Sam Lessin

29 statements across 4 episodes · 11 bullish · 15 bearish · 1 people on the record · first statement May 25, 2016 by Sam Lessin · said 48 times in 18 episodes since 2016 · across every show →

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

Mentions by year

brought up most by Harry Stebbings (27), Dave Morin (7), Matt Mazzeo (6), Jason Lemkin (3), Mike Maples (2), Will Quist (1), Gary Liu (1), Alexa von Tobel (1)

tap a year for its mentions
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03620162017201820192020202120222023202420252026episodes it came up in
00336620162017201820192020202120222023202420252026episodesmentions per episode
2026 1 mention in 1 episode
2025 3 mentions in 2 episodes 2 per episode
2023 13 mentions in 6 episodes 2 per episode
2022 2 mentions in 1 episode
2020 5 mentions in 1 episode
2019 2 mentions in 2 episodes 1 per episode
2017 1 mention in 1 episode
2016 21 mentions in 4 episodes 5 per episode

every mention, scene by scene, with the transcript →

Everything said about Sam Lessin, oldest first

May 25, 2016 negative
Opinion
Lessin: The internet has failed as an information platform
“I personally believe the internet has mostly failed in its mission to become an information platform. It's a great content platform. It's super engaging, but it doesn't inform the way I expect it to. I'm super disappointed in Wikipedia.”
Sam Lessin May 25, 2016 ▶ 15:18 20VC: Sam Lessin on Why Bots Will Change Business & The Internet Has Mostly Failed
May 25, 2016 positive
Disclosure
Lessin was the first investor in Birchbox and Venmo
“And so I was, you know, one of the first investors in MakerBot and the first investor in Birchbox and, you know, the first investor in Venmo and a bunch of awesome companies.”
Sam Lessin May 25, 2016 ▶ 2:51 20VC: Sam Lessin on Why Bots Will Change Business & The Internet Has Mostly Failed
May 25, 2016 negative
Assertion Supported
Lessin: The long tail of mobile apps has failed
“The long tail of apps has mostly failed, right? The real estate and time and attention has been taken up by a few head application publishers.”
Sam Lessin May 25, 2016 ▶ 14:26 20VC: Sam Lessin on Why Bots Will Change Business & The Internet Has Mostly Failed
May 25, 2016 bullish
Opinion
Lessin: Augmenting memory is the most compelling bot use case
“I'll tell you the thing that I love the most is augmenting my memory. I don't have the world's greatest memory. I like to take lists. I try to keep lists together and things like that, but I find it really, really hard to keep track of all The ideas and people…”
Sam Lessin May 25, 2016 ▶ 8:56 20VC: Sam Lessin on Why Bots Will Change Business & The Internet Has Mostly Failed
Feb 4, 2019 positive
Insight
Operating and investing simultaneously makes you better at both
“I'm a huge believer in investing and operating at the same time. I think being an investor who makes you a much Better operator and being an operator makes you a better investor. You know, investors can't go deep on anything, and they really don't understand w…”
Sam Lessin Feb 4, 2019 ▶ 32:36 20VC: Slow Ventures' Sam Lessin on How VC Forces Certain Companies To Exist and Makes It Difficult To Finance Others, Why Cities Won't Let Scooter Companies Be Profitable and Why Dapps Are A Concern and Where Emphasis Should Be Placed In Crypto
Feb 4, 2019 neutral
Prediction Not checkable as stated
Full AI adoption in knowledge work will take 15 to 20 years
“It's going to be faster. Maybe it's 20 years, right, for AI, or 15 years for AI to be adopted, but it's also not tomorrow.”
