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Ramtin Naimi

๐Ÿ‘ค Speaker
1465 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Ramtin Naimi - Building Abstract - [Invest Like the Best, EP.435]

The most complimentary people would say that we've become one of the leading seed firms in Silicon Valley in a relatively short period of time, that we have a great reputation among our founders.

Invest Like the Best with Patrick O'Shaughnessy
Ramtin Naimi - Building Abstract - [Invest Like the Best, EP.435]

We're routinely referred to as the most trusted investor on the cap table of our portfolio companies.

Invest Like the Best with Patrick O'Shaughnessy
Ramtin Naimi - Building Abstract - [Invest Like the Best, EP.435]

I think a lot of the multi-stage firms would consider us their most trusted seed stage venture capital firm partner.

Invest Like the Best with Patrick O'Shaughnessy
Ramtin Naimi - Building Abstract - [Invest Like the Best, EP.435]

And I think some would say that we've achieved a lot more success than other people have that have started a venture capital firm in the same time duration that we have.

Invest Like the Best with Patrick O'Shaughnessy
Ramtin Naimi - Building Abstract - [Invest Like the Best, EP.435]

I'd say the people that would say critical things would probably say that we're like

Invest Like the Best with Patrick O'Shaughnessy
Ramtin Naimi - Building Abstract - [Invest Like the Best, EP.435]

heat seekers, signal chasers, which wouldn't have been inaccurate if you said that six or seven years ago, because a lot of the model was aligned, was around how do I get into deals alongside those firms, which candidly I had to because I wouldn't be able to raise SPBs otherwise.

Invest Like the Best with Patrick O'Shaughnessy
Ramtin Naimi - Building Abstract - [Invest Like the Best, EP.435]

That's why the SPBs raised the money they did, right?

Invest Like the Best with Patrick O'Shaughnessy
Ramtin Naimi - Building Abstract - [Invest Like the Best, EP.435]

That was my go-to-market strategy.

Invest Like the Best with Patrick O'Shaughnessy
Ramtin Naimi - Building Abstract - [Invest Like the Best, EP.435]

But over time, I think we became the signal.

Invest Like the Best with Patrick O'Shaughnessy
Ramtin Naimi - Building Abstract - [Invest Like the Best, EP.435]

But I think people still tend to hold on to old narratives.

Invest Like the Best with Patrick O'Shaughnessy
Ramtin Naimi - Building Abstract - [Invest Like the Best, EP.435]

So I could totally see that being a case.

Invest Like the Best with Patrick O'Shaughnessy
Ramtin Naimi - Building Abstract - [Invest Like the Best, EP.435]

On the earlier days, we were high volume.

Invest Like the Best with Patrick O'Shaughnessy
Ramtin Naimi - Building Abstract - [Invest Like the Best, EP.435]

We're not anymore as a firm.

Invest Like the Best with Patrick O'Shaughnessy
Ramtin Naimi - Building Abstract - [Invest Like the Best, EP.435]

I think we invest in 14 net new seed deals per year, which is a little over one deal per month.

Invest Like the Best with Patrick O'Shaughnessy
Ramtin Naimi - Building Abstract - [Invest Like the Best, EP.435]

So I don't think we're high volume today by any means.

Invest Like the Best with Patrick O'Shaughnessy
Ramtin Naimi - Building Abstract - [Invest Like the Best, EP.435]

But as again, people tend to stick to old narratives and people will say that we're high volume and they're all call options, which I just would say is not true.

Invest Like the Best with Patrick O'Shaughnessy
Ramtin Naimi - Building Abstract - [Invest Like the Best, EP.435]

I think Gagosian has a really cool story.

Invest Like the Best with Patrick O'Shaughnessy
Ramtin Naimi - Building Abstract - [Invest Like the Best, EP.435]

He was a total outsider with no relevant pedigree.

Invest Like the Best with Patrick O'Shaughnessy
Ramtin Naimi - Building Abstract - [Invest Like the Best, EP.435]

And he was kind of just dismissed his first few years or first decade until he ultimately became the leading guy in the category.

Invest Like the Best with Patrick O'Shaughnessy
Ramtin Naimi - Building Abstract - [Invest Like the Best, EP.435]

Now, I'm