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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

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

And instead of a seltzer water, we had, you know, we're borrowing somebody's office. She had grabbed a white claw instead. And so she's drinking her second White Claw thinking that she's drinking seltzer water. And, you know, we had a few things like that where, you know, you just kind of have to laugh in hindsight.

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 instead of a seltzer water, we had, you know, we're borrowing somebody's office. She had grabbed a white claw instead. And so she's drinking her second White Claw thinking that she's drinking seltzer water. And, you know, we had a few things like that where, you know, you just kind of have to laugh in hindsight.

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 instead of a seltzer water, we had, you know, we're borrowing somebody's office. She had grabbed a white claw instead. And so she's drinking her second White Claw thinking that she's drinking seltzer water. And, you know, we had a few things like that where, you know, you just kind of have to laugh in hindsight.

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 we had to tell her afterwards, you know, we didn't want to stop the train at that point, but we had to tell her she wasn't drinking, you know, something that was that was seltzer water. Mark, did you have any terrible ones? The terrible ones were more misalignment, I would say, where we would get into a meeting and someone would ask us to pitch venture capital as an asset class.

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 we had to tell her afterwards, you know, we didn't want to stop the train at that point, but we had to tell her she wasn't drinking, you know, something that was that was seltzer water. Mark, did you have any terrible ones? The terrible ones were more misalignment, I would say, where we would get into a meeting and someone would ask us to pitch venture capital as an asset class.

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 we had to tell her afterwards, you know, we didn't want to stop the train at that point, but we had to tell her she wasn't drinking, you know, something that was that was seltzer water. Mark, did you have any terrible ones? The terrible ones were more misalignment, I would say, where we would get into a meeting and someone would ask us to pitch venture capital as an asset class.

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 had one or two of those where it was like, why is this asset class still worth investing in? That was more, again, an alignment challenge where if you're starting from that question, we're probably not in the right conversation. And we did have a few of those.

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 had one or two of those where it was like, why is this asset class still worth investing in? That was more, again, an alignment challenge where if you're starting from that question, we're probably not in the right conversation. And we did have a few of those.

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 had one or two of those where it was like, why is this asset class still worth investing in? That was more, again, an alignment challenge where if you're starting from that question, we're probably not in the right conversation. And we did have a few of those.

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

One of the best pieces of advice we got was build a diverse set of LPs and not in terms of the institutions you just described, fund to fund, family office, endowments and foundations, but people that think differently and think independently. And that's why I think we ended up with such an interesting mix of people that we almost didn't want people to correlate with one another.

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

One of the best pieces of advice we got was build a diverse set of LPs and not in terms of the institutions you just described, fund to fund, family office, endowments and foundations, but people that think differently and think independently. And that's why I think we ended up with such an interesting mix of people that we almost didn't want people to correlate with one another.

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

One of the best pieces of advice we got was build a diverse set of LPs and not in terms of the institutions you just described, fund to fund, family office, endowments and foundations, but people that think differently and think independently. And that's why I think we ended up with such an interesting mix of people that we almost didn't want people to correlate with one another.

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 I think it would have been very easy to do. And for people that go this route, where there's a lot of correlation between, hey, these are all alumni of the same institution. And so they're going to group things together. We wanted to avoid that. And I think we're very fortunate we were able to.

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 I think it would have been very easy to do. And for people that go this route, where there's a lot of correlation between, hey, these are all alumni of the same institution. And so they're going to group things together. We wanted to avoid that. And I think we're very fortunate we were able to.

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 I think it would have been very easy to do. And for people that go this route, where there's a lot of correlation between, hey, these are all alumni of the same institution. And so they're going to group things together. We wanted to avoid that. And I think we're very fortunate we were able to.

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

So we had a few groups that told us this is going to be a six month process. You know, there's no way to accelerate it. And after the meeting, we're kind of done in two weeks. And we loved that kind of speed to conviction. And that meant a lot. Some of those early conviction checks where, you know, we weren't sure exactly how long the fundraise would take.

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

So we had a few groups that told us this is going to be a six month process. You know, there's no way to accelerate it. And after the meeting, we're kind of done in two weeks. And we loved that kind of speed to conviction. And that meant a lot. Some of those early conviction checks where, you know, we weren't sure exactly how long the fundraise would take.

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

So we had a few groups that told us this is going to be a six month process. You know, there's no way to accelerate it. And after the meeting, we're kind of done in two weeks. And we loved that kind of speed to conviction. And that meant a lot. Some of those early conviction checks where, you know, we weren't sure exactly how long the fundraise would take.

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 having a few people say, like, we believe so much in what you're doing. We're going to make exceptions to do this quickly and to get behind you.