Smash Notes

What Did Dave Mcclure's Early Wins Have in Common

Although founders were compelling and the ideas were good, mostly non of the early winners in Dave's portfolio were oversubscribed. They were all raising money in 2008-2010 times when fundraising was tough.

The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch · 20VC: 500 Startups' Dave McClure on Whether Unicorns Are Necessary For Venture Returns & Why Ownership Is Not The Math To Think About When Investing · at 5:12 · ·Transcript

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