20VC: Why We Will See A Big Series B Crunch? Why Proprietary Data Pools & AI Talent Will Be The New Limited Natural Resources? Why Now Is The Closest Thing To A New Normal with Tim Chang, Managing Director @ Mayfield Fund

David Clark is the CIO of Vencap, one of the leading fund of funds in the venture landscape. David has been at Vencap for 32 years and has been an LP his entire career. In Today's Episode with David Clark We Discuss: 1. From Unemployed Student in Love to Leading LP: How did a girlfriend lead to David taking his first steps into the world of fund investing? What does David know now about fund investing that he wishes he had known when he started? 2. Is Being an LP Harder than Ever Before: Does David agree with Doug Leone, "venture has transitioned from a boutique high margin business to a low margin commoditised industry"? Does David agree with Ryan Akinna @ MIT, "it is harder than ever to be an LP"? Does David think that venture returns will worsen in the coming years? Has the denominator effect for LPs gone? Do LPs have liquidity today? 3. What Makes the Best Performing Funds: What are the single biggest commonalities in managers that did a 3x net DPI fund? Of managers with a 3x net fund, how many had a single company return the fund? How do the best firms do generational transition? How do the best firms take cash off the table and sell part or all of their position? 4. Five Things LPs Hate In Potential VC Investments: What are the two most common reasons David will turn down a manager? How does David feel about the varying fee and carry levels? How does David feel about the compression of deployment times of funds? How does David feel about managers increasing fund size so significantly on every cycle? 5. Fund Sizes, Exits and Concentrating Returns: Why does David believe exit sizes will increase and fund sizes could be even larger? Why does David think that despite the above, the concentration of returns will be even smaller? Is David concerned by the IPO window being largely shut and the increased regulation on M&A?

25 Maalis 20241h 10min

Bryan Johnson is the founder of Blueprint, the man is at war with death and is mastering longevity. Bryan is on a mission aimed at enhancing human intelligence and being respected by people in the 25th century. Before starting Blueprint, Bryan also founded Braintree (acquired by PayPal for $800M) and OS Fund – a $100M venture capital fund investing in genomics, synthetic biology, and complex systems. In Today's Episode with Bryan Johnson We Discuss: The Philosophy of Don't Die What does Bryan think is the biggest existential threat to humankind? Why does Bryan believe humans are unfit to manage their own affairs? Why does Bryan care about being liked by the 25th century? Does Bryan think society is ready to adapt to immortality? How to Process New Ideas What 3 questions does Bryan ask to test new ideas? How does Bryan combat against his own biases? How does Bryan adapt to change? What has been his most painful experience? Why does Bryan think religion is humanity's most durable technology? The Most Measured Human in the World What did Bryan learn about himself as the most measured human in the world? How does Bryan use algorithms to take care of himself? What has been Bryan's most expensive test? How did Bryan use data to rejuvenate his sexual function? How will tech & AI play a role in human longevity? Health & Parenting Advice How does Bryan raise his children? How does Bryan get perfect sleep every night? What are his tips? What is Bryan's advice to people who think it's too late to start becoming healthy? What health advice does Bryan think is BS?

22 Maalis 202452min

Jean-Michel Lemieux is one of the OGs of engineering and product having been the CTO at Shopify and the VP Engineering at Atlassian. Jean-Michel helped grow both Shopify and Atlassian from single-product to multi-product companies and led the building of their platforms. In Today's Episode with Jean-Michel Lemieux We Discuss: From band class to Shopify CTO How did Jean-Michel make his way into the world of product? What were Jean-Michel's biggest lessons from his time at Atlassian & Shopify? How are Shopify & Atlassian the same? How are they different? Why does Jean-Michel think Shopify could have been 10x bigger? Building the Perfect Product How does Atlassian & Shopify build movements instead of product? What does Jean-Michel know now that he wishes he had known before he joined Atlassian & Shopify? How does Jean-Michel balance between shipping speed vs. quality? Why does JM think scrums and TDDs are BS? How did his last year at Shopify change his approach in product development? What is a time horizon friction? And how does it impact teams? How to Lead a Product Team: What is micro alignment, and why does Jean-Michel think it is so important? What 3 types of decisions every team makes? What does Jean-Michel think are the most common reasons teams become average? How does he prevent it? What do Jean-Michel think are the most common mistakes CEOs make today? Hiring the Best Product Team: How does Jean-Michel structure the interview process for new product hires? What signals does Jean-Michel look out for when hiring? Why does he believe experience does not matter? What are Jean-Michel's biggest hiring mistakes? What were his lessons? What are 2 of the most common mistakes founders make when hiring a product team?

