Jeff Seibert
45 statements across 4 episodes · 11 bullish · 15 bearish · 2 people on the record · first statement Jan 29, 2016 by Jeff Seibert · said 34 times in 16 episodes since 2016 · across every show →
On the record as a speaker too: Jeff Seibert's record, appearances and statements → this page counts the times other people say the name.
Mentions by year
brought up most by Harry Stebbings (33), Wayne Chang (1)
tap a year for its mentions
2021 8 mentions in 4 episodes 2 per episode
- 20VC: Benchmark's Peter Fenton on The Single Question That Defines The Art of Early Stage Venture, Marketing Timing Risk, Why The Oversupply of Capital Is Good & His Biggest Lessons from 12 Years On The New Relic Board
- 20VC: Basecamp CEO Jason Fried on His Relationship To Risk, Money, Vulnerability and Self-Doubt, Fantasising About Being Fired, How To Optimise Decision-Making and Minimising Regret
- 20VC: Tony Fadell "The Father of The iPod" on Mentors, Self-Doubt, Vulnerability, His Relationship To Money, Why Entrepreneurs Need to Be Coachable, Why VCs Need To Be More Direct & Why The First Trillionaire Will Innovate Around Climate Change
- 20VC: Spotify Founder Daniel Ek on Optimising Decision-Making, Structuring Effective Learning Processes, The Trials and Tribulations in The Transition From Founder To CEO & The Future of Building Prima Materia with Shakil Khan
- every mention in 2021, scene by scene →
2020 14 mentions in 7 episodes 2 per episode
- 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
- 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
- 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*
- 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?
- 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
- 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
- 20VC: Biggest Lessons From Opendoor's Scaling Journey, How To Implement Systems for Growth & The Right Way To Structure Customer Discovery Processes with Julia DeWahl, Angel Investor
- every mention in 2020, scene by scene →
2019 1 mention in 1 episode
2018 1 mention in 1 episode
2017 6 mentions in 1 episode
2016 4 mentions in 2 episodes 2 per episode
Everything said about Jeff Seibert, oldest first
Jan 29, 2016 negative
Jeff Seibert: Acqui-hires are bad from a startup perspective
“Not a fan. In they're pretty good from the larger company's perspective, because you get a team for a relatively low price that you know works well together. And that you can't undervalue. From the startup side, I'm not a fan because I'm, I deeply believe in s…”
Jan 29, 2016
Seibert: Founders must dampen startup volatility to keep teams productive
“And I think in retrospect, it's your job as the founder to really dampen this roller coaster for your team so that they can remain productive and give your team a really set direction that they feel comfortable and confident executing on.”
Jan 29, 2016
Seibert: Entrepreneurs shouldn't wait for a mind-blowing, perfect idea
“And I think that was the first big lesson I learned is not to sort of hold out for this perfect concept that's going to blow the world away. Very, very few businesses start out as this like mind blowing idea that no one's ever thought of.”
Jan 29, 2016
Jan 29, 2016
Seibert: Acquired founders should negotiate 6-to-9-month reporting commitments
“What I would have done in retrospect is sought some commitment to continue to report to that person for X period of time. I don't think it's fair or actually good to say, Hey, I want to indefinitely report to this person. You want to move around as the company…”
Jan 29, 2016
Jan 29, 2016 bullish
May 1, 2020
May 1, 2020
May 1, 2020 positive
Paired Buddy Systems Remove the Need for Scheduled Meetings at Digits
“The way this works is we do what's called a buddy system, so every project every week is tackled by two people, some two to four people, but usually two people, and the reason is it's because you're remote, right? Instead of sort of working by yourself in your…”
May 1, 2020 positive
Digits Raised Over $32M From Benchmark, GV, and Angel Founders
“To date, Wayne and Jeff have raised over thirty-two million dollars for Digits, from some of the best in the business, including Peter Fenton at Benchmark, and Jess Verrilli at GV, and then also the most incredible base of angels, with the founders from Box, G…”
Nov 22, 2023 positive
Seibert: Down markets enable higher startup talent density than bull markets
“I actually love sort of down markets because I think in the very hot markets, it's too easy to raise capital and you peel off all the sort of like fantastic second engineers or product managers or designers or whoever they might be, and they go get funding and…”
Nov 22, 2023 negative
Nov 22, 2023
Nov 22, 2023 positive
Seibert: Emotional attachment to a problem is a founder superpower
“I think it's so much easier to build something that you personally feel than have to sort of try to interpret other people's thoughts and beliefs about it. So no, I would not be worried about getting too emotionally involved. I think that's a superpower.”
