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Venture Stories by Village Global takes you inside the world of venture capital and technology, featuring enlightening interviews with entrepreneurs, investors and tech industry leaders. The podcast is hosted by Village Global partner and co-founder Erik Torenberg and produced by Brett Bolkowy. Chec…

Village Global


    • Nov 10, 2022 LATEST EPISODE
    • weekdays NEW EPISODES
    • 58m AVG DURATION
    • 1,084 EPISODES

    4.4 from 110 ratings Listeners of Venture Stories that love the show mention: silicon valley, erik, tech, thinking, interview, etc, guests, insightful, host, like, great, venture stories, twitter integration, please talk slower.



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    Latest episodes from Venture Stories

    The Future of the Space Economy with Mo Islam

    Play Episode Listen Later Nov 10, 2022 38:47


    Mo Islam (@itsmoislam), co-founder of Payload Space, joins Lucas Bagno and Ian Cinnamon on this episode. Takeaways:- There is no doubt that we are in the early stages of the space economy, Mo says.- The cost to go to Mars will be paid many times over by the young engineers who will be inspired by the mission.- There are three main buckets in the space economy: space for earth (companies creating products for humans on earth via their space endeavors), space for space (companies serving other companies in space) and beyond earth (“science fiction”-type activities like colonization, mining, and exploration).- The International Space Station cost $100B to build.- SpaceX built the Falcon 9 at 1/10th the cost that NASA estimated.- In the 1960s there were only two space programs but now there are 80+ and they are all trying to get an economic return on investment.- Mo's contrarian take is that launch is actually underhyped. Very few companies have a launch vehicle that has made it to orbit with a significant payload capacity.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Dual Use Tech with Ari Schuler and Andrea Garrity

    Play Episode Listen Later Nov 3, 2022 38:44


    Ari Schuler, CEO of goTenna, and Andrea Garrity, Chief Growth Officer of goTenna, join Lucas Bagno and Ian Cinnamon join us on this episode of Solarpunk. Takeaways:- goTenna was founded after Hurricane Sandy when a brother and sister didn't know if the other was safe because the cell network weren't working. It has since grown into the company that it is today, selling to government as well as consumers.- Ari and Andrea suggest that startups refrain from complaining or dwelling on how tough the procurement system is to navigate in the US government. They say “pass the test, don't fight the test.”- Andrea says that much of innovation is personality driven — finding the right people who will run through walls when everyone else gives up.- There is plenty that they would change about the government procurement system. If one agency has found a tech useful, other agencies should be able to also use that tech without going through all the paperwork and bureaucracy over again.- The fact that US doesn't manufacture much at home and would be stranded if a major war started tomorrow is of concern to them.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Unbundling K-12 Education with Joe Connor of Odyssey

    Play Episode Listen Later Oct 26, 2022 27:39


    Joe Connor (@josephjconnor), founder of Odyssey (@WithOdyssey_), joins Anne Dwane and Lucas Bagno on this episode. Takeaways:- ACT test scores are at the lowest level in 30 years. 42% of students met none of the college readiness benchmarks.- District schools are not providing what parents need so children are leaving them in large numbers.- Parents have realized that they would be better off unbundling education so that children receive different parts of their education in different places, not just at a single district school.- Odyssey is fundamentally changing how education is funded in the US.- The US has 132,000 K-12 schools. For context, there are 13,000 McDonald's locations. Teachers are the second largest occupation category in America after retail clerks.- Parents have been able to successfully push for programs like Odyssey's by contacting their state senator or congressperson.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Spacecraft Manufacturing with Apex's Ian Cinnamon and Max Benassi

    Play Episode Listen Later Oct 24, 2022 32:05


    Ian Cinnamon (@iancinnamon), co-founder and CEO of Apex Space, and Max Benassi (@mxbenassi), co-founder and CTO, join Lucas Bagno on this episode of Solarpunk. Takeaways:- The cost per kilogram to get things into space has gone down dramatically over the last several years. - Satellites have two parts: a payload and a bus. The bus is the actual structure of the satellite and despite all the hundreds of billions of dollars invested in launch companies, basically no venture money has gone into satellite bus manufacturing.- Satellite buses are currently designed from the ground up and assembled by hand in small volumes.- Apex (apexspace.com) is working on building scalable and reliable satellite buses.- The founders fundamentally believe that humans will be a multi-planetary species and that in the future all these spacecraft that will be carrying people around the solar system will not be made by hand. - Despite the economic downturn, there has never been a better time to be a founder. Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    A Deep Dive on SBIRs with Ben Van Roo

    Play Episode Listen Later Oct 20, 2022 50:36


    Ben Van Roo (@DavidNorthStar), co-founder and CEO of Yurts AI, joins Lucas Bagno on this episode of Solarpunk. Takeaways:- The Small Business Innovation Research program was originally developed as a grant program to allow small companies do innovative research. The gene for cystic fibrosis was discovered from the program.- If you're a small company and you get an SBIR contract, you should not count on getting a government contract.- It has been very difficult for software companies to get a program of record contract because that has not been the typical model of defense in the past.- The nature of war is shifting away from large platforms and big garrison-style bases.- There have been 20-30 “SBIR mills” that have taken $3.5B combined in phase 1 and 2 contracts. Ben would put hard caps on the amounts that companies can get from the program and the types of companies that can apply to the SBIR program.- Commercial technology has outpaced the defense industry by far.- It's very difficult for small companies to even fill out the forms required for the SBIR program. Making it more friendly for newcomers would make a big difference to the program.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Deep Nishar's Lessons From Building Products at Google and LinkedIn

