Ron Bouganim

8 statements across 1 episodes · 3 bullish · 2 bearish · 1 people on the record · first statement Oct 29, 2018 by Ron Bouganim · said 1 times in 1 episodes since 2019 · across every show →

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Everything said about Ron Bouganim, oldest first

Oct 29, 2018
Disclosure
Only two of GovTech Fund's first 19 founders were over 28
“So the data is I've got 19 companies in the portfolio. One is already exited. So of the 19 investments we've made, only two are founders who are over the age of 28.”
Ron Bouganim Oct 29, 2018 ▶ 20:40 20VC: The 2 Core Roles Played By The Best Seed Investors Today, What To Look For In Potential Co-Investors & Why Seed Funds Can Grow Ownership in Their Best Companies Across Rounds with Ron Bouganim, Founder @ Govtech Fund
Oct 29, 2018 bullish
Disclosure
GovTech Fund targets startups hitting $25M ARR within four years of investment
“We're looking for are companies that can hit twenty-five million dollars of annual recurring ARR, annual recurring revenue, Within three to four years of our investment. So that means you roughly need to be growing 15 to 17% per month. We have a number of comp…”
Ron Bouganim Oct 29, 2018 ▶ 18:57 20VC: The 2 Core Roles Played By The Best Seed Investors Today, What To Look For In Potential Co-Investors & Why Seed Funds Can Grow Ownership in Their Best Companies Across Rounds with Ron Bouganim, Founder @ Govtech Fund
Oct 29, 2018
Disclosure
GovTech Fund doubles its ownership stake in select early-stage portfolio companies
“Adding to my position, we would invest typically through a series B kind of round, but I would, in some cases, perhaps even doubled my ownership position over those first early stages.”
Ron Bouganim Oct 29, 2018 ▶ 11:17 20VC: The 2 Core Roles Played By The Best Seed Investors Today, What To Look For In Potential Co-Investors & Why Seed Funds Can Grow Ownership in Their Best Companies Across Rounds with Ron Bouganim, Founder @ Govtech Fund
Oct 29, 2018 positive
Insight
Government agencies actively market software vendors to their peer agencies
“Governments are unique in that when they adopt innovation, one of the things they'll often do, and literally this happens in the U.S. Hundreds of times a day, is once they adopt an innovation in a given department, since they're not earning stock options and b…”
Ron Bouganim Oct 29, 2018 ▶ 19:20 20VC: The 2 Core Roles Played By The Best Seed Investors Today, What To Look For In Potential Co-Investors & Why Seed Funds Can Grow Ownership in Their Best Companies Across Rounds with Ron Bouganim, Founder @ Govtech Fund
Oct 29, 2018 negative
Opinion
Early-stage tech founders do not know how to conduct pipeline reviews
“Even if the entrepreneur thinks they know about pipeline review, they don't, right? And I don't mean that in a condescending way. It's just, I've done this now 20 times with my portfolio companies, plus my own companies, right?”
Ron Bouganim Oct 29, 2018 ▶ 33:08 20VC: The 2 Core Roles Played By The Best Seed Investors Today, What To Look For In Potential Co-Investors & Why Seed Funds Can Grow Ownership in Their Best Companies Across Rounds with Ron Bouganim, Founder @ Govtech Fund
Oct 29, 2018 negative
Insight
Investor and customer introductions are mere table stakes for seed VCs
“Making a few Series A investor intros, or finding a candidate, you know, or making a couple of customer intros. For us, that's table stakes, right?”
Ron Bouganim Oct 29, 2018 ▶ 32:08 20VC: The 2 Core Roles Played By The Best Seed Investors Today, What To Look For In Potential Co-Investors & Why Seed Funds Can Grow Ownership in Their Best Companies Across Rounds with Ron Bouganim, Founder @ Govtech Fund
Oct 29, 2018
Insight
Mission is the only way early startups compete with Big Tech hiring
“Well, the only way you compete with it is mission. And what we are finding across the board Is our millennials and folks straight out of school and so on who really are connecting with these missions, and that has been a major competitive advantage in recruiti…”
Ron Bouganim Oct 29, 2018 ▶ 23:08 20VC: The 2 Core Roles Played By The Best Seed Investors Today, What To Look For In Potential Co-Investors & Why Seed Funds Can Grow Ownership in Their Best Companies Across Rounds with Ron Bouganim, Founder @ Govtech Fund
Oct 29, 2018 bullish
Disclosure
GovTech Fund invested $17M and generated $300M in follow-on capital
“I've invested now seventeen million all in. Our companies have raised nearly three hundred million in follow on capital.”
Ron Bouganim Oct 29, 2018 ▶ 36:56 20VC: The 2 Core Roles Played By The Best Seed Investors Today, What To Look For In Potential Co-Investors & Why Seed Funds Can Grow Ownership in Their Best Companies Across Rounds with Ron Bouganim, Founder @ Govtech Fund
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