Alex Mittal
Founder & CEO, FundersClub. On 1 show, 1 appearance. The Shows tab opens the full record on each.
Alex Mittal is the Founder and CEO of FundersClub, an online venture capital platform supporting high-growth startups. His firm's portfolio includes companies such as Slack, Greenhouse, Shippo, and Flexport.
1shows
1appearances
12statements
2resolved
0supported
0contradicted
0%fully supported
3said about them ↓ Everything Alex Mittal said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Alex Mittal: Many AI startups promise what is fundamentally impossible
“The bad news is that I believe we're in a point in time where, and this is, you know, I think I mentioned that this is like blasphemy for me to say as a VC, given, you know, AI is sort of hot right now, but we're in an era where what is being promised by a lot…”
Alex Mittal: Current AI is fancy data processing, not true intelligence
“This is, like, more fancy processing of data that leads to more cases where you can automate things that previously were not automatable, but it's not intelligence.”
Mittal: Most tech VCs do not understand brand-based investing
“But I believe that most technology VCs don't understand that because we invest in technology and technology differentiation. And so I think you can get in trouble when you Start changing when your actions are separated from your strategy and knowledge base.”
Mittal: Senate legislation will allow non-wealthy people to become accredited investors
“There's revolutionary almost legislative changes happening right now in the Senate, for example, that will, for the first time in history, in U.S. History, make it possible for people to qualify as accredited investors outside of just being wealthy.”
Mittal: Every VC firm functions fundamentally as a marketplace
“Every VC firm is actually, to some extent, a marketplace. You've got limited partners. Those are typically institutional or very well-to-do investors. You've almost like the market makers in the middle. And then of course you have the founders, the entrepreneu…”
Mittal: Repetitive fundraising pitch shows distract founders from building their businesses
“The repetitiveness of the process. You're literally going through the same, I guess, pony show over and over again. And sometimes like as an entrepreneur, like you can get addicted to this. Like sometimes it's cause it's exciting to tell your vision and story …”
Mittal: Indecisive VCs who never give clear answers are top founder pain point
“And then the never getting an actual, like, yes or no.”
Mittal: Webvan had one of the highest Net Promoter Scores ever
“The MPS score for web band was always like ridiculously high, the highest of any product, I think.”
Mittal: On-demand delivery failures stem from unit economics, not consumer demand
“It's never been about the consumer not wanting it. It's been about the unit economics and such and defensibility in some cases, although both of those things can be solved or solvable problems.”
Mittal: Hard science startups cannot yet match software's speed and cost
“Everyone, founders, investors, everyone needs to recognize that we're not yet at the speed of software in the hard sciences. And so nor are we at the cost.”
Alex Mittal expects APIs to unlock complex compute power and data for developers
“The other is actually fundamentally, we're seeing the exposing complex, like computing capabilities and data that is inaccessible to most people through APIs. And so like by analogy, if you're at CES, like NVIDIA announced this cloud gaming service, which is n…”
The other half of the tape: Alex Mittal's own voice is left out of every number here. Other people bring the name up 3 times in 3 episodes across the shows. every mention, with the transcript →
Who brings them up most Harry Stebbings 3
Every mention by year
tap a year for its mentions
20VC 3
2019 1 mention in 1 episode
2017 2 mentions in 2 episodes 1 per episode
- 20VC: Coinbase's Brian Armstrong on The Rise & Short Term Correction in ICOs, The Regulatory Framework Required For Blockchain To Succeed & How The Rise of Blockchain Disrupts The VC Industry
- 20VC: SaaStr's Jason Lemkin on The 3 Things You Want From Your LPs, Why Most VCs Do Not Add Value & Why The Best VCs Know How To Package Startups For The Next Round
- every mention in 2017, scene by scene →
One line per show, most statements first. The link opens Alex's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
| 20VCLEDGER | Founder & CEO, FundersClub | 1 | 12 | 0% 0/2 | full record on 20VC → |