Podcasts about 5bn

Larry Aschebrook is the Founder and Managing Partner of G Squared in what is one of the wildest stories of venture capital. Larry started G Squared with nothing, dialling for dollars having personally invested in Twitter and Uber. In his first fund, Larry made sizable bets into SpaceX, Palantir, Alibaba and Twitter. Larry has also had mega losses along the way (discussed in the show) in Getir, 23andme and more. Today, Larry manages over $5BN and has invested in all the best from Wiz to Spotify to Revolut and Anthropic.  Agenda: 00:00 – From Broke to Billion-Dollar Bets 03:40 – The $800M Coursera Windfall 06:10 – Lyft Made Millions, Uber Lost $50M 09:05 – “We Fcked Up”: The Billion-Dollar Vintage 11:50 – How a $150M Spotify Bet Made a Billion 15:10 – The Gut Call That Dodged Theranos 18:00 – Vampires vs Zombies: The Coming Startup Purge 20:30 – When Success Almost Killed the Firm 24:20 – DPI Is King, MOIC Is Bullsht 27:40 – Why I'd Buy Anthropic at $61BN Today 30:05 – Losing $70M on 23andMe 32:10 – The Janitor of Venture Capital 34:00 – The Getir Deal That Nearly Broke Me 36:25 – Does Money Actually Make You Happy? 39:00 – What Cal Ripken Jr. Taught Me About Venture  

This week Brett and Rob take a check on the latest in AI news diving into the growing requirements for AI infrastructure, and the advances being made in Agentic-AI. We dive into Anthropic and Open AI's latest announcements including the $6.5Bn acquisition by Open AI of Jony Ive's revenue-less and customer-less startup, and we look at investments in the UAE in the world's largest AI data center.

This week, we're digging into The B1M's recent video "Why Berlin Built a $7BN Empty Airport". Luke is away for this episode, so Fred and Liam breakdown the turbulent 30-year journey of Brandenburg Airport, in Berlin, Germany.Later in the episode, we cover:Naples set to get a major new district = https://www.instagram.com/p/DGlO2yhsXg_/?img_index=1London's £4.5BN super sewer is now fully connected = https://www.instagram.com/p/DGY2rucuduK/?img_index=1We end the show with an email from Tim Cooper.Get in touch! Podcast@TheB1M.comwww.TheB1M.com Hosted on Acast. See acast.com/privacy for more information.

We are on the Hill Advocating for a better future – Sprint, DREEM, Travel & NET -  #S10e162 Tuesday, February 25, 2025 - Week 9   ADVOCACY - Thank you Jessica, Jaime and Vicky for repping SRF at ELF RD Week https://www.linkedin.com/posts/curesyngap1_raredc2025-syngap1-advocacy-activity-7300237949831368705-FIRS    SPRINT4SYNGAP - April 26, 2025 Webinar: cureSYNGAP1.org/S4S25 Guide: cureSYNGAP1.org/S4SGuide   LEVERAGE ON OUR GRANTS #Finland #Missense: https://www.linkedin.com/posts/graglia_kulttuurirahastontuella-skr2025-syngap1-activity-7296289488912191489-rWl-/?utm_source=share&utm_medium=member_desktop&rcm=ACoAAAAD8f4B7JC4TMss45Q8hrsq5kiceI0Z8HE   STUDY OF THE WEEK - Email syngap-study@beacon.bio Dreem: https://curesyngap1.org/resources/studies/beacon-dreem-eeg-device-study-in-syngap1/    Study Tracker page: https://docs.google.com/spreadsheets/d/1oQLNi85AUbISmcW0KbsgGn4cBK_4MNuvwGlKUUKLyIQ/edit?usp=sharing    IMPACT REPORT NL43 cureSYNGAP1.org/NL43    ONLINE DID YOU KNOW We have a calendar now! https://curesyngap1.org/calendar/ Brochure is updated: cureSYNGAP1.org/Brochure  YouTube - Adding Family Day Talks - https://www.youtube.com/playlist?list=PLjpr3a14_ls2ummdbWyUdvRpMcQBlRXy2    COMPANY OF THE WEEK - Stoke & Biogen! STK ($0.45Bn) partners with BIIB ($20.5Bn) https://investor.stoketherapeutics.com/news-releases/news-release-details/biogen-and-stoke-therapeutics-enter-collaboration-develop-and   #SpecialNeedsTRAVEL e31 of SYNGAP1 Stories. Navarros - cureSYNGAP1.org/Stories  Comments on YouTube are great, see this presentation by SRF's Heather on travel… https://youtu.be/c7S7q_gK4Bk?si=wM4Ter_q8-37Yg8V   RESEARCH UPDATE There are 318 papers on or related to SYNGAP1 since 1998, but 54 of those are in 2024!  So far 10 (Coller included) for 2025. https://pubmed.ncbi.nlm.nih.gov/?term=syngap1&filter=years.1998-2025&sort=pubdate&timeline=expanded Frazier paper on NET: https://onlinelibrary.wiley.com/doi/10.1002/aur.3290   VOLUNTEER SPOTLIGHT Toby and John Brimsek are tireless.  Thank you. https://curesyngap1.org/team/volunteers/emily-brimsek-phd/    VOLUNTEER  Join us: https://curesyngap1.org/volunteer-with-srf/   CONFERENCE Pre-register now: December 4 & 5 – https://cureSYNGAP1.org/Pre25  REGISTER FOR BRAIN DONATION via https://www.autismbrainnet.org/ https://www.frontiersin.org/journals/neurology/articles/10.3389/fneur.2024.1486227/full   SOCIAL MATTERS - 3,937 LinkedIn.  https://www.linkedin.com/company/curesyngap1/ - 1.28k YouTube.  https://www.youtube.com/@CureSYNGAP1  - 11.5k Twitter https://twitter.com/cureSYNGAP1 - 46.6k Insta https://www.instagram.com/curesyngap1/    NEWLY DIAGNOSED? New families have resources here! https://syngap.fund/Resources    Podcasts, give all of these a five star review! https://podcasts.apple.com/us/channel/syngap1-podcasts-by-srf/id6464522917   Episode 162 of #Syngap10  #CureSYNGAP1 #epilepsy #autism #intellectualdisability #id #anxiety #raredisease #epilepsyawareness  #autismawareness #rarediseaseresearch #SynGAPResearchFund #CareAboutRare #PatientAdvocacy #GCchat #Neurology #GeneChat #F78A1

Originally uploaded July 1st, video glitch fixed and replaced February 5th. Chris Holman welcomes back Mark A. Williams, President, MCDC, Michigan Certified Development Corporation, East Lansing, MI. In their conversation, Chris had several things he wanted to find out from Mark; What's new with MCDC? Mark reviewed their new loan product, Community Advantage, and discussed what it is, why/how it differs from a bank or credit union SBA 7(a) loan. On 504 loans (Mark gave a brief description of the difference between 504 and 7(a)) we also have an Express product which he describes the advantages They touch on some history for MCDC, as they were about to achieve some milestones in loan volume (within the next year)? 2,500 loans, $1.5Bn in SBA loans, $4Bn in total economic impact What industries we are seeing the most activity in? Hotels, franchise restaurants, manufacturing As 504 loans require a bank or credit union, who are MCDC partnering with most? Mark hesitates to single anyone out, but they are seeing an increase in activity from the community banks and credit unions General questions on SBA programs and lending volume in general. » Visit MBN website: www.michiganbusinessnetwork.com/ » Subscribe to MBN's YouTube: www.youtube.com/@MichiganbusinessnetworkMBN » Like MBN: www.facebook.com/mibiznetwork » Follow MBN: twitter.com/MIBizNetwork/ » MBN Instagram: www.instagram.com/mibiznetwork/

Sridhar Ramaswamy is the CEO @ Snowflake, the $60BN public company with $3.5BN in revenue growing 30% per year. Sridhar joined Snowflake following his company, Neeva, being acquired by them for $150M. Prior to founding Neeva, Ramaswamy spent 15 years at Google  where he had an integral part in the growth of AdWords and Google's advertising business from $1.5 billion to over $100 billion.  In Today's Episode We Discuss: 1. OpenAI vs Deepseek vs Anthropic: Why will OpenAI beat Deepseek? What does no one see with Deepseek that they should see? Why has OpenAI beaten Anthropic? What elements turn a model from a commodity into a sustaining product suite? Will model providers become application providers? Will OpenAI be the biggest killer of startups in the next 10 years? 2. Snowflake vs Nvidia & Databricks: To what extent is Sridhar concerned NVIDIA will move into the data layer and compete with Snowflake? How does Sridhar view the competition from Databricks? What have they done better than them? What have they done worse than them and lost on? Does being private hurt or help Databricks in their fight against Snowflake?  If Sridhar could, would he take Snowflake private today?   3. Leadership, Parenting, Money: Do richer leaders make better leaders? How does being rich change the mindset of a leader? What are Sridhar's biggest lessons when it comes to parenting?  What about the way that Sridhar was brought up, did he do deliberately differently with his kids?  

