Podcasts about VC

Thanks for listening, and please follow us on Insta @NHPTalent and www.youtube.com/thePOZcast For all episodes, please check out www.thePOZcast.com #thePOZcast is proud to welcome Dalia as our newest partner. Dalia helps employers convert more career-site traffic into qualified applicants by giving job seekers a universal candidate profile that eliminates repetitive applications and streamlines the application process. Learn more (link below) https://www.dalia.co/audit?utm_source=pos About: I'm joined by two leaders who have built careers around one simple idea: great businesses are built by great people. First is Josh Robinson, a transformational executive with more than 20 years of experience leading finance, technology, and business strategy across organizations ranging from $50 million to $7 billion in revenue. Josh is known for building high-performing teams, creating cultures that attract top talent, and helping companies think big, start small, and scale fast. Joining him is Mike Nathan, a Navy veteran, entrepreneur, investor, and startup builder who's helped launch, advise, and invest in more than a dozen companies across industries. From Search & Rescue Swimmer to founder, board member, and operator, Mike believes that business is one of the most powerful vehicles for creating meaningful impact for people and communities. Together, Josh and Mike bring an incredible combination of operational excellence, entrepreneurial grit, and people-first leadership. I'm excited to dive into their journeys, what they've learned building companies and cultures, and where they see the future of work and leadership heading next. Key Takeaways: Not every high performer should become a manager. Companies need meaningful advancement paths for strong individual contributors instead of forcing them into leadership roles they may not want or be equipped for. Leadership is less about having every answer and more about building the right team. Great leaders trust subject-matter experts, ask better questions, and create the conditions for others to execute. Authenticity builds more trust than pretending to know everything. Employees respond better to leaders who admit what they do not know and work alongside the team to find the answer. Conviction can matter as much as competency. Skills may get someone through the interview process, but genuine belief in the company's mission determines whether they will remain committed when things get difficult. A founder's ability to delegate is a critical indicator of scalability. Founders who constantly say “I,” control every decision, and cannot step away will eventually become the bottleneck in their own business. Raising capital should serve a specific goal, not someone's ego. Companies should pursue funding when it accelerates product development, sales, expansion, or a planned exit, not because announcing a major round has become a status symbol. AI is creating the rise of the “Army of One.” Individuals and small teams can now use AI, outsourcing, and personal branding to produce the output and profitability once associated with much larger organizations. Take the “Army of One” seriously, but not literally. AI can dramatically increase individual productivity, but growing companies will still need talented people when complexity, scale, and human connection demand them. Replacing employees with AI is often the wrong strategy. The greater opportunity is to give employees AI tools, remove repetitive work, and redeploy people into more valuable roles that improve service and generate revenue. The professionals who thrive will combine expertise with AI fluency. Human judgment, technical knowledge, and relationship skills will remain valuable, but people who fail to learn how to apply AI within their field risk being left behind.     Chapters 00:00 Introduction to Leadership and Impact 01:43 Personal Leadership Journeys 05:19 The Role of Individual Contributors vs. Leaders 08:12 Evolving Beliefs About Leadership 09:48 Hiring Talent vs. Building Executable Teams 12:44 Evaluating Founders and Their Potential 14:43 Post-Mortem Analysis of Failed Startups 15:52 The Right Time to Raise Capital 17:52 The Army of One Myth and AI's Role 26:51 AI's Impact on Jobs and Company Culture 32:28 The Importance of Human Expertise in a Tech-Driven World 33:16 Hiring for Heart: The Key to Successful Interviews 35:21 Assessing Compatibility: The Role of Personality in Hiring 37:49 Radical Transparency in Leadership and Its Challenges 41:33 Risky Decisions: Career Moments That Changed Everything 45:06 Debunking Business Clichés: What Needs to Die 47:40 AI: Signal or Hype? Perspectives on Job Disruption 51:57 Investing in Healthcare: The Future of Tech-Enabled Solutions 54:13 Legacy: What Do We Want to Be Remembered For? 55:36 Defining Success: Balancing Personal and Professional Life    

当最基本的粮食援助可能在几周后停止，生活在南苏丹难民营里的人们，接下来要靠什么活下去？ 2026 年 8 月，联合国世界粮食计划署与联合国难民署发出警告：由于人道主义援助资金严重不足，南苏丹超过 24 万名难民和寻求庇护者可能在数周内失去粮食援助，其中绝大多数是妇女和儿童。 本期节目，我们采访了正在世界粮食计划署（WFP）南苏丹国家办公室工作的王宏锐。不久前，他第一次前往位于南苏丹西北部阿维尔的难民营：在那里，他遇见了徒步六个月、带着四个孩子逃离苏丹的家庭；也遇见了一位为给孩子换粮食，不得不抵押 WFP 援助卡的母亲；还有一个因未达到严重营养不良的认定标准、无法领取营养物资的孩子。他撸起袖子，露出细瘦的胳膊，平静地对宏锐说：「我很饿，我没有食物。」 当全球多场人道主义危机争夺着日益有限的援助资金，当已经降至最低限度的救济仍可能随时中断，一个身处其中的援助工作者，如何面对眼前具体的饥饿与自己的无力？他又该如何理解这份工作的意义？ 一起来听听宏锐从南苏丹带来的讲述。 本期人物 王宏锐，世界粮食计划署南苏丹办公室伙伴关系官员 徐涛，声动活泼联合创始人 主要话题 [01:52] 从 WFP 罗马总部到南苏丹：希望离受援者更近一些 [08:39] 辗转六个小时，第一次走进南苏丹的难民营 [16:17] 抵押援助卡的母亲，以及一位援助工作者的无力 [20:20] 从楼房到难民营：一位苏丹母亲的逃难经历 [28:16] 物资援助已完全停止，现金援助比例不断削减 [37:53]一位中国援助工作者如何理解援助工作的意义 延伸解读 [11:54]在树下休息的新难民妈妈和靠吃盐补充电解质的孩子 [26:37]在南苏丹难民营的小女孩用王宏锐的手机自拍 王宏锐与孩子们的合影 [28:59]营养不良的测量方法：工作人员会用一条带有刻度和不同颜色的纸带（上臂中围测量带），测量孩子的上臂中围。测量时，要把纸带绕在肩膀和手肘之间的上臂中点。对于 6 个月到 5 岁的儿童，如果上臂围低于 11.5 厘米，就意味着孩子可能处于严重急性营养不良状态，需要接受进一步评估和治疗。 联合国世界粮食计划署中国国家办公室官网 WFP South Sudan官网 WFP South Sudan X主页 WFP 南苏丹捐款链接（IP需在境外） 节目中提到的 WFP 校餐计划：如何用一顿饭改变孩子的未来？ 当饥饿成为武器：世界粮食计划署代理执行干事卡尔·斯考呼吁安理会采取切实行动 世界粮食计划署、联合国难民署联合新闻稿:资金告罄，南苏丹难民面临极端饥饿 也可以在小红书账号「徐涛-声东击西」看到更多相关内容和幕后 给声东击西投稿 「声东击西」一直在寻找来自不同社会和群体的真实声音。我们曾经采访过为特朗普竞选生产 MAGA 帽子的中国制造商、记录过七位在美国大选中经历起伏的华人个体，也讲述了委内瑞拉青年的故事。 如果你也有一些特别的经历、观察或想法，不论是亲身体验的故事，还是你在某个行业、社区中的所见所闻，都欢迎你向我们投稿。 你的声音可能出现在未来的节目当中，我们非常期待你的分享！ 投稿入口 加入我们 声动活泼团队目前正在招聘内容监制、商业运营经理、商业发展经理和实习生，如果你也对播客行业的内容制作和商务运营感兴趣，欢迎投递！ 详情点击招聘入口：加入声动活泼（在招职位速览） 幕后制作 后期：赛德、翔宇、怡然 运营：George 设计：饭团 实习编辑：翔宇、怡然 商务合作 声动活泼商业化小队，点击链接可直达商务会客厅，也可发送邮件至 business@shengfm.cn 联系我们。 关于声动活泼 「用声音碰撞世界」，声动活泼致力于为人们提供源源不断的思考养料。 我们还有这些播客：声东击西、What's Next｜科技早知道、商业WHY酱、跳进兔子洞&跳进兔子洞第三季、吃喝玩乐了不起、不止金钱、泡腾 VC、反潮流俱乐部 欢迎在即刻、微博等社交媒体上与我们互动，搜索声动活泼即可找到我们。 也欢迎你写邮件和我们联系，邮箱地址是：ting@sheng.fm 获取更多和声动活泼有关的讯息，你也可以扫码添加声小音，在节目之外和我们保持联系！ Special Guest: 王宏锐.

