20VC: Why Most The Value In Crypto Will Accrue in Governance, When Institutional Capital Will Enter The Space and How To Think About Liquidity In Crypto with Joel Monegro, Founding Partner @ Placeholder.VC

Kim Scott is the Co-Founder @ Candor, the startup that allows you to become a better leader. Prior to founding Candor, Kim was a CEO coach at Dropbox, Qualtrics, Twitter and several other Silicon Valley companies. She was a member of the faculty at Apple University, developing the course "Managing at Apple," and before that spent 5 years at Google on AdSense, YouTube, and Doubleclick Online Sales and Operations at Google. Previously, Kim was the co-founder and CEO of Juice Software, a collaboration start-up. In Today's Episode You Will Learn: 1.) How Kim came to founder Candor and be an advisor to Twitter, Qualtrics and Dropbox? 2.) How did Kim's interactions with Sheryl Sandberg while at Google shape how Kim views employee feedback? What is the most effective way for a superior to convey their feedback to their employee? 3.) What really is radical candor? How does it differ to more traditional "feedback"? What are the challenges of ruinous empathy? How does this play out in the work environment? How does this contrast to "obnoxious aggression"? 4.) Is this a gender issue? What makes it so difficult for people to be radically candid? Why is it a problem that people are told to 'be professional'? How does that act to de-humanize people? 5.) How do males go most wrong when conveying feedback to their female counterparts? Why is this a problem for both the males and the females involved? What can the female do to ensure that she is not disadvantaged by this? Items Mentioned In Today's Show: Kim's Fave Book: Anna Karenina by Leo Tolstoy Kim's Fave Blog: Rands In Repose: Management As always you can follow Harry, The Twenty Minute VC and Kim on Twitter here! Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC. eShares is the No 1 Cap Table Management platform, allowing for equity management, 409A valuations, and liquidity, all in one place. eShares is made for companies of all sizes with over 5,000 trusted customers including the likes of Squarespace, Kickstarter, and DoorDash just to name a few. To try out the must have service of the industry, simply head over to esharesinc.com it is a must. Fond is the employee engagement suite with 3 core products, rewards: a recognition platform for rewarding achievements and milestones, perks: a premium corporate discounts program to show employees you care about them and then finally engagement IQ, a free employee engagement survey that allows you to measure the health of your organization. To check it out head over to fond.co

7 Juli 201728min

Barry Schuler is a Partner @ DFJ Growth, the team that seeks out companies that have gone through the early stages of funding and are category leaders or are poised to be. Their portfolio includes the likes of Tesla, Twitter, Box, Unity 3D and more fantastic companies. As for Barry, he is credited with being one of the pioneers of the modern Internet as chairman and CEO of America Online and an entrepreneur for over 30 years. Today he serves on the board of some truly game-changing companies in the likes of Coinbase, Unity and Foursquare just to name a few. In Today's Episode You Will Learn: 1.) How did Barry make his way from Chairman of Americal Online to Partner @ DFJ Growth, one of the leading growth funds? 2.) Why does Barry believe we have seen a drought of tech IPOs in the last few years? What needs to be done to change this and generate the "200 IPOs a year that we need"? 3.) Why does Barry believe we are in a "bulge and not a bubble" in today's current startup ecosystem? What does Barry suggest will happen to the many highly priced tech startups with lacking exit options? 4.) Why does Barry believe that companies are 'bought and not sold'? How has Barry seen the growth and momentum patterns change for those in hypergrowth? How does that affect the IPO market and their price sensitivity? 5.) Why is Barry concerned that there is too much money chasing too few deals? What does that do to his funnel in producing 10m+ revenue scaling startups? Items Mentioned In Today's Show: Barry's Fave Book: Sapiens: A Brief History of Humankind Barry's Most Recent Investment: Unity 3D, Giphy As always you can follow Harry, The Twenty Minute VC and Barry on Twitter here! Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC. eShares is the No 1 Cap Table Management platform, allowing for equity management, 409A valuations, and liquidity, all in one place. eShares is made for companies of all sizes with over 5,000 trusted customers including the likes of Squarespace, Kickstarter, and DoorDash just to name a few. To try out the must have service of the industry, simply head over to esharesinc.com it is a must. Fond is the employee engagement suite with 3 core products, rewards: a recognition platform for rewarding achievements and milestones, perks: a premium corporate discounts program to show employees you care about them and then finally engagement IQ, a free employee engagement survey that allows you to measure the health of your organization. To check it out head over to fond.co

