investor

also referred to as: investors

34 statements across 27 episodes · 8 bullish · 9 bearish · 19 people on the record · first statement May 8, 2019 by Michael Seibel · across every show →

Everything said about investor, oldest first

May 8, 2019
Insight
Seibel: Founders Should Not Let Investors Overestimate Startup Progress
“You are the biggest expert in your company. Don't let an investor convince you that you're further along than you are.”
Michael Seibel May 8, 2019 ▶ 3:02 A Decade of Learnings from Y Combinator's CEO Michael Seibel
May 8, 2019 neutral
Insight
Seibel: The only short-term skill investors iterate on is closing deals
“There's only one skill that an investor can iterate and improve on in the short term. It's hard to know whether you're a good investor for years, but it's easy to know whether you're good at this very quickly. And that skill is closing.”
Michael Seibel May 8, 2019 ▶ 9:11 A Decade of Learnings from Y Combinator's CEO Michael Seibel
May 8, 2019 negative
Opinion
Investors show a heavy, unwarranted bias toward second-time founders
“In reality, two things are different. Investors, I don't think for a good reason, significantly bias for second time founders. Significant bias towards second time founders. And there's something you have to understand. Second, if you've been in the valley for…”
Michael Seibel May 8, 2019 ▶ 21:58 A Decade of Learnings from Y Combinator's CEO Michael Seibel
May 8, 2019 negative
Insight
An 'A' investor provides capital, signs paperwork, and stays quiet
“An A investor gives you money, signs paperwork when you want them to, and shuts the fuck up. That's an A. There's a lot of room below an A. There's not a lot of room above.”
Michael Seibel May 8, 2019 ▶ 8:40 A Decade of Learnings from Y Combinator's CEO Michael Seibel
Sep 18, 2019 neutral
Opinion
To VCs, building in Utah is no different than Bucharest, Romania
“If you're in Lehigh, Utah, you may as well be in Bucharest, Romania when it comes to investors. Like, it doesn't matter. Once you're outside of the Bay Area, you're just outside, and there's nothing really matters.”
Eric Rea Sep 18, 2019 ▶ 24:08 Going from $0 to $60M ARR in 4 Years with Podium CEO Eric Rea | SaaStr Software Community
Dec 10, 2020 negative
Disclosure
Liu: Investors rejected Airtable's early rounds for lacking a vertical focus
“When we went out and raised our first few rounds of funding a ton of the investors out there, you know, they would basically give us a feedback of, Hey, we think you're really, you know, you've built this really cool product. It's clearly, you know, required a…”
Howie Liu Dec 10, 2020 ▶ 4:37 Lessons in Scaling a Low Code Platform with Airtable's CEO Howie Liu
Jan 29, 2021 neutral
Assertion Not checkable as stated
Porter jokes VCs constantly claim AI in sales is two years away.
“If you go back to every, you know, time we've sat in an investor's office and raised a round of capital, you know, going back five, six years ago, the investors would say something along the lines of, you know, AI is not here right now for sales, but it will b…”
Kyle Porter Jan 29, 2021 ▶ 28:32 The Twists and Turns Along the Way to Building a Unicorn with Salesloft's CEO Kyle Porter
Feb 4, 2021 neutral
Insight
Janz: Pre-seed fundraising depends on team, idea, and storytelling over revenue
“What does it take to raise a pre-seed round? It's mostly about the team and the idea. Usually there is either nothing yet in terms of revenue or very little. It's usually pre-product market fit. So what investors really want to know at this very early stage is…”
Christoph Janz Feb 4, 2021 ▶ 11:10 How To Raise Your Next Round: What Does it Take to Really Raise Capital | Point Nine Capital
Nov 17, 2021 positive
Insight
Mehrotra: Pitch Investors with Your Actual Internal Board Deck
“I always, my view of it is show your investors your board deck that you use to run your own company. And if you're not willing to do that, then that's a problem because you're running a company differently.”
Shishir Mehrotra Nov 17, 2021 ▶ 21:32 The Highs and Lows of Fundraising from Founders That Have Raised $1B w/ Calendly, Coda, LaunchDarkly
Nov 17, 2021 positive
Insight
Mehrotra: Pitch memo feedback should come from adjacent-stage investors
“One is, when you're pitching take advice from people one stage investors that are one stage forward or back from wherever you're pitching. Just go, you know, you're pitching people for a normal B. Go, go talk to a few people that would normally be C and D rais…”
Shishir Mehrotra Nov 17, 2021 ▶ 48:47 The Highs and Lows of Fundraising from Founders That Have Raised $1B w/ Calendly, Coda, LaunchDarkly
Nov 17, 2021
Insight
Mehrotra: Do not take money if you cannot hit investors' return goals
“I, my view is don't take money from people if you don't think you can hit their investment goals. If you're misaligned with your investors, that's gonna be trouble at some point.”