This Week In Startups is made possible by: Lightfield https://lightfield.app Northwest Registered Agent https://www.northwestregisteredagent.com/twistdomain Rippling https://Rippling.ai/twist   Today's show: *Bill Gates dropped a 6,000 word warning: AI will be "the greatest equalizer ever invented, or the worst sort of injustice." The Microsoft icon has an AI agenda for the US: new national institutions, AI use taxes, and jobs legally reserved for humans only. Our VC roundtable guests — Sheel Mohnot (Better Tomorrow Ventures), Dave McClure (Practical Venture Capital), and Hussein Kanji — push back hard. Is taxing profits a better fix for AI taking jobs than taxing the tokens themselves? PLUS: Meta's $17B kids safety settlement… does it go far enough? Why does Stripe want OpenRouter? A peek at the VC's actual portfolio mark-ups. AND begun, the AI agent wars have. Our panel chooses between OpenClaw, Instinct, and Grok Bot. Guests Sheel Mohnot on X: https://x.com/pitdesi Better Tomorrow Ventures: https://www.btv.vc/ Dave McClure on X: https://x.com/davemcclure Practical Venture Capital: https://practicalvc.com/ Hussein Kanji on X: https://x.com/hkanji Hoxton Ventures: https://hoxtonventures.com/ Relevant Links GatesNotes: "The turbulent AI era is here": https://www.gatesnotes.com/a-turbulent-ai-era-and-critical-choices-to-make NPR: Meta settlement coverage: https://www.npr.org/2026/08/26/nx-s1-5944781/meta-settlement-child-safety-lawsuit TechCrunch: Stripe agrees to buy OpenRouter: https://techcrunch.com/2026/08/16/stripe-will-reportedly-acquire-ai-gateway-startup-openrouter-for-7b/ Skild AI S1 Demo: https://www.skild.ai/blogs/s1 Instinct AI agent (waitlist): https://instinct.co/ TechCrunch: Instinct coverage: https://techcrunch.com/2026/08/24/instincts-powerful-ai-assistant-is-raising-privacy-and-security-concerns/ CNBC: OpenAI CFO says IPO is coming in 2027: https://www.cnbc.com/2026/08/19/open-ai-ipo-timing-2027-friar.html Basis: https://www.getbasis.ai/ TaxGPT: https://www.taxgpt.com/ Cusp AI: https://cusp.ai/ Abacus: https://goabacus.co/ Micro1: https://www.micro1.ai/ Mottu: https://mottu.com.br/ EquityBee: https://equitybee.com/ Kiva: https://www.kiva.org/ Timestamps: 0:00 It's Hussein's first time on the VC Roundtable! 2:09 Gates says "turbulent era" for AI is here 8:56 Microloans, Kiva, and "universal basic income" 9:23 Thanks to our partner, Lightfield, the AI-native CRM that updates itself, so you never have to! Try it for free at https://lightfield.app 13:00 Why sole proprietorships may be AI's biggest beneficiary 20:29 Got a new business idea? Northwest helps you bring it to life. Get a free domain, email, phone number, and more, with no purchase required! Learn more at https://www.northwestregisteredagent.com/twistdomain 21:00 Should the gov't take a stake in AI labs? 30:24 Thanks to our partners at Rippling! Head to https://Rippling.ai/twist to get the only AI built to give you full visibility across your startup and take complex actions across your entire business. 32:44 Meta's $17.1B settlement 45:14 Is anything still fundable outside of AI? 46:29 Stripe and SpaceX deals 55:54 Skild AI's pancake flipping demo 59:49 Sheel's Hottest Takes 1:04:37 Dave's Charts 1:09:07 Who loses money when there are no IPOs? 1:16:49 The Agent Wars heat up 1:24:56 Everyone's favorite investments   Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com Check out the TWIST500: https://www.twist500.com Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp   Follow Lon: X: https://x.com/lons   Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis   Thank you to our partners: (0:00) PARTNER - AD BLURB (0:00) PARTNER - AD BLURB (0:00) PARTNER - AD BLURB Check out all our partner offers: https://partners.launch.co/   Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland   Check out Jason's suite of newsletters: https://substack.com/@calacanis   Follow TWiST: Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups Substack: https://twistartups.substack.com

Produced by Foundersuite (for startups: www.foundersuite.com) and Fundingstack (for emerging manager VCs: www.fundingstack.com), "How I Raised It" goes behind the scenes with startup founders and investors who have raised capital. This episode is with with Matt Ober of Social Leverage, a San Diego-based venture capital fund that invests in FinTech and Vertcal AI startups. Learn more at https://socialleverage.com/. In this episode, Matt shares his journey from working at a quant hedge fund to becoming a VC, trends in FinTech and Vertical AI, tips for using Claude and MCPs for raising capital, how they use content to attract the best founders, advice for emerging VC managers, tips for founders, and more. How I Raised It is produced by Foundersuite, makers of software to raise capital and manage investor relations. Foundersuite's customers have raised over $21 Billion since 2016. If you are a startup, create a free account at www.foundersuite.com. If you are a VC, venture studio or investment banker, check out our new platform, www.fundingstack.com

Erika Lucas spent years inside private equity and venture capital, the rooms that decide who gets funded in America. Then she left to build what goes around them. In this episode, she tells Saadia Khan exactly what investors say about founders once they've walked out. Erika was born in Chihuahua, Mexico, and came to rural Oklahoma at 13 with her mother and sister, speaking no English. She went back. She built a career in Mexico, returned to the U.S., ran foreign direct investment for the State of Oklahoma, became a private equity partner—and then walked away to co-found StitchCrew, which has brought capital and networks to hundreds of founders the system overlooks. She also founded VEST, a peer network for women professionals, and VEST Her Ventures, a fund backing women-led companies in the care economy. Her TEDx talk, America's Trillion Dollar Blindspot, argues the money in this country is pointed the wrong way. She and Saadia get into the part most founder conversations skip: not how to pitch better, but who is on the other side of the table and why they keep writing checks to people who look like them. Erika's advice to founders is not what you'd expect from a former VC; she'd rather talk you out of raising venture at all. You can connect with Saadia on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠IG ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@itssaadiak⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Find Erika Lucas on IG at @erika_07 Email:saadia@immigrantlypod.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠ Host & Producer: Saadia Khan I Content Writer: Saadia Khan I Editorial review: Shei Yu I Sound Designer & Editor: Lou Raskin I Immigrantly Theme Music: Simon Hutchinson | Other Music: Epidemic Sound Immigrantly Podcast is an Immigrantly Media Production. For advertising inquiries, contact us at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠info@immigrantlypod.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠BOYOT (Belong On Your Own Terms) ⁠⁠⁠⁠⁠⁠⁠⁠⁠is the next step. It's our new app, designed to help you think through identity, culture, ambition, relationships, and the stories we carry with guided reflections, prompts, and frameworks developed over years of conversations on this show. It's thoughtful. It's challenging. And honestly, it's the kind of space many of us wish existed earlier in our lives. If you're ready to go deeper than the podcast, subscribe to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BOYOT⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and start the journey. Don't forget to subscribe to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Immigrantly Uninterrupted⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠for insightful podcasts. Follow us on social media for updates and behind-the-scenes content. Learn more about your ad choices. Visit megaphone.fm/adchoices

What does it actually take to win in venture capital?Harlem Capital co-founder and Managing Partner Henri Pierre-Jacques joins Maria to unpack a decade of lessons. They talk about how to identify exceptional founders, why the best VC deals take years to build, the growing importance of an investor's personal brand, and why founders should reference-check their VCs.Henri also shares Harlem Capital's approach to investment decisions, what it takes to make partner, how AI has changed the way he reflects and creates, and why he believes “winners want to be around winners.”

Jeff Mains sits down with Elie Bouzaglou, founder of Fish Tank, a video-first crowdfunding platform built for a generation that discovered entrepreneurship on their phone. Elie built an AI voice-call analysis tool as an internal sales tool at his web agency, only to have his team push him to bring it to market. After getting rejected by Republic, Wefunder, and every major crowdfunding platform, Elie didn't blame his product — he blamed the format. Pitch decks are boring, gatekept, and built for VCs, not consumers. His answer: a platform where founders pitch like content creators and everyday people can watch and actually invest, Shark Tank style. The conversation covers building in public, going "all in" on a risky content bet that proved his thesis before launch, why the next Mark Zuckerberg is more likely to be an ex-UGC creator than a programmer, and his "carefully reckless" framework for tackling the thing founders are most afraid of.Key Takeaways3:48 — How Elie's internal AI sales tool became a product because his team saw value he didn't.6:15 — Why the tool wasn't VC fundable, and the pivot toward crowdfunding.10:30 — The core insight: crowdfunding's real problem isn't quality, it's that discovery is boring.13:01 — Why people will binge-watch Shark Tank but can't invest in it — and how Fish Tank closes that gap.17:10 — The "pushing a car" metaphor: starting is the hardest part, momentum does the rest.19:46 — His trick for beating camera-shyness: film it and tell yourself you won't post it.28:54 — Why the next Zuckerberg probably won't be a programmer — it'll be an ex-UGC creator.36:42 — The "carefully reckless" framework: name the thing you're avoiding, write it down, do it.37:31 — The story of betting nearly his last dollar on a content shoot with a VC-turned-content-creator — and how it proved his thesis before launch.40:19 — Why investors are just people, and being seen with flaws beats not being seen at all.41:59 — On dealing with online hate: most of it comes from jealousy, not dislike.Tweetable Quotes"The worst possible case scenario is no one knows who you are. It's not bad PR — that's where you're at right now, and it can only get better." — Elie Bouzaglou"You have to be carefully reckless. What is the thing you are delaying the most? What is the thing you're most afraid of? And just do it." — Elie Bouzaglou"It's always easier to build than to start from zero." — Elie Bouzaglou"I believe the next Mark Zuckerberg will not be a programmer. He'll probably be an ex-UGC person." — Elie Bouzaglou"The greatest success is just on the other side of that fear." — Jeff Mains"When someone hates on you and takes time out of their day to comment, it's because they're jealous — not because they actually dislike what you're doing." — Elie BouzaglouSaaS Leadership LessonsShip it even if you don't see the value. Elie almost never brought his internal tool to market — his team had to convince him. Don't assume "anyone could build this" means no one wants it.Question the format, not just the product. When rejected by every platform, Elie didn't fix his pitch — he concluded the entire crowdfunding format was broken and built a new one.Momentum beats planning. His "pushing a car" philosophy: the hardest part is starting; perfect names, decks, and plans can wait.Break big fears into small, reversible actions. Film it without posting. Schedule it with the option to cancel. Small, low-stakes steps unlock big behavior changes.Distribution is a founder skill now, not a marketing afterthought. Building in public and mastering short-form content may matter more than technical pedigree for the next generation of founders.Bet asymmetrically on your scariest move. Spending nearly his last dollar on a content shoot was terrifying — but the asymmetric upside (VC access, proof of concept, investor DMs) made it the right kind of reckless.Guest Resourceselie@fishtank.vchttps://www.fishtank.vceliebouzaglou.comeliebouzaglou.com/linkshttps://www.linkedin.com/in/elie-bouzaglo/https://www.instagram.com/ftnk.elieEpisode SponsorThe Futureproof Series - https://www.youtube.com/playlist?list=PLfkXKUPZ5xuOqMPR7_gzGybncTtavyR1NThe Captain's KeysSmall Fish, Big Pond – https://smallfishbigpond.com/ Use the promo code ‘SaaSFuel'Champion Leadership Group – https://championleadership.com/https://jeffmains.com/books/SaaS Fuel ResourcesWebsite - https://championleadership.com/Jeff Mains on LinkedIn - https://www.linkedin.com/in/jeffkmains/Twitter - https://twitter.com/jeffkmainsFacebook - https://www.facebook.com/thesaasguy/Instagram - https://instagram.com/jeffkmains

