Venture Capital Podcasts

Forward Guidance

Venture Capitalist Who Called 2021 Everything Bubble Thinks VC Valuations Are Reasonable | Fabrice Grinda, Super Angel Investor, on Geopolitical Threats, AI, and Yield-Bearing Stablecoins

Forward Guidance is sponsored by VanEck. Learn more about the VanEck Morningstar Wide MOAT ETF (MOAT) at https://vaneck.com/MOATFG. Midas website: https://midas.app/ Follow Midas on Twitter https://x.com/midasrwa Fabrice Grindas website: https://fabricegrinda.com/ Fabrice Grinda on Twitter https://x.com/fabricegrinda Follow VanEck on Twitter https://twitter.com/vaneck_us Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ __ Timestamps: (00:00) Introduction (00:54) How Fabrice Grinda Thinks About Macro (05:19) Fabrice's Early Journey In VC During The Venture Capital Bust of 2000 (07:06) The VC Boom of 2020 & 2021 (11:24) Why Raising Too Much Money At Too High A Valuation...

Mark Yusko: Macro "Doesn't Matter" For Crypto (Permissionless Interview)

Jack interviews Mark Yusko of Morgan Creek Capital at Blockworks Permissionless event in Austin. Filmed on September 12, 2023. Follow Mark Yusko on Twitter https://twitter.com/MarkYusko Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ Timecodes: (00:00) Introduction (00:29) Macro Doesn't Matter For Crypto (05:24) 4 Main Factors That Affect Venture Capital (VC) Returns (13:59) Metcalfe's Law As A Valuation Framework (17:21) Mark Yusko: "I Am Not A Bitcoin Maximalist" (20:44) Mark Yusko: "I Am A Big China Bull"

The Era of American Stock Dominance Is Over | Kevin Muir

In December 2021, Kevin Muir, veteran trader and author of The Macro Tourist, came on Forward Guidance and made a series of bold predictions all of which came true. Now, with a red carpet rolled out for him, Kevin returns to Forward Guidance to share his predictions for 2023. Kevin argues that U.S. stocks will underperform foreign equities, that 2023 will be far more boring than investors expect, and that deep trouble is brewing in private markets (venture capital, private equity, and private debt). Kevin also contends that the economy might fare better than many anticipate, and that bank stocks...

Private Markets To Implode As Fed Hikes to 7% | Bilal Hafeez

Bilal Hafeez, CEO of Macro Hive, is a veteran of macro analysis and he joins todays interview with some truly bold calls. Hafeez argues that a severe recession is coming but the Federal Reserve will continue to hike interest rates to 7 or even 8 percent in order to destroy inflation. Hafeez tells Farley that he thinks private markets (venture capital but in particular private equity) will perform poorly as earnings fall and financing costs rise sharply. Hafeez also shares his outlook on China, Energy, the U.S. Dollar, and crypto. -- To get 40% off on an annual subscription to...

Invest Like the Best with Patrick O'Shaughnessy

Ben Horowitz - Backing Americas Future - [Invest Like the Best, EP.457]

My guest today is Ben Horowitz, the co-founder of Andreessen Horowitz. Since its founding in 2009, a16z has grown into one of the most influential firms in venture capital, reshaping how technology companies are funded and how power and ideas move through Silicon Valley and around the world. This conversation focuses on sides of Bens story you dont often hear. Ben reflects on the people who shaped him, including Nas, Andy Grove, and his father, and shares why he chose to personally fund new technology for the Las Vegas Police Department. We also talk about how he thinks about a16zs...

Sam Hinkie - Find Your People - [Invest Like the Best, REPLAY]

Today, we are replaying one of my favorite conversations with Sam Hinkie. Sam worked for more than a decade in the NBA with the Houston Rockets and then as the President and GM of the Philadelphia 76ers. And now, after years of personal investing, he has launched his own venture capital firm, 87 Capital. Every conversation I have with Sam is alive with insight, and this one is no different. We explore the idea of studying the "breadcrumbs" that someone leaves behind as a way to track their progress and trajectory, finding and attracting the right people into ones orbit,...

The Chainsmokers - Music & Markets - [Invest Like the Best, EP.430]

My guests today are Alex Pall and Drew Taggart, who you might know as The Chainsmokers. We explore their fascinating evolution from scrappy DJs to global superstars to serious venture capitalists with their fund Mantis. Drew and Alex share how the same high-touch, relationship-driven approach that built their music empire now defines their investment philosophy. Their framework for backing founders mirrors their artistic process: they invest in obsessive individuals who will pursue their vision regardless of external validation, much like how they've remained authentic to their sound despite industry pressures. We discuss parallels between creative iteration in music and venture...

Bill Gurley - The Gift and The Curse of Staying Private - [Invest Like the Best, EP.427]

My guest today is Bill Gurley. Bill was the general partner at Benchmark Capital. He joins me for his sixth time on Invest Like the Best with his most comprehensive market analysis yet, examining the realities reshaping venture capital. Bill tackles the uncomfortable math underlying today's venture returns, with companies staying private for far longer. He also walks through why no onefrom GPs to LPs to foundershas proper incentives to mark assets accurately, creating a system-wide coordination problem. And, we dig into the investment implications of AI as a platform shift, ranging from evaluating AI revenue quality to international competitive...

Michael Ovitz - Turning Potential into Prominence - [Invest Like the Best, EP.418]

My guest today is Michael Ovitz. Michael is the legendary talent agent and Co-Founder of CAA or Creative Artists Agency and he is joining me on Invest Like the Best for a second time. Michael started CAA in 1975 and over the next 20 years, he built it into the world's most formidable talent agency, changing Hollywood forever. He shares insights into how he identifies exceptional people across diverse fields - from Hollywood directors like Steven Spielberg to tech founders like Alex Karp of Palantir and venture capitalists like Marc Andreessen. Michael is a force whose expertise extends beyond just...

