US data privacy failures are as severe as the opioid crisis
“I actually think privacy is Is an epidemic in this country as well, perhaps as big as the opioid crisis, that in plain sight over the past 10 or 20 years we let this problem occur, and we didn't know exactly what it meant until it was already out of the bag.”
Startups do not need product-market fit on day one
“It's not about, I've got this little thing, and I've got huge product market fit today. Yes, you need to accomplish that. Over, you know, the early days of the company's life, but you don't have to have it on day one.”
Comparing venture capital fundraising and investing to dating is silly
“One saying that I really do not like in venture and in entrepreneurship is the idea that raising capital is like dating or investing in entrepreneurs is like dating. That's quite silly if you think about it. A VC and an entrepreneur should be quite up front”
New VCs should maximize meeting volume to calibrate founder judgment
“I would say if you're just starting out in venture, and even if you're not Definitely take as many meetings as you can to really understand what great looks like, not in terms of the idea and the business necessarily, but in terms of the people.”
Grayson's deal flow splits evenly between intros and proactive outreach
“So I'd say probably half the meetings I take are kind of opportunistic intros that they're sending to me. And the other half are really formed by the proactive outreach that I'm doing on my own.”
Grayson spends most of her time proactively researching sectors
“Actually, I spend the majority of my time proactively researching spaces, researching sectors, and getting to know networks of people.”
Generalist venture capital investing is not dying
“I do not think we're seeing the end of the generalist investor.”