Cambridge Tech Week's pitch competition is back, and this year's shortlist might be the strongest yet. James and Faye sit down with four of the five finalists ahead of their head-to-head on the main stage of the Cambridge Corn Exchange on 16 September 2026. It's a special, quick episode, a reunion of sorts: four of the five companies have featured on the podcast before, many as #21toWatch winners. The fifth - an Edinburgh-based AI company - proves that Cambridge Tech Week's reach now stretches well beyond the city.This episode introduces the finalists:Phil Spence, HotHouse Therapeutics (Norwich) - engineering plants to produce entirely new-to-nature vaccine adjuvants. Their target? Replacing QS-21 - with a scalable, less toxic, bioengineered alternative of similar efficacy.Dr Monica Saavedra's, Lambda agri (Cambridge) - an additive embedded into greenhouse paint and polytunnel sheeting that converts damaging UV light into red light, boosting photosynthesis and delivering up to 20% more yield per crop.Sam Kamali, Myonerv (Cambridge) not present on recording - a wearable medical device, to monitor and treat stroke induced paralysis, allowing stroke patients suffering from upper limb paralysis, to regain real-time control of their hand.Ruben Ruiz-Mateos Serrano, Polytecks (Cambridge) - a novel conducting polymer woven into e-textile electrode arrays that map the body's electrical activity in high-density detail - their first product, stages the most common cardiac disease in dogs.George Arden, Xplore Intelligence (Edinburgh) - simulates real operational environments to train and benchmark entire AI agent systems - catching hallucinations and errors before they reach users in regulated sectors like MedTech and logistics.Why Are They Competing?The answer is consistent across all finalists: it's not just about the prize money.Fundraising momentum - multiple founders are mid-round and treating the stage as a high-quality investor touchpointEcosystem reach - Cambridge Tech Week draws a global audience; and creates a deliberate bridge across the UK deep tech communityThe live final is sponsored by Mills & Reeve, and joined by PwC, and Julius & Clark. Judging on the day: Zickie Lim (Partner & Head of VC & Investments, Mills & Reeve), Marilena Ioannidou (British Business Bank), Richard Lewis (Foresight Group), and Emmi Nicholl (Cambridge Angels).Two prizes are up for grabs: Judges' Award and People's Choice Award.Be there in person: Wednesday 16 September, Cambridge Corn Exchange. Tickets at cambridgetechweek.co.uk Subscribe on all major podcast platforms or visit cambridgetechpodcast.com.Headline sponsor Holden PolestarProduced by Cambridge TV#CamTechPod Hosted on Acast. See acast.com/privacy for more information.

WATCH 'The Dick & Paul Show' on YouTube: https://youtu.be/LtLBhBp5T40 This episode is sponsored by Fidelity Investments and the all-new Fidelity Trader+ platform. Try Fidelity's most powerful trading experience yet: https://Fidelity.com/TraderPlus Fidelity Investments and MRKT Call are not affiliated. Views, opinions, products, services, and strategies discussed are not endorsed or promoted by Fidelity Investments. Fidelity Brokerage Services LLC, Member NYSE, SIPC. Dan Nathan sits down with Paul Costolo, former CEO of Twitter and current VC. They start with Dick's early comedy days (Second City alongside Steve Carell, two SNL auditions that didn't pan out) and his stint writing for HBO's Silicon Valley, before diving into his path from founding FeedBurner to running Twitter through its IPO — including candid stories about the culture shift from private to public company life, and a surreal late-night run-in with Jack Dorsey in Paris in the middle of Elon Musk's takeover drama. From there they get into Dick's venture firm, 01 Advisors, and his thesis on investing in the AI "enablement layer" (the infrastructure sitting above the models) rather than chasing the flashiest apps. Dick shares his read on today's eye-popping valuations — including Stripe's $7 billion acquisition of OpenRouter and a leaked investor letter claiming "the singularity happened on New Year's Day" — and gives his predictions for the coming wave of AI IPOs, arguing Anthropic and SpaceX are well positioned while OpenAI could face a tougher road given its executive turnover and messaging challenges. They close by talking about prediction markets (and the striking gap between how well people think they're doing on platforms like Kalshi versus reality), before wrapping up with a plug for Dick's own podcast, the Dick and Paul Show. —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media The financial opinions expressed in Risk Reversal content are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on Risk Reversal. Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in Risk Reversal carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose. Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.

We talk a lot on this show about root causes...what you eat, what you're exposed to, what you're healing inside of. This episode is about the one almost nobody checks: the air in your own home. Ariana Thacker is a chemical engineer and venture capitalist who, by her own description, was a highly functional human — daily boot camp, dialed-in diet, running a VC firm solo. Within months of moving into a new apartment, she was rereading simple emails just to process them, losing clumps of hair, and getting winded on the stairs. She saw more than a dozen providers — immunologists, allergists, pulmonologists, neurologists, PCPs — and none of them ran the right test. Most didn't believe mold could cause a whole-body inflammatory response at all. It took a Shoemaker-certified physician to name it: CIRS, chronic inflammatory response syndrome. She had one of the "dreaded" HLA haplotypes — part of the roughly 24% of the U.S. population that can't clear biotoxins on its own. She got better. Then she built the road she'd just clawed her way down. Ariana is the founder and CEO of MoldCo, a virtual clinic that answers three questions: Am I being exposed? Is mold making me sick? How do I get better? — with a $199 home test and a lab panel that starts at $56, roughly a tenth the cost of what most people pay to guess. Jen shares her own story too: a mold inspection that came back clean, and the leak found years later behind the living room wall by the family who bought the house. In this episode Why "highly functional" doesn't protect you — and how fast the symptoms started The 24% with a genetic susceptibility to mold, and what HLA haplotypes actually mean What CIRS is, and why ~80% of cases trace back to a water-damaged building Why the urinary mycotoxin test may be sending people down the wrong path — and the inflammatory markers (MMP9, MSH, TGF beta-1, C4A) that matter more How to hire a mold inspector who's actually qualified — the certifications to ask for and the 70-page report you should expect Why mold grows within 24–48 hours of water intrusion, and why new builds can be worse, not better The "canary effect": why one person in a house gets sick and nobody else does Prescription binders vs. natural binders — and why the natural route can take ten times longer Do air purifiers actually help? Moldy coffee and protein powder: is ingested mold the real threat, or is it what you're breathing? The environmental red flags to walk your own house for this week If you take one action Look up Shoemaker biotoxin symptom clusters (S-H-O-E-M-A-K-E-R). If a lot of those boxes light up for you — you only need one symptom per box to count — that's a strong signal to investigate your environment. Then walk your home for: that earthy, musty odor (especially in a basement), visible mold, peeling or cracking paint, warped flooring, dust on your HVAC vents, and indoor humidity consistently above 60%. Connect with Ariana MoldCo — moldco.com Instagram — @themoldcompany LinkedIn — in/arianadthacker X — @m0ldilocks

