Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Mark Goldberg

๐Ÿ‘ค Speaker
483 total appearances

Appearances Over Time

Podcast Appearances

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Truth About Multi-Stage Firms; Why Portfolio Services are for VCs not Founders | Why Politics is Rife & Decision-Making is Broken in Large VCs | Why Reserves are Bad for Founders & How Boutique Firms Will Win with Mark Goldberg @ Chemistry

And if we walked into a meeting and they said, our belief in the asset class is that, you know, venture is no longer a good return or the only way to play venture is to be in, you know, five legacy brands. We probably had done a poor job in vetting that meeting. And there were a handful of those that we did not have success with.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Truth About Multi-Stage Firms; Why Portfolio Services are for VCs not Founders | Why Politics is Rife & Decision-Making is Broken in Large VCs | Why Reserves are Bad for Founders & How Boutique Firms Will Win with Mark Goldberg @ Chemistry

And if we walked into a meeting and they said, our belief in the asset class is that, you know, venture is no longer a good return or the only way to play venture is to be in, you know, five legacy brands. We probably had done a poor job in vetting that meeting. And there were a handful of those that we did not have success with.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Truth About Multi-Stage Firms; Why Portfolio Services are for VCs not Founders | Why Politics is Rife & Decision-Making is Broken in Large VCs | Why Reserves are Bad for Founders & How Boutique Firms Will Win with Mark Goldberg @ Chemistry

And if we walked into a meeting and they said, our belief in the asset class is that, you know, venture is no longer a good return or the only way to play venture is to be in, you know, five legacy brands. We probably had done a poor job in vetting that meeting. And there were a handful of those that we did not have success with.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Truth About Multi-Stage Firms; Why Portfolio Services are for VCs not Founders | Why Politics is Rife & Decision-Making is Broken in Large VCs | Why Reserves are Bad for Founders & How Boutique Firms Will Win with Mark Goldberg @ Chemistry

Well, it's an interesting parallel to why we say no as GPs. And again, to the empathy point, I think a lot of the reasons people gave as a no were not the actual reasons. But the biggest reason we heard was the three of you haven't worked together. And there's a lot of team risk in a new fund at this size with three people. And to their credit, there is risk.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Truth About Multi-Stage Firms; Why Portfolio Services are for VCs not Founders | Why Politics is Rife & Decision-Making is Broken in Large VCs | Why Reserves are Bad for Founders & How Boutique Firms Will Win with Mark Goldberg @ Chemistry

Well, it's an interesting parallel to why we say no as GPs. And again, to the empathy point, I think a lot of the reasons people gave as a no were not the actual reasons. But the biggest reason we heard was the three of you haven't worked together. And there's a lot of team risk in a new fund at this size with three people. And to their credit, there is risk.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Truth About Multi-Stage Firms; Why Portfolio Services are for VCs not Founders | Why Politics is Rife & Decision-Making is Broken in Large VCs | Why Reserves are Bad for Founders & How Boutique Firms Will Win with Mark Goldberg @ Chemistry

Well, it's an interesting parallel to why we say no as GPs. And again, to the empathy point, I think a lot of the reasons people gave as a no were not the actual reasons. But the biggest reason we heard was the three of you haven't worked together. And there's a lot of team risk in a new fund at this size with three people. And to their credit, there is risk.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Truth About Multi-Stage Firms; Why Portfolio Services are for VCs not Founders | Why Politics is Rife & Decision-Making is Broken in Large VCs | Why Reserves are Bad for Founders & How Boutique Firms Will Win with Mark Goldberg @ Chemistry

I feel very comfortable with that risk. In the same way that a VC might say, it's too early for our fund. You never really know what people are thinking.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Truth About Multi-Stage Firms; Why Portfolio Services are for VCs not Founders | Why Politics is Rife & Decision-Making is Broken in Large VCs | Why Reserves are Bad for Founders & How Boutique Firms Will Win with Mark Goldberg @ Chemistry

I feel very comfortable with that risk. In the same way that a VC might say, it's too early for our fund. You never really know what people are thinking.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Truth About Multi-Stage Firms; Why Portfolio Services are for VCs not Founders | Why Politics is Rife & Decision-Making is Broken in Large VCs | Why Reserves are Bad for Founders & How Boutique Firms Will Win with Mark Goldberg @ Chemistry

I feel very comfortable with that risk. In the same way that a VC might say, it's too early for our fund. You never really know what people are thinking.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Truth About Multi-Stage Firms; Why Portfolio Services are for VCs not Founders | Why Politics is Rife & Decision-Making is Broken in Large VCs | Why Reserves are Bad for Founders & How Boutique Firms Will Win with Mark Goldberg @ Chemistry

