Tribe Talkin' Ep 42: VCs Becoming A-Holes. "VCs Decide Not To Invest In Women". Bessemer Anti-Portfolio. Pitching For PR. Sharts.

Transparent Venture Capital by Tribe Global Ventures

Tribe Global Ventures

Investing, Business:investing, Business, Entrepreneurship

5 • 1 Ratings

🗓️ 20 June 2024

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

On this weeks episode: Adir Shiffman losing a lengthy court battle with one of his own portfolio companies, online mattress business Sleeping Duck. To be in the top 1% of podcasters, you just need to do 21 episodes. Elon gets his options approved again. Pitching for PR. Tips from Jessy Wu. Bessemer shares their anti-portfolio. How VCs become assholes. Joan Westenberg article in Startup Daily "The reason why most VCs don’t invest in women-led startups is much simpler than many think". Sharts: [email protected]

Transcript

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0:00.0	We're in the top 1% boys.
0:10.7	Yeah, finally, for something.
0:12.4	For something, yeah.
0:14.1	At least something positive.
0:16.3	It's just a constant reminder.
0:17.6	Like, if you're lazy for one day and you let the next unicorns flip
0:22.4	through you've got to live with the fact that you missed that opportunity because
0:26.3	acknowledging the simple truth that the solution lies in VC's own hands would
0:31.0	require them to take responsibility and that's a choice too many are piss week to make
0:36.1	we believe that 80% of the conviction comes from actually jumping on a call with the founder
0:41.6	because we assume pitched decks if shit.
0:44.4	On Friday, Supreme Court judge Jim Delaney dismissed Schiffman's claims.
0:50.0	He also ordered Schiffman to pay the sleeping duck founder's legal costs.
0:54.7	Wake up screaming.
0:57.0	Constantly wetting the bed.
0:59.4	Trying to understand why we at Tribe don't see more female founder or female co-founded ventures applying for investment.
1:07.2	Like it's a very small percentage of applications that we receive.
1:19.6	Good afternoon.
1:20.6	Hey guys.
1:21.6	The sun is actually out. Let me just open the window.
1:23.6	It's a beautiful day out there.
1:24.6	Yeah, it's more of my. My head got burnt yesterday.
	...

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