Facebook, every mention
70 scenes (2020), the whole family · ← back to Facebook
every year 2020 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: Lessons From Working with Bill Gates, How To Lead Without Authority and The Difference Between Leadership and Management & How Fundraising Changes In A COVID World with Quentin Clark, Managing Director @ General Catalyst
- ▶ 22:38 unnamed speaker Facebook was the, whatever, 52nd social network.
20VC: Retool Founder, David Hsu on Why YC Is Helpful Pre Product-Market Fit but Not Post and Why VCs Are Not Helpful Pre-Product Market-Fit but are Post, Why it is Difficult to Become Unprofitable if You Set Yourself Up For Profitability Early & Why VC Th
- ▶ 24:34 Harry Stebbings We've had three days of positive CAC data, and it's not exactly a sustainable indicator that Facebook is going to be this incredible kind of positive ROI channel moving forward.
20VC: Hopin, The Breakout Startup of 2020 on Scaling from 10 to 230 People and $174M in Funding in just 13 Months, The 3 Phases of Startup Scaling, How To Lead Remote Teams Effectively, The Future of Events Post-COVID and more
- ▶ 3:27 Johnny Boufarhat I was part of a Facebook groups. 2 times in the scene
- ▶ 21:20 Johnny Boufarhat It's, are we going to be Facebook or MySpace or, you know, that's the sort of thing that we sort of pitch out.
20VC: Reid Hoffman on Investing in Airbnb and Passing on Stripe, The Different Styles of Truly Great Leaders, How To Think Through Ownership and Price in Venture & How To Ensure Venture Partnerships Always Have Trust and a Learning Mindset
- ▶ 0:15 Harry Stebbings On the investing side, he's a partner at Greylock, one of the leading venture firms of the last two decades, with a portfolio including the likes of Facebook, Airbnb, Dropbox, Figma, and many more incredible companies.
- ▶ 26:50 Reid Hoffman It's not, you know, and so, you know, same thing is true for LinkedIn, same thing is true for Facebook, same thing is true for, you know, Google, same thing is true for Amazon.
- ▶ 28:44 Reid Hoffman I had been doing angel investing before, you know, things like Facebook and other kinds of things, and so I had had a pattern mindset.
20VC: Benchmark's Sarah Tavel on Why Chasing GMV Will Lead To The Wrong Direction, The 2 Crucial Tipping Points For Marketplace Adoption, Why UGC Plays Are Like Marketplaces & How To Determine Between Existential and Non-Existential Risk
- ▶ 7:33 Sarah Tavel And so, as an example, like, I remember early on at Pinterest, there was a time when Facebook acquired Instagram. 2 times in the scene
20VC: Slack Founder Stewart Butterfield on Leadership Styles, Decision-Making, The 3 Levels of Wealth, IPOs vs Direct Listings & Why Effective Entrepreneurship is Like Parkour
- ▶ 3:23 Stewart Butterfield Which was a website called gradfinder.com, which is a competitor to classmates, and this is many years before Facebook, so it was so many people we used to organize high school reunions.
20VC: Accel's Dan Levine on The Current State of Seed & Series A, The Rise of Pre-Emptive Rounds, Solo Capitalists and Multi-Stage Funds Entering Seed & Market, People and Product; What To Prioritise?
- ▶ 0:00 Harry Stebbings This is the 20 Minute VC with me, Harry Stebbings, and my word, what a broad-ranging discussion we have in store for you today, and so diving right in, I'm thrilled to welcome Daniel Levine, partner at Excel, one of the leading venture…
- ▶ 16:19 Daniel Levine Facebook originally could have been viewed as, like, vertical media for college kids, but over time it became much larger.
20VC: Zach Weinberg on Whether A Company is a Democracy, The Importance of Ownership, The Rise of Pre-Emptive Rounds, Multi-Stage Funds Entering Seed and How he Approaches Both Risk and Personal Capital Allocation
- ▶ 29:50 Zach Weinberg And then you've got like 4000 people who work at Facebook.
