Facebook, every mention
98 scenes (2017), the whole family · ← back to Facebook
every year 2017 anyone Harry Stebbings 853Alex Schultz 57Rory O'Driscoll 46Jason Lemkin 41Cliff Weitzman 27Solly Solomou 23David Cahn 22Brian Hale 22Matt Swulinski 21Yann LeCun 19
Verbatim, from the transcripts: the passages where Facebook comes up
20VC: How To Balance Between Vision and Stubbornness, Why Speed Is The Most Important Startup Superpower & The Main Role of A Startup Founder Today with James Currier, Managing Director @ NFX
- ▶ 6:01 James Currier You look at Facebook, they were the 156th to market with the same five features.
- ▶ 16:57 James Currier It's not just Facebook and eBay that have these network Craigslist that have these network effects.
- ▶ 22:43 James Currier We've seen a diminution of the ability to grow virally over the last 15 years, and we've got this chart which shows that at the same time, Facebook and others have done a really good job of harnessing their formerly viral channels and… 2 times in the scene
20VC: Inside The World's Leading Crypto Fund, The Future Exit Environment for Crypto Assets & The Beauty Of Benevolent Dictatorship with Olaf Carlson-Wee, Founder @ Polychain Capital
- ▶ 16:00 Olaf Carlson Wee So however you were extracting revenue from the network, whether this was advertising or paid subscriptions, particularly advertising in these traditional network effect companies like Twitter and Facebook, the other option is kind of a…
20VC: The Value Chain of Machine Learning, Is There Really An Incumbency Advantage in ML & Will The Rise In Cyber Remain For the Long Term with Jake Flomenberg, Partner @ Accel
- ▶ 0:29 Harry Stebbings Facebook, Dropbox, Slack, and Deliveroo, all in their portfolio.
- ▶ 6:45 Jake Flomenberg Um, with the, you know, with the amount of work that Google and Baidu and Facebook and now Apple and others pouring into algorithm development, and quite frankly, also open sourcing so much of that work, it's very, very hard for me to…
- ▶ 15:14 Harry Stebbings I'm intrigued with the environment today with GAFA, Google, Amazon, Facebook, and Apple.
20VC: Accel GP, Rich Wong on When Is The Right Time To Scale A Startup, Optimising Initial vs Follow-On Investment Decision-Making & The Globalisation of VC In Recent Years
- ▶ 0:29 Harry Stebbings Facebook, Dropbox, Slack, Atlassian, Deliveroo, and many more incredible companies.
- ▶ 4:45 Rich Wong Or social distribution through Twitter or Facebook.
20VC: Why Convertible Notes Are Ridiculous, Why Party Rounds Are Bad For Both Founder and Investor & Why Pro-Rata Rights Are A Mess with David Waxman, Founding Partner @ TenOneTen Ventures
- ▶ 1:02 Harry Stebbings Their portfolio companies have enjoyed exits from the likes of Facebook, Google, Amazon, Cisco, Airbnb, and include companies like e-commerce, Pioneer, and Unicorn, Wish, and the world's leading airspace services platform, AirMap.
20VC: Why Valley Investors Are Really Gamblers, Why The Business Model of Selling To The Biggest Sucker Is Wrong & Why The Best Potential Hires Don't Care Who Your VC is with David Barrett, Founder & CEO @ Expensify
- ▶ 13:16 David Barrett Still with Facebook, like all the great companies out there still have their best people because they're the best place to be.
20VC: a16z's Alex Rampell on The Struggle Between Innovation vs Distribution, When How To Determine Whether An Application is Optimised Through Centralised or Decentralised Networks & Why Most ICOs Today Are Ridiculous
- ▶ 9:28 Alex Rampell And today, you know, you have Facebook. 4 times in the scene
- ▶ 11:27 Alex Rampell Whereas, you know, why did Facebook buy an Oculus? 3 times in the scene
- ▶ 13:44 Alex Rampell Because a real data network effect, like I'll give you an example here, why are Facebook and Google so good
- ▶ 19:54 Alex Rampell Because actually, one of the other things about distribution is that there are open platforms, like Facebook and Google, where anybody with a credit card can go and advertise. 2 times in the scene
- ▶ 28:45 Alex Rampell It's kind of like other people do, and they build things on it, and then they create these walled gardens like Facebook or Twitter, and then they turn those into companies.
