Prediction Partly held up AI assessment confidence: 85% certainty 4/5 debate potential 1/5

Global men's grooming market projected to reach $61 billion by 2020

Victoria Treyger · 20VC: What It Takes To Be The Most Effective Coach To Startup Founders, The Biggest Surprises and Challenges About Transitioning To Venture From Operations & 3 Trends Shaking The World of Consumer Today with Victoria Treyger, General Partner @ Felicis Ven · Mar 11, 2019 · at 20:20

Victoria Treyger, General Partner at Felicis Ventures, highlights rapid market growth and underserved segments in consumer goods.

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“The men's grooming category alone has moved from becoming a sleeper to all of a sudden very rapid growth. It's Going from about globally, fifty billion in 2017 to sixty one billion by 20 20.”

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 →

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Opinion
VCs should act as personal friends supporting founders' whole lives
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Insight
Startup board meetings should be capped at three to four hours
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“The board meetings should not be used for performance dashboards. It is your role as a board member to work with the founders in advance to set up the metrics in dashboards that you want to track.”
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Insight
Series B is the optimal stage to add independent board members
“B is the right stage, I have found, to bring in independent board members that have significant experience scaling, driving growth, and potentially key functional expertise in some of the areas that you want to build out, such as sales, partnership, risk, mark…”
Victoria Treyger Mar 11, 2019 ▶ 17:12 20VC: What It Takes To Be The Most Effective Coach To Startup Founders, The Biggest Surprises and Challenges About Transitioning To Venture From Operations & 3 Trends Shaking The World of Consumer Today with Victoria Treyger, General Partner @ Felicis Ven
Assertion Contradicted
Independent bookstores grew 10% annually for five consecutive years
“For the last five years, independent bookstores have been growing by about 10% year over year”
Victoria Treyger Mar 11, 2019 ▶ 24:07 20VC: What It Takes To Be The Most Effective Coach To Startup Founders, The Biggest Surprises and Challenges About Transitioning To Venture From Operations & 3 Trends Shaking The World of Consumer Today with Victoria Treyger, General Partner @ Felicis Ven
Disclosure
Felicis Ventures pledges 1% of committed capital to founder mental health
“To address this, Felicis launched something called the Founders Pledge, Founders Development Pledge, where we contribute one percent of our committed capital toward leadership coaching and mental health for the founding team.”
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