5 Juli 201724min

Eric Feng is a Partner @ Kleiner Perkins, one of the world's leading venture capital firms with prior investments in the likes of Google, Amazon, Snapchat, Uber, Twitter and more. At Kleiner Eric focuses on consumer and incubation with his current being his co-founding role with Packagd, the startup building a family of apps offering a new mobile shopping experience. Packagd recently raised a $6m Series A led by Forerunner and GV. Prior to KPCB, Eric held the role of CTO at both Flipboard and Hulu. In Today's Episode You Will Learn: 1.) How Eric made his way into venture, all thanks to the help of Al Gore and Kleiner Perkins? 2.) What does Eric believe are the 2 opposing views of VCs? What side does it sit on? Has he always sat on that side? What was it that changed his mind? 3.) Why does Eric think consumer today is harder than ever before? How does the incumbency issue with regards to distribution affect Eric's thinking? Why does Eric believe we have never seen incumbents as strong as those of today? 4.) Why does Eric believe consumer companies are binary? How does this affect his attitude to price sensitivity? How does this influence his ownership requirements? 5.) How are VC funds building and using their own data platforms to find the best startups? Are we seeing the start of VC funds being disrupted by technology? What advantages does using this technology have? Items Mentioned In Today's Show: Eric's Fave Book: Adventures in The Screen Trade: A Personal View of Hollywood Eric's Fave Blog: TechMeme Eric's Most Recent Investment: Hollar As always you can follow Harry, The Twenty Minute VC and Eric on Twitter here! Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC. eShares is the No 1 Cap Table Management platform, allowing for equity management, 409A valuations, and liquidity, all in one place. eShares is made for companies of all sizes with over 5,000 trusted customers including the likes of Squarespace, Kickstarter, and DoorDash just to name a few. To try out the must have service of the industry, simply head over to esharesinc.com it is a must. Fond is the employee engagement suite with 3 core products, rewards: a recognition platform for rewarding achievements and milestones, perks: a premium corporate discounts program to show employees you care about them and then finally engagement IQ, a free employee engagement survey that allows you to measure the health of your organization. To check it out head over to fond.co

3 Juli 201726min

Ari Mir is the Founder @ Clutter, the startup that provides simple, painless solutions to your storage problems. They have raised over $90m in VC funding with their recent Series C round being a $64m round led by Atomico with participation from Sequoia, GV and the fantastic Brendan Wallace @ Fifth Wall. Prior to Clutter, Ari founded Gumgum, the world's largest image ad network in the visual AI space and PocketChange, a startup backed by Google. In Today's Episode You Will Learn: 1.) How Ari made his way into the world of early stage startups and came to found Clutter? 2.) Why does Ari believe that you should build a sports team and not a family, with regards to your team? What does that really mean? How does that affect both hiring, training and objective attribution? 3.) Why does Ari say 'culture is not a happy hour'? How can one look to build a culture that is driven by humane performance management? Does this not instantly instill a culture of fear? 4.) Why does Ari believe that diversity of thought is so dangerous for early stage startups? How does this view change with the scaling of the team? What key inflection points has Ari noticed with the scaling of the Clutter team? 5.) Why did Ari only hire individuals with finance backgrounds in the early days of the company? What are the benefits of this, particularly for on-demand startups with a heavy focus on unit economics? Items Mentioned In Today's Show: Ari's Fave Book: Sam Walton: Made In America Ari's Fave Blog: AVC As always you can follow Harry, The Twenty Minute VC and Ari on Twitter here! Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC. eShares is the No 1 Cap Table Management platform, allowing for equity management, 409A valuations, and liquidity, all in one place. eShares is made for companies of all sizes with over 5,000 trusted customers including the likes of Squarespace, Kickstarter, and DoorDash just to name a few. To try out the must have service of the industry, simply head over to esharesinc.com it is a must. Fond is the employee engagement suite with 3 core products, rewards: a recognition platform for rewarding achievements and milestones, perks: a premium corporate discounts program to show employees you care about them and then finally engagement IQ, a free employee engagement survey that allows you to measure the health of your organization. To check it out head over to fond.co