Micky Malka - Building Ribbit - [Invest Like the Best, EP.401]

My guest today is Micky Malka. Micky is the founder of Ribbit Capital, a global venture capital firm that focuses exclusively on financial technology investments. He is a renowned investor for his adaptability and visionary approach and a believer in killing the thing that got you to where you are in pursuit of whats next. We discuss his perspective on fintechs evolution and why his firm boldly declares that fintech is dead. We dive into his theory of the "grid," which examines how knowledge, wealth, and power are being transformed by technological changes, particularly through the rise of AI, cryptocurrency,...

Andrew Homan & Chris Miller - Redefining Semiconductor Progress - [Invest Like the Best, EP.396]

My guests today are Andrew Homan and Chris Miller. Andrew has spent two decades at Maverick Capital and is a managing partner at Maverick Silicon, where he leads the firms technology investments. Chris is a professor at Tufts and the author of the New York Times best-selling book Chip War, which details the geopolitical battle to control the semiconductor industry. Together we get into a comprehensive discussion on the semiconductor ecosystem and the silicon backbone of our digital age. Andrew and Chris share insights on how venture capital is navigating this complex industry and what it means for the future...

Sarah Guo - The Power of Conviction - [Invest Like the Best, EP.383]

My guest today is Sarah Guo. Sarah is the founder and CEO of Conviction, an early-stage venture capital firm built to serve AI companies. She started Conviction in 2022 after 9 years at Greylock because she believes AI is the most important technological advancement of our lifetime. In our conversation, Sarah discusses the challenges and rewards of leaving an established investing firm to start her own venture. She shares her unique perspective on the AI landscape and reveals her predictions for what we should expect on the AI frontier. Please enjoy this great conversation with the very impressive Sarah Guo....

Hemant Taneja - Engineering Global Resilience - [Invest Like the Best, EP.382]

My guest today is Hemant Taneja. Hemant is the CEO and Managing Director of General Catalyst, the global venture capital firm youll hear us refer to as GC. GC has set out to build resiliency across critical industries worldwide. The firm leverages technology to retool sectors such as healthcare, energy, defense, and manufacturing and explores innovative capital structures to support founders and businesses. Hemant discusses how the firm is positioned to respond to the aftermath of crises, including the pandemic, wars, energy issues, and beyond. We also discuss the building of a category-defining healthcare company, Livongo and much more. Please...

Elizabeth Zalman & Jerry Neumann - Founder vs Investor - [Invest Like the Best, EP.351]

My guests this week are Elizabeth Zalman and Jerry Neumann. Jerry has been on this show two times before. Hes an early-stage Venture Capitalist, an adjunct professor of entrepreneurship, and an excellent writer. Liz is a two-time founder, most recently co-founding StrongDM, in which Jerry was a seed investor. Together, they have written a somewhat contentious book called "Founder vs Investor" that lays bare the relationship at the core of most new businesses. They take specific moments in a start-ups life up to IPO and share their experiences on the friction that inevitably appears. In our conversation, we discuss the...

David Vlez - Building the Branchless Bank - [Founders Field Guide, EP. 41]

My guest today is David Vlez, founder and CEO of Nubank, the worlds largest digital bank with over 40 million customers. In our conversation, David talks about his venture capital background at Sequoia and how that led him down an entrepreneurial path in Latin America. We also talk about the pros and cons of building a digitally native business and what gets him most excited about innovation and technology in emerging markets. Before we start the episode, I would also like to highlight our newest Colossus show, Business Breakdowns. Since launching in early April, we have published over 15 Breakdowns...

Marc Andreessen - Making the Future - [Invest Like the Best, EP. 232]

My guest today is Silicon Valley icon, Marc Andreessen. Before co-founding the legendary venture capital firm, Andreessen Horowitz, Marc was an early pioneer of the internet. At age 22, he built Mosaic, the first widely adopted web browser and the technology that underpinned Netscape Communications. Marc was an early proponent of cloud computing, social networks, and the software business model. In each case, Marc seemed to be well ahead of the crowd. During our conversation, we explore how software is making the world better, how slow sectors like education, healthcare, and housing are eating the economy, and Marcs vision of...

Justin Fishner-Wolfson - Secondary Investing in Private Markets - [Invest Like the Best, EP. 227]

My guest today is Justin Fishner-Wolfson, founder of 137 Ventures, a venture capital fund focused on providing liquidity solutions to founders, investors, and employees of private businesses. In our conversation, we discuss what early career experiences led Justin to start 137 Ventures, the counter-intuitive information asymmetry between public and private markets, and the interesting trend of digitization in the physical world. I hope you enjoy my conversation with Justin. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. ------ Invest Like the Best is a property of Colossus,...

Sam Hinkie Find Your People - [Invest Like the Best, EP.204]

My guest today is Sam Hinkie. Sam worked for more than a decade in the NBA with the Houston Rockets and then as the President and GM of the Philadelphia 76ers. And now, after years of personal investing, he has launched his own venture capital firm, Eighty-Seven Capital. Every conversation I have with Sam is alive with insight, and this one is no different. We explore the idea of studying the "breadcrumbs" that someone leaves behind as a way to track their progress and trajectory, finding and attracting the right people into ones orbit, and the lessons from the NBA...

Josh Kopelman - The Past, Present, And Future Of Seed Investing - [Invest Like the Best, EP.170]

My guest today is Josh Kopelman, the founder of famed venture capital firm First Round Capital. Prior to starting First Round, which has invested at the earliest stages in companies like Square, Uber, and Roblox, Josh was a three-time entrepreneur, so our conversation spans early-stage investing, business building, and entrepreneurship. Ill not sure forget his analogy distinguishing between navigators and cartographers, nor the rest of the interesting ideas he shared after seeing and investing in so many great businesses. We also discuss how First Round has bucked the trend to build what Id call a platform adjacent to the core...

