Mark Suster
Two-time entrepreneur turned venture capitalist, managing partner at Upfront Ventures in Los Angeles, author of the blog Both Sides of the Table.
Mark Suster did not write this page.
We collected these quotes from things they published elsewhere, and every quote links to where it was said. They have no account here and have not endorsed this site. Quotes are word for word; the short line under each one is our own restatement, not their wording. Their own site. Is this you? Claim it or ask us to remove it. Or tell us what is wrong here.
Filter All topics · Newest first
-
Their wordswe all began praying to the God of Valuation. It wasn’t always like this and frankly it took a lot of joy out of the industry for me personally.
↗Praying to the God of Valuationmedium.com 1st of 4 in this piece
-
Their wordsIt was nobody’s fault. It’s just a market. I find it funny when people try to blame VCs or LPs or CEOs as though anybody could choose to control a market.
↗Praying to the God of Valuationmedium.com 2nd of 4 in this piece
-
Their wordsBut the majority of the industry has always been made by amazing entrepreneurs who build out of the extreme spotlight of the industry and build 12-year “overnight successes” where they wake up and have $100m+ in revenue, positive EBITDA and a chance to control their own destiny.
↗Praying to the God of Valuationmedium.com 3rd of 4 in this piece
-
Their wordsSo we’re back to building real businesses. And that personally brings me way more joy than the obsession with valuations. I feel confident if we focus on the former the latter will take care of itself.
↗Praying to the God of Valuationmedium.com 4th of 4 in this piece
- 3 months earlier
-
Their wordsOur conclusion was that this isn’t a temporary blip that will swiftly trend-back up in a V-shaped recovery of valuations but rather represented a new normal on how the market will price these companies somewhat permanently.
↗What Does the Post Crash VC Market Look Like?medium.com 1st of 5 in this piece
-
Their wordsBut we’re confident that valuations will get reset. First in late-stage tech companies and then it will filter back to Growth and then A and ultimately Seed Rounds.
↗What Does the Post Crash VC Market Look Like?medium.com 2nd of 5 in this piece
-
Their wordsBut I believe it will be patiently deployed, waiting for a cohort of founders who aren’t artificially clinging to 2021 valuation metrics.
↗What Does the Post Crash VC Market Look Like?medium.com 3rd of 5 in this piece
-
Their wordsBut the way we see it is that in venture right now you have 2 choices — super size or super focus.
↗What Does the Post Crash VC Market Look Like?medium.com 4th of 5 in this piece
-
Our reading
Investors in any market need an edge: knowing a thesis or a person better than other investors.
Their wordsWe believe that investors in any market need “edge” … knowing something (thesis) or somebody (access) better than almost any other investor.
↗What Does the Post Crash VC Market Look Like?medium.com 5th of 5 in this piece