30 Juni 201722min

Ethan Kurzweil is a Partner @ Bessemer Venture Partners, one of the world leading venture funds with prior investments including the likes of Skype, LinkedIn, Yelp and Pinterest just to name a few. As for Ethan, he focuses on consumer facing technology and developer platforms having made investments in the likes of Twitch, Periscope and Dropcam on the consumer side and Twilio, Intercom and SendGrid on the developer platform side, just to name a few from his outstanding portfolio. In Today's Episode You Will Learn: 1.) How Ethan made his entrance into the world of venture and came to be a partner @ Bessemer? 2.) What was the developer roadmap that Ethan established a couple of years ago? Why was it controversial at the time? How have we seen this play out and come into fruition? What is the next frontier in developer focussed businesses? 3.) Ethan has previously said, 'history does not repeat itself but it does rhyme'. How does Ethan view pattern recognition? How does Ethan look to avoid biases and escape the echo chamber of Silicon Valley? 4.) How does Ethan see the world of eSports evolving? From an investment perspective, where does the equity value creation lie; the brands being built or the core underlying technology? 5.) Bessemer publishes their anti-portfolio, why is this? What does one need to take away when assessing the opportunities they have missed? How can one build a process of self-reflection around the anti-portfolio? Items Mentioned In Today's Show: Ethan's Fave Book: The Namesake Ethan's Fave Blog: Nuzzel Ethan's Most Recent Investment: Periscope Data As always you can follow Harry, The Twenty Minute VC and Ethan on Twitter here! Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC. eShares is the No 1 Cap Table Management platform, allowing for equity management, 409A valuations, and liquidity, all in one place. eShares is made for companies of all sizes with over 5,000 trusted customers including the likes of Squarespace, Kickstarter, and DoorDash just to name a few. To try out the must have service of the industry, simply head over to esharesinc.com it is a must. Fond is the employee engagement suite with 3 core products, rewards: a recognition platform for rewarding achievements and milestones, perks: a premium corporate discounts program to show employees you care about them and then finally engagement IQ, a free employee engagement survey that allows you to measure the health of your organization. To check it out head over to fond.co

28 Juni 201727min

Jeremy Levine is a Partner @ Bessemer Venture Partners, one of the world's leading venture funds with prior investments in the likes of Skype, Shopify, LinkedIn and Twitch, just to name a few. As for Jeremy, 4 of the companies he has invested in with Bessemer have become $Bn companies with 2 of the above; LinkedIn and Shopify, in addition to Yelp and MindBody. If that was not enough, Jeremy is also on the boards of some phenomenal companies in the likes of Pinterest, Yelp and Shopify to name a few. In Today's Episode You Will Learn: 1.) How Jeremy made his entrance into the world of venture and came to be a partner @ Bessemer? 2.) What are the 2 rules Jeremy has with every founder he invests in, prior to making the investment? Why does Jeremy have these rules? At what stage of the pre-investment process are they illustrated? 3.) What are the 2 main reasons that Jeremy believes we are entering a fallow period for the world of consumer? What elements of the incumbency advantages of Facebook, Apple and Google concern Jeremy most? Where does he also see great opportunity? 4.) How has Jeremy seen his style of board member change over the last 16 years? How does Jeremy believe founders can optimize their board through strategic positioning of the VCs they have and where they are placed? 5.) Why does Jeremy believe that it is bogus that operational VCs can provide more value than non-operational VCs? What is the thesis behind this? Where are the core strengths of operational VCs? Where founders must be wary of operational VCs? Items Mentioned In Today's Show: Jeremy's Fave Book: The Outsiders Jeremy's Fave Blog: Dan Primack Jeremy's Most Recent Investment: Toss As always you can follow Harry, The Twenty Minute VC and Jeremy on Twitter here! Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC. eShares is the No 1 Cap Table Management platform, allowing for equity management, 409A valuations, and liquidity, all in one place. eShares is made for companies of all sizes with over 5,000 trusted customers including the likes of Squarespace, Kickstarter, and DoorDash just to name a few. To try out the must have service of the industry, simply head over to esharesinc.com it is a must. Fond is the employee engagement suite with 3 core products, rewards: a recognition platform for rewarding achievements and milestones, perks: a premium corporate discounts program to show employees you care about them and then finally engagement IQ, a free employee engagement survey that allows you to measure the health of your organization. To check it out head over to fond.co