Bill Gurley and Chetan Puttagunta An Update on Consumer & Enterprise Venture Capital - [Invest Like the Best, EP.162]

My guests today are Bill Gurley and Chetan Puttagunta, both partners at benchmark capital. We review the early stage investing world in the face of coronavirus in a very timely conversation, which is one that will remain valuable once this crisis is done. We discuss enterprise and consumer, funding and growth, and the entrepreneurial spirit in the face of a crisis. Please enjoy. This episode is brought to byKoyfin. For more episodes go to InvestorFieldGuide.com/podcast. Sign up for the book club, where youll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub. Follow Patrick on Twitter...

Deep Basin Oil Price War and Its Implications - [Invest Like the Best, EP.160]

This week, Ill be recording and immediately releasing a series of conversations on business and market reactions to the spread of coronavirus. The conversations will be on oil and gas, corporate credit, and the reaction within the venture capital community. Todays conversation is with Matt Smith, Ian Singer, and Kobi Platt of Deep Basin Capital. We are investors in Deep Basin, and they were past guests on the podcast. We discuss the new price war in the oil markets and the impact it might have on equities and especially on U.S. oil producers. Please enjoy. This episode is brought to...

Chad Cascarilla The Future of Blockchain and Financial Services - [Invest Like the Best, EP.145]

My guest today is Chad Cascarilla, the CEO and co-founder of Paxos, which describes itself as a financial technology company mobilizing assets at the speed of the internet. Thanks to more than 20 years of investing and financial services experience, Chad has a unique perspective on integrating blockchain technology with traditional systems. He also has one of my favorite bitcoin origin stories, which we explore. Before Paxos, Charles co-founded institutional asset management complex Cedar Hill Capital Partners in 2005 and its blockchain-focused venture capital subsidiary, Liberty City Ventures (LCV). Our conversation is less about cryptocurrencies and more about the history,...

Brian Singerman Investing in the Best Founders - [Invest Like the Best, EP.127]

My guest this week is Brian Singerman, a partner at the venture capital firm Founders Fund. Founders Fund is widely considered one of the top VC firms and its partners are known to have diverse investment strategies. Brian invests across industries and focuses on backing exceptional founders. Youll hear right off the bat that he cares about moat, market, and strong execution. I love his point that the only way to become a good investor is to do a lot of investing. He describes himself an investor who uses his gut a lot, which took me a while to get...

Hunter Walk Building Picks and Shovels - [Invest Like the Best, EP.112]

My guest this week is Hunter Walk, the co-founder of Homebrew, a unique venture capital firm. Hunter is a tool builder, having spent his career before venture at companies like Google and YouTube. The topic of our conversation is the intersection of creative expression, technology, human behavior, and problem solving. We discuss his time at the company behind the video game Second Life, building tools for creators at YouTube, and why a very hands-on style of early stage venture investing represents an interesting use of his skillset at this stage of his career. Please enjoy my conversation with Hunter Walk....

Ash Fontana Investing in Artificial Intelligence - [Invest Like the Best, EP.90]

My guest this week is Ash Fontana, a managing partner at venture capital firm Zetta, who invests in companies which build software that uses artificial intelligence methods like machine learning to predict and prescribe outcomes. Ashs combined experience as a founder, entrepreneur, and investor give him the perfect background to discuss with us one of the hottest topics in business and investing. This conversation is useful for anyone trying to evolve their own way of dealing with data. Of particular interest are the ways that Ash and his team evaluate data sets and how they think about competitive advantage in...

Chris Douvos A Value Investor Lost in the Valley - [Invest Like the Best, EP.85]

My guest this week is Chris Douvos, a managing partner at Venture Investment Associates, which allocates 1.6B in behalf of investors. Chris is the first professional allocator Ive spoken with who focuses specifically on venture capital funds, so I had a ton of questions for him on how to build a portfolio in an asset class known for uncertain, but often enormous, outcomes. We discuss the major recent changes in the asset class and where things might be going. I sought Chris out because while this is an investment style that is full of creativity and hope, Ive always felt...

Arianna Simpson The Crypto Landscape - [Invest Like the Best, EP.84]

My guest today is Arianna Simpson, who has spent her career in an around the world of technology working at startups, Facebook, and now in venture capital as an investor focused on the world of cryptocurrencies. I met Arianna when I hosted a panel at a big investing conference in New York City and she was one of the panelists. On the panel, I found her style to be very straightforward and compelling. It is clear that she loves to learn and that the best manifestation of her style of learning is investing in technology. In our conversation we discuss...

Shark Tank with Thatcher Bell and Taylor Greene - [Invest Like the Best, EP.83]

Weve always found that even in public equities, you learn more once you have a live portfolio. One of the best ways to learn is to put some capital at risk. For this episode, I asked two VCs to sit down with me and Brett and treat the conversation as they would a normal pitch meeting, so that we, the audience, can get a peek into their world and the types of questions they ask.The venture capitalists in question are Thatcher Bell, of CoVenture, and Taylor Greene, of Collaborative Fund. The first voice that youll hear is Thatcher, and the...

Josh Wolfe - This is Who You Are Up Against - [Invest Like the Best, EP.76]

Long-time listeners will have heard me joke before that this podcast should really be called this is who are you up against. Ive been waiting for the right episode to deploy the joke as a title, and this week we have it. The joke is meant to convey how incredibly impressive these people are who we get to hear from every week. My guest this week is Josh Wolfe, a founding and managing partner at Lux Capital in New York City. Lux is a venture capital firm, but a highly unique one. Theyve spent more time in hard sciences and...

Sheel Tyle - The Future of Venture Capital - [Invest Like the Best, EP.70]

My guest this week is Sheel Tyle, who at just 26 years old has already had a successful career in venture capital. His most recent stint was as the co-head of the seed investing business at NEA, the largest venture capital firm in the world, where Sheel was also a partner. Now, Sheel has set off on his own, setting up his own firm called Amplo and having recently raised a $100M venture fund where he is the sole general partner. He aims to invest with young, mission driven entrepreneurs with a global focus. As you can tell from this...

