Chapter
The Success Story of Stripe and Valuations in the VC World
1:04:40 - 1:11:22 (06:41)
A discussion about Stripe, the biggest company to come out of YC ever and their success strategy of blocking top VCs as well as their ability to raise a lot of money at high valuations. The conversation also touches on the struggle of VCs when investing in companies at high valuations.
Clips
Stripe's success as a payment API provider for tech startups is partly attributed to their ability to block top venture capitalists from investing in their competitors such as Bolt.
1:04:40 - 1:07:34 (02:54)
Summary
Stripe's success as a payment API provider for tech startups is partly attributed to their ability to block top venture capitalists from investing in their competitors such as Bolt. This has led to comparisons of Stripe and Y Combinator as the 'mob bosses' of Silicon Valley.
ChapterThe Success Story of Stripe and Valuations in the VC World
EpisodeE65: VC markup dynamics, Russia/US tensions over Ukraine, Altos Labs raises $3B, Stripe mafia & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
A VC's toughest decision is when they want to invest in a company with overvalued shares.
1:07:34 - 1:11:22 (03:47)
Summary
A VC's toughest decision is when they want to invest in a company with overvalued shares. The challenge is they have to have a valuation basis at the time of investment, which can lead to missed opportunities and difficult decisions.