Chapter
Milestone-Based Investing
37:27 - 44:42 (07:15)
Investors engaged in milestone-based investing scale the amount of money and valuation provided to startups with the amount of proof delivered about the company. In deep tech, incremental progress is key as investors become more excited with proof of concept.
Clips
The valuation of a startup before a functional product is usually lower, and investors engage in milestone-based investing where proof of progress scales the amount of money raised.
37:27 - 40:38 (03:11)
Summary
The valuation of a startup before a functional product is usually lower, and investors engage in milestone-based investing where proof of progress scales the amount of money raised. For a series A, revenue is necessary.
ChapterMilestone-Based Investing
EpisodeE43: Innovative venture strategies, Zymergen's implosion, Square acquires Afterpay, future of fintech & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Jeffrey Katzenberg and his team invest a billion dollars into Quibi, a platform for short mobile videos.
40:38 - 42:46 (02:08)
Summary
Jeffrey Katzenberg and his team invest a billion dollars into Quibi, a platform for short mobile videos. Some believe that they should have tested the format before investing such a large sum of money.
ChapterMilestone-Based Investing
EpisodeE43: Innovative venture strategies, Zymergen's implosion, Square acquires Afterpay, future of fintech & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
In this podcast, the hosts discuss how sometimes belief trumps logic in tech investing, despite the importance of diligent work and simple valuation.
42:46 - 44:42 (01:56)
Summary
In this podcast, the hosts discuss how sometimes belief trumps logic in tech investing, despite the importance of diligent work and simple valuation.