Chris Dixon The Future of Tech - [Invest Like the Best, EP.69]

My guest this week is Chris Dixon, who has written some of my favorite essays on technology and venture investing. Chris is a prolific investor and thinker, having been an entrepreneur, angel investor, and now partner at the well-known venture capital firm Andreessen Horowitz. Our conversation focuses on major trends in technology, including cryptocurrencies and the future of autonomous vehicles and drones. Chris has a rule of thumb for technology trends: find out what smart people are working on during the weekend, and youll know what other will be doing years in the future. After surveying his old essays, its...

Adam Ludwin - A Sober View on Crypto - [Invest Like the Best, EP.66]

My guest this week is Adam Ludwin, the founder and CEO of Chain, a blockchain technology company targeted at large enterprises. Before shifting his career to focus solely on crypto, Adam was a venture capitalist focused on FinTech, which is how he came across the Bitcoin whitepaper earlier than most. I called this episode a Sober View on Crypto because Adams take is so balanced. He is certainly long crypto, both in his portfolio and career, but he is very skeptical of much of what is happening in the ecosystem today. For example, he offers the best reason Ive heard...

Brett Maloley - Ladder: The Fitness Marketplace - [Invest Like the Best, EP.60]

This weeks episode is part of an experiment and so requires a longer than normal introduction. Ive come to view this podcast as a learning tool, a means to understand a new topic in a short window of time. One of those areas is venture capital and startupsan area that one year ago was completely foreign to me. I think the best way to learn is aggressive immersion in a topic along with some consequences, what we often call some skin in the game. Accordingly, this is a conversation with the founder of a startup in which I am an...

David Tisch - Tech Investing Outside of Silicon Valley- [Invest Like the Best, EP.55]

My guest this week is David Tisch, who was instrumental in building and fostering venture capitalinvestingin New York City. If you liked my conversation with Jerry Neumann--who, incidentally, introduced me to David--you are going to love this one. David was a co-founder at tech stars, New York's answer toSilicon Valleys famous tech incubator Y Combinator. He now runs the Box Group, a prominent seed stage venture capital firm, which has looked at thousands of startups and invested in more than 200. We explore tech investing outside of Silicon Valley, the tech accelerator model, the evolution of early stage investing, and...

Jason Zweig and Morgan Housel - Business vs. Investing - [Invest Like the Best, EP.50]

My guests this week are both veterans of the podcast, Jason Zweig and Morgan Housel. They are two of the best in the world at making the complicated simple, and in that spirit, Ill keep this introduction short. Morgan shifted from public markets to the private markets a year ago when he joined the Collaborative Fund, so we begin with what he has learned about venture capital in his first year on the job. For comprehensive show notes on this episode go to http://investorfieldguide.com/writers For more episodes go to InvestorFieldGuide.com/podcast. To get involved with Project Frontier, head to InvestorFieldGuide.com/frontier. Sign...

Jerry Neumann - The Deployment Age, Power Laws, and Venture Capital - [Invest Like the Best, EP.45]

I am drawn to a group of investors that I call practitioner philosophers. These are people who have gotten their hands dirty in their respective fields, but despite being doers, they still often sit back and ponder the big questions in business and life. My guest this week is one such practitioner philosopher, NYC based venture capitalist Jerry Neumann. I came across Jerry's essays a year ago, and he is on a very short list of writers whose work I read without fail and almost always more than once. You can think about this conversation on business, investing, and venture...

Andy Rachleff - Building Something People Want to Buy - [Invest Like the Best, EP.42]

My guest this week is Andy Rachleff, who is the CEO of the automated investing platform Wealthfront. Andy was also a co-founder and long-time partner at Benchmark capital--one of the most interesting and successful venture capital firms in the world. We spend most of our conversation discussing venture capital investing and entrepreneurship. Andy coined the now ubiquitous term product/market fit, and has great insight into how investors and entrepreneurs should think about business. In that vein, we discuss both what we refer to as the value hypothesis: building a product or service that customers love, and the growth hypothesis: scaling...

Brent Beshore Returns Private Equity, Venture Capital, and the Future of Money Management - [Invest Like the Best, EP.22]

Brent Beshore and I spoke for 10 hours about all things investing and business, and decided to record a 2-hour chunk of our conversation. We start by discussing private equity, venture capital, and the importance of brand. We then explore the difference between public and private company valuation, and the potent idea of peer mentorship. The conversation wraps up with Brents recent experience with one of the greatest investors and thinkers of all time. Above all, this is a conversation about what is right and wrong in the world of money management and investing, and where the business is heading....

Craig Shapiro Better for You, Better for the World - [Invest Like the Best, EP.11]

This week Patrick takes a deep dive in the world of Venture Capital with Craig Shapiro, founder and CEO of the New York based Collaborative Fund, which was an early investor in companies like Lyft, Kickstarter, and Reddit. We cover Craigs investing roots, his process for sourcing and evaluating investment opportunities, and the very useful villain test. Please enjoy! For comprehensive show notes on this episode go to investorfieldguide.com/shapiro/ For more episodes go to InvestorFieldGuide.com/podcast. Sign up for the book club, where youll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub Follow Patrick on twitter...

Morgan Housel Walking and Thinking - [Invest Like the Best, EP.04]

In this weeks episode, Patrick and Morgan Housel explore the differences between private and public market investing, how to foster innovation and creativity, how businesses are structured and organized, and how Morgan finds interesting books and topics to write about. Morgan is a prolific writer and researcher, who recently left the Motley Fool and is now a partner at the Collaborative Fund, a venture capital fund in New York City. Enjoy! For comprehensive show notes on this episode go to investorfieldguide.com/housel/ For more episodes go to InvestorFieldGuide.com/podcast. Sign up for the book club, where youll get a full investor curriculum...

Motley Fool Money

Pepsi, Poppi, and the Creosote Bush

To stay on top, the consumer giants need a player in every potential market. (00:21) David Meier and Dylan Lewis discuss: - February retail numbers showing continued consumer struggles, and why this upcoming retail earnings season will be a key read on the economy. - Pepsis $2B acquisition of alt-soda Poppi, the venture capital-style of trend investing for consumer brands, and how Coke and Pepsi need to keep absorbing the next potential big thing. (13:55) Its no secret that a lot of investors have high hopes about the future of artificial intelligence. But how do genuine experts, people who have...

