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
Coelius: VCs who cut my pro-rata will never see my deals again
“I've seen a number of funds who basically have come in and wiped out my pro rata or my follow-on, and those funds will never see another deal from me if I can help it.”
Zach Coelius: Hedge fund reneged on a $50M term sheet before closing
“We went out to all the VC firms, hedge funds, the usual late stage check writers, and a hedge fund came in. They're gonna put in fifty million dollars at a four hundred million dollar post... It's supposed to close on a Friday. On Thursday, the hedge fund's li…”
Zach Coelius: Venture fundraising difficulty is returning to 2008 levels
“And 12 months ago, you could have gotten a term sheet a week after you got, you walked in that door. Now it's going to be a much longer, much harder, much more arduous fundraising process, more similar to what we saw two or three years ago. Certainly what we s…”
Coelius: Mega VC firms are taking platform bundling to a higher level
“If you look at what Andreessen is doing and you look at what the number of the other big platforms are doing, they're taking venture to a whole even higher level of bundling where they're saying, look, we're going to basically use the sort of returns that come…”
Coelius: Tier-1 VCs entering seed will fail if they avoid the work
“If they do the work, they're going to be great. And if they don't do the work, they're going to fail.”
Coelius: Individual allocators outperform committees across almost every asset class
“In almost every single other asset class, individual decision makers have proven to be the most effective way of basically deploying capital.”
Coelius projects a one-third failure rate for his venture portfolio
“My assumption is, is that we'll probably have about a third of our portfolio will be losers.”
Coelius: Triggit grew from $1M to $30M in revenue in 12 months
“For my company, Trigger, it was like, we basically went from being a very broad sort of demand-side platform, and all those things we could do, to like, hey, we give you retargeting on Facebook. And the moment we did that, suddenly, Walmart, Best Buy, HomeDevo…”