Bill Gurley and Chetan Puttagunta – An Update on Consumer & Enterprise Venture Capital – [Invest Like the Best, EP.162]
My guests today are Bill Gurley and Chetan Puttagunta, both
partners at benchmark capital. We review the early stage investing world in the
face of coronavirus in a very timely conversation, which is one that will
remain valuable once this crisis is done. We discuss enterprise and consumer,
funding and growth, and the entrepreneurial spirit in the face of a crisis.
Please enjoy.
This episode is brought to by Koyfin.
Show Notes
1:44 – (First question) – Landscape for venture capital
ecosystem
6:47 – The experience in 2009 and the entrepreneurs that
tend to rise to the top
8:24 – The relationship between early stage companies and
public investors
10:45 – How this crisis impacts enterprise businesses vs the
broader corporate sector
14:46 – Advice for early stage companies in a period like
this
18:23 – What Chetan was doing during the last downturn and
what he learned during it
20:27 – Early stage vs late stage companies in this
environment
22:57 – On
the Road to Recap
23:00 – Benefits of being small in a period like this
25:22 – How portfolio companies are responding and pivoting
during this period
29:33 – Best practices for remote companies
31:39 – Themes that stand out during this period
34:51 – Closing thoughts