Nate Silver on Gambling, VCs, and AI

What can we learn from the people who put everything on the line? Nate Silver talked to just about every type of gambler poker players, venture capitalists, crypto traders to find out. Silver joins Ricky Mulvey for a conversation about expected value, Presidential polling, and risk. They also discuss: Why Adam Neumann keeps getting money. DraftKingss surcharge for winning bets. Why bubbles are bigger in meme-ified worlds. Companies mentioned: DKNG, MSFT Host: Ricky Mulvey Guest: Nate Silver Producer: Mary Long Engineer: Dez Jones, Chace Pryzlepa Learn more about your ad choices. Visit megaphone.fm/adchoices

Unit X and the Future of Defense

Within the Pentagon, theres an elite unit dedicated to bringing Silicon Valley innovation to slow-moving Washington. Its called Unit X. Chris Kirchoff and Raj Shah are the two men who built that unit. They join Ricky Mulvey for a conversation on the changing defense landscape and what its like to bring a venture capital mindset to bureaucrats. They also discuss: What its like to disrupt Washingtons primes Supersonic drones, EVOTLs, and How investors and lawmakers can distinguish statistical techniques from genuine AI Companies mentioned: NOC, BA, GOOG, GOOGL, JOBY, PLTR, TSM Host: Ricky Mulvey Guest: Christopher Kirchoff, Raj Shah Producer:...

A Sea Change of Mass Cognition

Mike Maples is a co-founding partner at the venture capital firm, Floodgate. Hes also the author of the new book, Pattern Breakers: Why Some Start-Ups Change the Future. Alex Friedman caught up with Maples for a conversation about: How to spot true visionaries. Missing out on an early investment opportunity in Airbnb. Whether the AI future will be defined by incumbents or upstarts. Companies mentioned: AMZN, LYFT, OKTA, CHGG, AAPL, MSFT Host: Alex Friedman Guest: Mike Maples, Jr. Producer: Mary Long Engineers: Dez Jones, Tim Sparks Learn more about your ad choices. Visit megaphone.fm/adchoices

Finding Home Run Investments

Venture capitalists dont mind strike-outs, so long as they get their home runs. What can stock investors learn from that approach? Ricky Mulvey talks with Ilya Strebulaev and Alex Dang, co-authors of The Venture Mindset: How to Make Smarter Bets and Achieve Extraordinary Growth, about: The benefits of building an anti-portfolio Why it pays to get outside of your own four walls Lessons from a piggy bank auction Strebulaev is also the founder of the Venture Capital Initiative and a Professor of Private Equity and Finance at Stanfords Graduate School of Business. Dang is a CEO, technology executive, and advisor...

WeWork Goes Bankrupt

The fond expectancy of venture capital has turned into the hard facts of private equity. (00:21) Ricky Mulvey and Bill Mann discuss: -Uber's focus on adjusted earnings. -WeWork filing Chapter 11 bankruptcy, and the knock on effects. -Economic takeaways from Bill's trip to Africa. Plus, (13:51) Robert Brokamp and Alison Southwick check in on how Americans are saving. Companies discussed: UBER, WE Hosts: Ricky Mulvey, Alison Southwick Guests: Bill Mann, Robert Brokamp Producer: Mary Long Engineers: Dan Boyd, Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices

Add To Cart

Mobile shopping is expected to rule e-commerce this holiday season. (00:13) Asit Sharma and Deidre Woollard discuss: If consumer spending will remain strong over the holiday season. The impact of the rise of mobile shopping. Whether or not retailers can trust the supply chain. (13:27)Founders and investors sit on opposite sides of the table and they dont always agree. Venture capitalist Jerry Neumann and serial founder Liz Zalman look at both sides in their book Founder vs. Investor. Access your Stock Advisor discount here:www.fool.com/mfmdiscount Companies discussed:ADBE, AMZN, SHOP, UPS, WMT, UBER, DDOG, OKTA Host: Deidre Woollard Guests:Asit Sharma, Jerry Neumann,...

Rule Breaker Investing Fundamentals

Investing has plenty of rules. Dont invest in stocks without earnings. Sell half your position after a stock doubles. But, who made those rules anyway? Ricky Mulvey caught up with Rule Breakers Lead Advisor Tim Beyers and The Motley Fools co-founder and Chief Rule Breaker David Gardner to discuss: - What makes a business a Rule Breaker. - Investing lessons from Apple, Tesla, and Intuitive Surgical. - How to invest like a venture capitalist. - Creating your own investing rules. - What risk actually means for an investor. Companies mentioned: TSLA, ISRG, AAPL, SNOW, CRM, TOST Host: Ricky Mulvey Guests:...

2 High-Growth Companies to Watch

Just because a stock is down 50% doesnt mean that the business is broken. (Or does it?) Ricky Mulvey caught up with Motley Fool Senior Analyst Yasser El-Shimy to talk about some higher growth companies whose stocks have taken a hit. They discuss: - How investors can approach growth stocks with a venture capital lens. - Profitability questions for a streaming data company. - A second look at a space company that went public via SPAC. Companies discussed: CFLT, LMT, SPCE, RKLB Host: Ricky Mulvey Guest: Yasser El-Shimy Engineer: Tim Sparks Production Assist: Alex Friedman Learn more about your ad...

Waze Co-Founder on Entrepreneurship, Autonomous Vehicles, and ChatGPT

When venture capital investors walk into a pitch meeting, they usually know if theyre saying yes before anyone starts talking. Uri Levine is the co-founder of Waze and the author of Fall in Love with the Problem, Not the Solution: A Handbook for Entrepreneurs. Alex Friedman caught up with Levine to talk about: - The early days of Waze. - One way to know if a company will die. - What happens, behind the scenes, when venture capital investors choose investments. - ChatGPT, artificial intelligence, and autonomous driving. Company discussed: GOOG, GOOGL Host: Alex Friedman Guest: Uri Levine Producer: Ricky...