Jason Citron is the Co-Founder and CEO of Discord, a voice, video and text platform for friends playing games. Jason has raised $1BN for the company with the latest price, a whopping $14.5BN. Prior to co-founding Discord, Jason founded OpenFeint, the biggest social mobile gaming platform, which sold to GREE in 2011 for $104 million. In Today's Episode with Jason Citron We Discuss:  1. Leadership Lessons That are Total BS: Hiring: Why does Jason believe hiring experienced executives is the worst thing you can do for your company? What did he learn by doing it? Culture: Why does Jason believe that empowerment and alignment are total BS? How does Jason empower people when they are told what to do vs choose what to do? Strategy: Why does Jason believe that the most effective leaders are dictators when it comes to strategy?  2. The Untold Moments Behind Scaling to $14.5BN: Why did Jason offer to give investors their money back at one point? What was the hardest round to raise and why? Why did Jason turn down the chance to sell to Microsoft for $12BN?  What one single change in how Jason communicated with the first 100 users changed the trajectory of the entire company? What do most founders think they know about product market fit that they do not? 3. The Makings of a Unicorn Founder: Does Jason believe that richer founders make better founders? Why does Jason believe that entrepreneurs who play video games have a higher chance of being successful in the future? What single trait does Jason believe he has that has made him such a successful founder? Does Jason ever have imposter syndrome? When? 

Vlad Tenev is a Co-Founder and CEO of Robinhood, the commission free stock trading and investing app with a market cap today of $20.7BN. Over the incredible 11 year journey Vlad has raised over $5BN from some of the world's best investors including Sequoia, a16z, DST, Ribbit and Index. Before Robinhood, Vlad started two finance companies in New York City.  In Today's Episode with Vlad Tenev We Discuss:  1. Surviving a Scandal: The Gamestop Saga: What was the single hardest element of the sage for Vlad? What did the sage teach Vlad about how to tell stories effectively? What did Vlad not do in the period that he wishes he had of done? What did he do that he wishes he had not done? What advice does Vlad have for any founder going into a crisis? 2. Founder Mode and The Biggest BS Myths of Leadership: How does Vlad analyse and assess Paul Graham's “Founder Mode”? Where is Founder mode right? Where is it dangerous? What canonical leadership statements and lessons does Vlad most disagree with? How has Vlad changed most significantly as a leader? 3. 8x $100M Revenue Lines: Scaling a Juggernaut: What have been the single biggest challenges of scaling 8 lines of revenue each with over $100M in them? What have been Vlad's biggest lessons on when and how to release new products? Why did Vlad decide to abandon the Europe launch? Was it right with the benefit of hindsight? What did Vlad not invest in with Robinhood that he wishes he had of done?  

Zach Perret is the CEO and Co-Founder of Plaid, a technology platform reshaping financial services. To date, Zach has raised over $734M for Plaid from the likes of NEA, Spark, GV, Coatue and a16z, to name a few. Today, thousands of companies including the largest fintechs, several of the Fortune 500, and many of the largest banks use Plaid. In addition, Zach is also a Co-Founder of Mischief, an early-stage venture fund in San Francisco.  In Today's Episode with Zach Perret We Discuss: 1. Founder Mode: Why “Founder Mode” will be the most dangerous blog post written in the last decade for founders? What is most misleading about it? What are “grinder problems”? Why does Zach believe that grinder problems are the best problems for startups to try and solve? Why does Zach believe that OKRs are BS and should be removed? What should be used instead? 2. Lessons from Raising $734M for Plaid: What is the worst advice that VCs give that most founders take? Why does Zach believe that angel investing is more distracting than helpful for founders to do? What are the pros of investing alongside running a company? Why does Zach encourage founders to raise money as infrequently as possible? What does this mean for the size and price of rounds Zach thinks we should see occur? 3. The $5BN Exit and the $13.4BN Round: Why did Zach turn down the $5BN exit to Visa? Was it the right choice? Does Zach regret raising at such a high price of $13.4BN when the exit did not happen? Would Zach sell the company today for $13.4BN if offered it? What did Zach not do that he wish he had done? What did he do that he wishes he had not done?

David Schneider is a General Partner @ Coatue and one of the great operators of the last 20 years. Prior to Coatue, David was instrumental in ServiceNow's growth to over $100B+ public market value. David led the growth of the company from $100M to $5BN in revenue. Before joining ServiceNow, David held senior positions at Data Domain, the company he joined at $0 in revenue and scaled to $1BN in revenue and an IPO and acquisition. In Today's Episode with David Schneider We Discuss: ServiceNow: Secrets to Scaling to $5BN in ARR: What are David's biggest lessons from scaling ServiceNow to $5BN ARR? What worked? What did not work? What are the most common reasons companies plateau? How did ServiceNow roll out so many different products so effectively? How did David hire and ramp 180 people in 90 days? 2. From OG Operator to Newbie Investor: What have been the single most challenging elements of making the transition to VC? What advice did David get from the biggest names on entering venture? How long did it take David to do his first deal? What advice does he give other operators entering? How does doing deals in 2024 compare to when David started doing deals in 2021? 3. VC Value: Do 90% of VCs Really Damage Companies: Does David agree that 90% of VCs actually detract value? What does David mean when he says that the worst VCs are "seagull VCs"? What are David's biggest tips to founders on how to get the most out of their board? What is enough ownership for David to really give the time needed to a company? 4. Lessons from the Greats: Doug Leone, Bill McDermott, Frank Slootman: Doug Leone: What has David learned from Doug on what it takes to be a great investor and board member? Frank Slootman: What has David learned from Bill on how to be the best leader of a mega company? Bill McDermott: What has David learned from Frank about decision-making and execution.  

Aman Narang is the Co-Founder and CEO of Toast, one of the best-in-class vertical SaaS companies of our time with a market cap today of $13.5BN. Five astonishing stats that show the quality of the Toast business today: $1.2bn in ARR with 48.4% from payments. Toast Capital has reached $1bn in annualised loans originated. 875k restaurants in the US (Toast has 112k: 13% market share) 75% of locations are coming from inbound channels The first investor in the company invested $500K at a $3M price In Today's Episode with Aman Narang We Discuss: 1. The Biggest Mistakes Founders Make: Why does Aman believe that founders should spend more time fundraising and with investors early? Why does Aman believe founders should hire managers before they think they need them? Why does Aman believe that founders do not give up control early enough? 2. Lessons Scaling to a $14BN Market Cap: What did Aman and Toast do so successfully that allowed them to scale to $14BN market cap in 12 years? What worked? What are the single biggest mistakes Toast made that hindered their growth most? What are the first things to break in hyperscaling companies? What opportunity did Aman and Toast not take that with the benefit of hindsight, he wishes they had taken? 3. Crucible Moment Decisions: Expansion: How did Aman and Toast know when was the right time to release a second product? What has enabled Toast Capital to scale to $1BN in loans so efficiently? How did Aman and Toast scale so successfully into both enterprise and SMB? What are the biggest lessons from doing so? What did not work? How do Aman and Toast approach geographic expansion? How do they choose which countries to expand into?  

Aidan Gomez is the Co-founder & CEO at Cohere, the leading AI platform for enterprise, having raised over $1BN from some of the best with their last round pricing the company at a whopping $5.5BN. Prior to Cohere, Aidan co-authored the paper “Attention is All You Need,” which introduced the groundbreaking Transformer architecture. He also collaborated with a number of AI luminaries, including Geoffrey Hinton and Jeff Dean, during his time at Google Brain, where the team focused their efforts on large-scale machine learning. In Today's Episode with Aidan Gomez We Discuss: 1. Compute vs Data: What is the Bottleneck: Does Aidan believe that more compute will result in an equal increase in performance?   How much longer do we have before it becomes a case of diminishing returns?   What does Aidan mean when he says "he has changed his mind massively on the role of data"? What did he believe? How has it changed? 2. The Value of the Model: Given the demand for chips, the consumer need for applications, how does Aidan think about the inherent value of models today? Will any value accrue at the model layer? How does Aidan analyze the price dumping that OpenAI are doing? Is it a race to the bottom on price? Why does Aidan believe that "there is no value in last year's model"? Given all of this, is it possible to be an independent model provider without being owned by an incumbent who has a cloud business that acts as a cash cow for the model business? 3. Enterprise AI: It is Changing So Fast: What are the biggest concerns for the world's largest enterprises on adopting AI? Are we still in the experimental budget phase for enterprises? What is causing them to move from experimental budget to core budget today? Are we going to see a mass transition back from Cloud to On Prem with the largest enterprises not willing to let independent companies train with their data in the cloud? What does AI not do today that will be a gamechanger for the enterprise in 3-5 years? 4. The Wider World: Remote Work, Downfall of Europe and Relationships: Given humans spending more and more time talking to models, how does Aidan reflect on the idea of his children spending more time with models than people? Does he want that world? Why does Aidan believe that Europe is challenged immensely? How does the UK differ to Europe? Why does Aidan believe that remote work is just not nearly as productive as in person?  

