Byron Deeter
Partner, Bessemer Venture PartnersBytes · Investor, Bessemer Venture Partners. On 3 shows, 11 appearances. The Shows tab opens the full record on each.
He is a Partner at Bessemer Venture Partners focusing on SaaS investments. He has led investments in companies including ServiceTitan, Twilio, Box, DocuSign, and SendGrid.
3shows
11appearances
195statements
76resolved
63supported
6contradicted
83%fully supported
106said about them ↓ Everything Byron Deeter said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Deeter: Anthropic will be valued over $1 trillion within three years
“I mean, we put our money where our mouth is. We've been a buyer. So over, and that's again, like we a year ago when we were buyers, we still wouldn't have didn't conceive of that.”
Deeter: Epic Has Maintained a State-Endorsed Monopoly in Healthcare
“Epic has had this wonderful state-endorsed monopoly for a long time.”
Deeter: Tiger Global Created Reckless Overfunding and Poor Governance
“There was a lot of happy disruption and big thinking and creativity that, that I applaud. And there was a lot of reckless overfunding and deal work and non-governance that that we're gonna have to clean up for quite a while.”
Deeter: Foundation models will become tech's new hyperscalers
“Our belief is that the foundation models are going to be the new hyperscalers.”
Deeter: Anthropic can capture the number one foundation model slot
“The better in Anthropic was that they would be one of those companies and that they had the chance to compete at the one slot, which we very much still think they do.”
Deeter predicts a one-person billion-dollar company will exist by 2027
“In my mind, I'm thinking a year and I'm holding off whether that means 13 months, whether it's a calendar year or through the end of January, but I think it's that soon.”
Deeter: AI Will Produce Multiple Trillion-Dollar Companies
“I think there's going to be a lot of trillion dollar businesses that are created from this.”
Deeter: Bessemer invested in Anthropic believing it could be a 30x return
“You know, 3.8 X will keep you in business for a long time, but the reason to do it is because you believe it could be a 30 X. And that's the basis of our anthropic investment is we believe that it is a generational company.”
Deeter: Top three LLM companies will raise $100B in six months
“I think the numbers right now, the top three LLMs, if you include you know, Anthropoc, OpenAI, and X in there, ah, are gonna raise a hundred billion dollars in this six month period”
Deeter: AI Will Double Vertical SaaS TAM and Valuation Just Like Payments Did
“I think AI is going to do the same thing, that what it can do you know, with Service Titan, as they talk about automating the technician experience and the ability to go out there and have a co-pilot alongside of you.”
Deeter: AI Solutions Are Already Tapping Into Labor and Services Budgets
“That question's already being answered. It's not even a debate anymore, Harry. It's over. These tech solutions are absolutely addressing, you know, software, hardware, and services budgets comprehensively, and they're doing it in a very successful way.”
Deeter: 10-Person Micro-Businesses Will Reach Billion-Dollar Valuations
“I think we're going to see the era of the micro business. I think that we're going to have, you know, 10 person companies that are crossing billion dollar valuations and, you know, kids in schools are going to be able to launch businesses in real time in, in w…”
Deeter: Top AI Startups Hit $100M ARR in 1.5 Years
“We're seeing businesses go from zero to a hundred million in 1.5 years. That's the supernova profile.”
Deeter: Economics for Anthropic, Perplexity, and Canva Pencil Out
“And I assure you, one of the coolest things about the profile of anthropic and perplexity and Canvan, these businesses is the math actually pencils out.”
Deeter: AI will mirror top scientists' reasoning within 18 months
“The curve is still up into the right, without a doubt, and I do believe that we will cross over this term. You know, people use you know various different terms about you know, levels of reasoning and awareness and AGI and the like. I have no doubt we're, if w…”
Deeter: Tesla wouldn't have survived without DOE loan
“Without the, you know, the DOE bailout loan and things, Tesla wouldn't have existed, but what I missed was that Elon's a force of nature, a generational entrepreneur, and he put that company on his back and powered through so many subsequent layers that the ne…”
Deeter: VC deals get done when partners champion high-end upside
“By the end of the day, the deals that get done, it's the ones where the partner sitting there saying, I'm pounding the table that the high end and more as possible. And that's, that really is the qualitative overlay that has massive quantitative implications.”
Deeter: Maturing venture market will crush mid-sized generalist VC firms
“This maturation is going to make it tough in the middle.”