We did. Yeah. And we got some great... I mean, again, back to the parallels of being a good LP is very similar to being a good GP. The funds that we most liked working with, whether or not they invested or not, were clear, direct, communicative, gave real feedback. It's a good lesson for me. It's a good lesson for anyone on the GP side.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Truth About Multi-Stage Firms; Why Portfolio Services are for VCs not Founders | Why Politics is Rife & Decision-Making is Broken in Large VCs | Why Reserves are Bad for Founders & How Boutique Firms Will Win with Mark Goldberg @ Chemistry

We did. Yeah. And we got some great... I mean, again, back to the parallels of being a good LP is very similar to being a good GP. The funds that we most liked working with, whether or not they invested or not, were clear, direct, communicative, gave real feedback. It's a good lesson for me. It's a good lesson for anyone on the GP side.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Truth About Multi-Stage Firms; Why Portfolio Services are for VCs not Founders | Why Politics is Rife & Decision-Making is Broken in Large VCs | Why Reserves are Bad for Founders & How Boutique Firms Will Win with Mark Goldberg @ Chemistry

We did. Yeah. And we got some great... I mean, again, back to the parallels of being a good LP is very similar to being a good GP. The funds that we most liked working with, whether or not they invested or not, were clear, direct, communicative, gave real feedback. It's a good lesson for me. It's a good lesson for anyone on the GP side.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Truth About Multi-Stage Firms; Why Portfolio Services are for VCs not Founders | Why Politics is Rife & Decision-Making is Broken in Large VCs | Why Reserves are Bad for Founders & How Boutique Firms Will Win with Mark Goldberg @ Chemistry

And again, why I would encourage anybody to go through a fundraise like we did. When we tell our friends, what are the best LPs? It wasn't the ones that necessarily all said yes to our fund. It was the ones that were great to work with. And they were great to work with for the reasons. They gave...

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Truth About Multi-Stage Firms; Why Portfolio Services are for VCs not Founders | Why Politics is Rife & Decision-Making is Broken in Large VCs | Why Reserves are Bad for Founders & How Boutique Firms Will Win with Mark Goldberg @ Chemistry

And again, why I would encourage anybody to go through a fundraise like we did. When we tell our friends, what are the best LPs? It wasn't the ones that necessarily all said yes to our fund. It was the ones that were great to work with. And they were great to work with for the reasons. They gave...

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Truth About Multi-Stage Firms; Why Portfolio Services are for VCs not Founders | Why Politics is Rife & Decision-Making is Broken in Large VCs | Why Reserves are Bad for Founders & How Boutique Firms Will Win with Mark Goldberg @ Chemistry

And again, why I would encourage anybody to go through a fundraise like we did. When we tell our friends, what are the best LPs? It wasn't the ones that necessarily all said yes to our fund. It was the ones that were great to work with. And they were great to work with for the reasons. They gave...

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Truth About Multi-Stage Firms; Why Portfolio Services are for VCs not Founders | Why Politics is Rife & Decision-Making is Broken in Large VCs | Why Reserves are Bad for Founders & How Boutique Firms Will Win with Mark Goldberg @ Chemistry

great feedback they were very sophisticated on their perspective in the market whether or not we aligned with that vision you know that was what made a great lp and i think ultimately what makes a great gp

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Truth About Multi-Stage Firms; Why Portfolio Services are for VCs not Founders | Why Politics is Rife & Decision-Making is Broken in Large VCs | Why Reserves are Bad for Founders & How Boutique Firms Will Win with Mark Goldberg @ Chemistry

great feedback they were very sophisticated on their perspective in the market whether or not we aligned with that vision you know that was what made a great lp and i think ultimately what makes a great gp

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Truth About Multi-Stage Firms; Why Portfolio Services are for VCs not Founders | Why Politics is Rife & Decision-Making is Broken in Large VCs | Why Reserves are Bad for Founders & How Boutique Firms Will Win with Mark Goldberg @ Chemistry

great feedback they were very sophisticated on their perspective in the market whether or not we aligned with that vision you know that was what made a great lp and i think ultimately what makes a great gp

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Truth About Multi-Stage Firms; Why Portfolio Services are for VCs not Founders | Why Politics is Rife & Decision-Making is Broken in Large VCs | Why Reserves are Bad for Founders & How Boutique Firms Will Win with Mark Goldberg @ Chemistry

We did have some funny stories from the fundraise itself. And at one point, I remember Christina was having what I thought was her best fundraising meeting. She's just, you know, really doing a nice job with her talking points. And I look over and she's, you know, laughing and having fun. I look over and it's nine o'clock in the morning.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Truth About Multi-Stage Firms; Why Portfolio Services are for VCs not Founders | Why Politics is Rife & Decision-Making is Broken in Large VCs | Why Reserves are Bad for Founders & How Boutique Firms Will Win with Mark Goldberg @ Chemistry

We did have some funny stories from the fundraise itself. And at one point, I remember Christina was having what I thought was her best fundraising meeting. She's just, you know, really doing a nice job with her talking points. And I look over and she's, you know, laughing and having fun. I look over and it's nine o'clock in the morning.