20VC: CRV's George Zachary on His Relationship To Money and How it has Changed Over Time, Why The Best Founders Have Often Experienced Parental or Home Instability and The Stories Behind Investing in Unicorns; PillPack, Yammer and Udacity
- ▶ 14:32 George Zachary I do think fund sizes have gotten too large, and it really took off after Google and predominantly after Facebook.
- ▶ 16:47 George Zachary Unfortunately, Facebook 2 times in the scene
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
- ▶ 3:45 Palmer Luckey And we went from just being a trailer to a multi-billion dollar acquisition by Facebook in less than two years. 2 times in the scene
- ▶ 7:26 Palmer Luckey I mean, when I left Facebook, I was looking at a lot of different things I could have done.
- ▶ 44:04 Palmer Luckey Places like Facebook or Twitter or Snapchat.
20VC: The 4 Phases of Effective Decision-Making, The No 1 Quality of Good Decisions, How To Approach Effective OKR Setting, & How To Optimise and Improve Your Operating Cadence with Shishir Mehrotra, Founder & CEO @ Coda
- ▶ 21:18 Shishir Mehrotra For many people, the center of the onion for YouTube was Facebook, was social networks.
- ▶ 36:27 Shishir Mehrotra Facebook was roughly double where we were at.
20VC: Lambda School Founder, Austen Allred on How To Assess Your Relationship To Risk and Money, Why San Francisco Is A Case Study For The Greatest Squandering of Wealth in History & Why Complexity Increases Exponentially with Scale
- ▶ 19:44 unnamed speaker She was in operations at Facebook and worked on a few big projects there.
20VC: Calm Founder Alex Tew on What It Takes To Build Viral Products Today, The Current State of Customer Acquisition Costs, What Makes The Best Brands
- ▶ 13:10 Alex Tew Facebook and Google obviously soak up the maturity of ad dollars, and you need to really kind of be a certain kind of size or have a certain amount of capital to really be effective in the marketplace.
- ▶ 16:03 Alex Tew My experience has been mostly in making things go viral right at the start, as opposed to building a viral business, like in Facebook or networks effects.
20VC: a16z's Angela Strange on Why Every Company Will Be A Fintech Company, How Founders Should Think About Niches and Optimal Insertion Points, How To Transition To Become The System of Record & Are We Entering A Period of Bundling Or Unbundling for Fint
- ▶ 0:12 Harry Stebbings But I'm very, very excited to welcome Angela Strange, General Partner at Andreessen Horrors, one of the leading venture firms of the last decade, with a portfolio including the likes of Facebook, GitHub, Slack, Airbnb, Asana, and more…
20VC: SPACs. What Are They? Why Now? How Do They Change The Venture Landscape? Are They Better Than IPOs & Direct Listings? How Should Founders Think About Them? Kevin Hartz & Troy Steckenrider @ A*
- ▶ 25:35 Kevin Hartz If you look at the Facebooks or the Amazons or others, always far too ahead in valuation.
20VC: Biggest Lessons From Scaling Houseparty To Millions of Users, Why Today's Metrics Are Insufficient To Determine Product Success & What Breaks with Scale From Team To Product with Ben Rubin, Co-Founder @ /talk & Houseparty
- ▶ 9:43 Ben Rubin You're not going to be able to solve that problem because you're choosing the tools that Facebook use. 2 times in the scene
- ▶ 15:13 Ben Rubin So we were able, two years before the Periscope team, or a Facebook Live team, to understand what are the metrics that actually make a live video work. 2 times in the scene
- ▶ 17:40 Ben Rubin And I know that Facebook is going to get better rich to onboard them.
- ▶ 20:03 Ben Rubin Who are not Celebs Media News, and we say we're going to build for them, because for the one percent Periscope and Facebook Live, people are going to reach out to them, they're going to try to have them, and they're going to have better…
- ▶ 34:05 Harry Stebbings Or do you go, actually, these guys from Facebook or Google, or you name your big incumbent, are incredible at what they do, and we just need to make sure that we stay within their kind of realms of comfort to make them happy?
- ▶ 42:50 Harry Stebbings They've helped founders and early employees from companies like Stripe, Facebook, and Plaid, and partners at VC firms like Coastal and General Catalyst.
