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
Byers: $70M pre-product seed rounds will be a huge waste of capital
“There's seed rounds at 70 with nothing and like four 19 year olds. Like this is insane. And because Ventures Power Law, that individual deal can make sense if it's the right one. But as an industry, it's going to be a huge waste of capital.”
Chad Byers: Susa Ventures Will Permanently Cap Fund Size at $150M
“The end state for us is 125, one hundred and fifty million dollar fund capped at that size, never getting bigger. Focus exclusively at early stage.”
Chad Byers Predicts Facebook or Amazon Will Hit $1 Trillion First
“So I think it's Facebook. You know, my second answer, although this is kind of cheating, would probably be Amazon. So Facebook or Amazon, I don't think it's Apple. I don't think it's Google. I think it's going to be one of those two.”
Byers: Vivek Ramaswamy co-founded Chapter; Vance and Thiel on board
“Up until two years ago, Kobe had a very interesting board and a very interesting co-founder. So his co-founder was Vivek. And his board was JD and Peter Thiel.”
Byers: Apple will face innovator's dilemma against personal AI copilot startups
“We think the apples and others are going to have a little bit of innovators dilemma on this stuff.”
Byers: 2021 venture capital vintage will be historically poor
“Like that vintage is going to be historically shitty.”
Byers: AI will spark a Cambrian explosion of non-venture-scale SMBs
“There's going to be this Cameron explosion of. Like micro S and B and midsize company creation that AI enables that maybe shouldn't be venture backed”
Susa Ventures Limits Portfolio Companies to 6-8 Per Partner
“And so we'll always maintain in a really low partner to company ratio, ideally long-term kind of six to eight companies per partner, which is very unique at seed because we want to be so operationally involved.”
Chad Byers: LP Sentiment on Opportunity Funds Is Mixed
“The feeling in the LP community is pretty mixed on them. And so we haven't, you know, gone there yet, but it's something we've thought about and we've seen quite a bit of.”
Chad Byers: Susa Ventures Aims to Lead Every Deal Within 10 Years
“You know, essentially becoming moving from a follow on fund and hopefully, you know, 10 years from now being the investor of record in every deal, right?”
Chad Byers: Susa Ventures Aims to Grow to Six General Partners
“Our long-term vision for this fund is to have six GPs On a seed fund which would be pretty unique.”
Susa Ventures' Anchor LP Reference-Checked 30 of 40 Portfolio Founders
“The proof for us in that was our anchor LP and fund two called probably 30 of our 40 portfolio company founders and just said, is Sousa helpful?”
Susa Ventures Fund II Allocates $2 in Reserves Per $1 Upfront
“And so in fund two, we've shifted to a dollar up front to two dollars follow on. And who knows in the future that might change again, but that's the model in which we're going to operate this time.”
Chad Byers Flipped Beanie Babies on eBay at Age 11
“I remember being one of the first sellers on eBay during the beanie baby craze in the late nineties. So I was 11 years old. I'd set up this like little business flipping beanie babies on eBay.”
Chad Byers Co-Wrote Silver Spring Networks' S-1 at Age 23
“I got to be there doing a tremendous amount of growth from about a 150 people to 600 people, and eventually see the IPO which was kind of just a fantastic first company experience, dream come true. Got to write part of the S-One, which for a twenty-three-year-…”