Patrick Byrne

6 statements across 1 episodes · 1 bullish · 2 bearish · 1 people on the record · first statement Jan 2, 2019 by Patrick Byrne · across every show →

On the record as a speaker too: Patrick Byrne's record, appearances and statements → this page counts the times other people say the name.

Everything said about Patrick Byrne, oldest first

Jan 2, 2019
Assertion Not checkable as stated
Overstock ran a $500M+ business with just 13 developers in 2005
“We actually didn't have the skill sets back in Oh five Oh six. We had 13 developers. We were a five, six hundred million dollar company with 13 developers.”
Patrick Byrne Jan 2, 2019 ▶ 6:43 a16z Podcast | Wall Street's Most Hated Man -- A Conversation With Overstock.com's Patrick Byrne
Jan 2, 2019 negative
What-if
Patrick Byrne: Overstock should have prioritized tech over retail initially
“If I had to do over again, I was probably wrong, or at least my emphasis was on the wrong syllable. I should have been more focused on the technology to begin with.”
Patrick Byrne Jan 2, 2019 ▶ 4:18 a16z Podcast | Wall Street's Most Hated Man -- A Conversation With Overstock.com's Patrick Byrne
Jan 2, 2019
Assertion Not checkable as stated
Patrick Byrne was rejected by 85 VCs while pitching Overstock
“I was turned down by 85 venture capitalists. At the height of the dot-com boom, when folks were dropping out of Stanford Business School on a one-paragraph business plan, raising a hundred million dollars, here I had run some companies. I had, I thought I had …”
Patrick Byrne Jan 2, 2019 ▶ 2:22 a16z Podcast | Wall Street's Most Hated Man -- A Conversation With Overstock.com's Patrick Byrne
Jan 2, 2019
Disclosure
Patrick Byrne removed Overstock tech leaders who resisted cloud adoption
“It really ultimately it was two or three years ago. I had to remove some people who were quite obstructionist to moving into the cloud. And the new leadership has been much more receptive.”
Patrick Byrne Jan 2, 2019 ▶ 10:18 a16z Podcast | Wall Street's Most Hated Man -- A Conversation With Overstock.com's Patrick Byrne
Jan 2, 2019 bearish
Prediction Didn’t hold up
Patrick Byrne predicts a 2008-level economic crisis within two to three years
“I also think there's going to be quite soon a big, in the next two or three years, a big disruption in our economy. I think in oh eight or worse is going to happen, and with each disruption, people will shift farther into online, and then it ratchets.”
Patrick Byrne Jan 2, 2019 ▶ 34:45 a16z Podcast | Wall Street's Most Hated Man -- A Conversation With Overstock.com's Patrick Byrne
Jan 2, 2019 positive
Assertion Contradicted
WSJ named Patrick Byrne among five people who foresaw the 2008 crisis
“The Wall Street Journal wrote a story at the end of a wait saying, okay, there were five guys who figured this out and, you know, Nassim Taleb and Patrick Byrne.”
Patrick Byrne Jan 2, 2019 ▶ 24:19 a16z Podcast | Wall Street's Most Hated Man -- A Conversation With Overstock.com's Patrick Byrne
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