Battery Ventures

“Let, I think, eight percent of CIOs have a budget increase over 10%. So, 92% don't. So, think fixed, you know, near fixed budget, but 85% of them say they're aggressively increasing their spend on AI.”

“Well, you know, battery came up with a famous slide well now famous slide, but they basically said, I'm going to get the, I think to support 30 sellers, they argued that today it takes a 110 personal organization and that tomorrow it'll take 75. So they're say…”

“We heard about us because an investor, Battery, was here in Austin, and they were meeting with a local company, and the CEO, they asked the CEO Who, who's the interesting company that you use, and that Liz Pinto thing is like pretty good, and it's, they got gr…”

“If we had looked at the founding team and the infrastructure they built, I think we would have looked past the individual customer feedback, a data point here, a data point there, that said, hey, this is still not quite ready for prime time, and instead focuse…”

“And the good news for us, I think it's going to continue another 30 years. And this is, I think, some battery ventures data. But it's, you know, the market's going to 10 X again.”

“Yeah, today we are in discussion with Battery, Battery Venture and First Mars Capital.”

“So we raised a seed round with Amplify Partners, and then we got Battery Ventures to join that round, and we raised 4.8 million with them.”

“The company only ever had to raise a million dollars because they were so capital efficient, and then in 2014 partnered with Battery Ventures, a leading private equity firm, so they came in to help platform us for the next phase of growth.”

“I sort of think about it as the ones of stages, and so there's the one million in ARR standpoint, there's the one million that you're adding a quarter, and then there's the one million that you're adding a month, and so those are three different points in time…”

“At the end of the day, that kind of creates two different areas that are compressing into a single one. And so it does lead to a lot more funding of companies that maybe four or five years ago wouldn't have gotten funding.”

“I'm optimistic over the course of the next six months or so this drought that we've had over the last quarter in companies going public. I think we're going to see that short itself up,”

“At the end of the day, 2000 companies in a given year will get funded from venture investors and 200 of those will probably be done by firms that, that We would consider peers of ours and quality investors. And at the end of the day, 10, 10 of those will drive…”

“In the ideal world, what you're looking for is actually a market that might be close to zero today. And that's going to be like 500,000,003 years from now. And it's really the new opportunity, however you want to define it. And there's a rapid and Rapid growth…”

“Prior experience is not required for success.”

“Battery was an investor in Frencer way back in the day, and I think they were way ahead, but unfortunately grew too fast, they couldn't keep up, and Facebook ultimately won that market, which is unfortunate for us.”

“This is a SaaS software company in the healthcare space, and we had offers to sell the business for, say, a four hundred million dollar range. After a long conversation with the CEO, we collectively decided to turn that down and to keep going, and we were fort…”

“What I've learned through that deal and many others since then is you should really be willing to do a deal regardless of the exact terms that you get, the exact structure you get, because that's how you really test your conviction in an investment thesis. You…”

“There were 10 companies that we saw on the photo sharing space that looked very similar to Instagram that were indistinguishable at the time, but ended up not being as successful.”

“So we were late investors in Splunk. Splunk was a great company. At no point during Splunk's pitch did they ever talk to us about big data.”