- ▶ 38:16 Alex Rampell Will they advertise on Facebook?
20VC: Y Combinator's Paul Buchheit on Creating Gmail Version 1.0 & Leadership Lessons from Working With Zuckerberg and Larry Paige
- ▶ 0:44 Harry Stebbings The company was later acquired by Facebook, where Paul worked until his move to Y Combinator in 2010, where he's a partner today.
- ▶ 14:10 Paul Buchheit I started a social network called FriendFeed, which we ran for a couple of years, and then sold to Facebook in 2009, and so I was at Facebook for a year as well, and got to really, you know, work with Mark Zuckerberg, and kind of see how… 2 times in the scene
- ▶ 17:10 Paul Buchheit I don't know if you remember Friendster, but they could have been maybe Facebook, but they got fixated on this idea that when you browse through profiles, it had to show you kind of the six degrees of separation between you and this…
- ▶ 25:05 Paul Buchheit When you see kind of the reality of Facebook and Twitter, I'm not convinced that I find that I'm happier and healthier if I don't spend a lot of time there.
20VC: Lightspeed's Nicole Quinn on Why We Are Not In A Consumer Downturn, Why M&A Has Not Been This Exciting For A Long Time & Why Amazon Is Never Your Friend
- ▶ 0:45 Harry Stebbings It was at Morgan Stanley that Nicole worked on the IPOs for Facebook, Groupon, and Pandora.
- ▶ 25:04 Nicole Quinn So their website's easy, their email and Facebook marketing is fun, and shows the environmentally friendly nature of the brand. 2 times in the scene
20VC: Founders Fund's Chief Scientist on Why AI Is Mostly A Scam, Why The Value of Large Datasets Is Mostly Overplayed & The Societal Effects of 4m Truck Drivers Being Unemployed with Aaron Vandevender
- ▶ 0:30 Harry Stebbings One of the world's leading funds with investments in the likes of Facebook, Airbnb, SpaceX, Spotify, and many more incredible companies.
20VC: Duolingo's Luis von Ahn on How CEO's Can Scale With The Company, How VC Herd Mentality In The Valley Really Works and How Chatbots & AI Play A Role In The Future of EdTech
- ▶ 10:52 Luis von Ahn Facebook's right there, or I can just check my Instagram or Snapchat or go play, you know, Candy Crush.
20VC: If You Do Not Like VCs, You Have Not Worked With a Good One, How Andreesen Have Added The Same Level of Value As A Co-Founder, Why Market Is The First Thing To Consider When Angel Investing & Why Series A Is A Hiring Decision with Roger Dickey, Foun
- ▶ 3:09 Roger Dickey Before my previous company, which became Mafia Wars, we built, I think, 19 or 20 Facebook apps.
- ▶ 22:32 Roger Dickey Every investor is looking for their, their Facebook, their Uber, their, their massive 10,000 X return.
20VC: Index's Mike Volpi on Making The Move From Player To Coach, What It Takes To Build Generation Defining Brands & How Europe Really Stacks Up To The US Venture Market
- ▶ 0:10 Harry Stebbings Now, Mike is a general partner at Index Ventures, one of the world's leading venture funds, with a portfolio including the likes of Facebook, Dropbox, Slack, Supercell, and Deliveroo, just to name a few.