Story of the Week (DR):L3Harris ousts CEO after investigation into conduct MML3Harris Technologies, the company that overhauled a Qatari plane now used as Air Force One, has replaced Christopher Kubasik as chairman and chief executive after an investigation determined he violated the defense contractor's code of conduct.Kubasik's alleged conduct didn't involve and has no impact on the Melbourne, Fla., company's financial reporting, controls, customer relationships or operational performance, L3Harris said Monday.The company didn't give details on when it received a report of the potential violation. With the aid of independent counsel, the board determined that Kubasik's removal would be in the company's best interest, L3Harris said. He will be allowed to retain and exercise some previously vested stock options but won't receive severance payments, benefits or accelerated stock-based awards.L3Harris Technologies Appoints Sam Mehta, Proven Aerospace and Defense Executive, as President and Chief Executive Officer“The Board determined that the Executive engaged in conduct that was not consistent with the values of the Company as outlined in its Code of Conduct.”Kubasik will still hold onto some of his options that can net him stock worth about $23 million, as well as more than 200,000 shares of stock in L3Harris that he already owns, valued at nearly $57 million. L3Harris has paid Kubasik compensation valued at $66.3 million during the past three years, including $25.6 million in fiscal 2025.The separation disclosure says the L3Harris board decided to reach a deal with Kubasik to get him to leave rather than trying to fire him for cause. Kubasik did not admit to any violation of the company code of conduct, and the deal expressively forbids any of the parties or their representatives from making public statements “inconsistent” with Monday's disclosure.AND THIS:Women at L3Harris Shared Concerns About CEO's Behavior Years Before OusterIt was a warning that was shared among women who worked for Chris Kubasik: Avoid being alone with the executive and be careful on the corporate jet.Multiple women at defense contractor L3Harris Technologies LHX had raised concerns about Kubasik's behavior, including a formal complaint from one woman to human resources that was made around 2023, according to people familiar with the matter. The employee accused the CEO of sexual harassment, the people said.Kubasik stayed on in his role. The woman left L3Harris. Not all L3Harris board members were briefed on the 2023 complaint and it is unclearOusted L3Harris CEO was previously forced out of Lockheed Martin jobChristopher Kubasik's ouster as the L3Harris CEO was not the first time he was forced out of a company amid an allegation of misconduct.In 2012, Kubasik was set to become the CEO of Lockheed Martin when he was forced to resign after an ethics investigation confirmed that he had a close personal relationship with a subordinate employee.Why Do Boards Keep Giving Misbehaving CEOs Second Chances?L3Harris Technologies' LHX chief executive is out because of misconduct allegations, and it isn't the first time: More than a decade ago, Christopher Kubasik resigned from Lockheed Martin because he was accused of having a relationship with a subordinate.The Crucial Moment That Companies Miss After They Oust a CEOIt matters how a company responds to a scandal once it's caught in one, most blow the moment by choosing secrecy over transparency. It's an opportunity to reset the culture that led to the breach in the first place, but instead “your PR team and your legal team tell you ‘Don't dig into these things—it's not good for the company,' so you silence all the debates.”.Meta faces a $1.4 trillion threat that could mean ‘turning in the keys and walking away'—but the stakes of the case reach across techThe trial involves a coalition of 29 state attorneys general in a unified case against Meta that was brought in 2023, and will be argued by lawyers representing California, Colorado, New Jersey and Kentucky. The stakes are enormous as leading government officials across the country push for Meta to be held accountable for allegedly violating federal and state laws, including the Children's Online Privacy Protection Act, or COPPA, and various consumer protection statutes.States accuse Meta of targeting children for Facebook, Instagram addiction: 'The young ones are the best ones'Meta whistleblower told jury the company took a 'don't ask, don't tell' approach to kids' safety‘Harvest their data and hide the truth from the public': Four states seek billions from Meta over child safety practicesSEC says it will stop responding to no-action requests ‘entirely'The Securities and Exchange Commission plans to stop responding to no-action requests “entirely … effective immediately,” the agency said in a statement Friday.The decision comes after the SEC sat out the bulk of the no-action process during the 2025-26 proxy season. Investor advocates have since sued the agency, alleging the change violates the Administrative Procedure Act.AI data center outrage is showing up everywhere from ads to electionsAI data center outrage is showing up everywhere from ads to electionsGOP Begs AI Firms to Fix Data Centers' “Toxic Brand” to Help Midterm Chances As A.I. Data Centers Spread, Pressure Mounts to Share ProfitsThe Data Center Industry's PR Blitz Is BackfiringData center backlash echoes fossil-fuel politicsMajor data center bills advance in California despite industry pushbackThe ‘Country Hicks' Who Refused $26 Million from an AI Data Center Bad news for Jason Kelce: Postal Service rules say you shouldn't mail pee to data centersPoliticians Who Once Championed Data Centers Are Now Bashing ThemPennsylvania Gov. Josh Shapiro cracks down on data centers, says speculators are 'scaring our communities'Data centers are using more electricity than anyone predicted. What happens next?Trump oblivious to voter fury about data centers, saying ‘the jobs are enormous and the money paid, the taxes paid, are just enormous'Politicians Turn Against Data Centers as Anger Over AI SpreadsAmazon is buying rare books and destroying them to train its AI modelsThe team's logo features a dinosaur holding a book.Data center hysteria is the new woke | OpinionBring back the corporate death penaltyMore formally known as judicial dissolution, the corporate death penalty basically happens when the government is so pissed off by the corruption or damage a corporation causes that it yanks away their charter.Andreessen Horowitz Focus of DOJ Probe Over Board DirectorsVenture capital firm Andreessen Horowitz is the focus of a Justice Department antitrust probe over whether its investment partners are improperly serving on the boards of competing artificial intelligence companies, according to people familiar with the matter.The companies at issue include Databricks Inc., one of the most valuable privately held technology companies in the world, and Fivetran Inc., both backed by the VC firm, according to the people, who asked not to be named discussing a confidential matter. Andreessen Horowitz co-founder Ben Horowitz serves on the board of Databricks, and partner Martin Casado is a board member of Fivetran. Both companies help businesses collect, organize and analyze massive troves of data.Goodliest of the Week (MM/DR):MacKenzie Scott gave California public education $461 million—and let the recipients decide how to spend every dollarMM: Andreessen Horowitz Focus of DOJ Probe Over Board Directors DRAssholiest of the Week (MM):Bill Brown and Robert Millard DRNever accountable for anything directorsL3Harris ousts CEO after investigation into conductHistory lesson:Kubasik hired in 2015 after Lockheed disaster firing, hired as COO and PresidentPresiding CEO: Michael Strianese, Chair from 2008, CEO from 2006Board: Claude Canizares (71, MIT physics professor, 2003)Thomas Corcoran (72, Carlyle, consulting, 1997)Ann Dunwoody (64, only woman, US Army Gen, 2013)Lewis Kramer (69, EY accountant, 2009)Robert Millard (66, MIT Chair, Lehman until 2008 collapse, LID, 1997)Lloyd Newton (74, only PoC - token black guy - US Air Force General, 2012)Vincent Pagano, Jr (66, lawyer, Simpson Thacher, chair of nom, 2013)Hugh Shelton (75, US Army Gen, 2011), Arthure Simon (85, accountant, 2001)8 white men, 1 woman, 1 black dude2018, Kubasik named CEO of L3 TechnologiesMichael Strianese retires and Kubasik takes overSame exact board minus Strianese2019, L3 and Harris merge to be L3HarrisKubasik added to L3Harris board, named COO and President of the company under Bill Brown, CEO and ChairSurviving the board merger:Thomas CorcoranRobert Millard - LID, nom memberLloyd Newton - chair of nomLewis KramerAdjacent - Roger Fradin of Carlyle on board, Corcoran also of CarlyleJune 2021, Kubasik becomes CEO and Bill Brown moves to exec chair (obviously)Board:Sallie BaileyBill BrownPeter ChiarelliThomas CorcoranThomas Dattilo (nom) - ex tire CEORober GradinHarry HarrisLewis Hay III (nom) - lawyer, ex CEo of NextEraLewis KramerRita LanRobert Millard (nom) - MIT Chair, LehmanLloyd Newton (nom chair) - generalSo given that the CEOs choose their successors, the nom committees approve them, the rest of the board rubber stamps it… we can thank:Michael Strianese - hires Kubasik, names him CEO at L3, despite Lockheed problemsNom approval: Ann Dunwoody (64, only woman, US Army Gen, 2013), Vincent Pagano, Jr (66, lawyer, Simpson Thacher, chair of nom, 2013), Hugh Shelton (75, US Army Gen, 2011) - a nom committee composed of the ONLY woman, two generals and a lawyer - all of whom are the LOWEST TENURED ON THE BOARD at the timeThen Bill Brown - names Kubasik CEO of combined L3Harris, one year of babysitting as exec chairNom approval: Thomas Dattilo (nom) - ex tire CEO, Robert Millard (nom) - MIT Chair, Lehman, Lloyd Newton (nom chair) - generalFamiliar names: Millard and Newton - see Kubasik all the way throughAnd the CEOs and directors can keep failing… Bill Brown on the Becton Dickinson boardRobert Millard on the Green Dot Corp (nom!), iHeartMedia, Evercore (nom!) boardsBrought on to iHeart board just 3 years after an exec there went on a racial slur rant, the company was sued for gender and wage discrimination, and a radio host of the companies were accused of severe harassment - not sure what will change?Dario Amodei“Public benefit corporation” Anthropic: Anthropic Prepares Supervoting Power for Founders as it Readies for Mega-IPOBoard: Dario Amodei, Daniela Amodei (President, Dario's sister), Yasmin Razavi (VC, crypto and prediction market investor), Reed Hastings (Netflix), Chris Liddell (ex Trump WH Deputy Secretary), and Vas Narasimhan (Novartis) - zero “public benefit” (or even public safety) peoplePublic Benefit Corporation: “A benefit corporation's directors and officers operate the business with the same authority and behavior as in a traditional corporation, but are required to consider the impact of their decisions not only on shareholders but also on employees, customers, the community, and the local and global environment”What is the impact of supervoting shares? AI on society? AI on the environment? Who on this board is even remotely qualified to answer those questions?Paul AtkinsExhausting and perpetual gaslightingSEC says it will stop responding to no-action requests ‘entirely'In order to focus Division resources on the review of Securities Act and Exchange Act filings, including those reviews that are statutorily required, for the protection of investors and facilitation of capital formation, and in light of the extensive body of guidance from the Commission and the staff available to both companies and proponents on Rule 14a-8, the Division has determined to discontinue responding to Rule 14a-8 no-action requests entirely, including those submitted under Rule 14a-8(i)(1),[2] effective immediately, unless and until the Division announces otherwise. It also will no longer respond to notices filed under Rule 14a-8(j) with a letter indicating that it will not object if a company omits a proposal from its proxy materials.From the 1934 House Report about the importance of Rule 14a-8: “Fair corporate suffrage is an important right that should attach to every equity security bought on a public exchange.”“Managements of properties owned by the investing public should not be permitted to perpetuate themselves by the misuse of corporate proxies. Insiders having little or no substantial interest in the properties they manage have often retained their control without an adequate disclosure of their interest and without an adequate explanation of the management policies they intend to pursue. Insiders have at times solicited proxies without fairly informing the stockholders of the purposes for which the proxies are to be used and have used such proxies to take from the stockholders for their own selfish advantage valuable property rights. Inasmuch as only the exchanges make it possible for securities to be widely distributed among the investing public, it follows as a corollary that the use of the exchanges should involve a corresponding duty of according to shareholders fair suffrage. For this reason the proposed bill gives the . . . Commission power to control the conditions under which proxies may be solicited with a view to preventing the recurrence of abuses which have frustrated the free exercise of the voting rights of stockholders.Investors Slam SEC Plan to Remove Best-Price RuleAtkins also is listening to the crypto bros who want to offer “tokenized securities” off exchanges and is hoping to eliminate a really basic rule that says “investors are entitled to the best price available for stocks they buy”Separately, DOJ Withdraws Antitrust Guidance for Proxy Advisory Industry - no antitrust protections for ISS (good!) but still can't do anything about the socialist NFL, MLB, NHL, NBA (bad!)Headliniest of the WeekDR: Popular breakfast chain closes half its restaurantsDR: The man leading Trump's RTO charge for government workers says he filmed a video in front of a blank wall to avoid work-from-home suspicionOffice of Personnel Management (OPM) Director Scott Kupor, the key driver of President Donald Trump's return-to-office agenda, admitted in a hot mic moment that he intentionally filmed a video in front of a blank wall while he was working from home so he wouldn't get blowback over working at home.“I was in my bedroom, but I was trying to find—because I knew someone was going to give me shit if like, they knew, ‘You were out of the office.' …I was trying to find something that was not recognizable as being in my house, basically. So I was just trying to find a plain corner with a white wall, which was not that easy to find.”Kupor was the first employee hired by Andreessen and Horowitz's venture capital firm, Andreessen Horowitz.MM: Flock Says It's “Taking a Break” From Responding to Media RequestsMM: Eric Schmidt is selling his superyachtWho is this headline for? Billionaire yacht buyers? Poor people who hate billionaires with yachts?Who Won the Week?DR: The women at L3Harris Shared Concerns About CEO's Behavior Years Before OusterMM: Joshua Ramer, the CEO at PeopleReturn (one of the last vestiges of diversity data in the US), whose newsletter today did the most Free Float thing I've seen anyone other than us do: they tracked a single Getty Image across SIX different company reportsThe image was called 1325876463 “Young Boy Leaping Into Father Arms In Playground”, mostly for sustainability reports because it's brown peopleThey found it in Danaher, Crown Castle, TD, Capital One, CSL Plasma, and Toyota EuropePredictionsDR: The meritocro-mano-sphere-o hires Christopher Kubasik again without any push back from anything or anyoneMM: We decide that, since everyone is trying to make companies immune from climate change lawsuits, that we just make CEOs personally immune for any behavior

