Everything Sujay Jaswa said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Jaswa: Race-Conscious UC Admissions Policy Feels Strictly Anti-Asian
“I mean, to me, it just feels, you know, strictly anti-Asian, actually.”
Jaswa: Generative AI is pure hype and far from product-market fit
“Hype. Anything that gets this much attention this quickly at the tail end of a bubble. Is because people are grasping for something. Of course there are applications that will turn out to be wildly interesting and profound, but we're so early on that journey. …”
Jaswa: Generative AI applications are far from true product-market fit
“If a product does not make life better, faster, easier, cheaper for a customer, It hasn't yet found product market fit. We are a long way from that with any of the generative AI applications that we've seen.”
Jaswa: A major VC found their best founders ignored investor calls
“When I was at Dropbox, one of the large, I won't say who, but one of the largest investors in the world In tech told me that they had run a survey of all the investments they'd ever made. And the founders that didn't actually talk to them, refused to take thei…”
Jaswa: Only one or two of 1,000 'living dead' startups will pivot
“There is no doubt that one or two of those living dead companies will figure out a spectacular pivot over the next decade and builds unbelievable products that millions or tens of millions or hundreds of millions of people use. And that's one or two out of pro…”
Jaswa: Past operating experience is largely irrelevant when advising founders
“I think the biggest mistake operators make when they give advice to founders is it's purely out of the lens of their experience in the environment and the circumstances with the tools and the capabilities that they had available to them. And all those macro th…”
Jaswa: Only 1-2 out of 1,000 'living dead' startups will pivot
“There is no doubt That one or two of those living dead companies will figure out a spectacular pivot over the next decade and builds unbelievable products that millions or tens of millions or hundreds of millions of people use. That's one or two out of probabl…”
Jaswa: Joining a $10B startup as employee 500 won't yield generational wealth
“You don't make generational wealth if you're employee 500 at a ten billion dollar company.”
Jaswa: 95% of California private schools opened while public schools remained closed
“From August on something like 95% of private schools were open, while in California, basically no public schools were open.”
Jaswa: Teachers Unions Influenced US COVID Scientific Policy
“To realize that the teachers unions had so much sway that they could almost redirect scientific policy in this country.”
Jaswa: 98% of struggling startups should strip to core and take moonshots
“So basically I think this will be true for what I might, again, I'm just making this up at 98% of these companies. Strip the business down to the core. So you generate whatever, you know, whatever that means. Don't waste more time on it if it's not working. An…”
Jaswa: Sequoia partners staged an intervention to force a Dropbox executive firing
“The first person I ever fired, I won't, obviously won't say who they are, but it was a person in a leadership role at Dropbox and was clearly not delivering results. And Sequoia basically staged intervention with me. So Brian Schreier, who was on our board was…”
Jaswa: Remote work deprives employees of learning by observing senior leaders
“And I think that's actually the biggest thing that's missing from remote work is there are things that I learned from watching working for some of the best people in our business or other businesses”
Jaswa: Former operators give flawed advice based on outdated experience
“I think the biggest mistake operators make when they give advice to founders is it's purely out of the lens of their experience in the environment and the circumstances with the tools and the capabilities that they had available to them. All those macro things…”
Jaswa: The biggest loss in remote work is passive leadership mentorship
“And I think that's actually the biggest thing that's missing from remote work. There are things that I learned from working for some of the best people in our business or other businesses.”
Jaswa: Mandatory dentist supervision unnecessarily inflates teeth cleaning costs
“You can't pay somebody professionally to clean your teeth unless they're supervised by a dentist. And so that's kind of an interesting notion because it's not that complicated a task, and as a result of needing that supervision, it ends up costing way more.”
Jaswa: Creators Will Run Everything in Business Over Traditional Business Executives
“I think the creators are the ones who are going to run everything. And technical people have a much easier path to creation than business people, but I actually think anybody can create things.”
Jaswa: Target Underutilized High-Capex Assets to Lower Startup Activation Energy
“I mean, basically the thing to look for is where is a lot of capex go? And where is that, that thing not running 24 seven? ... And so as a result of that, your activation energy in those examples is low because somebody else has put all the infrastructure in p…”
Jaswa: Early startup diversity depends directly on founder personal networks
“And so if your friend circle is not super diverse, your early employee base is not going to be super diverse.”
Jaswa: Zoom Maintained a 10x Engineer Cost Advantage via Beijing Office
“Well, it turned out, I think their entire engineering team is in Beijing. The fully loaded cost per engineer, if I remember correctly, including equity and everything else, was 40,000 dollars a year. The fully loaded cost for any other software company has got…”
Jaswa: 95% single-party university faculty harms broad critical thinking
“I do think it's problematic that these universities, you know, 95% of the faculty vote for one party. That's, strikes me as not a healthy environment to, not conducive to teaching people kind of broad thinking.”
Jaswa: Dropbox's talent bar would have collapsed without co-founder Arash Ferdowsi
“He was actually the person who kept the talent bar at Dropbox as high as he did. Like Dropbox has that well-earned reputation for being a place where lots of talented people worked, and it would have, the bar would have easily come down if it wasn't for him.”
Jaswa: A $50B PayPal acquisition would have killed the PayPal Mafia
“If PayPal sold to eBay for fifty billion, I doubt the intensity and commitment to pursuing startups would have stayed that, would have been as high for as many of them. Certainly some, but not most.”
Jaswa: WndrCo abandoned its remote work experiment after two years
“We tried it for two years at Wonderco Harry and just blew it up. I just, I got us new offices starting, I mean, starting this month and next month.”