- ▶ 17:51 Mike Volpi Obviously, we are enjoying right now one of the more vibrant times in terms of M&A activity and consolidation in the market, and there certainly are a number of very strong big tech companies that are out there, whether it's, you know,…
20VC: How To Run The Perfect Fundraising Process, Why Time Kills All Deals & Why You Have To Get VCs Out Of The Board Room with Wayne Chang, Serial Entrepreneur & Angel Investor
- ▶ 9:35 Wayne Chang So with Crashlytics, we were able to create that because the baseline experience for just installing any type of tool that was in our space, Facebook started it with, you go to Facebook website, and they had 30 or 40 pages.
20VC: Why Investors Have The Biggest Problem with Bias, Why Our Job Is To Maximise Risk & Why It Is Essential To Get Good at Losing with True Ventures Founder, Jon Callaghan
- ▶ 26:57 John Callaghan It might be called Google or Facebook or Peloton or whatever it is.
20VC: The First ICO Blockchain Incubator Ever, Why ICO's Will Change The World of Venture As We Know It & How The M&A Market Will Respond To ICO's with Mike, Jones, Co-Founder @ Science Inc
- ▶ 18:46 Mike Jones How a Google, Facebook, Time Warner, Verizon will think about owning a company with a great technology stack that also has a tokenized system, and those tokens float within an exchange.
20VC: Nuzzel's Jonathan Abrams on Why The Top VCs Do Not Have A PlayBook For Startup Success, Why Most Boards Are Not Successful & Why He Is Bored Of Hearing "I Fell Into VC"
- ▶ 3:27 Jonathan Abrams I was overwhelmed and overloaded with content and with social sharing, and I, I really didn't have time to keep up and, and click on every single link that my friends were sharing on Facebook and Twitter.
- ▶ 26:07 Jonathan Abrams I don't think that's what people are getting from the big social networks, and everybody is trying to do stuff in this area now, but what people are getting on Facebook, you know, it's a lot of fake news.
20VC: YC's Daniel Gross on How YC Can Democratise AI & Reduce Incumbency Advantages, Why ML Enabled Software Will Eat The Software That Ate The World & Whether AI Will Produce Independent Companies or Be Technology within Incumbents
- ▶ 5:39 Daniel Gross It was called Greplin, G-R-E-P-L-I-N, which is a play on words for a Linux tool that engineers use a Unix tool called Grep, and the product was a search engine, but instead of searching the internet, like Google, it searched through all of…
- ▶ 13:16 Daniel Gross And many different verticals inside Google and Apple and Facebook for incremental improvements, but nothing really breakthrough.
20VC: Jason Calacanis on The 4 Questions Investors Must Ask Founders, Whether YC Have Scaled Their Process Successfully & Why Early Founder Liquidity Is Good Not Bad
- ▶ 10:09 Jason Calacanis That's okay, because they'll overpay some cases, and they'll underpay for Google, or Amazon, or Facebook, or Netflix, or Uber, or Airbnb. 2 times in the scene
- ▶ 13:52 Jason Calacanis Let them rise and fall in this alphabet structure, but Google is going to be the focus, and not letting Facebook overtake us is now Google's focus, right? 4 times in the scene
20VC: The 7 Requirements For Startup Scaling, Why VCs Must Approach Every Conversation with A Yes Mentality & Why We Will See The Humanisation of Technology with Renata Quintini, Partner @ Lux Capital
- ▶ 16:06 Renata Quintini I don't think that companies like Google came up with the Don't Be Evil or Facebook thinking about the, you know, move fast with stable infrastructure just to have cool sound bites.
- ▶ 22:06 Renata Quintini Anniversary of, of, you know, a relationship in Facebook and things like that.
20VC: Why We Will Continue To See An Explosion In Deep Tech Financing, Why Much of Silicon Valley's Talent Is Going To Waste & How Fund Cycles Need To Be Adjusted To Work With Deep Tech with Seth Bannon, Founding Partner @ Fifty Years
- ▶ 15:35 Seth Bannon It seems to be increasingly difficult to compete with the Googles and the Facebooks and the Amazon on sort of pure SaaS place, right? 4 times in the scene
20VC: Coinbase's Brian Armstrong on The Rise & Short Term Correction in ICOs, The Regulatory Framework Required For Blockchain To Succeed & How The Rise of Blockchain Disrupts The VC Industry
- ▶ 19:24 Brian Armstrong Or Facebook, you know, like they look at the number of photos they're stirring.