20VC: Why Entrepreneurs Care Less About Firm Brand at Seed, How LPs Should Think About GP Commit & How The World of LPs and Fundraising Will Change Post COVID with Apurva Mehta, Managing Partner @ Summit Peak Investments
- ▶ 2:16 Harry Stebbings Facebook and Plaid, and partners at VC firms like Coastal and General Catalyst, go to harnesswealth.com forward slash the 20 minute VC to sign up, plus 20 minute VC listeners can receive a hundred dollars off their first year fees when…
- ▶ 38:29 Harry Stebbings They've helped founders and early employees from companies like Stripe, Facebook, and Plaid, and partners at VC firms like Coaster and General Catalyst.
20VC: MongoDB CEO, Dev Ittycheria on Why Sometimes You Have To Be Inefficient To Be Effective, The 2 Different Types of Decisions and How Great Leaders Respond To Each & Why Value To Overhead Ratio Is The Metric To Use When Selecting Investors
- ▶ 41:27 Harry Stebbings Harness helps tech employees and investors find the best solutions for their finances from navigating stock sales to receiving partnership K-ones, and they have the best advisors in the US, and they know this because they diligence them…
20VC: Steve Jurvetson on 20 Years of Friendship with Elon Musk, How To Analyse Market Timing, Why Venture Does Not Scale & Why He Has Never Sold A Share in Any Company He Holds
- ▶ 1:55 Harry Stebbings Harness helps tech employees and investors find the best solutions for their finances, from navigating stock sales to receiving partnership K-ones, and they have the best advisors in the US, and they know this because they diligence them…
- ▶ 53:55 Harry Stebbings They've helped founders and early employees from companies like Stripe, Facebook, and Plaid, and partners at VC firms like Coastal Coaster and General Catalyst.
20VC: Why The Unbundling of Fintech Will Continue, How VCs Are Propping Up The Neo-Banking Industry & Why We Need A New Framework To Value Businesses Today with Clay Wilkes, Founder & CEO @ Galileo
- ▶ 9:17 Clay Wilkes The next Facebook, the next internet two point O type company will come about. 2 times in the scene
20VC: Steve Blank on Why The Startup Ecosystem is Partially A Ponzi Scheme, 3 Things That Determine Startup Survival in a COVID World & Facebook: Platform vs Publisher and Where Does Their Responsibility Lie?
- ▶ 30:08 Steve Blank And there's no consequence to the people on the boards who've made tens of billions of dollars, let alone the completely irresponsible CEO who runs the company.
20VC: Chamath Palihapitiya on Why IPOs and Direct Listings Are Broken, Turning Social Capital Into A Combination of Berkshire Hathaway, Koch Industries and The Red Cross, Why Forecasts Are Worthless, What Creates True Defensibility & Why You Have To Be Pr
- ▶ 0:28 Harry Stebbings Prior to founding Social, he spent an incredible four years at Facebook, including as the original exec in charge of Facebook platform, as well as being responsible for overseeing core growth components and overseeing Facebook's mobile…
- ▶ 0:28 Harry Stebbings Prior to founding Social, he spent an incredible four years at Facebook, including as the original exec in charge of Facebook platform, as well as being responsible for overseeing core growth components and overseeing Facebook's mobile…
- ▶ 4:29 Chamath Palihapitiya And during that period, I thought about acquiring or trying to acquire a company called the facebook.com, which I had met through my colleague, Sean Parker, because when I was running Winamp, Sean Parker ran a company called Napster. 5 times in the scene
- ▶ 6:57 Harry Stebbings And I do want to ask, then you obviously moved to Facebook and probably some of the most transformational years of your career. 2 times in the scene
- ▶ 10:23 Harry Stebbings I do want to ask the final thing on Facebook, and I've been oscillating on it for the last few weeks, and it's kind of with Trump and the lack of their redacting his posts, unlike Twitter maybe, comes about the question of discussion on… 3 times in the scene
20VC: The Future of Subscription Media, Why Startups Need To Stop Blaming Facebook and Google & How Founders Should Think Through Customer Acquisition Channel Dependencies with Alex Mather, Founder & CEO @ The Athletic
- ▶ 27:37 Alex Mather Yeah, I mean, what is so frustrating to me in media is just this kind of ridiculous focus on blaming Google and Facebook. 14 times in the scene
- ▶ 34:49 Alex Mather So few companies are obsessed with how people consume news, and I believe that we're going off the rails with how people consume news, whether it be Twitter, Facebook, or these platforms.