Ari Paparo and guest co-host Paul Knegten sit down with Jack Raines, author of Young Money, to discuss how viral LinkedIn posts, humor, and attention-driven marketing helped him build a 61,000-subscriber newsletter, land a book deal, and create a personal brand. The episode also covers OpenAI, WPP, Walmart Connect, Taboola, Google's AI advertising strategy, LiveRamp, and Higgsfield. Takeaways: Jack Raines turned provocative LinkedIn posts into a subscriber acquisition engine for his newsletter. Authentic personality and calculated controversy can generate attention, but the product still needs to deliver. Free content can create indirect value through book sales, consulting opportunities, and deal flow. Making a product or brand easy and fun to share can create an organic marketing flywheel. The episode also explores major developments across AI, retail media, ad tech, and the open web. Chapters:00:00 Introduction with Ari Paparo and Paul Knegten02:20 Meet Jack Raines, Author of Young Money04:02 Turning LinkedIn Trolling Into a Growth Strategy07:23 The Viral Hotel Breakfast Post10:32 Is Shitposting a Real Marketing Strategy?13:16 Knowing Where to Draw the Line14:38 From Viral Posts to Newsletter, VC, and a Book Deal18:00 Writing and Marketing Young Money24:23 Building Buzz Around a Book Launch27:03 The Marketing Lessons Behind Jack's Strategy29:17 What Brands Can Learn From Internet Personalities31:47 OpenAI Leadership Shakeup33:55 WPP Rebate Fraud Allegations37:31 Walmart Connect's Advertising Growth40:55 Teads, Taboola, and NBCUniversal44:56 Are Ad Networks Making a Comeback?45:01 Google's AI-Powered Advertising Strategy47:44 LiveRamp Deal and Executive Pay51:47 Higgsfield and the Future of AI Video Advertising54:04 Closing Guests: Ari Paparo, Jack Raines, Paul Knegten Learn more about your ad choices. Visit megaphone.fm/adchoices

In This Episode Of Business Lunch: We tackle a question every founder faces: do you build your business for cash flow now or for a big exit later, and can one company really do both? They dig into why bootstrapped owners have far more options than funded ones, how cash left sitting in a company quietly turns into bloat, and how to pay yourself regular distributions without hurting a future sale.Chapters:0:00 Cold open0:36 Welcome and where this question came from0:55 Can one business deliver both cash flow and a big exit1:57 The path VC funding locks you into3:45 Why bootstrapped owners have more flexibility9:19 How cash left in the company creates bloat11:35 The cash flow waterfall and budgeting for distributions12:34 How VC backing changes the exit itself14:06 Building reserves for refunds and emergencies16:20 Regular distributions or waiting for the big exit18:54 Wrap upListen to Business Lunch:Apple Podcasts: https://podcasts.apple.com/us/podcast/business-lunch/id1442654104Spotify: https://open.spotify.com/show/0iWSA89TaD263zhXETdSvZConnect with Roland Frasier:Instagram: https://www.instagram.com/rolandfrasier/LinkedIn: https://www.linkedin.com/in/rolandfrasier/TikTok: https://www.tiktok.com/@rolandfrasierFacebook: https://www.facebook.com/RolandFrasierPage/Everything else: https://msha.ke/rolandfrasier/Connect with Ryan Deiss:Instagram: https://www.instagram.com/ryandeiss/LinkedIn: https://www.linkedin.com/in/ryandeiss/X: https://x.com/ryandeissSite: https://www.scalable.co

In this episode of Better Call Daddy, host Reena Friedman Watts sits down with Kiko Zang, business executive, tech founder, and opinion leader building human-centric consumer products. Kiko is the Founder & CEO of Chomp, a social game that rewards honesty instead of punishing it and she's on a mission to fix what she calls the "performative internet." Kiko opens up about her path from boarding school in China to New Zealand and the United States, the anti-authoritarian streak she carried as a kid, and the long road to understanding her own identity across cultures. The conversation gets candid as she discusses her experience with open relationships and how it reshaped her views on love, trust, kindness, and loyalty then turns to the bigger picture: why social media rewards performance over authenticity, why women in particular self-censor online, and why honest human belief may be the scarcest, most valuable data in the age of AI. Kiko also shares her founder journey from COO at Orca (one of Solana's largest decentralized exchanges, where she helped raise $19M and grow the platform to $1B+ in 24-hour trading volume) to building Chomp, which drew 50,000 beta users sharing millions of honest answers and raised $3.6M from backers including BlueYard, JSquare, and Accomplice placing her among the 2% of female-led startups to raise venture capital. Chomp launches on iOS in 2026. Equal parts personal memoir and founder story, this episode covers identity, relationships, resilience, the loneliness epidemic, the funding gap for female founders, and what it takes to build something real in a "dead internet" full of bots and AI slop. Keywords: Kiko Zang, boarding school identity, open relationships podcast, cultural identity, female tech founder, women in venture capital, social media and authenticity, dead internet theory, Chomp app, Solana Orca DEX, honest opinions app, read the room, loneliness epidemic, Better Call Daddy podcast, Reena Friedman Watts

