Toni Schneider is a partner at True Ventures. He shares the geographical allocation of True Ventures' venture investment portfolio.
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“Right now, I would say about a quarter of our investments are in Silicon Valley, about half are in the rest of the U S US, and then another Quarter or so in the rest of the world, primarily Europe and Africa”
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More from Tony Schneider
PredictionNot checkable as stated
Schneider: Remote software development teams will outcompete centralized teams
“And I believe that if you work on something that can be done by a remote team, software development being a prime example, That team will win because you have access to a global talent pool, and you have people who are happy and empowered because they get to w…”
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Disclosure
Schneider: True Ventures passed on Instagram before its pivot
“So for example, we looked at Instagram really early and it was literally a different product with a different name and we passed on it and then they later pivoted to Instagram. But by then it was too late for us to invest.”
Tony SchneiderMar 16, 2020▶ 20:0720VC: True Ventures' Toni Schneider on How Being CEO @ Automattic (Wordpress) Made Him A Better Investor, The Biggest Lessons from Automattic on Running Successful Remote Teams and The Right Way For Investors To Show Founders They Have Their Support (Note
Insight
Schneider: Predicting successful startup pivots is impossible
“So now a successful pivot is impossible to predict and, you know, be a lousy investment strategy.”
Tony SchneiderMar 16, 2020▶ 20:1820VC: True Ventures' Toni Schneider on How Being CEO @ Automattic (Wordpress) Made Him A Better Investor, The Biggest Lessons from Automattic on Running Successful Remote Teams and The Right Way For Investors To Show Founders They Have Their Support (Note
Insight
Schneider: Fully distributed organizations outperform centralized companies with remote teams
“They try to build a centralized company with some remote teams instead of going all in and building a fully distributed company, which I just think is a better approach, and I advise every company I work with to at least consider that model.”
Tony SchneiderMar 16, 2020▶ 21:4620VC: True Ventures' Toni Schneider on How Being CEO @ Automattic (Wordpress) Made Him A Better Investor, The Biggest Lessons from Automattic on Running Successful Remote Teams and The Right Way For Investors To Show Founders They Have Their Support (Note
AssertionNot checkable as stated
Schneider: Conventional wisdom views decarbonization as a poor VC fit
“Right now, I'm learning or trying to learn about decarbonization to see if there's a seed stage investment opportunity in that space, and it's been challenging because it's a totally new area for me, and also the conventional wisdom is that it's not a good pla…”
Tony SchneiderMar 16, 2020▶ 27:4620VC: True Ventures' Toni Schneider on How Being CEO @ Automattic (Wordpress) Made Him A Better Investor, The Biggest Lessons from Automattic on Running Successful Remote Teams and The Right Way For Investors To Show Founders They Have Their Support (Note
Disclosure
Schneider: Automattic experience represents only 25% of investment approach
“Even though my automatic experience is probably only a small part of my investment approach today, you know, maybe 25%, the rest is really based on being part of the team at True, and like I said before, we're a very collaborative group, and we're committed to…”
Tony SchneiderMar 16, 2020▶ 6:5320VC: True Ventures' Toni Schneider on How Being CEO @ Automattic (Wordpress) Made Him A Better Investor, The Biggest Lessons from Automattic on Running Successful Remote Teams and The Right Way For Investors To Show Founders They Have Their Support (Note
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