Leadership Strategies & Using Sports to Teach Business

More senior-level women are leaving the workforce than ever before, and just 2% of venture capital funding goes to female-led start-ups. That said, there are plenty of reasons to be optimistic about the future of female leadership and entrepreneurship. Julia Boorstin is CNBCs Senior Media & Tech Correspondent and the author of When Women Lead: What They Achieve, Why They Succeed, and How We Can Learn from Them. Deidre Woollard caught up with Boorstin to discuss: - Closing the funding gap for female-led companies - Shifting power dynamics in healthcare - What sports can teach kids about business - Why...

Knowing When To Quit

Annie Duke was a professional poker player before retiring in 2012. Now, she is a decision-making consultant for a venture capital firm and author of the upcoming book, Quit: The Power of Knowing When to Walk Away. Morgan Housel interviewed Duke in front of a live audience about: - Key differences between patience and stubbornness - How a quitter created Slack - Avoiding the sunk cost fallacy - How pre-mortems can make you a better investor Host: Morgan Housel Guest: Annie Duke Producer: Ricky Mulvey Engineer: Tim Sparks Learn more about your ad choices. Visit megaphone.fm/adchoices

Unexpected Inflation, More Acquisitions, VC Mindset

We're live from FoolFest 2022 and we've got highlights from the day so far! (0:21) Bill Mann discusses: - How the cost of power is putting English pubs in danger - The specific type of acquisition he expects to see more of - Deals in today's market - Takeaways from an interview with venture capital investor Jenny Abramson, founder of Rethink Impact Stocks mentioned: GOOG, GOOGL, CRM, DPZ, DIS Host: Chris Hill Guest: Bill Mann Engineer: Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Generational Tailwind for the U.S. Economy

The Federal Reserve could hike short-term interest rates to 4%, and that still might not be enough to cool inflation. Rich Lyons is the first Chief Innovation and Entrepreneurship Officer for the University of California, Berkeley. Before that, he spent a decade as the dean of Berkleys Haas School of Business. He joined Motley Fool Contributor Rachel Warren to discuss: - How the Federal Reserve could hit a hard break with higher interest rates - A venture capital view about the future of crypto - How universities are creating a generational tailwind for the economy Host: Rachel Warren Guest: Rich...

Theres Always Money in the Banana Stand!

Its not easy being a public company. Zendesk looks to go private, while acquisition battles continue to heat up. (:21)Deidre Woollard and Jason Moser discuss: - Stocks that could be prime acquisition targets. - JetBlues offer for Spirit Airlines. - Venture capital drying up, and what that means for technology innovation. Plus,(14:46)Alison Southwick and Robert Brokamp continue their series on past market declines with Morgan Housel, this time covering the dot-com bubble, and the lessons investors can pull two decades later. Stocks mentioned: ZEN, SAVE, JBLU, ULCC, CSCO, OTLY, PTON, MSFT, IBM Host: Deidre Woollard Guests: Jason Moser, Alison Southwick,...

Metaverse: Unlimited Potential, Very Real Constraints

The future of the metaverse is murky, even if its present technical challenges are clear. But there may be a few trillion reasons why investors should keep their eyes on this new frontier. Venture capitalist Matthew Ball is author of the upcoming book, The Metaverse: And How It Will Revolutionize Everything. Asit Sharma talks with him about: - The technical challenges in bringing the metaverse to life - A murky future for all involved - Why Nike may have meaningful exposure to the metaverse To learn more, click here -https://www.fool.com/investing/stock-market/market-sectors/information-technology/metaverse-stocks/what-is-the-metaverse/ Stocks mentioned: RBLX, FB, NKE, U Host: Asit Sharma Guest:...

Motley Fool Money: 12.09.2011

Jobless claims fall as the EU continues to search for a resolution to the debt crisis. Ford reinstates its dividend for the first time in 5 years. Microsoft releases a major upgrade to Xbox Live. McDonalds stock hits an all-time high and JC Penney buys a stake in Martha Stewart. Our analysts discuss those stories and more, and share 3 stocks on their radar. Venture capitalist Paul Holland discusses the future of technology and Something Ventured, his documentary film about the start of the VC movement. Learn more about your ad choices. Visit megaphone.fm/adchoices

Rule Breaker Investing

Authors in August: Selling Your Business with Sunny Vanderbeck

Maybe you built it from scratch. Maybe your grandparents built it. Maybe you inherited it from Logan Roy. In any case, there may come a time when you are ready to sell your business. But how? To whom? Is there an instruction manual? Turns out there is! Selling Without Selling Out is the book you're looking for, and author Sunny Vanderbeck is here to talk you through it. Authors in August continues with this conversation aimed at business owners, venture capitalists, and investors. Host: David Gardner Guest: Sunny Vanderbeck Producer: Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices

Venture Adventure With Ollen Douglass

To be a Rule Breaker investor, you need to think like a venture capitalist. So... what's a venture capitalist? Glad you asked! The Fool's own Ollen Douglass is here to explain what it is, what it does, and how you can dip your toes in the VC pool. Learn more about your ad choices. Visit megaphone.fm/adchoices

Entrepreneur Month Extra: 10 Commandments of Entrepreneurship with Guy Kawasaki

Guy Kawasaki is currently the Chief Evangelist of Canva, an online tool with the mantra of democratizing graphic design. But his resume goes much deeper. From his early days at Apple to his venture capital firm to his bestselling books, Guy has a long history of helping startups succeed. In this RBI Extra episode, we break down some conventional wisdom with Guy's 10 Commandments of Entrepreneurship. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Deep Wealth Podcast - Unlock Your Deep Wealth—In Business and Life

The Brutal Truth About Leadership, Lies, and Lasting Success From An Expert Who Researched 15,000 Companies Daniel Nikic

Send us Fan MailUnlock Proven Strategies for a Lucrative Business ExitSubscribe to The Deep Wealth Podcast TodayHave Questions About Growing Profits And Maximizing Your Business Exit? Submit Them Here, and We'll Answer Them on the Podcast!Focus on the big picture and avoid distractions. - Daniel NikicExclusive Insights from This Week's EpisodesDaniel Nikic, founder of Cohres and expert in over 15,000 companies, joins The Deep Wealth Podcast to deliver a no-holds-barred look at what it takes to win in business. From his gritty start in a bedroom to advising global venture capitalists, Daniel shares how to cut through data chaos, build...

