John Frankel, Founding Partner at ff Venture Capital, discusses startup trajectory and product-market fit with host Harry Stebbings.
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“Oh, every, every successful company pivots.”
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More from John Frankel
Insight
John Frankel Warns Oversubscribed Deals Frequently Lead to Premature Scaling
“We often find that the hot deals where everyone's scrambling to get in, where they raise the round size and they raise the round price, they prematurely scale, and they're often challenged as the company approaches the next round and the like.”
John FrankelApr 27, 2016▶ 16:3320VC: Why Every Successful Company Pivots and Good Companies Get Funded in Good & Bad Markets with John Frankel, Founding Partner @ ff Venture Capital
AssertionNot checkable as stated
John Frankel Says Startup Creation Costs Have Bottomed Out
“I think it's pretty much bottomed out. I think we've pretty much taken most of the OPEX, or rather, most of the CAPEX involved in starting a business making an OPEX. I'm not sure it goes down much from here, because now you're down to people costs, And real es…”
John FrankelApr 27, 2016▶ 5:0620VC: Why Every Successful Company Pivots and Good Companies Get Funded in Good & Bad Markets with John Frankel, Founding Partner @ ff Venture Capital
AssertionNot checkable as stated
John Frankel Argues the Federal Reserve Is Trapped in a Rate-Cutting Loop
“The Fed has consistently cut rates over the last 16 years to solve problems brought about, to be quite honest, by low rates, and is now stuck in this circle sort of consuming itself and the rest of the economy.”
John FrankelApr 27, 2016▶ 5:5820VC: Why Every Successful Company Pivots and Good Companies Get Funded in Good & Bad Markets with John Frankel, Founding Partner @ ff Venture Capital
PredictionNot checkable as stated
John Frankel Predicts Interest Rate Normalization Will Be Ugly
“At some point, we're going to have to smash back through the looking glass to some sense of normality. It'll be ugly when it happens, but no central bank or government has a stomach together set.”
John FrankelApr 27, 2016▶ 6:1920VC: Why Every Successful Company Pivots and Good Companies Get Funded in Good & Bad Markets with John Frankel, Founding Partner @ ff Venture Capital
Insight
John Frankel Says High-Volume Seed Investing Degrades Portfolio Returns
“The problem is that doesn't lead to high returns to that portfolio. Because for, you know, every one in a thousand companies you had, you also have the other 999.”
John FrankelApr 27, 2016▶ 8:0120VC: Why Every Successful Company Pivots and Good Companies Get Funded in Good & Bad Markets with John Frankel, Founding Partner @ ff Venture Capital
Disclosure
John Frankel Says Worst Performers Took Years to Generate Revenue
“The worst companies we've seen in our portfolio have been the ones that take three, four years to get to revenue, three, four years to get, to prove their ideas against customer engagement.”
John FrankelApr 27, 2016▶ 14:4220VC: Why Every Successful Company Pivots and Good Companies Get Funded in Good & Bad Markets with John Frankel, Founding Partner @ ff Venture Capital
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