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Nabeel Hyatt

👤 Person
615 total appearances

Appearances Over Time

Podcast Appearances

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why To Win in AI, Investors Need to Change Their Approach | Why VC is Run by Principals and Associates and is a Broken System | The Bull Case for Anthropic & Whether Deepseek Changes Their Strategy with Nabeel Hyatt @ Spark Capital

And so the casting for a founder needs to match the opportunity of that startup. You have to have good taste, especially in this world, and you have to be very fast. But where you are on that spectrum is incredibly illuminating. You mentioned earlier you were looking at a company that was like very, very competitive and of 35. Should I invest in this thing? It's like, well,

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why To Win in AI, Investors Need to Change Their Approach | Why VC is Run by Principals and Associates and is a Broken System | The Bull Case for Anthropic & Whether Deepseek Changes Their Strategy with Nabeel Hyatt @ Spark Capital

And so the casting for a founder needs to match the opportunity of that startup. You have to have good taste, especially in this world, and you have to be very fast. But where you are on that spectrum is incredibly illuminating. You mentioned earlier you were looking at a company that was like very, very competitive and of 35. Should I invest in this thing? It's like, well,

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why To Win in AI, Investors Need to Change Their Approach | Why VC is Run by Principals and Associates and is a Broken System | The Bull Case for Anthropic & Whether Deepseek Changes Their Strategy with Nabeel Hyatt @ Spark Capital

That's an execution play. That person needs to be in the top 0.0005% on the planet of being able to execute because the roadmap ideally is probably pretty clear. And even if it's not clear, some competitor's about to do it tomorrow. And so you could see it and you can run faster than them.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why To Win in AI, Investors Need to Change Their Approach | Why VC is Run by Principals and Associates and is a Broken System | The Bull Case for Anthropic & Whether Deepseek Changes Their Strategy with Nabeel Hyatt @ Spark Capital

That's an execution play. That person needs to be in the top 0.0005% on the planet of being able to execute because the roadmap ideally is probably pretty clear. And even if it's not clear, some competitor's about to do it tomorrow. And so you could see it and you can run faster than them.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why To Win in AI, Investors Need to Change Their Approach | Why VC is Run by Principals and Associates and is a Broken System | The Bull Case for Anthropic & Whether Deepseek Changes Their Strategy with Nabeel Hyatt @ Spark Capital

That's an execution play. That person needs to be in the top 0.0005% on the planet of being able to execute because the roadmap ideally is probably pretty clear. And even if it's not clear, some competitor's about to do it tomorrow. And so you could see it and you can run faster than them.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why To Win in AI, Investors Need to Change Their Approach | Why VC is Run by Principals and Associates and is a Broken System | The Bull Case for Anthropic & Whether Deepseek Changes Their Strategy with Nabeel Hyatt @ Spark Capital

And if you can aggregate everybody's innovation that's happening industry across all 25 of your competitors, you will win. There's many other situations, especially for the deals that we do at Spark, which are often creating a new market that didn't exist before. You have to have incredible taste.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why To Win in AI, Investors Need to Change Their Approach | Why VC is Run by Principals and Associates and is a Broken System | The Bull Case for Anthropic & Whether Deepseek Changes Their Strategy with Nabeel Hyatt @ Spark Capital

And if you can aggregate everybody's innovation that's happening industry across all 25 of your competitors, you will win. There's many other situations, especially for the deals that we do at Spark, which are often creating a new market that didn't exist before. You have to have incredible taste.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why To Win in AI, Investors Need to Change Their Approach | Why VC is Run by Principals and Associates and is a Broken System | The Bull Case for Anthropic & Whether Deepseek Changes Their Strategy with Nabeel Hyatt @ Spark Capital

And if you can aggregate everybody's innovation that's happening industry across all 25 of your competitors, you will win. There's many other situations, especially for the deals that we do at Spark, which are often creating a new market that didn't exist before. You have to have incredible taste.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why To Win in AI, Investors Need to Change Their Approach | Why VC is Run by Principals and Associates and is a Broken System | The Bull Case for Anthropic & Whether Deepseek Changes Their Strategy with Nabeel Hyatt @ Spark Capital

Real taste. And I'd say granola is a great example of a situation where everybody else competing in that market would have taken the execution angle. They would have built a me too product, slight arbitrage, looks like fireflies or any of the other things with like a little bit faster or maybe a chat bot in a slightly larger box or whatever it is.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why To Win in AI, Investors Need to Change Their Approach | Why VC is Run by Principals and Associates and is a Broken System | The Bull Case for Anthropic & Whether Deepseek Changes Their Strategy with Nabeel Hyatt @ Spark Capital

