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Lucas Swisher

๐Ÿ‘ค Speaker
675 total appearances

Appearances Over Time

Podcast Appearances

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Inside Coatue's $7BN Growth Fund: Why Price Matters Least | Why Mega Markets are the Most Important | How Mega Funds Can Still Do 5x Returns | How to Assess Durability of Revenue and Margins in AI with Lucas Swisher

I met him before the Series A that Pat did.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Inside Coatue's $7BN Growth Fund: Why Price Matters Least | Why Mega Markets are the Most Important | How Mega Funds Can Still Do 5x Returns | How to Assess Durability of Revenue and Margins in AI with Lucas Swisher

I remember being like, this is it.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Inside Coatue's $7BN Growth Fund: Why Price Matters Least | Why Mega Markets are the Most Important | How Mega Funds Can Still Do 5x Returns | How to Assess Durability of Revenue and Margins in AI with Lucas Swisher

We had an early stage practice at the time that we were really involved with, and we did lose the A. You know, it goes back again to our, I don't try to do very many A's.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Inside Coatue's $7BN Growth Fund: Why Price Matters Least | Why Mega Markets are the Most Important | How Mega Funds Can Still Do 5x Returns | How to Assess Durability of Revenue and Margins in AI with Lucas Swisher

It goes back to our strategy, which is even sometimes if you miss an early round, for the great companies in the world, there's always another round.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Inside Coatue's $7BN Growth Fund: Why Price Matters Least | Why Mega Markets are the Most Important | How Mega Funds Can Still Do 5x Returns | How to Assess Durability of Revenue and Margins in AI with Lucas Swisher

I would say Sequoia and Benchmark.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Inside Coatue's $7BN Growth Fund: Why Price Matters Least | Why Mega Markets are the Most Important | How Mega Funds Can Still Do 5x Returns | How to Assess Durability of Revenue and Margins in AI with Lucas Swisher

I want to split my dollar.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Inside Coatue's $7BN Growth Fund: Why Price Matters Least | Why Mega Markets are the Most Important | How Mega Funds Can Still Do 5x Returns | How to Assess Durability of Revenue and Margins in AI with Lucas Swisher

You're going to allow me to split my dollar.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Inside Coatue's $7BN Growth Fund: Why Price Matters Least | Why Mega Markets are the Most Important | How Mega Funds Can Still Do 5x Returns | How to Assess Durability of Revenue and Margins in AI with Lucas Swisher

And I think it's this firm that, again, it's so good and they have the ability to reinvent themselves, right?

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Inside Coatue's $7BN Growth Fund: Why Price Matters Least | Why Mega Markets are the Most Important | How Mega Funds Can Still Do 5x Returns | How to Assess Durability of Revenue and Margins in AI with Lucas Swisher

I mean, they hired Ev, who's my old analyst.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Inside Coatue's $7BN Growth Fund: Why Price Matters Least | Why Mega Markets are the Most Important | How Mega Funds Can Still Do 5x Returns | How to Assess Durability of Revenue and Margins in AI with Lucas Swisher

So good for them.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Inside Coatue's $7BN Growth Fund: Why Price Matters Least | Why Mega Markets are the Most Important | How Mega Funds Can Still Do 5x Returns | How to Assess Durability of Revenue and Margins in AI with Lucas Swisher

Leaving Insight for Kleiner.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Inside Coatue's $7BN Growth Fund: Why Price Matters Least | Why Mega Markets are the Most Important | How Mega Funds Can Still Do 5x Returns | How to Assess Durability of Revenue and Margins in AI with Lucas Swisher

I know a lot of people.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Inside Coatue's $7BN Growth Fund: Why Price Matters Least | Why Mega Markets are the Most Important | How Mega Funds Can Still Do 5x Returns | How to Assess Durability of Revenue and Margins in AI with Lucas Swisher

So I was Harvard undergrad then went to Insight and I left Insight pretty early.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Inside Coatue's $7BN Growth Fund: Why Price Matters Least | Why Mega Markets are the Most Important | How Mega Funds Can Still Do 5x Returns | How to Assess Durability of Revenue and Margins in AI with Lucas Swisher

I was the first one to leave.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Inside Coatue's $7BN Growth Fund: Why Price Matters Least | Why Mega Markets are the Most Important | How Mega Funds Can Still Do 5x Returns | How to Assess Durability of Revenue and Margins in AI with Lucas Swisher

We hired classes of 10 back then.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Inside Coatue's $7BN Growth Fund: Why Price Matters Least | Why Mega Markets are the Most Important | How Mega Funds Can Still Do 5x Returns | How to Assess Durability of Revenue and Margins in AI with Lucas Swisher

So it was like 10 analysts, all really young kids coming out of school.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Inside Coatue's $7BN Growth Fund: Why Price Matters Least | Why Mega Markets are the Most Important | How Mega Funds Can Still Do 5x Returns | How to Assess Durability of Revenue and Margins in AI with Lucas Swisher

The junior summer internship at Insight was literally dialing for dollars.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Inside Coatue's $7BN Growth Fund: Why Price Matters Least | Why Mega Markets are the Most Important | How Mega Funds Can Still Do 5x Returns | How to Assess Durability of Revenue and Margins in AI with Lucas Swisher

I mean, it's incredible training ground.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Inside Coatue's $7BN Growth Fund: Why Price Matters Least | Why Mega Markets are the Most Important | How Mega Funds Can Still Do 5x Returns | How to Assess Durability of Revenue and Margins in AI with Lucas Swisher

I called 50 CEOs a week, like literally cold call.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Inside Coatue's $7BN Growth Fund: Why Price Matters Least | Why Mega Markets are the Most Important | How Mega Funds Can Still Do 5x Returns | How to Assess Durability of Revenue and Margins in AI with Lucas Swisher

I mean, this was 10 years ago, almost 15 years ago now.