Chad Byers (@chadbyers) / X

Chad Byers

2,047 posts

Chad Byers

@chadbyers

@susaventures @islandlakelodge

SF via NYC via SF

Joined May 2011

Following

30.4K

Followers

Chad Byers
@chadbyers
Mar 18, 2025
Dear founders, We’re excited to announce Susa Ventures V – a $175M fund to help you launch and scale your company. Since 2013, we’ve dedicated ourselves to pre-seed and seed-stage company building. Every company starts at day one, but only a few become category-defining
284K
Chad Byers
@chadbyers
Aug 18, 2025
I texted five investors at multi-stage funds today about a new company founded by a top AI researcher that’s starting a fundraise. Neil Mehta at Greenoaks replied and jumped on the phone in under 15 min. The busiest people really do reply the fastest. 🫡
81K
Chad Byers
@chadbyers
Mar 27, 2025
Early stage VC is wild rn. So. Many. Deals. Fast processes. High prices. Insane traction. It’s easy to complain about pricing, competition, blah blah but that’s so boring. Move fast, invest in people you like, and have fun. As a startup ecosystem, I’m glad we’re trying
70K
Chad Byers
@chadbyers
Dec 17, 2024
Good time to book your Canadian ski trip.
163K
Chad Byers
@chadbyers
Nov 12, 2025
One of my strongest beliefs is that it’s going to take 20+ years to get AI penetrated into the *real* economy. I filled out a piece of paper at a doctors office last week.
39K
Chad Byers
@chadbyers
Aug 1, 2025
Figma just justified modern day VC fund sizes
57K
Chad Byers
@chadbyers
Oct 7, 2024
Healthcare feels like a top 3 place to build over the next decade. -- $4.5T US spend//20% of GDP --> huge market -- up to 25% of the world's data is healthcare related --> huge data set --> big surface area to build -- not available on the public internet --> not in
114K
Chad Byers
@chadbyers
Dec 27, 2024
Removing founding CEOs against their will works so so rarely that you’re better off just not doing it. In 11 years as a firm, we’ve never voted a CEO out.
Ian Crosby
@ianwcrosby
Dec 27, 2024
1/8 I’m very sad today to see that @Bench has shut down. I’ve avoided speaking publicly about Bench since just over 3 years ago when I was fired from the company I co-founded. I still don’t have a lot of appetite to talk about it tbh, but think at least a short statement is
78K
Chad Byers
@chadbyers
Nov 27, 2023
Susa Ventures I is one of the 25 funds in this dataset that has distributed 5x+ to our limited partners Three observations: 1. We got lucky with some great companies & founders 2. Smaller funds have a better chance to outperform. Fund math is undefeated. 3. We distribute
David Clark
@daveclark85
Nov 27, 2023
Replying to @daveclark85
Of these 1,186 funds, just 181 (15.3%) have DPI of 2x or higher. 70 (5.9%) have returned 3x or more back to LPs and only 25 funds (2.1%) have distributed 5x to investors. /3
194K
Chad Byers
@chadbyers
Dec 28, 2023
Company archetypes I want to invest in: 1. Hard, technical problems that require lots of $ to get to market, but if they work, they change the world (e.g. OpenAI) 2. Capital efficient software businesses with founders that don't plan to raise a lot of $ (e.g. Zapier) Nothing
100K
Chad Byers
@chadbyers
Mar 3, 2025
At this point I won’t fund a startup without an mvp, beta or working prototype. It’s just too easy to make shit today. A pitch with nothing to show is emblematic of a team that’s low ambition, conviction, agency or all three.
57K
Chad Byers
@chadbyers
Feb 4, 2025
We took 35 founders and investors to Canada for some backcountry skiing. Trade issues aside, Canada delivered the goods. Making this an annual trip, would love to bring more folks.
30K
Chad Byers
@chadbyers
Mar 26, 2025
I tried to invest! And failed. She sent a very nice response to this message in 2013 that she wasn’t raising at the time. I assumed she would follow up. I learned a very expensive lesson that day. Cc @_sonith for cold outbound fail hall of fame
01:53
Jon Erlichman
@JonErlichman
Mar 26, 2025
Canva founder Melanie Perkins was initially rejected by investors more than 100 times. It took 3 years to get an investment. Today, Canva is worth $49 billion.
79K
Chad Byers
@chadbyers
Dec 17, 2024
Product I want to fund: Context: business apps are going away. As Satya N elegantly said, they are just CRUD databases with business logic on top. If business logic moves to agents, the UI/UX of most apps won't matter. I can't wait for that to happen to email. I never want to
64K