Real taste. And I'd say granola is a great example of a situation where everybody else competing in that market would have taken the execution angle. They would have built a me too product, slight arbitrage, looks like fireflies or any of the other things with like a little bit faster or maybe a chat bot in a slightly larger box or whatever it is.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why To Win in AI, Investors Need to Change Their Approach | Why VC is Run by Principals and Associates and is a Broken System | The Bull Case for Anthropic & Whether Deepseek Changes Their Strategy with Nabeel Hyatt @ Spark Capital

Real taste. And I'd say granola is a great example of a situation where everybody else competing in that market would have taken the execution angle. They would have built a me too product, slight arbitrage, looks like fireflies or any of the other things with like a little bit faster or maybe a chat bot in a slightly larger box or whatever it is.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why To Win in AI, Investors Need to Change Their Approach | Why VC is Run by Principals and Associates and is a Broken System | The Bull Case for Anthropic & Whether Deepseek Changes Their Strategy with Nabeel Hyatt @ Spark Capital

And they would try to run faster than their competitors. Chris, his product changed completely from the seed round to the series A, which we led like complete reset, even though the internal metrics were okay. And it was because it didn't feel right to him. He could kind of like self-inspect and realize it wasn't working.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why To Win in AI, Investors Need to Change Their Approach | Why VC is Run by Principals and Associates and is a Broken System | The Bull Case for Anthropic & Whether Deepseek Changes Their Strategy with Nabeel Hyatt @ Spark Capital

And they would try to run faster than their competitors. Chris, his product changed completely from the seed round to the series A, which we led like complete reset, even though the internal metrics were okay. And it was because it didn't feel right to him. He could kind of like self-inspect and realize it wasn't working.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why To Win in AI, Investors Need to Change Their Approach | Why VC is Run by Principals and Associates and is a Broken System | The Bull Case for Anthropic & Whether Deepseek Changes Their Strategy with Nabeel Hyatt @ Spark Capital

And they would try to run faster than their competitors. Chris, his product changed completely from the seed round to the series A, which we led like complete reset, even though the internal metrics were okay. And it was because it didn't feel right to him. He could kind of like self-inspect and realize it wasn't working.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why To Win in AI, Investors Need to Change Their Approach | Why VC is Run by Principals and Associates and is a Broken System | The Bull Case for Anthropic & Whether Deepseek Changes Their Strategy with Nabeel Hyatt @ Spark Capital

And that takes real taste, but he's in a competitive market to be clear and he knows it. Like he's gotta be pretty high on the execution path as well.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why To Win in AI, Investors Need to Change Their Approach | Why VC is Run by Principals and Associates and is a Broken System | The Bull Case for Anthropic & Whether Deepseek Changes Their Strategy with Nabeel Hyatt @ Spark Capital

And that takes real taste, but he's in a competitive market to be clear and he knows it. Like he's gotta be pretty high on the execution path as well.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why To Win in AI, Investors Need to Change Their Approach | Why VC is Run by Principals and Associates and is a Broken System | The Bull Case for Anthropic & Whether Deepseek Changes Their Strategy with Nabeel Hyatt @ Spark Capital

And that takes real taste, but he's in a competitive market to be clear and he knows it. Like he's gotta be pretty high on the execution path as well.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why To Win in AI, Investors Need to Change Their Approach | Why VC is Run by Principals and Associates and is a Broken System | The Bull Case for Anthropic & Whether Deepseek Changes Their Strategy with Nabeel Hyatt @ Spark Capital

And that is where I think the best founders can manage and understand at any given moment, what is the muscle that I'm using and how am I using it? I think the mistakes for founders is realizing that one, I like got them wrong on one of these accesses quite a lot. Or I casted correctly. Like maybe you casted somebody who was very execution oriented with a good amount of taste.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why To Win in AI, Investors Need to Change Their Approach | Why VC is Run by Principals and Associates and is a Broken System | The Bull Case for Anthropic & Whether Deepseek Changes Their Strategy with Nabeel Hyatt @ Spark Capital

And that is where I think the best founders can manage and understand at any given moment, what is the muscle that I'm using and how am I using it? I think the mistakes for founders is realizing that one, I like got them wrong on one of these accesses quite a lot. Or I casted correctly. Like maybe you casted somebody who was very execution oriented with a good amount of taste.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why To Win in AI, Investors Need to Change Their Approach | Why VC is Run by Principals and Associates and is a Broken System | The Bull Case for Anthropic & Whether Deepseek Changes Their Strategy with Nabeel Hyatt @ Spark Capital

And that is where I think the best founders can manage and understand at any given moment, what is the muscle that I'm using and how am I using it? I think the mistakes for founders is realizing that one, I like got them wrong on one of these accesses quite a lot. Or I casted correctly. Like maybe you casted somebody who was very execution oriented with a good amount of taste.