Fritz Lanman
7 statements across 1 episodes · 5 bullish · 2 bearish · 1 people on the record · first statement Jul 20, 2018 by Fritz Lanman · across every show →
On the record as a speaker too: Fritz Lanman's record, appearances and statements → this page counts the times other people say the name.
Everything said about Fritz Lanman, oldest first
Jul 20, 2018 positive
Lanman invested in Pinterest after seeing his wife use it for weddings
“Pinterest is another example where I had never been using catalogs and stuff. I'd collected butterflies as a kid and done some of these things that I think work well in terms of this digital form of Pinterest, but really it was only until I went to my wife and…”
Jul 20, 2018 negative
Angel investors never solve startup problems or drive company success
“An angel, at least, has never solved, as far as I know, solved the business's problems or been responsible for a startup success. It's always about the operators figuring it out on their own with some guidance and some coaching and feedback”
Jul 20, 2018 bullish
Jul 20, 2018 negative
Thesis-driven angel investing fails because modeling world opportunities is too hard
“I used to be a thesis driven angel investor where I would come in and I had a thesis about a given sector and I'd look for a company that fits that thesis and then I'd invest in it. But I very quickly learned that it's too hard to model the world and all of th…”
Jul 20, 2018 positive
Jul 20, 2018 positive
Startups should celebrate venture financings as lagging indicators of performance
“And this industry always says we shouldn't celebrate financings, and I say bullshit to that. The reason is that a financing is a lagging indicator of whatever you've done over the last six, 1218 months, and so it's a reflection that you did something good, tha…”
Jul 20, 2018 positive
Lanman invested in Square without understanding the payments industry
“I mean, my first one was square and I had looked into payments a bit for Microsoft because, you know, we had so much cash in the balance sheet that one of the things we could have done was become a bank. And we could have gone after digital currencies and stuf…”