Everything Brett DeMarrais said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Respecting Failing Founders Yields Better LP Returns Than Salvage Sales
“Treating that person well, handling it with respect, Making sure that they're comfortable is long-term a better outcome for both our LPs, us, and the founder than trying to sell the company and claw back our money.”
DeMarrais: Personal Friendships With Founders Drive Better Venture Outcomes
“I don't think that's a problem at all, because I think the closer you can come to developing an actual friendship, the better the business relationship will be, and so I think if you're the person who they want to go to the ballgame with or have a beer with or…”
DeMarrais: Autonomous Vehicle Fleets Will Make Car Ownership Obsolete
“I think car ownership is, is, is going to be a thing of the past because when autonomous vehicles come around, you know, there'll be these fleets of vehicles. You can just call on one button. I think it'll be cheaper. It'll be more convenient.”
DeMarrais: VR Will Transform Collaboration But Not Replace Traditional Media
“I think it's a game changer for collaboration and workforces. I think it's an extension of entertainment for people. I don't buy in that, you know, VR is going to be a replacement for movies or television or books.”
DeMarrais: Venture capital is a customer service and human relationship business
“People starting businesses are people and they're not an asset class to be invested in. And so I think when more and more VCs understand that and treat venture capital as a customer service business, as a human relationship business, then we'll all be better o…”
DeMarrais Spent $30K of $75K Startup Capital on Website Design
“I took 30,000 dollars of about the 75,000 dollars I raised, and I hired someone to design a website for my company”
DeMarrais: Startup Growth Parallels Fitness Gains, Requiring Exponential Effort Later
“The easiest gains are always at the beginning... The amount I could lift would increase rapidly up until a certain point. And then it was exponential effort to get, you know, a minuscule gain. And I think that's a lot like working at a startup.”
Ludlow Ventures Spent 6 to 9 Months Fundraising Before Taking Paychecks
“There was no vehicle to invest out of. And so I said yes on the spot. And then it was, you know, six to nine months of toiling away, raising money before, before we actually took paychecks.”
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