“We have a company called Outreach in the sales engagement space, which was The last allegation was 4.5 billion and be invested at the pre-seed.”
quote is from the automated transcript, cleaned for reading:
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More from Boris Wertz
Insight
Wertz: VC portfolio construction can be learned, but founder taste cannot
“So you know, kind of that, that certainly can always be fixed over time and kind of managers can learn proper portfolio construction. What can't be fixed is your taste for entrepreneurs and for unique opportunities that can become these outlier opportunities.”
Boris WertzDec 13, 2024▶ 14:50Why Top Global VCs Are Eyeing India | Boris Wertz | Version One Ventures | The Neon Show
Insight
Second-time founders often fail by raising too much money before product-market fit
“Lots of second time openers that were able to raise lots of money very quickly came down with a top down thesis on, on a market. Right. And Never really got to product market fit because the team that they were able to build because the capital they could rais…”
Boris WertzDec 13, 2024▶ 17:19Why Top Global VCs Are Eyeing India | Boris Wertz | Version One Ventures | The Neon Show
Opinion
Version One remains bullish on crypto because traditional banks cannot effectively compete
“We're still very bullish on crypto, right? I mean, crypto has gone through lots of ups and downs and lots of cycles, but the ultimately ultimate idea of rebuilding the financial system on a global scale in an open source environment. Is still a very attractive…”
Boris WertzDec 13, 2024▶ 23:54Why Top Global VCs Are Eyeing India | Boris Wertz | Version One Ventures | The Neon Show
Opinion
Boris Wertz argues India's current economic trajectory resembles China two decades ago
“High level thesis for me is really India feels like China two decades ago, increasing population, increasing middle-class geopolitical in a super interesting spot where people try to move out of China and move into India.”
Boris WertzDec 13, 2024▶ 25:02Why Top Global VCs Are Eyeing India | Boris Wertz | Version One Ventures | The Neon Show
Opinion
Wertz: The average Indian entrepreneur is hungrier than their North American peers
“I mean, no question about it. I think the average entrepreneur in India is hungrier than the average entrepreneur in, in, in, in North America, but there's an incredible hustle culture there.”
Boris WertzDec 13, 2024▶ 30:14Why Top Global VCs Are Eyeing India | Boris Wertz | Version One Ventures | The Neon Show
Insight
Boris Wertz limits his LP investments to venture funds capped at $30M
“I really think fund size matters in terms of the potential for returns. And so ideally I want to stay in funds that are below 20 max, thirty million dollars.”
Boris WertzDec 13, 2024▶ 7:13Why Top Global VCs Are Eyeing India | Boris Wertz | Version One Ventures | The Neon Show
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