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Christian Garrett

Partner, 137 Ventures · 1 appearance on the record.

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investorfounder@CGarrett_15 ↗LinkedIn ↗137ventures.com ↗Wikipedia ↗

At 137 Ventures, Christian Garrett focuses on growth-stage investments and secondary liquidity programs for companies including SpaceX and Anduril Industries. He also co-founded The Hill & Valley Forum, a bipartisan summit connecting Silicon Valley leaders and Washington policymakers on artificial intelligence and defense technology.

9statements → 4claims → 3claims resolved → 100%fully supported → 4/5average certainty → 2.11/5average debate potential →

3 supported 0 partly supported 0 contradicted 1 not yet assessed how the 4 claims stand · each chip opens the sources

4 assertions · 2 opinions · 3 insights · every statement was checked. The predictions and assertions are the 4 claims: statements the public record can support or contradict. 3 are resolved, 1 is not yet assessed. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Christian argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable supported claim

Assertion Supported
SpaceX runs two annual tender offers totaling over $1.5 billion
“SpaceX has raised ten billion dollars in primary over its, you know, 23 years of being around as a company. They've been running, you know, two tenders annually that, you know, total like more than a billion and a half dollars a year for a long time.”
Christian Garrett Mar 27, 2025 ▶ 5:21 Christian Garrett (137 Ventures) on Investing and Markets

Everything Christian Garrett said on TBPN that made the record, most notable first. Filter by type, assessment or year in the ledger →

Assertion Not yet assessed · timeframe Mar 2025
Anduril leadership frequently warns investors about fake primary allocations
“We've been long time and real investors and they have tweeted a ton about fake allocations in their primary rounds being marketed to investors.”
Christian Garrett Mar 27, 2025 ▶ 3:38 Christian Garrett (137 Ventures) on Investing and Markets
Insight
Top private companies avoid open secondary marketplaces for price discovery
“The best companies want to control their cap table. The best companies have unlimited demand. Right. And so in that essence, you don't need a broader market to have random buyers and sellers to do price discovery. Right. And so I think the best companies gener…”
Christian Garrett Mar 27, 2025 ▶ 8:10 Christian Garrett (137 Ventures) on Investing and Markets
Opinion
Unofficial secondary SPVs operate in a black hole with fraud risks
“A lot of that operates outside of that and is kind of a black hole and maybe not the best place to be in because you, one, don't collaborate with the company and then two, you don't have access to information. Right. And so and the third is potentially like …”
Christian Garrett Mar 27, 2025 ▶ 4:17 Christian Garrett (137 Ventures) on Investing and Markets
Opinion
Garrett dismisses secondary market trading lists as uninformed noise
“A lot of them are noise. They're not signal, you know, transactions and a lot of those transactions are uninformed buyers and uninformed sellers. As an institutional firm, we don't pay attention to them and the best companies don't either.”
Christian Garrett Mar 27, 2025 ▶ 10:14 Christian Garrett (137 Ventures) on Investing and Markets
Assertion Supported
SpaceX runs two annual tender offers totaling over $1.5 billion
“SpaceX has raised ten billion dollars in primary over its, you know, 23 years of being around as a company. They've been running, you know, two tenders annually that, you know, total like more than a billion and a half dollars a year for a long time.”
Christian Garrett Mar 27, 2025 ▶ 5:21 Christian Garrett (137 Ventures) on Investing and Markets
Insight
Percentage of holdings sold signals more than absolute dollar size
“You want to think about the two dynamics around percentage of holdings and then total dollar size, right? And those are interesting, right? Like in some sense, if you sold five million bucks, but it's half of your holdings, right? Five million bucks at a certa…”
Christian Garrett Mar 27, 2025 ▶ 19:47 Christian Garrett (137 Ventures) on Investing and Markets
Insight
Founders are generally more bullish than investors and sell for life needs
“Most founders are the most bullish in their company, even more so than the investors. So the desire to sell is generally pretty tapered and usually driven by life needs.”
Christian Garrett Mar 27, 2025 ▶ 20:23 Christian Garrett (137 Ventures) on Investing and Markets
Assertion Supported
Databricks raised a massive liquidity round to cover employee RSU taxes
“Databricks just did that massive round, right. To convert and pay the tax bill for a lot of the RSUs.”
Christian Garrett Mar 27, 2025 ▶ 5:14 Christian Garrett (137 Ventures) on Investing and Markets
Assertion Supported
Facebook's early secondary trading caused venture to adopt blanket transfer restrictions
“Once other venture companies saw this, they implemented basically blanket transfer restrictions. And that has been the default ever since.”
Christian Garrett Mar 27, 2025 ▶ 12:50 Christian Garrett (137 Ventures) on Investing and Markets

Appearances (1)

EpisodeDateSpeaking time
Christian Garrett (137 Ventures) on Investing and Markets Mar 27, 2025 12m
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