“We have not seen this sort of super app mentality be successful here the way it's been successful in other countries where the, there's just less competition outside.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Jason Wilk
Opinion
Wilk: Trump Administration is Better for Business Than Biden
“Well, just his approach to less regulation in general. Again, this is less of an overhang for companies just to focus on building true innovative products without the need to constantly feel like they're going to trip some government wire.”
Jason WilkApr 21, 2025▶ 53:12Dave CEO, Jason Wilk: The Best Performing Fund Would Only Back YC Founders on Their Second Time · 20VC with Harry Stebbings
AssertionNot checkable as stated
Wilk: Short-Seller Reports Often Contain Incorrect Facts and Exaggerations
“They're actually writing research on a company to get people to short it. And oftentimes those facts are incorrect. They're assumptions. They're, you know, they can be blown out of proportion for things that, again, are just for purely for profit.”
Jason WilkApr 21, 2025▶ 59:06Dave CEO, Jason Wilk: The Best Performing Fund Would Only Back YC Founders on Their Second Time · 20VC with Harry Stebbings
Insight
Wilk: Backing Second-Time Exited YC Founders Yields Top VC Returns
“If you were to have a blank check VC fund, and you just wrote a check blank, not looking at the idea, uncapped convertible note into every successful exited YC founder for their second company, you'd have probably one of the best VC funds on the planet.”
Jason WilkApr 21, 2025▶ 1:45Dave CEO, Jason Wilk: The Best Performing Fund Would Only Back YC Founders on Their Second Time · 20VC with Harry Stebbings
Disclosure
Wilk: Massive Preference Stacks Blocked Dave From Acquiring Small Startups
“There's a lot of companies that we would have probably bought by now that are very small, but have raised a couple hundred million dollars of prep. And so it just makes their inevitable outcome Impossible.”
Jason WilkApr 21, 2025▶ 8:11Dave CEO, Jason Wilk: The Best Performing Fund Would Only Back YC Founders on Their Second Time · 20VC with Harry Stebbings
Opinion
Wilk: Tesla's Trillion-Dollar Valuation Would Be Impossible if Private
“Like Tesla, I'd argue would not be a trillion dollar private company, but because of sort of the cult generation they've developed, the Tesla owners that buy the stock, they're the ones that have pushed it above and beyond any reasonable Sort of EBITDA multipl…”
Jason WilkApr 21, 2025▶ 11:10Dave CEO, Jason Wilk: The Best Performing Fund Would Only Back YC Founders on Their Second Time · 20VC with Harry Stebbings
What-if
Wilk: Going Public 9 Months Earlier Would Have Prevented Dave's Crash
“Had I gone public nine months earlier, we would have had the chance to raise potentially more capital. We would have been able to Turn over our earlier shareholders, bring more longer term capital. And like, we never would have gone to a five billion dollar va…”
Jason WilkApr 21, 2025▶ 16:30Dave CEO, Jason Wilk: The Best Performing Fund Would Only Back YC Founders on Their Second Time · 20VC with Harry Stebbings
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