Venture Capitalist James Wang On What You Need To Know About Deep Tech And AI Today To Prosper Tomorrow (#366)

Send us Fan MailEnjoy the so-called struggles which are opportunities in disguise. - James WangJames Wang, a general partner at Creative Ventures, a deep tech venture firm, discusses investing in early stage companies addressing global challenges. The podcast delves into AI, synthetic biology, advanced materials, and how these technologies can reshape the world. James shares his journey from microfinance in West Africa to leading AI investments at Creative Ventures.04:42 James Wang's Journey: From Nonprofits to Venture Capital11:19 The Mission and Vision of Creative Ventures13:47 Advice for Entrepreneurs and Investors29:13 National Security and AI: A New Industrial Revolution29:57 The Impact of...

Investment Banker Michael Butler Reveals Why An Unsolicited Offer Is The Worst Offer When Selling Your Business (#336)

Send us Fan MailEnjoy the journey as its the journey, and not the destination, that provides fulfillment and joy. -Michael ButtlerIn this episode, Michael Butler, Senior Director at Footprint Capital, shares his extensive experience in buy-side and sell-side engagements. The conversation explores strategies to turn unsolicited offers into valuable market insights. Butler advises on key questions to ask potential buyers before signing NDAs and emphasizes the importance of preparation and running a competitive process. He also discusses his journey from CPA to venture capital and investment banking, demonstrating how diverse experiences can culminate in valuable expertise.00:00 Meet Michael Butler: A...

Ted Lindsley On In The Trenches Strategies To Optimize A Liquidity Event (#117)

Send us Fan Mail"The wisdom that I have today as a result of the path that I've chosen." - Ted LindsleyTed Lindsley is a serial startup, CEO, and technopreneur with three successful ventures under his belt and two exits, including one to a $2.5 billion NASDAQ traded company. He has a proven track record of recruiting exceptional talent and leading those teams to achieve success.Ted has raised millions of dollars in venture capital, secured over 20 patents, has been interviewed on every major television network and provided SME testimony to Elected State Legislative Groups. In his early career, Ted spent...

The Disciplined Investor

TDI Podcast: Yuk Yuk with Lindzon (#970)

War is on or off cant keep track But, nothing has changed with the flow of oil What is the story that markets really telling us ? And our guest, Howard Lindzon, Founder of Social Leverage. NEW! DOWNLOAD THIS EPISODE’S AI GENERATED SHOW NOTES (Guest Segment) Howard Lindzon has over 20 years of experience in both public and private market investing. He previously founded and managed the hedge fund Lindzon Capital, and is currently the founder and General Partner of the early-stage venture capital firm Social Leverage as well as the CEO at Stocktwits, the leading social platform for traders...

TDI Podcast: Profit on Predictions (#943)

Bank earnings looking good so far (for the big boys). CHINA TRADE WAR but what that really mean? 10 yr yield tapping on 4% and markets showing another “V” recovery – or fake out? And our guest, Howard Lindzon, Founder of Social Leverage. NEW! DOWNLOAD THIS EPISODE’S AI GENERATED SHOW NOTES (Guest Segment) Howard Lindzon has over 20 years of experience in both public and private market investing. He previously founded and managed the hedge fund Lindzon Capital, and is currently the founder and General Partner of the early-stage venture capital firm Social Leverage as well as the CEO at...

We Study Billionaires - The Investor's Podcast Network

TIP801: Value Investing Meets Venture Capital w/ Kyle Grieve

In todays episode, Kyle Grieve discusses lessons from venture capital that long-term value investors can apply to improve decision-making. He explores concepts such as power laws, network effects, de-risking investments, and the importance of holding high-potential businesses. IN THIS EPISODE YOULL LEARN: 00:00:00 - Intro 00:03:23 - How venture capital power laws shape investing returns and portfolio outcomes 00:06:19 - Why a tiny number of winners dominate most long-term investing results 00:08:41 - Why selling potential power-law winners early can severely damage portfolio performance 00:08:41 - How modest portfolio contributors can evolve into massive long-term winners 00:09:21 - Why accepting...

TIP693: The Power Law: Unlocking Venture Capital's Secrets w/ Clay Finck

In this episode, Clay explores The Power Law by Sebastian Mallaby and uncovers the secret behind venture capitals astonishing success. The Power Law is a fundamental law of the universe that explains why just a handful of disruptive companies, like Google and Tesla, generate the lions share of returns. To win in the world of venture capital, investors must seek out bold, unconventional founders to back the next big idea. Tune in to learn how understanding the Power Law can transform your perspective on investing and help you spot tomorrows breakout winners. IN THIS EPISODE YOULL LEARN: 00:00 - Intro...

BTC192 - Silicon Valley Mafia Holding the Elites Bitcoin w/ Mark Goodwin (Bitcoin Podcast)

In this episode, Mark Goodwin, author of "The Chain of Custody: The Mafia Holding the Elites Bitcoin," explores the article's central themes, the concept of 'covert dollarization,' and Bitcoin's impact on venture capital and US intelligence. We also cover privacy and security concerns, and the future of Bitcoin in emerging markets. IN THIS EPISODE YOULL LEARN: 00:00 - Intro 02:07 - The central message of "The Chain of Custody: The Mafia Holding the Elites Bitcoin." 02:49 - Insights from Mark Goodwin's book, "The Bitcoin Dollar." 05:25 - Explanation of Endeavor and its importance in the entrepreneurial ecosystem. 09:13 - The...

