Disclosure certainty 4/5 debate potential 2/5

Viswanathan: NewView Capital requires potential for 10x returns on every growth deal

Ravi Viswanathan · 20VC: Raising A $1.35Bn Fund I, The Emerging Secondary Opportunity For Early Stage Managers and Founders & What It Takes To Win The Best Growth Deals Today with Ravi Viswanathan, Founder & Managing Partner @ NewView Capital · Apr 6, 2020 · at 18:40

Ravi Viswanathan, Founder and Managing Partner at NewView Capital, discusses return profile expectations and risk compensation for growth-stage venture investments.

0:00 / 0:19exact quote · 19.1s
720p mp4 · rendered on demand · StarZero watermark
“The standard that a lot of people throw around is kind of a, let's make sure that the company is in that three to five X range, but every company we invest in, there has to be a thread or something where, you know what, this actually can get outsized returns and it can approximate some of those 10 X type returns, because we do invest largely at the hyper growth stage where there is risk.”

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 Ravi Viswanathan

Insight
Viswanathan: Massive influxes of capital degrade overall asset returns
“Any time you have an influx of capital into any asset class, just a sheer volume of capital coming in much more by a multiple, usually what you see is returns degrade.”
Ravi Viswanathan Apr 6, 2020 ▶ 10:50 20VC: Raising A $1.35Bn Fund I, The Emerging Secondary Opportunity For Early Stage Managers and Founders & What It Takes To Win The Best Growth Deals Today with Ravi Viswanathan, Founder & Managing Partner @ NewView Capital
Opinion
Viswanathan: Most venture capital firms' operational 'value add' is hot air
“Yeah, I think you're spot on in terms of most of what's out there is hot air.”
Ravi Viswanathan Apr 6, 2020 ▶ 13:13 20VC: Raising A $1.35Bn Fund I, The Emerging Secondary Opportunity For Early Stage Managers and Founders & What It Takes To Win The Best Growth Deals Today with Ravi Viswanathan, Founder & Managing Partner @ NewView Capital
Assertion Supported
Viswanathan: SaaS companies now need $200M ARR to go public
“So before, 1015 years ago, SaaS companies with a hundred million, you can go public. Now, it's actually more like 200.”
Ravi Viswanathan Apr 6, 2020 ▶ 23:04 20VC: Raising A $1.35Bn Fund I, The Emerging Secondary Opportunity For Early Stage Managers and Founders & What It Takes To Win The Best Growth Deals Today with Ravi Viswanathan, Founder & Managing Partner @ NewView Capital
Insight
Viswanathan: Overactive, micromanaging boards cause startup failures
“I find that where companies start failing is when boards get overactive and start micromanaging or vice versa, and that's when you see deterioration, but it's really pretty simple, at least in our approach.”
Ravi Viswanathan Apr 6, 2020 ▶ 13:43 20VC: Raising A $1.35Bn Fund I, The Emerging Secondary Opportunity For Early Stage Managers and Founders & What It Takes To Win The Best Growth Deals Today with Ravi Viswanathan, Founder & Managing Partner @ NewView Capital
Assertion Not checkable as stated
Viswanathan: Portfolio companies degrade when VCs take over operations
“Whenever that happens, usually the companies degrade pretty quickly.”
Ravi Viswanathan Apr 6, 2020 ▶ 14:57 20VC: Raising A $1.35Bn Fund I, The Emerging Secondary Opportunity For Early Stage Managers and Founders & What It Takes To Win The Best Growth Deals Today with Ravi Viswanathan, Founder & Managing Partner @ NewView Capital
Insight
Viswanathan: Venture capital fails if private companies do not provide liquidity
“The other way to think about it is, at the end of the day, you can stay private longer, but you really do need to figure out a way to give liquidity to your investors, your venture and other investors, and even your employees. Because if you don't do that, ven…”
Ravi Viswanathan Apr 6, 2020 ▶ 23:32 20VC: Raising A $1.35Bn Fund I, The Emerging Secondary Opportunity For Early Stage Managers and Founders & What It Takes To Win The Best Growth Deals Today with Ravi Viswanathan, Founder & Managing Partner @ NewView Capital
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 1,200 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.