Zach Weinberg was not on this episode. A recording of them was played into it, so these
are their words but not an appearance on 20VC. It still counts as said, and it is kept out of every score on their page.
Zach Weinberg, Co-Founder and Partner at Operator Partners, outlines his investment methodology and valuation baseline when backing early-stage startups on 20VC.
0:00 / 0:18exact quote · 18.1s
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“We're looking for things where the multiple on the next round, not because I care about the markup at all, but because it shows Real growth and real value creation is more than like two X, let's call it as a baseline. So if I'm going to fund a company at a 10 post, I want to have a reasonable take that A is going to get done at least 20 or above, and ideally more like 30 to 50.”
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More from Zach Weinberg
Opinion
Weinberg: Keith Rabois is a "giant doofus" regarding healthcare
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Disclosure
Weinberg: Upper-middle-class family safety nets enable founders to take startup risks
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Opinion
Weinberg: It is naive for modern companies to claim complete societal neutrality
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Insight
Weinberg: Companies should take socio-political stances before their business is affected
“There are things that eventually have an effect on the business, and you need to make a stand on them before they have that effect.”
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Insight
Weinberg: Initial checks drive almost all value in venture returns
“I'm more and more convinced that it kind of doesn't matter. And actually by far the most important thing is did you get into the right great company in the first place? It's the initial check that drives almost all the value.”
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Insight
Weinberg: Founders should sell under 5% of equity in secondary sales
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