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20VC: Bessemer's Byron Deeter on The Commonalities Of Truly Great Founders and Learnings From Investing In Box, Twilio and GainSight

20VC: Bessemer's Byron Deeter on The Commonalities Of Truly Great Founders and Learnings From Investing In Box, Twilio and GainSight

FromThe Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch


20VC: Bessemer's Byron Deeter on The Commonalities Of Truly Great Founders and Learnings From Investing In Box, Twilio and GainSight

FromThe Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

ratings:
Length:
28 minutes
Released:
May 2, 2016
Format:
Podcast episode

Description

Byron
Deeter is a Partner at Bessemer Venture Partners. Prior to being a VC,
Byron himself was a veteran cloud CEO &
Founder returning to venture capital in 2005 to lead
Bessemer’s global cloud practice where he has been actively
involved with over 100 cloud investments representing a third of
the market cap of all public cloud companies. Byron has lead
investments in the likes of Box, Twilio, Intercom, Cornerstone On
Demand and many many more. Byron's pedigree is recognised globally
as he is consistently ranked one of the top global investors
across all industries.
In Today’s Episode You
Will Learn:

1.) How did Byron make his way into VC from being a veteran
cloud CEO and Founder?
2.)  What are the commonalities angst the truly exceptional
operators that Byron has worked with? What is it that makes the
likes Aaron Levie so special?
3.) We saw a $63bn drop in late stage SaaS valuations, so what
does this really mean for the early guys? In these markets should
founders be placing greater emphasis on unit economics?
4.) With the increasing importance of customer retention will we
see further increased growth in the field of customer success?
How important is it really now for startups?
5.) How does Byron define efficient growth, what does cash is
king mean? Where does Byron stand on the bottoms up sales approach,
is this the new sales method of the 21st century?
6.) What have been the biggest takeaways for Byron of watching
Box, Sendgrid, Twilio go into hyper growth mode and scale into the
rocketships that they are


Items Mentioned In Today’s
Episode: 


Byron’s Fave Book: The Everything Store 
Byron's Fave Productivity Tools: Clutter
Byron's Fave Blog: Bleacher
Report, Techcrunch 
Byron’s Most Recent Investment: Rainforest
QA

As always you can follow The
Twenty Minute VC, Harry and Byron on Twitter here!
If you would like to see a more colourful side to Harry with
many a mojito session, you can follow him on Instagram here!
 
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Released:
May 2, 2016
Format:
Podcast episode

Titles in the series (100)

The Twenty Minute VC takes you inside the world of Venture Capital, Startup Funding and The Pitch. Join our host, Harry Stebbings and discover how you can attain funding for your business by listening to what the most prominent investors are directly looking for in startups, providing easily actionable tips and tricks that can be put in place to increase your chances of getting funded. Although, you may not want to raise funding for a startup. The Twenty Minute VC also provides an instructional guide as to what it takes to get employed in the Venture Capital industry, with VCs giving specific advice on how to get noticed from the crowd and increasing your chances of employment. If that wasn't enough our amazing Venture Capitalists also provide their analysis of the current technology market, providing advice and suggestions on the latest investing trends and predictions. Join us so you can see how you can get BIG, powerful improvements, fast. Would you like to see more of The Twenty Minute VC, head on over to www.thetwentyminutevc.com for more information on the podcast, show notes, resources and a more detailed analysis of the technology and Venture Capital industry.