Sam Lessin Feb 4, 2019 ▶ 9:55 20VC: Slow Ventures' Sam Lessin on How VC Forces Certain Companies To Exist and Makes It Difficult To Finance Others, Why Cities Won't Let Scooter Companies Be Profitable and Why Dapps Are A Concern and Where Emphasis Should Be Placed In Crypto
Feb 4, 2019 negative
Disclosure
Slow Ventures avoids dApp investments to focus on crypto protocols
“First, we, I generally don't invest in dApps. Again, like we're much more focused on protocols. There are very few exceptions we would make to that.”
Sam Lessin Feb 4, 2019 ▶ 21:26 20VC: Slow Ventures' Sam Lessin on How VC Forces Certain Companies To Exist and Makes It Difficult To Finance Others, Why Cities Won't Let Scooter Companies Be Profitable and Why Dapps Are A Concern and Where Emphasis Should Be Placed In Crypto
Feb 4, 2019 positive
Prediction Not checkable as stated
Knowledge work will shift to on-demand cloud infrastructure
“And I think, you know, the future of work probably looks a lot more like this kind of cloud metaphor where, you have kind of the ability as a firm or as someone who needs to get a task on a turn on or turn off capacity. Utilization can go up. You know, you hav…”
Sam Lessin Feb 4, 2019 ▶ 11:13 20VC: Slow Ventures' Sam Lessin on How VC Forces Certain Companies To Exist and Makes It Difficult To Finance Others, Why Cities Won't Let Scooter Companies Be Profitable and Why Dapps Are A Concern and Where Emphasis Should Be Placed In Crypto
Aug 11, 2023 negative
Disclosure
Lessin: I never successfully hired sales talent during my founder career
“I would actually argue in my life as an entrepreneur, I've like never successfully hired sales.”
Sam Lessin Aug 11, 2023 ▶ 48:20 DEBATE: State of Seed Investing w/ Jason Lemkin, Sam Lessin, Frank Rotman & Harry Stebbings | E1047 · 20VC with Harry Stebbings
Aug 11, 2023 bullish
Disclosure
Lessin: Slow Ventures made a 1,000x return on its Solana seed
“Like, I made a thousand X on our Solana seed, right?”
Sam Lessin Aug 11, 2023 ▶ 21:19 DEBATE: State of Seed Investing w/ Jason Lemkin, Sam Lessin, Frank Rotman & Harry Stebbings | E1047 · 20VC with Harry Stebbings
Aug 11, 2023 bullish
Prediction Not checkable as stated
Lessin: Founders will prefer 80% of a $50M business over VC scale
“I actually am very optimistic that there's gonna be a whole generation of people like, oh shit, I would, you know, I, it is a much better life to own 80% of a business that has fifty million top line than on 10% of a business that does 500, right? With a bunch…”
Sam Lessin Aug 11, 2023 ▶ 30:40 DEBATE: State of Seed Investing w/ Jason Lemkin, Sam Lessin, Frank Rotman & Harry Stebbings | E1047 · 20VC with Harry Stebbings
Aug 11, 2023
Disclosure
Lessin: I personally invest in deals Slow Ventures deems too expensive
“There are places like, you know, in history, there have been a few instances, my partners are like, we like the deal, it's too expensive. I'm like, ah, fuck it. I'll put in a few personal dollars because like, who cares? It's so little money, right?”
Sam Lessin Aug 11, 2023 ▶ 12:48 DEBATE: State of Seed Investing w/ Jason Lemkin, Sam Lessin, Frank Rotman & Harry Stebbings | E1047 · 20VC with Harry Stebbings
Aug 11, 2023 bearish
Assertion Supported
Lessin: VC funds are cutting target sizes amid LP pullback
“They're funds, they're cutting fund sizes left and right, and they're combining funds to bulk them up.”
Sam Lessin Aug 11, 2023 ▶ 57:36 DEBATE: State of Seed Investing w/ Jason Lemkin, Sam Lessin, Frank Rotman & Harry Stebbings | E1047 · 20VC with Harry Stebbings
Aug 11, 2023 bullish
Prediction Not checkable as stated
Lessin: Slow Ventures will target sub-$5M valuation, self-sustaining seed deals
