Everything Dustin Dolginow said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Venture capital knowledge will become distributed rather than insider-only
“Maiden Lane is being built and AngelList is being built, you know, in the middle of a city center of a major city, and I think that's sort of the bigger trend of where venture is going. It is no longer going to be a skill set or knowledge of the very few. It's…”
Consensus VC decisions will decline as conviction investing and LP directs grow
“We're going to see three pretty basic models emerge for how decisions are made, all the way up from LPs down, down to small seed funds. And the three buckets are going to be consensus-based decision-making, and that's every fund that, you know, has pretty much…”
Top VC firms will be forced to adapt to new funding models
“Sequoia, Benchmark, Andreessen Horowitz, they're not going away anytime soon. This isn't like, we're out to beat them and kill them. Not in the same way Airbnb is not going to delete hotels overnight. It's going to change how hotels work. I think that's a bett…”
Maiden Lane charges 30% carry to share economics with syndicate leads
“The reason we asked for 30% carried interest is because we share 15 to 20% of that carried interest with syndicate leads.”
Prescription delivery is the most overhyped tech sector
“Probably prescription delivery is amazing. It went from like one company to six in three months. It was wild to watch.”
Canada's tech ecosystem is thriving due to a lower cost of living
“This probably is in the sector, but I think Canada for the last two years deserves full credit for just really slaying it. I think it's an indication of how important cost of living is to young companies getting their start. And Canada as a country is just fro…”
Atlas Venture led AngelList's Series A and all subsequent rounds
“Atlas would end up leading the Series A for AngelList very quietly. And have invested in every round since, and I think just continue to drink the Kool-Aid around online investing.”
Maiden Lane raised a $25M fund to invest in AngelList syndicates
“And so we raised twenty-five million dollars. We named the fund Maiden Lane.”
Maiden Lane deploys 95% of its investments through AngelList syndicates
“95% of the investments that we make are done through AngelList, and specifically through syndicates.”
Maiden Lane opened a live-work loft for part-time syndicate leads
“One of our first things that we did was we opened a live work loft so that people could do meetings and host dinners and just kind of a third space because most all the syndicate leads have a full-time job, right?”
Maiden Lane originally planned to make half its deals offline
“Initially, we didn't even think there would be enough deal flow on AngelList, and so we put it in our documents that we would do half the deals offline in a more traditional manner, and then half online, kind of waiting for the platform to scale.”
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