The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
shows 
every show 44 of 44
Sethi: FTX showed $1B revenue and $600M EBIT when Tribe evaluated it
“Where at the time that we had measured and quantified it, there were about a billion in revenue, about six hundred million in EBIT.”
Sethi: Startups like Terra and FTX could reach hundreds of billions
“These companies will probably at some point, if they continue to grow at the pace they're growing, could be worth hundreds of billions of dollars.”
Sethi: Tribe Capital holds the world's largest private company database
“And so we have the world's largest repository of private data of private companies. More than anyone else in the world because we've been doing it for 10 years.”
Sethi: Tribe Capital is on track for net 5X returns on all funds
“We have a goal of hitting a net five X return profile for all of our funds over a 10 year period. And we've always been on track for them. That's kind of our historical record.”
Sethi: 80% of Recent Venture Capital Will Go to Zero or Consolidate
“And I think people are, in my opinion, and what we're geared up for is that about 80% of the, that capital is gonna get into consolidated or zero.”
Sethi: Lolapps spent up to $60M monthly on digital advertising
“We would spend upwards of 50 to sixty million dollars a month in advertising across mobile and social platforms.”
Sethi: Tribe generates 50-to-100-page company reports in 20 minutes
“The moment I get it on average, if we prioritize it, let's call it a P zero at the firm, it's 20 minutes to get a 50 to a hundred page report.”
Sethi: No other VC gives founders 50-to-100-page reports when passing
“If I'm giving you a 50 to a hundred page report and I'm passing on you with a 50 to a hundred page report. No one does that.”
Sethi: Stealth energy company Invenia generates nearly $1B revenue with 60 employees
“Another one is we have a company called Invenia. Super stealth. Almost make about a billion a year in revenue. It's 60 people.”
Sethi: AI and AGI will drive India's fourth economic arc soon
“And I think arc four will probably happen in the next, I'm gonna call it three, five years, where you start seeing these new companies that are leveraging actual software that's been around for 20 years machine learning, AI, and then AGI on top of it, which sh…”
Sethi: There are Between 40,000 and 50,000 Venture-Backed Startups Today
“The number of venture backed companies in the ecosystem today is between 40 and 50,000.”
Sethi: Termina's eight-person team processes 4,500 to 5,000 companies annually
“So today I think we look at maybe across all of our organization, but I think we're on a run rate of about, you know, 4500, about 5000 companies per year. That's a lot. And the team that runs that for a company called Termina is eight people.”
Sethi: Five companies drive the majority of the Indian stock market
“If you look at the Indian companies, you actually have five companies driving the majority of the public market today.”
Sethi: Docker Grew From Under $5M to Nearly $200M in 18-24 Months
“We had a company called Docker. When we invested, they were just shy of five million. They're roughly just shy of two hundred million today. And, you know, it's basically between 18 and 24 months.”
Sethi: Carta Grew From $6M to Nearly $400M in Revenue
“We had a company called Carta, which is more of a network effect company around cap tables in the United States and in Europe. When we invested again, there were sweet spots between, you know, zero and ten million revenue, but there were around six. Today, the…”
Sethi: Series B and C Funding in India Is Frozen
“So if you take a look at sort of series B and series C funding in India, it's still relatively frozen.”
Sethi: Docker controls roughly 80% of global container images and desktop systems
“You take a look at a company like Docker. It's about 80% of the world's container container container images and container desktop environment systems.”
Sethi: Early-stage angel rounds typically see an 80% failure rate
“The same loss ratio that you see typically at the early, early stage angel rounds, which is 80% of the stuff you invest in fails.”
Sethi: Social Capital was sole firm with growth and data science team
“Social Capital was the only firm that I had met that had built out a growth and data science team at the time.”
Sethi: Top 5% venture funds can have a 60% loss ratio
“Typical firms across early and mid would have up to, let's say a really, really good firm. It's 30% loss ratio, but on average, even as it's publicly available data, you can have up to 60% loss ratio, but you can be a top five percent firm.”
Sethi: Athelas benchmarked in top 5% of companies evaluated by Tribe
“And so they always benchmarked at the top five percent of companies that we had ever seen, but I had no idea what they did.”
Sethi: Tribe's First Look program drove over $100M in portfolio revenue
“So I mentioned those two examples, but if I was to count the revenue uptake for our whole portfolio, just through the first look program, I'm just getting customers. It's probably over a hundred million in annual revenue or ARR depending on the company.”
Sethi: Tribe Capital has backed over 15 unicorns since founding
“So a tribe we've invested in, you know, I think it's like 15 plus unicorns since we started. And these are companies that are, you know, 50, a 102 50, a billion in revenue already.”
Sethi: Kraken Grew From Tens of Millions to Billions in Revenue
“In the US, we've had crypto companies that have gone from, you know, a couple, you know, tens of millions of revenue to a couple billion revenue like Kraken.”
Sethi: Early Facebook apps reached 100M monthly active uniques in one year
“In about a year, I think we went from zero to over a hundred million in a month of active uniques for these apps.”
Sethi: Team built growth teams and products for Snapchat, Uber, Airbnb
“We did growth in data science consulting for Snapchat, for Uber, for Airbnb, all these companies. And when I say that, I don't mean it to be facetious. Like we actually sent and built teams for them. We would do multiple offsites with them. We would actually b…”