“So we're a team of nine. Everyone on our team can say yes in an individual meeting. We don't need, we don't vote. We don't try to find groupthink.”
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 David Tisch
Insight
Tisch: Investors should pay any valuation for generational seed companies
“If you fund a generational company and the outcome is insanely enormous, you should say yes to whatever that number is at the seed stage.”
David TischFeb 5, 2024▶ 24:51David Tisch & Terrence Rohan: Biggest Misconceptions & Hardest Truths About Seed Investing | E1112 · 20VC with Harry Stebbings
Opinion
Tisch: Second and third-tier venture capital firms suck and are harmful
“I think the second The third tier VCs are uninteresting, and I think the third tier VCs are harmful, but I think the best ex-firms at each stage are good enough to not need to overly rank them. But I think the second and third tier VCs suck.”
David TischFeb 5, 2024▶ 1:15:53David Tisch & Terrence Rohan: Biggest Misconceptions & Hardest Truths About Seed Investing | E1112 · 20VC with Harry Stebbings
Opinion
Tisch: VC signaling is a fake concept that does not exist
“I don't believe in signaling. I think it's a fake word and I don't think it exists in this market.”
David TischFeb 5, 2024▶ 1:18:00David Tisch & Terrence Rohan: Biggest Misconceptions & Hardest Truths About Seed Investing | E1112 · 20VC with Harry Stebbings
Opinion
Tisch: Outside the top 25 VCs, investors are commodities or net negatives
“I don't think outside of the top five to 25 VCs, individuals, that VCs can magically impact a company. I think most of those investors join your board at series A or B, and they, those five to 25, whatever the number is, and the rest of the investment Sort of …”
David TischFeb 5, 2024▶ 1:23:47David Tisch & Terrence Rohan: Biggest Misconceptions & Hardest Truths About Seed Investing | E1112 · 20VC with Harry Stebbings
Insight
Tisch: VCs never cause startup success, only failure
“The company's either going to work or not work. And you are not the reason for either of those two things. If anything, you're the reason it's not going to work.”
David TischFeb 5, 2024▶ 1:30:36David Tisch & Terrence Rohan: Biggest Misconceptions & Hardest Truths About Seed Investing | E1112 · 20VC with Harry Stebbings
Insight
Tisch: VCs who overpaid deserve no sympathy; valuation is their problem
“The valuation to me is the investor's problem. And I just don't like, I don't believe that my sympathy sits for all the VCs that overpaid on things that they did. Like, everybody could, again, back to this, like, you could have said no. If you thought somethin…”
David TischFeb 27, 2023▶ 21:46David Tisch: The 3 Most Important Variables When Raising Your Seed Round | 20VC #983 · 20VC with Harry Stebbings
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.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.