Paul Martino

9 statements across 1 episodes · 3 bullish · 3 bearish · 1 people on the record · first statement Nov 16, 2016 by Paul Martino · said 17 times in 6 episodes since 2016 · across every show →

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

Mentions by year

brought up most by Harry Stebbings (12), Semil Shah (4), Jon Dishotsky (1)

tap a year for its mentions
0031622016201720182019202020212022episodesmentions
0122016201720182019202020212022episodes it came up in
0021422016201720182019202020212022episodesmentions per episode
2022 4 mentions in 1 episode
2019 5 mentions in 2 episodes 3 per episode
2017 2 mentions in 1 episode
2016 6 mentions in 2 episodes 3 per episode

every mention, scene by scene, with the transcript →

Everything said about Paul Martino, oldest first

Nov 16, 2016
Insight
Target sectors that were popular two years ago but are now ignored
“But the way I find my new favorite one is what was cool two years ago that's out of favor now, that's what I'm going to be looking at.”
Paul Martino Nov 16, 2016 ▶ 30:28 20VC: Investing In Sectors That Were Cool 2 Years Ago, What Accel's Facebook Fund Taught a Generation of LPs & Why LPs Need A New Discovery Process with Paul Martino, Founding Partner @ Bullpen Capital
Nov 16, 2016
Insight
18 to 24 months is optimal startup runway; 36 breeds complacency
“And so I think 24 months is about the most I'd ever advise a startup company taking in an early stage. I think 36 is too much. But you know what? 12 is probably too little now, given that the depths of the crunch is as bad as it is.”
Paul Martino Nov 16, 2016 ▶ 11:28 20VC: Investing In Sectors That Were Cool 2 Years Ago, What Accel's Facebook Fund Taught a Generation of LPs & Why LPs Need A New Discovery Process with Paul Martino, Founding Partner @ Bullpen Capital
Nov 16, 2016 negative
Assertion Not checkable as stated
Fewer than 10% of new VC funds have unique strategies
“I would say no more than 25 of them have a truly different strategy other than I'm better in this category. I'm better in this geography than these other people. And so it's crazy to me that less than 10% of all of the newly created funds have a different stra…”
Paul Martino Nov 16, 2016 ▶ 26:02 20VC: Investing In Sectors That Were Cool 2 Years Ago, What Accel's Facebook Fund Taught a Generation of LPs & Why LPs Need A New Discovery Process with Paul Martino, Founding Partner @ Bullpen Capital
Nov 16, 2016 positive
Disclosure
Bullpen Capital ignores founder pedigree and screens purely on metrics
“We ignore a lot of that stuff at the front of the screen and just look at the numbers. And what it allows us to do is it allows us to spot a lot of things other people are just missing. Categories, founding teams, and geographies that nobody's paying attention…”
Paul Martino Nov 16, 2016 ▶ 14:41 20VC: Investing In Sectors That Were Cool 2 Years Ago, What Accel's Facebook Fund Taught a Generation of LPs & Why LPs Need A New Discovery Process with Paul Martino, Founding Partner @ Bullpen Capital
Nov 16, 2016 negative
Assertion Partly supported
Accel's returns were not top-tier prior to its Facebook investment
“Excel's returns prior to the Facebook fund weren't the best in the industry, and so some analyst types in the LP community were like, well, you know, should I stay in Excel or not?”
Paul Martino Nov 16, 2016 ▶ 26:49 20VC: Investing In Sectors That Were Cool 2 Years Ago, What Accel's Facebook Fund Taught a Generation of LPs & Why LPs Need A New Discovery Process with Paul Martino, Founding Partner @ Bullpen Capital
Nov 16, 2016 positive
Insight
The largest venture outcomes require pivots and extra discovery time
“And so the more we looked, the more we found that the biggest outcomes of the vintage were companies that had either pivoted once or on their second or third business model, or took a little bit more Time and that learning and discovery phrase to use Mike Mapl…”
Paul Martino Nov 16, 2016 ▶ 9:08 20VC: Investing In Sectors That Were Cool 2 Years Ago, What Accel's Facebook Fund Taught a Generation of LPs & Why LPs Need A New Discovery Process with Paul Martino, Founding Partner @ Bullpen Capital
Nov 16, 2016 positive
Assertion Not checkable as stated
Founders are raising rolling seed tranches with increasing valuation caps
“And another thing that the smart entrepreneurs are doing is some of them are figuring out that they can do it a little bit at a time. I get my first six months on a cap note, and I get my next six months on another note, and I get my next six months on another…”
Paul Martino Nov 16, 2016 ▶ 11:48 20VC: Investing In Sectors That Were Cool 2 Years Ago, What Accel's Facebook Fund Taught a Generation of LPs & Why LPs Need A New Discovery Process with Paul Martino, Founding Partner @ Bullpen Capital
Nov 16, 2016
Assertion Not checkable as stated
Bullpen Capital averages a 20% valuation step-up over prior seed rounds
“We're now 54 deals in across three funds, and on average, the valuation we pay is about 20% higher than the post money of the round in front of us. This is a very interesting statistic, and by the way, let me give you the variance. Our rounds are between flat …”
Paul Martino Nov 16, 2016 ▶ 15:31 20VC: Investing In Sectors That Were Cool 2 Years Ago, What Accel's Facebook Fund Taught a Generation of LPs & Why LPs Need A New Discovery Process with Paul Martino, Founding Partner @ Bullpen Capital
Nov 16, 2016 negative
Opinion
Venture capitalists fail to recognize disruption within their own industry
“It is amazing that for a group of people that fund disruption to be so oblivious to disruption happening to their own business, it is It has been fascinating to me to see people who fund disruption, not understand that an iceberg hit this business over the las…”
Paul Martino Nov 16, 2016 ▶ 19:43 20VC: Investing In Sectors That Were Cool 2 Years Ago, What Accel's Facebook Fund Taught a Generation of LPs & Why LPs Need A New Discovery Process with Paul Martino, Founding Partner @ Bullpen Capital
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.