20VC: Why It Is BS That You Never Regret Paying A High Price To Get Into A Good Company, Why There Are Only 2 Price Points That Work in SaaS and Why eSports Will Be Bigger Than Traditional Sports in 5 Years Time with Jason Pressman @ Shasta Ventures
- ▶ 11:52 Jason Pressman I think that you never regret paying a high price for an extraordinary company like Facebook, but there's only really one like that every decade.
- ▶ 18:44 Jason Pressman Are very powerful, and if you look not only at Facebook and Snapchat in the US, but a lot of the really compelling social networks overseas, like Tencent, Alibaba, and some of the feature sets that they have, and the way people interact in… 3 times in the scene
20VC: The Blurring of Early & Late Stage, Why Your Go To Market Strategy Is More Important Now Than Ever & Why Venture Is The Academia Of Tech with Roseanne Wincek @ IVP
- ▶ 0:52 Harry Stebbings I'm the music, working to build music apps on the very early Facebook platform.
- ▶ 3:21 Roseanne Wincek So I ended up dropping out of graduate school and starting a company where we made crappy Facebook apps. 3 times in the scene
- ▶ 19:01 Roseanne Wincek Facebook really capitalized on that opportunity and created this mobile app install ecosystem due to deficiencies and, and what Apple sent out to the market. 5 times in the scene
20VC: Kleiner Perkins GP, Eric Feng on How The Best Funds Use Tech and Data To Find Companies, Why Entrepreneurs Start The Fire and VCs Add The Rocket Fuel & Why Consumer Is Harder Than Ever Today
20VC: Bessemer's Ethan Kurzweil on How To View Pattern Recognition and Deal With The Anti-Portfolio, The Next Frontier In Developer Focussed Businesses & Why eSports Is Interesting Again
- ▶ 24:14 Ethan Kurzweil Because it curates all of your Twitter and Facebook friends, what they're saying, and ranks the news according to who's tweeting about it, basically.
20VC: Bessemer's Jeremy Levine on Why We Are In A Fallow Period For Consumer, Why It Is Bogus That Operational VCs Can Add More Value & 2 Golden Rules To Always Tell Entrepreneurs Pre-Investment
- ▶ 15:21 Jeremy Levine Most great consumer businesses managed to build massive distribution to tens or hundreds of millions or even billions, in the case of Facebook, on the backs of an existing platform. 7 times in the scene
20VC: Elad Gil on Becoming One of Silicon Valleys Top Angels, Why Most People Get Market Sizing Wrong & Should VC Services Always Be Bundled Together?
- ▶ 13:37 unnamed speaker Facebook raising at a hundred million pre-money valuation, everybody's like, 4 times in the scene
- ▶ 15:20 Harry Stebbings So how do you truly perceive that, and the potential end of this tech cycle, we spoke about Facebook there in the midst
20VC: Benchmark's Peter Fenton on How To Differentiate Between Good & Great VCs, Why Ownership Is A Bigger Determinant Of Returns Than Valuation & What Makes A Truly Exceptional Board Member
- ▶ 7:45 Peter Fenton For consumers, especially, is free and open distribution, and I think we could say pretty emphatically that that has evaporated in the last five years, and if you contrast to the time when Facebook got started in oh four or five or six…
- ▶ 20:05 Peter Fenton And specifically what I heard was we had lost, meaning the iPhone carrying Facebook using generation had lost the ability to 3 times in the scene
- ▶ 30:24 Peter Fenton Spiegel did at Snapchat, and this is well documented, but I don't want to talk out of school, was one of those great heroic acts, and I think Twitter did the same thing when Google approached them early in their life, Facebook with Yahoo,…
20VC: Kevin Rose on Putting The Entire Fund Into Uber, The Future For Mobile & Whether Angels Should Have Super Pro-Rata Rights?
