Remove categories benchmarks
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Playing the Long Game in Venture Capital

Both Sides of the Table

Our goal is to produce a $10 billion+ winner and remain the market leader in this SaaS category of AI in Sales & Marketing. But in the LP world there is an obsession with “top quartile” benchmarking in the near term, which drives skewed incentives for newer VCs to show quick returns.

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The Unified Theory of Food Investing for Tech VCs

This is going to be BIG.

Well, I actually think this is a major category. The category is called food systems and it is huge. That's why Sherbrooke and Benchmark just put $8mm into Farmingo , to support these food communities via social software. Cross that off for most non-scientific tech VCs. What about sleep?

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How DogVacay Literally Saved my Thanksgiving

Both Sides of the Table

I said, “This category is going to be huge. Like most markets online it will likely be a ‘winner take most’ category so if you’re going to go for it … you better be prepared to win.” He and his wife hatched the idea for DogVacay and decided to go for it. I’m sure of the value.

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“Sanzo is at its best when we serve as a bridge across cultures for both AAPI and non-AAPI.” CEO Sandro Roco on building a beverage startup, what to avoid in influencer deals, & protecting the brand.

Hunter Walk

At the same time, 2018 was the summer of LaCroix and other flavored sparkling water brands across a larger $45 billion carbonated soft drink category that has been in decline in the U.S. BTS, the K-pop group, was going on a nationwide tour where they were literally selling out football stadiums. as consumers reduce their sugary soda intake.

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This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

Of course none of these funds (my own included) want to be lumped into just one category because we all move across the spectrum. An obvious example that comes to mind is Roger Ehrenberg, whose fund Information Arbitrage , is looking at companies in these categories. It will be tough for there to be many huge winners in this category.

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The Coming Shift in Enterprise Software

Both Sides of the Table

V1 of Tact has been a mobile-first CRM (which by the way will soon exceed a $50 billion market, making it the largest category for enterprise applications) but the team was very early in embracing enterprise applications for voice i/o (input, output). As leaders they have been truly inspiring and I believe a benchmark for the industry.

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Money. show me! If you want to change Venture Capital, focus on LPs. #openlp

This is going to be BIG.

Moreover, what if firms were required to publicly disclose those numbers—not to a person, but to a category? They’re afraid to tell the Sequoias and Benchmarks of the world that they want to see commitments to change, for fear of getting kicked out of their next fund. Because they’re afraid to lose their access.