Justin Ouyang (@justindouyang) 's Twitter Profile
Justin Ouyang

@justindouyang

early stage VC | angel investor | LP ▫️former operator from startups like @slackhq, @intercom, @zenefits ▫️often found climbing 🧗

ID: 1428504014723764225

calendar_today19-08-2021 23:48:49

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Justin Ouyang (@justindouyang) 's Twitter Profile Photo

I’m hosting another climbing event in #sf on 11/1 for founders, investors, operators All levels welcome. We’ll get you a day pass and teach you the basics! We have a few spots left, so reply or DM and I’ll send you an invite

Christina Farr (@chrissyfarr) 's Twitter Profile Photo

I asked an investor friend about the ideal personality for a founder/CEO & liked this response At a dinner party: - they’re the one making an exec decision on the menu, considering dietary restrictions - but they delegate the job of picking wine to a more knowledgeable guest

Bob Elliott (@bobeunlimited) 's Twitter Profile Photo

Years ago I led research on the GFC and was way out front suggesting trillions in losses, so I know a little something about crummy banks. Getting panicked calls about the risk of SVB deposit losses, a bank with: 1) 15% tier 1 2) 40% LTV 3) 100% deposit liquidity coverage

Mark Suster (@msuster) 's Twitter Profile Photo

1/ What next at SVB? Nobody knows but here's what I suspect: - Reports that they can't raise equity, looking for a buyer of the business - Trading halted on their shares - We suspect they will find a buyer that will emerge today or over the weekend What if not?

Parker Conrad (@parkerconrad) 's Twitter Profile Photo

We (Rippling) discovered yesterday that Silicon Valley Bank had unexpected solvency challenges. Just now, we learned that the FDIC had stepped in and effectively shut down SVB.

Justin Ouyang (@justindouyang) 's Twitter Profile Photo

Reflecting on the Adobe/Figma news today, it's a reminder that $10b+ outcomes are very hard to come by. This is going to shift expectations for growth investors in B2B SaaS. Valuations will come down, of course, but we may also see more pressure on founders to exit sooner...