Lemkin: Not building a large team at SaaStr was my biggest mistake
Jason Lemkin · Jason Lemkin: Every VC has a FRAUD in their portfolio; The IPO market is about to EXPLODE | E1046 · 20VC with Harry Stebbings · Aug 9, 2023 · at 45:06
Jason Lemkin is the founder of SaaStr and a solo GP venture investor. He reflects on his decision to maintain a solo firm structure rather than building an institutional multi-partner fund.
0:00 / 0:16exact quote · 16.6s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“I think my biggest mistake, and you're not making it, Harry I think the biggest mistake I've made, and this is just me, because, again, everyone's different. This is the complicated thing about ventures. Everyone has different strengths and sweetnesses. I think were the world evolved in 2023, I should have built a big team under me, but I didn't want to be that guy.”
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 Lemkin
Lemkin: AI will replace half of knowledge workers in 24 months
“Half of these knowledge workers are going to be gone in 24 months”
Every crypto company offering an Earn program is a fraud
“I believe every crypto company that has an EARN program is a fraud.”
Lemkin: Coinbase's 10% high-yield crypto program is a pyramid scheme
“And even, I know Coinbase is the good one, but where are they getting this 10%? It's a pyramid scheme. It's fraud.”
Lemkin: Every venture capital firm has a fraudulent company in its portfolio
“And every VC has a fraud in their portfolio. Every single VC has a fraud in their portfolio.”