Perry Chen

25 statements across 4 episodes · 9 bullish · 3 bearish · 1 people on the record · first statement Jul 31, 2017 by Perry Chen · said 4 times in 3 episodes since 2021 · across every show →

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

Mentions by year

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2021 4 mentions in 3 episodes 1 per episode

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Everything said about Perry Chen, oldest first

Jul 31, 2017
Disclosure
Kickstarter's founders told early investors they would never sell or IPO
“Going into it, we knew that we weren't building this to sell this, and we weren't trying to create a public company. And when we went out for investment, this was, you know, one of the first things we discussed with people.”
Perry Chen Jul 31, 2017 ▶ 24:53 Kickstarter: Perry Chen
Jul 31, 2017 neutral
Assertion Supported
Kickstarter added 'not a store' warnings and prototype rules to manage risk
“So we said, hey, you need to show where your prototype is at. You need to add the risks and challenges of this project as you see them. In the checkout process, we had Kickstarter is not a store, and we linked to some of our policies to let people know what di…”
Perry Chen Jul 31, 2017 ▶ 27:58 Kickstarter: Perry Chen
Jul 31, 2017 positive
Assertion Supported
Andy Baio joined Kickstarter as CTO because the founders couldn't review code
“One of the people we met was Andy Baio, who really helped us kind of Figure out what kind of technology we should be using, and helped us interview the developers that we would hire, and he eventually became our first CTO. That was tremendously helpful because…”
Perry Chen Jul 31, 2017 ▶ 20:42 Kickstarter: Perry Chen
Jul 31, 2017 negative
Opinion
Perry Chen: Day trading provides no meaningful service despite liquidity claims
“At best, what I'm doing is neutral. I mean, I'm not selling somebody on anything, so the traders like to think that they're providing liquidity, like some great service, but you know, it's, you're doing nothing. You're shuffling some numbers from one computer …”
Perry Chen Jul 31, 2017 ▶ 5:25 Kickstarter: Perry Chen
Jul 31, 2017
Assertion Supported
Neither Perry Chen nor Yancey Strickler could code when starting Kickstarter
“I cannot code and I couldn't code, but I think I had a sense of what it should feel like. I know what I like, I know what I think feels good when I'm on a site, but from the deep technical stuff, No, that was not my background at all. Yancey probably had been …”
Perry Chen Jul 31, 2017 ▶ 10:35 Kickstarter: Perry Chen
Jul 31, 2017
Assertion Not checkable as stated
Kickstarter raised approximately $120,000 across 18 months leading up to 2008
“It took us a year and a half, so from that point, probably from there to early 2008, we raised maybe a 120,000 dollars in a year and a half.”
Perry Chen Jul 31, 2017 ▶ 13:22 Kickstarter: Perry Chen
Jul 31, 2017 neutral
Disclosure
Kickstarter's core model originated from a canceled New Orleans concert
“I thought, what if the people that, Would want to come to the show could have a say in that. And if enough people could do that before a certain point, then the show could happen. And if not, then it doesn't. So that, that was it. That was the beginning.”
Perry Chen Jul 31, 2017 ▶ 6:50 Kickstarter: Perry Chen
Jul 31, 2017 negative
Disclosure
Kickstarter refuses to offer special promotional partnerships or perks to large companies
“I think a lot of times big companies, they want to do a partnership, they want to sign a contract. That's, you know, we're like, listen, if you want to go do it, go log on the site. But if you want, like, some special stuff from us or whatever, I mean, that's …”
Perry Chen Jul 31, 2017 ▶ 29:04 Kickstarter: Perry Chen
Jul 31, 2017 positive
Assertion Supported
Comedian David Cross was Kickstarter's first investor after a 2006 meeting
“I had a friend of mine, and her cousin is David Cross, the comedian from Arrested Development, and many other, Mr. Show, and great stuff. And so she connected us, and we went and had a drink at a bar, and I talked to him about the idea, and a few months later,…”
Perry Chen Jul 31, 2017 ▶ 12:51 Kickstarter: Perry Chen
Jul 31, 2017 positive
Opinion
Perry Chen preferred making music in New Orleans over 70-hour corporate weeks
“This is why people work for 35 years and retire, so they can move to New Orleans and work on music. So, am I jealous of my friend who works 70 hours a week? No.”
Perry Chen Jul 31, 2017 ▶ 7:58 Kickstarter: Perry Chen
Dec 31, 2018 positive
Assertion Not checkable as stated
Kickstarter reached profitability within 18 months of launch
“I think, you know, the first six months, not at all, no revenue. I think within a year after that, so probably within the first 18 months, we got in the black.”
Perry Chen Dec 31, 2018 ▶ 26:40 Kickstarter: Perry Chen (2018)
Dec 31, 2018
Assertion Not checkable as stated
Kickstarter founders wrote a 100-page spec before writing any code
“I think at the end we produced a document over a hundred pages about how the site would function, with zero code written, mind you.”
Perry Chen Dec 31, 2018 ▶ 12:25 Kickstarter: Perry Chen (2018)
