seed stage
4 statements across 2 episodes · 1 bullish · 1 bearish · 2 people on the record · first statement Jan 10, 2022 by Chris Douvos · across every show →
Everything said about seed stage, oldest first
Jan 10, 2022 bullish
Jan 10, 2022 neutral
Multi-stage venture firms investing at seed are essentially buying option portfolios
“In venture, what we're doing is we're already buying long dated way out of the money options. And by investing in the seed stage, a lot of these guys, whether they admit it or not, are basically buying option portfolios”
Jan 10, 2022 neutral
Partner time and engagement are the true scarce resources in seed investing
“One thing that we heard constantly from entrepreneurs in those days is it turns out that the Capital's not the scarce resource. It's the time and the engagement. And so surmounting that engagement hurdle, I think, is one thing that's really challenging, and I …”
Mar 14, 2022 negative
Sethi: Venture valuations are inflated at seed and late stages
“It's really, really early at the seed stage. You have a, maybe a product, a team or an idea, maybe you have a demo, but you're mainly going off of a narrative that people get excited about. And so people bid that. And that's the market price that you pay. So i…”