    Play Episode Listen Later Oct 18, 2022 39:16


    Deep Nishar (@deepnishar), Managing Director at General Catalyst and formerly of LinkedIn and Google, joins Anne Dwane on this episode. Takeaways:- The best product hires have the brain of an engineer, the heart of a designer, and the speech of a diplomat. - When you're interviewing people for product roles at startups, don't ask people what they would do but rather what they have done in the past. You want people who have a sense of adventure and can work without a lot of structure.- The first fifty hires at a company completely define the company culture.- Tech debt is a fact of life. Don't worry about it until you get to MVP.- When you're a founder, consider whether you want a poet or a librarian as a product leader. A poet will take on product strategy as well as execution, while a librarian will take product direction from you and implement it.- Truly world-class product leaders can build not just a product, but a product operating system — the product that builds more products. Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Reimagining The Kill Chain with Christian Brose

    Play Episode Listen Later Oct 6, 2022 52:20


    Christian Brose (@cdbrose), Chief Strategy Officer at Anduril and author of The Kill Chain, joins Lucas Bagno on this episode. Takeaways:- The US military and its procurement system has been built for equipment that is big, heavy, and hard to replace — things like ships and aircraft carriers and tanks. - Commercial technologies can contribute to a military with equipment that is more agile, lower cost, and easier to replace.- People in the government are, in 2022, trying to figure out what the military is going to need in 2032. This eliminates incentives for disruption and surprise. The military gets what it wanted, even if what it wanted doesn't solve the problem.- It would be ideal to bring capitalism into the procurement process so that there are new incentives and real competition.- China has been using a systematic, methodical strategy since the 1990s with the aim of displacing the US.- There has never been a competitor to the US with the scale that China has in more than a century.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Restoring Dynamism in a Decadent Society with Ross Douthat

    Play Episode Listen Later Sep 29, 2022 51:47


    Ross Douthat (@DouthatNYT), New York Times columnist and author of The Decadent Society, joins Lucas Bagno and Ian Cinnamon on this episode. Takeaways:- Since the moon landing, we have entered a period of stagnation. Confidence and optimism have declined and culture has entered a repetitive spiral where patterns from the 60s/70s have been repeating themselves.- Government has become less effective and more gridlocked over time.- The world's richest societies are dealing with a population problem. They are not reproducing themselves, which has led to aging societies that are “stable but stuck” because they are resistant to change.- The internet has been more of a conduit to cultural repetition than people think — old music is often most popular music on streaming services.- The traditional story of science has been that it triumphed over religion but science emerged from an extremely religious society and it would be no surprise to Ross if as religion decays scientific progress might as well.- Ross says that we need a renaissance to get ourselves out of the age of decadence — a reaching back into the past while synthesizing all the advancements that have come about in the meantime.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Data-Driven Insights on Venture Capital with Steve Kim

    Play Episode Listen Later Sep 27, 2022 49:17


    Steve Kim (https://www.linkedin.com/in/stevenrkim/), Partner and head of Investment Strategy at Verdis, a 9-generation single family office, joins Olga Serhiyevich (@olgaserhi), Head of Investor Relations at Village Global, on this episode. Takeaways: Early stage venture is a power law asset class where the returns of the asset class are driven by outliers. The best way to increase probability of getting asset class rate of return is by increasing variance in the portfolio through diversification. Pattern matching tends to reduce variance and contrary to industry's beliefs, is undesirable from the systematic approach perspective. There is no limit to diversification beyond practical limitations of being able to see and invest in all the relevant deals for GPs. 20-30 portfolio companies is a typical level of diversification in other asset classes including growth equity and buyout where returns are normally distributed. In early stage venture (pre-seed to Series A) this level of diversification is less likely to produce industry average returns on a consistent basis. The average rate of unicorn production is 1-2% in the industry but it varies across sectors, vintage years and geographies. So, Verdis chooses to maximize diversity across the number of companies, sectors and vintages because there is no clear indication in data that subsets of those are more likely to produce outliers but invest with a bias towards key geographies due to higher concentration of unicorns there. Most of the outliers in the US of the last decade came from two geographies - California and New York. The magnitude of these outliers was also significantly greater than unicorn companies built elsewhere. For example, on average it takes 4 non-California outliers to equal the magnitude of outcome of a California unicorn. Startup exit data from other geographies looks a lot more normally distributed which calls for a different approach. Data-driven investment strategy's main drawback is the backward-looking nature of the approach. But it's useful in that it provides a systematic approach to guide portfolio construction. If managers believe that the part of the VC asset class they focus on follows power law distribution, then they would want to have the most diversified portfolio as possible with a lot more than traditional 10-20 companies. In the power law world, losses don't matter. One of the key insights from investing in venture for almost two decades is that most managers are going to stage-drift. Allocating to emerging managers who often focus on early stage due to smaller fund sizes and comfort with first check investing is one way for LPs to hedge against stage-drift. In Verdis's view, low reserves and quick capital deployment cycle is advantageous to LPs focused on multiples not IRRs.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Innovating in National Security with Raj Shah

    Play Episode Listen Later Sep 22, 2022 40:29


    Raj Shah, Managing Partner at Shield Capital, joins Lucas Bagno and Ian Cinnamon on this episode. Takeaways:- Raj and Shield don't care whether a founding team has experience selling to government, because the firm can help with that. They evaluate the team, the market and the tech when they're looking at an investment.- Ash Carter was the first sitting Secretary of Defense to come to Silicon Valley in decades when he visited to jumpstart new initiatives to encourage startups working with government.- Raj recommends that startups work with organizations within the government that have a mandate to move quickly. - If a company decides to work with consultants, ensure that incentives are aligned such that the consultant benefits when the company benefits, rather than the consultant receiving a large payment regardless of the outcome.- Many more generalist investors have been investing in defense, but it's a very difficult space to invest in. It takes time for investors to learn the jargon and the players.- When a company is evaluating and investor, it should ask two primary questions: 1) Does this investor truly understand the customer set? 2) Can this investor be helpful in company building in the boardroom?Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    The State of Digital Transformation in Latin America in 2022