Dec 31, 2018
Assertion Supported
Comedian David Cross was Kickstarter's first angel investor
“I had a friend of mine, and her cousin is David Cross, the comedian from Arrested Development, and many other, Mr. Show, and great stuff. And so she connected us, and we went and had a drink at a bar, and I talked to him about the idea, and, ah, a few months l…”
Perry Chen Dec 31, 2018 ▶ 13:13 Kickstarter: Perry Chen (2018)
Dec 31, 2018 positive
Assertion Supported
Andy Baio screened early Kickstarter developers because founders couldn't review code
“One of the people we met was Andy Baio, who really helped us kind of figure out what kind of technology we should be using, and helped us interview the developers that we Would hire, and he eventually became our first CTO. That was tremendously helpful because…”
Perry Chen Dec 31, 2018 ▶ 21:04 Kickstarter: Perry Chen (2018)
Dec 31, 2018
Disclosure
Kickstarter explicitly told early investors it would not IPO or sell
“I think going into it, we knew that we weren't building this to sell this, and we weren't trying to create a public company. And when we went out for investment, this was, you know, one of the first things we discussed with people.”
Perry Chen Dec 31, 2018 ▶ 25:15 Kickstarter: Perry Chen (2018)
Dec 31, 2018 neutral
Assertion Supported
Neither Kickstarter co-founder knew how to code
“Well, I certainly didn't from any technical sense. I cannot code, and I couldn't code. But, I think I Had a sense of what it should feel like. I know what I like, I know what I think feels good when I'm on a site, but from the deep technical stuff, no, that wa…”
Perry Chen Dec 31, 2018 ▶ 10:54 Kickstarter: Perry Chen (2018)
Dec 31, 2018
Assertion Not publicly verifiable
Kickstarter raised just $120,000 in seed funding over 18 months
“It took us a year and a half, so from that point, probably from there to early 2008, we raised maybe a 120,000 dollars in a year and a half.”
Perry Chen Dec 31, 2018 ▶ 13:45 Kickstarter: Perry Chen (2018)
Dec 31, 2018
Disclosure
Kickstarter originated as an all-or-nothing funding model for concerts
“I thought, what if the people that, Would want to come to the show could have a say in that, and if enough people could do that before a certain point, then the show could happen, and if not, then it doesn't.”
Perry Chen Dec 31, 2018 ▶ 7:13 Kickstarter: Perry Chen (2018)
Dec 31, 2018 positive
Assertion Supported
Kickstarter has surpassed $3 billion in total project pledges
“Recently, we passed the three billion dollar pledge mark.”
Perry Chen Dec 31, 2018 ▶ 29:57 Kickstarter: Perry Chen (2018)
Jul 22, 2021 positive
Insight
Perry Chen: Founders are far more likely to succeed solving their own problems
“You're so much more likely to be successful if you're solving a problem that you have, so you know when you're really solving it. You don't have to focus group it.”
Perry Chen Jul 22, 2021 ▶ 3:23 Live From HIBT Summit: Payal Kadakia, Tristan Walker, and Perry Chen on Innovation
Jul 22, 2021 positive
Insight
Chen: Early-stage founders must be deluded and ignore the odds
“I think it's just that you do have to be deluded when you're in those stages. You have to not think about the odds. You know, you have to have just incredible belief that it is worth it.”
Perry Chen Jul 22, 2021 ▶ 13:23 Live From HIBT Summit: Payal Kadakia, Tristan Walker, and Perry Chen on Innovation
Jul 22, 2021 bullish
Prediction Not checkable as stated
Chen predicts corporate governance will become the primary differentiator for companies
“I mean, at the organizational governance level, the corporate governance level, I think that's a big thing that people are going to start paying more and more attention to. We've been running so much on this kind of totally profit-centric system in the U.S., a…”
Perry Chen Jul 22, 2021 ▶ 38:52 Live From HIBT Summit: Payal Kadakia, Tristan Walker, and Perry Chen on Innovation
Jun 12, 2025
What-if
Perry Chen: Future common sense might have stopped me founding Kickstarter
“The delusion that I had, and I think the delusion that we all have as entrepreneurs, if I cut through that delusion with some common sense from the future, to be honest, who knows if I would have gone through with it.”
Perry Chen Jun 12, 2025 ▶ 43:10 Advice Line with Perry Chen of Kickstarter
Jun 12, 2025 neutral
Disclosure
Perry Chen stepped completely down from Kickstarter's board in late 2024
“I went from CEO, stayed on as chairman for many years, then was just a board member, brought on a new chairman, and then, really, as of about six months ago, I am now liberated.”
Perry Chen Jun 12, 2025 ▶ 2:08 Advice Line with Perry Chen of Kickstarter
Jun 12, 2025 negative
Insight
Perry Chen: Many founders work years in misery just to avoid failing
“I think so many entrepreneurs just drive themselves to not fail their employees, not fail their investors, not fail, you know, success, and will add years and years and years onto businesses that they're running, 70, eighties hours a week that they really wish…”
Perry Chen Jun 12, 2025 ▶ 43:54 Advice Line with Perry Chen of Kickstarter
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