YouSaid · the spoken record

Megan Quinn

lines on the record: 138
first: 2017-12-20
most recent: 2017-12-20
sittings or episodes: 1
sources: podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

“Nama B of Venture Capital is for the foreseeable future. It's a commitment when you become a VC, it's a little bit like getting married to a group. I mean, you're in it for the long haul. So my plan is to continue to build out Sparks Growth Fund with Jeremy and team. And have a lot of fun and hopefully a lot of success along the way.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“But they've been able to work with an industry that's incredibly difficult and archaic and get to a point where, again, toothpaste out of the tube, like you're not going to pull the music out of Spotify at this point.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“In the next year I think Airbnb, I think I'm not an investor anymore. I was a cliner. I think Dropbox. I don't think Uber. Oh, I gave you two If they don't get taken off the table, I'm not an investor in Spotify and I have no proprietary knowledge. It's been interesting to me that Google hasn't taken them off the table or Apple hasn't taken them off the table. They all have reasons, but again, you know, coming back to.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“Oh, that's short term. You know, there's a lot that's changing. You know, I think on the VC industry side, I really do think that the fears around there's being so much money. How are we ever going to be able to invest and make returns is actually going to result in a flight back to quality, ironically enough? I think some people are going to lose their shirts on ICOs and ICOs are going to become not just regulated, but heavily regulated. I think there'll be more cryptocurrencies that perform like Bitcoin. And by perform, I don't mean the volatility, but I mean reach the level where my grandfather's asking about it at Thanksgiving and that it won't just be for speculative store of value, but actually for transactions. I don't know what company”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“They do They do. So actually, this brings me to another. We spend a bunch of times with various genome sequencing companies because the price of genome sequencing is obviously collapsed over the last five years. And you can sequence your genome from everything from am I at risk to get breast cancer to what wine is most appropriate for my palate. That's actually something for”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“Omnipresent AI Well, actually, what we're looking for is applied AI, which is like it's great that you've got a company that does AI. We want to see actual material changes either to a customer or to an experience because of AI. I agree. And so that's the thing that we're waiting for. We think we'll start to see that. I just ran into.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“Yes, which will change a lot of different things over a period of time, car ownership, what it means to commute, all of those things. So I think that's a short-term one. AI is the standard bearer for BCs these days, if you don't mention AI, you get kicked out of the club. But I will say applied AI is really what we're looking for.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“We were the lead investors in cruise, so they sold to GM. We are not on the board any longer, but we obviously know that team really well. Our venture stage team is definitely. Again, we need to get a company to a certain stage before it makes sense for a growth fund.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“But I think that instead of having one off, two off, three off cars and different test cities, next year's really going to be the year where we receive fleets in streets, operating completely autonomously, picking up normals, not engineers. And so I think it'll be a real learning year, not necessarily for tech, but for society at large.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“Well, I already made one, which is I do think that we're moving towards a world of more fully distributed workforces, and that's enabled by technology and driven by talent in the war for talent. In terms of the short term, like next year, for example, I think next year will be a really pivotal year in self-driving cars, not to take a hard right, no pun intended, into a completely different area.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“I would agree. You have to start a company like that too. I think Rico would start at all things D. We were in my house, but not really. Everybody was somewhere else. So people were used to it. You have to sort of develop a workforce that's not used to a central.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“There's certainly an amount of overhead, but even unemployee engagement, I'm going to pick on ambition again because I'm just coming out of a board meeting, so it's top of mind. But even in vision, they have the highest employee engagement across of our portfolio. And this is because people collaborate across time zones, across countries, across teams. They don't have to get on an elevator to go see someone else on this floor. Everyone feels instantly accessible at the end of their fingertips.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“I love that idea, but I have to say, in practice, I spend so much of my time with my conference calls dropping the New York office Wi-Fi is bad. So this call can't connect. And then also I think you wind up creating a lot of cultural problems for yourself when you're a distributed workforce and people feel really disconnected from one another. I'm willing to believe we're going to see a lot more distributed workforces for all the reasons you just mentioned, but I think those businesses wind up having a lot of really tough management work that they have to do that I think a lot aren't good at.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“Business is a fully distributed team, and we are starting to see that trend accelerate across the rest of the portfolio. And it's usually the lack of talent or the ability to bring in talent because there's just only so many people that we can fit in these seven by seven square miles that forces these companies to do it. But then they realize.