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Steve Tuck

๐Ÿ‘ค Speaker
958 total appearances

Appearances Over Time

Podcast Appearances

Oxide and Friends
Oxide's $200M Series C

No, I would be... There is like this kind of protracted period where it's kind of hanging out there for like 15 or 20 minutes and you can kind of see it having a limited number of upvotes.

Oxide and Friends
Oxide's $200M Series C

Maybe the world is just kind of sick of it.

Oxide and Friends
Oxide's $200M Series C

I can't really blame them at some level.

Oxide and Friends
Oxide's $200M Series C

It's like, these guys again.

Oxide and Friends
Oxide's $200M Series C

Did they just do this?

Oxide and Friends
Oxide's $200M Series C

Um, but so anyway, that's it.

Oxide and Friends
Oxide's $200M Series C

But I think we want to backtrack a little bit and maybe Adam, we can, um, explain why we raised the C so quickly after the B because I think, I, I, I think it's fair to say, Steve, that everybody, including employees was surprised by this.

Oxide and Friends
Oxide's $200M Series C

Um, I mean, Adam, I think it's fair to say that employees did not see this coming.

Oxide and Friends
Oxide's $200M Series C

So Steve, why did we raise?

Oxide and Friends
Oxide's $200M Series C

So we raised $100 million B.

Oxide and Friends
Oxide's $200M Series C

And here we are, not six months later, raising a $200 million Series C. I mean, have we not seen Silicon Valley?

Oxide and Friends
Oxide's $200M Series C

No, of course we've seen.

Oxide and Friends
Oxide's $200M Series C

You're saying I could have raised less?

Oxide and Friends
Oxide's $200M Series C

I could have raised less?

Oxide and Friends
Oxide's $200M Series C

I would say that one of the reasons it's not pleasant is that because it's so enticing.

Oxide and Friends
Oxide's $200M Series C

I mean, and I'm sure we've described this over the years before, but one of the problems we have at Oxide is that individual partners at VC firms fall head over heels in love with us.