Everything Mar Hershenson said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Hershenson: Assertive women in boardrooms are labeled 'bitches' rather than 'assholes'
“I'm board meetings. I look, you know, I'm not an asshole. I'm a bitch, right? That's the summary of the situation.”
Seed Startups Without Lead VCs Struggle to Raise Series A Funding
“A seed company that maybe, you know, angel funded and has some sort of party round and there's no clear lead venture person has a much lower chance of getting to a series A than a company that has a lead seed fund behind it.”
Hershenson: Repeat founders account for 59% of top unicorn startups
“And while there are 37% of founders, the repeat founders in companies today, 59% repeat founders are in the top unicorns.”
Hershenson: 10% of unicorn startups have founders who attended Stanford
“10% of unicorns have founders that attended Stanford.”
Hershenson: Former Google employees have a surprisingly low founder success rate
“And actually, I think the rate of success of people that came out of founder of Google, relatively speaking, is not that high.”
Hershenson: Sales is the most important skill, yet universities avoid teaching it
“Teaching sales at a higher educational institution is considered, like, dirty work, so we don't even teach it, right? But it's the most important thing”
Hershenson: Only 2% of all companies have all-female founding teams
“Two percent of all companies have an all-female founder team.”
Hershenson: CEOs in Pear VC's top 10% portfolio are reading machines
“I have actually gone and looked at our top 10% of our portfolio, and there's one thing those CEOs have in common. They are reading machines.”
11 of 13 Pear Launchpad Companies Raised Top 2016 Seed Rounds
“So, you know, last year we had about 13 companies 11 of them ended up raising a seed round from great people. Accel, first round, Index, just really, really top name people. And the other two went back to school.”
Pear VC Evaluates Pre-Product Founders Solely on Obsession and Drive
“And the only thing we're judging is the human being, and the founder, and whether we think they are obsessed, hungry to achieve something.”
VC Platforms Are Intensive Service Operations Scaling via People, Not Software
“At the end of the day, to be honest, what we do is, you know, you can automate and replicate some of it, but it's a very intensive services business, right? It's people. Everybody's different. Founder has a problem, and they really need that human contact with…”
Startups Succeed Only by Tackling Their Hardest Problem First
“I think as a founder, you can always be busy, but the only thing that matters is the hardest thing. And a lot of many founders will tend not to do the hard things first. Right. They want to like, it's because you feel more comfortable doing the easy things fir…”
Concise Founder Communication Is a Top Predictor of Startup Success
“But again, I think it's almost the way the CEO or the founding team communicates. It's a great predictor of success. And again, I think being a good communicator, it's obvious, but the people that are concise and size and they come to a meeting and they're lik…”
Hershenson: Pear VC portfolio companies are worth over $100 billion combined
“I've worked for the last decade with hundred plus startups. They're worth over a hundred billion dollars”
Hershenson: 42% of surveyed entrepreneurs started a business as children
“So researchers at Northeastern surveyed a hundred, hundreds of entrepreneurs, and they counted that 42% of them had started a business as a kid.”
Hershenson: 40% of All-In Summit speakers attended Stanford
“In the All In Summit, I actually went through all the LinkedIns, 40% of the speakers attended Stanford”
Hershenson: Former Rappi employees have founded over 100 new startups
“There's been a hundred plus companies created by Rappi employees. It's crazy. Even, almost 50 in Colombia.”
Only 1 in 100 Startup Pitches Generates Strong Investment Conviction
“You meet a hundred companies, and 95 of them, you know, it's a clear no, four of them, it's like, maybe, and one of them, you're like, oh my god, I gotta do it”
Active Seed Fund Involvement Typically Lasts 18 to 24 Months
“The nature of seed is such that they're around for 18 to 24 months, right? It could be less, it could be more, but on average, that's the number.”
Pear VC Invested in Nova Credit Before It Had a Product
“We invested before there was a product. There were students at Stanford and they were coming here to our lectures or talks, et cetera. Just an amazing team.”
Elad Gil's Blog Is Top-Tier Because Every Post Is Dense With Truth
“I mean, every piece that he writes is like, so dense with knowledge and truth. So I think he's, definitely. Definitely. That would be my number one”