 Is the VC Model Broken? Jason Lemkin, Mike Maples, Eric Paley & Harry Stebbings Debate | E1062 · 20VC with Harry Stebbings
Sep 20, 2023 bullish
Prediction Not checkable as stated
Paley: Founder Collective's 2010 investment SeatGeek will deliver an amazing liquidity event
“Like, SeatGeek was a 2010 investment. I think it's a great company. Dave led that for us. I think it's gonna ultimately have an amazing liquidity event”
Eric Paley Sep 20, 2023 ▶ 1:17:56 Is the VC Model Broken? Jason Lemkin, Mike Maples, Eric Paley & Harry Stebbings Debate | E1062 · 20VC with Harry Stebbings
Sep 20, 2023 negative
Insight
Paley: Investors won't recapitalize overvalued startups with low revenue
“If you're recapping a hundred million dollar revenue company at a billion dollar valuation, but it really should be recapped. People will do that work, but if you're recapping a three million dollar run rate revenue company with a billion dollar valuation, the…”
Eric Paley Sep 20, 2023 ▶ 50:38 Is the VC Model Broken? Jason Lemkin, Mike Maples, Eric Paley & Harry Stebbings Debate | E1062 · 20VC with Harry Stebbings
Sep 20, 2023 bearish
Opinion
Paley: AI Startup Valuations Are in an 8 or 9 Out of 10 Bubble
“If you're describing bubble as the asset prices related to that general idea, I think we're in a very extreme bubble. I also want to throw out there, and I think this is very relevant to Oh, yeah, I mean, I think we're not quite at NFT level, but we're probabl…”
Eric Paley Sep 20, 2023 ▶ 16:10 Is the VC Model Broken? Jason Lemkin, Mike Maples, Eric Paley & Harry Stebbings Debate | E1062 · 20VC with Harry Stebbings
Sep 20, 2023 positive
Insight
Paley: Struggling founders should return unspent capital to investors
“I actually think that if you want to maintain your integrity, you want to maintain your integrity, and you don't have product market fit, and you raise money at a crazy valuation, and you don't want to have this burden on your back for possibly years, and by t…”
Eric Paley Sep 20, 2023 ▶ 51:40 Is the VC Model Broken? Jason Lemkin, Mike Maples, Eric Paley & Harry Stebbings Debate | E1062 · 20VC with Harry Stebbings
Sep 20, 2023 negative
Opinion
Paley: Big VC firms are disengaged and barely care about portfolio companies
“I think the truth of the big firms is they barely care. ... I think it is completely, in most cases, quite disengaged capital.”
Eric Paley Sep 20, 2023 ▶ 54:44 Is the VC Model Broken? Jason Lemkin, Mike Maples, Eric Paley & Harry Stebbings Debate | E1062 · 20VC with Harry Stebbings
Sep 20, 2023 bearish
Prediction Open · timeframe Sep 2028
Paley: TVPI vs DPI disconnect will be among largest in VC history
“I would bet the last few years will be one of the biggest disconnects between TVPI and DPI for venture funds in venture history.”
Eric Paley Sep 20, 2023 ▶ 1:14:04 Is the VC Model Broken? Jason Lemkin, Mike Maples, Eric Paley & Harry Stebbings Debate | E1062 · 20VC with Harry Stebbings
Sep 20, 2023 negative
Opinion
Paley: Blitzscaling is applied incorrectly in almost every startup context
“I think blitzscaling is this beautiful, beautiful idea of exactly what Mike said applied wrong in all, almost every context, right?”
Eric Paley Sep 20, 2023 ▶ 27:11 Is the VC Model Broken? Jason Lemkin, Mike Maples, Eric Paley & Harry Stebbings Debate | E1062 · 20VC with Harry Stebbings
Sep 20, 2023 negative
Opinion
Paley: VCs who block founders from selling their companies are nuts
“It's like when a founder wants to sell their company, you say, yes, you should probably sell your company. VCs standing in the way are, I think are nuts.”
Eric Paley Sep 20, 2023 ▶ 52:34 Is the VC Model Broken? Jason Lemkin, Mike Maples, Eric Paley & Harry Stebbings Debate | E1062 · 20VC with Harry Stebbings
Sep 20, 2023
Insight
Maples: Seed venture capital is about micro 'bird spotting' for novel startups
“Yeah, for me, the job is sort of like, you know, when you're in the Galapagos Islands and you spot some, Finch with a weird looking beak that nobody's ever seen before. Like, I think that's kind of what Eric and I try to do, right? We're trying to, but like, i…”
Mike Maples Sep 20, 2023 ▶ 1:16:39 Is the VC Model Broken? Jason Lemkin, Mike Maples, Eric Paley & Harry Stebbings Debate | E1062 · 20VC with Harry Stebbings
Oct 18, 2023 bearish
Prediction Held up
Clarkson: Absolute TVPI-to-DPI gap is likely largest since dot-com crash
“The only other time that would be equivalent would be about 99 and 2000, and I don't know if there is the volume of funds in the market then, so, and absolute numbers, he's probably right.”
Beezer Clarkson Oct 18, 2023 ▶ 33:00 Beezer Clarkson: Are LPs Open for Business & Why Do LP Incentive Mechanisms Need to Change? | E1073 · 20VC with Harry Stebbings
Oct 14, 2024 bullish
Disclosure
Frankel: Founder Collective funded The Trade Desk when nobody else would
“Eric invests in Trade Desk as a follow on because nobody else was going to give them money.”
David Frankel Oct 14, 2024 ▶ 10:45 David Frankel, MP @Founder Collective: Investing Lessons from Seeding Coupang, Pillpack & Suno|E1214 · 20VC with Harry Stebbings
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