The Ledger, every show

“We actually haven't had a problem losing a competitive deal at this stage.”

“And too much funding for companies where the core business doesn't make sense, and so it really breeds unnatural competition, irrational behavior on the part of companies in terms of spend, and so you really do have to, I think, be a lot more thoughtful around…”

“A lot of VCs talk to entrepreneurs about focus, and yet do everything from seed, series A, growth, consumer, infrastructure, clean tech, maybe some international”

“If you're spending a hundred percent of your time looking at certain types of consumer companies, you can't help but pattern match in a better way than if you're spending 20% of your time on SAS and 15% of your time being a second partner on someone's, you kno…”

“I think you're going to see more and more folks really go after this vision, because it really is a massive, truly ubiquitous vision. It just hasn't been implemented in the right way so far.”

“And the challenge is when you add an infrastructure of local delivery people, the unit economics can get very, very challenging. And so you end up either in a situation where you have to charge a significant premium to what the goods normally cost, in which ca…”

“Every VC can add a lot of value in terms of team building and recruiting, and most don't because it requires work.”

“My biggest miss far and away was Uber. Far and away. I mean, I met Ryan when the company was 10 people, and I just, I didn't get how people could afford to be paying 50 dollars for rides that were, you know, eight, 10 blocks, and at that point, there was no no…”

“Having worked with a lot of seed investors, I think he is far and away the best that I've worked alongside.”

“Our most recent public investment is a company called Recharge. Fantastic entrepreneurs that allow you to rent luxury hotels by the minute or by the hour.”