Joel Gascoigne

Everything Joel Gascoigne said on any show that made the record, most notable first. Each card names its show and opens the statement there.

20VC Disclosure

Buffer gave no board seats to investors in seed or Series A

“So both rounds, we didn't bring any investors on the board.”

Joel Gascoigne Mar 29, 2019 ▶ 10:18 20VC: Buffer's Joel Gascoigne on The Moment The Founder Is No Longer The Boss, The Questions Founders Must Ask Their VCs and Why We Need A Spectrum of Different Financing Mechanisms Other Than VC

20VC Insight

Gascoigne: Startup boards usually flip to investor control by Series B

“And I think at some point along the way, maybe it's series A, series B, the board usually flips over to be controlled by investors.”

Joel Gascoigne Mar 29, 2019 ▶ 7:08 20VC: Buffer's Joel Gascoigne on The Moment The Founder Is No Longer The Boss, The Questions Founders Must Ask Their VCs and Why We Need A Spectrum of Different Financing Mechanisms Other Than VC

20VC Assertion Not checkable as stated

Gascoigne: VC incentives drive overfunding startups to see what happens

“The way the VCs are set up generally is structured towards basically triggering an environment where it is almost better if they can pump up these startups, put a lot of money into them, and just kind of see what happens, see if it works, and 90% of the time i…”

Joel Gascoigne Mar 29, 2019 ▶ 11:00 20VC: Buffer's Joel Gascoigne on The Moment The Founder Is No Longer The Boss, The Questions Founders Must Ask Their VCs and Why We Need A Spectrum of Different Financing Mechanisms Other Than VC

20VC Insight

Gascoigne: VC forces startups into a rollercoaster of 100% annual growth

“For the longest time, the only option has been VC. And then the only option is that you lock yourself into this white knuckle ride rollercoaster and that the outcome has to be this a hundred percent year over year growth for the longest time. And I think there…”

Joel Gascoigne Mar 29, 2019 ▶ 13:08 20VC: Buffer's Joel Gascoigne on The Moment The Founder Is No Longer The Boss, The Questions Founders Must Ask Their VCs and Why We Need A Spectrum of Different Financing Mechanisms Other Than VC

20VC Insight

Gascoigne: Withholding financial details from employees treats them like children

“I think sometimes as leaders, we almost treat our team as children or something, you know, that they can't handle those details or that truth Or something. And I think that's just really a disservice to everyone that you've brought on board. Like everyone is a…”

Joel Gascoigne Mar 29, 2019 ▶ 25:22 20VC: Buffer's Joel Gascoigne on The Moment The Founder Is No Longer The Boss, The Questions Founders Must Ask Their VCs and Why We Need A Spectrum of Different Financing Mechanisms Other Than VC

20VC Disclosure

Buffer uses profit sharing to help buy out short-term investors

“We've been doing profit sharing for two years in a row now, and we want to keep going more in those directions and helping investors get liquidity when they're more interested in kind of a short-term horizon so that we can become more self-owned over time and …”

Joel Gascoigne Mar 29, 2019 ▶ 29:07 20VC: Buffer's Joel Gascoigne on The Moment The Founder Is No Longer The Boss, The Questions Founders Must Ask Their VCs and Why We Need A Spectrum of Different Financing Mechanisms Other Than VC

20VC Insight

Gascoigne: Buffer's founding insight was preset daily social media schedules

“I started to schedule using TweetDeck and Hootsuite at the time, but you had to choose a very specific date and time every time you were scheduling something. And all I really cared about was spacing out the tweets there. So that was the aha moment was, oh, I …”

Joel Gascoigne Mar 29, 2019 ▶ 5:42 20VC: Buffer's Joel Gascoigne on The Moment The Founder Is No Longer The Boss, The Questions Founders Must Ask Their VCs and Why We Need A Spectrum of Different Financing Mechanisms Other Than VC

The other half of the tape: Joel Gascoigne's own voice is left out of every number here. Other people bring the name up 2 times in 2 episodes across the shows. 2 statements on the record name them. every mention, with the transcript →

Who brings them up most Hiten Shah 1Harry Stebbings 1

Statements about Joel Gascoigne, by other people (2)

20VC Assertion Supported

Buffer generated $2M in profit in 2017 and $3M in 2018

“Today, Joel runs Buffer as a profitable business, with two million in profit in 2017, and three million in profit in 2018.”

Harry Stebbings Mar 29, 2019 ▶ 0:39 20VC: Buffer's Joel Gascoigne on The Moment The Founder Is No Longer The Boss, The Questions Founders Must Ask Their VCs and Why We Need A Spectrum of Different Financing Mechanisms Other Than VC

20VC Opinion

Hiten Shah: Buffer Founders Advanced Corporate Transparency Movement Significantly

“They've really pushed this movement around transparency and openness a lot further. And I'm sure there's, they've impacted many more businesses than the countless businesses. Right. And that, that kind of, regardless of what happens with their business, they'v…”

Hiten Shah Mar 4, 2016 ▶ 24:34 20VC FF: Hiten Shah on VC Funded vs Bootstrapped Businesses and How He Decides Which Startups To Advise

Every mention by year

One line per show, most statements first. The link opens Joel's full record on that show: the calibration, argument clarity, speaking style and every statement made there.

Show	Role there	Eps	Statements	Record
20VCLEDGER	Co-Founder and CEO, Buffer	1	7	—	full record on 20VC →