20 Maalis 20241h 4min

Gili Raanan is the Founder of Cyberstarts and one of the most successful seed investors ever. In his 19 company portfolio, Gili has invested in a decacorn (Wiz), seven unicorns and had three others acquired. Prior to Cyberstarts, Gili spent over 15 years as a General Partner @ Sequoia Capital investing in some of the world's best cyber security companies. In Today's Episode with Gili Raanan We Discuss: 1. From Founder to World's Best Seed Investor: How did Gili make the move into the world of venture with Sequoia? How did Mike Moritz and Doug Leone recruit him? What was that process like? What are 1-2 of Gili's biggest takeaways from working with Doug and Mike? 2. How to Find and Pick the Best Founders: What did Mike Moritz teach Gili about getting to know founders? Why does Gili look for the pain in the eyes of the founder? What questions does he ask? What are the most common signals of truly exceptional founders, having backed 7 unicorns? Why does Gili believe that both market and product is BS? Why are the founders all that matters? Why does Gili believe that the founder does not have to be a domain expert in a market to create a massive company in that market? 3. What it Takes to be the Best Seed Investor: Why does Gili believe that the best seed investors do not have theses? How important does Gili feel the brand of the VC firm is? What were his biggest lessons on brand from spending 15 years as a General Partner @ Sequoia? Why does Gili believe that the best investors are never happy? When you are happy, you lose. 4. 2021 is Back: Pricing, Uprounds and more Why does Gili believe that the best companies are always expensive and will always be expensive at every round? Why does Gili believe that 2021 pricing and funding is back? Is this a good thing? How does Gili advise founders on how much to raise and what valuation to set with investors? What does Gili believe are the single biggest sins from the zero interest rate environment?

18 Maalis 202457min

Luca Ferrari is Co-Founder and CEO of Bending Spoons, one of the most incredible but untold success stories in startups. Luca has scaled Bending Spoons to 100M monthly active users, $380M in sales in 2023 and aiming to reach $500M in EBITDA by the end of 2026. The company's products include Evernote, Meetup, Remini, and Splice and their products have now been downloaded more than 500M times. In Today's Episode with Luca Ferrari We Discuss: From McKinsey Associate to $2BN Founder What was Luca like as a child? How would his parents have described him? Why did Luca share his McKinsey salary with his co-founders? What were Luca's biggest lessons from his failed startup? Bootstrapping Bending Spoons Why did Luca decide to bootstrap Bending Spoons? What does Luca think about the EU vs. US startup environment? Why did Luca kill a $7M project? What were his lessons? How did Luca pick his investors? How to Find the Best Talent What are the 3 key traits Luca looks for when picking the best talent? Why does Luca think traditional interview strategies do not work? What tests does Luca conduct for each candidate? What were Luca's biggest hiring mistakes? Mastering Acquisition & Growth How does Luca determine which products to acquire? How does he identify signals? How does Luca approach pricing assets? How does he win every bid? What are Luca's biggest lessons from acquiring Evernote? What key lessons on risk management does Luca wish he'd known 10 years ago? What are Luca's biggest challenges on user acquisition?