“I am very excited to fund a bunch of companies at five and under in weird things that are coming to you because no one else will give them money that are going to be highly profitable on the way up and create option value down the line. Right. So it's kind of …”
Sam Lessin Aug 11, 2023 ▶ 1:01:50 DEBATE: State of Seed Investing w/ Jason Lemkin, Sam Lessin, Frank Rotman & Harry Stebbings | E1047 · 20VC with Harry Stebbings
Aug 11, 2023 negative
Insight
Lessin: VC's worst outcome is picking a winner without equity upside
“You know, I think the most depressing thing in the world is not being wrong. It's being right and not making money. You know, being right to the tune of, like, having these epic outcomes and being like, ah, fuck, that was a one-ex returner of the fund, right? …”
Sam Lessin Aug 11, 2023 ▶ 23:22 DEBATE: State of Seed Investing w/ Jason Lemkin, Sam Lessin, Frank Rotman & Harry Stebbings | E1047 · 20VC with Harry Stebbings
Aug 11, 2023 negative
Prediction Not checkable as stated
Lessin: I will not fund Stanford graduates trying to be Elon Musk
“So yeah, of course, like the kids coming out of Stanford who like have this, like, I want to be Elon Musk thing. Like, I'm not gonna fund those people, right? Like, you know, every once in a while, I'll miss one because like, I love the founders fund guys. The…”
Sam Lessin Aug 11, 2023 ▶ 31:06 DEBATE: State of Seed Investing w/ Jason Lemkin, Sam Lessin, Frank Rotman & Harry Stebbings | E1047 · 20VC with Harry Stebbings
Aug 11, 2023 bearish
Insight
Lessin: Seed fund math breaks down for mega seed funds
“If you have a 50, even a hundred million dollar fund, you can make seed math work. But these mega seed funds, like, and all of a sudden, oh my god, your two billion dollar return is only a three x. Like, the math won't work, right?”
Sam Lessin Aug 11, 2023 ▶ 22:12 DEBATE: State of Seed Investing w/ Jason Lemkin, Sam Lessin, Frank Rotman & Harry Stebbings | E1047 · 20VC with Harry Stebbings
Aug 11, 2023 bearish
Prediction Not checkable as stated
Lessin: The factory model of seed investing is dead and won't return
“My view when I say Seed is dead is that I think the factory model of Seed, which supported massive scaling of it, is dead. And we're kind of back to where we have been historically, which is Seed is a bespoke It's a bespoke thing. Some people can do it well. I…”
Sam Lessin Aug 11, 2023 ▶ 2:45 DEBATE: State of Seed Investing w/ Jason Lemkin, Sam Lessin, Frank Rotman & Harry Stebbings | E1047 · 20VC with Harry Stebbings
Aug 11, 2023 bullish
Disclosure
Lessin: TeamShares reached nearly $1B valuation after $4M post seed check
“I have a company called TeamShares, which we put in our first check at four posts that is now touching a billion and is a real company with hundreds of millions of revenue.”
Sam Lessin Aug 11, 2023 ▶ 21:22 DEBATE: State of Seed Investing w/ Jason Lemkin, Sam Lessin, Frank Rotman & Harry Stebbings | E1047 · 20VC with Harry Stebbings
Aug 11, 2023 negative
Opinion
Lessin: Founders who ask VCs for help are weak
“Because I, if you're coming to me for help, my view is you're almost by definition, or you're saying, I need help or whatever I want help. I think you're a weak founder.”
Sam Lessin Aug 11, 2023 ▶ 44:28 DEBATE: State of Seed Investing w/ Jason Lemkin, Sam Lessin, Frank Rotman & Harry Stebbings | E1047 · 20VC with Harry Stebbings
Aug 11, 2023 bearish
Disclosure
Lessin: Slow Ventures is stepping back from SaaS investments
“I'm not spending a lot of time on SaaS these days, I think partially for the dynamics you're talking about, right?”
Sam Lessin Aug 11, 2023 ▶ 33:50 DEBATE: State of Seed Investing w/ Jason Lemkin, Sam Lessin, Frank Rotman & Harry Stebbings | E1047 · 20VC with Harry Stebbings