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“I think it's completely changed. The war for talent in San Francisco and the Bay Area at large has forced companies to at least open second offices in what you might call second tier cities, like the Phoenixes of the world or the Waterloo or Vancouvers and so on and so forth. And I think that that trend is only going to accelerate. If you actually ask me what is a prediction that you have for the future going out a couple more years, I think these fully distributed teams are the way that we are moving across the tech industry. So I'm an investor in a company called Envision. It's about 400 people. It's a design platform. I would say it's based in New York City because the CEO lives in New York City. The entire group of 400 people is fully distributed around the world. And we used to say a venture capital wasn't that long ago because I was there that you all need to be in headquarters. You need to have that pressure of we're all building this together. We're on deadline together. And they have built in very meaningful.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“About bringing tech elsewhere because this isn't a theme that I'm very interested in, not just visiting them like Mark and Zuckerberg does, but in more of a, you have a company in North Carolina, most venture capitalists really do fund here. They really do. I mean, they have a MIFID.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“I think they have a foundational role in the conversation writ large across the US. I think what we're learning the hard way is that we don't just get to be a member of that conversation when times are good and we like the guy in office. If anything, frankly, we have even more of a responsibility to stand up, articulate our principles, and actually act on those principles in times where we don't necessarily agree with the person in office or the way that things are trending. And I do start to see that there are folks, Aaron Levy's been outspoken, Sundar to a certain extent. Mark did his walk around the US. There have been different versions of that effort, but I think that this is all a part of a growing up and realizing that we have a voice at the table, we have an opportunity to be around the table, and we can't just do it if it's Obama or some other Democrat. Like, we need to engage and represent Americans, both the ones that work for us as our employees and”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“that you can't hide like your open secrets like you were talking about everything has with it is fraught with the with the concept and I do think these company leaders are worried. I've been called recently this week by lots of CEOs at big companies saying boy we're really in trouble aren't we kind of thing and so I think do you think what where is Silicon Valley's responsibility in that especially the big companies”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“Up the maturity in a lot of ways of startups, even in terms of how they operate on a day-to-day basis. Now, that's not across the board and there's still a lot of bad actors, but entrepreneurs look up to these folks aspirationally and want to build for the long term and recognize that building for the long term entails carrying yourself and operating in a certain Point of view and with a certain amount of respect.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, I think you've seen the balance of power from an industry perspective, obviously shift from New York and the East Coast to the Bay Area, and that's come with banking to technology as technology continues to serve as not just the underpinning of the economy, but of how we all work and what we do in our free time and of culture in many different facets. But I do think is changing, though, is this notion of it being young, brash men, Peter Pan people, actually. When I look across our portfolio, there's not that many that would qualify in that statement. In fact, I think what the average age of an entrepreneur these days is 38, 39. And so I think that that has been the MO for a long period of time. But Silicon Valley has had to grow up. And as the big tech companies, whether it's Amazon, Google, Facebook, whatever, have been forced to grow up in the eye of regulators and various other investigations, I think that that's pulled.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“Talk about how you could accomplish real change. I hope some of these entrepreneurs are rethinking their holiday parties, right? We're in holiday party season, and you read so many of these stories, and holiday parties are this recurring feature where people drink to excess and do terrible things. Yeah.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“This notion of open secrets, when people talk about that, there are a lot of open secrets that aren't yet in print. And what I think when people say open secrets is the sort of rumor mill around specific people or incidents or things that are hard to then translate into facts and then ultimately into a story. So I know it will take time. But I think we're still in the early days.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“Thanks, dude. You know what? It happened. We had a history at Recoat after them, and I'm not going to invest in women entrepreneurs. I don't want to, can't be any confusion. And I was like, you can't control yourself. That couldn't be the option, which I think is interesting. So I wonder if it's going to, I mean, I do wonder if it's going to last or be sort of, let's wait till this one passes.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“Sometimes it's a CYA thing, you know, cover your ass more than anything, and in a lot of ways what's interesting about a lot of the reaction is people assessing what they did, like a lot of men doing that. Like maybe I did this wrong, maybe I did that. And it's usually the good men that are doing that, not the horrible men, which is always typical of that. But it's also that backlash of like, well, we can't make everybody bad. We're going to mic pence these lunches and we're going to not let. Oh, you ever heard that expression? No. Some venture capitalists in the valley talk about that. I'm going to mic pence a lunch, meaning there'll be another person at these lunches or.