What podcasts say about Hunter Somerville
Every statement, with the speaker, the exact quote and the moment it was said.
What Hunter Somerville has said on podcasts
18 statements · 9 positive · 4 negative · 1 mixed · 4 neutral
StepStone works with more than 300 venture and growth managers.
“We work with over 300 venture and growth managers”
Open the episode · Jobs Boom, Astra Reactions, Cybercab Roll Out, The Dyson Debate | Hunter Somerville, Bar Winkler, Bridgit Mendler, Carina Hong & Ken OnoListen at 1:00:14
New venture managers face a difficult fundraising environment.
“it's a harder fundraising environment for new managers that are getting off of the ground.”
Open the episode · Jobs Boom, Astra Reactions, Cybercab Roll Out, The Dyson Debate | Hunter Somerville, Bar Winkler, Bridgit Mendler, Carina Hong & Ken OnoListen at 1:02:01
Seed investing is especially difficult for AI-focused companies.
“in AI-specific focused companies, I think seed is harder.”
Open the episode · Jobs Boom, Astra Reactions, Cybercab Roll Out, The Dyson Debate | Hunter Somerville, Bar Winkler, Bridgit Mendler, Carina Hong & Ken OnoListen at 1:03:09
Managers with networks can still raise $5–10 million funds relatively easily.
“it's still not that hard to raise a $5 to $10 million fund.”
Open the episode · Jobs Boom, Astra Reactions, Cybercab Roll Out, The Dyson Debate | Hunter Somerville, Bar Winkler, Bridgit Mendler, Carina Hong & Ken OnoListen at 1:05:07
Current opportunities across deep tech, hard tech, and AI are highly attractive.
“the opportunity set couldn't be more exciting”
Open the episode · Jobs Boom, Astra Reactions, Cybercab Roll Out, The Dyson Debate | Hunter Somerville, Bar Winkler, Bridgit Mendler, Carina Hong & Ken OnoListen at 1:05:50
Investors should vary follow-on investment intensity based on valuation and conditions.
“you should be layering in aggressively and when you should be doing maybe pro rata or below pro rata or nothing.”
Open the episode · Jobs Boom, Astra Reactions, Cybercab Roll Out, The Dyson Debate | Hunter Somerville, Bar Winkler, Bridgit Mendler, Carina Hong & Ken OnoListen at 1:07:56
Venture follow-on financing activity is exceptionally high.
“follow-on activity is just through the roof.”
Open the episode · Jobs Boom, Astra Reactions, Cybercab Roll Out, The Dyson Debate | Hunter Somerville, Bar Winkler, Bridgit Mendler, Carina Hong & Ken OnoListen at 1:08:49
Some SPVs charge unusually high 4–10% management fees.
“it's the insane like 4% to 10% management fees that people are charging”
Open the episode · Jobs Boom, Astra Reactions, Cybercab Roll Out, The Dyson Debate | Hunter Somerville, Bar Winkler, Bridgit Mendler, Carina Hong & Ken OnoListen at 1:09:51
Excessive SPV fees and opaque structures will face market correction.
“there will be a reckoning and lessons learned.”
Open the episode · Jobs Boom, Astra Reactions, Cybercab Roll Out, The Dyson Debate | Hunter Somerville, Bar Winkler, Bridgit Mendler, Carina Hong & Ken OnoListen at 1:10:18
Companies eventually consolidate ownership on increasingly complex cap tables.
“there is a point in the trajectory of a business where you begin consolidating that cap table.”
Open the episode · Jobs Boom, Astra Reactions, Cybercab Roll Out, The Dyson Debate | Hunter Somerville, Bar Winkler, Bridgit Mendler, Carina Hong & Ken OnoListen at 1:12:16
Founders should control which shareholders receive secondary liquidity.
“you need to put the power of the decision making in the founders hands”
Open the episode · Jobs Boom, Astra Reactions, Cybercab Roll Out, The Dyson Debate | Hunter Somerville, Bar Winkler, Bridgit Mendler, Carina Hong & Ken OnoListen at 1:12:42
Late-stage investors should build positions in leading companies before they become crowded.
“you need to be in the top names in venture, particularly as a late stage investor, but you need to be in them when it's not overtly obvious.”
Open the episode · Jobs Boom, Astra Reactions, Cybercab Roll Out, The Dyson Debate | Hunter Somerville, Bar Winkler, Bridgit Mendler, Carina Hong & Ken OnoListen at 1:14:56
Regular employee liquidity programs can function as a company benefit.
“it almost becomes like a benefit within a company like anything else.”
Open the episode · Jobs Boom, Astra Reactions, Cybercab Roll Out, The Dyson Debate | Hunter Somerville, Bar Winkler, Bridgit Mendler, Carina Hong & Ken OnoListen at 1:15:28
International venture capital remains concentrated in large proven managers.
“it's still much more weighted towards the bigger brands that are more proven and de-risked”
Open the episode · Jobs Boom, Astra Reactions, Cybercab Roll Out, The Dyson Debate | Hunter Somerville, Bar Winkler, Bridgit Mendler, Carina Hong & Ken OnoListen at 1:18:33
Venture liquidity is improving through M&A and public offerings.
“it does feel like that is changing both with M&A.”
Open the episode · Jobs Boom, Astra Reactions, Cybercab Roll Out, The Dyson Debate | Hunter Somerville, Bar Winkler, Bridgit Mendler, Carina Hong & Ken OnoListen at 1:21:49
IPO activity may remain robust into the first half of next year.
“hopefully into the first half of next year”
Open the episode · Jobs Boom, Astra Reactions, Cybercab Roll Out, The Dyson Debate | Hunter Somerville, Bar Winkler, Bridgit Mendler, Carina Hong & Ken OnoListen at 1:22:02
Tech-bio investment will grow faster than traditional biotech investment.
“Tech bio will probably increase at a much higher clip than we've seen in biotech over the past three to five years.”
Open the episode · Jobs Boom, Astra Reactions, Cybercab Roll Out, The Dyson Debate | Hunter Somerville, Bar Winkler, Bridgit Mendler, Carina Hong & Ken OnoListen at 1:27:50
Investment results should determine whether LPs continue backing managers.
“the results will tell the story.”
Open the episode · Jobs Boom, Astra Reactions, Cybercab Roll Out, The Dyson Debate | Hunter Somerville, Bar Winkler, Bridgit Mendler, Carina Hong & Ken OnoListen at 1:30:35
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.