Deeter: Bessemer refuses to hire sector-specific investors or protect cooling sectors
“This is very much why we don't hire sector-specific investors, and we don't give you air cover if your sector goes out of favor, meaning our job's to make RLPs money, and if you're in a sector that's cooling off, you better get the hell out and go somewhere el…”
Deeter: Sector-dedicated VC funds force capital deployment regardless of market quality
“The risk of having a semiconductor fund or a semiconductor team is that, you know, you carve out, pick a number, five hundred million to invest there. Like, you bet your ass they're going to invest five hundred million in semi, whether the right answer was two…”
Deeter: 2019-2020 peak entry valuations washed out many promising venture investors
“Cycles matter a lot. I really feel bad for great potential investors who joined our industry with checkbooks in 2000, you know, two, 2020, 2019. And they did great deals, but at market prices, which were way too high. And many of those people got washed out of…”
Deeter: VC is one of few asset classes where past performance predicts success
“It is one of the few asset cycles where past performance is an indicator of future success.”
Deeter: Vast majority of mature private software companies won't go public
“Vast majority are not going to get public and consolidation will make sense because at the core, a lot of these businesses are very high gross margin and are run pretty inefficiently because we've got a growth mindset and we're certainly not optimizing for cos…”
The other half of the tape: Byron Deeter's own voice is left out of every number here. Other people bring the name up 101 times in 39 episodes across the shows. 5 statements on the record name them. every mention, with the transcript →
Who brings them up most Harry Stebbings 30Jason Lemkin 26Ara Mahdessian 23David Cohen 3Anna Khan 3Rachel Carlson 2Hans Tung 2Tooey Courtemanche 1
Statements about Byron Deeter, by other people (5)
Lemkin: An active VC can lead at most five investments simultaneously
“How many active investments can you be number one in? And it might be five. Like the traditional, the old school metric for board seats was, it was supposed to be 10, ok, but when you started to run the place, it would be 20. Ok, if you go back and talk, when …”
Rathmann refused Zoom partner meetings with Bessemer and Coatue
“Byron would tell you, and I think Thomas from KOTU as well as, you know, as we were going through the partner meeting process, it was, you know, they're sending a zoom link over and saying, Hey, you know, just zoom in at this time. And that'll be that. And I s…”
Deeter has 14 billion-dollar investments including eight IPOs
“14 won four of Byron's investments are valued above one billion dollars, including eight IPOs and counting.”
Major telecom carriers launched API side projects during Twilio's early years
“And actually it's during the period of time Byron was talking about almost every major carrier did have an API program, believe it or not, but it were like small side project.”
Every mention by year
tap a year for its mentions
20VC 87
the Official SaaStr Podcast 14
2026 4 mentions in 3 episodes 1 per episode
- Anthropic's Raise & What It Means for Potential IPO? Mag7: Google & Amazon Up, Meta & Microsoft Down · 20VC with Harry Stebbings
- Will Open-Source Threaten Anthropic's Business & Do Margins Matter in a World of AI | Matt Murphy
- How Agents Will Steal Your Customers. Plus: The $10K App Our Agent Replaced and the $14 Migration
- every mention in 2026, scene by scene →
2025 13 mentions in 7 episodes 2 per episode
- Predictions for 2026: Top Buy & Biggest Short | Why Salesforce Could Win & NVIDIA’s Challenges · 20VC with Harry Stebbings
- Peter Thiel and Softbank Sell NVIDIA - Why? & Why VC Will Hit $1TRN and The Opening of Retail · 20VC with Harry Stebbings
- The Impact of H1B Visas on Startups in the US & NVIDIA Invests $100BN Into OpenAI · 20VC with Harry Stebbings
- What Happens When AI Kills Your SaaS Growth? Live Q&A with SaaStr CEO and Founder Jason Lemkin
- OpenAI’s $10BN Secondary Sale, Ramp Hits $1BN ARR & Brex Hits $700M · 20VC with Harry Stebbings
- From Startup to $11B: ServiceTitan's CRO Breaks Down Their Sales Playbook
- AI, M&A, and the Future of SaaS: Lessons from Marc Benioff, Salesforce CEO, Co-Founder and Chair
- every mention in 2025, scene by scene →
2024 31 mentions in 4 episodes 8 per episode
- Ara Mahdessian: ServiceTitan Would Not Be the Success if We Raised VC Earlier | E1175 · 20VC with Harry Stebbings
