venture industry

“I think it's something like four to six percent, which, you know, pretty small.”

“When I looked at the venture industry that I was now part of, most of the observations were pretty high level. So there were lots of stats out there on numbers of billion dollar design founded companies or stats on LinkedIn job openings for user experience des…”

“I think the vast majority of firms do not understand design fundamentally. I think most folks in the venture industry still think about design as sort of a, you know, as sort of the drapes and the drop shadows, as it were, as sort of styling exercises.”

“The venture industry is overfunded. I mean, I don't think anyone would argue that there's, you know, not too much capital in the venture industry.”

“I think one of the challenges that we have in the venture industry is we don't take enough risk. It's becoming a little more risk averse because just people are inherently moving more later stage, which means you in fact, just look at more spreadsheets and num…”

“It's what really killed the cleantech industry. And there are a lot of reasons, but one of the reasons was that all my fellow brethren in the venture industry ran for the hills.”

“Strangely in 95 to 96, we did a third of all internet investments for the entire venture industry. Not in dollar amounts, but just sheer number of deals. So we literally were a third of the market.”

“The venture industry has an abundance of herd mentality investors in what I call the crack of.com investing consumer internet enterprise software, where everyone has the same strategy and they don't seem to scratch their heads that they all have the same strat…”

“The venture industry per year has grown 25 X since then, so 25 X in 25 years.”

“We as a venture industry have to think about how to create monopolies. Like, the regulator doesn't want monopolies, but we want monopolies. We want companies with increasing returns to scale, with deep defensible moats. You build this thing, it has this huge m…”

“I think the venture industry was about to be in for a rude awakening, and then AI showed up.”