Airtable's 80% off value crash: VCs explain why it's still a win | E2321
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Obviously a lot of hand wringing about the SAS Pocalypse over the last couple of years, the indigestion in our industry of what would happen to these companies that were decorns, unicorns, I guess we're gonna start getting that answer here. To go Uh up and to the right. They're not engineered to go down. The only thing that matters in our industry for venture kinda capital is growth rate. Nothing else matters. It's not profitability, it's not cash flow positive. Which have become zombies, even if they were decorns. They're just chewing up people's time and hoping against hope. Interesting playbook, which is to cut eighty percent of the staff, put young people in charge of these products or services from what I understand, and run them AI first for profitability. This week in Startups is brought to you by O do. The all in one business platform. Your first app is free. Get started today at ODOO.
Dot com slash twist. Agree.com. Stop chasing invoices and automate your entire contract to cash stack. Go to agree.com and tell them Jason sent you to get fifty percent off for life. And vanta. Compliance and security shouldn't be a deal breaker for startups to win new business. Vanta makes it easy for companies to get a sock to report fast. Get a thousand dollars off for a limited time at vanta.com slash twist. All right, everybody, welcome back to This Week in Startups. It's our V C round table, which we do. Every Wednesday here on the program. It's August fifth, twenty twenty-six. We've got just tons of news to get through and a great panel again with us, Nico Banastis. Uh founder, managing director, verdict capital How are you doing? It's been a while. Um no longer at
General catalyst, yeah. That was uh the previous gig. Correct. Yeah. Excited to be on this panel with you, Rick, and Aditya. Yes, also with us, Rick Heitzman is here, co-founder of partner first, Mark Capital. Pinterest, Airbnb, Discord, DraftKings, tons of great Unicorns in the portfolio. How you doing, Rick? I'm doing great. Great time to be a New Yorker. Yeah, lots of uh good stuff going in in New York, uh democratic socialism. The side of the political s lots of winning between the Knicks and the uh World Cup. Did you get to see any of the Knicks games?
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