In 30 Sekunden
Pagliuca argues that investors should consider their capital and price limits even when an opportunity is attractive.
- 1Bad dealsPagliuca warns against forcing a poor deal.
- 2CapitalHe says funding constraints matter.
- 3LimitsInvestors have different price limits.
Das Wichtigste
- A bad deal can be worse than a missed one.
- Consider funding capacity.
- Set limits appropriate to the strategy.
Den bearbeiteten Text nach Kapiteln lesen
Discipline in deals
Investor Steve Pagliuca says a bad deal can be worse than losing an opportunity.
Investor Steve Pagliuca says a bad deal can be worse than losing an opportunity.
He advises stepping back if the required capital may not be available, rather than forcing a deal that could become difficult to finance.
Price and capital
Pagliuca says investors differ in their price limits and available capital and describes following his own strategy in a deal that did not work out. This is his perspective, not personalized investment advice.
Pagliuca says investors differ in their price limits and available capital and describes following his own strategy in a deal that did not work out. This is his perspective, not personalized investment advice.
Mehr aus diesem Kanal
1:20:42EN
20VC with Harry Stebbings· 31. Okt. 2026Podcast · 2 StimmenDavid Tisch on Seed Investing, Ownership and Finding Outlier CompaniesGast: David Tisch · Moderation: Harry StebbingsThe BoxGroup founder discusses portfolio construction, competition for seed deals and the relationships behind venture investing.
1:00:17EN20VC with Harry Stebbings· 29. Okt. 2026Podcast · 3 StimmenHarry Stebbings, Jason Lemkin and Rory O’Driscoll on AI financing and venture betsGast: Jason Lemkin, Rory O’Driscoll · Moderation: Harry StebbingsThe investors debate AI lab economics, spending on infrastructure, open-model risks and how to evaluate fast-moving private investments.
23:48EN20VC with Harry Stebbings· 26. Okt. 2026Podcast · 2 StimmenSatya Nadella on Zero Trust for AI and Why Every Company Should Own Its IntelligenceGast: Satya Nadella · Moderation: Harry StebbingsThe Microsoft CEO argues that capable agents need security boundaries even as alignment research remains unsettled, and explains why firms should retain the value created by their own AI use.
1:13:26EN20VC with Harry Stebbings· 24. Okt. 2026Podcast · 2 StimmenNaveen Rao on Energy, AI Hardware, Verification and the Future of RoboticsGast: Naveen Rao · Moderation: Harry StebbingsThe Unconventional AI founder argues that energy efficiency will shape AI hardware, while the growing volume of model output makes verification more valuable.
59:41EN20VC with Harry Stebbings· 22. Okt. 2026Podcast · 3 Stimmen20VC: Venture Fund Size, AI Valuations and the Changing Software MarketGast: Jason Lemkin, Rory O’Driscoll · Moderation: Harry StebbingsHarry Stebbings, Jason Lemkin and Rory O'Driscoll debate venture concentration, infrastructure risk, code review and the assumptions behind fast-growing AI companies.
1:19:50EN20VC with Harry Stebbings· 19. Okt. 2026Podcast · 2 StimmenSameer Dholakia on AI Investing, Bessemer's Growth Strategy and Company CultureGast: Sameer Dholakia · Moderation: Harry StebbingsThe Bessemer partner explains his approach to pricing fast-growing AI companies, backing founders and building teams, while discussing the risks behind his optimistic forecasts.