The Capital Stack Sammy Abdullah of Blossom Street Ventures on being the “Anti-VC” and real talk on valuations in later funding rounds.
David Paul, founder of DWP Capital, is speaking with Sammy Abudullah, managing partner of Blossom Street Ventures. Sammy refers to his company as an anti-VC (venture capitalist). He has employed $39 million in venture capital in over 25 companies within 8 funds. Sammy Abudullah explains he does not operate like a traditional VC. He gets to a “no” within a phone call instead of taking weeks and months like traditional VC’s. He does not unicorn hunt. “The goal is not to go big or go broke.” He asks for 3x returns rather than 10x returns like traditional VC’s.
Sammy refers to himself as the VC of the People because he makes his email easily accessible, so people can reach out to him directly. “We are generalists because of how we approach the underwriting.” He spends a lot of time on content creation, which comes out of his research. He does the research and blogs about the metrics he found. He writes blogs about things like, The amount of net investment software companies took on prior to going IPO.
What You’ll Learn:
- Having a board to collaborate with is valuable.
- Advantages of flexibility, speed and transparency
- Quantitative approach with data analysis are critical
Favorite Quote:
“Even if you are the best at what you do, it's really nice to be accountable to somebody else in your peer group. ” - David Paul
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The Capital Stack
All Things Tech Investing and Value Creation
Early growth investor David Paul interviews the world's greatest ecosystem, learn how to start and scale your own business, and find an edge in today's capital markets. To connect with David, visit:
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IG - CLICK HERE
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DISCLAIMER:
David Paul is the founder and general partner at DWP Capital. All opinions expressed by David and podcast guests are solely their own opinions and do not reflect the opinions of DWP capital. This podcast is for informational purposes only and should not be relied upon for decisions. David and guests may maintain positions in the securities discussed on this podcast.