Everything Scott Taylor said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Taylor: Founders should seek impartial mentors, not board members
“Not using sort of your board as anyone on your board as a mentor, using somebody that can take a very impartial view and an honest truth, and you can sort of deep dive into your own psychology.”
Taylor: Industry leaders will reply to short, specific cold emails
“And as long as they're short, succinct, and to the point, and you're asking a real valid question, then most of the time these guys love giving advice.”
Taylor: Recruiting domain experts who take pay cuts de-risks startups
“Was the finder able to pull in some high profile domain experts? So again, I started up a medical startup. Was I able to bring in somebody that is insanely smart in that field and get them to take a pay cut for equity? All of those things are sort of signs tha…”
Taylor: SEIS and EIS tax incentives are boosting UK angel investment
“I think that's something that Silicon Valley had an upper hand in us Over the past few years, because of sort of all of the early employees of Google, Yahoo, all of those guys who cashed out they went back and give back angel investments, and it's something we…”
Taylor: Friends and family capital must be treated as total write-offs
“You just have to stress to the friends and family or only tech funds from those people that are prepared to take it as a complete write-off.”
Taylor: Virgin StartUp funded just 3% of 10,000 applications in 2014
“In 2014, there was 10,000 applications, and about three of, three percent of those will successfully get loans dispersed”
Taylor: Invested in stealth food delivery startup competing with Just Eat
“It's still in stealth, but it's a company that operates in the same space as Just Eat. And again, I invested it because of the team and actually the unit economics of food takeaway and delivery startups are pretty compelling.”
Taylor: Started and sold 10 to 12 startups between ages 15 and 21
“I think there, I think it was maybe 10, 10 or 12 online startups that, that had started and sold between the age of 15 and sort of 21.”
Taylor: 22% of Virgin StartUp applicants are in manufacturing and retail
“22% of the applicants are within the manufacturing and retail space, so it's not specifically just online and tech.”