In the UK every day the construction industry produces enough waste to fill a football stadium. Rightly, former guest, Chris Clarke (SCAPE) has got a bee in his bonnet about construction waste and is making efforts to draw attention to the issue. He's not just concerned with the profligate use of resources and the impact on carbon emissions, it's the lackadaisical nature of the waste itself. Waste management accounts for £1.5BN of construction spending every year. In an industry that's operating on margins so tight that any kind of change can be seen to be prohibitively risky, it seems absurd that such a significant amount of waste is priced into every single large-scale project.But, while waste, accounting, reuse, circularity, and MMC are all concepts that have an important part to play, but most important is the front-end work that can be done to reduce waste at the point of design. Whichever way we look at it, when we're asked where we might find the money to drive the circular economy or reduce emissions, it would seem that there might be a simple answer. Even if the solution itself isn't so simple. If we're hoping for infrastructure changes that will make a significant contribution to net-zero efforts and generate revenue, it looks like we might have an easy-ish mark.Notes from the showChris Clarke on LinkedIn (chrisc@scape.co.uk)Construction Waste Portal websiteSCAPE's approach to sustainability  SCAPE - Building for Public Good: A Charter for Change - a policy/lobbying piece produced for the new UK governmentThat Danish development with the recycled brick slips in Architect's JournalWe Build Eco in the pages of Passive House PlusChris's last appearance on Zero AmbitionsInnovate UK's Circular Economy Innovation Network **SOME SELF-PROMOTING CALLS TO ACTION**We don't actually earn anything from this, and it's quite a lot of work, so we have to promote the day jobs.Follow us on the Zero Ambitions LinkedIn page (we still don't have a proper website)Jeff, Alex, and Dan about websites, branding, and communications - zap@eiux.agency; Everything is User ExperienceSubscribe and advertise with Passive House Plus (UK edition here too)Check Lloyd's Substack: Carbon UpfrontJoin ACANJoin the AECB Join the IGBCCheck out Her Own Space, the renovation and retrofit platform for women**END OF SELF-PROMOTING CALLS TO ACTION**

Jason Lemkin is one of the OG SaaS investors with all of his first five investments turning into unicorns with Pipedrive, Algolia, Talkdesk, Salesloft and RevenueCat all in his portfolio. SaaStr is the largest global community in SaaS and he has taught a generation the fundamentals of SaaS on saastr.com. In Our Second Episode of This Week in SaaS: 1. Wiz Rejects Google's $23BN Acquisition Offer: How does Jason analyse the price of the offer? $23BN for a $500M ARR business growing 120% YoY? What is the reasoning for Google in pursuing the acquisition? If Wiz had of proceeded in the process, what are the chances it would have made it through regulators? Why did Wiz walk away from the offer? If Jason were on the board, what would he have done? Is there a correlation between the downfall of Crowdstrike and Wiz turning down the offer? What does this mean for the M&A market moving forward? Will there be a secondary round now in place for Wiz at $23BN? 2. Crowdstrike: WTF Happens from Here: Did Crowdstrike manage the crisis in the right way? What would Jason have done differently? What is the bull case for Crowdstrike moving forward from this point? What are the bear case for the company? Could this snowball and be the end? What will this do to company requirements on having single point of failure solutions? Where will the market cap of Crowdstrike be at the end of 2024? 3. LegalTech: Show Me the Money: $1BN in a Single Day: Clio announced a $900M round at a $3BN valuation. How does Jason analyse this? What does Jason make of Harvey's $100M raise at a $1.5BN valuation? Why does Jason think 2025 will be the year for AI parity? Why will we see the majority of SaaS features be commoditised in 2025? What is the single biggest regret that Jason has in his investing career?

Avi Eyal is Co-Founder and Managing Partner of Entrée Capital, an early-stage VC fund with a portfolio including the likes of Monday.com, Stripe, Coupang, PillPack, and Snap. From their $15M investment into Monday, Entrée distributed a whopping $1.5BN, one of their $45M funds is a whopping 37x DPI. Avi is one of the greatest venture investors you might not have heard about. In Today's Episode with Avi Eyal We Discuss: 1. The Biggest BS "Rules" in Venture Capital: Why does Avi believe that it is BS for every deal to need to be a homerun and return the fund? Why does Avi believe that signalling is real and it is BS to suggest otherwise? Why does Avi believe that it is BS that ownership is crucial to make mega venture returns? Why does Avi believe that you do not have to win every deal to be one of the best in venture? Why should venture investors not manage the positions of their companies when they go public? Why is it BS to think they have asymmetric information when the company goes public? 2. What Makes the Best Founders: Does Avi prefer first or second time entrepreneurs? Why? Would Avi rather back a founder that is an expert in a market or one that is new to a market and has the naivety to not know what is hard? Are the best CEOs the best fundraisers? How does Avi rank the following when investing; team, market, traction and technology? When Avi has misread a founder, what was it that he missed? 3. The Biggest Hits and Biggest Misses: Monday: How did Avi build such a large position in Monday over time? How did a Series A lead dropping out leading to a $250M gain for Entree? Stripe: Avi has now sold all of his Stripe position. Why? What is the three step process for Avi in selling positions? How does he know when to and what is the right amount? PillPack: Avi made $15M from PillPack's exit. What did that teach Avi about ownership? Cazoo: How was Avi the only one to make money from Cazoo? How did Avi's sell strategy help him make millions when everyone else did not sell?  

Jason Lemkin is one of the OG SaaS investors with all of his first five investments turning into unicorns with Pipedrive, Algolia, Talkdesk, Salesloft and RevenueCat all in his portfolio. SaaStr is the largest global community in SaaS and he has taught a generation the fundamentals of SaaS on saastr.com. In Our First Ever Episode of This Week in SaaS 1. PluralSight Goes to Zero: WTF happened to PluralSight? How did it go from $3.5BN to $0? Will this have a wider impact on the willingness of PE to buy tech companies? Who are the next contenders to go from hero to zero? Zendesk? Anaplan? Will this generation of PE funds be let off by their LPs for a poor vintage? 2. Salesforce's Worst Stock Market Drop Since 2004 + Mongo Takes a 23% Hit: Why did Salesforce lose $50BN of market cap in a single day? Is the same true for MongoDB taking a 23% hit in one day? What does it mean when the new normal is these once hyper-growth companies now growing only 6% per annum? 3. The Settlers into Slow Growth: Why does Jason believe that Dropbox and Box have both settled into a world of slow growth? What happens to Twilio from here in a world post Jeff Lawson? What happens to Retool from this point on? Would Jason be a buyer of Notion at $10BN? 4. Venture Capital is Broken: Why does Jason believe that we need to see a relation of public multiples for the math in venture capital to work again? Why does Jason believe that the way we mark portfolios with TVPI leads to corrupt and bad behaviour? How does Jason think we will solve the problem of liquidity with IPOs being shut, M&A being out of the window and now PE being a doubt as the source of buyers?

Tom Blomfield is a Group Partner at YC. Before YC, Tom founded two unicorns in the UK. He was co-founder of Monzo (most recently valued at $5BN), one of the first challenger banks in the UK. Monzo raised more than £1bn and counts 15% of the UK population as customers. Before Monzo, Tom founded GoCardless (YC S11), an online payments processor, most recently valued at $2.1BN. In Today's Episode with Tom Blomfield We Discuss: 1. From Founding Two Unicorns to YC Partner: Does Tom believe that all great founders show signs of exceptionalism early? What does Tom know now that he wishes he had known when he started his first company? Why did Tom decide now was the right time to switch from founder to investor with YC? 2. The YC Application Process: How it Works: How do the YC partners select which companies are accepted vs rejected? What specifically does Tom look for in the problem the company is looking to solve? In the interview, what are the signals of the highest quality founders? What questions does Tom always want to ask in YC interviews with founders? 3. The YC Batch: How it Works: How do the YC partners work with the 25 companies in their batch? What is the interaction? What are the single biggest mistakes companies make while in YC? What are the biggest pieces of advice YC gives founders on fundraising approaching demo day? How do the best YC founders fundraise and use demo day? How do the most nervous fundraise? How are YC partners measured in terms of their success and effectiveness? 4. AI: Consumer vs Enterprise/ Infrastructure vs Application Layer: Does Tom believe there is money to be made investing in infrastructure layer models today? Why is the commoditization of foundation models the best outcome for society? Why is Tom most excited about the application layer for the next wave of AI? What are the most exciting opportunities in consumer AI that are wide open today? 20VC: Behind the Scenes at Y Combinator: The Interview Process | What the Best & Worst Do in the Program | Do the Best All Raise Pre-Demo Day & YC's Fundraising Advice to Startups | Why the Value is in Application Layer AI with Tom Blomfield

An ex-MBC director has sent a strange email mourning the loss of his Porsches due to the rainAbu Dhabi's most valuable, Abu Dhabi's most valuable company is eyeing a $1BN bid for Zambia copper mines, Saudi is looking to invest $1.5BN in a tourism project in Egypt's Ras Gamila, how doing good was bad for Unilever and Meta has launched a new Meta AI website which could threaten Microsoft and Google's AI plans

