Insight certainty 4/5 debate potential 3/5

Consumer startups cannot rely exclusively on mobile apps without a web presence

Christian Hernandez · 20VC: Christian Hernandez on The Importance of Mobile and The Relationship Between Growth vs Revenue · Mar 9, 2016 · at 12:18

Christian Hernandez, co-founder and partner at White Star Capital, discusses product distribution strategy and mobile platform dynamics in 2016.

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“Mobile will be a strong component of any consumer facing offering. I don't believe in mobile only. I actually think, and we saw it even at Facebook with Instagram, and we saw it with Path, we saw it with others. You do need to have a landing point on the web as well.”

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Assertion Not publicly verifiable
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“Active Series A funds, which for us meant funds that have done at least five Series A investments in the last three years. And we looked at West Coast versus New York versus Europe. West Coast, I think that's something like a 140 active Series A funds. New Yor…”
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“Yeah, and I think calling it C or series A or series B means nothing nowadays, because it really varies by geography.”
Christian Hernandez Mar 9, 2016 ▶ 9:48 20VC: Christian Hernandez on The Importance of Mobile and The Relationship Between Growth vs Revenue
Insight
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“I think that one of the hardest decisions is the fact accepting that the guy that was with you or gal on day one is not likely to be that SVP of sales or even CTO that you might need to scale your company as you hit thirty million users.”
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Opinion
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Prediction Not checkable as stated
Venture capital cannot be disrupted without changing the 10-year fund model
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Christian Hernandez Mar 9, 2016 ▶ 19:55 20VC: Christian Hernandez on The Importance of Mobile and The Relationship Between Growth vs Revenue
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