Assertion Not checkable as stated
Vivas: Excess Venture Capital Is Funding Lower-Quality Founders
“Right now there is a lack of high quality entrepreneurs and there's an excess of capital. And so people, investors are trying to fund whatever they can.”
Opinion
Vivas: Founders Taking $10M in Early Secondaries Send Weird Signals
“Early companies found are taking ten million dollars off the table. Personally, I think it sends a lot of weird signals.”
Disclosure
Vivas: Curated Has Scrapped Employee Job Titles Entirely
“For starters, one of the things we do is we don't have titles of the company.”
Insight
Vivas: Early-Stage 'Dumb Money' Gives Founders Rope to Hang Themselves
“And I think, especially in the early stages of a business, dumb money is just giving you a longer rope to hang yourself with versus Smart money and really strong investors will really call you out on your bullshit, push you on.”
Insight
Vivas: Pushing Extreme Office Hours Burns Out Top Startup Talent
“And the people who stick around will end up just being the people who aren't your stars in the first place. Cause your stars want to be learning and they want to be happy and they want to be creating impact.”
Disclosure
Vivas Actively Seeks Out Failed Founders When Angel Investing
“When I invest, I very much look at failed entrepreneurs. I think it's incredibly humbling.”
Opinion
Vivas: Serial Founders Get Investor Leeway for Long-Term Execution
“That difference between being able to be long-term focused versus short-term focus is a huge, huge, huge advantage. I always tell Entrepreneurs, like, don't take this advice from me, because what I do as a repeat entrepreneur is different than what you're goin…”
Assertion Supported
Vivas: Consumers Cover Half of Curated Expert Compensation Via Tips
“Half of expert compensation is actually covered by the consumer via tips.”
Opinion
Vivas: A FAANG VP Role Is the Most Sustainable Wealth Builder
“VP at a FANG is the most sustainable way to make a considerable amount of wealth.”
Insight
Vivas: Smart Employees Will Figure Out Company Reality Regardless of Secrecy
“If you hired smart people, they're going to figure the shit out anyways. You can hide things from dumb people. Smart people are going to figure it out, so you might as well be straight up. I mean, because if I have a sense of urgency behind certain decisions, …”
Insight
Vivas: Convincing Candidates by Selling Dreams Is a Major Hiring Mistake
“The biggest mistake I've made in hiring is trying to convince people to join us. And I think it's that if I sell the dream and I convince you to come and inevitably the dream doesn't come true, you're going to be demoralized. You weren't really that bought in …”
Insight
Vivas: LinkedIn's Job Hierarchy Stifled Junior Employees' Correct Ideas
“One thing I observed when I worked at LinkedIn was if a director said something and an associate was in the room, the director was always right, But the associate often was the one who was right, but just because the more senior person was the one who said som…”
Assertion Contradicted
Vivas: AppLovin Was Spun Out From My First Ad Tech Business
“So we sold that company. But before we did, we spun out a few assets. One of them was called Bright, which I went to go focus on. And then another one was called Applovin, where my brother and my co-founder Adam Fergie went to go focus on.”
Insight
Vivas: Stacking 90% Software Solutions Creates Mediocre Technology
“One of the things we've come to terms with is if I stack a bunch of 90% solutions on top of each other, it gets really mediocre really quickly.”
Assertion Supported
Vivas: Curated Maintains a Product Return Rate Between 1% and 2%
“Our return rate is between one and two percent, meaning people shipping the items back.”
Assertion Not checkable as stated
Vivas: Curated Lost Only One Employee Out of 135 Last Year
“I think we've lost one person in the last 12 months, right? And we're a 135 people. I think over the course of the history of the company, we've lost less than I can count on my hand.”
Disclosure
Vivas: Curated Employee Secondary Liquidity Take Rate Is Under 10%
“We've offered our team a few secondaries, and the take rate has been less than 10%. In one case, we didn't even have enough secondary demand to fill, to cover the legal fees.”
Assertion Not checkable as stated
Vivas Grew Early Recipe Website to $20,000 Monthly in Six Months
“I built a recipe cookbook website. And I went from making like, I don't know, 1800 dollars a month to like 20,000 dollars a month in a matter of six months.”
Assertion Not checkable as stated
Vivas: Curated Accepts Only 1% of Expert Applicants
“We'll receive a hundred applications, and we've learned we can only really accept one.”
Assertion Not checkable as stated
Vivas: Curated Connects 95% of Users to Experts Under One Minute
“95% of the time, we're connecting you with somebody in under a minute.”
