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Satya Patel on the state of VC, flexible investing frameworks & converting to evergreen | E1715
This Week in Startups
The Pain of Taking the Quick Win
Anker: Sometimes founders take the quick win. I did it myself with WebLogz Inc. When I sold it to AOL. And I needed to get that first win. But back then, you didn't have secondary investors. So instead of a 20 X or 30 X, we have two or 300 X. Anker: You never know. In our business, it works both ways. Like, there are investors in Snapchat who wanted Snapchat to sell at a billion dollars and Evan saw what it became.
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