Wesley Chan

21 statements across 2 episodes · 4 bullish · 6 bearish · 1 people on the record · first statement Jun 29, 2016 by Wesley Chan · said 14 times in 5 episodes since 2016 · across every show →

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

Mentions by year

brought up most by Harry Stebbings (5), Victoria Treyger (4), Aydin Senkut (3), Melanie Perkins (2)

every mention, scene by scene, with the transcript →

Everything said about Wesley Chan, oldest first

Jun 29, 2016 positive
Insight
Force career growth by seeking uncomfortable learning environments every three years
“So I think that that's sort of been the thing that informed my thinking is that every three years, I like to be super uncomfortable and figure out the next phases.”
Wesley Chan Jun 29, 2016 ▶ 9:24 20VC: Felicis' Wesley Chan on The Rise of IoT, Getting Recruited by Larry Page & Creating Google's Biggest Success Disaster
Jun 29, 2016
Insight
Accessible software tools yield vastly more powerful outcomes than expert-only tools
“If you build something that everyone can use versus only the most skilled people can use, you get a very, very powerful outcome.”
Wesley Chan Jun 29, 2016 ▶ 14:28 20VC: Felicis' Wesley Chan on The Rise of IoT, Getting Recruited by Larry Page & Creating Google's Biggest Success Disaster
Aug 22, 2022
Disclosure
Wesley Chan Led Canva's Series A Without 20% Ownership or Board Seat
“I did not have 20% ownership of Canva when I led the Series A. I did not have a board seat. In fact, so many people said no to them because they said, we're not giving you a board seat. Or they said, we're not giving you 20% ownership.”
Wesley Chan Aug 22, 2022 ▶ 24:43 Wesley Chan: How I Created Google Analytics; The Founding Story of Gmail & Canva | 20VC #919 · 20VC with Harry Stebbings
Aug 22, 2022 neutral
Disclosure
Over 80% of FPV Ventures' LPs Are Charities and Foundations
“I think like, you know, 80% plus are charities and foundations and, you know, the rest of our friends, kids, college funds, right?”
Wesley Chan Aug 22, 2022 ▶ 19:56 Wesley Chan: How I Created Google Analytics; The Founding Story of Gmail & Canva | 20VC #919 · 20VC with Harry Stebbings
Aug 22, 2022
Insight
Identifying Product Visionaries Requires Asking Non-Gameable Questions Ten Different Ways
“You have to ask it 10 different ways. In ways that make sense. And, you know, again, that's one of those things I want to give away the trade secret to how I do it, but like you, you're, you have to ask it 10 different ways and listen carefully. And if the ans…”
Wesley Chan Aug 22, 2022 ▶ 38:24 Wesley Chan: How I Created Google Analytics; The Founding Story of Gmail & Canva | 20VC #919 · 20VC with Harry Stebbings
Aug 22, 2022
Disclosure
Wesley Chan Wrote First Checks Into Robinhood, Plaid, Gusto, and Flexport
“And, you know, I was able to write the first check in the, you know, companies like Robinhood or Platt or Gusto or Flexport.”
Wesley Chan Aug 22, 2022 ▶ 5:50 Wesley Chan: How I Created Google Analytics; The Founding Story of Gmail & Canva | 20VC #919 · 20VC with Harry Stebbings
Aug 22, 2022 negative
Prediction Not checkable as stated
Wesley Chan Refuses to Invest Without a 100-Year Company Vision
“If the founder comes to me and doesn't have a hundred year plan, I don't want to, I don't care. I don't want to be involved. We don't just do wedges, right?”
Wesley Chan Aug 22, 2022 ▶ 11:25 Wesley Chan: How I Created Google Analytics; The Founding Story of Gmail & Canva | 20VC #919 · 20VC with Harry Stebbings
Aug 22, 2022 bullish
Assertion Supported
Wesley Chan Claims a 30% Hit Rate on Early-Stage Unicorn Investments
“My hit rates around, around 30%. Right. So, you know, one in every, you know, three or four companies I've hit, you know, are a billion dollar plus, and I've been an early investor.”
Wesley Chan Aug 22, 2022 ▶ 20:38 Wesley Chan: How I Created Google Analytics; The Founding Story of Gmail & Canva | 20VC #919 · 20VC with Harry Stebbings
Aug 22, 2022 neutral
Prediction Held up
Wesley Chan Caps FPV Ventures' $450M Fund at 20 Core Positions
“I can only do maybe 20 at most core positions in my fund.”
Wesley Chan Aug 22, 2022 ▶ 19:46 Wesley Chan: How I Created Google Analytics; The Founding Story of Gmail & Canva | 20VC #919 · 20VC with Harry Stebbings
Aug 22, 2022 negative
Insight
Wesley Chan: Market sizing fails by conflating features with products
“So that's the fallacy of market sizing, right? Is that people conflate that people conflate the feature part of their things in the market size for that feature for that of the product, right?”
Wesley Chan Aug 22, 2022 ▶ 18:46 Wesley Chan: How I Created Google Analytics; The Founding Story of Gmail & Canva | 20VC #919 · 20VC with Harry Stebbings
Aug 22, 2022
Insight
Wesley Chan Seeks 'Two Gigabyte' Product Breakthroughs Over Incremental Features
“I ask founders and I tell the story, what's your two gigabyte moment? Like, you know, you're telling me something that's incremental and I'm looking for the two gigabyte when everybody else has 25 megabyte moment.”