Nov 22, 2023 bearish
Seibert: 10-15x paper valuations often fail to deliver actual cash returns
“So I had the opportunity to take some money off the table in a deal. So I got a three X return, right? Returned cash in the bank, three X return on paper. It's gone on to do another 10 to 15 X, but I'm worried that valuation's fake. I don't think it'll ever re…”
Nov 22, 2023
Nov 22, 2023 positive
Nov 22, 2023
Nov 22, 2023 positive
Nov 22, 2023 positive
Seibert exited his $10k Alchemy investment at a 200x return
“A college friend of mine was prototyping what was gonna be a new teenage social network, and I invested 10 K. I was like, the guy's smart. Let's see what happens. He eventually pivoted that into down to lunch, which did well for a bit and then failed, unfortun…”
Nov 22, 2023
Nov 22, 2023
Seibert: Two oversized angel investments I felt certain about went to zero
“So on two of them, actually two of my biggest failures, I was so convinced. I was like, this is a no brainer. This is going to be a huge home run. I'm going to put in way more than I usually do. Usually I try to stay pretty disciplined on check size and both o…”
Nov 22, 2023 bearish
Nov 22, 2023
Nov 22, 2023 bearish
Seibert: In 5 years, AI wrappers will look like MySQL forms
“It's really important to me that people view this as a technology. It is like your MySQL database. MySQL was very popular 20 years ago, right? Like it was super cool what it could do. And it's still cool, but if you try to go raise money on you've built a form…”
Nov 22, 2023 negative
Nov 22, 2023 negative
Nov 22, 2023 negative
Nov 22, 2023 negative
Seibert: Designing software features for the average user is a mistake
“So the product managers who were super data-driven started designing and building features for the average user, because that's what the data told them. And they actually believed that there was something such as an average Twitter user. It's such a huge mista…”
Nov 22, 2023
Nov 22, 2023 neutral
Seibert: 30 of my 97 angel investments have failed outright since 2014
“So since 2014, I have angel invested in 97 startups. And I just did the count so far, 30 have failed outright. So about a third, another 19 are still at one X. So basically haven't gone anywhere. And if you look at the overall portfolio, really, it's like 10 o…”
Nov 22, 2023
Nov 22, 2023 negative
Nov 22, 2023
Seibert: Customer obsession drives founder success over technical skill
“I'd say looking at my portfolio, it's not even necessarily the most techie founders that are successful, but the most sort of customer obsessed and just like really deeply personally understand the market and really want to solve it. And usually have some patt…”
Nov 22, 2023 bullish
Nov 22, 2023 neutral
Nov 22, 2023
Seibert: Investors should avoid asking motivated founders for cash back
“I, so I am biased obviously by the founder side, but I think it's very scenario dependent. So if the founder is still like excited, the team is there, they have grit. Like, I don't think you can ask for cash back. I think like, You want to bet on the founder? …”
Nov 22, 2023 negative
Seibert: Scale-ups adding AI features like Dropbox are just riding the hype wave
“They really are. And one of the funnier ones to me is Dropbox. Now Dropbox has a built-in AI, and I don't know, I mean, I'm sorry, Drew, but I just want Dropbox to store the files. Bandwagon ride the hype wave aspect.”
Nov 22, 2023 bearish
Nov 22, 2023 positive
Nov 22, 2023 bullish
Nov 24, 2023 bearish
Seibert: Foundational AI models will inevitably be commoditized
“I certainly think we will, and this may not be a popular position, Obviously, opening eyes, charging ahead, sort of leading the way right now. I think the market forces at work mean there's just immense energy to have an open source equivalent. Meta appears to…”
Nov 24, 2023 bearish
Seibert: On-device iPhone LLMs will make OpenAI obsolete within five years
“I bet Apple can and will, and so if you project forward five years, if they get to the point where they can run a sufficiently large LLM on your iPhone, then OpenAI is out of the picture. Don't even need to hit their servers. It's just on your phone.”
Nov 24, 2023 bearish
Seibert: AI will be commoditized quickly without disrupting existing software pricing
“So this may be just me, but I very much see AI as a tool, not a product. And so it's a technology. It's like your database. It's like Memcash back in the day, and so because of that, I don't think it'll change how people price in specific industries. Like, if …”