1956 年夏天，一群年轻研究者聚在美国东北部的达特茅斯学院，他们原本想用几周时间，解决「如何创造一台思考机器」的问题，但聚会很快丢掉了日程表：有人只来几天，教室里最多的时候只有八个人，最后也没有形成明确共识。这样一场看似松散、甚至没有明确成果的聚会，为什么后来被公认为为「人工智能」（ Artificial Intelligence ）的起点？ 在持续约八周的讨论中，符号主义、神经网络与概率推理等日后彼此竞争了几十年的方向同时留下了种子。参与者带走的，或许并不是关于人工智能的统一答案，而是在碰撞中被激发之后，沿着不同道路继续探索的动力。 这一期节目，我们邀请清华大学经济管理学院教授、曾任清华大学副校长和教务长的杨斌，从七十年前的「达特茅斯的夏天」出发，讨论他所说的「慢聚漫奏」：为什么原始创新常常生长在学科边缘、非主流人群和不追求即时产出的时间里？当 AI 的发展越来越强调速度、效率与确定性，我们还能否为那些尚未被看见的可能性，留一点空间？ 本期人物 杨斌，清华大学校务委员会副主任，经济管理学院教授、领导力研究中心主任，清华大学可持续社会价值研究院院长 徐涛，声动活泼联合创始人 主要话题 [02:52]「达夏」的起点：1955年，麦卡锡等人发起一场「慢聚漫奏」 [10:42] 研讨会变「流水席」：关于AI，没有明确共识，但有很多可能性 [14:44] 符号主义、神经网络与概率推理，当年埋下了哪些AI种子？ [20:15] 远离主流：达特茅斯如何成为容纳异质想法的「边域」？ [23:10] 从芝加哥大学到早期硅谷，人类群星闪耀因何而闪耀？ [31:55] 心理安全、智力密度与价值共识：一场「慢聚漫奏」需要什么条件？ [36:31] 涌现与效率的张力：创新能被组织自上而下地「培养」吗？ [44:19] 与其「容错」，不如容纳差异：怎样让创新想法免于被扼杀？ [45:25] 攀岩界的「达夏」：一群主流之外的人，如何开创现代攀岩生活方式？ [54:42] 教育界的「达夏」：怎样为不同的个体成长留出空间？ [58:01] AI 冲击下的大学：人才培养、科研与成果转化的三重挑战 [01:10:54] 拥抱多元：创造我们自己的「达夏」时刻 延伸解读 John McCarthy、Marvin Minsky、Nathaniel Rochester、Claude Shannon，1955： A Proposal for the Dartmouth Summer Research Project on Artificial Intelligence Ray Solomonoff 档案整理： Ray Solomonoff and the Dartmouth Summer 也可以在小红书账号「徐涛-声东击西」看到更多相关内容和幕后 给声东击西投稿 「声东击西」一直在寻找来自不同社会和群体的真实声音。我们曾经采访过为特朗普竞选生产 MAGA 帽子的中国制造商、记录过七位在美国大选中经历起伏的华人个体，也讲述了委内瑞拉青年的故事。 如果你也有一些特别的经历、观察或想法，不论是亲身体验的故事，还是你在某个行业、社区中的所见所闻，都欢迎你向我们投稿。 你的声音可能出现在未来的节目当中，我们非常期待你的分享！ 投稿入口 加入我们 声动活泼团队目前正在招聘内容监制、商业运营经理、商业发展经理和实习生，如果你也对播客行业的内容制作和商务运营感兴趣，欢迎投递！ 详情点击招聘入口：加入声动活泼（在招职位速览） 幕后制作 后期：赛德 运营：George 设计：饭团 实习编辑：翔宇、怡然 商务合作 声动活泼商业化小队，点击链接可直达商务会客厅，也可发送邮件至 business@shengfm.cn 联系我们。 关于声动活泼 「用声音碰撞世界」，声动活泼致力于为人们提供源源不断的思考养料。 我们还有这些播客：声东击西、What's Next｜科技早知道、商业WHY酱、跳进兔子洞&跳进兔子洞第三季、吃喝玩乐了不起、不止金钱、泡腾 VC、反潮流俱乐部 欢迎在即刻、微博等社交媒体上与我们互动，搜索声动活泼即可找到我们。 也欢迎你写邮件和我们联系，邮箱地址是：ting@sheng.fm 获取更多和声动活泼有关的讯息，你也可以扫码添加声小音，在节目之外和我们保持联系！ Special Guest: 杨斌.

Live August 18, 2026  | Yaron Brook Show(Season 12 - Episode 138)Tariffs; Meta; ABC; Russia; Economy; China AI; Publishing; Antitrust; Achievements| Yaron Brook ShowWatch Now: https://www.youtube.com/live/_8rd9pSE4r0"Trump just used a Great Depression-era tariff law to tax our closest ally 50% — on the trade deal he negotiated himself. Is economic self-harm now the plan?"Trump just invoked Smoot-Hawley-era authority to hit Canada with 50% tariffs — an ally, not an enemy, retaliating against tariffs we started. Nobody wins. Everybody pays.Today: Meta faces a $1 trillion lawsuit trying to make it liable for your kid's phone habits. ABC sues the FCC and I'm fully on their side. A Russian court just gave an opposition politician 11 years for a tweet — still think Putin's the good guy? The debt hit $40 trillion early, 30-year yields are at 2007 levels, and nobody in DC will say "spending cuts." Plus China's AI, a wild antitrust probe into a16z, and the best-hidden good news of the year: crime and even NYC rats are falling.Timestamps: 1:50 – Trump's 50% Canada tariffs: has a tariff threat ever worked? 9:54 – Should Canada just quit negotiating and go free trade? 13:08 – Meta's $1 trillion lawsuit: who's really responsible for kids' phones? 21:54 – ABC vs. FCC: is Carr running a First Amendment shakedown? 24:47 – Russia jails a politician for 11 years over a tweet 35:15 – Debt hits $40T early — what happens when interest beats the Pentagon budget? 50:24 – Only 13% of fund managers beat the market — so why pay them? 1:00:48 – DOJ antitrust probe hits Trump's own VC allies 1:06:56 – Crime is at generational lows — so why does everyone think it's chaos?

In this episode, we sit down with Marshall Sandman, founder and Managing Partner of Animal Capital, a seed-stage venture firm whose first fund backed four unicorns and ranked in the top 1% of its vintage.We discuss how Marshall built a venture firm backed by some of the world's most recognizable celebrities and entrepreneurs, the reality of raising a fund in a down market, why most founders should bootstrap instead of raising venture capital, what separates venture capitalists from asset managers, and why he believes today's AI market is overhyped.If you're interested in venture capital, startups, fundraising, investing, AI, or understanding how top-performing venture firms are built, this episode is for you.This episode is supported by Sydecar, HEX, Wispr Flow, Granola, Beehiiv, KalshiSydecar: https://sydecar.io/partners/trailblazersbeehiiv: https://www.beehiiv.com/splash?utm_campaign=trailblazers-2026-Partnership&utm_medium=podcast&utm_source=trailblazers&utm_term=podcast-11&stripe_campaign_code=TRAILBLAZERS30 (or use code “trailblazers30” for 30% OFF)Granola: http://granola.ai/trailblazers *Granola is the official notetaker of Trailblazers. Check out the episode shownotes here: https://notes.granola.ai/t/dff2aba0-4c29-498b-a4e0-2afd6b66c6e1-00b881l8Kalshi: http://Kalshi.com/r/trailblazersWispr Flow: https://ref.wisprflow.ai/trailblazersHEX: http://hex.ai/trailblazers

Most founders think you need a $250,000 VC check to get funded, but angel investors will write you a check for $5,000, actually get to know you, and stick around as a mentor long after the money lands.In this episode, Chris, the new director of 412 Angels, explains the real difference between angel investors and VCs, why founders should start building investor relationships long before they need the money, the most overrated (and underrated) traits he sees in early-stage founders, and what's next for 412 Angels — including plans to launch a fund and lead their own deals.In this episode:✅ The real difference between angel investors and venture capital✅ When founders should start reaching out to investors (hint: earlier than you think)✅ Where to actually meet investors in Northwest Arkansas✅ The most overrated trait in early-stage founders✅ Chris's advice to his younger, first-time-founder self⏱️ CHAPTERS00:00 – Why 90% of a founder's job is networking 00:21 – Meet Chris Ehrhardt, back after 10 years01:24 – From Germany to Arkansas: Chris's origin story 02:23 – Building a startup and moving to Canada on a startup visa 05:22 – What is 412 Angels? 06:28 – Why keeping funding local matters for founders 08:20 – Angel investors vs. venture capitalists 10:24 – When founders should start talking to investors 11:51 – Where to actually meet investors in NWA 14:21 – The most overrated trait in early-stage founders 15:36 – The most underrated trait: coachability 18:09 – How 412 Angels pays it forward 19:50 – What's next for 412 Angels 22:53 – Advice to his younger self 25:26 – Where to find Chris and 412 Angels—Connect with Chris & 412 Angels

Grace Belangia didn't build her startup ecosystem in Silicon Valley. She built it in Augusta, Georgia, a city with medical, military, and energy communities but no established tech community. On Getting Rich Together, host Syama Bunten talks with the cofounder and executive board member of Make Startups about her path from writing angel checks on her own to becoming an LP in a VC fund. Grace traces her money instincts back to her mother, an immigrant who taught her that saving and investing are two different things. That lesson followed her into a research role at a private equity firm in her twenties, where she saw firsthand how the investment world worked and started learning how capital actually moves. She talks through how she learned to angel invest through Pipeline Angels, what it took to learn the space through a six-month investing cohort, and why she eventually expanded from direct angel investing into funds run by managers she trusts. She also explains economic mobility through entrepreneurship and the philosophy she calls reserve and deploy. If angel investing for women feels out of reach, or you're curious about what it takes to become an LP in a venture capital fund, this conversation lays out the real path Grace took. Press play, then find a salon near you or grab a seat at the Wealth Catalyst Summit in San Francisco on October 16 at wealthcatalyst.com.   Episode Breakdown: 00:00 Grace Belangia's Childhood in LA and Palo Alto 05:12 High School Years and Early Community Building 07:43 College, Political Science, and Career Uncertainty 10:49 Learning Finance Inside a Private Equity Research Desk 14:44 Marriage, the Navy, and the Move to Georgia 20:10 Founding a Startup Ecosystem in Augusta 23:07 Learning to Angel Invest Through Pipeline Angels 29:20 How Grace Became an LP in a VC Fund 33:39 Reserve and Deploy, Grace's Investing Philosophy 38:04 Economic Mobility, Legacy, and Building the Bridge   Find more from Syama Bunten: Your money story may be shaping your financial life more than you realize. After hundreds of conversations with women at all stages of their financial lives, Syama distilled the questions that helped her understand her own patterns into The Money Story Reset, a free guide featuring five guided reflections and personal stories from her journey. Download The Money Story Reset and begin uncovering the beliefs behind your financial decisions.   Attend a Salon near you: wealthcatalyst.com/salons Instagram: https://www.instagram.com/syama.co/ Join Syama's Substack: https://thewealthcatalystwithsyama.substack.com/ Website: https://wealthcatalyst.com Download Syama's Free Resources: https://wealthcatalyst.com/resources Wealth Catalyst Summit: https://wealthcatalyst.com/summits Speaking: https://syamabunten.com Big Delta Capital: www.bigdeltacapital.com Podcast production and show notes provided by HiveCast.fm  

