Data Collective

“You're going to see, I will predict it now. They're going to ban Waymo's in New York, Boston, DC, and they're going to limit them with licenses.”

“Like, you know, the median Series A in the Bay right now is eighty-five million, post-money. The median in Austin is probably more like 65. The median in D.C., probably more like 60, and on down the line.”

“They're not going to break up the big tech companies because like, that's like the whole point is like they're trading partners of the big tech companies. They want to see them Win, in a lot of ways, on a global basis”

“DC is the zero-sum game. There's something positive out there, so it has to accrue to the DC power base.”

“I did sort of feel a bit like, you know, when I was in D.C. Taking a lot of flack for, like, getting rid of waste and fraud, which was an interesting side quest as side quests go. But Got to get back to the main quest. Yeah, I gotta get back to the main quest …”

“Other than that, I see no reason to change the bet they're currently on, which has been the open source bet. So no, in the absence of DC intervention is my call.”

“People in DC literally view that Jensen is selling weapons of mass destruction to other countries. Yeah, that's why they use the word diffusion, proliferation, right? Those are nuclear weapons words.”

“So I think studying SF and studying Austin, Led me to understand the NGO thing, which I then was very helpful with DC, and we actually are working with people running a lot of agencies in DC to go after the NGOs and based on things we've learned in the last se…”

“I think, though, it's hard to have a real business in, you know, let's say, not only the DoD, honestly, but also if you're selling to the government broadly, without really having a presence in D.C. With, you know, folks, you know, who come from the ecosystem,…”

“We published a story recently about that sort of got some documents on the number of hours all the meta executives are expected to testify in the upcoming trial, and the CMO is temporarily moving to DC because of it”

“I often say D.C. Got what we were doing a lot earlier than the people in Silicon Valley, but now it's just sort of an obvious thing.”

“People in D. C. C. S. You know, a real company, not a startup anymore. And I think that that just gives us additional leverage to go and pick up bigger and bigger contracts over time.”

“In my discussions in D.C., this is actually the thing they care about the most.”

“I have teams in 18 states, and I just hired some people who are great in D.C. Just for purposes like these.”

“I know Marc Andreessen and his team spending seventy-five million dollars for the first time hiring people in D.C. To fight for these values”

“DC Is the least rational government organization in the world on this.”

“So today it's a cookie cutter system, right? So you just, now we just go and plonk a DC and it takes us a week, 10 days to get operational. What you should take us a month.”

“Silicon Valley is the most peculiar place in the world, because it's the only place where incentives are aligned with that sort of positive sum mentality. Whereas in places like DC, no one ever turns down talking to the press because it's information trading. …”

“The truth is, if you sit back in D.C. And you listen to what the military tells you know, the military, God bless us, will say what we want to be true. It's not that we're lying, but we've been given a mission and we desperately want it to be going well, and s…”

“Part of the problem is, is that the people with money in Silicon Valley typically made it doing early stage startups, you know, and they, so they understand it. Versus people in places like, you know, Vancouver, or Chicago, or, you know, DC, made their money e…”

“The sweet green of, that we started in D.C. Would not have been successful in New York or L.A.”

“We were a D.C. Only brand for over five years.”

“We raised about 750 grand for it, and started to look for a space that was bigger, with seats, we were gonna maybe evolve the menu a bit, and we actually opened it right at the largest farmers market in D.C., the DuPont Circle Farmers Market.”

“I like to say that DC is a fact for Free zone. And relying on a congressional office or an agency to figure out how your business works by, you know, jumping onto the internet and, you know, doing a news search isn't enough.”

“Eric is working with a lot of folks in DC to think about this concept of, he calls it the long-term stock exchange, but again, similar idea, which is how do we incent both management teams and employees, as well as incent shareholders to kind of think longer t…”

“And so we think very, very much about the fact that DC and Silicon Valley are inevitably smashing together. In a whole bunch of different ways, but one of them is actually methodologically.”

“I grew up in D.C. You know, my mother's a police officer. My dad, you know, dealing with drugs, and you know what I'm saying? It's a whole nother lifestyle.”

“Ordinary, ordinary humans like us can't respond to the demands of a truly successful startup, one that has this hard, sharp arc of takeoff and sleep eight hours and cook our own organic breakfast and get in a brisk six mile walk and then write a little bit of …”

“We made a very conscious decision from the very beginning of our first institutional fund not to be a micro VC, not to be in the 30 to fifty million dollar fund size category, because if you disagree with conventional wisdom about a series A and you want to wr…”

“Our opportunity fund is in fact contractually prohibited from chasing deals outside of our portfolio.”

“We didn't follow on. We didn't raise our hand to be the big dog in successive rounds. And it had nothing to do with the quality of the company. And people trust us when we explain that because the company was a wonderfully engineered, great SAS company deliver…”

“We regretfully either say no up front or don't follow on in the kind of companies that somebody like Jason Lempton is going to make a fortune in.”

“In aggregate in just a couple of our early stage funds are companies have hard contracted gap bookings and or fully recognized gap revenue approaching what should be about two billion dollars in 2016.”

“Ordinary, ordinary humans like us can't respond to the demands of a truly successful startup. One that has this hard, sharp arc of takeoff and sleep eight hours and cook our own organic breakfast and get in a brisk Six mile walk and then write a little bit of …”

“So follow on, three scan, because they are transforming both drug development and medicine by delivering a three D map From the subcellular level all the way up to complete organ systems a thousand times faster and with essentially infinitely greater accuracy …”

“They have almost a million discrete companies in a 140 countries worldwide from tiny companies in China up to a huge chunk of the fortune 100 addicted to their stuff. And they dwarf the footprint of Ariba and any other, you know, would be competitor.”

“D.C. Is the largest city in the world whose police department is run by a woman”

“Big data is a twenty-year secular trend.”

“In a portfolio of roughly 60 companies We've had six fail.”

“In three years, in very, very high risk investing, our worst case outcome was 95% return on capital. And in the failed companies, we got two X, three X cash on cash returns.”

“The verticals where people die, or vast amounts of money are lost, if the right answer is not arrived at in increasingly smaller windows of time, are, in fact, the most aggressive customers for some of these technologies.”

“We're investors in a company called Zen Payroll, ah, and we're investors there because they demonstrated in, on a very small amount Really, of their own money, that they could gut ADP. That customers deserted ADP in droves to have essentially single click, ove…”