Classic 23: Lessons from Billionaire Peter Thiel

On todays classic episode,we study Billionaire Peter Thiel. Peterco-founded PayPal and he was the CEO until the sale to eBay in 2002 for $1.5 billion. After the sale of PayPal, Thiel started a big data analysis company called Palantir Technologies.He also became the founder of a venture capital firm called Founders Fund. With this firm, Thiel became Facebooks first outside investor when he acquired a 10% stake for as little as $500,000 in August of 2004.Peters personal net worth today is about $5 billion and he remains active in numerous tech businesses. IN THIS EPISODE YOULL LEARN: 00:00 - Intro...

TIP541: How Equity Crowdfunding is Changing the Game w/ Daniel Gallancy

On todays episode, Clay Finck sits down with Daniel Gallancy to chat about the evolution of capital markets and how equity crowdfunding allows individual investors to get access to new investment opportunities. Daniel is the CEO of Atakama. Atakama is a cybersecurity company that is pioneering multifactor encryption, enabling unrivaled data protection through distributed cryptographic key management. Organizations rely on Atakama to protect their most sensitive data, even when identity or rules-based access controls fail. IN THIS EPISODE YOULL LEARN: 00:00 - Intro 00:04:30 - How the venture capital space grew from nothing to a $750 billion industry. 00:08:43 -...

BTC105: It's Bitcoin Not Crypto w/ Cory Klippsten (Bitcoin Podcast)

IN THIS EPISODE, YOULL LEARN: 01:21 - Cory's one over the world view of everything happening after the FTX bankruptcy. 07:49 - What are the issues with "Crypto" Venture Capitalists? 07:49 - How the Crypto scam works. 10:29 - Was SBF doing unethical things? 14:44 - How could people identify such fraudulent activities in the future? 32:11 - The Library Ruling - what are the implications? 34:51 - Cory's Background and how he got into Bitcoin. 41:10 - What the Bitcoin Pacific Conference was like. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND...

RWH015: Betting Better in Markets & Life w/ Annie Duke

IN THIS EPISODE, YOULL LEARN: 12:49 - How Annie Duke got sick, quit academia, & became a professional poker player. 18:24 - How poker taught her to embrace uncertainty & recognize the limits of what we know. 27:26 - How a legendary poker champion taught her to think more rationally about luck & loss. 37:45 - Why its important to think probabilisticallyand how to strengthen this skill. 41:49 - How Annie helped a venture capital firm to improve its decision-making process. 44:54 - What skills & insights can be transferred from the game of poker to the game of investing....

TIP469: Would Warren Buffett invest in venture capital? W/ Kiyan Zandiyeh

IN THIS EPISODE, YOULL LEARN: 01:14 - What we can learn from Warren Buffett that can be implied in venture capital. 04:09 - Why emerging markets and frontier markets generate superior returns. 10:59 - What value add can a good investor bring to the table. 36:05 - How to measure and validate the returns of venture capital companies. 43:39 - What impact investing is. 1:04:23 - How to identify the right team to lead a company. *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful...

TIP400: Mastermind Q4 2021

IN THIS EPISODE, YOULL LEARN: 01:07 - What is Tobias Carlisle's view on the general stock market? 03:20 - Why angel investing and venture capital is currently being indexed without due diligence. 05:35 - Why Tobias Carlisle thinks that Lockheed Martin is undervalued (Ticker: LMT). 24:32 - Whether Stig Brodersen has doubled down on Alibaba. 25:39 - Why Stig Brodersen thinks that GoDaddy is undervalued (Ticker: GDDY). 39:24 - Why GoDaddy is not a tech company. 44:08 - Why Hari Ramachandra believes that Verizon is undervalued (Ticker: VZ). *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS...

BTC031: Investments in Bitcoin Tech w/ Alyse Killeen (Bitcoin Podcast)

IN THIS EPISODE, YOULL LEARN: 04:25 - How Alyse Killeen got started in Bitcoin and Venture Capital 13:45 - What Alyse looks for when finding a great company in the Bitcoin space 15:20 - What the board room conversations sound like today 20:21 - Alyse thoughts on Defi and smart contracts on Bitcoin 25:07 - How Lighting will evolve in the coming 5 years 33:11 - How stable coins will evolve moving forward 39:31 - How the lending and borrowing market will progress in the future 50:16 - Her thoughts on El Salvador 53:35 - What advice she would give...

TIP354: Building Berkshire 2.0 w/ Chamath Palihapitiya

In todays episode, Trey Lockerbie sits down with Chamath Palihapitiya. Chamath is the founder and CEO of Social Capital, his conglomerate focused on solving climate change and inequality, which he has referred to as Berkshire Hathaway 2.0. Chamath was an early executive at Facebook and then went on to become a super successful Venture Capitalist, with early investments into Amazon, Tesla, Slack, and Bitcoin. Hes also now the Chairman of Virgin Galactic and a part-owner of the Golden State Warriors. Chamath has developed a large internet following because of the broadcasting of his SPAC investments in easy-to-digest one-pagers, earning the...

TIP351: The Psychology of Money w/ Morgan Housel

In todays episode, Trey Lockerbie sits down with Morgan Housel, who is a partner at Venture Capital and PE firm Collaborative Fund. Hes a former columnist at The Motley Fool and Wall Street Journal, and also the author of the international best-selling book, The Psychology of Money. IN THIS EPISODE, YOU'LL LEARN: How time is the biggest factor in Warren Buffetts success How Ben Graham wouldnt read his own book today How success is a lousy teacher How Risk and Luck go hand in hand And how to win in investing requires playing a different game than everyone else BOOKS...

TIP 010 : Venture Capital Q&A (Investing Podcast)

In this episode ofThe Investor's Podcast,Stig and Preston have a question and answer period with Peter Gaudet - an owner of his own Investment Bank. The panel discusses venture capital and how to be successful as the founder of a company. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. New to the show? Check out ourWe Study Billionaires Starter Packs. Our tool for picking stock winners and managing our portfolios:TIP Finance Tool. Check out ourFavorite Apps and Services. Browse through all our episodes (complete...