20VC: 8VC's Joe Lonsdale on How To Foster Contrarian Thinking Within Venture Partnerships, Why The Best VCs Are Company Builders & Why It Is Not Possible To Build Multi-Billion Dollar Companies and Have Worklife Balance
- ▶ 3:47 Joe Lonsdale Got to know the Facebook founders at that time, obviously, and he backed me in starting Palantir.
20VC: Andrew Wilkinson on Building The Berkshire Hathway of Tech, Sustainable vs Unsustainable Growth and The Relationship Between Money and Freedom
- ▶ 5:28 Andrew Wilkinson And eventually got Apple, Google, Walmart, Facebook, Amazon.
- ▶ 10:16 Andrew Wilkinson It's food and energy independent, so it exists on its own, and what I mean by that is, in a technology business, there's no middleman, so there's no Google or Facebook risk.
- ▶ 18:51 Harry Stebbings We'll see the bundling into Facebook groups, LinkedIn groups, whatever, incorporate into the main platforms.
20VC: Craft Ventures' David Sacks on How To Assess Founder Psychology, How To Accurately Evaluate CAC, Burn and Churn & What Makes The Very Best Startup Boards
- ▶ 0:27 Harry Stebbings Now, Kraft is one of Silicon Valley's leading early stage funds, with David's portfolio including the likes of, check this out, Facebook, Tesla, SpaceX, Palantir, Affirm, Airbnb, Slack, and Bird, to name a few.
20VC: How To Scientifically Measure Product-Market Fit, How To Efficiently and Accurately Segment Users Into Cohorts, Why Investors Analysing CAC's at Pre-Seed Is Not Useful & How To Determine Between Customer Feedback to Accept vs Reject with Daniel Eric
- ▶ 12:01 Harry Stebbings Can I ask, and again, off schedule, but I'm too intrigued, when you think about kind of asking this core question, what's the right way to ask it, and do you see differences in terms of response rates between SMS versus email versus…
20VC: Elad Gil on Startup Offense and Defence in a Recession, How The Venture Landscape Has Shifted & All Things Valuations, Secondaries and Layoffs
20VC: 7 Powers: The Foundations of Business Strategy: Deconstructing Economies of Scale, How To Assess True Market Size, Assessing Risk vs Uncertainty, What "Brand As Power" Really Means with Hamilton Helmer, Managing Partner and Chief Investment Offi
- ▶ 10:06 Hamilton Helmer So Facebook with network economies and a huge user base. 4 times in the scene
20VC: Sarah Kunst on Why There Is Plenty Of Investor Money Still Available, The Megan Markle Effect and How It Impacts Hiring and Talent & Whether GP Commits Prevent Diversity and Inclusion
- ▶ 2:40 Sarah Kunst Glimpse into Silicon Valley and my first opportunity to start to meet people who would go on to work in the tech world at places like Facebook.
- ▶ 31:05 Sarah Kunst We could go and have a job inside of like a Google or a Facebook or whatever, make a quarter million, half a million a year, whatever.
20VC: Upfront's Mark Suster on COVID Redefining What A Great Company Looks Like and What Valuations Look Like, Why Pay-To-Play Is Back On The Table & Why We Will See The Death of Party Rounds
- ▶ 32:42 Mark Suster The most obvious is looking at Facebook and the role that Cheryl played with Mark Zuckerberg in the early days
20VC: Why Venture Fund Life Cycles Do Not Align To Companies Today, Actionable Strategies To Separate Good From Great When Assessing and Hiring Multiple Candidates & Why We Need More Adventure in Venture Capital with Blake Scholl, Founder & CEO @ Boom Sup
- ▶ 12:08 Blake Scholl It's very different from the culture at Facebook or the culture at Google.
