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20 VC 006: Google Glass & Founding Teams: Ifty Ahmed, General Partner at Oak Investment Partners. Ifty started his career with Goldman Sachs and Fidelity Ventures before joining Oak Investment Partners in 2003. He currently focuses on investing across the technology sector with an active... by The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The PitchUNLIMITED
20VC: Sequoia's Pat Grady on What Sequoia Is Focused On Today, How Sequoia Think About Investment Decision-Making Processes & Why It Is Important To T…
FromThe Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
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20VC: Sequoia's Pat Grady on What Sequoia Is Focused On Today, How Sequoia Think About Investment Decision-Making Processes & Why It Is Important To T…
FromThe Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
ratings:
Length:
37 minutes
Released:
Jul 1, 2019
Format:
Podcast episode
Description
Pat Grady is a Partner @ Sequoia, one of the world's leading and most renowned venture firms with a portfolio including WhatsApp, Zoom, Stripe, Airbnb, Github and many more incredible companies. As for Pat, at Sequoia he co-leads the firms growth investment team and has been involved with some of the true greats, Hubspot, Zoom, Okta, Qualtrics, the list goes on. Prior to Sequoia Pat spent three years with Summit Partners. In Today’s Episode You Will Learn: 1.) How Pat made his way from Summit Partners to co-leading Sequoia's growth investment team? Was it intimidating for Pat entering a partnership with Jim Goetz, Don Valentine, Roelof Botha? How did he manage those nerves? 2.) So many different funds and activities, so what is Sequoia focused on today? Where does Sequoia think about their ideal insertion point today? How do they see the deployment of their blended capital across rounds? Does Pat believe in ownership on first check or building ownership over time? How does Pat think about the extended window of privatisation with IPOs being continuously delayed? 3.) Does Pat believe that VC really is a team sport today? Does Pat agree with Josh Kopelman's statement, "I would rather be a better picker of partners than investments"? What are the core requirements, skills and traits that Sequoia looks for when adding to their partnership? 4.) What is the investment decision-making process at Sequoia? How do they feel about unanimity vs conviction based investment decisions? What are the pros and cons of each? What does Pat believe is the most non-obvious investment decision that Sequoia have made? Sequoia run an incredibly rigorous process when investing, how does Pat balance between that level of rigour with the speed to win the deal? 5.) What advice would Pat give to someone that has just gained their first institutional board? What does Pat know now that he wishes he had known when he started in VC? How does Pat think about time allocation across the portfolio? Concentrate on winners or the strugglers are where your reputation is built? Leading Sequoia Growth and with a beautiful family, how does Pat approach work/life balance? Items Mentioned In Today’s Show: Pat’s Fave Book: God Friended Me Pat’s Most Recent Investment: Embark: Revolutionizing Commercial Transport As always you can follow Harry, The Twenty Minute VC and Pat on Twitter here! Likewise, you can follow Harry on Instagram here for mojito madness and all things 20VC.
Released:
Jul 1, 2019
Format:
Podcast episode
Titles in the series (100)
- 21 min listen