Sand Hill Road

also referred to as: sandhill road

7 statements across 7 episodes · 0 bullish · 3 bearish · 7 people on the record · first statement Jun 24, 2019 by Jeremy Stoppelman · said 41 times in 26 episodes since 2018 · across every show →

Mentions by year

brought up most by Guy Raz (11), Max Levchin (4), Lily Kanter (3), Tobias Lütke (2), Sandra Oh Lin (2), Leah Solivan (2), Julia Hartz (2), Tristan Walker (1)

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0084158201820192020202120222023202420252026episodesmentions
048201820192020202120222023202420252026episodes it came up in
001.342.58201820192020202120222023202420252026episodesmentions per episode
2026 5 mentions in 2 episodes 3 per episode
2025 2 mentions in 2 episodes 1 per episode
2024 3 mentions in 3 episodes 1 per episode
2023 2 mentions in 1 episode
2022 12 mentions in 7 episodes 2 per episode
2021 4 mentions in 3 episodes 1 per episode
2020 6 mentions in 3 episodes 2 per episode
2019 6 mentions in 4 episodes 2 per episode
2018 1 mention in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Sand Hill Road, oldest first

Jun 24, 2019
Assertion Not checkable as stated
VCs in 2004 demanded Yelp replace its young founders with seasoned executives
“So in our case, we're young, we're technical, and so we look kind of like what happened in the late nineties, and so everyone still had PTSD from the dot-com bust, And so one of the common refrains to me was, you know, and this is straight to my face, was like…”
Jeremy Stoppelman Jun 24, 2019 ▶ 27:25 Yelp: Jeremy Stoppelman
Feb 17, 2020
Assertion Not checkable as stated
Eventbrite pitched 27 venture capital firms in 2008 and received zero checks
“Well, we went and saw 27 firms, and we received 27 no's or not right now. Huh. So we received zero checks. No checks.”
Julia Hartz Feb 17, 2020 ▶ 34:49 Eventbrite: Julia Hartz
Mar 7, 2022 neutral
Assertion Supported
Citron: No Sand Hill Road VCs invested in OpenFeint
“We raised money from a couple of strategic investors, but actually no Sandhill VCs invested in that company.”
Jason Citron Mar 7, 2022 ▶ 23:47 Discord: Jason Citron
Jun 13, 2022 negative
Assertion Not checkable as stated
Every Sand Hill Road VC rejected Confinity's early pitches
“We ran out of venture capital, kind of the Sandhill Road, classic blue chip venture capitalist community very quickly. I think we were roundly rejected by 100% of those pitches. We drove up and down Sandhill Road and Got absolutely nothing.”
Max Levchin Jun 13, 2022 ▶ 38:37 PayPal: Max Levchin (Part 1 of 2)
May 6, 2024 negative
Opinion
Williams: Late 1990s Silicon Valley fundraising was strictly a connections game
“And it was frustrating because everything you read is like, oh, it's so easy to raise money just rolling down the Sand Hill Road, and I didn't know anyone. Like, especially at the time, it's very, very much a connection game”
Ev Williams May 6, 2024 ▶ 20:11 Twitter, Medium and Blogger: Ev Williams
May 26, 2025
Disclosure
Acton Smith: Calm pitched Sand Hill Road VCs and struck out
“Yeah, we went up and down Sand Hill Road and struck out.”
Michael Acton Smith May 26, 2025 ▶ 56:09 Calm: Alex Tew and Michael Acton Smith
Aug 3, 2026 negative
Assertion Not checkable as stated
A 2X participating preferred term blocked Serena & Lily from raising capital
“One of our other major investor on Sandhill Road came up with the capital. They actually put the money into the company on top of our cap stack, on top of the capital chart, At a very heavy duty preference of a two X preferred participating, very gnarly securi…”
Lily Kanter Aug 3, 2026 ▶ 56:31 Serena & Lily: Serena Dugan and Lily Kanter. They Built a $20M Brand—Then One Investor Almost Destroyed It
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