Loft

company on 1 show · 2 statements across 2 episodes · said 5 times in 3 episodes since 2021

20VC 5

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20VC Disclosure
Cillufo: QED passed on Nubank and Loft seed rounds over high valuations
“We turned down both NewBank and Loft at their seed stage, right? So in both cases, we knew the CEO long before they had the idea for the company... And in both cases, they had what at the time looked like offer sheets with really high valuations. We looked at …”
Bill Cillufo Apr 22, 2022 ▶ 24:08 20VC: How Today's Market Changes How Companies Should Approach Burn and Runway, Are Financing Markets Closing? How To Know When To Pay Up vs Stay Price Disciplined & Why The Most Important Thing in Venture is Generating Positive Selection with Bill Cilluf
20VC Assertion Supported
a16z Invested in LATAM Startups Loft, Jeeves, Pomelo, and Addy
“Andreessen has made some very significant investments in LATAM over the last few years, in the likes of Loft, Jeeves, Pomelo, and Addy, to name a few.”
Harry Stebbings Aug 19, 2021 ▶ 0:26 20VC LATAM Part 2: a16z's Angela Strange on When To Expand Beyond Your Core Market, Why Serving the Unbanked is Such Good Business & Whether the Startup Will Acquire the Distribution before The Incumbent Acquires the Innovation?

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