- ▶ 0:48 Harry Stebbings Kevin's also been a prolific angel investor, with a portfolio including the likes of Twitter, Square, Facebook, Facebook,
- ▶ 3:19 Kevin Rose And so as our site was growing along with many of the others, like the Facebooks and Twitters of the world and in a handful of others, we just got to know all the other founders at various events and things like that.
20VC: Why Cheque Size & Follow On Decision-Making Does Not Matter, Why Intelligence Is Overrated & Why You Should Do Everything You Can To Make Other People Successful with Anthony Pompliano, Founding Partner @ Full Tilt Capital
- ▶ 0:34 Harry Stebbings Prior to VC, Anthony led the growth team at Snapchat, and before that, ran product and growth teams at Facebook.
- ▶ 2:36 Anthony Pompliano So I, uh, I served in the U S army, um, for a while then had, uh, two technology companies that were both acquired and then, uh, went and worked at a Facebook and Snapchat running a couple of different product and growth teams.
20VC: Khosla's Keith Rabois on How To Create Sustainability Behind Growth, How To Assess The Potential Of Individuals & Teams & The Biggest Takeaways from LinkedIn, Paypal & Square
- ▶ 23:47 Keith Rabois I mean, obviously, if you read a Twitter feed or you read by Facebook sort of newsfeed, um, a lot of people in Silicon Valley think the same, and it's hard to stay completely immune from that.
20VC: Building Shopify From $5m To IPO, Why The Future Of Retail Is Not Online vs Offline & Why Law School Is Like Finishing School For Entrepreneurs with Harley Finkelstein, COO @ Shopify
- ▶ 12:07 Harley Finkelstein That if you want to sell to a certain demographic, you have to have a great integration to Facebook or Instagram or Pinterest.
20VC: The 3 Forms Of Edge A Founder Can Have, Lessons From Being on A Board With Bill Gates & Why There Are A Lot Of Tourist VCs Who Are Going To Lose A Lot Of Money, with Josh Wolfe, Co-Founder @ Lux Capital
- ▶ 9:47 Josh Wolfe What was the comp for Facebook?
20VC: Investing; A Game Of Access Or Picking, Why Technical DD At Seed Is Irrelevant & Why A Contrarian Mindset Does Not Always Lead To Optimal Returns with Leo Polovets, Co-Founder & General Partner @ Susa Ventures
- ▶ 8:02 Leo Polovets Yeah, so I think there's, there's kind of this myth that if you see the next Uber or Facebook or whatever, you should pay any price to get in. 2 times in the scene
20VC: AngelList's Naval Ravikant on The Secrets To Success At Seed, Why Micro VC Is The Return of Traditional Series A & Why We Will See The Unbundling Of Traditional VC Brands
- ▶ 7:26 Naval Ravikant Some people decided that when my space was dominant, some people decided that when Facebook was dominant, now people will decide that when Snapchat is dominant.
20VC: How Every VC Firm Is A Marketplace, Why A Large Amount of Promise in AI Today Is Impossible & Entrepreneurs 3 Main Pain Points of Fundraising with Alex Mittal, Founder & CEO @ Funders Club
- ▶ 4:11 Alex Mittal And somewhat ironically, VCs have been backing, uh, businesses that exhibit these features, network effects, for example, in the case of Uber and Airbnb and Facebook and so forth.
20VC: Why Success in Gaming is Like Success in VC, The Key To Building An Enduring Game & Why Few Metrics Matter in Gaming with Kevin Chou, Founder & CEO @ Kabam
- ▶ 2:44 Kevin Chou But he has a social network to compete against Facebook, and I think we all know who won that game, and so we ended up changing the whole company to be focused on creating sports fan communities, and we did that inside of Facebook,… 4 times in the scene
- ▶ 5:01 Kevin Chou And so what I mean by that is that in today, whether you're looking at mobile games, console games, PC games, Facebook, or other online games, the companies that are doing a great job oftentimes have hits that last many, many years.
