“I think the public market doesn't even know how to value it, really.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
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More from Danielle Morrill
Insight
Morrill: Overhyped equity options create severe retention crises during repricings
“It's almost like we've taken stock options and we've hyped them up more than we should have, because then you do have this trust problem where if you do have to do something for the survival of the company, Now you're telling a couple thousand people, hey, we …”
Danielle MorrillJan 2, 2019▶ 21:01a16z Podcast | Raising Money and Valuing Startups -- What Happens When Things Don't Go As Planned?
Opinion
Morrill: Young founders build consumer tech because they lack real-world experience
“I think there's just a ton of people who work on consumer products because they don't know anything about the world.”
Danielle MorrillJan 2, 2019▶ 23:31a16z Podcast | Raising Money and Valuing Startups -- What Happens When Things Don't Go As Planned?
Opinion
Morrill: Hopping between mid-stage startups is a smart career tactic
“Actually, you can find people that just hop from, you know, mid-stage startup to mid-stage startup as pretty much a career tactic, which I think is pretty smart, actually.”
Danielle MorrillJan 2, 2019▶ 19:36a16z Podcast | Raising Money and Valuing Startups -- What Happens When Things Don't Go As Planned?
AssertionNot checkable as stated
Morrill: Investor Competition for Rare Unicorns Drives Up Startup Valuations
“And then I think you're also seeing these really massive rounds because what I'm seeing is really competitive deals where investors feel like there's not that many super Unicorn potential startups. They want to pile into those, and so that drives up valuation …”
Danielle MorrillJan 2, 2019▶ 1:09a16z Podcast | Raising Money and Valuing Startups -- What Happens When Things Don't Go As Planned?
Insight
Morrill: Late-Stage Investors Push $100M Rounds to Deploy Excess Capital
“What I'm seeing is a lot of the pressure is coming from that side. It's like, well, we don't want to deploy thirty million dollars, we want to deploy a hundred million dollars, because We don't have another, enough places to deploy its capital.”
Danielle MorrillJan 2, 2019▶ 4:45a16z Podcast | Raising Money and Valuing Startups -- What Happens When Things Don't Go As Planned?
Disclosure
Morrill: Mattermark operates without a board of directors
“Raising these big seed rounds, so we don't have boards for a really long time. Like, I don't have any board members, so I go to my advisors, and I'm trying to work with them and think through a lot of these questions with them”
Danielle MorrillJan 2, 2019▶ 12:06a16z Podcast | Raising Money and Valuing Startups -- What Happens When Things Don't Go As Planned?
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