    Play Episode Listen Later Sep 20, 2022 46:08


    Julio Vasconcellos and Ana Martins, partners at Atlantico, join Anne Dwane and Lucas Bagno on this episode to discuss Atlantico's Latin America Digital Transformation Report 2022. Takeaways:- In the rest of the world, digital adoption has reverted to the pre-pandemic mean, but digital transformation has continued at the same pace in Latin America.- Developers in Latin America are more likely to accept remote job offers and people working remotely have more satisfaction in their jobs than those working in-person.- Fintech deals continue to be 40-50% of volume in the region.- Latin America has a higher proportion of SMBs than any other region but they contribute less to GDP comparatively.- Brazilians are some of the most active internet and social media users in the world.- Julio and Ana say that there is an immense opportunity in this digital transition but that it still requires a lot of caution. Funding has been drying up as public market multiples trickle down to earlier stages. They recommend that founders be very mindful of cash and runway.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Mike Brown on How To Ensure The US Leads Defense Innovation

    Play Episode Listen Later Sep 15, 2022 51:46


    Mike Brown, former director of the Defense Innovation Unit, joins Lucas Bagno and Ian Cinnamon on this episode. Takeaways:- It can easily take 10-20 years for tech to make its way into the Department of Defense. The Defense Innovation Unit helped speed that process up dramatically.- Some of the most important technologies being used in the war in Ukraine are commercial technologies. Mike thinks that the Department of Defense should be focusing on commercial technology much more often.- Many founders don't realize that government dollars are allocated for specific uses, i.e. marketing, or research and development, and those dollars can't be used in another area, even within their company.- Commercial synthetic aperture radar technology used in satellites made a big difference in Ukraine. The US played a large role in developing that game-changing technology and Mike wants to keep it that way.- It's estimated that there will be 1000 commercial satellites for every government satellite in the future.- Defense primes are great at integrating several technologies into a single solution. - Mike says that CIFEAS should be harmonized with our allies so that China and other countries can't go to a different country and find the same tech.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Investing in Defense with Alex Moore

    Play Episode Listen Later Sep 1, 2022 38:06


    Alex Moore (@AustinGiraffe), investor at 8VC and board member at Palantir, joins Lucas Bagno and Ian Cinnamon on this episode of Solarpunk. Takeaways:- Alex was one of the original team members at Palantir. He says that helping build the company helps him pattern match today to find the best founders.- Defense investing is not like normal VC investing. The usual model of investing $2M, then $10M, then $30M to give a company momentum doesn't work when you have to deal with budget cycles, lobbying, and politics.- It typically requires $1B to get a defense company to IPO.- Alex would like to see procurement officers in the US government be allowed to be more entrepreneurial and for the government itself to move away from rigid line item budgeting, so that it wouldn't take 2-3 years for high priority items to make it into the budget.- He would like to radically expand the SBIR program so that more contracts go to startups.- Governments should be picking winners, in his opinion. The best tech should win the whole market and the government should invest in the one big startup that will deliver massive scaled solutions.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Web 3 Series: Bringing Smart Contracts to Bitcoin with Muneeb Ali

    Play Episode Listen Later Aug 30, 2022 50:45


    Muneeb Ali (@muneeb), co-founder of Stacks, joins Erik on this episode. Takeaways:- Muneeb says that Bitcoin is winning as money, and that he wants to make that capital productive. He's "bringing smart contracts to where the money is."- Bitcoin's architecture implies that there shouldn't be much flexibility and programmability on the base layer blockchain.- A criticism of Ethereum is that it is trying to be too many things to too many people.- There is a basket of Layer-1s that are gaining market share against Ethereum.- One criticism of Bitcoin is that there are only two things you can do with a wallet — sit on your BTC or send it to someone else.- Bitcoin has the most mainstream adoption and has “crossed the chasm” more than any other cryptocurrency.- All of the forks of Bitcoin are worth less than 1% of the current market cap of Bitcoin.- Bitcoin is very durable and resilient. Software created years ago for Bitcoin still works today, something that can't be said about other chains.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary onthe latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Web 3 Series: Building a Decentralized Social Network with Dan Romero of Farcaster

    Play Episode Listen Later Aug 23, 2022 55:43


    Dan Romero (@dwr) of Farcaster joins Erik on this episode. Takeaways:- Dan says that his first love was information. He loved RSS and the goal with Farcaster is to improve RSS enough so that it can compete with Twitter.- He aims to grow Farcaster large enough so that developers can innovate using their API and data permissionlessly.- Any developer can build whatever they want on Farcaster — features are not limited to what the core team wants to see built.- Eugene Wei's Status as a Service theory is correct in Dan's opinion.- They doubled down on the client and having a polished UX at Farcaster. Dan says that the platform is only as good as the number of people using it. The client helps grow the user base.- Dan believes in first principles thinking when it comes to product decisions. He strongly believes that the average user is not going to spend money to take action on a social network.- According to Tim Wu's The Master Switch, all major communication technologies typically start out decentralized and become more centralized over time because centralization has tended to provide a superior consumer experience.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Web 3 Series: How Macro will Impact Crypto with Travis Kling

    Play Episode Listen Later Aug 16, 2022 57:20


    Travis Kling (@travis_kling) of Ikigai Asset Management joins Erik on this episode. Takeaways:- Bitcoin's value proposition is the most challenged in the five years that Travis has been paying attention to it. It has underperformed in the market downturn and turned out not to be as much of an inflation hedge as people thought.- Bitcoin loves quantitative easing and hates quantitative tightening.- Travis figures that we are headed into a recession.- The single biggest driver for crypto will be the Fed.- Bitcoin is the only crypto that isn't a venture bet.- There are a large number of risks heading into the Ethereum merge in Travis's opinion. At the same time there are more institutional investors willing to buy than at any time prior.- Travis and team are captivated by play-to-earn and X-to-earn and think that it will reimagine human coordination over the next decade.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    The Rare Earths Threat with Nathan Picarsic

