revenue

21 statements across 21 episodes · 7 bullish · 8 bearish · 19 people on the record · first statement Apr 27, 2016 by John Frankel · across every show →

Everything said about revenue, oldest first

Apr 27, 2016 negative
Disclosure
John Frankel Says Worst Performers Took Years to Generate Revenue
“The worst companies we've seen in our portfolio have been the ones that take three, four years to get to revenue, three, four years to get, to prove their ideas against customer engagement.”
John Frankel Apr 27, 2016 ▶ 14:42 20VC: Why Every Successful Company Pivots and Good Companies Get Funded in Good & Bad Markets with John Frankel, Founding Partner @ ff Venture Capital
May 24, 2019 negative
Insight
Collin: Founders should not switch update metrics when performance drops
“The first one is you should choose the metrics that you will track and you should not change them. Too often I've seen entrepreneurs For example, track revenue, and then maybe revenue is not going as well as expected, so all of a sudden we'll switch to DAUs be…”
Mathilde Collin May 24, 2019 ▶ 9:32 20VC: Front's Mathilde Collin on Why Discipline Is More Important Than Vision, The Right Way To Approach Investor Updates and Director Reports & How To Effectively Structure 1-1s
Sep 20, 2019 positive
Insight
Akhund: Revenue and net revenue are the most important pitch deck metrics
“At the end of the day, revenue and net revenue is the most important metric.”
Immad Akhund Sep 20, 2019 ▶ 29:37 20VC: Mercury Founder Immad Akhund on Why Angel Investing Makes Founders Better Operators, The Right Way For Founders To Discuss and Present Competition To Investors & How To Think About Your Initial Wedge Into The Market and How It Expands Over Time
Nov 8, 2019 negative
Insight
Denehy: Evaluating product-market fit based solely on revenue is lazy
“Revenue as a marker for product market fit on its own is probably a lazy way to look at it.”
Ryan Denehy Nov 8, 2019 ▶ 6:25 20VC: Why Pre-Product Market Fit Is About Systems Design Not Engineering, The Right Way For Leaders To Approach Wartime Leadership Today & A Guide To Recruitment Forward Planning with Ryan Denehy, Founder & CEO @ Electric
Apr 19, 2023
Insight
Logos matter far more than revenue in early-stage sales
“The, those first sales, I don't think about revenue as being important. The revenue or the currency that matters in those first sales are the logos. You need to be acquiring logos. You need to be able to say, hey, this company works with us. That gives you cre…”
Mark Goldberger Apr 19, 2023 ▶ 9:00 Mark Goldberger: The Ultimate Guide to Enterprise Sales | E1003 · 20VC with Harry Stebbings
Jul 26, 2023 negative
Insight
Stebbings: Revenue is an output metric, not a valid North Star
“Often it's revenue and revenue for me is an output. It's not an input.”
Harry Stebbings Jul 26, 2023 ▶ 8:01 Sri Batchu: Biggest Growth Lesson from Instacart & Opendoor; 70% of Experiments Should Fail | E1040 · 20VC with Harry Stebbings
Sep 20, 2023 bullish
Assertion Not checkable as stated
Lemkin: Founders won't quit once revenue exceeds $50M-$100M
“If you're at scale, if you're north of 50, a hundred million in revenue, the founders aren't going to quit. Just, worst case, you lose 20 or 30%. It's not the end of the world, right?”
Jason Lemkin Sep 20, 2023 ▶ 1:23:15 Is the VC Model Broken? Jason Lemkin, Mike Maples, Eric Paley & Harry Stebbings Debate | E1062 · 20VC with Harry Stebbings
May 31, 2024 negative
Insight
Lerner: Revenue is the wrong North Star metric for early-stage startups
“The biggest mistake with North Star, and it's a very reasonable one, is they choose their North Star as revenue, or profits.”
Matt Lerner May 31, 2024 ▶ 14:00 Matt Lerner: How to Hire Growth Leaders and Teams and Why in a World of AI | E1159 · 20VC with Harry Stebbings
Jun 14, 2024 negative
Opinion
Stebbings: A company's North Star metric should never be revenue
“I always say your North Star should never be revenue.”
Harry Stebbings Jun 14, 2024 ▶ 21:42 Janie Lee: Three Core Skills that Make the Best PMs | E1165 · 20VC with Harry Stebbings
Aug 23, 2024
Insight
Product teams are ultimately responsible for revenue alongside sales
“They are, in fact, while not as directly responsible as sales, they're still responsible for revenue.”
Chad Peets Aug 23, 2024 ▶ 22:50 Chad Peets: Why Most Sales Reps Underperform & Remote Reps Ignore Development | E1193 · 20VC with Harry Stebbings
Sep 23, 2024 bullish
Prediction Not checkable as stated
Gurski: Flo Health can reach $600M revenue in several years