- ▶ 8:12 Kevin Chou New platforms like Facebook and smartphones.
- ▶ 23:51 Kevin Chou And, and I felt, wow, this is such an exciting time because there's new platforms with Facebook and mobile coming online.
- ▶ 26:56 Kevin Chou Became a sports company that then became a gaming company, a Facebook gaming company that then became a mobile gaming company.
20VC: Sequoia Partner, Pat Grady on Why Data Is The New Oil, Why We Will See The Return of The Apprenticeship Model in VC & The Defining Characteristics of The Next Generation of Great Software
- ▶ 5:29 Pat Grady Mike Bernal was pretty high up in the organization at Facebook.
- ▶ 9:37 Pat Grady If you look at what Facebook or Google have as just part of their core DNA, and the companies that are starting to define the enterprise kind of look and feel more like consumer companies than enterprise companies, and I think Slack or…
- ▶ 12:16 Pat Grady And some examples would be Uber predicting where you're headed, or Facebook tagging people in photos, or Google correcting a search query that you fat-fingered. 3 times in the scene
- ▶ 18:54 Pat Grady Can go on to Code Academy or Khan Academy or Corsair and teach themselves how to code, and then spin up an AWS cluster, produce something that they can distribute via Facebook or an app store, and have a business up and running.
20VC: Why Valuation Is Of Critical Importance At Seed, How To Understand Innovation Cycles & Having 3 CEOs and Burning $10m a Month with Lee Hower, Co-Founder @ NextView Ventures
20VC: Why Venture Is A Service Product? Why There Is No Such Thing As Product Market Fit & Why Startups Need To Be More Design Orientated with Ben Blumenfeld, Co-Founder & General Partner @ Designer Fund
- ▶ 0:45 Harry Stebbings As for Ben, previously Ben was a design lead at Facebook for over five years, where he helped build products for nearly a billion people, and grow Facebook's world-class design teams. 2 times in the scene
- ▶ 2:59 Ben Blumenfeld So before Designer Fund, I was a manager at Facebook, managing the communication design team. 4 times in the scene
- ▶ 4:08 Ben Blumenfeld And one of those designers was Enrique Allen, who Enrique first met in 2007 when I started building and designing the Facebook platform at that time, and he was working at the Facebook fund, which was a fund started to help companies build…
- ▶ 7:46 Ben Blumenfeld One is as a designer that's built products at Facebook, and then before that, I actually worked at agencies, and so I've built products for a lot of companies, so
- ▶ 12:39 Ben Blumenfeld You know, even, I'll take Facebook as an example, right, their, their newsfeed algorithm is, is amazing tech, right?
- ▶ 17:35 Ben Blumenfeld In terms of challenges, I would say one of the things, at least for me personally, coming from Facebook, where when I saw an issue, I would just build a product or work with the team to fix it, right?
20VC: Why We Are Valuation & Ownership Insensitive, Why We Do Not Take Board Seats & The Effects Of The Series A Crunch with Topher Conway, Co-Managing Partner @ SV Angel
- ▶ 0:22 Harry Stebbings Facebook, Airbnb, Twitter, Dropbox, the list goes on of incredible companies.
- ▶ 4:10 Topher Conway And so I was interviewing at Twitter and Facebook and companies like that.
- ▶ 14:11 Topher Conway And so, you know, helping on those, on those points really helps build that relationship with, with the founders.
20VC: How Startups & VCs Can Build Relationships with Potential Corporate Acquirers? The Challenge Of Operating Both A B2B & B2C Business Model & Why Fundraising Is The One Element Founders Cannot Control with Gautam Gupta, Founder & CEO @ NatureBox
- ▶ 6:25 Gautam Gupta These were folks that clicked on a Facebook ad and, and signed up for nature box.