    Play Episode Listen Later Aug 11, 2022 38:32


    Nathan Picarsic, co-founder of Horizon Advisory, joins Lucas Bagno and Ian Cinnamon on this episode of Solarpunk. Takeaways: - There are 17 rare earth metals that are of immense strategic importance. They are used in a vast array of everyday products like consumer electronics, medical devices, electric vehicles, and more.- China has a strong influence in this space. They have many mines but are even more dominant downstream — they control much of the processing of these metals and the manufacturing of products from them.- Nathan says there should be more awareness of the geopolitical risks associated with rare earth metals, there should be more investment in the space within the US, and the US should work with its partners and allies to help secure the supply chain.- China's ambitions to control rare earth metals intersect with their Belt and Road initiative and their Made in China 2025 strategies.- Nathan says that the US needs policy changes to combat this threat, including changes to the tax code to incentivize investment, encouraging more domestic and allied materials in the supply chain, using the Defense Production Act, and monitoring market manipulation by China.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary onthe latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Web 3 Series: The Transformative Power of Smart Contracts with Joel Monegro

    Play Episode Listen Later Aug 9, 2022 59:54


    Joel Monegro (@jmonegro), partner at Placeholder, joins Erik on this episode. Takeaways:- Every financial asset is a contract between two or more people. The world economy is basically a set of contracts on a ledger.- A smart contract is like an API, but on-chain, so it can't be taken down. In many cases, not even the developers can retract a smart contract.- Value capture and value accrual are two different things — capture is where the value is stored and accrual is where it is going. This is something that is often misunderstood about the fat protocols thesis.- The best way to think about smart contract networks is as nations. They enforce contracts the way nations do and in Joel's opinion the ones that are most sovereign are the ones that are most decentralized.- Over time functionality and performance will come to be similar between networks and it is trust and governance that will differentiate them.- Joel expects 4-6 very large smart contract networks to emerge.- The core of decentralized social will be NFTs. The recent NFT craze reminds Joel of the ICO boom of 2017. Many were useless but there were lots of protocols and communities that remained.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary onthe latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Steve Blank on Rebuilding the Department of Defense

    Play Episode Listen Later Aug 4, 2022 52:23


    Steve Blank (@sgblank), creator of Hacking For Defense and author of 4 Steps To The Epiphany, joins Lucas Bagno and Ian Cinnamon on this episode of Solarpunk. Takeaways:- The secret history of Silicon Valley is that it emerged from the government's desire to develop advanced technology and weapons in universities during World War II.- Stanford became a powerhouse in microwaves and electronics post-WWII. People were encouraged to leave to start companies, which kickstarted Silicon Valley.- The Department of Defense needs a radical redesign. Steve says the US can't even keep pace with innovation in North Korea, let alone China.- The DoD was designed for a different world. China currently operates like Silicon Valley and the DoD operates like GM.- The “game is fixed” against small startups trying to sell to the government.- Steve says things typically don't change unless there's a leadership change or a crisis, and that the US is lying to itself about China and how fast it is advancing.- Billionaires like Peter Thiel, Palmer Luckey, and Elon Musk have accomplished “miracles” building companies in the defense space in spite of how the system is designed. Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Antonio Garcia-Martinez on Why Ads are an Inevitable Part of Web 3

    Play Episode Listen Later Aug 2, 2022 35:41


    Antonio Garcia-Martinez (@antoniogm), author of The Pull Request, joins Erik Torenberg and Ian Cinnamon on this episode. Takeaways:- The first version of ads on the web, banner ads, looked like ads in the newspaper, because often the new version of media looks like the last version of media — that's skeuomorphism.- Apple's app tracking transparency is breaking the model for Facebook and Snap.- Antonio says there won't be a media ecosystem in Web 3 without attribution.- The advent of balanced and nuanced journalism decades ago was a luxury born of ads.- We will likely live in a Web 2.5 world for a while where incumbents won't lose their fiefdoms but there will be new experiences and new spaces to conquer.- Web 3 is both private and public — Visa doesn't post all your transactions the way on-chain payments reveal them.- The average user trades privacy for other things and as the scale of Web 3 grows, privacy will likely become less of a focus.Antonio's posts on ads and Web 3:Attribution rules the world (and it'll rule Web3 too)https://www.thepullrequest.com/p/attribution-rules-the-world-and-itllEverything is an ad network: How to pay for Web 3https://www.thepullrequest.com/p/everything-is-an-ad-networkThanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Web 3 Series: The Trillion Dollar Opportunity to Reshape Money with Avichal Garg

    Play Episode Listen Later Jul 26, 2022 58:53


    Avichal Garg (@avichal), founder of Electric Capital, joins Erik on this episode. Takeaways:- Downturns impact large companies much more than founders and early stage investors because the companies are so small relative to their total addressable market.- Managing your own psychology in a downturn is the most important skill for a founder in these times.- Crypto is like a platypus — it has properties of growth tech, a store of value, and commodities.- People in the US sometimes look at crypto and don't see the use case but for those people around the world who are not on the US dollar, the use cases for crypto are clearer.- Crypto is an important technological breakthrough but more importantly is also a social science breakthrough: people are exchanging money for ones and zeros.- The transformation of money by crypto will start at the fringes rather than replacing conventional money all at once. It will start with young people, the wealthy, and the underserved.- An AI with a smart contract acting on chain managing a billion dollars in a non-jurisdctional way will be very disruptive.- In the future people will signal status in digitally, with NFTs rather than watches.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary onthe latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Web3 Series: The Next Chapter for DAOs, Gaming, and Crypto Communities with Jeff Morris Jr.

