Budget
topic on 8 shows · 11 statements across 11 episodes
the Y Combinator Startup Podcast 
Lenny's Podcast 
A Product Market Fit Show 
Capital Allocators 
Top Founders 
the a16z Podcast 
All-In 
20VC
11 statements about Budget, every show
Abel: Services remain the largest line item in corporate budgets
“And I know every company is an ARR. Recurring revenue focus, but services is still the largest line item in budgets.”
Haroun: 95% to 98% of enterprise budgets go to human labor
“And if you look at certain buyers in the enterprise, and I would include the chief legal officer in this category. But there's many more, by the way, the chief procurement officer, the head of HR, even the CFO. Typically, 95 to 98% of their budget goes to huma…”
Bessent: Failing to pass budget causes largest tax hike in US history
“Everybody recognizes that if we don't get this done, it's going to be the biggest, it's pass fail. It's the biggest tax hike in history.”
Giving budgets to employees encourages irresponsible spending
“If you give budget to people, they will just spend the budget. They won't have any responsibility or whatever. If you don't give them budget, they will have to spend responsibly.”
Hoffman: DOGE has zero chance of cutting $2T without defense cuts
“There is next to zero chance that the missions that they have declared will be successful because the only way to get two trillion out of the budget would be to massively reduce the deficit and reduce defense spending.”
Chamath: Biden's campaign funds can only transfer to Harris
“You can only move it to Harris. You cannot move it. You cannot move the entire, entirety of that budget.”
FirstMark told all portfolio companies to scrap 2022 budgets in January 2022
“In the fourth quarter of 21, we were budgeting for 22, with still a consensus in the broader market that the top three things that matter for your company in twenty-twenty-two were going to be growth, growth, and growth. And we went back in January of 22 acros…”
Gauthier: Rolling forecasts are critical for dynamic changes unlike static budgets
“A budget is nice, and it creates a point in time reference point as to how you're thinking your how you're thinking your business will operate over a course of time, but forecasting and rolling forecast will give you the ability to make changes on the fly base…”
Caldwell: Angel Investors Without Predefined Budgets Make Suboptimal Decisions
“If you don't know how much you want to invest and what your budget is, you're probably gonna be making suboptimal decisions. So it's good to think, here's how much I'm willing to invest across a bunch of startups beforehand versus being like, well, you know, I…”
Casado: Developer budget influence is the most significant enterprise shift
“So developers having control or influence over budget changes all of this. And I think this is probably of all of the things that I'm speaking of the most significant and the most significant shift”