Every week I’ll provide updates on the latest trends in cloud software companies. Follow along to stay up to date! Reinventing Founder Friendliness - Back to the Future This week I joined Ed Sim (Founder and Managing Partner at Boldstart Ventures) on
I appreciate this newsletter, Jamin, particularly bridging private<>public valuations to ground our thinking. On first principles I agree with this post- the challenge is neither side (founder<>investor) has incentive aligned to having this hard convo. Founders admitting lack of PMF is a death knell and investors lose their call option in the portfolio plus have to actually help unwind a business which is not in the kurtosis side of the distribution and therefore spending any time on it is wasted.
It follows that if you want to see this happen- it would take some sort of real catalyst. Have you looked into how an Altimeter “zombie fund” could work?
Hey Jamin, thoughts on All-In podcast comments from last week stating eventual price and margin compression on software given that companies are substituting software for creating internally? Specifically high cost software. I´m curious in your take and what you see in the market getting disrupted short or medium term?
I appreciate this newsletter, Jamin, particularly bridging private<>public valuations to ground our thinking. On first principles I agree with this post- the challenge is neither side (founder<>investor) has incentive aligned to having this hard convo. Founders admitting lack of PMF is a death knell and investors lose their call option in the portfolio plus have to actually help unwind a business which is not in the kurtosis side of the distribution and therefore spending any time on it is wasted.
It follows that if you want to see this happen- it would take some sort of real catalyst. Have you looked into how an Altimeter “zombie fund” could work?
Hey Jamin, thoughts on All-In podcast comments from last week stating eventual price and margin compression on software given that companies are substituting software for creating internally? Specifically high cost software. I´m curious in your take and what you see in the market getting disrupted short or medium term?