software company

4 statements across 4 episodes · 1 bullish · 1 bearish · 4 people on the record · first statement Dec 15, 2017 by Matt Straz · across every show →

Everything said about software company, oldest first

Dec 15, 2017
Assertion Not checkable as stated
Straz: Software companies refresh executive teams 4.1 times before IPO
“It is said that by the time a software company goes public, on average, they will go through 4.1 complete leadership teams. Which means that they will have to cycle through an entirely new team about every 24 months or so.”
Matt Straz Dec 15, 2017 ▶ 4:33 20VC: How To Upscale Management Teams Effectively, When Should The CEO Play The Role of "Lifeguard" & What Role Does The Board Play In The Team Upscaling with Matt Straz, Founder & CEO @ Namely
Oct 10, 2022 negative
Disclosure
Gerstner: An Altimeter software portfolio company missed its projections by 70%
“We have a software company, you know, where, where people, where they misplanned by 70%, right?”
Brad Gerstner Oct 10, 2022 ▶ 22:16 Brad Gerstner: How I Pick Companies; Lessons from Warren Buffet; Chamath vs Gurley | E935 · 20VC with Harry Stebbings
May 6, 2024 positive
Insight
Tavel: AI enables startups to sell completed work rather than software seats
“What AI enables is actually a very different unit of work that you sell, which is doing the work. And so you're almost a software company that looks like a services business that is able to sell like the full work product that the outcome, as opposed to sellin…”
Sarah Tavel May 6, 2024 ▶ 12:16 Sarah Tavel: Will Foundation Models Be Commoditised? | E1149 · 20VC with Harry Stebbings
Mar 7, 2026 neutral
Assertion Not publicly verifiable
Mitchell Green: Average public software company spends ~30% cumulative on R&D
“So if you were to look at your average software company that goes public, You know, if you look at cumulative spend since inception, it's usually around, like, 30% is R&D. So like, a huge amount of these businesses are about, like, sales and marketing, distrib…”
Mitchell Green Mar 7, 2026 ▶ 14:43 Mitchell Green: Why 50% of VCs Should Not Exist · 20VC with Harry Stebbings
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