What-if certainty 3/5 debate potential 3/5

Danny Rimer: Nasty Gal Could Have Succeeded With Co-Investor Board Support

Danny Rimer · 20VC: Index's Danny Rimer on His Biggest Lessons On Price, Ownership, Board Dynamics & Building Consumer Businesses from Backing The Likes of King, Skype, Farfetch, Glossier and more... · Dec 3, 2018 · at 33:04

Danny Rimer, partner at Index Ventures, analyzes why e-commerce retailer Nasty Gal failed despite its potential.

0:00 / 0:21exact quote · 21.8s
720p mp4 · rendered on demand · StarZero watermark
“And I often think that what I should have done was share the workload with Someone else who's super competent and who would have been really helpful in the journey, because there were a lot of reasons why nasty gal could have been a phenomenal investment, but just didn't have a lot of the support that was needed to try and make it successful.”

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 Danny Rimer

Insight
Danny Rimer: TAM and market size are noise in startup investing
“One of our tenants is definitely that market size TAM is noise.”
Danny Rimer Jun 17, 2024 ▶ 0:07 Danny Rimer: The Biggest Lessons from Missing Snap, Airbnb, Spotify and Facebook | E1166 · 20VC with Harry Stebbings
Opinion
Danny Rimer: Index Ventures portfolio company Joost was a 'shit show'
“Being an investor in Juiced, which was a shit show”
Danny Rimer Jun 17, 2024 ▶ 15:51 Danny Rimer: The Biggest Lessons from Missing Snap, Airbnb, Spotify and Facebook | E1166 · 20VC with Harry Stebbings
Opinion
Danny Rimer: Sector, impact, and geographic funds compromise on investment quality
“I'm not a huge fan of sector funds because I think that with sectors, you're not looking for the best companies. You're looking for the best company in that sector. I'm not a fan of impact funds because you're rationalizing A mediocre investment because you're…”
Danny Rimer Jun 17, 2024 ▶ 29:29 Danny Rimer: The Biggest Lessons from Missing Snap, Airbnb, Spotify and Facebook | E1166 · 20VC with Harry Stebbings
Insight
Danny Rimer: Investors should abandon theses to back extraordinary founders
“If the person's extraordinary, throw all theses out the window and just back the founder.”
Danny Rimer Jun 17, 2024 ▶ 0:03 Danny Rimer: The Biggest Lessons from Missing Snap, Airbnb, Spotify and Facebook | E1166 · 20VC with Harry Stebbings
Insight
Danny Rimer: Great companies can go public in any market environment
“I do believe that the best companies at that stage when they are ready to go public can go public in any market.”
Danny Rimer Jun 17, 2024 ▶ 24:57 Danny Rimer: The Biggest Lessons from Missing Snap, Airbnb, Spotify and Facebook | E1166 · 20VC with Harry Stebbings
Assertion Not checkable as stated
Index Ventures' best investments have always been unanimous
“Our best decisions, our best investments have always been unanimous, which has a lot to do with the dynamic of the partnership being so varied and diverse in terms of who we are and how we approach things.”
Danny Rimer Jun 17, 2024 ▶ 8:40 Danny Rimer: The Biggest Lessons from Missing Snap, Airbnb, Spotify and Facebook | E1166 · 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.