S5:E264 David reviews the past week in venture and tees up Wednesday's E265 when Paul joins in a discussion of a significant milestone notched by VentureSouth, an Angel Group focused on the Southeastern Startup Ecosystem. They reached the $100M threshold of deployed capital, joining just 10 other North American Angel Groups that have reached that metric. And in the VC world, only 10% of VC funds are in this club. We'll be discussing what this means, how VS achieved that goal and review the other 10 Angel Groups that have reached the $100M threshold. (recorded 8.16.26)Support the showFollow David on X at https://x.com/DGRollingSouthConnect On LinkedIn with David at https://www.linkedin.com/in/davidgrisell/Follow Paul on X at https://x.com/PalmettoAngelConnect On LinkedIn with Paul athttps://www.linkedin.com/in/paulclarkprivateequity/We invite your feedback and suggestions at www.ventureinthesouth.com or email david@ventureinthesouth.com.

Ian Silber is the head of product design at OpenAI, where he has led the design of ChatGPT, Codex, and all of OpenAI's product experience for the past three years. Before OpenAI, he was at Artifact, the AI-powered news app built by the founders of Instagram. Prior to that, he spent eight years at Instagram, where he worked on products including Reels. Ian is one of the most consequential designers working in AI today, and he takes us inside how OpenAI designs ChatGPT, Codex, and the future of how we will interact with AI.In our in-depth conversation, we discuss:1. Why Ian believes this is the best time in history to be a product designer2. Why engineers 10x'd with AI but design teams haven't3. What OpenAI looks for when hiring designers4. “Just do less”: Ian's counterintuitive advice to his designers5. The future of ChatGPT as a super app6. Where humans still win: user understanding, invention, and point of view—Brought to you by:WorkOS—Make your app enterprise-ready, with SSO, SCIM, RBAC, and moreMercury—Radically different banking, now with Command—Where to find Ian Silber:• X: https://x.com/iansilber• LinkedIn: https://www.linkedin.com/in/iansilber• Website: https://iansilber.com—Where to find Lenny:• Newsletter: https://www.lennysnewsletter.com• X: https://twitter.com/lennysan• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/—In this episode, we cover:(00:00) Introduction to Ian Silber(02:14) Why designers in general feel anxious about AI(09:01) What makes specific designers thrive in the AI era(13:41) Why Ian says it's the best time in history to be a designer(17:13) How product roles are converging(22:24) Can AI design great products?(23:54) Where human judgment still matters(27:34) What Ian looks for when hiring designers(30:20) Why systems thinking matters(32:53) Balancing speed and craft(38:05) Designing for vastly different audiences(41:57) Solving the blank-box problem(43:31) How ChatGPT is evolving beyond chat(46:07) The vision for Codex(49:07) What Ian wishes he knew on day one(51:40) Why humility matters in AI(53:41) Advice for designers who are feeling overwhelmed(55:16) AI corner(57:43) Failure corner(01:00:45) Lightning round and final thoughts(01:05:52) Lessons from Groupon—Referenced:• OpenAI: https://openai.com• How tech workers are feeling in 2026: a workforce splitting in two: https://www.lennysnewsletter.com/p/how-tech-workers-are-feeling-in-2026• Marc Andreessen: The real AI boom hasn't even started yet: https://www.lennysnewsletter.com/p/marc-andreessen-the-real-ai-boom• 3 Spiderman Pointing meme template: https://www.kapwing.com/explore/3-spiderman-pointing-meme-template• OpenAI Codex lead on the new shape of product work | Andrew Ambrosino: https://www.lennysnewsletter.com/p/openai-codex-lead-on-the-new-shape• Notion: https://www.notion.com• The design process is dead. Here's what's replacing it. | Jenny Wen (head of design at Claude): https://www.lennysnewsletter.com/p/the-design-process-is-dead• Joel Lewenstein on LinkedIn: https://www.linkedin.com/in/joel-lewenstein• Anthropic's CPO on what comes next | Mike Krieger (co-founder of Instagram): https://www.lennysnewsletter.com/p/anthropics-cpo-heres-what-comes-next• ChatGPT Work: https://openai.com/chatgpt-work• OpenAI's CPO on how AI changes must-have skills, moats, coding, startup playbooks, more | Kevin Weil (CPO at OpenAI, ex-Instagram, Twitter): https://www.lennysnewsletter.com/p/kevin-weil-open-ai• Please Stop the AI Confidence Theater: https://www.elenaverna.com/p/please-stop-the-ai-confidence-theater• The new AI growth playbook for 2026: How Lovable hit $200M ARR in one year | Elena Verna (Head of Growth): https://www.lennysnewsletter.com/p/the-new-ai-growth-playbook-for-2026-elena-verna• Maybe Happy Ending: https://www.maybehappyending.com• The Invite: https://www.imdb.com/title/tt14173636• Rivian: https://rivian.com• Waymo: https://waymo.com• Groupon: https://www.groupon.com• How a VC and a tech founder used AI to launch a brick-and-mortar business in their spare time | Andrew Mason (CEO of Descript) and Nabeel Hyatt (General Partner at Spark Capital): https://www.lennysnewsletter.com/p/how-a-vc-and-a-tech-founder-used• Andrew Mason on X: https://x.com/andrewmason• Kevin Systrom on LinkedIn: https://www.linkedin.com/in/kevinsystrom• Sam Altman on X: https://x.com/sama—Recommended book:• The Design of Everyday Things: https://www.amazon.com/dp/0465050654—Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.—Lenny may be an investor in the companies discussed. To hear more, visit www.lennysnewsletter.com

Canciones de Carlinhos Brown, presentadas con la Orquestra Ouro Preto en la Concha Acústica del Teatro Castro Alves de Salvador de Bahía, el pasado 18 de octubre, recogidas en los dos volúmenes del disco 'Afrossinfonicidade ao vivo': 'Segue o seco', 'Frases ventias', 'Dois grudados', 'Argila', 'Maria de verdade', 'Magamalabares', 'Seo Zé', 'Vc, o amor e eu', 'Vilarejo', 'Velha infância' y 'Já sei namorar'.  Escuchar audio

去年12月，澳大利亚实施全球首个针对16岁以下未成年人的社交媒体禁令，此后不久，法国、英国、西班牙等更多国家便相继跟进。但反对者的声音也随之而来。他们认为禁令本身难以执行、年龄划分过于一刀切，更关键的是，科学尚未证明社交媒体与青少年心理问题之间存在明确的因果关系。然而，这些反对的理由真的成立吗？ 今年3月，社交媒体迎来「大烟草时刻」。被视为风向标的 K.G.M. v. Meta et al. 一案迎来判决，Instagram 和 YouTube 被认定在产品设计上存在过失，无限滚动、自动播放视频等功能被认定对青少年原告造成了伤害。这一判决撬动了自 1996 年的《美国通信规范法》第 230 条款出台以来平台免责的边界，平台再也无法声称自己只是一个「中立的工具」。 这一期节目，我们和老朋友方可成老师一起，从围绕禁令的一系列反对意见出发，聊聊社交媒体平台如何通过不断游说和制造怀疑来规避监管责任，K.G.M. 案的律师团们又是通过怎样的策略转变，压实了平台的主体责任。 本期人物 方可成，香港中文大学新闻与传播学院副教授 徐涛，声动活泼联合创始人 主要话题 [00:48] 监管转折点：澳、英、法等多国出台青少年社媒使用禁令 [05:17] 无定论、有益处、一刀切、执行难：反对禁令的理由真的成立吗？ [20:54]从通信法案到 Facebook 吹哨人：平台还能说自己是「中立的工具」吗？ [25:40]从「有害内容」到「缺陷产品」：律师团如何改变诉讼策略 [34:38]社交媒体的大烟草时刻：K.G.M. v. Meta et al. 一案平台败诉 [36:08]社媒如烟草：成瘾、心理健康风险、虚假信息与隐私侵犯 [40:52]Doubt is your product：社媒平台如何通过游说与信息操纵建构利己叙事 [58:39]中文世界的社交媒体监管同样需要重视 延伸解读 [25:40]Meta 内部研究汇编，由纽约大学斯特恩商学院科技与社会实验室，收集并总结了 Meta 进行的所有可用内部研究报告中关于其产品——尤其是 Instagram——是否对年轻人造成伤害的问题的相关报告。这些报告来自两个主要来源：公司吹哨人，以及由各州总检察长提起诉讼时在调查过程中获得的文件。 [45:42]电影：《惊曝内幕 The Insider》 [56:45]美国多州总检察长起诉 Meta 的起诉书 [34:38]大烟草时刻A court just ruled that tech addiction is real—and dangerous. It could be Meta and YouTube's Big Tobacco moment 也可以在小红书账号「徐涛-声东击西」看到更多相关内容和幕后 给声东击西投稿 「声东击西」一直在寻找来自不同社会和群体的真实声音。我们曾经采访过为特朗普竞选生产 MAGA 帽子的中国制造商、记录过七位在美国大选中经历起伏的华人个体，也讲述了委内瑞拉青年的故事。 如果你也有一些特别的经历、观察或想法，不论是亲身体验的故事，还是你在某个行业、社区中的所见所闻，都欢迎你向我们投稿。 你的声音可能出现在未来的节目当中，我们非常期待你的分享！ 投稿入口 加入我们 声动活泼团队目前正在招聘内容监制、商业运营经理、商业发展经理和实习生，如果你也对播客行业的内容制作和商务运营感兴趣，欢迎投递！ 详情点击招聘入口：加入声动活泼（在招职位速览） 幕后制作 后期：赛德 运营：George 设计：饭团 实习编辑：翔宇、怡然 商务合作 声动活泼商业化小队，点击链接可直达商务会客厅，也可发送邮件至 business@shengfm.cn 联系我们。 关于声动活泼 「用声音碰撞世界」，声动活泼致力于为人们提供源源不断的思考养料。 我们还有这些播客：声东击西、What's Next｜科技早知道、商业WHY酱、跳进兔子洞&跳进兔子洞第三季、吃喝玩乐了不起、不止金钱、泡腾 VC、反潮流俱乐部 欢迎在即刻、微博等社交媒体上与我们互动，搜索声动活泼即可找到我们。 也欢迎你写邮件和我们联系，邮箱地址是：ting@sheng.fm 获取更多和声动活泼有关的讯息，你也可以扫码添加声小音，在节目之外和我们保持联系！ Special Guest: 方可成.