NDRC, Ireland's national startup accelerator, and an initiative of the Department of, Environment Climate and Communications (DECC), is celebrating three years of building a thriving startup ecosystem across the country. They have announced a 2-year contract extension to continue supporting entrepreneurs and their ambition to make Ireland the best place in Europe to build a startup company. NDRC operates through a network of innovative startup hubs, including Dogpatch Labs in Dublin, PorterShed in Galway, RDI Hub in Kerry, and Republic of Work in Cork. These hubs serve as connectors, bringing together various stakeholders across the startup ecosystem to support and nurture founders. The founder-first, entrepreneur-led focus woven throughout programmes has led to over €56M being raised by startups who participated in the programmes over the last 3 years alone, and €180M by the entire NDRC portfolio during the same period, resulting in 650 jobs created, and thousands of individuals supported via educational aspects. Accelerator startups raised over €35M where examples include IP monitoring software GreyScout (€3.5M), cyber startup Cytidel (€1.35M), and Examfly (€1.5M). In three years, €21M was raised by Pre-Accelerator alumni. Notable examples of this early-stage success include Galway-based ByoWave - a video game controller for gamers with disabilities (€2.4M), and Tipperary-based trio Zerve ($3.8M). Dee Lyons, a Limerick native and Founder of ExamFly remarked, "We found the support incredible. The focus and accountability have meant that within 6 months, we went from an early-stage startup with some initial validation to an investor-ready business with a strategy and long-term vision." Lyons was selected for the 2022 NDRC Accelerator and secured €1.5M investment one year later. NDRC has enjoyed huge support from over 100 founders & operators as mentors who have built or exited companies worth a combined net value of €5Bn including Mark Cummins (sold Pointy to Google for over $100m), Bobby Healy (Former CTO of CarTrawler, valued at over €500M), Áine Kerr (Led Storyful through €18m acquisition), Pat Phelan (Co-Founder SISU, sold Trustev for $40 million), and Jules Coleman (sold Hassle.com for €35m). Entrepreneurs countrywide enjoyed support and often exclusive mentoring from a range of multinational companies including Open.AI, Google, Stripe, Fidelity, ESB, Microsoft, and Unilever. For example, Open.AI provided €25k credits to a unique NDRC Hackathon in partnership with the ISE course at the University of Limerick. Ian Browne, NDRC MD for the past 2 years commented on NDRC's impact on startups, "In a period of momentous change in both the macro and micro environment, we've continued to instil this 'founder-first' mentality, adapting to startups' real-time needs, and delivering programmes, which are entrepreneur-led and reflect growing startup trends - whether that's new topics like Deeptech and Generative AI, or the introducing one of Europe's first SAFE instruments on 'founder-friendly' investment terms to Irish startups." Mary Rodgers, CEO at PorterShed, a regional hub partner said, "NDRC has extended PorterShed's role regionally, offering high-quality early-stage supports to more tech startups in the West and North West. In the PorterShed first 5 years of operation, we've helped create 835 high-value sustainable jobs (KPMG validated). We look forward to building on this success through programmes like NDRC, and the welcome news of the 2-year extension." During the period a new NDRC Women Entrepreneurs Network was created which now has 400+ members, and to date, 30% of NDRC accelerator investments comprise women-led or co-led startups. Since 2021, NDRC has managed multiple successful NDRC portfolio company exits, notable examples including 2021 alumnus Robotify which secured a partnership with Apple co-founder Steve Wozniak followed by an acquisition by global edtech Imagine Learning, fintech Chasing Returns was acquired b...

Join us on this exciting episode of the Passive Investing from Leftfield podcast as we dive deep into the world of multifamily investing with James Eng, the professor of Multifamily Financing. Discover the latest trends, strategies, and insights into the future of real estate investment. Whether you're a seasoned investor or just starting out, this episode is packed with valuable information to help you navigate the ever-evolving real estate market. Don't miss out on expert advice and strategies for building wealth through smart investing. Tune in now!  About James Eng James Eng has over 18 years of experience in commercial real estate lending, starting his career as an underwriter at GE Capital Real Estate prior to joining Old Capital in 2015 where he is currently the National Director.He has worked with hundreds of investors to help them acquire over $1.5BN in multifamily properties totaling over 20,000 units nationwide. In addition to financing multifamily, he has invested in over 10,000 units as a limited partner in nearly 40 properties in Texas.James combines his finance, risk, and investor background to find the best loan for clients and to be an indispensable advisor throughout the life cycle of a deal. Often called “The Professor” of Multifamily Financing, he has produced hundreds of hours of educational multifamily content on YouTube.He received his finance degree from the University of Texas at Austin and resides in Dallas-Fort Worth with his wife and three boys.   Here are some power takeaways from today's conversation:2:11  His real estate journey6:27 Investing in one market8:07 Multifamily financing today15:00 Should you refi in 2024?17:31 How interest rates will affect the rate caps21:05 Deal advice for LPs27:38 Tax implications of early sale on LPs' depreciation29:01 Q&A: preferred equity?33:36 Q&A: distressed sellers in 202435:16 Will lenders be in trouble in 2024?40:25 Outlook for LPs with recent floating rate debt investments43:08 Will new apartments accelerate distressed deals in 2024?44:52 Strategies to protect yourself against decreased cashflow in a market when you depend on it for income48:20 Q&A: what he would have done differently in insight with distressed deals 52:22 Podcast recommendation53:49 Contact James54:35 Thanks for watching This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting.       Resources Mentioned:LinkedInhttps://www.linkedin.com/in/jamesengYouTubehttps://www.youtube.com/channel/UC4NRATcTMmkodJ_CEP9MRWQ Podcast Recommendations:The Woj Pod: https://podcasts.apple.com/us/podcast/nuggets-coach-michael-malone/id1470466331?i=1000600562916The Rebel Capitalist Show: https://podcasts.apple.com/mt/podcast/the-rebel-capitalist-show/id1492584441Ken McElroy Real Estate Strategies: https://podcasts.apple.com/us/podcast/ken-mcelroy-real-estate-strategies/id1465180254 Advertising Partners:Left Field Investors:https://www.leftfieldinvestors.com/Rust Belt Capitalhttps://rustbeltcapital.com/Left Field Investors - BEChttps://www.leftfieldinvestors.com/bec/Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suhhttps://www.leftfieldinvestors.com/books/Circuit Cityinvest.circuitcity.com

It seems P. Diddy might be the new R. Kelly of the music industry as the Dept. of Homeland Security raided his homes in Miami and LA related to potential sex trafficking. Brought to you by Field of Greens - Go to https://fieldofgreens.com and use promo code hardfactor for 15% off your first order Brought to you by Squarespace - Head to https://www.squarespace.com/HARDFACTOR to save 10% off your first purchase of a website or domain using code (HARDFACTOR) Brought to you by Noble Gold Investments: Invest in something you can hold! Go to https://noblegoldinvestments.com/hardfactor to get started investing in gold Brought to you by Robinhood - Robinhood Gold gets you the most for your retirement thanks to their IRA with a 3% match. This offer is good through April 30. Get started at https://Robinhood.com/boost - Subscription fees apply (00:00:00 - 00:02:40) Teasers! (00:00:00 - 00:12:01) Sean “Diddy” Combs Los Angeles, Miami homes raided by Homeland Security agents amid sex trafficking claims (00:14:10 - 00:15:06) We missed the point of the Diddy story America (00:15:07 - 00:15:40) Squatting is on the rise in the US (00:15:41 - 00:16:58) Business, Pleasure, or crime?: South American 'crime tourists' target the rich in at least half of US states (00:16:59 - 00:23:45) A three-day 'alpha male boot camp' is seeing attendees mocked online for paying $18,000 to endure military grade inspired punishments Trumpdate: (00:26:52 - 00:30:50) Trump wins request to reduce N.Y. fraud bond, allowed to post $175M as he appeals fine in NY Civil Fraud Case (00:30:51 - 00:32:16) Trump's Truth Social Has Only 5 Million Members but Could Be Valued at $5BN (00:32:17 - 00:34:09) ​Trump ridiculed after claiming to win two golf trophies at his own club (00:35:29 - 00:41:21) Two Canadian men switched at birth nearly 70 years ago finally get apology from Government for life-changing mistake(00:41:22 - 00:00:00) Want more Hard Factor? Become a Patron to get access to 3 years worth of Florida man Friday and Hive Hour Episodes, plus access to our newest show LET'S GO! - patreon.com/hardfactor

This week, we're digging into The B1M's latest video "Sydney's $64BN Mega Railway". Sydney, Australia is building one of the world's biggest suburban rail projects. G'day Sydney Metro.This episode was sponsored by Trimble Construction! Learn more about Viewpoint Field View here - https://bit.ly/3v2oEZsLater in the episode, we cover:A new expansion of New York City's Hudson Yards = https://www.instagram.com/theb1m/p/C4f09P5sauV/?hl=en&img_index=1An £8.5BN redevelopment of London's Earls Court = https://www.instagram.com/theb1m/p/C4akEWns7e9/?hl=en&img_index=1We end the show with an email from Graham Embley AND an anonymous (but funny) Spotify comment.Get in touch! Podcast@TheB1M.comwww.TheB1M.com Hosted on Acast. See acast.com/privacy for more information.

This week, we're digging into The B1M's latest video "The $1BN Plan to Fix Paris' Dirty Secret". In preparation for the Olympic Games being hosted in Paris this year, the city has a $1.5BN clean-up plan that's in-seine (see what we did there? aha!)This episode was sponsored by Trimble Construction! Learn more about Viewpoint Field View here - https://bit.ly/3v2oEZsLater in the episode, we cover:Brisbane's breathing skyscraper = https://www.instagram.com/p/C4DOiMUMzQd/?img_index=1Beijing's dramatic new library = https://www.instagram.com/p/C304RFNsLjm/?img_index=1We end the show with a lovely Apple Podcasts review from John_Ayers.Get in touch! Podcast@TheB1M.comwww.TheB1M.com Hosted on Acast. See acast.com/privacy for more information.

At Leap in Saudi this week, Noor Sweid of Global Ventures said the VC made 7.4 times their initial investment from startup Tabby, while AWS announced it will invest $5BN into its infrastructure in the kingdom, and Mohamed Alabbar is among Emirati elite invited to Mukesh Ambani's son's wedding.