    Play Episode Listen Later Jul 19, 2022 47:41


    Jeff Morris Jr. (@jmj), investor at Chapter One, joins Erik Torenberg and co-host Ian Cinnamon. Takeaways:- Jeff realized the power of subscriptions during his time at Tinder. He says that digital goods are an even better version of subscriptions.- Web3 is almost entirely missing mobile usability.- Crypto apps could add a reputation layer to existing Web2 use cases, like dating apps.- People are still using Web 2.0 community products to create communities for Web3.- Web3 games need to move away from speculation and towards building genuine player enjoyment.- Seed investors need to be creative but also mindful of what other people will invest in. It's important to understand business models and what is sustainable.- Corrections help to reset the whole ecosystem.- It's hard to unseat the dominant marketplace, whether in Web 2.0 or Web3.- Crypto is big enough that even if you aren't a crypto investor, you should be spending some time in the space.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary onthe latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Web3 Series: How Music Will Drive Web3 with Cooper Turley

    Play Episode Listen Later Jul 14, 2022 52:12


    Cooper Turley (@Cooopahtroopa) joins Erik on this episode. Takeaways:- Cooper believes that in 5-10 years music streaming will all be happening on chain.- Cooper cares much more about where culture is happening and where people are spending their time than about underlying technology.- DAOs need to prove that they can help people ship products better than private groups. They may not replace Microsoft but they can mobilize people around smaller niche categories.- Web 1 was the “read” web, Web 2 was “read and write” and Web3 will be “read, write, and own.”- Music has driven other platforms and it will drive Web3.- Music artists will have to be more like CEOs of a company rather than just creators.- Lots of crypto projects will struggle in a bear market when all they had to offer was profit, rather than underlying value.- Culture is becoming finance. There will be the advent of “patronage plus” which allows for someone to own the upside of something rather than just owning the experience.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary onthe latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Our Hypersonic Future with Hermeus' AJ Piplica

    Play Episode Listen Later Jul 12, 2022 51:39


    AJ Piplica (@AJ_Piplica), founder and CEO of Hermeus, joins Lucas Bagno and Ian Cinnamon on this episode. Takeaways:- Every time there has been an acceleration in the speed of transportation in history, high GDP growth has followed.- A switch to hypersonic transportation would unlock $4T in growth.- In the future the key differentiator in air travel will be speed, rather than comfort.- It's currently extremely expensive to do flight testing at hypersonic speeds — $5-10M for only a few seconds of data.- In the 40s and through the Cold War, there were new aircrafts released every few years, but since then the pace of innovation has slowed significantly.- Cost-plus contracts are very comfortable for companies and create perverse incentives.- We are in the midst of a techno-economic pursuit in hypersonic transport and whichever country gets there first gets to write the rules.- The immense amount of political strife in this country keeps AJ up at night but unity amongst smaller cohorts of people working on challenges at a global scale keeps him optimistic.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary onthe latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Building a World-Changing Labor Marketplace with Mike Shebat of Traba

    Play Episode Listen Later Jul 7, 2022 29:22


    Mike Shebat (@mike_sheb), co-founder and CEO of Traba, joins Erik Torenberg and Lucas Bagno on this episode. Takeaways:- There is a huge problem with meeting demand for workers at warehouses and fulfilment centres. There are 75% more jobs in those fields after the pandemic.- Mike worked in warehousing and helped scale UberEats so has strong founder-market fit. Traba's mission of connecting people to work is very meaningful to him.- Mike met his co-founder Akshay through the On Deck Fellowship and they started working on projects together and did an extensive values questionnaire, both of which were very helpful when it comes to founder cohesion.- They have emphasized company values from day one and hired for people who share those values, which has paid dividends.- Mike recommends building trust with your existing investors by sharing challenges and how you plan to solve them. He recommends bringing your existing investors along for the ride into future rounds.- Mike calls Miami “Singapore and New York in Latin America” and loves the optimistic attitude of the people there.- When hiring, Mike looks for people with a high slope and asks them “what was something your manager wanted you to improve on a few years ago and what did you do to become better at it?”- Mike's vision for a Traba mafia, akin to the PayPal mafia, some of whose members are backing Traba.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    SBIRs, PORs, and Lobbyists with Peter Newell

    Play Episode Listen Later Jul 5, 2022 43:51


    Peter Newell (@PeterANewell), CEO of BMNT, joins Lucas Bagno and Ian Cinnamon on this episode of Solarpunk. Takeaways:- Peter was “handed the Ferrari of skunkworks” when he came to be in charge of the Rapid Equipping Force. It was a program that handled over a billion dollars to deploy new technologies.- He became more of an entrepreneur after his time at the REF and that led to starting BMNT.- Often times procurement in the US military is HQ-centric and product-centric and does not take into account the needs of the people on the ground.- The acquisition system that was built in the 1950s in the US presumes that the military can perfectly understand the problem and build a perfect solution for it. However, this takes much too long to deploy and isn't suited for modern times.- A founder can't go all-in on selling to government — they have to be able to build for both government and commercial.- Often times companies will receive indefinite delivery contracts where it is unclear how much money they will actually receive. You might land a budget with SOCOM but it's hard to actually get the dollars out of Congress.- Hiring a lobbyist to educate you on the processes and people within the US government is a good idea but hiring a lobbyist to do business development for you is often not the right approach.- It's best to invest in building networks in VC and at DoD before hiring consultants.- Not having enough people to do the advanced manufacturing that the US needs keeps Peter up at night.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary onthe latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Web3 Series: JD Ross and 3LAU on How Royal is Transforming The Artist-Fan Relationship

    Play Episode Listen Later Jul 1, 2022 48:09


    JD Ross (@justindross) and Justin Blau (@3LAU), co-founders of Royal, join Erik Torenberg and co-host Ian Cinnamon for this episode of our web3 series. Takeaways:- Royal stems from their vision to invest in talent early on.- Streaming increased by 60-70x in about 5 years from 2015 on.- The barrier to entry for artists is much lower — they no longer need a studio, they just need a laptop.- Royal is trying to enable the fan-artist relationship to be more of a partnership.- When fans own a part of an artist's song, they are tied for life.- Justin has sold a ton of tickets in his career but he has zero idea of who those fans are and doesn't have the ability to contact them. The data layer built into Royal helps artists connect with their fans.- In the future, music labels will become much more competitive for artists than they have been in the past.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary onthe latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Erik Torenberg on How Startups Can Help Save The World

