founders

also referred to as: founder · the founders

17 statements across 17 episodes · 3 bullish · 1 bearish · 8 people on the record · first statement Sep 30, 2020 by David Sacks · said 2 times in 2 episodes since 2024 · across every show →

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brought up most by Jason Calacanis (2)

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Everything said about founders, oldest first

Sep 30, 2020 bullish
Prediction Not checkable as stated
Sacks: SPACs appeal to founders as combined direct listings and private rounds
“And so a SPAC is like a combination direct listing plus private round. And I think that's going to be appealing to a lot of founders. As they start to discover this more and more.”
David Sacks Sep 30, 2020 ▶ 8:27 SPAC talk with Chamath Palihapitiya, David Friedberg, David Sacks & Jason Calacanis | from Episode 7
Feb 3, 2021
Insight
Sacks: Founders violating their mission must publish government orders or explanation
“If you're going to basically violate your stated mission, you either need to post the government order that required you to do that. Or you need to post a very well reasoned blog explaining why you're doing that.”
David Sacks Feb 3, 2021 ▶ 7:01 E20: Robinhood wrap up, Insiders vs. Outsiders, California's failing report card & how to fix it
Apr 30, 2022 neutral
Insight
Calacanis: Founders should close available term sheets immediately rather than optimizing
“This is not the moment I would try to over optimize. If you have a term sheet or money on the table, I would close it.”
Jason Calacanis Apr 30, 2022 ▶ 25:49 E78: VC fund metrics that matter, private market update, recession, student loans, Bill Hwang arrest
May 27, 2022
Insight
Gerstner: Startup founders should default to a 90-degree course correction
“The default action by every founder today should be a 90 degree course correction unless they have very good idiosyncratic reason in that business in terms of their outperformance to stay the course.”
Brad Gerstner May 27, 2022 ▶ 1:01:44 E83: Market slide continues, and how to address Uvalde
May 29, 2022
Insight
Hefets: Founders should never rely on investors to build their company
“First of all, I don't think you rely on investors ever. No, I don't mean that offensively. I think that some investors are great, but no one's building this company with you. I am building this company. With my employees, but ain't nobody else there with me.”
Adena Hefets May 29, 2022 ▶ 28:14 #AIS: Divvy Homes CEO Adena Hefets breaks down the state of the US housing market
Jun 7, 2022 positive
Insight
Friedberg: Founders should raise money from friends to change operational discipline
“By the way, I'll recommend if any, as a founder, if you raise money from your friends too. And it'll really change how you operate.”
David Friedberg Jun 7, 2022 ▶ 31:30 #AIS: Bestie AMA with Valor's Antonio Gracias
Jul 14, 2022
Assertion Not publicly verifiable
Sacks: Coatue poll found two-thirds of founders planned to accelerate during downturn
“What KOTU did is they polled all the founders in the audience. The poll results showed that on the one hand, everyone in the audience understood that we were headed for a big downturn and economic conditions and fundraising are going to be much tougher. On the…”
David Sacks Jul 14, 2022 ▶ 45:04 E87: Emerging markets, Sri Lanka, 9.1% CPI, market sentiment, NASA's Webb telescope & more
Aug 13, 2022 neutral
Insight
David Sacks: Founders have the thesis, not venture capitalists
“If you're a VC and you think you're the one with the thesis and you're the one who's going to make the difference, it's actually a seductive fallacy to fall into. It's the founder who has the thesis.”
David Sacks Aug 13, 2022 ▶ 18:28 E91: SoftBank's $21B+ Vision Fund loss, signals of a bubble, macro picture, Trump raided by FBI
Nov 5, 2022
Insight
Sacks: Startups could probably operate with half their current headcount
“And I think if you were to go back and look at your 2020 plan, again, created at the end of 2019, you'd probably see that you could get by with half the headcount you have now, because probably you doubled your headcount during the last two years during these …”
David Sacks Nov 5, 2022 ▶ 52:11 E103: Tech layoffs surge, big tech freezes hiring, optimizing for profits, election preview & more
Sep 13, 2023
Insight
Lütke: Only company founders exercise subtractive management
“It seems to me that it's only founders who subtract in companies.”
Tobi Lütke Sep 13, 2023 ▶ 29:54 All-In Summit: Tobi Lutke on consumer spending, teams, Amazon, AI, and more
Jan 6, 2024
Disclosure
Sacks: Dream Crew partnered to adapt 'The Founders' into TV series
“I optioned this book along with Jack Selby, who's another PayPal mafia alum who has a film company. And so we've optioned this and we have just made a deal with Drake's company called Dream Crew to turn this into some sort of television series.”
David Sacks Jan 6, 2024 ▶ 1:15:20 E160: 2024 Predictions! Markets, tech, politics, and more
May 17, 2024
Insight
Sacks: Startup founders must never hedge and should go all-in on one idea
“I always tell founders, just go all in on your best idea. They're always asking me for permission to pivot, and I always tell them, do, go for the best idea. Don't hedge. Don't try to do five things at once. Just go all in on your best idea.”
David Sacks May 17, 2024 ▶ 1:36:13 GPT-4o launches, Glue demo, Ohalo breakthrough, Druck's Argentina bet, did Google kill Perplexity?
Jul 23, 2024 neutral
Insight
Sacks: Startup execution is too difficult for founders to hedge their bets
“Do not hedge your bets. I think that's just really important for founders. And it goes back to what you're saying. It's just so Hard to execute any idea that you can't be hedged as a founder.”
David Sacks Jul 23, 2024 ▶ 22:05 The Besties Take Napa | All-In Special
Dec 13, 2024 negative
Disclosure
Keith Raboy: Avoids investing in startup founders with prior domain expertise
“I always mentioned that I don't like people with expertise typically as founders.”
Keith Rabois Dec 13, 2024 ▶ 24:09 Trump's Cabinet, Google's Quantum Chip, Apple's Flop, TikTok, State of VC
Mar 8, 2025
Assertion Partly supported
Calacanis: CoreWeave founders still hold majority ownership of company
“They still own the majority.”
Jason Calacanis Mar 8, 2025 ▶ 1:01:33 Tariffs, Trump's Economic Endgame, Market Chaos, Bitcoin Reserve, CoreWeave IPO
Aug 9, 2025
Insight
Shapiro: U.S. Founders failed to foresee branches abdicating responsibility
“The founders gamed for ambition, checking ambition. They never really gamed for people trying to kick responsibility from one branch to the other.”
Ben Shapiro Aug 9, 2025 ▶ 48:45 OpenAI's GPT-5 Flop, AI's Unlimited Market, China's Big Advantage, Rise in Socialism, Housing Crisis
Apr 24, 2026 positive
Insight
Friedberg: Founder-led companies are most likely to navigate AI transformation
“It may be that the index you buy in this era of AI transformation is the index of founders, that the founders who are still running their businesses are going to be the ones who are most likely to see the future.”
David Friedberg Apr 24, 2026 ▶ 35:01 SpaceX-Cursor Deal, SaaS Debt Bomb, New Apple CEO, SPLC Indictment, Colon Cancer Spike
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