15 Maalis 202453min

Chandra Narayanan is one of the growth and analytics OGs having spent 7 years at Facebook leading analytics for the Facebook App and for Instagram. After Facebook, Chandra became Chief Data Scientist @ Sequoia Capital, helping Sequoia, find, select and help the best entrepreneurs in the world. Today, Chandra is the Founder & CEO @ Sundial, building products to help builders make meaningful use of data to fulfill *their* mission. In Today's Episode with Chandra Narayanan 1. From Working on the Weather to Leading Analytics at Facebook: How did Chandra make his way from analyzing weather patterns to leading analytics for Facebook? What does Chandra know now that he wishes he had known when he started his career in growth? How did one piece of advice from his manager at Paypal change Chandra's mind forever on "quitting" and when to "quit"? 2. Growth and Analytics 101: What does growth mean to Chandra? What is it? What is it not? When is the right time to hire a growth team/person? What is the right profile for the first growth hires? 3. How to Hire the Best Growth Teams in the World: What are the must-ask questions when hiring for growth? How does Chandra use case studies to determine the quality of a candidate? What does Chandra believe are the four main reasons people go to work? What are the three different types of execs in tech? How do you know when you need each one? 4. Lessons from Leading Analytics at Facebook and Sequoia: What are 1-2 of Chandra's biggest takeaways from leading analytics at Facebook? What does Chandra believe are the two core skills needed to do analytics well? How can you easily test if someone is good at analytics? How did being Chief Data Scientist @ Sequoia change Chandra's perspective on growth?

13 Maalis 20241h 15min

Joe Lonsdale is the Founder and Managing Partner at 8VC, an early-stage venture capital firm managing over $6 billion in capital. In 2003, he founded Palantir Technologies. Since then, he has founded over a dozen companies, including Addepar, a wealth management platform helping investors manage over $5 trillion, and OpenGov, recently sold for $1.8BN. In Today's Episode with Joe Lonsdale We Discuss: The Making of a Multi-Unicorn Founder: What was Joe like as a child? How would his parents and teachers have described him? What does Joe know now that he wishes he had known when he started his career? How does Joe view the importance of luck and skill in success? America's New Dawn: Navigating Frontiers and Accountability What did Joe mean by describing America as a "frontier nation"? How does Joe contrast America's frontiers with Europe's social safety nets? How does Joe propose restoring America using the "scalpel over the sledgehammer" approach? How can America introduce accountability to non-profit institutions? What role do for-profit prisons play? Woke Mind Virus Why does Joe consider the Woke Mind Virus a "Bad Postmodern Religion"? Why does Joe see Elon Musk as a key figure in challenging "woke minds"? Why does Joe believe the education system is a core problem? What needs to change? Is it too late to reverse the current state of "woke mind virus"? TikTok, China, Israel: What does Joe believe is the right solution for TikTok's ownership? To what extent is TikTok a danger to American national security? What does Joe predict will happen to China from here? What needs to change? How does Joe predict the next 24 months for the conflict in Israel and Gaza? Investing Lessons: Wish, Palantir and more What are Joe's biggest takeaways from the failing of Wish? What did Joe learn from the failed project with Lady Gaga? How does Joe reflect on when is the right time to sell? How does Joe reflect on his own relationship to money?

11 Maalis 202458min

Brendon Cassidy is one of the OG of enterprise sales of the last decade, having advised the likes of Gong.io, Pipedrive, Showpad. Previously Brendon was first Head of Sales at LinkedIn and VP of Sales at Talkdesk. In Today's Episode with Brendon Cassidy We Discuss: 1. From Recruiter to Sales OG and Linkedin's First Head of Sales: How did recruiting prepare Brendon for a career in sales? What impact did the dot-com bubble burst have on his early career? What does Brendon know now that he wishes he had known when he started his career in sales? 2. The Sales Playbook and Hiring The Team: How does Brendon define the "sales playbook"? Should the founder be the one to create and execute V1 of the playbook? Should the first sales hire be a rep or a sales leader? When is the right time to make that all-important first sales hire? 3. Why Discovery and Outbound Are Broken Today: Why does Brendon feel discovery is useless in today's sales process? Why does Brendon believe outbound will move under the marketing function? How does AI change the world of outbound sales? Why will no great sales leaders join a company that doesn't have an inbound machine? 4. How to Master Onboarding and Increase Sales Performance: What is the right way to onboard new sales reps? How quickly do you know if a sales rep is not good? What are the signs? What is the right way to measure the effectiveness of sales teams today? What are the biggest mistakes founders make in onboarding sales teams?

8 Maalis 202442min