“It's achievable in several years for us to be in the range of six hundred million.”
Dmitry Gurski Sep 23, 2024 ▶ 1:00:45 Dmitry Gurski: From Potato Farm to $200M in Revenue: The Never-Before-Told Story of Flo Health|E1205 · 20VC with Harry Stebbings
Dec 9, 2024 positive
Assertion Supported
Benioff: Salesforce Guides to $38B Revenue and $12.9B Cash Flow
“We had a great quarter, Harry. We delivered, you know, clear guidance to thirty eight billion in revenue this year, 12.9 billion in cash flow 32.9% margins.”
Marc Benioff Dec 9, 2024 ▶ 5:21 Marc Benioff, Salesforce Founder: Why Salesforce Isn't Hiring Software Engineers | E1236 · 20VC with Harry Stebbings
Mar 17, 2025
Insight
Rangan: Pricing strategy should attract revenue rather than maximize it
“Pricing strategy should not be to chase revenue, but it should be to attract revenue.”
Yamini Rangan Mar 17, 2025 ▶ 48:27 Yamini Rangan, CEO @ HubSpot: How HubSpot Competes Against Salesforce · 20VC with Harry Stebbings
Apr 11, 2025
Insight
Nayak: Technical debt cleanup requires evidence of revenue or customer impact
“You actually want evidence of technical debt affecting revenue, affecting customer outcomes. And you want to compile the evidence because otherwise if you don't have evidence or you just refer it to as like technical debt overall, it is just like, you can go f…”
Aatish Nayak Apr 11, 2025 ▶ 32:04 20Product: How Scale AI and Harvey Build Product | Why PMs Are Wrong: They are not the CEOs of the Product | How to do Pre and Post Mortems Effectively and How to Nail PRDs | The Future of Product Management in a World of AI with Aatish Nayak
Jun 2, 2025
Disclosure
Mohan: Windsurf abandoned millions in revenue to pivot to code AI
“Despite the fact that we had, we were making a couple million in revenue off the previous business.”
Varun Mohan Jun 2, 2025 ▶ 10:58 Windsurf CEO & Co-Founder, Varun Mohan: AI's Biggest Acquisition to Date! · 20VC with Harry Stebbings
Aug 18, 2025 positive
Disclosure
Osika: 80% of Lovable's revenue comes from complex app builders
“And 80% of people are in the first category. They're building real complex applications.”
Anton Osika Aug 18, 2025 ▶ 21:06 Lovable CEO, Anton Osika: The State of Foundation Models, Grok vs OpenAI, and Replit vs Bolt · 20VC with Harry Stebbings
Oct 27, 2025 negative
Assertion Supported
Cahn: Chip makers finance AI buildouts to book revenue circularly
“The chip companies are now stepping up and saying, okay, we'll absorb some of the risk. We'll put in the capital to finance this build out where the demand on the other side is not so clear because of course the chip companies also get to book this as revenue.”
David Cahn Oct 27, 2025 ▶ 24:05 Sequoia Partner, David Cahn on Who Wins in AI, Defence & The New $0–$100M Playbook · 20VC with Harry Stebbings
Jan 8, 2026 neutral
Assertion Partly supported
O'Driscoll: Groq generated $4M in 2023 and ~$40M in 2024 revenue
“As I said, four million dollars in 23, forty-ish in 24.”
Rory O'Driscoll Jan 8, 2026 ▶ 5:43 Groq’s $20BN NVIDIA Deal | Why Sam Altman Doesn’t Care About Dilution & Invisible Unemployment 2026 · 20VC with Harry Stebbings
Feb 5, 2026 bullish
Assertion Not checkable as stated
Lemkin: AI compute capacity and revenue have a direct 1:1 correlation
“Compute and revenue have a one-to-one correlation. So as long as that holds, it makes sense to consume every single penny of capital on all of Planet Earth.”
Jason Lemkin Feb 5, 2026 ▶ 11:48 The SaaS Massacre: Public Market Collapse |Microsoft Lost $360B & NVIDIA’s $100B Dispute with OpenAI
Apr 27, 2026 negative
Insight
Adam Foroughi: Token Budgeting and Leaderboards Lead to Wasted Corporate Capital
“To my point, I think it's flawed logic, because if you just throw a budget at people and you create a leaderboard of token usage, what are people going to do? Create a bunch of crap that has no value. And all of a sudden you burn your budget, you're paying rea…”
Adam Foroughi Apr 27, 2026 ▶ 1:07:08 AppLovin CEO: Why Founders Shouldn't Angel Invest & Why the Best Don't Need Mentorship · 20VC with Harry Stebbings
Sep 12, 2026 positive
Assertion Not checkable as stated
Franceschetti: Word of mouth drives about 40% of Eight Sleep revenue
“In our case, word of mouth keeps compounding. We are around 40% of our revenue, even at our size, which starts being really big is 40%.”
Matteo Franceschetti Sep 12, 2026 ▶ 4:49 Labour, Engineering, Social Media, GrokBots, Cybercabs: 7 Predictions for How AI Changes the World
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