Jeff Bonforte

11 statements across 1 episodes · 4 bullish · 0 bearish · 2 people on the record · first statement Oct 13, 2025 by Jeff Bonforte · across every show →

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

Everything said about Jeff Bonforte, oldest first

Oct 13, 2025
Insight
Bonforte: Founders must commit 20 years to overcome venture capital's luck variance
“If you want to be an entrepreneur, be successful, do it, commit yourself to 20 years. You know, be an entrepreneur for 20 years. Do four or five startups, because the amount of luck that has to overlap from externalities and internal things that have to cross …”
Jeff Bonforte Oct 13, 2025 ▶ 1:02:34 How two straight guys bought Grindr and made $2B
Oct 13, 2025 bullish
Prediction Not checkable as stated
Bonforte: Consumer AI agents will replace direct website browsing for internet commerce
“I assume that the world will instead end up with a smaller number of agents that act on behalf of consumers going out and doing work. That changes fundamentally the internet. It just means that if you have a website today that sells tickets or bicycles or what…”
Jeff Bonforte Oct 13, 2025 ▶ 46:55 How two straight guys bought Grindr and made $2B
Oct 13, 2025
Insight
Bonforte: Only naive beginners and 20-year veterans succeed in venture capital
“We say freshmen and seniors make all the money in, in the venture business, like in the entrepreneur business. So you either don't know the rules. So you go into your business and you break a bunch of rules without knowing, or you know all the rules and you bu…”
Jeff Bonforte Oct 13, 2025 ▶ 51:15 How two straight guys bought Grindr and made $2B
Oct 13, 2025 positive
Assertion Partly supported
Marini: Grindr revenue doubled from $100M to $200M before its $2B IPO
“And in two and a half years, we took Grindr from a hundred million of revenue to two hundred million of revenue when we took it public.”
Rick Marini Oct 13, 2025 ▶ 40:36 How two straight guys bought Grindr and made $2B
Oct 13, 2025
Assertion Supported
Marini: Investors bought Grindr for $600M at 12x to 13x EBITDA
“So we bought it for about six hundred million. It was doing less than fifty million, about forty five million of EBITDA when we bought the company, so, you know, call that kind of 12, 13 X EBITDA, and the market was probably trading at more like 20, the public…”
Rick Marini Oct 13, 2025 ▶ 8:23 How two straight guys bought Grindr and made $2B
Oct 13, 2025
Assertion Supported
Bonforte: Grindr was a rare retroactive CFIUS divestiture of a foreign buyer
“And this was one of the only cases ever where CFIUS had actually retroactively unwound a deal. CFIUS had denied deals with foreign buyers, but they had never, what they're trying to do with TikTok today over the years is TikTok would be the second one after Gr…”
Jeff Bonforte Oct 13, 2025 ▶ 9:33 How two straight guys bought Grindr and made $2B
Oct 13, 2025 neutral
Assertion Partly supported
Bonforte: Yahoo attempted to acquire Twitter for $19M during its early struggles
“And Jack Dorsey, I knew him when it was Odeo and spent time with him, and Twitter was failing, and we were, I was trying to buy it for nineteen million dollars at Yahoo, like, so we've met all these people.”
Jeff Bonforte Oct 13, 2025 ▶ 54:50 How two straight guys bought Grindr and made $2B
Oct 13, 2025 neutral
Disclosure
Marini: Partners execute buyouts via SPVs instead of raising traditional PE funds
“For us, you know, we're not looking to go raise a big private equity fund. We really just do SPVs.”
Rick Marini Oct 13, 2025 ▶ 26:36 How two straight guys bought Grindr and made $2B
Oct 13, 2025 positive
Assertion Not checkable as stated
Bonforte: 70% of Grindr hires under new management were minority or LGBTQ+
“By the time Rick and I left, 70% of the hires from the, in the company were minority hires, basically. We were hiring people from the LGBTQ community, or we were hiring people that were in, in the DEI, which is not something people like to talk about anymore, …”
Jeff Bonforte Oct 13, 2025 ▶ 20:39 How two straight guys bought Grindr and made $2B
Oct 13, 2025
Insight
Bonforte: Negative emotions like anger drive customer behavior changes better than delight
“Instead people tended, entrepreneurs tend to focus on making customers Like, delighting customers, making customers happy, and I said, we really should focus more on pain and frustration and anger. It's the negative emotions that drive behavior changes, not th…”
Jeff Bonforte Oct 13, 2025 ▶ 1:10:47 How two straight guys bought Grindr and made $2B
Oct 13, 2025 bullish
Assertion Not checkable as stated
Bonforte: Bending Spoons cuts acquired app operational costs by 70% to 80%
“Vending Spoons out of Italy has an amazing business of buying individual apps, but then using a common set of back-end pieces and engineers, Right. They can reduce the cost by 70%, 80% on a business, and grow it because they're really good at the game of how t…”
Jeff Bonforte Oct 13, 2025 ▶ 37:39 How two straight guys bought Grindr and made $2B
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