Fabrice Grinda has backed 209 startups and around 500 founders
Fabrice Grinda · 20 VC 072: Super Angel, Fabrice Grinda: The Future of Startup Investing · Sep 16, 2015 · at 19:34
Fabrice Grinda, angel investor and co-founder of FJ Labs, details his overall portfolio size when explaining how existing founder relationships generate deal flow.
0:00 / 0:05exact quote · 5.3s
720p mp4 · rendered on demand · StarZero watermark
“At this point we've backed 209 startups, which means we've backed Like, 500 entrepreneurs or so.”
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 Fabrice Grinda
Fabrice Grinda predicts UBS and Credit Suisse are too big to bail
“They're too big to bail. So it's not too big to fail. They're too big to bail. They're so big. They're bigger, the Swiss government does not have the underwriting power to underwrite it, and I could see them failing and bringing down Switzerland with them, and…”
Grinda: Switzerland Is a House of Cards That Could Default
“Last year, as I was thinking through what are safe havens for cash, I was thinking of putting a lot of my cash in Swiss francs in Switzerland. And I did an analysis, and I realized, and I actually came to the conclusion that it's the opposite. I think Switzerl…”
Grinda: UBS and Credit Suisse Are Too Big for Switzerland to Bail Out
“They're too big to bail. So it's not too big to fail. They're too big to bail. They're so big, the Swiss government does not have the underwriting power to underwrite it. And I could see them failing and bringing down Switzerland with them.”
Grinda: Anduril products are extraordinarily high cost and not battle-tested
“Endural, and look, I'm an investor in Endural. The problem is their cost is extraordinarily high, and so the way you measure this is cost per kill, and they're not battle-tested.”
Grinda: Tech remains in the middle of an AI bubble
“We're still in the middle of an AI bubble. If you look at like the amount of money that's going into AI versus every other category in terms of valuations raised, the amount, the number of companies getting funded.”
Grinda: FJ Labs maintains 30% IRR by selling winners early
“I want to say the cheat code I use for IR, why I still can get 30% IR today, is the virtue of being diversified means I own two, one to three percent of any of the companies, and so what I've been doing is getting secondaries on the way up. So, I've been doing…”