    Play Episode Listen Later Jun 29, 2022 46:42


    Erik Torenberg (@eriktorenberg), co-founder and general partner at Village Global and co-founder and co-CEO of On Deck join Lucas Bagno and Ian Cinnamon on this episode of Solarpunk. Takeaways:- Startups are the most effective organizations for solving our biggest problems.- Startups disproportionately contribute to economic growth.- Governments and startups need to work together, not against each other.- China has the GDP per capita of Mexico but they have power because of how big their population is.- Increasing population should be an aim of the US government.- Humans are a naturally technological species and the only way out of our current problems is through technology, not without it.- People in Silicon Valley need to invest in storytelling and capturing hearts and minds. They have a new appreciation for how important politics is.- Ideas from Silicon Valley are being exported around the world —among them are giving without asking for anything in return, alignment via equity, and decoupling where you live from where you work. Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary onthe latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Web3 Series: The State of Crypto in 2022 with Tushar Jain

    Play Episode Listen Later Jun 23, 2022 56:54


    Tushar Jain (@TusharJain_), co-founder and managing partner of Multicoin Capital, joins Erik on this episode to discuss:- The history of crypto over the last several years and the various moments that different technologies like Bitcoin, NFTs, tokens, and others have had.- What the world looks like if the predictions for crypto's impact comes true.- Why Tushar thinks that Ethereum has gone past the point of diminishing returns to decentralization.- Why it's so hard to predict which chains will win.- How crypto can help coordinate millions of people to accomplish big projects.- What we've learned about stablecoins in the last few years.- Why this is a “golden era of investing in crypto” and why we're at a place that is equivalent to mobile in 2012.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    The Future Industrial Network with Hondo Geurts

    Play Episode Listen Later Jun 21, 2022 47:29


    James “Hondo” Geurts, former Assistant Secretary of the Navy for Research, Development and Acquisition, joins Lucas Bagno and Ian Cinnamon on this episode. Takeaways:- What kept Hondo up at night was that there was a good idea out there that wasn't passed on to him and thus wasn't used on the battlefield.- A society can't be secure without prosperity and can't have prosperity without security.- The challenge for startups working with government is that the public is a fickle venture capitalist. They don't like to fund things that don't go anywhere.- It tends to be small and large companies (but mostly large) supplying the Department of Defense. The “middle has been lost.”- The DoD overvalues standardization.- Often in government, the user of the product is not the same as the buyer. Commonly startups make a mistake by not having buyer fit even if there is user fit for a product.- Government values past performance to a fault.- The United States, both via government and private enterprise, needs to build the industrial network of the future.- Commercial technology companies will be on the front lines of the next conflict and need to adapt features to make them resilient.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Web3 Series: Haseeb Qureshi on Navigating The Bear Market and The Next Chapter for Crypto

    Play Episode Listen Later Jun 16, 2022 45:04


    Haseeb Qureshi (@hosseeb), managing partner at Dragonfly Capital, joins Erik for an episode of our Web3 series. Takeaways:- This bear market is driven by macro factors rather than endogenous ones. - It turns out crypto is in fact correlated with other assets, largely because in 2020 institutions started buying crypto.- Projects searching for yield in a yield-starved environment drove growth in crypto. That may change with rising interest rates.- Adoption will drive the next chapter of crypto. Gaming and NFTs will lead the way.- Sometimes boring, stable governance is best. ETH has that today. It's like Manhattan — it's old and kind of pricey, but it's the most important place that things are happening today.- Governments could ban Bitcoin, but they haven't, likely because it's not actually all that threatening to them.- Blockchains are like cities. They each have their own unique and vibrant cultures.- More decentralization is not always better in practice.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Noah Smith's Deep Dive on the Chinese Economy

    Play Episode Listen Later Jun 14, 2022 80:36


    - The narrative that China can do no wrong and why Noah says it is out of date at this point.- The long-term headwinds that China is facing, including demographic changes, resource limitations, and real estate challenges.- Why America should raise tariffs on anything made in China where it would be strategically important for those goods to be made somewhere else.- The state of real estate in China, including the fact that China's economy is 30% real estate (double the percentage in the US) and that cities in China are sprawling and more akin to Chicago than Tokyo or Seoul.- Xi Jinping's performance to date, why he's “picking losers” in the Chinese stock market to try to bolster certain industries, and why the Zero COVID push is about Xi trying to appear strong.- The fact that China could be moderately competent and could still take over the world because of its sheer size.- Noah's book recommendations for people who want to learn more about China.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Web3 Series: Kyle Samani on ETH Bearishness, DeFi, and Web3 Social

    Play Episode Listen Later Jun 9, 2022 39:22


    Kyle Samani (@kylesamani), co-founder and managing partner at Multicoin Capital, joins Erik on this episode to discuss:- How crypto enables people to coordinate and set up things in the physical world, as with the Helium project.- The shift in Ethereum over the last 24 months and why he says they need to re-think their product development process and shift away from its prior ideological underpinnings to get to a billion users.- Why he thinks that Ethereum is no longer dominant and is long-term bearish on it.- Why consumer social will be the future of Web3 apps in the near future.- Why transactional marketplaces like Uber don't work well in crypto form.- His thoughts on how NFTs evolve and why he says it doesn't make sense to have horizontal marketplaces like OpenSea.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Jacob Helberg on China's Global Influence

    Play Episode Listen Later Jun 7, 2022 48:36


    Jacob Helberg (@jacobhelberg), foreign policy expert and author of The Wires of War, joins Lucas Bagno and Ian Cinnamon to discuss:- Why he says peace through trade was the biggest foreign policy miscalculation in US history.- How US companies have approached operating in China and why Jacob would advise them to proactively work to decouple themselves from the Chinese market.- Why Jacob would prefer that American laws change to restrict Chinese investments in US companies.- Why the Belt and Road Initiative has come to be seen as a debt trap.- What keeps him optimistic and what ordinary Americans can do if they are concerned about China.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Tyler Cowen on Talent: How to Identify Energizers, Creatives, and Winners Around the World

