Iconic Capital

also referred to as: iconic

includes Iconic Growth

5 statements across 5 episodes · 1 bullish · 2 bearish · 3 people on the record · first statement Aug 28, 2025 by Jason Lemkin · said 4 times in 1 episodes since 2025 · across every show →

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Everything said about Iconic Capital, oldest first

Aug 28, 2025 neutral
Assertion Supported
Lemkin: Iconiq leads Anthropic's new round after Lightspeed led previous round
“Iconic is a lead for this round and Lightspeed led the last round.”
Jason Lemkin Aug 28, 2025 ▶ 33:56 Anthropic's $10B Round, Klarna's IPO, Inside a16z's 72 Deal Seed Investment Machine ft. Marc Benioff · 20VC with Harry Stebbings
Sep 4, 2025 neutral
Assertion Not publicly verifiable
Lemkin: ICONIQ used Statsig acquisition as backdoor to invest in OpenAI
“Iconic rolls over a hundred million into open AI. They're not allowed to invest because they led the anthropic round. Right. So this is the only way they can put nine figures into it because they're soft band or hard band from the round.”
Jason Lemkin Sep 4, 2025 ▶ 16:11 Anthropic Raises $13BN & OpenAI Buys Statsig for $1.1BN All Stock · 20VC with Harry Stebbings
Oct 2, 2025 negative
Assertion Open · timeframe Oct 2026
Lemkin: AI-native startups under $100M ARR average -126% cash margins
“AI native companies, the ones we're all so excited about growing so quickly under a hundred million ARR. Have terrible free cash flow margins -126%. It's much worse. Non-AI companies are -56%.”
Jason Lemkin Oct 2, 2025 ▶ 1:33 Are Burn Multiples BS in an AI World? & Sam Altman Needs $1TRN of Energy · 20VC with Harry Stebbings
Nov 10, 2025 negative
Opinion
Randle: New partners at mega VC funds get narrow coverage
“If there's 50 investors if you come in and you're like the 23rd partner at like, I don't know, like Iconic or like one of these places like what companies do you get to cover? And so they, like that, that's the first problem is like you end up getting like a v…”
Everett Randle Nov 10, 2025 ▶ 1:07:23 Benchmark's GP, Everett Randle on Why Mega Funds Will Not Produce Good Returns · 20VC with Harry Stebbings
May 11, 2026 positive
Disclosure
Forquer: Legora leverages investors like Bessemer and GC to close deals
“A hundred percent. I mean, with our, the cool thing about the space that we're occupying is because the VCs themselves, like if you think about Iconic, General Catalyst, Bessemer, they have huge legal networks themselves. They're big spenders on legal services…”
Patrick Forquer May 11, 2026 ▶ 32:40 Inside Legora: Jude Law Generated $50M Pipeline | Are They Undervalued at $5.5BN? | Patrick Forquer · 20VC with Harry Stebbings
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