Benchmark General Partner Chetan Puttagunta responds on 20VC to claims that tech entrepreneurs focus on quick flips rather than long-term value.
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“The idea of wanting to build companies that go for 1020 plus years, is something that I think is actually becoming more common than not.”
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More from Chetan Puttagunta
Insight
Puttagunta: Hiring remote talent for cost arbitrage is a mistake
“I think that as companies become remote, and as top talented, whether it be developers, or salespeople, or marketing people, have access to remote companies, it's really hard to do a cost arbitrage these days. I think most people know pretty quickly sort of th…”
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“Yeah, I think there's been, frankly, an over rotation into just running businesses simply on metrics.”
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Insight
Puttagunta: Going public drives operational rigor in software companies
“Having that light and that spotlight on your company just makes the execution orientation of everybody go to another level, and I think it's just a really, really positive force in In the growth of a company, especially in software, and so I think it's just an…”
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Opinion
Puttagunta: Every growing tech startup must eventually recruit from Silicon Valley
“And if you want to attract managers and executives of that caliber, the depth of that talent pool exists in Silicon Valley. And so I think it's particularly important to recruit out of that ecosystem at some point in the life cycle of the company.”
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Insight
Puttagunta: Historical TAM analysis is a trap; market spend can expand 100x
“And so I think TAM analysis is the first step to that mental trap where you can look at historical or legacy markets and say, well, the last 10 years or the last 20 years, this market has been this small. And the important question to ask then is, well, is tha…”
Chetan PuttaguntaAug 5, 2019▶ 21:5820VC: Benchmark's Chetan Puttagunta on The One Question To Ask When Analysing Market Size, How To Compete in Today's War for Talent & Why We Have Seen An Over-Rotation In Running Businesses Based on Metrics
Insight
Puttagunta: Software end-users must become product champions to avoid buyer friction
“Oftentimes if you don't understand that relationship and the user has not become a champion of the product, the buyer then has an enormous decision-making power, whether it's like a procurement process in large enterprises or whether it's a decision-making pro…”
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