Roger Ehrenberg is a legend of the venture industry as the Founder of IA Ventures, among the most successful seed-stage venture firms of this generation, having seeded companies including Datadog (NASDAQ: DDOG), Digital Ocean (NYSE: DOCN), The Trade Desk (NASDAQ: TTD) and Wise (LSE: WISE.L). Today Roger is the Founder and Managing Partner of Eberg Capital, a pioneer in bridging the gap among sports franchises, sports betting, media and entertainment. Roger's current sports investments include stakes in the Miami Marlins, Real Salt Lake, Alpine Racing, Betr, Commonwealth, Kero Sports, Simplebet, SlamBall, Smarkets and WagerWire. In Today's Episode with Roger Ehrenberg We Discuss: 1. The Commoditisation of Venture and Worsening Returns: Why does Roger disagree with Doug Leone that "we have moved from a boutique high margin business to a commoditised low margin industry"? Why does Roger believe we will see consistently worsening returns in venture? Is this influx of LP capital cyclical or is it here to stay? 2. The New LPs and The Broken Existing LP World: Why does Roger think the existing incentive structure for LPs is totally broken? Who are the most important new LPs entering the venture market? How do sovereigns and pension funds entering venture change the industry? Which players have capitalised on this new LP class best? 3. Where Does the Liquidity Come From: With the closed IPO window and lack of M&A, where will liquidity come from in the next 24 months? Would a Trump administration open M&A markets? Does Roger agree M&A markets are shut down? When does Roger believe IPO markets will open again? Will Databricks and Stripe go out in 2024? If Roger were to run a continuity fund strategy, how would he structure it? What would he do? 4. When to Sell and When to Hold: How does Roger advise managers on when to sell vs when to hold? How important is it for a new firm to have a company go public in the first five years? What are Roger's biggest lessons from selling The Trade Desk at a $2.5BN valuation? How does Roger think about managers thinking they should manage the public book of their portfolio for their LPs? What are the pros and cons? 5. Relationship to Money: Do rich investors make better investors? How does investing when you have a lot of cash already change your mindset around investing and exiting? How does Roger analyse his relationship to money today? What have been the single biggest needle movers in his wealth journey? How did it feel when he made a $6M bonus? 6. The Secrets to Parenthood and Marriage: What does it mean to be a great father for Roger? How does Roger think about bringing his children up with the same level of hunger and ambition, despite being brought up with such wealth? What are Roger's two biggest lessons on the secret to a great marriage?

Thomas Plantenga is the CEO @ Vinted, one of the fastest-growing marketplaces in the world with a valuation of $4.5BN. Prior to becoming CEO, Thomas worked with a range of organisations including Bookaboat, OLX, Sellit/Wallapop and FJLabs. Alex Taussig is a General Partner @ Lightspeed and co-leads the fund's Consumer investment team. Alex's portfolio includes the likes of All Day Kitchens, Archive Resale, Daily Harvest, Faire, Found, Frubana, Keychain, Kikoff, Vinted, YaySay, and Zola. In Today's Episode with Thomas Plantenga and Alex Taussig We Discuss: 1. The CEO Who Did Not Want to be CEO: How did Thomas come to be CEO @ Vinted? Why did he not want the job at first? What does Thomas know now that he wishes he had known when he started? 2. The Mechanics of the Fastest Growing Marketplace: What is the single most important metric for Vinted? How does Vinted determine what market to open next? What do they look for? How does Vinted think about depth vs breadth in each country? What is the AOV today? How does it vary by country? How long does it take for each country to be cash flow positive? 3. The Biggest BS in Startups: Rule of 40 and EBITDA: Why does Thomas think VC's obsession with "Rule of 40" is BS? Why does Thomas believe EBITDA optimization is BS and useless? What are the hardest elements of scaling a marketplace that no one knows? 4. The Bull, Bear and Investor Approach to Vinted: Alex, what was Lightspeed's pre and post-mortem when investing in Vinted? How does Lightspeed analyze TAM and market sizing when investing? What was Lightspeed's single biggest concern when investing in Vinted? 5. Europe: A Hub of Innovation or a Retirement Home: Does Thomas believe that European young people have a worse work ethic than those in the US? Is Thomas concerned by the state of regulation hampering innovation in Europe? What can be done to improve work ethic and the state of regulation today? Why is Alex and Lightspeed more bullish than ever on Europe today?

Top Stories Today:Reddit users aren't optimistic about it's up and coming IPO expected to be valued at $5BNSnapchat's Dubai office has been affected by a 10% cut in staffUAE employees are losing over $3,500 a year in lost expenses - we find out why

This week, we're digging into the The B1M's latest long form video "The Skyscraper That Ended New York's Billionaires' Row". The rise of the skinny-scraper has been a phenomenon in the Big Apple... but the rise of 220 Central Park South is unlike anything New York City has ever seen before. Later in the episode, we cover:America's $5BN hospital upgrade = https://www.instagram.com/p/C0gTAOBsWHM/?img_index=1Tencent's dramatic new headquarters in Shenzhen = https://www.instagram.com/p/C0mkyUIMwmO/?img_index=1This episode was sponsored by Autodesk Construction Cloud. Learn more about the cloud based solution here: https://www.youtube.com/watch?v=e_Ku7EmS_GgWe end the show with an email from Josue Valdez.Get in touch! Podcast@TheB1M.comwww.TheB1M.com Hosted on Acast. See acast.com/privacy for more information.

Dominik Richter is the Founder & CEO @ HelloFresh, one of the largest direct-to-consumer businesses of the last decade and the #1 recipe box delivery service. Fun fact, two of the three biggest cooking facilities in North America are HelloFresh facilities with the third being Disney World Orlando. Dominik has made over 40 angel investments in the EU and the US. In Today's Episode with Dominik Richter We Discuss: 1. The Founding of One of the Largest D2C Companies: How did Diminik's dreams of being a footballer translate to founding HelloFresh? What does he know now that he wishes he had known when he started? Why does Dominik respect the brands that large banks have built? 2. To Raise or Not to Raise: Why does Dominik believe when you raise VC, you either have to sell or go public? What are the single biggest differences between raising in the US vs Europe? What are Dominik's biggest pieces of advice to founders raising today? Why does Dominik believe so many of the D2C companies should not have raised venture funding? 3. The IPO: When, How and Why: Why did Dominik decide to IPO the business so early? Why does Dominik believe that the first-day trading price is irrelevant? Why does Dominik believe that timing is so important when going public? What are the biggest pros and cons of being public? 4. The Rise and Fall of D2C: D2C has been crushed lately, why? Is this the end of D2C as a category? Is D2C an investable category for VC? HelloFresh is one of the biggest and $2.5BN market cap? What have been the best and worst resource allocations Dominik has made? Do recessions help or hurt recipe box businesses?

Ryan Petersen is Founder & CEO @ Flexport, a leader in global supply chain technology. In 2022, Flexport moved more than $26 billion of merchandise. Over the last 10 years, Ryan has raised close to $2.5BN for the business with the latest valuation pegging the business at $8BN. Prior to starting Flexport, Ryan was the founder and CEO of ImportGenius, a premier provider of transaction data for the global trade industry. In Today's Episode with Ryan Petersen We Discuss: 1. The Origins of a Generational Defining Leader: What did Ryan want to be when he was growing up? How did scooters and motorbikes in China lead to the idea for Flexport? What does Ryan know now that he wishes he had known when he started Flexport? 2. Speed and Money: The Secrets To Execution: Does Ryan believe speed is key to execution? What is the difference between speed and velocity? What advice does Ryan have to founders who raise a lot of money? How should it impact hiring? What are the most common ways founders become inefficient post-fundraising? Why does Ryan look to invest in founders with jaded pasts and a chip on their shoulder? 3. The Art of Resource Allocation: Are the best CEOs the best resource allocators? What is the single best resource allocation Ryan has made? What did he learn? What is the worst? What did he learn? What have been Ryan's biggest hiring mistakes? How did that change his approach? 4. The Wider World: Is Ryan long or short on China? Why? Will we see global trade become nationalized? Why? Will we see interest rates raised further? What impact does that have on trade? What has been the impact of war on trade and the shipping industry? 5. Ryan Petersen: The Father and Husband: How has having kids changed how Ryan approaches leadership and management? How does Ryan juggle 2 young kids and leading a 2,500 person company? How does Ryan retain romance with his wife while also being a full-on CEO of a large co? Does money make you happy? What does it help with? What does it not help with?

