Abrams: VC stances on valuation sensitivity are personal religion, not data
Jonathan Abrams · 20VC: Nuzzel's Jonathan Abrams on Why The Top VCs Do Not Have A PlayBook For Startup Success, Why Most Boards Are Not Successful & Why He Is Bored Of Hearing "I Fell Into VC" · Aug 25, 2017 · at 9:34
Jonathan Abrams, CEO of Nuzzel, discusses venture capital portfolio strategy and valuation sensitivity with Harry Stebbings on 20VC.
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“When it comes to this idea of whether you should be price sensitive or not, there's a lot of different opinions, and none of them really seem to be backed up by data, so it'd be interesting if a venture capitalist came on the show and said, look, we analyzed our data, and over the last three funds with this many different companies, we took the bottom half in terms of our entry price, and the TVPI on average was this versus This for the more expensive deals, and therefore that proves that we should or should not be price sensitive. But I don't really hear people coming on the show and really using data. It usually just seems to be sort of personal religion almost about these things.”
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