Joe Lonsdale

8 statements across 1 episodes · 2 bullish · 4 bearish · 1 people on the record · first statement Sep 30, 2019 by Joe Lonsdale · said 2 times in 1 episodes since 2017 · across every show →

On the record as a speaker too: Joe Lonsdale's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Ashby Monk (2)

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2017 2 mentions in 1 episode

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Everything said about Joe Lonsdale, oldest first

Sep 30, 2019 bearish
Opinion
Lonsdale warned investors to be highly cautious of late-stage venture in 2019
“Again, it's getting to a point where I'd be very, very careful if I'm doing too much late stage venture right now.”
Joe Lonsdale Sep 30, 2019 ▶ 25:58 Joe Lonsdale – Entrepreneurship and 8VC (First Meeting, EP.09)
Sep 30, 2019
Assertion Not checkable as stated
Lonsdale hired the majority of Palantir's first 100 employees
“I ended up hiring most of the first hundred people, and I helped run the product and built it out.”
Joe Lonsdale Sep 30, 2019 ▶ 10:59 Joe Lonsdale – Entrepreneurship and 8VC (First Meeting, EP.09)
Sep 30, 2019 positive
Assertion Supported
Lonsdale's first venture fund achieved an IRR of over 40 percent
“Our first firm's over 40% IRR, you know, it's 50,”
Joe Lonsdale Sep 30, 2019 ▶ 21:56 Joe Lonsdale – Entrepreneurship and 8VC (First Meeting, EP.09)
Sep 30, 2019 negative
Assertion Not checkable as stated
A massive growth fund outbid 8VC by 60% on a Series B
“I was just outbid last month for something I love by like 60% from a firm. I won't mention the name, but it's a firm that writes regularly the 102 hundred million dollar checks. They decided to come down and write a thirty million dollar check.”
Joe Lonsdale Sep 30, 2019 ▶ 21:20 Joe Lonsdale – Entrepreneurship and 8VC (First Meeting, EP.09)
Sep 30, 2019 positive
Assertion Not checkable as stated
Formation 8 launched with a $50M anchor check from the LG family
“One of my unfair advantages in starting Formation Eight was that my early partner, his family built LG in Korea. His father gave us fifty million dollars as an anchor. I was able to raise with my network most of the remaining four hundred forty million dollars…”
Joe Lonsdale Sep 30, 2019 ▶ 14:43 Joe Lonsdale – Entrepreneurship and 8VC (First Meeting, EP.09)
Sep 30, 2019 negative
Opinion
Lonsdale calls the Silicon Valley culture of celebrating failure 'really disgusting'
“I think the celebration of failure to me is really disgusting. It's okay to fail. If you try really, really hard, you give it your all. It's not okay to feel because you got distracted and you decided not to do it anymore.”
Joe Lonsdale Sep 30, 2019 ▶ 30:42 Joe Lonsdale – Entrepreneurship and 8VC (First Meeting, EP.09)
Sep 30, 2019 neutral
Assertion Not checkable as stated
Max Levchin rejected Lonsdale from PayPal before Peter Thiel hired him
“So I actually got turned down the very first time I applied there as a programmer when I was quite young, Max Loachin. Who's now a friend. I mean, do stuff on the whiteboard and we debated things and I never got an offer from that, but then Peter brought me ba…”
Joe Lonsdale Sep 30, 2019 ▶ 7:12 Joe Lonsdale – Entrepreneurship and 8VC (First Meeting, EP.09)
Sep 30, 2019 negative
Insight
Founders hoarding 90 percent equity are not building investable venture-backed companies
“You can't just take a company and take 90% for yourself. And that actually means it's not really a venture company. It means it's something else that we wouldn't want to invest in.”
Joe Lonsdale Sep 30, 2019 ▶ 24:46 Joe Lonsdale – Entrepreneurship and 8VC (First Meeting, EP.09)
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