In this week's podcast, Paddy has a fantastic chat with Brad Barret the MD of a $5Bn planning firm. Brad is a Managing Director with One Capital Management. He advises private individuals and families on their personal investment and advanced planning needs. In addition, he oversees the firm's Retirement and Corporate Services practice. His firm manages nearly $5 Billion dollars for thousands of families across the United States and abroad.  Brad is the author of, Retire Right: Secure the Right Path to Your Retirement - here is the link to his book on Amazon, and here is a link to his website.  He is also the host of two podcasts, Make Your Money Matter and Pension Attention. Make Your Money Matter with Brad Barrett Key topics include: Favourite part of being a financial advisor Stork theory Personalising the approach for each client Making your money matter Approaching giving I hope you find it helpful!   The Psychology of Money: Timeless lessons on wealth, greed, and happiness 

In this episode we dive into Baseline Management. The Challenge Imagine you're the Head of Scheduling for a contractor who's been challenged to build a $5Bn data center, and you have been asked by the client to “establish a schedule baseline”. How would you go about doing this? Continue Learning ⁠⁠⁠⁠⁠⁠Access to Top Planning and Scheduling Jobs.⁠⁠ Subscribe to the ⁠⁠⁠Beyond Deadlines⁠⁠⁠ Linkedin newsletter. Connect Follow ⁠⁠⁠⁠Micah⁠⁠⁠⁠ and ⁠⁠⁠⁠Greg⁠⁠⁠⁠  on Linkedin Beyond Deadlines Specialized in empowering construction planners and schedulers worldwide, we offer rich content, advice, and tools to launch and boost your career in planning and scheduling. No degree? Transitioning? Seasoned expert? We're your resource. Forget about expensive certifications and out-of-date degrees. Access the future of planning with us. About Micah Micah, an Intel project leader and Google alumnus, champions next-gen planning and scheduling at both tech giants. Co-founder of Google's Computer Vision in Construction Team, he's saved projects millions via tech advancements. He also writes two construction planning and scheduling newsletters. M.Sc in Project Management, Saint Mary's University. About Greg Greg, an Astrophysicist turned project guru, managed £100M+ defense programs at BAE Systems (UK) and advised on international strategy. Now CEO at Nodes and Links, he's revolutionizing projects with pioneering AI controls. Experience groundbreaking strategies with Greg's expertise. Topics We Cover change management, communication, construction planning, construction scheduling, creating teams, critical path method, cpm, culture, KPI, microsoft project, milestone tracking, oracle, p6, planning, planning engineer, pmp, portfolio management, predictability, presenting, primavera p6, project acceleration, project budgeting, project controls, project management, project planning, program management, resource allocation, risk management, schedule acceleration, scheduling, scope management, task sequencing. --- Support this podcast: https://podcasters.spotify.com/pod/show/beyonddeadlines/support

Dave Clark is the CEO of Flexport, the global freight forwarder and logistics platform that has now raised over $2.5BN to build the category leader. Prior to Flexport, Dave began his career at Amazon in 1999 as an Operations Manager, working his way up to become the CEO of Amazon's worldwide consumer business in 2021. By the time Dave left, he was responsible for over 1 million employees. Dave spearheaded the launch of Amazon Robotics and grew the company's logistics divisions to include Amazon's own planes, trailers, and last-mile delivery vehicles through Amazon's own delivery network (which today ships more packages than FedEx and UPS). Huge thanks to Ryan Peterson for some amazing question suggestions today. In Today's Episode with Dave Clark We Discuss: 1. From Operations Manager to CEO @ Amazon: How did Dave Clark make his way into the world of startups with Amazon in 1999? What are 1-2 of his biggest lessons from spending 23 years at Amazon? What are 1-2 of his biggest takeaways from working alongside Jeff Bezos for 23 years? 2. How Big Leaders Make Big Decisions: What is Dave's decision-making framework when it comes to big decisions? What is the biggest decision Dave made that went wrong? How did it impact his mindset? How does Dave think through prioritisation as a leader today? What are the biggest mistakes founders make when it comes to focus? 3. How Big Leaders Hire Big Talent: What are 1-2 of Dave's biggest lessons on what it takes to acquire the best talent? Does Dave believe that people can scale with the scaling of the company? How does Dave think through the challenge of promoting internally vs bringing in external talent? Why does Dave like to hire people straight out of college? What are the benefits? 4. How Big People Deal with Big Problems: Kids, Money and Ego What are 1-2 of Dave's biggest lessons when it comes to parenting? How does Dave think about giving his kids the same hunger and ambition, when they are brought up in such affluent environments? How does Dave assess his own relationship to money? How has it changed over time? What does a truly great marriage mean to Dave? Where do so many go wrong in trying to find work-life balance?

Orlando Bravo is a Founder and Managing Partner of Thoma Bravo. He led Thoma Bravo's early entry into software buyouts and built the firm into one of the top private equity firms in the world.  Tobi Lütke is the CEO and Co-Founder of Shopify, the powerhouse company allowing anyone to start and grow their e-commerce business. Dara Khosrowshahi is the CEO of Uber, where he has managed the company's business in more than 70 countries around the world since 2017. Parker Conrad is the Founder & CEO @ Rippling, the company that lets you easily manage your employees' payroll, benefits, expenses, devices, apps & more—in one place. Jamie Siminoff is the Founder and Chief Inventor @ Ring, with Ring Jamie, created the world's first Wi-Fi video doorbell while working in his garage in 2011. The company sold to Amazon for $1BN. Martín Escobari is Co-President, Managing Director and Head of General Atlantic's business in Latin America. Martín is Chairman of the firm's Investment Committee and also serves on the Management and Portfolio Committees. Ariel Cohen is the Co-Founder and CEO @ Navan (formerly TripActions), the #1 travel management super-app used by over 8,000 companies. Tarek Mansour is the Founder and CEO @ Kalshi, the first regulated exchange where you can trade directly on the outcome of events. Brian Armstrong is the Co-Founder and CEO @ Coinbase, the easiest place to buy and sell cryptocurrency. Over the last 10 years, Brian has led Coinbase to today, a public company with over 3,500 employees and revenues of over $7.5BN in 2021. Question of the Day: What are the world's tech leaders running from?

Today, we're happy to welcome you to Rana Yared, General Partner at Balderton Capital - one of Europe's most successful venture capital firms, that has raised almost $5BN, across 10 funds over the past 21 years. Balderton has backed some of the continent's most incredible companies including Revolut, CityMapper, Workable, Go Cardless, amongst other global tech leaders! Before Balderton, Rana was a Partner at Goldman Sachs, first in the Principal Strategic Investments Group where she led the bank's fintech strategy and then later in GS Growth.In the first episode of “At the Cap Table”, we discussed the state of entrepreneurship in Europe and why the startup scene is booming like never before, Balderton's investment strategy and why being a great investor involves producing returns while also improving the world around you, how Rana has supported founders from seed to successful exit, lessons and reflections on every founder should consider, plus more!In this episode you'll learn:• The thriving European startup scene and the drivers behind its unprecedented growth.• Unveiling the distinctions between US and European investors and founders, and identifying opportunities across Europe.• Delving into Balderton's investment strategy, emphasizing the significance of generating financial returns while creating a positive impact.• Rana's invaluable journey in supporting companies from their early stages to successful exits.• Lessons and reflections on driving impact as a board member and the qualities that define elite performers.• Exploring strategies for making informed investment decisions in a highly competitive startup landscape.

In this episode we welcome serial investor, CEO and board member Tom Reilly who shares his insight into business growth, leadership and the role of a CEO. KEY TAKEAWAYS FROM THIS EPISODE What is the role of a CEO? The Three Essential Ingredients to Scaling a Business How to lead leaders The Story of a Ten Figure Exit THIS WEEK'S GUEST Tom Reilly has a thirty year career forming, leading, scaling and advising high-growth enterprise software and cybersecurity vendors. After an early career with IBM and running sales in the 90s for Lotus and BroadQuest, he became CEO of Trigeo, which was sold to IBM in 2004, and then became President and CEO of ArcSight, which he scaled globally, took through an IPO and exited to HP for over $1.5Bn and then CEO of Cloudera which he IPO'd with a $3Bn valuation and a $5.2Bn merger with HortonWorks. He has served on the boards of companies such as ELoqua, Jive Software, Trusona, Incorta, Datastax and Anomali, and served as the Chair of the Economic Development and Advisory Committee for the City of Sausalito. Tom is proud to support the work of Cybermindz.org, for more information about their incredible work in mental health within the cybersecurity community, please visit https://cybermindz.org/ YOUR HOST Simon Lader is the host of The Conference Room, Co-Founder of global executive search firm Salisi Human Capital, and podcast growth consultancy Viva Podcasts. Since 1997, Simon has helped cybersecurity vendors to build highly effective teams, and since 2022 he has helped people make money from podcasting. Get to know more about Simon at: Website: https://simonlader.com/ Make Money from Podcasting: https://www.vivapodcasts.com/podcastpowerups Twitter: https://twitter.com/simonlader LinkedIn: https://www.linkedin.com/in/headhuntersimonlader The Conference Room is available on Spotify, Apple Podcasts, Amazon Music iHeartRadio And everywhere else you listen to podcasts!

