“Instead of saying, oh, this ad based business, you're walking down the street and ads are flying at you. He's like, I don't want to live like that. We're not going to invest in that, even though that may come to pass and people may invest in that. That's not what we want to invest in.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
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More from Shripriya Mahesh
PredictionNot checkable as stated
Mahesh: Building empathy into AI will drive major change over 20 years
“As we have more AI, more robotic interactions, I do think empathy, and we've seen a few companies in the space that are really on the cutting edge who will, Who are thinking about how to build empathy into technology? And I think it'll be a big change in the n…”
Shripriya MaheshNov 22, 2020▶ 30:35Inside the mind of Shripriya Mahesh, Founding Partner, Spero Ventures
Disclosure
Mahesh: Spero Only Invests Where Mission and Business Model Perfectly Align
“So we don't invest in things where the mission and the business model are different. The mission and the business model have to be perfectly aligned.”
Shripriya MaheshNov 22, 2020▶ 36:56Inside the mind of Shripriya Mahesh, Founding Partner, Spero Ventures
AssertionNot checkable as stated
Mahesh: eBay had only 12 product managers in 2001 despite being public
“And eBay at the time in 2001 was already public. But when I went there, it had only 12 product managers.”
Shripriya MaheshNov 22, 2020▶ 6:19Inside the mind of Shripriya Mahesh, Founding Partner, Spero Ventures
AssertionSupported
Mahesh: Peter Thiel left PayPal on the day eBay acquired it
“So Peter, I think, left the day of the acquisition.”
Shripriya MaheshNov 22, 2020▶ 9:08Inside the mind of Shripriya Mahesh, Founding Partner, Spero Ventures
AssertionSupported
Mahesh: Omidyar launched First Look Media with money meant for Washington Post
“Pierre really was he considered buying the Washington post which eventually Jeff Bezos ended up buying and Pierre dedicated that same amount of money to starting first look media because he believed that a very strong and fearless media Is fundamental to a dem…”
Shripriya MaheshNov 22, 2020▶ 15:00Inside the mind of Shripriya Mahesh, Founding Partner, Spero Ventures
AssertionSupported
Mahesh: Tesla founders focused on making the best car, not just an electric one
“When he and Martin started Tesla, they were like, listen, oil is going to be a problem. Climate change is going to be a problem. We need to move towards electric cars. And the way they thought about the world was, we don't want to make, we don't want you to bu…”
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