20VC: The Framework to Scale A Team From 20 to 190 in 24 Months, How To Structure The Perfect Investor Updates & How To Create A Culture of Distributed Ownership with Radical Transparency with Jean-Charles Samulian, Co-Founder & CEO @ Alan
- ▶ 5:56 Jean-Charles Samoulian I went to one of my friends, who is now my co-founder, Charles, who did his career in San Francisco at Facebook and Twitter, and we knew that we wanted to build something, and that the long-term goal would be to be the only app that people…
20VC: 3 Addictions Of Early-Stage Startup Founders, How Founders Should Strategically Think Through Unit Economics From Day 1 & Why Micromanagement Can Be Beneficial In The Early Days with Adena Hefets, Co-Founder @ Divvy Homes
- ▶ 12:26 Harry Stebbings oh yeah, Facebook and Google spend, this is where we're going, and you're like,
- ▶ 13:12 unnamed speaker So I'm going to spend Y amount on Facebook this month to hit those growth numbers versus saying I'm truly actually going to do on the ground grassroots efforts to try to get an increase in my user base.
20VC: Vinod Khosla on What Venture Assistance Really Means, Why Many VCs Are Not Qualified To Advise Founders & Why Startups Can Innovate So Much Faster Than Incumbents
- ▶ 13:35 Vinod Khosla It was YouTube and Twitter and Facebook that reinvented media. 2 times in the scene
20VC: Lessons from 150 Angel Investments into the likes of Carta, Gusto, Airtable and Superhuman, Creating Algorithms and Models For Investing At Seed & Why Younger Investors Have An Advantage When It Comes To Finding Deals Early with Jude Gomila, Angel I
- ▶ 18:17 Jude Gomila The way the company impacts the market, like a Facebook situation completely might change the way you think about companies.
Breaking News: Meet First Round Capital's Newest Partner, How To Approach Generational Transition as a Venture Firm & The Dangers of Attribution In Venture
- ▶ 0:37 Harry Stebbings Before first round, he worked on some of the most transformational consumer products of the last decade, including as a PM at Gmail, taking it from zero to two hundred million users, to leading a major redesign of Facebook's newsfeed, to…
- ▶ 0:37 Harry Stebbings Before first round, he worked on some of the most transformational consumer products of the last decade, including as a PM at Gmail, taking it from zero to two hundred million users, to leading a major redesign of Facebook's newsfeed, to…
- ▶ 4:58 Todd Jackson And then I went to Facebook in 2011 because I wanted to experience a different culture 3 times in the scene
- ▶ 8:19 Harry Stebbings To two hundred million, now in a billion, Facebook newsfeed, the Dropbox, and Twitter.
- ▶ 21:41 Phin Barnes As the PM of Gmail and Facebook's newsfeed.
- ▶ 21:41 Phin Barnes As the PM of Gmail and Facebook's newsfeed.
20VC: Moxxie Ventures' Katie Stanton on What It Takes To Raise A First Time Fund As A Solo GP, The Entrance of Multi-Stage Funds Into Seed Rounds and The Inverse Relationship of Those That Fund Diverse Managers and Those That Say They Do
- ▶ 21:38 Katie Stanton So earlier startups used to be able to reach their audiences organically, but now because of distribution consolidations, you see startups that needed to pay for their audiences who are aggregated or consolidated on Facebook or the app… 3 times in the scene
- ▶ 23:29 Harry Stebbings And obviously with the rise of pain, and as we said that with the rise of startup reliance on Google, Facebook, and Amazon, it's a real problem.
20VC: Portfolio Construction, Optimising SPVs, Opportunity Investing "Between Rounds", Being Distribution-Centric Over Product-Centric and Capital Concentration Within Funds With Sumeet Gajri, Chief Strategy Officer @ Carta
- ▶ 28:04 Sumit Gajri Yeah, honestly, the biggest and best companies ever, you know, generational businesses today, the Cisco's, Facebook's, Apple's, Amazon's of the world, they don't rely on those channels very much. 2 times in the scene