Deeter: Bessemer refuses to hire sector-specific investors or protect cooling sectors
Byron Deeter · BVP Partner, Byron Deeter: The Future of Venture - Why Chanel vs Walmart is BS · 20VC with Harry Stebbings · Aug 25, 2025 · at 1:00:54
Byron Deeter is a Partner at Bessemer Venture Partners. He outlines Bessemer's policy on team structure and flexible capital allocation across sector trends.
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“This is very much why we don't hire sector-specific investors, and we don't give you air cover if your sector goes out of favor, meaning our job's to make RLPs money, and if you're in a sector that's cooling off, you better get the hell out and go somewhere else that's going to make money, or like, you should stop investing”
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