    Play Episode Listen Later Jun 3, 2022 50:48


    Tyler Cowen (@tylercowen) is an economist, professor, and best-selling author. His latest book, Talent: How to Identify Energizers, Creatives, and Winners Around the World, written with co-author Daniel Gross, is available now. Tyler discusses how to discover undervalued talent, the importance of stamina, the best interview questions, peer ratings, late bloomers, and more.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Back to the Basics: Building in a Downturn with Geoff Lewis

    Play Episode Listen Later Jun 2, 2022 44:46


    Geoff Lewis (@GeoffLewisOrg), founder at Bedrock, joins Lucas Bagno and Ian Cinnamon to discuss:- His thoughts on the markets and the advice he has for founders operating in a market like this one.- What is driving financial nihilism and how it has changed society.- Why he's only investing in founders where their company is their life's work.- Bedrock's investments in hardware and companies making things in the physical world.- The perils of politics replacing religion as our mechanism for forming community.- The crisis of meaning in society.- The institutionalization of venture capital over the last decade and why he's an advocate of going back to basics with small teams making fewer high conviction investments.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Bilal Zuberi on Unifying America

    Play Episode Listen Later May 26, 2022 53:43


    Bilal Zuberi (@bznotes), partner at Lux Capital, joins Lucas Bagno and Ian Cinnamon to discuss:- Bilal's investing thesis of finding companies building solutions to interesting problems that impact a lot of people.- Why he's investing in space and defense companies.- What keeps him up at night and how his investments are working on those areas.- Why he's optimistic about unifying America.- How to solve the problem of different people having different sets of facts.- Whether there will be a reckoning for American firms that have invested in Chinese companies.- His advice to founders building in complex markets and working with the government.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Hemant Taneja, General Catalyst on Responsible Innovation, Un-scaling & Thriving in regulated industries

    Play Episode Listen Later May 17, 2022 34:10


    Hemant Taneja (@htaneja), managing partner at General Catalyst and author of Intended Consequences, joins Anne Dwane and Village Global's newest partner, Prateek Alsi, to discuss:- What responsible innovation is and how tech can do good in the world using the framework.- How founders should think about responsible innovation at the earliest stages of a company.- The importance of thinking from first principles. - Lessons from the creation process of the companies Hemant has been involved in.- A better alternative to “move fast and break things.”- Which areas he excited about investing in, including healthcare and India.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Laura Crabtree on Space Software

    Play Episode Listen Later May 12, 2022 48:09


    Laura Crabtree (@llcrabbie), founder and CEO of Epsilon3, joins Lucas Bagno and Ian Cinnamon on this episode to discuss:- What she accomplished during her time at SpaceX and her journey to starting Epsilon3. - Whether the biggest contribution of SpaceX to the industry will be all the amazing people leaving to start their own space companies.- How to get into the space industry if you don't already have a background in it.- Why a company like Epsilon3 hasn't been built before.- The importance of being vulnerable as a founder.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    The PayPal Story: What can we learn from the journey of Peter Thiel, Max Levchin, Reid Hoffman, David Sacks, and others?

    Play Episode Listen Later May 10, 2022 19:15


    Jimmy Soni (@jimmyasoni), author of The Founders: The Story of PayPal and the Entrepreneurs Who Shaped Silicon Valley, joins Ben Casnocha on this episode to discuss:- How diversity and variety of backgrounds and opinions helped PayPal become successful.- The fact that PayPal's leading product was not solving a problem that they had set out to solve, but rather a problem they discovered along the way.- The importance of sitting with your customers and really understanding their perspective and their problems.- What he learned about Peter Thiel, Max Levchin, Elon Musk, Reid Hoffman, and David Sacks.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Joshua Steinman on Unrestricted Warfare

    Play Episode Listen Later May 3, 2022 56:34


    Joshua Steinman (@JoshuaSteinman), founder and CEO of Galvanick, joins Lucas Bagno and Ian Cinnamon to discuss:- The history of cybersecurity at big industrial companies and how he is building “Splunk for industrial systems” to solve that problem.- His time at the National Security Council, what motivated him to work in government, and his work creating an “embassy in Silicon Valley.”- Why, with internet-connected devices, we've traded predictable downtime for unpredictable downtime. He gives the example of a Cadbury plant that was completely shut down by malware.- The different types of cyber attacks, the evolution of war over time, and how to “defend forward” by disabling malware before it shows up on systems.- The concept of “unrestricted warfare” and the fact that the Chinese government thinks about war as a continuous process across many dimensions while the US typically thinks of war on only one dimension.- Information operations and how they have affected public opinion in the US on various topics.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Alex Iskold of 2048 Ventures and 1kproject.org to support Ukrainians

    Play Episode Listen Later Apr 28, 2022 22:37


    Alex Iskold, co-founder and managing partner at 2048 Ventures and creator of 1kproject.org, joins Anne Dwane and Lucas Bagno on this episode to discuss:- What he is doing with 1kproject.org to help the humanitarian crisis in Ukraine.- How he and a team of volunteers are empowering families in the US to send $1,000 directly to the bank card of a Ukrainian family.- How they use tech to vet applications to make sure the most deserving families receive funds.- What the money that is sent to Ukrainian families is typically used for.- The impact of the war on the startup ecosystem in Ukraine.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Martin Gurri on Authority's Reaction to The Revolt of the Public

    Play Episode Listen Later Apr 26, 2022 56:13


    Martin Gurri (@mgurri), author of The Revolt of the Public, joins Lucas Bagno and Ian Cinnamon to discuss:- The genesis of the thesis about the revolt of the public while Martin was working at the CIA analyzing communications as social media and blogging began to take off.- The challenges to authority that the free flow of information has presented and why those societies that allow for open communication have been winning.- The internet's reactionary moment and whether there will be a “revolt of the revolt.”- Why he says that China is “the 20th century gone digital” and why he thinks that will not last.- His belief that democracy will survive and why he thinks that the “psychotic conditions” in American society will not last.- Why elites need to have humility about their ability to solve problems in society.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Manufacturing The American Dream with Chris Power of Hadrian

