Think3
3 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Jan 29, 2019 by Alex Western · said 7 times in 1 episodes since 2019 · across every show →
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brought up most by Alex Western (7)
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2019 7 mentions in 1 episode
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Jan 29, 2019 neutral
Western: Only 0.02% of VC-backed startups become unicorns
“There was some now famous research done by Cowboy Ventures into outstanding VC-backed startups, and they found that 0.02% of VC-backed startups become unicorns, and our own research suggests that only about 10% are ever on escape velocity trajectory or above t…”
Jan 29, 2019 positive
Western: Most B2B startups should prioritize customer retention over growth
“Most companies aren't necessarily in situations where they can grow that quickly, so we find they're usually better off actually focusing on retention, not on growth, but they can't make that trade-off because they feel a lot of pressure from their venture cap…”
Jan 29, 2019 neutral
Western: Founders secretly prefer lifestyle businesses but feel market pressure
“Most of the founders we talk to actually want to choose the lifestyle option, but they're almost sort of embarrassed by it, given the market we're in, so they feel like they have to sprinkle a little bit of big leagues into it, and that just makes their lives …”