"Request for Startups" with Erik Torenberg22 Mar 2024

Finding Founder-Market Fit with AngelList's Avlok Kohli and On Deck's David Booth

Today’s episode of Request for Startups features

* Avlok Kohli : CEO at AngelList, angel investor, advisor and repeat exits as a founder. @avlok on X

* David Booth : Co-founder & Chairman of On Deck, Formerly at AngelList, Carta @david__booth on X

* Erik Torenberg: Investor, Founder of Turpentine.co. @eriktorenberg on X

In this conversation, Avlok Kohli and David Booth join Erik Torenberg to do a dive deep on Founder-Market fit, startup moats, and the 'dislocation' caused by AI which could change business ideation, internal operations, and startup generation. Note this conversation was recorded in mid-2023.

Mentioned in this episode:

* Alek Koenig (@AlekKoenig)’s company Settle: www.settle.com

* On Deck’s ODF program for founders www.beondeck.com/revolution

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TIMESTAMPS:

(00:00) Intro

(00:21) Navigating the Idea Maze

(04:46) Founder-Market Fit Case Study: Alek Koenig of Settle

(09:15) Sponsors: Brave | Turpentine

(12:54) Litmus Test for Startup Success

(17:00) Why Now is the Time to Build

(23:23) Avlok’s Strategy as AngelList CEO

(26:56) The Compound Startup Strategy i.e. Rippling

(29:27) Sunsetting

(34:22) Areas Ripe for Exploration

(44:15) Navigating Competition with Incumbents

(49:45) Wrap

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit requestforstartups.substack.com

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