Operator Partners
5 statements across 2 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Nov 6, 2020 by Zach Weinberg · said 6 times in 3 episodes since 2020 · across every show →
Mentions by year
brought up most by Harry Stebbings (5), Logan Bartlett (1)
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2022 2 mentions in 2 episodes 1 per episode
- Logan Bartlett: WTF is Happening at Growth Stage Investing? | 20VC #920 · 20VC with Harry Stebbings
- 20VC: 13 of the Great Investing Minds on When to Pay Up vs When To Remain Disciplined and Walk Because the Price is too High: The Ultimate Guide to Price Sensitivity
- every mention in 2022, scene by scene →
Everything said about Operator Partners, oldest first
Nov 6, 2020
Weinberg: Seed investments must project at least a 2x Series A step-up
“And we're looking for things where the multiple on the next round, not because I care about the markup at all, but because it shows Real growth and real value creation is more than like two X, let's call it as a baseline. So if I'm going to fund a company at a…”
Nov 6, 2020 positive
Weinberg: Founders should sell under 5% of equity in secondary sales
“For the founder, I encourage them to take enough money off the table that they're comfortable taking a big swing at a bigger outcome. And for some people, just to put some numbers against it, some people, that's a million dollars. Because remember, you're goin…”
Nov 6, 2020 neutral
Nov 6, 2020 positive
Weinberg: Operator Partners exercises Series A pro-rata rights 100% of the time
“For now, what we're generally saying is if the Series A Is getting done and it's getting done at a price that we feel like is reasonable for the business, which most of them are, by the way, that's 80, 90%. Then a hundred percent of the time we're going to par…”
Aug 12, 2022
Weinberg: Operator Partners targets at least 2x next-round valuation step-ups
“We're looking for things where the multiple on the next round, not because I care about the markup at all, but because it shows Real growth and real value creation is more than like two X, let's call it as a baseline. So if I'm going to fund a company at a 10 …”