Roy Bahat is the head of Bloomberg Beta. He discusses common founder misconceptions about startup valuations and venture capital fund strategy.
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“A lot of founders believe mistakenly, in part because VCs lead them on, that company valuation is some kind of a marker of how highly the VC rates your company.”
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More from Roy Bahat
Opinion
Roy Bahat argues the typical venture capitalist is disastrous for startups
“I think there are many wonderful VCs. I just think it's that the typical VC is disastrous.”
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Bahat: Venture capital's greater fool dynamic will not survive a market downturn
“We do have this greater fool dynamic happening in our industry. And one of the challenges is if your strategy, nobody's explicit strategy is this, but if your actions reveal that actually your approach is making money on the greater fool, which is to say the l…”
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Opinion
Bahat: Many financially successful tech industry icons are awful role models
“I think many of the heroes that we have set up in the technology industry are... Awful role models in that the heroes that we have set up are often the people who have been the most financially successful.”
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Opinion
Bahat: Dollar-for-dollar, angel investors are more valuable to startups than VCs
“Angels dollar per dollar are the most valuable investors in the ecosystem, even more valuable than VCs, more valuable than us, especially angels who are themselves founders of venture backed companies.”
Roy BahatOct 18, 2019▶ 34:3420VC Exclusive: Roy Bahat on Bloomberg Beta's New Fund, The Truth About Valuation That Very Few VCs Will Tell You & Why Founders of Venture Backed Startups Make The Best Angels
AssertionNot checkable as stated
Bloomberg Beta invests if a single partner says yes, ignoring consensus
“Any one person says yes on our team we do a deal.”
Roy BahatApr 13, 2016▶ 6:0420VC: Why Machine Intelligence Will Eat The World Of Software with Roy Bahat, Head of Bloomberg Beta
PredictionNot checkable as stated
Machine intelligence will eat software while software eats the world
“Yes, I think machine intelligence will eat software. While software is eating the world.”
Roy BahatApr 13, 2016▶ 8:5020VC: Why Machine Intelligence Will Eat The World Of Software with Roy Bahat, Head of Bloomberg Beta
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