small businesses

5 statements across 5 episodes · 2 bullish · 2 bearish · 5 people on the record · first statement May 20, 2016 by Rod Drury · across every show →

Everything said about small businesses, oldest first

May 20, 2016 positive

Insight

Drury: Accounting is the killer app for small businesses

“Accounting is the killer app for small businesses. They all have bank accounts. The smart ones have business advisors, and they all have to have a relationship with the tax ban. So it's the functionality they all kind of need to have.”

Rod Drury May 20, 2016 ▶ 6:43 20VC: Xero's Rod Drury on IPO on Day 1 To Hedge Fund to VC & Doing Startups Backward

Oct 7, 2016 negative

Insight

SMBs cannot use consumer platforms like Amazon for custom procurement

“Small businesses are kind of stuck in this awkward no man's land where they can't really go to Amazon or eBay or use consumer sites like that. Like say me and you could, because they're usually buying pretty custom things. They're buying custom equipment, they…”

Karthik Sridharan Oct 7, 2016 ▶ 4:36 20VC: What Makes A Great marketplace Founder, The Key Metrics Marketplace Success Is Centred On & 3 Ways To Prove To Investors You Are A Domain Expert with Karthik Sridharan, Founder & CEO @ Kinnek

Feb 28, 2020 positive

Assertion Supported

Gusto serves over 100,000 small business customers across the United States

“We're serving over a 100,000 small businesses across the country, across all these different industries.”

Tomer London Feb 28, 2020 ▶ 10:29 20VC: Gusto Co-Founder, Tomer London on Why Most Founders Approach Fundraising With The Wrong Mindset Today, How To Construct A Values/Motivation Alignment Test To Determine The Right Investors For You & Why Delight Is So Crucial To The Success of Any Con

Aug 4, 2023 negative

Prediction Not checkable as stated

Sela: Small business failure rates will stay high without end-to-end ecosystems

“Until someone figures out how to build an end-to-end sort of ecosystem that changes the disadvantage that an independent has by being independent, I think small businesses, the failure rate will continue to remain high.”

Ilir Sela Aug 4, 2023 ▶ 36:18 Ilir Sela: How I Founded Slice Pizza & Became One of Macedonia’s Largest Employers | E1044 · 20VC with Harry Stebbings

Apr 17, 2024

Insight

Vickie Peng: Diluting Enterprise Products for Small Businesses Doesn't Work

“Diluting this product for this person is not going to work. Even if that's the most efficient path, it is not the most effective path.”

Vickie Peng Apr 17, 2024 ▶ 25:46 Vickie Peng: Why the Best Product People Actually Build Less Product? | E1141 · 20VC with Harry Stebbings

small businesses

Everything said about small businesses, oldest first

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