Shishir Mehrotra Nov 17, 2021 ▶ 9:16 The Highs and Lows of Fundraising from Founders That Have Raised $1B w/ Calendly, Coda, LaunchDarkly
Nov 17, 2021 negative
Opinion
Lemkin: Series C venture investors never read cold outreach emails
“Now, no one at the Series C level reads the cold email, okay, because they all assume that companies at this stage know everybody.”
Jason Lemkin Nov 17, 2021 ▶ 50:33 The Highs and Lows of Fundraising from Founders That Have Raised $1B w/ Calendly, Coda, LaunchDarkly
Dec 14, 2021 neutral
Insight
Investors buy platform stories, but enterprise customers buy apps
“The investor really likes the platform story to be told, and you can keep talking about the platform for the right audience, but that's not how customers will purchase or fund the project.”
Kazuki Ohta Dec 14, 2021 ▶ 36:35 $100 Million ARR Pivot: From Platform Product to Vertical Apps With Treasure Data CEO Kazuki Ohta
Apr 1, 2022 positive
Insight
Schuck: Good investors want founders to push back on board suggestions
“They want to hear that voice actually if they're good investors. But if you don't take the opportunity to share that voice, you just take what they say and go run doing it.”
Henry Schuck Apr 1, 2022 ▶ 30:51 From 0 to 400M, 10 Mistakes the CEO of ZoomInfo Made on His Journey to IPO | SaaStr
Apr 1, 2022 negative
Insight
Lemkin: Blind deference to startup investors becomes toxic over time
“This deferential relationship to your investors, it is It can be subtly toxic if you let it go on for too long. It can be, they don't know, and they will even many of them will even encourage it. They're used to it. They're used to this slightly Imperial relat…”
Jason Lemkin Apr 1, 2022 ▶ 29:30 From 0 to 400M, 10 Mistakes the CEO of ZoomInfo Made on His Journey to IPO | SaaStr
May 6, 2022 neutral
Insight
Pepper: A generation of VCs and founders must relearn how hard venture is
“I saw countless careers that were ended by 98, 99 by learning the wrong lessons. Yeah. And I think we have an entire generation of investors and some founders That need to learn new lessons about how hard it is to actually play this, you know, startup ecosyste…”
Doug Pepper May 6, 2022 ▶ 40:20 Doug Pepper, GP at Iconiq + Jason Lemkin of SaaStr: "Where Venture Is Right Now"
May 26, 2022 positive
Insight
Allen: Spending $40K on Analyst Relationships Pays Off for Startups
“Taking 40 K and getting into an early, you know, relationship with a research analyst firm, whether it's one of the big guys, or there's some really great, small, niche boutique firms that specialize in certain categories of software. It's really worth it to i…”
Noreen Allen May 26, 2022 ▶ 12:55 How Marketing Can Be Your Secret Sauce to Fundraising and Growth | Bandwidth CMO Noreen Allen
Jun 29, 2022 neutral
Insight
Janz: SaaS companies under $25M ARR need 2x growth for investor excitement
“If you're not growing at least two X year over year, it's pretty hard to get investors really excited. At least until, let's say, 20, twenty five million in, in ERR.”
Christoph Janz Jun 29, 2022 ▶ 15:46 Balancing Growth and Efficiency in Tougher Times | Point Nine Managing Partner Christoph Janz
Jul 20, 2022 neutral
Insight
Kellogg: Diversification is an investor's job, not a startup's goal
“Investors get diversification by investing in 20 of you. You don't have to be diversified, right? Diversification is their problem, not your problem.”
Dave Kellogg Jul 20, 2022 ▶ 31:34 5 Scale-Up Mistakes for Startups with Dave Kellogg | SaaStr Software Community
Aug 3, 2022 positive
Insight
Alter: Investors value non-SaaS revenue if not falsely labeled as ARR
“I don't think anymore that investors are so myopic That they're only valuing companies based off of ARR. You will get credit for those alternative streams of revenue as well, but it's important to clearly label it and not try to make it into ARR when it's not …”
Molly Alter Aug 3, 2022 ▶ 27:50 The Metrics that Matter, Whether You Are Raising $1m or $100m | Index Ventures Partner Molly Alter
Sep 16, 2022 positive
Opinion
Lemkin: VCs actually prefer investing in bootstrapped companies
“Investors prefer, actually, if anyone thinks investors don't prefer bootstrap companies, you're wrong.”
Jason Lemkin Sep 16, 2022 ▶ 46:24 Live from SaaStr Annual 2022: AMA with SaaStr's CEO
Nov 8, 2022
Insight
Reeves: Treat fundraising like hiring permanent, part-time teammates
“When I say that fundraising is like hiring, what I mean is, if you can, try to apply the same logic I just shared about hiring a teammate to fundraising, right? This is someone that's going to join your company, Albeit part-time, not full-time. Although a lot …”
Josh Reeves Nov 8, 2022 ▶ 17:55 Gusto Co-Founder Josh Reeves: How Focusing on Delivering Customer Value Generates Business Value
Jan 27, 2023 negative
Opinion
Blond: Investors who do not help portfolio companies recruit are failing
“And if your investors aren't helping recruit for you, I don't think they're doing their job.”