20VC: Preparing For The Next Big Trend, Why Conversational Will Be The Next Big Thing & How Entrepreneurs Should View Market Size with Sarah Guo @ Greylock Partners
20VC: Biggest Takeaways From Working With Paul Graham and Jessica Livingston, Why You Should Put Off Hiring For As Long As Possible & Why Seed Stage Investing Is All About Optimising The Top Of The Funnel with Harj Taggar, Founder & CEO @ Triplebyte
- ▶ 10:03 unnamed speaker And I think this was the magic of Y Combinator is that it's not uncommon to see people who have, you know, successful careers at like a company like Google or Facebook who then want to sort of jump into a startup, but they don't realize…
20VC: How To Test The Strength Of Co-Founder Relations, The Dangers Of Raising A Large Series A & Why The Biggest Challenge For Consumer Companies Is Finding The Second Big Hit with Rishi Garg, Partner @ Mayfield Fund
- ▶ 4:44 Rishi Garg If you think back to 2004, 2005, it's when Facebook and YouTube and a bunch of those companies got started. 2 times in the scene
- ▶ 19:00 Rishi Garg The second thing is that founders have credibility because they've been at a Facebook or they've sold a company to brain tree or whatever it is they've done.
- ▶ 26:47 Rishi Garg That's why you people are on Snapchat and WhatsApp and Facebook and Instagram and Twitter, right?
20VC: Why We Will See A Big Series B Crunch? Why Proprietary Data Pools & AI Talent Will Be The New Limited Natural Resources? Why Now Is The Closest Thing To A New Normal with Tim Chang, Managing Director @ Mayfield Fund
- ▶ 10:39 Tim Chang After this amount of Facebook ads, it's all those sorts of things that people are really digging into now, as opposed to, oh, wow, the GMV is growing really quickly.
- ▶ 13:00 Tim Chang If those people aren't being systematically poached at by Google or Facebook or whatnot, they're probably not world-class AI machine learning talent. 2 times in the scene
20VC: Why You Should Not Invest From Patterns, Why No Good Business Was Built As An Analogy Of Another & Why The Rise Of The 'Celebrity Investor' Is Concerning with Emily Melton, Partner @ DFJ
- ▶ 11:57 Emily Melton And now you're doing the, the Facebook
- ▶ 32:36 Emily Melton And that's true if you're a startup where I'm looking at the entrepreneurs, but also, you know, if you're a Facebook or a Google or a Netflix, you're only as good as the talent that you can actually recruit and hire and maintain.
20VC: DFJ's Josh Stein on Why VCs Must Adapt To Their Founders, The Major Transition Points For Aaron Levie @ Box & Why SaaS Startups Are Growing At A Rate Never Seen Before
- ▶ 17:44 Josh Stein Now, most of the companies are getting started with AdWords, with Facebook ads, with things like product hunt, and getting those first earlier customers much, much faster.
20VC: eShares' Henry Ward on Why Portfolio Theory Is Wrong? Why Investors Will Never Take Market Risk & Why You have To Have A Line of Sight To A $Bn Outcome
- ▶ 9:40 Henry Ward You know, my, my favorite analogy is Peter Thiel and Facebook. 4 times in the scene
- ▶ 21:19 Henry Ward Uh, it's just the, the nature of, of, of these companies, and we already see it with, you know, Facebook, uh, sort of just recently posted their stock option expense, uh, numbers, and, and they pay a huge amount of their income, or I would…
20VC: Why Companies Going Bust Is Part Of The Plan, Why Most VCs Are Later Stage Than They Think & Why Venture Capital Is Humbling with Charlie O'Donnell, Founder @ Brooklyn Bridge Ventures
- ▶ 26:09 Charlie O'Donnell Facebook is having scale because of the billion plus users that they have, but not every human being on the face of the earth has a phone yet, but every single human being on the face of the earth produces organic waste.