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“It's hard for me to say how much has changed in the last six months within the companies. We've certainly, like I said, started doing new things in terms of as SPARC asking for companies to go through this sort of training, me reaching out directly to all of our portfolio VPs of people. I think that trying to understand sort of the employee sentiment on a more regular basis has been there for longer than that. I don't know that it changes the day-to-day operations of companies, but it's certainly top of mind for the entrepreneurs that we work with. They really are horrified by the things they're reading. Now, I'm not saying that we've only invested it in perfect angels. I'm sure that they all have their own challenges and problems, I believe that they're all ethical people, but they're all advocates for us in terms of changing the way that companies operate and the things that used to be acceptable.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“We coach the executive team in ways that we think to administer to that feedback. And that might be us directly doing things differently. That might be getting executive coaches involved. That might be changing people out of roles altogether, not at the CEO level, but in other functions where we think we need to up level the person. But it's useful to get that perspective. And I think, by the way, that is one of the most critical and difficult roles to hire at any company.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“I don't know if it's my approach. I can't say exactly why, but people feel comfortable talking with me about that type of thing.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“Are they emboldened enough or given enough power? Because I often find they aren't. The HR people particularly are not. And they often serve as recruiting function versus a culture fun. Recruiting is top of mind at these startups. I don't know.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“I think that you can always up level again if someone grows out of that role, but getting a group of people around a table who are adults, and again, I don't mean adults in terms of age. I mean in terms of maturity. And that's a different thing. But getting a group of people who are functional leads, mature, and can be good thought partners to those entrepreneurs is something that's really important to do not at employee number 500, but I'm talking like employee 20 and employee 30. So that's something that we definitely spend a lot of time with our portfolio companies doing. The second thing is I actually meet with the VPs of people or HR or whatever the title is separately and alone on a regular basis. So we have coffee, we have lunch, and it's not a feedback session on the entrepreneur or some sort of tattle tailing. It's just, I want to get this person's candid, unvarnished, and confidential view on how things are going from a people perspective that I can't see from those board meeting decks.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, I have a couple of views. One, I believe in building out a management team earlier into a company's lifecycle. Probably the most VCs do.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“Of these startups is different than these fast moving, you know, where they just say things off the top of their head or they don't know how to behave, which I think they should know how to behave as adults, which is a whole different story about their upbringing. But in terms of cultures of companies that this is allowed. And I think Uber was a perfect example of that. It was sort of the quintessence of that kind of.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“Do you imagine when you're thinking about this? Because one of the things is that they don't have great HR functions, they don't have great, I had someone well known was brought to a startup from a big company in charge of culture and people, whatever the heck they call it right now. It's HR, essentially. And I said, what is your job? It's a much smaller startup, and they come from a big company. And they said, my job is stopping people from fucking each other. I know they said that incredibly. And I was like, ha ha. And they're like, no, really, it's a real problem. In the whole culture way is to try to get people from thinking.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“I think it's top down, and top down I don't necessarily mean within the company, the CEO. I mean top down from the elders of our industry, whether they're on the operating side or the investing side or the banking side or what have you. So I think that one of the few good things about the shift that we're going through in Silicon Valley is that we're going to get the vermin out. Like there's never one cockroach. You and other journalists are doing fantastic work of running down these stories in these cases. And we need to exercise the bad actors from the industry so that entrepreneurs of all ages, ones that are just getting going, recognize, look, I don't want to be kicked out of my company or fired or even worse. And they'd do that by looking up.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“And what do you imagine solves the problem? Because there's been a lot of people talking about the various ways to do it. Obviously, a monoculture of men is a problem. But where do you think the real problem is from your perspective?”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“Exactly. We want to see, and this is something that I'm seeing across boards, we want to see those employee surveys, not once a year at some sort of annual roundup. I want to see it in every single board deck. What are people worried about? What do they think is going well? And so there's a lot of almost like prototype testing of employee sentiment that we want to see bubbled up at the board level, which even historically, if it was being done, board members may not have cared, but it's something that we really pay attention to now.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“Well, but we ask now. Now we're asking. So we come to a deeper 360 view of an entrepreneur. And then we actually push our companies to do a series of things. So have sexual harassment training. You're never too young as a company to do that.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“I mean, absolutely, and I'll add, I'm thinking about it a lot as a woman, period, who have friends who've had horrible experiences and family members who've had horrible experiences. So it's something that really is important to me. There's only so much diligence you can do, which we definitely do before we invest. We have the benefit at being growth stage that there's also other folks who've done diligence, presumably. So we are able to come to.