Posted on seventeenth June 2024 by Harry
Danny Rimer is a Companion @ Index Ventures and one of the outstanding VCs of the final twenty years. Danny has led Index to be one of many high international companies on either side of the Atlantic. Amongst Danny’s unbelievable portfolio, he has led or been concerned with Figma, Discord, Dream Video games, Etsy, Glossier and Patreon.
In Right now’s Dialogue with Danny Rimer We Cowl:
1. The Largest Classes from Lacking Snap, Airbnb, Spotify and Fb:
- How did Danny miss investing in Brian Chesky and Airbnb when Brian says “Index is the perfect investor that Airbnb by no means had”?
- What was Danny’s greatest takeaway from turning down Daniel Ek and Spotify a number of instances?
- Why did Danny flip down the possibility to spend money on Fb at $10BN? What did he study from this?
- Why did Index not lead Snapchat’s Sequence B? How did that call change Danny’s mindset in direction of the focus of positions in a fund?
2. The Largest BS Guidelines in Enterprise: Market Sizing, Valuations and Signalling
- Why does Danny consider that “valuation is a psychological entice”?
- Why does Danny consider that TAM is “noise” and shouldn’t be used to evaluate an funding?
- Why does Danny consider that stage and geo-specific funds are BS?
- Why does Danny consider there aren’t any IPO home windows? Are IPO markets all the time open to the perfect?
- Why does Danny consider that signalling is BS and doesn’t exist at the moment?
3. Classes from the Largest Wins and Losses:
- What are Danny’s greatest classes from Index’s $BN win in King (Sweet Crush)?
- How did the Discord deal come to be? What are Danny’s greatest takeaways from it?
- What are Danny’s greatest reflections from shedding 10s of thousands and thousands on Nasty Gal?
- What’s Danny’s greatest recommendation to a brand new investor at the moment?
4. Classes from Two Many years Constructing Index right into a Premier Agency:
- What particularly has Index accomplished to allow them to do what nobody else has accomplished and win on either side of the Atlantic?
- How did the Benchmark partnership form a lot of how Danny has constructed Index at the moment?
- Who does Danny view as Index’s greatest competitors? How has it modified with time?
- Why is Danny extra bullish than ever on the UK regardless of Brexit?
