Crossbeam Venture Partners

also referred to as: crossbeam

12 statements across 1 episodes · 3 bullish · 1 bearish · 1 people on the record · first statement Sep 19, 2024 by Bob Moore · said 41 times in 2 episodes since 2024 · across every show →

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brought up most by Brett Berson (24), Bob Moore (16), Tristan Handy (1)

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Everything said about Crossbeam Venture Partners, oldest first

Sep 19, 2024 neutral
Assertion Not checkable as stated
Moore: Crossbeam's most requested feature was integrating with its main rival, Reveal
“The number one requested feature throughout all of Crossbeam was for us to integrate with Reveal and to support the companies that were on the Reveal network.”
Bob Moore Sep 19, 2024 ▶ 1:09:57 How to find — and keep — product-market fit | Bob Moore (Crossbeam, RJMetrics, Stitch Data)
Sep 19, 2024
Disclosure
Moore: Early on, Crossbeam refused product demos unless two partner companies attended
“We didn't do product demos or sales calls. Unless two companies were on them at the same time.”
Bob Moore Sep 19, 2024 ▶ 1:00:50 How to find — and keep — product-market fit | Bob Moore (Crossbeam, RJMetrics, Stitch Data)
Sep 19, 2024 positive
Insight
Moore: Crossbeam's partner network requirements make the product intrinsically viral
“The business itself is intrinsically viral. We're like LinkedIn for data. Like you can't use Crossbeam unless all your partners are also on it, or at least your most important ones are. So you are Intrinsically motivated to invite your partners on and talk the…”
Bob Moore Sep 19, 2024 ▶ 18:47 How to find — and keep — product-market fit | Bob Moore (Crossbeam, RJMetrics, Stitch Data)
Sep 19, 2024
Insight
Moore: Founder dismissiveness toward customer shifts signals a lack of intellectual honesty
“When you feel like your rate at which you are being dismissive of people and things that you feel like don't know as well because they haven't been doing this as long as you goes up, it's time to do that intellectual honesty check and, like, See if maybe there…”
Bob Moore Sep 19, 2024 ▶ 42:01 How to find — and keep — product-market fit | Bob Moore (Crossbeam, RJMetrics, Stitch Data)
Sep 19, 2024
Insight
Moore: Network effect PMF is uniquely tested by customers risking social capital
“There's a really important difference between a network effects driven business like this one and a traditional SaaS business where each individual user or player is contained to their own silo, even if they're in like a multi-tenant system. And that big diffe…”
Bob Moore Sep 19, 2024 ▶ 50:52 How to find — and keep — product-market fit | Bob Moore (Crossbeam, RJMetrics, Stitch Data)
Sep 19, 2024
Assertion Not checkable as stated
Moore: 70% of Crossbeam sign-ups came via invites from existing users
“Seven out of every 10 of those companies that signed up for the platform signed up because they were invited in by somebody else who was already on that.”
Bob Moore Sep 19, 2024 ▶ 1:03:13 How to find — and keep — product-market fit | Bob Moore (Crossbeam, RJMetrics, Stitch Data)
Sep 19, 2024 positive
Disclosure
Moore: Crossbeam and Reveal merged in an all-equity deal with massive runway
“We both had like five plus years worth of runway in the bank. And we decided to do this deal as an equity deal with no cash exchange and just bring it all together under one hood.”
Bob Moore Sep 19, 2024 ▶ 1:13:31 How to find — and keep — product-market fit | Bob Moore (Crossbeam, RJMetrics, Stitch Data)
Sep 19, 2024
Disclosure
Moore: Crossbeam did not charge its users for two and a half years
“We basically didn't charge anybody anything for the first two and a half years of this business.”
Bob Moore Sep 19, 2024 ▶ 1:04:19 How to find — and keep — product-market fit | Bob Moore (Crossbeam, RJMetrics, Stitch Data)
Sep 19, 2024 negative
Insight
Moore: Traditional acquisition funnels fail for multiplayer products lacking single-player utility
“Content marketing, buying ads, whole outbound, anything that lands a fresh new person that's never seen it before on our website to just sign up directly through our funnel would fail miserably because they'd show up, they would have no connections, and they w…”
Bob Moore Sep 19, 2024 ▶ 1:00:03 How to find — and keep — product-market fit | Bob Moore (Crossbeam, RJMetrics, Stitch Data)
Sep 19, 2024
Insight
Moore: Building a startup by relying on customer consensus severely caps upside
“Maybe you index a little higher on the extreme outcomes version. Like if your north star is wrong, your north star is wrong and you're really gonna stick yourself. But if you don't do that, you cap your upside really severely because your whole company becomes…”
Bob Moore Sep 19, 2024 ▶ 45:08 How to find — and keep — product-market fit | Bob Moore (Crossbeam, RJMetrics, Stitch Data)
Sep 19, 2024 neutral
Assertion Supported
Moore: Crossbeam raised $100M and rival Reveal raised $50M during ZIRP
“Where we had raised, you know, a hundred million dollars from Andreessen Horowitz and others during the Zerp era, they raised fifty million dollars from Insight Partners and others during the Zerp era.”
Bob Moore Sep 19, 2024 ▶ 1:08:27 How to find — and keep — product-market fit | Bob Moore (Crossbeam, RJMetrics, Stitch Data)
Sep 19, 2024 positive
Assertion Not checkable as stated
Moore: Crossbeam Grew from 5 to 30 Companies via Early Partner Invites
“I manually got five on, and then that five led to 15. What was amazing was of those 15, 10 of them invited another three on, and then we got 30, right? And then like this incredible viral loop started before we had even started optimizing on the way to drive v…”
Bob Moore Sep 19, 2024 ▶ 50:01 How to find — and keep — product-market fit | Bob Moore (Crossbeam, RJMetrics, Stitch Data)
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