Sam Blond Jan 27, 2023 ▶ 11:34 CRO Confidential: Sales Recruitment and Hiring Managers With Ben Braverman
May 16, 2023 neutral
Insight
Cassidy: The vast majority of VCs will not continuously open doors
“You know, sort of, hey, let's tap into our investors, VCs, and they will help, but they're not going to continuously help because at some point they'll just say like, yeah, I made some interest for you, bro. Like, you know, the reason I invested in you guys is…”
Brendon Cassidy May 16, 2023 ▶ 26:42 CRO Confidential: 3 Secrets For Early-Stage Startups To Acquire Customers | CoSell.io Co-Founder
Jul 27, 2023 neutral
Assertion Not checkable as stated
Specht: Most completed 2023 VC rounds required 3x to 5x growth
“So when talking to investors about these rounds that happened and what we saw in the market, actually most of the rounds that happened have been more towards three to five X in growth.”
Peter Specht Jul 27, 2023 ▶ 4:58 Raising Capital in 2023: What You Really Need To Know with Creandum Partner Peter Specht
Sep 27, 2023 bearish
Prediction Not checkable as stated
VCs Are Pricing in Far Fewer Multi-Billion Dollar SaaS Exits
“Not so many companies will eventually exit at several billion dollars or even or even, even more than that. And I think that that is something that investors are starting to factor in more than they did that some years ago.”
Christoph Janz Sep 27, 2023 ▶ 19:51 What it Takes to Raise Capital with Christoph Janz of Point Nine
Oct 5, 2023
Insight
Seibel: Founders remember every rejection and want to prove investors wrong
“Any founder you talk to can remember every single investor who said no to them. And they hold a special kind of, I don't want to use the word hatred, but they hold a special something for those people and they desire to prove them wrong.”
Michael Seibel Oct 5, 2023 ▶ 0:31 How To Perfectly Pitch Your Seed Stage Startup With Y Combinator's Michael Seibel
Nov 8, 2023
Insight
Mehta: Build a named database of actual buyers instead of abstract TAM
“And one of the things very practically I wish I'd done is build a database of your addressable market. Now, I don't mean that BS slide you show to investors that says your addressable market is like ten billion dollars or a trillion dollars. I mean the real on…”
Nick Mehta Nov 8, 2023 ▶ 30:53 Nick Mehta, CEO Gainsight: My Top 10 Failures as a SaaS CEO & What I've Learned
Dec 6, 2023 positive
Insight
Levie: Software companies must ultimately produce cash distributions for investors
“At the sort of final, you know, kind of the terminal point of your business, it's to produce a certain amount of cash that goes back to investors. Like, if you just, like, why would you give a dollar to something? It's because you want cash back at some point.…”
Aaron Levie Dec 6, 2023 ▶ 10:57 What's New at Box with Aaron Levie, CEO and Co-Founder of Box and Jason Lemkin, Founder at SaaStr
Jul 10, 2024 neutral
Insight
VCs ignore profitability but excuse margin flaws for hyper-growth startups
“And so they're not gonna give you credit because you're profitable. They're not gonna give you credit for lower growth because of macro issues. But what they will do is they get a little blind to hyper growth. Like they're so deaf because fewer companies are h…”
Jason Lemkin Jul 10, 2024 ▶ 14:19 Fundraising from VCs and Hiring VPs in 2025: AMA with Jason Lemkin SaaStr CEO
Sep 19, 2024 negative
Opinion
Lemkin: VCs Are Almost Always Wrong on VP of Sales Hires
“If you guys have investors, they're, listen, they're right on many things. They're almost always wrong on a VP of sales.”
Jason Lemkin Sep 19, 2024 ▶ 35:33 How to Hire a Great VP of Sales Today with SaaStr CEO Jason Lemkin
Sep 25, 2024 negative
Insight
A 10-20 person sales team that never fires anyone indicates dysfunction
“If an investor sees a company with 10 or 20 salespeople and they've never let go a salesperson, that almost tells you something Tells you that something isn't working because it's unheard of, that every single salesperson works out.”
Christoph Janz Sep 25, 2024 ▶ 25:31 5 Metrics that Matter When Raising Your SaaS Series A and Series B with Christoph Janz of Point 9
Mar 14, 2025 positive
Insight
Mehta: Simple conceptual slides of the customer journey resonate with investors
“If you can show an investor a slide, that's just like how you're approaching your customers. I think it goes a long way. It's not, you don't need to automate it. You don't need a ton of processes, just like a simple concept of what you're trying to do.”
Nick Mehta Mar 14, 2025 ▶ 16:56 The Top 10 Customer Success Metrics Investors Care About in 2025 with Gainsight CEO Nick Mehta
Aug 27, 2025 neutral
Insight
Lemkin: Investors only care about AI because they want insane growth
“No one, no matter what anybody says, the only reason any investor cares about AI is because they want insane growth. They don't really care.”
Jason Lemkin Aug 27, 2025 ▶ 29:53 What Happens When AI Kills Your SaaS Growth? Live Q&A with SaaStr CEO and Founder Jason Lemkin
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