Kareem Elsirafy is the Managing Partner at Modus Capital, a venture builder with offices in Cairo, Abu Dhabi and soon in Riyadh. Kareem emigrated to the US from Egypt as a toddler, grew up in a challenging environment and joined the US Marine Corps to get some discipline. 4 years later he found himself in a homeless shelter trying to integrate back into society. He eventually worked his way out of homelessness into Columbia University and ultimately co-founding Unite Us, a startup that supports military servicemen, veterans and their families. Unite Us is valued at over $1.5Bn. Kareem made his way back to the region to help founders build companies from the ground up. An inspiring and candid conversation with so many nuggets for entrepreneurs. Please fill in the podcast listener survey: https://33s6g1ujw6w.typeform.com/to/KeVEuZe1 A link to Find your Larry, the story we referred to in the podcast: https://modus.vc/find-your-larry/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Kareem Elsirafy is the Managing Partner at Modus Capital, a venture builder with offices in Cairo, Abu Dhabi and soon in Riyadh. Kareem emigrated to the US from Egypt as a toddler, grew up in a challenging environment and joined the US Marine Corps to get some discipline. 4 years later he found himself in a homeless shelter trying to integrate back into society. He eventually worked his way out of homelessness into Columbia University and ultimately co-founding Unite Us, a startup that supports military servicemen, veterans and their families. Unite Us is valued at over $1.5Bn. Kareem made his way back to the region to help founders build companies from the ground up. An inspiring and candid conversation with so many nuggets for entrepreneurs.Please fill in the podcast listener survey: https://33s6g1ujw6w.typeform.com/to/KeVEuZe1A link to Find your Larry, the story we referred to in the podcast: https://modus.vc/find-your-larry/

David Marcus is the co-founder and CEO of Lightspark, building infrastructure that extends the capabilities and utility of Bitcoin. Prior to Lightspark, David led all payment and crypto efforts at Facebook/Meta and scaled Messenger to 1.5BN users. David previously founded three other companies: Zong (acquired by eBay/PayPal for $240M), Echovox (acquired by MBO), and GTN (acquired by World Access). In Today's Episode with David Marcus We Discuss: 1. From Losing Everything to Becoming Changing the World of Fintech: How did seeing his family lose everything lead to David starting his first company, GTN? Does David believe that great companies can be built in Europe? What are the biggest mistakes David made with Zong? How did they impact his mindset? 2. The Secret to Building a Great Company from Mark Zuckerberg's ex-Right Hand Man: Where does David think Paypal lost its way? How did David "brutally" change PayPayl's company culture when he came in? What worked and what didn't in scaling Messenger to 1.5BN users? Why did Diem (formerly Libra) fail? How did David know when to give up that fight? What is David's biggest lesson from working with Mark Zuckerberg? 3. Crypto & AI's Ripple Effect on The Rest of The World: What will be the fallout from the de-banking of crypto?  How does David think the future of AI will impact income equality? If David was in charge of the SEC, what would he do first? What worries David most about the next 1-5 years in the crypto industry? What are the most significant signs that the tea leaves not looking great for the US dollar? 4. How The Best Leaders Hire The Best Talent: Why does David believe that naivety is good for entrepreneurs? Does David believe we'll be in a worse macro position by the end of the year? How has David changed most as a leader over time? What is David's biggest piece of advice in regard to hiring across many different companies?  

First Citizens Bancshares has agreed to buy most, but not all, of Silicon Valley Bank's (SVB) carcass from the FDIC. They're acquiring $72BN of loans at a discount of $16.5BN. The FDIC estimates SVB's failure will cost it around $20BN. The Deposit Insurance Fund currently sits at 128BN. It's funded by banks, which means by […]

justclean is a cleaning and laundry services marketplace that covers the Middle East. It's a great business with vast potential – the market value has been assessed as 3.5BN per year - and I recently caught up with Athbi Al-Enezi, the founder and CEO of justclean. We discussed the challenges in bringing an online business model to a sector that was almost exclusively offline, learning from your mistakes, marketplace best practice and how justclean can expand its services across the region.

Alex Bouaziz is the Co-Founder and CEO @ Deel, the all-in-one platform made to simplify all things HR, built for global teams near and far. In the last year alone, Alex has scaled Deel from $57M in ARR to $295M, EBITDA positive since Sept 2022, 85%+ gross margins, and over $5BN paid out to 250,000 people. Alex has raised over $679M with Deel, pricing the company at the last round at $12.1BN. Investors in the company include a16z, Spark Capital, Coatue, and many more. In Today's Episode with Alex Bouaziz We Discuss: 1.) From Student in London to Decacorn Founder: How Alex made his way into the world of startups and how he came up with the idea for Deel? Did Alex always know he would be successful when he was growing up? What does Alex know now that he wishes he had known when he was starting? 2.) The Importance of Execution: How important does Alex think speed of execution is for startups? What can startups do to deliberately increase their speed of execution? How does Alex think about the dilemma of losing quality with speed? What does Alex think you do need to go slow on to ensure it is perfect? How does Alex think about focus and prioritisation today with Deel? 3.) Scaling to $295M in ARR in 3 Years: When did Alex know he had true product-market fit with Deel? How did Alex use a 50-person Whatsapp group to both determine product market fit and to navigate product direction for the company? What was the key to Deel's blitz scaling strategy? What worked? What did not work? How did Alex hire 2,000 people in such a short space of time? What broke first in the organisation? How could they have prevented it? 4.) Secondaries, Angel Investing and Wealth Management: How much did Alex take out in secondaries in the last round of funding? How did Alex determine how much cash to allocate to angel investing? Why does Alex believe most founders make poor angel investments when they have cash? What have been Alex's biggest lessons from investing? How has it changed how he operates? Why should all founders be super transparent in investor updates?

Welcome to The Nonlinear Library, where we use Text-to-Speech software to convert the best writing from the Rationalist and EA communities into audio. This is: FTX will probably be sold at a steep discount. What we know and some forecasts on what will happen next, published by Nathan Young on November 8, 2022 on The Effective Altruism Forum. Tl;dr: The purpose of the document is to add clarity. It was written quickly. If you think it is net harmful, comment saying so, I'm pretty happy to delete. How ever I (Nathan) largely stand by its contents. Binance, a competitor sold a large stake of FTT, FTX's native token and implied that FTX was at risk by mentioning a recent crash (LUNA) This started a run on the bank where depositors attempted to get their money out. FTX paused withdrawals for a while and seemed to be struggling SBF tweeted that FTX.com (not FTX US or Alameda) was beginning the process of being sold to Binance in order to safeguard depositor assets FTX.com comprises ~39% of Sam's assets and will be sold at a steep discount, affecting the value of FTX US and Alameda All depositors got their deposits back, which is good This likely means there will be a lot fewer assets for the effective causes, which is a tragedy Our sympathy lies with SBF and the team Since most of the knowledge we want is around, prediction markets will probably be pretty accurate. There are some around a range of outcomes such as the sale value and FTX Future Fund regranting (scroll down) We should wait and see what happens Please flag any issues and we'll try and correct them Longer version There are three key entities here (prices according to Bloomberg, so probably wrong): FTX (The worldwide business) that composes about 39% FTX.US (FTX's US arm) a crypto exchange that composes about 13% of SBF's wealth Alameda, a hedge fund which composes 46% Alameda was SBF's original hedge fund and made markets for FTX. The behaviour of the two was correlated, and Alameda held large positions in FTT, FTX's token. Coindesk reported Alameda were in trouble, and some internal documents were leaked. Alameda CEO, Carlone Ellison rebutted. Binance left/was pushed out of an early funding round of FTX and were paid in FTT, FTX's native token. It seems like there was bad blood. This week Binance said they were selling their FTT and referenced LUNA a coin that recently crashed. It is common for projects in crypto to fail, so when there is a sense they will, people withdraw their money rapidly. This started a run on FTX. Earlier today SBF announced that, FTX.com, the non-US business had been agreed in principle to be sold. SBF talks about that here. It will likely be sold at a steep discount. This is tragic and will likely lead to fewer resources for effective causes. Cz (Binance)'s Twitter thread: There are some large unanswered questions both for EA and FTX. This reduction in resources will mean many fewer are dedicated to the worlds top problems as may of us see them. To me that is an enormous tragedy. There are questions about funding which will affect some jobs and we've tried to create some clear signals below. Finally I'm sure this has been a terrible few days for Sam and his team and will likely continue to. Relevant forecasts Here is a section of relevant forecasts to try and give people a picture of what might happen. Will CZ/Binance acquire ftx.com? If it doesn't, I don't know what will happen. How much will the deal imply that FTX.com is worth. Since we don't know how much of FTX got sold, we can only guess the price implied by the sale. More than $3bn would be bad but better than expected. Less than $.5 would be catastrophic. If FTX.com is bought by Binance, will the deal imply FTX.com is worth more than $.5Bn? If FTX.com is bought by Binance, will the deal imply FTX.com is worth more than $3Bn? 66% The other key question is what happens to the FTX Foundation. How much will it spend next year? 66% Will the FTX Future Fund spend more than $300mn in 2023? ...

Brian Armstrong is the Co-Founder and CEO @ Coinbase, the easiest place to buy and sell cryptocurrency. Over the last 10 years, Brian has led Coinbase to today, a public company with over 3,500 employees and revenues of over $7.5BN in 2021. Brian also raised venture funding before going public from some of the best including Fred Wilson @ USV, Micky Malka @ Ribbit, Marc Andreesen @ a16z and Garry and Alexis at Initialized. Prior to founding Coinbase, Brian was a Product Manager @ Airbnb. In Today's Episode with Brian Armstrong We Discuss: 1.) Founding Coinbase: How did Brian make his way from PM @ Airbnb to founding Coinbase? What is Brian running from in his past? What is he running toward in his future? What does Brian know now that he wishes he had known at the start of Coinbase? 2.) Brian Armstrong: The Leader: What does "high performance" mean to Brian in leadership? How does Brian think about stepping off the treadmill for a second and appreciating what has been achieved? How does one celebrate as a team without creating laziness or arrogance? How has Brian most changed as a leader over the last 10 years? On reflection, what does Brian believe are his biggest weaknesses today? 3.) Crucible Moments in the Coinbase Journey: What does Brian mean when he says, "you need to be able to differentiate between a real emergency and a fame emergency?" What is the difference? When Brian made the speech to the Coinbase team on political views in the company, was that a real or fake emergency? What happened? What would he have done differently? Is the failed NFT launch, a real or fake emergency? What big mistakes were made? What are Coinbase doing to correct and improve them? "Bankrupt Coinbase" campaign on social earlier this year, real or fake emergency? What has been Brian's biggest lessons on how to deal with fake news? 4.) Crypto and The Ultimate Mission for Coinbase: What is different about this crypto winter from all other crypto winters? Why did Brian ban discussion on the market cap from employees within Coinbase? How does Brian maintain morale internally when everyone sees the stock at all-time lows? How does the Coinbase mission extend far beyond financial freedom for the world? What does Brian want Coinbase to be in 10 years?  