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“So let's talk about that idea of what changes. One of the things that's been rocking Silicon Valley and the whole country is sexual harassment issues. And this has got to be something you're thinking about, not just as a venture capitalist, but also these startups and stuff like that, which are largely unfettered in their behaviors. One of the excuses at Uber that was using, which I think is somewhat lame, is that they were too busy building everything so big that they couldn't possibly stop people from sexually harassing people or creating an atmosphere of sexism. How do you look at that? Because you have to be thinking about that because you want to build sustainable companies for the long term, presumably.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“Right. I have a buddy who says that his vision of the future of venture capital is that Amazon becomes a bank and just gives out loans and free AWS credits. And that becomes the entire seed stage economy in VC.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“Being known as useful. The days of being known as a killer to me, I think, is more or less over in a world where entrepreneurs get to pick from a buffet of different funding options.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“I actually think that there's a flight then to quality because it does turn out that if you pick good board members, they can be helpful to you, that the money may be all green, but the advice is not all good. And so I do think that even when you've got folks like SoftBank, and I know that team there, they're great, but there's only so much they can do when they have an enormous portfolio and are putting $100, $300, $500 million to work across a lot of different companies. I think that entrepreneurs then start to focus in on, well, if I can get money from anywhere, why don't I get it from the very best people?”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“Yes, I think there was this hope a couple years ago that there would be this great reset, right? Everyone was calling Bubble all the time and there's been a flood of capital. It's all going to go away. There's going to be this great reset and we're going to get to enjoy normal valuations again. And I just personally don't believe, having not done this for a limited time, but five years that that is ever going to happen. I think that the capital is more or less here to stay. Of course, barring some massive global economic collapse. But the folks like Fidelity, who sort of walked away for a little bit, are back in full force. Of course, you have various new vehicles like the Softbank Fision Fund. And then you have the sovereign wealth funds from all parts of the planet who are looking for places where they can put capital with potential great upside. So it seems across, especially for me at the growth fund where I focus that there's a never-ending supply of money bags.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“In any case, Megan, you can comment on that if you feel like it. But we were just talking about AR and VR. What are some of the things you think when you look at the venture, we were talking about changes in how you're doing more collaborative, but there's been a lot of big changes lately in terms of money washing in with this tax reform. There's probably going to be more money washing in the system. You have softbank vision fund, as we discussed. What do you think the big trends in venture capital are? What do you think are the changes? Because it's one area that really is sort of artisanal in a lot of ways if you think about it.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“A tech giant, but I say that with my growth stage hat on just in terms of the capital required for that type of hardware. So that might be a pessimistic view. If you talk to my venture partners, they would absolutely tell you it's going to come from some cool new upstart.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“And this is, and then John Hanky has talked about this publicly quite a bit in terms of AR mapping being the next generation of cartography. And there's a lot of companies that are early stage that are building with that thesis at heart.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“Mixed reality. There we go. So I think the products and services that we're seeing develop so far is pretty early. It's a lot of Pokemon Go knockoffs and cute tools. I'm going to measure how big this thing is with a ruler that's not really here. You know that kind of thing. But whenever these new technologies launch, specifically frankly, on the iOS platform, it usually takes like 12 to 18 months. Before interesting things”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“The reason I call it a bridge technology today is because it's heavily dependent on mobile devices, which everyone's got that computer in their pocket. I think where it moves closer to the VR dream versus the AR dream is when we have a new fangled some sort of eye application. Whether Snapchat glasses, I don't think we're it. And I think, frankly, that was a bit overhyped as being their big AR play or whatever it was. But I do think that there's going to be some sort of wearable on our face that will project AR into our field of view. And then at that point, is it AR or is it VR? It's kind of a blend. But the AR that we see developing today, I think it's early with the launch of ARKIT and AROS or what are they both calling their two things they sound the same.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“Is that even a bridge technology? I wouldn't even call it that because I don't think you're right, people are not going to be operating like that. There'll be something, but not prone necessarily or sitting.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“You said it, not me But we needed a bridge technology. And I think AR is that bridge technology because it's accessible on all.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT
“It's truly everything, and I think that we've done a little bit of a reset in the venture capital market as it relates to VR and AR. Because you'll recall two years ago, and we led the Series A and Oculus, and we were thrilled with the team and the outcome, and that's wonderful. But the whole industry at large was like VR, VR, VR, VR, VR. And I think that we realized, and we as a collective we, that we really needed a bridge technology to get there, that we weren't going to all be walking around with, I call the Google thing, the sweatpants for your face.”
2017-12-20 · Decoder with Nilay Patel · Recode Decode: Megan Quinn, general partner, Spark Capital · IDENTIFIED FROM THE TRANSCRIPT