user avatar
Pete Flint
@peteflint
Investor @NFX, 2x unicorn founder/operator, @Trulia Founder & Former CEO. Founding team at lastminute.com. 🇬🇧 🇺🇸. Board Member @NewStoryHomes
San Francisco
linkedin.com/in/peteflint
Joined December 2008
2,380
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  • Pinned
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    Pete Flint
    @peteflint
    Jul 23, 2024
    The path to the TAM in your pitch deck starts at seed with a "killer wedge." It's not a GTM strategy or PMF, but it sets the direction for both. It's a critical point that's worth thinking through deeply. NFX has been doing a deep dive into this strategy. Our findings below:
    176K
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    Pete Flint
    @peteflint
    Sep 28, 2020
    If you're a startup Founder, being ahead of your time can be the same thing as being wrong.
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    Pete Flint
    @peteflint
    Nov 11, 2020
    A startup's success will ultimately hinge on its ability to think long term while keeping up a frenetic pace. Learn how to keep an eye on the long term, even while you're sprinting to stay alive.
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    Pete Flint
    @peteflint
    Mar 24, 2020
    1/ Seemingly overnight, everything changed. It was 2008 & I was running Trulia. We not only faced a recession but a catastrophic meltdown in our core market. I quickly learned how to survive —& thrive— in a downturn. Today I'm sharing 28 things we did.
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    28 Moves to Survive (& Thrive) in a Downturn
    From nfx.com
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    Pete Flint
    @peteflint
    Mar 24, 2021
    Not all revenue is equal. Every $ of revenue is more valuable if it's: - Low churn - Paid upfront - High gross margin - Not concentrated on a few customers - Resulting from a business w/ strong network effects
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    Pete Flint
    @peteflint
    Jan 13, 2021
    In my experience, if you're a Founder of a company that reaches scale, there are 2 phases you go through: 1) Founder phase - build a great product & find product-market fit 2) CEO phase - build an enduring, sustainable organization at scale
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    Pete Flint
    @peteflint
    Apr 24, 2022
    I first heard @Billbrowder speak over 15 years ago at Stanford and was immediately captivated and followed his work ever since. Fortunate to meet him a few years back. Red Notice was gripping and tragic. Excited to dive into Freezing Order, his latest book.
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    Pete Flint
    @peteflint
    Dec 19, 2021
    Remarkably few VCs have started, scaled and successfully excited meaningful companies.
    user avatar
    Marcelo Claure
    @marceloclaure
    Dec 19, 2021
    List investors or Venture Capitalists that have massively scaled a company and have exited successfully.
  • user avatar
    Pete Flint
    @peteflint
    Dec 8, 2020
    When I was building @trulia, we lived by a counterintuitive truth: *The team is the product.* That guided us as we grew to 1,000+ people & $3.5B acquisition by @zillow. Today I'm making public my playbooks for building a top team.
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    4 Signs You’re Building A World-Class Team
    From nfx.com
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    Pete Flint
    @peteflint
    May 21, 2019
    We just announced NFX Fund II at $275 Million. We're doubling down on seed stage - the most important stage. Today we're sharing our plans, & why the more interesting story isn't about a fund at all. It's about "Why" we're doing NFX.
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    The Founder Mindset: Announcing NFX Fund II, $275 Million
    From nfx.com
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    Pete Flint
    @peteflint
    Jun 12, 2021
    Truly honoured and delighted to receive to an OBE from the Queen! What a wonderful surprise. 🙏🎖🇬🇧 Such a privilege and thrill to help entrepreneurs to build their vision and change the world... and feeling so fortunate that I get to receive a medal for doing that!
    user avatar
    NFX
    @NFX
    Jun 12, 2021
    Congratulations to @NFX General Partner @peteflint for receiving an OBE for Services to entrepreneurship in the prestigious Queen's Birthday Honours list. It's *our honor* to work with him at NFX 👏🎖️🇬🇧 gov.uk/government/pub…
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    Pete Flint
    @peteflint
    Nov 16, 2017
    VCs so often misunderstand market opportunities. It's not the size of the market it's the importance of the problem and the durability and scalability of the solution.
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    Pete Flint
    @peteflint
    Oct 16, 2020
    The most interesting marketplace startups right now tend to be ones that are using technology to increase the value of the product or service being offered by the supply side of the marketplace.
  • user avatar
    Pete Flint
    @peteflint
    Apr 23, 2019
    1/10 It’s easy for Founders to assume all the big marketplace opportunities are taken. But it's 100% wrong. I'm seeing a new marketplace type emerge that I call Fintech-Enabled, where the platform has financial services built-in. Here's a tear-down of why this is a huge deal: