Ben Nye

Managing Partner, Venture Guides · 1 appearance on the record.

computed by AI from the episodes · how this works → · full disclaimer →

investorexecutivefounderLinkedIn ↗ventureguides.com ↗

Ben Nye served as Co-Managing Partner at Bain Capital Ventures and CEO of Turbonomic until its acquisition by IBM in 2021. He later co-founded the venture capital firm Venture Guides, with notable career investments including LinkedIn, DocuSign, and Rapid7.

9statements → 5claims → 2claims resolved → 3.78/5average certainty → 1.67/5average debate potential → ≈4.5/5argument clarity, estimated → 4said about them ↓

0 supported 2 partly supported 0 contradicted 3 not checkable as stated how the 5 claims stand · each chip opens the sources

1 prediction · 4 assertions · 1 opinion · 3 disclosures · every statement was checked. The prediction and assertions are the 5 claims: statements the public record can support or contradict. 2 are resolved, and 3 name no date, number or outcome precise enough to check. 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 Ben argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Expressed certainty vs assessment result

none yet certainty 1
none yet certainty 2
50% certainty 3
50% certainty 4
none yet certainty 5

weighted support: a fully supported claim counts one, a partly supported claim counts half. Each filled bar is clickable and opens exactly those claims; "none yet" means nothing said at that certainty level has resolved yet

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Ben Nye on measured tape to publish a rate. This says nothing about how they speak.

Everything Ben Nye said on Top Founders that made the record, most notable first. Filter by type, assessment or year in the ledger →

Opinion
Pure business model companies like Uber lack defensible long-term sustainability
“There are other companies that are pure business model companies. I don't think they have the sustainability and the worry you have there is ankle biters coming up through the ground. Think of, you know, Uber and Lyft as an example, great company, In Uber, but…”
Ben Nye Nov 3, 2016 ▶ 15:46 EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye
Disclosure
Ben Nye became interim CEO after founder and external CEO clashed
“There were some issues between the founder and the CEO hire. And so that's, that was the time when the board made its decision and asked me to step in on an interim basis, which I agreed to.”
Ben Nye Nov 3, 2016 ▶ 4:45 EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye
Assertion Not checkable as stated
91% of Turbonomic customers achieve full payback within three months
“No, I think we're, look, 91% of our customers have a three-month full payback, so by definition, we've, you know, even with the price increases of the last four years we certainly feel that we've offered a huge consumer surplus to our customers.”
Ben Nye Nov 3, 2016 ▶ 9:52 EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye
Assertion Not checkable as stated
Every startup Bain evaluated that directly competed with VMware died or sold
“And just to make the case roll the tape forward. And every one of those players that we looked at has either been acquired or gone.”
Ben Nye Nov 3, 2016 ▶ 12:39 EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye
Prediction Partly held up
VMware's revenue growth will continue to slow, but it will not die
“They're not going to die. I think their growth rate is going to continue to slow, but I don't think they're going to die. They've got a huge amount of cash that they generate.”
Ben Nye Nov 3, 2016 ▶ 13:01 EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye
Disclosure
Turbonomic repurchases equity from departed employees to keep cap table active
“From time to time the company has retired passive shares. And there's typically a thing called an investor rights agreement that governs the way in which that is executed. And indeed we've done that as well, just to keep more equity and more active hands.”
Ben Nye Nov 3, 2016 ▶ 6:35 EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye
Assertion Partly supported
194 million enterprise workloads ran across hybrid cloud in 2016
“There's a hundred and ninety four million workloads in 2016 between that which run on prem or premises and that which runs in the public cloud.”
Ben Nye Nov 3, 2016 ▶ 7:29 EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye
Assertion Not checkable as stated
Turbonomic reports 1,600 enterprise CIO customers and over 400 employees
“So we're just a hair shy of 1600 CIOs who invested in Turbonomic. Again, real time autonomic control. And the company is over 400 people. We've had 24 consecutive quarters of record revenue, which is pretty exciting. And by the way, the last two based on audit…”
Ben Nye Nov 3, 2016 ▶ 13:16 EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye
Disclosure
Bain Capital invested roughly $20 million into Turbonomic
“On behalf of Bain, I think we're in roughly the young twenties.”
Ben Nye Nov 3, 2016 ▶ 3:41 EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye

The other half of the tape: Ben Nye's own voice is left out of every number here. Other people bring the name up 4 times in 2 episodes on Top Founders. every mention, with the transcript →

Who brings them up most Nathan Latka 4

Every mention by year

tap a year for its mentions
0021422016episodesmentions
0122016episodes it came up in
0011222016episodesmentions per episode

Appearances (1)

EpisodeDateSpeaking time
EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye Nov 3, 2016 11m
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.