 AdaPia d'Errico is here today to teach us how we can empower our decision making by listening to our intuition better!She is a visionary leader with over 20 years of experience across countries, cultures, and both corporate and start-up environments.During that time, she's co-founded businesses, launched various brands, has redefined industries, and has even brought real estate crowdfunding into the mainstream. Today, she is a Principal and the VP of Strategy for the real estate private equity firm Alpha Investing. Her firm invests in multifamily, senior housing, and affordable housing nationwide with a portfolio of over $1.5BN in property value. She is also the author of Productive Intuition: Connecting to the Subtle - which is her first book and she is also a powerful keynote speaker with over 30 million views across Youtube.It's because she inspires people to connect to their Inner Authority and step into their most powerful leadership roles in all areas of life.You can find out more about our guest and how you can work with her at www.alphai.com or you can reach out to her at her site adapiaderrico.com.SPECIAL OFFERS FOR OUR LISTENERS:For anyone interested in using the great service Groundbreaker provides, we have an amazing offer for you. Just type "HSQUARED" into the "optional Note"  section on the demo form to get 10% off your first 3 months.https://groundbreaker.co/Find out how to access your retirement funds tax-free and receive a free book!!https://book.eqrp.co/hsquaredcapitalPublished: Dec. 30, 2020

Henrique and his co-founder, Pedro, started their entrepreneurial journey at 16 when they started pagar.me. In the process of doing so, they learned a ton about what product market fit looks like and how difficult it is to run a profitable business.    Henrique and Pedro went on to stumble on quite the market opportunity: Why was it that startups were raising millions of dollars from VC funds but then struggling to get a corporate credit card with a $30,000 credit line? In short, they identified an underserved market with tons of latent demand and very little actual credit risk. These companies may have been considered ‘risky', but in reality, they were very credit-worthy.    5 years and change later, Brex has raised over $1.5Bn, employees well over 1,200 people, and is a market leader in the corporate credit card and spend management space.    Henrique joins Scott Britton and Andrei Newman on the Built By Humans podcast as they discuss how to design processes that scale with your company, the importance of focus, and why being extremely authentic is the key to being an effective leader. Here are some key takeaways from the conversation: The best CEOs are extremely authentic to themselves and build a team of people around them that allow them to be the best version of themselves.  Antiquated industry infrastructure can yield fantastic opportunities for disruption. In Brex's case, banking infrastructure prevented incumbents from underwriting customers daily which turned out to be a key differentiator for Brex.  Calculate the true cost of a new process before implementing it. Many processes make the lives of 99% of your people worse all in the name of preventing the 1% of times where things go wrong.  A CEOs job is to balance risk with speed and decide what types of risks they are willing to take on in order to move faster.   Doubling headcount doesn't mean double the output. Many times leadership bandwidth is the biggest bottleneck to productivity.  Focus is imperative. There will always be many strategic directions that have merit and value to your company but it's important to be okay ceding some to competitors in the name of doubling down on your core business.

Learn how to set up your SaaS or any Membership Company finance and accounting correctly from the start to save you potentiall millions in the event you sell your company. About Anthony Nitsos Anthony founded SaaS Gurus after years of experience building B2B SaaS finance and admin ecosystems for many companies including Duo Security (exit to Cisco $2.35Bn), LLamasoft (exit to Coupa $1.5Bn), and 10+ other start-ups. The deepest pain point he addresses is setting everything up properly the first time so Founders and CFOs can focus on optimizing revenue and cash instead of dealing with back-office roadblocks. Join over 17,000 others and sign up to receive bonus content with EDGE's weekly Newsletter. It's free sign up here >>> EPISODE LINKS: SaaS Gurus  PODCAST INFO: Apple Podcasts: EDGE on Apple Podcasts Spotify: EDGE on Spotify  RSS Feed: EDGE's RSS Feed Website: EDGE Podcast SUPPORT & CONNECT EDGE's Weekly NewsletterJoin over 17,000 others and sign up to receive bonus content. It's free sign up here >>> Please Support this Podcast by checking out our Sponsors: Mad River Botanicals 100% certified organic CBD products. The product is controlled from seed to end product by it's owners. Use code: EDGE22 to get 10% off all your orders. Shop here>>> A top podcast for entrepreneurs! *We respect your privacy and hate spam. We will not sell your information to others.

With me today is Mike Quinn, the founder of Zoona, one of Africa's startup darlings for a period of time. He and three other cofounders built Zoona, a money transfer and remittance business, to over 3000 agents transactacting $2.5Bn across two African markets - Zambia and Malawi. They earned $86 million in revenue along the journey. He was one of the first founders on the continent to ever raise venture money and raised through Series B before their Series C and ultimately the future growth of the company went into a death spiral. He wrote his reflections in a book titled “Failing to Win” and he is now on to building his next venture, Boost. Hear on this episode: 1) Learning from Failure - The Startup CEO & Founder Reality We are All Failing All the Time The Difference Between Having Failed and Thinking You Are a Failure Navigating Self Doubt in Tough Moments Making the Decision to Leave Your Own Company You are Not Going through the Founder Journey Alone if You Do it Right How Being a Dad and Husband made Mike a Better Leader 2) Managing Your Board Managing the Culture of Your Board as You Would Your Team Reduce the Drag Coefficient of Your Board Talk about What Actually Matters at Your Board vs Reporting and Updates How to Communicate to the Board When You Are Disappointing Them 3) Exiting a Key Executive Deciding to Exit A Key Executive Who Doesn't Fit Your Culture When Your Culture Is Misaligned Internally and How You Know When Someone Breeds a Different Culture Internally to What You Have When International Expansion Fails in a New Market after it Worked in Others 4) Team and Culture How to Hire The Fewest “Right” People Culture Exists Whether You Care About it or Not Managing Culture and Morale When Contracting not Scaling Behaviours not Values are What Matter Finding a CoFounder Who Complements Your BlindSpots Find Mike's book on Amazon and Audible. Find out more at KindredCapital.VC/FoundersUncut This podcast was produced by Fascinate Productions Learn more about your ad choices. Visit megaphone.fm/adchoices

After BlockFi had raised their Series D in 2021, the state of New Jersey issued a cease and desist order to shut down its interest bearing product. The management team had to navigate regulatory uncertainty in the crypto world and also manage a team through a time of great uncertainty in their business. Today - Flori Marquez, the co-founder and SVP of Operations at BlockFi, will tell us about this and many more aspects of her scaling up journey. BlockFi has a current valuation in the range of $4-5BN, more than 600,000 retail clients, 350 institutional clients and 850 employees, Specifically, in this episode you will hear more from Flori about:  1) How to manage a company through regulatory uncertainty What does it feel like to scale from 0 to 850 people? How do you manage through uncertainty and keep a motivated team? What is the difference between leading in times of uncertainty versus leading in a hypergrowth phase? How should founders in regulated spaces engage with regulators? What does the SEC resolution mean for the broader crypto/bitcoin/web3/ethereum/solana landscape? 2) Key Leadership Decisions as you scale your startup How do you ensure people understand your vision as you scale quickly and remotely? Why did you choose not to give yourself the COO title when you could have? How do you take on new tasks but stay aware of where you need to develop? 3) Diversity within the startup, tech and crypto space As one of the few females who have scaled a unicorn in the crypto space, how do you think about your representation as a role model? How do you get other diverse founders inspired to go on their own startup founding journey? How did being from a family of immigrants and speaking multiple languages affect you as a startup leader? 4) Fundraising for a crypto startup in crypto winter? What were those early days of fundraising like? What does it feel like to get so many no's? Did fintech and crypto venture capital investors understand what you were trying to do in those early fundraising days? 5) How do you stay sane as a founder of a startup? Do you ever get to take a break as a founder and how do you sustain your energy? What do you give up by being a founder? How is being a founder different from working for a startup? Follow more of Flori's founder journey on twitter or instagram at @FounderFlori And sign up to earn money on your crypto currencies with BlockFi  Find out more at KindredCapital.VC/FoundersUncut This podcast was produced by Fascinate Productions Learn more about your ad choices. Visit megaphone.fm/adchoices

As with all social media platforms, Instagram is constantly evolving. Most changes are minor but others have big implications for ecommerce businesses. Join Matt as he talks to Mike Yan about the tips and tricks for using the new automated features of Instagram to grow your eCommerce business There's a revolution underway that's reshaping how businesses around the world interact with their customers, and Mike Yan is leading the charge. As the co-founder and CEO of ManyChat, he's made it his goal to disrupt the $5BN+ email marketing industry by bringing the convenience of messenger apps to business-to-customer communication.   Connect with Mike Yan Instagram LinkedIn Company website   Links to other platforms where this podcast is available Apple Podcasts Stitcher Spotify