Alex Rampell
👤 Speaker
977
total appearances
Appearances Over Time
Podcast Appearances
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: a16z's $15BN Fundraise with Alex Rampell | The Best Companies Have Hostages Not Customers | The Best Founders Materialise Capital, Customers and Labour | Mid-Sized Funds with Die and The Future of Venture Capital
Then this is more of an enterprise-focused thing, but can they get their first five customers, which is
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: a16z's $15BN Fundraise with Alex Rampell | The Best Companies Have Hostages Not Customers | The Best Founders Materialise Capital, Customers and Labour | Mid-Sized Funds with Die and The Future of Venture Capital
As hard, if not harder, than getting their first five employees.
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: a16z's $15BN Fundraise with Alex Rampell | The Best Companies Have Hostages Not Customers | The Best Founders Materialise Capital, Customers and Labour | Mid-Sized Funds with Die and The Future of Venture Capital
Because imagine this company, Toast.
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: a16z's $15BN Fundraise with Alex Rampell | The Best Companies Have Hostages Not Customers | The Best Founders Materialise Capital, Customers and Labour | Mid-Sized Funds with Die and The Future of Venture Capital
You know Toast?
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: a16z's $15BN Fundraise with Alex Rampell | The Best Companies Have Hostages Not Customers | The Best Founders Materialise Capital, Customers and Labour | Mid-Sized Funds with Die and The Future of Venture Capital
It's the restaurant POS company.
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: a16z's $15BN Fundraise with Alex Rampell | The Best Companies Have Hostages Not Customers | The Best Founders Materialise Capital, Customers and Labour | Mid-Sized Funds with Die and The Future of Venture Capital
I love vertical SaaS.
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: a16z's $15BN Fundraise with Alex Rampell | The Best Companies Have Hostages Not Customers | The Best Founders Materialise Capital, Customers and Labour | Mid-Sized Funds with Die and The Future of Venture Capital
But imagine that you're Chris at Toast.
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: a16z's $15BN Fundraise with Alex Rampell | The Best Companies Have Hostages Not Customers | The Best Founders Materialise Capital, Customers and Labour | Mid-Sized Funds with Die and The Future of Venture Capital
You start this company.
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: a16z's $15BN Fundraise with Alex Rampell | The Best Companies Have Hostages Not Customers | The Best Founders Materialise Capital, Customers and Labour | Mid-Sized Funds with Die and The Future of Venture Capital
You go to a restaurant and say, hey, I want you to use my product.
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: a16z's $15BN Fundraise with Alex Rampell | The Best Companies Have Hostages Not Customers | The Best Founders Materialise Capital, Customers and Labour | Mid-Sized Funds with Die and The Future of Venture Capital
And the restaurant asks some very good questions.
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: a16z's $15BN Fundraise with Alex Rampell | The Best Companies Have Hostages Not Customers | The Best Founders Materialise Capital, Customers and Labour | Mid-Sized Funds with Die and The Future of Venture Capital
Like, okay, well, how much cash do you have left?
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: a16z's $15BN Fundraise with Alex Rampell | The Best Companies Have Hostages Not Customers | The Best Founders Materialise Capital, Customers and Labour | Mid-Sized Funds with Die and The Future of Venture Capital
It's like, I have a week.
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: a16z's $15BN Fundraise with Alex Rampell | The Best Companies Have Hostages Not Customers | The Best Founders Materialise Capital, Customers and Labour | Mid-Sized Funds with Die and The Future of Venture Capital
Okay, interesting.
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: a16z's $15BN Fundraise with Alex Rampell | The Best Companies Have Hostages Not Customers | The Best Founders Materialise Capital, Customers and Labour | Mid-Sized Funds with Die and The Future of Venture Capital
How many other customers do you have?
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: a16z's $15BN Fundraise with Alex Rampell | The Best Companies Have Hostages Not Customers | The Best Founders Materialise Capital, Customers and Labour | Mid-Sized Funds with Die and The Future of Venture Capital
Zero.
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: a16z's $15BN Fundraise with Alex Rampell | The Best Companies Have Hostages Not Customers | The Best Founders Materialise Capital, Customers and Labour | Mid-Sized Funds with Die and The Future of Venture Capital
Zero.
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: a16z's $15BN Fundraise with Alex Rampell | The Best Companies Have Hostages Not Customers | The Best Founders Materialise Capital, Customers and Labour | Mid-Sized Funds with Die and The Future of Venture Capital
That's impossible.
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: a16z's $15BN Fundraise with Alex Rampell | The Best Companies Have Hostages Not Customers | The Best Founders Materialise Capital, Customers and Labour | Mid-Sized Funds with Die and The Future of Venture Capital
How can you pull that off?
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: a16z's $15BN Fundraise with Alex Rampell | The Best Companies Have Hostages Not Customers | The Best Founders Materialise Capital, Customers and Labour | Mid-Sized Funds with Die and The Future of Venture Capital
If you are this rare breed of person that can materialize labor capital and customers, and then I have kind of two sub appendages after that.
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: a16z's $15BN Fundraise with Alex Rampell | The Best Companies Have Hostages Not Customers | The Best Founders Materialise Capital, Customers and Labour | Mid-Sized Funds with Die and The Future of Venture Capital
I really, really like people that have studied the history of the space.