gross profit

also referred to as: gross profits

4 statements across 4 episodes · 1 bullish · 0 bearish · 4 people on the record · first statement Apr 12, 2021 by Nik Storonsky · across every show →

Everything said about gross profit, oldest first

Apr 12, 2021 bullish
Prediction Not checkable as stated
Storonsky: Revolut reinvests 100% of its gross profits into marketing
“So our view is we optimize as much as possible gross profit. So we minimize costs, we optimize revenues on the one side, then we generate profits, and then all the profits we invest in marketing.”
Nik Storonsky Apr 12, 2021 ▶ 14:57 20VC: Revolut Founder Nikolay Storonsky on His Leadership Style and Relationship To Ambition, His Biggest Lessons From Scaling Revolut Globally; What Worked, What Did Not & Why Speed of Product Shipment is The Most Important Thing
Oct 10, 2022 neutral
Assertion Supported
Gerstner: Tiny fraction of VC deals generates majority of industry profits
“That's a tiny number of firms and a tiny number of deals that represent the vast majority of the gross profits that get generated in the industry.”
Brad Gerstner Oct 10, 2022 ▶ 10:18 Brad Gerstner: How I Pick Companies; Lessons from Warren Buffet; Chamath vs Gurley | E935 · 20VC with Harry Stebbings
Mar 26, 2025
Insight
Green: Private companies frequently fudge gross profit numbers via COGS manipulation
“There's a lot of ways to fudge gross profit numbers and through cogs and all that kind of stuff.”
Mitchell Green Mar 26, 2025 ▶ 1:11:46 Mitchell Green, Founder @ Lead Edge Capital: Why Traditional VC is Broken · 20VC with Harry Stebbings
Sep 26, 2025
Insight
Gibson: Product trade-offs should be evaluated using a single metric like gross profit
“We try and denominate the different ideas in terms of the impact they can have on those goals. So let's say gross profit is your ultimate goal. You should be able to do some pretty basic calculations on should you build your new, let's say localized tax featur…”
James Gibson Sep 26, 2025 ▶ 29:34 20Product: Revolut Business $1BN Revenue: Five of the Biggest Product Lessons | How Revolut Structures Product and Design Teams | How Revolut Experiments and Invests in New Product Bets | How Revolut Ships Product So Fast with James Gibson
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 1,200 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.