26 Juni 201728min

Bart Lorang is the Founder & CEO @ FullContact, the leading contact platform for professionals, teams and businesses. They have raised over $45m in funding from some of the best in the business and dear friends of the show in the likes of Foundry Group with Brad Feld, David Cohen and Techstars and Howard Lindzen at Social Leverage just to name a few. As well as being the rockstar founder @ FullContact, Bart has a unique position as he is also Managing Director @ V1.vc, a seed stage VC fund based in Colorado and San Francisco, providing Bart unique insight into both founding and investing in companies at the same time. CLICK TO PLAY CLICK TO LISTEN ON ITUNES In Today's Episode You Will Learn: 1.) How Bart made his way into the world of early stage startups and came to found FullContact? 2.) Bart is also a VC with V1, how does being both a founder and a VC affect how Bart views startups and operates @ FullContact? What have been the key learnings for Bart with regards to capital allocation and portfolio construction? 3.) Bart has a CEO coach being the famous, Jerry Colonna, so what was the catalyst for Bart's desire to have a CEO coach? What have been the inflection points in Bart's journey with Jerry? Should every CEO have a CEO coach? 4.) What does Bart believe are the core tenets to successful negotiation? What can be done to ensure a win-win situation for both parties? From what mindset should this be approached? Does Bart agree that you should only monetise to 30% of your value? 5.) Why does Bart pay every employee $7,500 per year to go on holiday on top of their standard salary? Whare the the key rules to ensure this is successful? What are the key benefits that can be derived from this essential vacation? Items Mentioned In Today's Show: Bart's Fave Book: Jonathan Livingston Seagull Bart's Fave Blog: Abundance Insider by Peter Diamandis As always you can follow Harry, The Twenty Minute VC and Bart on Twitter here! Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC. eShares is the No 1 Cap Table Management platform, allowing for equity management, 409A valuations, and liquidity, all in one place. eShares is made for companies of all sizes with over 5,000 trusted customers including the likes of Squarespace, Kickstarter, and DoorDash just to name a few. To try out the must have service of the industry, simply head over to esharesinc.com it is a must. Fond is the employee engagement suite with 3 core products, rewards: a recognition platform for rewarding achievements and milestones, perks: a premium corporate discounts program to show employees you care about them and then finally engagement IQ, a free employee engagement survey that allows you to measure the health of your organization. To check it out head over to fond.co

23 Juni 201722min

Elad Gil is the Founder of Color Genomics, however, Elad is also one of the most prominent angel investors in the valley with a portfolio including the likes of Airbnb, Stripe, Square and Pinterest just to name a few. Prior to founding Color Genomics, Elad was VP of Corporate Strategy @ Twitter where he ran various product teams including geo and search. Before that, Elad spent 3 years at Google where he started Google's mobile team and was involved with 3 acquisitions including Android. In Today's Episode You Will Learn: 1.) How Elad made his way into the world of angel investing and came to invest in Airbnb, Square and Stripe? 2.) Why does Elad take a very market-driven approach to investing? Does this go against the very founder-first approach taken by many in the valley today? 3.) Why does Elad believe that people totally mislead themselves when sizing up potential markets? How should markets be addressed and evaluated? What are the core elements to look for? 4.) Should VC services always be bundled together? Is there a smarter way to decouple these services to make the best products for founders? How could this look in reality? 5.) How does Elad approach valuation? Does Elad agree with Peter Fenton that 'all best companies always seem expensive at the time and cheap in hindsight'? Items Mentioned In Today's Show: Elad's Fave Book: The Wind-Up Bird Chronicle Elad's Most Recent Investment: Checkr As always you can follow Harry, The Twenty Minute VC and Elad on Twitter here! Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC. eShares is the No 1 Cap Table Management platform, allowing for equity management, 409A valuations, and liquidity, all in one place. eShares is made for companies of all sizes with over 5,000 trusted customers including the likes of Squarespace, Kickstarter, and DoorDash just to name a few. To try out the must have service of the industry, simply head over to esharesinc.com it is a must. Fond is the employee engagement suite with 3 core products, rewards: a recognition platform for rewarding achievements and milestones, perks: a premium corporate discounts program to show employees you care about them and then finally engagement IQ, a free employee engagement survey that allows you to measure the health of your organization. To check it out head over to fond.co

21 Juni 201730min