Wesley Chan Aug 22, 2022 ▶ 8:21 Wesley Chan: How I Created Google Analytics; The Founding Story of Gmail & Canva | 20VC #919 · 20VC with Harry Stebbings
Aug 22, 2022 positive
Assertion Partly supported
FPV Ventures Closed Its $450M Inaugural Fund in Under Two Months
“We were able to close in, you know, less than a couple months. And we were, you know, almost two, if not three X oversubscribed in the commitments that we were able to take room for them. We capped it at four 50, right?”
Wesley Chan Aug 22, 2022 ▶ 43:44 Wesley Chan: How I Created Google Analytics; The Founding Story of Gmail & Canva | 20VC #919 · 20VC with Harry Stebbings
Aug 22, 2022 neutral
Assertion Not checkable as stated
Larry Page's Rule at Google: Bring Data or My Opinion Wins
“There's this famous saying when I would pitch stuff to Larry, where he goes, Wesley, if you have the data, you're right. If you don't have the data, then I'm right, and you don't want me to be right, because I'm often wrong. So, bring the data.”
Wesley Chan Aug 22, 2022 ▶ 51:52 Wesley Chan: How I Created Google Analytics; The Founding Story of Gmail & Canva | 20VC #919 · 20VC with Harry Stebbings
Aug 22, 2022
Insight
Chan: Evaluate early startups on a founder's ability to evolve products
“My biggest lesson learned on investing is that what you see today is not what, if the founder truly visionary will not be what the company is a year or two years or five or 10 years from then. So you have to really believe that the founder is capable of morphi…”
Wesley Chan Aug 22, 2022 ▶ 36:32 Wesley Chan: How I Created Google Analytics; The Founding Story of Gmail & Canva | 20VC #919 · 20VC with Harry Stebbings
Aug 22, 2022
Insight
Wesley Chan: Unfavorable markets defeat great founders unless they adapt
“A market will beat out a great founder, but the best founders understand how to adapt to the market and find the bigger piece, right?”
Wesley Chan Aug 22, 2022 ▶ 12:52 Wesley Chan: How I Created Google Analytics; The Founding Story of Gmail & Canva | 20VC #919 · 20VC with Harry Stebbings
Aug 22, 2022 bearish
Opinion
Wesley Chan: Market Downturns Are Treacherous Times to Actually Invest Capital
“No, it's the best time to have a fund. It's not the best time to be investing, right? There's a lot of treacherous deals out there.”
Wesley Chan Aug 22, 2022 ▶ 31:44 Wesley Chan: How I Created Google Analytics; The Founding Story of Gmail & Canva | 20VC #919 · 20VC with Harry Stebbings
Aug 22, 2022 bearish
Opinion
Wesley Chan: More Than 75% of the Crypto Industry Is Scammy
“I was one of the first to like boohoo crypto. You know, some of it's unwell, but like I said, like, I can't be involved in a bunch of stuff where like, I think more than three quarters of it is scammy.”
Wesley Chan Aug 22, 2022 ▶ 50:46 Wesley Chan: How I Created Google Analytics; The Founding Story of Gmail & Canva | 20VC #919 · 20VC with Harry Stebbings
Aug 22, 2022 negative
Disclosure
Wesley Chan Passed on Twilio's Seed Round Due to Expert Bias
“And I passed on it because, you know, I looked at it and, you know, talked to my team at Google voice and everybody looked at it. It's like, oh, this is easy to do. Like, you know, once the company gets big enough, they don't need toilet anymore. Boy, I didn't…”
Wesley Chan Aug 22, 2022 ▶ 34:34 Wesley Chan: How I Created Google Analytics; The Founding Story of Gmail & Canva | 20VC #919 · 20VC with Harry Stebbings
Aug 22, 2022 negative
Disclosure
Wesley Chan Ignores TAM and Market Size When Making Investments
“I don't do it. I don't actually, you know, look at the say, is the market big enough? I just say, does the founder have a unique insight on a market that hasn't been created yet or that, you know, they're about to expand into.”
Wesley Chan Aug 22, 2022 ▶ 16:52 Wesley Chan: How I Created Google Analytics; The Founding Story of Gmail & Canva | 20VC #919 · 20VC with Harry Stebbings
Aug 22, 2022 neutral
Insight
Wesley Chan Avoids Taking Pitches in Domains Where He Has Expertise
“So I try not to take any pitches in the areas I know too much about because I have a natural bias to pass on it and say, say no. And I'd rather, you know, have one of my colleagues or partners who don't know enough about it, take the pitch and then like be rea…”
Wesley Chan Aug 22, 2022 ▶ 35:24 Wesley Chan: How I Created Google Analytics; The Founding Story of Gmail & Canva | 20VC #919 · 20VC with Harry Stebbings
Aug 22, 2022 positive
Assertion Not checkable as stated
Wesley Chan: Outlier returns come from market-creating companies
“My outlier returns the companies that I've had the privilege of working with Are ones that create new markets.”
Wesley Chan Aug 22, 2022 ▶ 16:09 Wesley Chan: How I Created Google Analytics; The Founding Story of Gmail & Canva | 20VC #919 · 20VC with Harry Stebbings
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 1,200 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.