- Advice Every SaaS Founder Needs to Know to Scale to $100m with Sam Blond and Jason Lemkin
- Adam Fisher: Why Small Markets are Better Than Big Markets | E1106 · 20VC with Harry Stebbings
- Jason Lemkin: Predictions for 2024 - What Does a Trump Administration do for Startups? | E1099 · 20VC with Harry Stebbings
- every mention in 2024, scene by scene →
2023 17 mentions in 10 episodes 2 per episode
- Jason Lemkin & Rick Zullo: How "Mark to Market" Corrupted Venture Capital | E1052 · 20VC with Harry Stebbings
- Jason Lemkin: Every VC has a FRAUD in their portfolio; The IPO market is about to EXPLODE | E1046 · 20VC with Harry Stebbings
- What SaaStr CEO and Founder Jason Lemkin Really Thinks About AI, Sales & Lead Gen In 2024
- DEBATE: State of Seed Investing w/ Jason Lemkin, Sam Lessin, Frank Rotman & Harry Stebbings | E1047 · 20VC with Harry Stebbings
- Is AI the Only Thing in SaaS that Anyone Cares About Anymore? AMA Part 1 w/ SaaStr CEO Jason Lemkin
- Tooey Courtemanche: From Construction Worker to Billionaire CEO | E1090 · 20VC with Harry Stebbings
- Scott Farquhar: Founding Atlassian; How We Scaled to a $50B Valuation; The 4 Jobs of a CEO | E1070 · 20VC with Harry Stebbings
- Is the VC Model Broken? Jason Lemkin, Mike Maples, Eric Paley & Harry Stebbings Debate | E1062 · 20VC with Harry Stebbings
- 2 more episodes that year, every mention in 2023 →
2022 2 mentions in 2 episodes 1 per episode
- Jason Lemkin: Cold Email Tips; Why Only 15% of Founders Listen to their VCs | 20VC #954 · 20VC with Harry Stebbings
- 20VC: Why the Traditional Seed Fund Model No Longer Works, Why Multi-Stage Funds Investing at Seed Bring Signaling Risk but also Less Pressure, The One Criteria All Potential Sales Hires Need to Have and The Clear Signs of 10x Sales Hires with Jason Lemki
- every mention in 2022, scene by scene →
2021 5 mentions in 3 episodes 2 per episode
- 20VC: Twilio's Jeff Lawson on What It Takes To Create a Tribe, How To Create Anti-Fragile Organisations Through Decentralised Decision-Making and Why Values Are Nice But Principles Are Better
- Scaling a Successful SaaS Sales Team w/ 20VC Founder Harry Stebbings and SaaStr Founder Jason Lemkin
- 20VC: Why Bundling Does Not Work, How The Best Founders Analyse Unit Economics, Why The Way We Approach Mental Health in Venture and Startups is Wrong with Nigel Morris, Co-Founder & Managing Partner @ QED Investors
- every mention in 2021, scene by scene →
2020 8 mentions in 3 episodes 3 per episode
- 20VC: Why Few Firms Are Doing True Early Stage Investing Today, Why Founders Should Spend Time with Analysts When Raising & The Rise of Pre-Empting Rounds and How To Know When To Engage vs Wait with Anna Khan, General Partner @ CRV
- 20VC: Raising $105m in Just 13 Months Over 3 Separate Rounds, The 5 Core Ways VCs Can Add Value & How Founders Can and Should Fully Leverage Their Cap Table with Kurt Rathmann, Founder & CEO @ ScaleFactor
- How to Win the Talent War with Elisa Steele, CEO at Namely
- every mention in 2020, scene by scene →
2019 12 mentions in 3 episodes 4 per episode
- 20VC: Guild Education's Rachel Carlson on The Benefits of Scaling Startups Outside of Silicon Valley, Why Mission and Margin Are So Tightly Integrated & Why Mums Are The Most Under-Utilised Asset In The Economy
- 20VC: Techstars Founder David Cohen on Why Seed Investing Is A Different Asset Class To Venture, What Makes The Best And The Worst Board Members & Why Every Company Has To Have A Pessimist In The Room
- 20VC: Matrix's Ilya Sukhar on How The Seed Ecosystem Could Be Optimised, Why The Bar For The Break-Out Series A Has Risen & The Art of Effective Referencing
- every mention in 2019, scene by scene →
2018 2 mentions in 1 episode
2017 6 mentions in 2 episodes 3 per episode
- 20VC: Bessemer's Jeremy Levine on Why We Are In A Fallow Period For Consumer, Why It Is Bogus That Operational VCs Can Add More Value & 2 Golden Rules To Always Tell Entrepreneurs Pre-Investment
- 20VC: Bessemer's Ethan Kurzweil on How To View Pattern Recognition and Deal With The Anti-Portfolio, The Next Frontier In Developer Focussed Businesses & Why eSports Is Interesting Again
- every mention in 2017, scene by scene →
One line per show, most statements first. The link opens Byron's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
| 20VCLEDGER | Partner, Bessemer Venture Partners | 4 | 98 | 77% 23/30 | full record on 20VC → |
| SAASTRLEDGER | Partner, Bessemer Venture PartnersBytes | 6 | 82 | 89% 40/45 | full record on the Official SaaStr Podcast → |
 MASTERS OF SCALELEDGER | Investor, Bessemer Venture Partners | 1 | 15 | 0% 0/1 | full record on Masters of Scale → |