venture capital
also referred to as: vc
4 statements across 2 episodes · 2 bullish · 1 bearish · 1 people on the record · first statement Aug 26, 2021 by Benedict Evans · across every show →
Everything said about venture capital, oldest first
Aug 26, 2021 positive
Evans: Live-service games fit VC horizons better than movie-style games
“Because I'm investing in this game, and this is a thing that we're going to own for the next seven to 10 years, which is venture capital's investing horizon. Whereas if it's, you know, if it's, if, whereas if games work more like movies, and I'm going to inves…”
Aug 23, 2022
Evans: Outsized venture returns only come from contentious deals that look dumb
“If the deal was obvious and straightforward, and everyone agreed on it, everyone would be doing it, and it wouldn't make 50 times your money. And so the deal, all the deals that produce good returns for venture firms are the ones that people argue about, and t…”
Aug 23, 2022 positive
Aug 23, 2022 bearish
Evans: New non-software brands will likely yield 3x returns, not 30x
“Those companies are probably not 20 or 30 X returns. You know, they're not going to put, you're not going to go from a five million dollar check to a billion dollar exit, but they are somewhere further along that risk reward curve, and they might be, there's a…”