Aug 11, 2023 negative
Insight
Lessin: Willingness to join early startups anti-correlates with sales talent quality
“I think sales is incredibly hard to hire at startups, specifically because the whole nature of sales is like the people who want to go early are like anti correlated with the good people, right?”
Sam Lessin Aug 11, 2023 ▶ 48:24 DEBATE: State of Seed Investing w/ Jason Lemkin, Sam Lessin, Frank Rotman & Harry Stebbings | E1047 · 20VC with Harry Stebbings
Aug 11, 2023 bullish
Prediction Not checkable as stated
Lessin: Future of VC is $3M capital-efficient, profitable startups
“I think the future is in these companies. There are a lot of companies you can put three million dollars into and get to a place where like, you're pretty sure it's profitable. It's going to be worth, it's worth a 102 hundred, and you have an option on somethi…”
Sam Lessin Aug 11, 2023 ▶ 25:22 DEBATE: State of Seed Investing w/ Jason Lemkin, Sam Lessin, Frank Rotman & Harry Stebbings | E1047 · 20VC with Harry Stebbings
Aug 11, 2023 negative
Opinion
Lessin: Public markets ignore $200M revenue companies with 30% margins
“No one gives a shit about a company that does two hundred million in top line and grows with 30% margins, right? No one cares.”
Sam Lessin Aug 11, 2023 ▶ 51:25 DEBATE: State of Seed Investing w/ Jason Lemkin, Sam Lessin, Frank Rotman & Harry Stebbings | E1047 · 20VC with Harry Stebbings
Jun 5, 2025 bearish
Opinion
Lessin: Most capital deployed into Series A rounds is completely wasted
“Most of the money at Series A is completely wasted, right?”
Sam Lessin Jun 5, 2025 ▶ 14:45 Is DPI The Only Thing That Matters? with Sam Lessin, Jason Lemkin & Rory O’Driscoll · 20VC with Harry Stebbings
Jun 5, 2025 bullish
Insight
Lessin: Seed investors can exit via secondaries unlike Series A leads
“I really strongly believe private to private is an important future, and I love being early and small and first because I actually can sell into the private markets in a way that you can't if you've written a 30, forty million dollar check into the Series A.”
Sam Lessin Jun 5, 2025 ▶ 15:27 Is DPI The Only Thing That Matters? with Sam Lessin, Jason Lemkin & Rory O’Driscoll · 20VC with Harry Stebbings
Jun 5, 2025
Insight
Lessin: VCs take longer to master selling than buying
“As an early stage investor, you get hundreds of shots to buy. You get really good at buying. You have so fewer shots at learning to sell that it actually takes much longer to learn to sell well. Right. But it's still as important as learning to buy well.”
Sam Lessin Jun 5, 2025 ▶ 16:49 Is DPI The Only Thing That Matters? with Sam Lessin, Jason Lemkin & Rory O’Driscoll · 20VC with Harry Stebbings
Jun 5, 2025 bearish
Opinion
Lessin: $1 billion venture capital funds operate in a death zone
“I don't know how you make multiples on a billion dollars consistently, right? In VC. I think once you're doing 10, you're playing a completely different game of asset gathering and asset deployment where you no longer have the same Goals. So I personally think…”
Sam Lessin Jun 5, 2025 ▶ 8:54 Is DPI The Only Thing That Matters? with Sam Lessin, Jason Lemkin & Rory O’Driscoll · 20VC with Harry Stebbings
Jun 5, 2025 positive
Insight
Lessin: Venture allocators must never sell their top-performing assets
“The number one rule as a fund out an allocator is you cannot sell the things that matter.”
Sam Lessin Jun 5, 2025 ▶ 16:25 Is DPI The Only Thing That Matters? with Sam Lessin, Jason Lemkin & Rory O’Driscoll · 20VC with Harry Stebbings
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