Matt Ocko is co-managing partner at Data Collective (DCVC). He discusses portfolio company scale while critiquing traditional venture fund lifecycles.
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“In aggregate in just a couple of our early stage funds are companies have hard contracted gap bookings and or fully recognized gap revenue approaching what should be about two billion dollars in 2016.”
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More from Matt Ocko
Opinion
Segregating venture funds by size destroys signal quality, says Matt Ocko
“I sincerely believe, and there's a large but quiet group of other experienced VCs with successful track records that who also believe that the strict segregation of funds by size has an information destroying or signal reducing aspect.”
Matt OckoAug 8, 2016▶ 4:0320VC: Data Collective's Matt Ocko on Why "All Fund Size Models Are Wrong" and The Lifecycle of Current Venture Funds Is Inefficient?
Insight
Early-stage VCs bias investments to please late-stage investors, says Matt Ocko
“Meanwhile, the early stage investor Because they have to consider this capital formation risk is at best unconsciously and at worst very consciously biasing the nature of the investments that they pick towards what is popular or acceptable or soothing to the t…”
Matt OckoAug 8, 2016▶ 5:3620VC: Data Collective's Matt Ocko on Why "All Fund Size Models Are Wrong" and The Lifecycle of Current Venture Funds Is Inefficient?
Opinion
LPs uncomfortable with 15-to-20-year lifecycles shouldn't invest in early-stage VC
“I think that some LPs who over time are uncomfortable with Perhaps a 15 year, or some of my VC colleagues have quietly mentioned, maybe the equivalent of a 20 year long bond in venture. You know, those LPs may not be the right ones to go forward in the early s…”
Matt OckoAug 8, 2016▶ 19:1820VC: Data Collective's Matt Ocko on Why "All Fund Size Models Are Wrong" and The Lifecycle of Current Venture Funds Is Inefficient?
PredictionNot checkable as stated
Ocko: Non-AGI can unemploy 30% of G20 workers within 10 years
“Well, first I'll say you don't need AGI to unemploy 30% of all Pink collar and white collar workers in the G-Twenty within the next 10 years.”
Matt OckoNov 21, 2016▶ 10:3620VC: Data Collective's Matt Ocko on The Dark Side Of AI & What Happens When 3-4m People Become Unemployed Overnight
Disclosure
Data Collective passed on Gusto follow-ons because it wasn't deep tech
“We didn't follow on. We didn't raise our hand to be the big dog in successive rounds. And it had nothing to do with the quality of the company. And people trust us when we explain that because the company was a wonderfully engineered, great SAS company deliver…”
Matt OckoAug 8, 2016▶ 13:4420VC: Data Collective's Matt Ocko on Why "All Fund Size Models Are Wrong" and The Lifecycle of Current Venture Funds Is Inefficient?
Insight
Ordinary founders cannot build high-growth startups while sleeping eight hours
“Ordinary, ordinary humans like us can't respond to the demands of a truly successful startup. One that has this hard, sharp arc of takeoff and sleep eight hours and cook our own organic breakfast and get in a brisk Six mile walk and then write a little bit of …”
Matt OckoAug 8, 2016▶ 23:3520VC: Data Collective's Matt Ocko on Why "All Fund Size Models Are Wrong" and The Lifecycle of Current Venture Funds Is Inefficient?
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