Puneet Agarwal, partner at True Ventures, highlights the perseverance of Tray.io founder Rich Waldron during his company's founding phase.
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“He actually had to sell shoes given the team just ends meet to kind of get the business off the ground.”
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PredictionNot checkable as stated
Agarwal: EQ will separate top VC firms over the next decade
“I do think it's what's going to separate the best firms in the next decades to come. I think IQ, if you want to call it, just Being smart, understanding industries. I do believe that's table stakes in a lot of ways. There's a lot of smart people around. A lot …”
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Insight
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PredictionNot checkable as stated
Agarwal: 40% to 50% of True Ventures investments will fail
“We are very open about the fact that 40 to 50% of the companies we invest in will probably lose or go to zero.”
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AssertionNot checkable as stated
True Ventures Operates Without Consensus or Individual Deal Attribution
“So we don't have a consensus driven approach. We actually encourage dissension and we want dissension. We don't have attribution.”
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Opinion
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Disclosure
True Ventures let founder keep $5M investment following cancer diagnosis
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