Wesley Chan Passed on Twilio's Seed Round Due to Expert Bias
Wesley Chan · Wesley Chan: How I Created Google Analytics; The Founding Story of Gmail & Canva | 20VC #919 · 20VC with Harry Stebbings · Aug 22, 2022 · at 34:34
Wesley Chan was creator of Google Voice and founded Google Ventures' seed investing program. He reflects on his major anti-portfolio investment miss with Jeff Lawson's Twilio.
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“And I passed on it because, you know, I looked at it and, you know, talked to my team at Google voice and everybody looked at it. It's like, oh, this is easy to do. Like, you know, once the company gets big enough, they don't need toilet anymore. Boy, I didn't understand how much he would evolve the product, how much he would change. That was a big miss.”
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