    Play Episode Listen Later Apr 19, 2022 52:38


    Chris Power (@2112Power), founder and CEO of Hadrian, joins Lucas Bagno and Ian Cinnamon to discuss:- Why manufacturing is key to a strong position in the world order. - The changes in the landscape that have enabled a company like Hadrian to be possible now, where it wasn't five years ago. - What Chris would do if he was running the United States to win the new space race.- How to change the culture in the US so that more serious people can work on serious problems.- Why it's easier than you think to get involved in deep tech.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Reinventing American Manufacturing: Katherine Boyle (a16z), Josh Wolfe (Lux), Chris Power (Hadrian)

    Play Episode Listen Later Apr 14, 2022 40:42


    Chris Power (@2112Power), founder and CEO of Hadrian, Katherine Boyle (@KTmBoyle), partner at a16z, and Josh Wolfe (@wolfejosh), co-founder and managing partner at Lux Capital, join Anne Dwane and Erik Torenberg on this episode to discuss:- How Hadrian is abstracting the supply chain for space, aerospace, and defense manufacturing, and how it is analogous to AWS and Twilio in the software world.- Why Chris is the right person to tackle this problem. He wants to do this for geopolitical and moral reasons and also has the ability to get into the weeds on a micro level.- How tech can help people move into higher-skill jobs and how it can increase the total number of jobs in a given field.- How COVID has made people realize that the world is no longer post-nation state nor post-borders.- Which policy changes the US government can make to advance its position in the world, technologically and otherwise.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    America Next with Mike Maples

    Play Episode Listen Later Apr 5, 2022 52:11


    Mike Maples (@m2jr), founding partner at Floodgate, joins Lucas Bagno (@lucasbagnocv) and Ian Cinnamon (@iancinnamon) to discuss:- Why there has been an “epidemic of fakery” in society over the last 50 years or so. Mike says that institutions are pretending to be working rather than doing actual work.- Why the right “angle of attack” for societal problems is not head-on but rather to create something completely different than changes the subject entirely.- Why he advises founders to make sure they are working on an idea that is worthy of their time and why as a founder you need to “get out of the present and start living in the future.”- How Silicon Valley can have more empathy and make the case for broader prosperity.- How to build connection and shared purpose in an American society that is increasingly tribal.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Why Healthtech Today is Like Fintech 5 Years Ago with Ayo Omojola

    Play Episode Listen Later Mar 31, 2022 28:19


    Ayo Omojola (https://www.linkedin.com/in/omojola/), SVP of Product at Carbon Health, joins Anne Dwane (@adwane) and Lucas Bagno (@lucasbagnocv) to discuss:- What he noticed moving from fintech to healthtech.- Advice for people working in a highly regulated industry like healthcare.- What's unique about Carbon Health and why healthtech is so promising.- Why he likes to hire former founders and his favorite interview questions.- How he thinks about angel investing as an operator and why “angel investing is like a really expensive email newsletter.”Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    The Space Economy with Delian Asparouhov

    Play Episode Listen Later Mar 29, 2022 49:35


    Delian Asparouhov (@zebulgar), co-founder of Varda Space Industries and principal at Founders Fund, joins Lucas Bagno (@lucasbagnocv) and Ian Cinnamon (@iancinnammon) on this episode to discuss:- Why he says that VCs have a moral obligation to fund companies that help keep America a step ahead of its adversaries.- Why space matters for him personally and why expanding the economic bounds of humankind is the best way to achieve all of humanity's other goals.- The current state of the space economy and the space supply chain, and how he sees them evolving in the future.- Why the US is in a new space race with Russia and China.- His advice on building a space company for aspiring founders.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Tech, Federalism, Procurement, & Starlink with Katherine Boyle, a16z

    Play Episode Listen Later Mar 22, 2022 46:44


    Katherine Boyle (@KTmBoyle), GP at a16z, joins Anne Dwane (@adwane) and Lucas Bagno (@lucasbagnocv) on this episode to discuss:- What needs to change inside the federal government for more contracts to go to startups.- How startups should think about working with state and local governments.- How trust has declined in public institutions over the last several decades and how companies can credibly step into that void by building in public and telling their own story.- How Starlink will change where people live and how they live their offline life.- Why, if people are laughing at you, you're probably taking yourself seriously enough.- What tech misunderstands about government and vice versa, including how Silicon Valley came to have a positive sum mindset and Washington ended up with a zero sum mindset.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

    Lessons From Top Execs: Cristina Cordova (ex-Head of Platform & Partnerships at Notion)

    Play Episode Listen Later Mar 17, 2022 51:15


    Cristina Cordova was the 28th employee at Stripe and grew their partnerships arm from the ground up. Most recently, she led platform & partnerships at Notion, which included starting the Growth Product Team.In this episode, we discuss how to build a partnerships team, what to look for in BD hires, and the ins and outs of successful deal-making. Cristina is an active angel and advisor. You can hear more from her by following @cjc on Twitter.---Execs is a show for founders, operators, and pioneers who want to understand the playbooks, frameworks, and tactics that leading tech companies today have used to scale.  To engage further: Hosted by: @eriktorenberg 
Produced by: @jacksonsteger

    Why Defense Matters with Trae Stephens

    Play Episode Listen Later Mar 15, 2022 49:13


    Trae Stephens (@traestephens), co-founder at Anduril and partner at Founders Fund joins Lucas Bagno (@lucasbagnocv) and Ian Cinnamon (@iancinnamon) to discuss:- What keeps him up at night when he looks at the US today.- What he would change about the US government if he could wave a magic wand.- Common mistakes made by people selling to government.- How they think about acquisitions at Anduril.- Advice for people looking to build in the defense space.- What gives him hope when he thinks about the future of the US.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

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