korrents
Mark Suster

What Mark Suster thinks about startups

@mark-suster · 9 positions · On ppll ↗

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 startups · Newest first
Topic
All 9startups 6venture capital 3investing 1
Sort
NewestOldest

Only Mark Suster on startups. See everyone on startups

6 dated positions, 2022, in their own words. Our reading of what Mark Suster has said — not written or endorsed by them.

  1. Our readingThe startup industry's obsession with valuation from 2015 to 2021 took the joy out of venture capital.

    venture capital

    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

  3. Our readingMost of the startup industry is built by founders working outside the spotlight for a decade, not by outliers.

    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

  5. Our readingIf startups focus on building real businesses, valuations will take care of themselves.

    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

  6. 3 months earlier

  7. Our readingPrivate startup valuations will be reset, from late stage down to seed.

    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

  9. Our readingThe money waiting on the VC sidelines will be deployed patiently, to founders not clinging to 2021 valuations.

    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

  11. Our readingIn venture capital today a firm must choose between super size and super focus.

    venture capital

    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