Michael Dearing

8 statements across 1 episodes · 2 bullish · 2 bearish · 1 people on the record · first statement Oct 9, 2017 by Michael Dearing · said 45 times in 13 episodes since 2015 · across every show →

On the record as a speaker too: Michael Dearing's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Harry Stebbings (21), Rachel Carlson (6), Andy Pflaum (5), David Rogier (4), Jenny Lefcourt (3), Hunter Walk (2), Charles Hudson (2), Samir Kaji (1)

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2023 2 mentions in 1 episode
2019 19 mentions in 3 episodes 6 per episode
2018 15 mentions in 3 episodes 5 per episode
2017 1 mention in 1 episode
2016 7 mentions in 4 episodes 2 per episode
2015 1 mention in 1 episode

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Everything said about Michael Dearing, oldest first

Oct 9, 2017
Insight
Dearing: Founder exceptionalism is independent of pedigree or brand-name experience
“That personal exceptionalism, that sense that they are special, that they are destined for really unique outcomes relative to their peer group, I think that shows up early in somebody's life. And it's independent, quite independent of pedigree or brand name wo…”
Michael Dearing Oct 9, 2017 ▶ 5:44 20VC: Michael Dearing on 5 Key Principles He Uses To Assess Startup Founders, Why Benevolent Dictatorship Is A Beautiful Thing & Why Markets Are Better Capital Allocators Than CEOs
Oct 9, 2017 positive
Insight
Dearing: Executives are paid for judgment, not running A/B tests
“And listen, this is what we pay people for is to make judgments. We don't pay people to run AB tests. We don't pay people to do boil the ocean analytics on what is the quote right answer. We pay people for their judgment.”
Michael Dearing Oct 9, 2017 ▶ 23:53 20VC: Michael Dearing on 5 Key Principles He Uses To Assess Startup Founders, Why Benevolent Dictatorship Is A Beautiful Thing & Why Markets Are Better Capital Allocators Than CEOs
Oct 9, 2017
Disclosure
Dearing: Harrison Metal cut reserves over values violations only twice in 100+ deals
“I've rarely come into a situation where I've completely pulled out. I mean, it has happened, but usually for real values violations, you know, dishonesty, and thank God that's only happened, like, you know, two times out of more than a hundred cases.”
Michael Dearing Oct 9, 2017 ▶ 17:10 20VC: Michael Dearing on 5 Key Principles He Uses To Assess Startup Founders, Why Benevolent Dictatorship Is A Beautiful Thing & Why Markets Are Better Capital Allocators Than CEOs
Oct 9, 2017 positive
Opinion
Dearing: Seed equity market rounds are priced reasonably
“So I would say on the equity side of the market, I believe for the most part, companies are priced reasonably.”
Michael Dearing Oct 9, 2017 ▶ 14:33 20VC: Michael Dearing on 5 Key Principles He Uses To Assess Startup Founders, Why Benevolent Dictatorship Is A Beautiful Thing & Why Markets Are Better Capital Allocators Than CEOs
Oct 9, 2017 negative
Opinion
Dearing: It is a pathetic indictment that basic management makes founders exceptional
“And I also think this checklist of five things that McCallum gave us, if they are good at those five things, they are in the Pathetic indictment of the state of general management that it's that easy to be exceptional, but it really is.”
Michael Dearing Oct 9, 2017 ▶ 10:48 20VC: Michael Dearing on 5 Key Principles He Uses To Assess Startup Founders, Why Benevolent Dictatorship Is A Beautiful Thing & Why Markets Are Better Capital Allocators Than CEOs
Oct 9, 2017 neutral
Insight
Dearing: Valuation is a VC's primary tool for risk management
“Pricing is the way that we manage our risk. It's the primary tool I have to manage my own risk in the situation. And so as my risk goes up, my price should go down and vice versa.”
Michael Dearing Oct 9, 2017 ▶ 13:17 20VC: Michael Dearing on 5 Key Principles He Uses To Assess Startup Founders, Why Benevolent Dictatorship Is A Beautiful Thing & Why Markets Are Better Capital Allocators Than CEOs
Oct 9, 2017
Insight
Dearing: Perfect market timing is impossible, making survival a management challenge
“I would say, though, that if you start with the premise that timing is always slightly wrong, I mean, listen, what are the odds that we invent something, we productize it, and we turn it into a company at exactly the right moment? It's practically impossible. …”
Michael Dearing Oct 9, 2017 ▶ 11:36 20VC: Michael Dearing on 5 Key Principles He Uses To Assess Startup Founders, Why Benevolent Dictatorship Is A Beautiful Thing & Why Markets Are Better Capital Allocators Than CEOs
Oct 9, 2017 bearish
Opinion
Dearing: Convertible debt seed market is terribly toxic and undisciplined
“On the convertible debt side of the market, I think it's terribly toxic and about as undisciplined as it could possibly be.”
Michael Dearing Oct 9, 2017 ▶ 14:50 20VC: Michael Dearing on 5 Key Principles He Uses To Assess Startup Founders, Why Benevolent Dictatorship Is A Beautiful Thing & Why Markets Are Better Capital Allocators Than CEOs
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