Everything Sumeet Shah said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Shah: Female founders understand product startups better than men
“And they get product startups most of the time better than men.”
Shah: The Series A crunch primarily impacts software and tech startups
“The Series A crunch definitely exists a lot when it comes to technology and app-focused and software-focused startups.”
Shah: Technical co-founders are almost negligible for e-commerce startups
“If you're working in a more high-tech consumer, or if you're working on things that really require that extra software to back everything through, you're gonna need a technical co-founder, but with, like, something of e-commerce, you know, it's almost negligen…”
Shah: Focus on doubles and triples eventually leads to unicorn investments
“I truly believe that by building those doubles and triples, and Over time, building your reputation of handling those doubles and triples, you're going to find a unicorn yourself.”
Shah: NY builds sustainable businesses; Silicon Valley has a dream mentality
“New York really focuses on building sustainable businesses. Silicon Valley and San Francisco is a dollar in a dream mentality.”
Shah: Net-A-Porter will succeed post-YOOX merger despite founder's departure
“I think it'll be ok, because Net-A-Porter and Ukes, the merger, made a lot of sense for both sides. I mean, having the back end of Ukes with the front end of Net-A-Porter and what they've done has been absolutely fantastic. It is worrisome that Natalie is no l…”
Shah: The FDA does not require tampon brands to disclose ingredients
“The FDA does not require the women's sanitary product companies to list the ingredients and products inside of tampons, and there are a significant number of chemicals that are in there.”
Shah: Equity crowdfunding platforms ease the VC due diligence burden
“Platforms out there like the Seed Invest and Angelists of the world they're getting better and better in terms of the validation and really strict interview process of startups coming in through them, and it's really helping us a lot because it kind of allevia…”
Shah: Andrew Mitchell's Zig Capital backed six $100M+ valuations
“I mean, with Andrew's old term, six out of them are over a hundred million dollar valuation. Two of them are over half a billion of those six, and then one of those six is 1.2 billion dollar valuation, and that's Warby. And those half billion are both Harry's …”
Shah: Boulder, Colorado is a top emerging startup ecosystem
“Bigger thing also, I would say even, but just being about bullish on Sparrow, is that would be bullish on Boulder, Colorado. I mean, I was there a few weeks ago working with Techstars, working with Galvanize, working with Boomtown three accelerator programs ou…”
Shah: $1M is the average seed round for consumer product startups
“Really the million dollar seed is kind of an average these days on product, because you need the right amount of money to handle the entire production Sourcing and distribution processes.”
Shah: Brand Foundry Ventures' due diligence averages two to four weeks
“I mean, our due diligence takes an average of Two to four weeks, depending, depending on our past relationship with the co-founders or with the entrepreneurs running the show.”
Shah: Seven of Brand Foundry's 13 portfolio startups are female-led
“Seven out of 13 companies are female founder led. Three out of the seven are two women co-founder teams.”