20VC: The Memo: Bill Gurley, Doug Leone, Keith Rabois; Investing Lessons from Prior Busts, How Their Investor Psychology Changed, What Can Be Applied To Today’s Market
1st July 2022
Jeff Clavier is the Founder and Managing Partner of SoftTech VC, one of the most established seed VC firms in Silicon Valley, having closed 150 investments since 2004. An early angel investor in Web 2.0, Jeff and his team have backed successful startups like Mint (Intuit), Milo (eBay), Bleacher Report (Turner), Fitbit, Eventbrite, Sendgrid, Postmates and Vungle. The portfolio has also seen acquisitions by Groupon, Twitter, Facebook, Yahoo and AOL. The firm is currently investing out of its $85M Fund IV, making 16 commitments of $850K per year in mobile/cloud saas, consumer hardware, marketplaces and healthcare IT.
In Today’s Episode You Will Learn:
1.) How Jeff made his entry into the world of VC?
2.) In a time when hardware was not heavily invested in, what attracted Jeff to Fitbit?
3.) How did Jeff convince Brad to invest in Fitbit?
4.) What can startups do to standout in the crowded market that exists today?
5.) What do startups need to have to get a meeting with you at SoftTech?
6.) What VCs does Jeff most like to invest alongside?
Items Mentioned In Today’s Episode:
Jeff’s Fave Book: June by Gerbrand Bakker
For a more colourful look into Harry’s life, you can follow him on Instagram here!
20VC: Accel’s Sonali De Rycker on Building a Generational Defining Venture Firm; Hiring, Culture, Incentives | Investing; Biggest Mistakes, Biggest Lessons from Prior Crashes, Why Market Size is Dangerous to Focus On | Decision-Making; Type 1 vs Type 2 Risk and Optimising Investor Psychology
27th June 2022
20VC: From Kitchen Table to $134M Fund II; Raising Your First Time Fund: Lessons from 400 LP Meetings, How To Find New LPs, What Materials to Use, How To Get LPs To Commit, The Challenges on Minimum Check Sizes and GP Commits and more with Henri Pierre-Jacques, Managing Partner @ Harlem Capital
24th June 2022