Brandon Fix is a Division General Manager at Renuity Home, where he leads one of the company's largest operating divisions. A former U.S. Air Force Special Tactics Officer, he brings a systems-driven approach to leadership, translating military decision-making, operational discipline, and team development into managing complex businesses and P&Ls.Topics:Why Special Ops Make Elite OperatorsThe Military-to-P&L Mental ModelBuilding a Sales Org That ScalesWhat Servant Leadership Means...and so much more.Top TakeawaysGreat operators see people behind every line item. Brandon doesn't treat a P&L as a spreadsheet to optimize. According to his military-to-P&L mental model, marketing is intelligence, sales are the first team into the field, operations deliver the mission, and support functions enable execution. When conversion drops, he looks at sales leadership before the sales report. When marketing underperforms, he asks whether the team has the right intelligence. Financial performance to him is the outcome of how well those teams are led.At scale, your biggest lever is talent. As Brandon's organization grew to a 1,000-person, $350M division, he couldn't be everywhere at once. His job shifted from solving problems to making sure the right leaders were solving them. That meant hiring leaders who can operate independently, coaching them well, and making tough people decisions before small leadership gaps become big operational problems.Don't just build skills, learn to communicate them. Brandon believes his military experience gave him the leadership skills to run a business. But earning that opportunity required learning the language of finance, operations, and private equity so employers could connect his experience to the role. His advice: learn to translate your experience into the language of the role you're pursuing.About Renuity HomeRenuity Home is one of the largest home improvement platforms in the U.S., providing replacement windows, doors, bathrooms, kitchens, garages, closets, and other remodeling services through a family of national and regional brands. The company operates across 40 states, employs 1,000+ people, and has served over 300,000 homeowners, making it a notable example of building scale through acquisitions while preserving strong local operating brands.Investors & Operators is brought to you by 51 Labs51 Labs is a marketing agency for the lower middle market. We offer full-service digital marketing for PE, portfolio companies, IB, VC, hedge funds.Brand Identity, Marketing Strategy, Marketing & AGM Video, LinkedIn Strategy & Execution, Web Design & Development, Growth Support & more400+ videos100+ projects#1 content creator on LinkedIn in the lower middle market

In today's Tech3 from Moneycontrol, Infra.Market takes an unusual route to the public markets by merging with listed Shalimar Paints, while SBI Mutual Fund raises its stake in Urban Company. Meanwhile, Mirae Asset and Bluehill.VC add fresh capital to India's startup ecosystem, with AI, deeptech and advanced manufacturing in focus. Tamil Nadu announces over Rs 1 lakh crore in investment commitments, while Mamaearth parent Honasa Consumer reports a 119% jump in Q1 profit.

I chat with Abundance Party member Zack about reorienting his practice while grieving the loss of his father, covering when to raise rates versus focus on networking, why discovery call no-shows are becoming more common, using AI search tools to get found by ideal clients, and why personal relationships will always beat VC-backed platforms on referrals.    Sponsored by TherapyNotes®: Looking to switch EHRs? Try TherapyNotes® for 2 months free by using promo code ABUNDANT at therapynotes.com. Need help building and filling your practice? Check out the Abundance Party. For only $345, you'll get access to on-demand courses, trainings, scripts, templates, plus monthly group calls and 1:1 opportunities: https://www.abundancepracticebuilding.com/party   Your practice is full or nearly full, and you're miserable. Check out Limitless Practice. Waitlist members get early access before doors open to everyone else on August 17-21. Just 10 spots. Whatever's holding you back (getting off insurance panels, changing your niche, raising your rates, etc.), you'll get a personalized strategy to work through it, plus weekly group calls and monthly 1:1s with Allison: https://www.abundancepracticebuilding.com/limitlesswaitlist    Still struggling to explain what you do and who you help? My $27 Know Your Niche course helps you get crystal clear on your ideal client so your marketing finally clicks, your referrals improve, and growing your practice feels a whole lot easier: https://www.abundancepracticebuilding.com/niche 

This week on Swimming with Allocators, Earnest and Alexa welcome Kelli Fontaine of Cendana Capital, as she traces her path from journalism to data-driven venture investing and explains how her obsession with finding the truth shapes her work as an LP. She breaks down how Cendana builds and uses its data systems, why early-stage power laws and portfolio construction matter more than headline TVPIs, and how she balances hard data with judgment about GPs. Kelli challenges the idea that pre-seed always outperforms seed, shares why fund I and II managers are uniquely compelling, and explores trends like concentrated portfolios, deep tech, defense tech, AI-native founders, and secondaries. Also, Sidley emerging companies lawyer Michael Podolny explains that rapid growth and complexity in AI-driven startups are driving demand for globally sophisticated legal advice from day one, with a particular focus on repeat founders, control, and tax optimization through QSBS planning. Highlights from this week's conversation include: Kelli's Journalism Roots and Early Fascination with Data (0:29) Moving from Finance to Tech and Startups at RPX (2:42) Building Data Infrastructure and Dashboards at Sandana (7:07) What People Mean by the “Sandana Model” and Relationship Focus (10:31) Why Funds Ones and Twos Are Special and How GPs Evolve Over Time (15:09) Why Late-Stage AI and Mega Rounds Don't Replace Early Stage Alpha (19:30) Sponsor Segment: Sidley's Work With AI and Sophisticated Startups (21:16) Tax Optimization and QSBS Considerations for Founders and Investors (24:49) KPIs That Matter: Revenue, Customer Quality, and Go-To-Market (28:40) How Changing Graduation Rates Affect Fund One and Fund Two Diligence (30:24) How to Think About Founder Secondaries vs GP Secondaries (34:54) Portfolio Management, Write-Offs, and the Real Role of Acqui-Hires (37:13) Treating Venture Like Public and Private Equity Segments (Small vs Mega) (40:05) Frustrations With AI Hype, FOMO, and Public Perception of Tech (43:50) Closing Remarks and Reflections on Macro Conversation (45:39) Cendana Capital is a venture fund-of-funds focused on investing in seed-stage venture capital firms and partnering with managers at the earliest stages of company formation. The firm is one of the most active LPs dedicated to the seed ecosystem, with a focus on identifying and supporting differentiated early-stage venture managers. Learn more at www.cendanacapital.com. Sidley Austin LLP is a premier global law firm with a dedicated Venture Funds practice, advising top venture capital firms, institutional investors, and private equity sponsors on fund formation, investment structuring, and regulatory compliance. With deep expertise across private markets, Sidley provides strategic legal counsel to help funds scale effectively. Learn more at sidley.com. Swimming with Allocators is a podcast that dives into the intriguing world of Venture Capital from an LP (Limited Partner) perspective. Hosts Alexa Binns and Earnest Sweat are seasoned professionals who have donned various hats in the VC ecosystem. Each episode, we explore where the future opportunities lie in the VC landscape with insights from top LPs on their investment strategies and industry experts shedding light on emerging trends and technologies.  The information provided on this podcast does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this podcast are for general informational purposes only. Learn more about your ad choices. Visit megaphone.fm/adchoices

Matt Watson grew up in a trailer park in Oklahoma and worked flea markets with his dad from the age of five. At 22, he founded VinSolutions, a CRM for car dealerships. Eight years later, he sold it to AutoTrader for $150 million. He was 29 and the largest shareholder.Then he kept building. Stackify. At Capacity. And now Full Scale, a 350-person software company he chose to keep instead of sell.In this episode, Matt and I go deep on what actually happens after you go from nothing to generational wealth in your 20s. We talk about how the day the $150 million wire hit felt like, what surprised him most about having that kind of money, why more money more problems is absolutely the case, and why he started Stackify two months after his exit even though he could have stopped.We also get into the hard lessons he learned as a solo CEO in his 30s,  why he's simplifying his life at 45 after buying Ferraris and part of a private jet, and what he'd tell someone who thinks money is the answer to everything hard in their life. This is a conversation about what  happens after you make it. If you've ever wondered what's on the other side of the number you're chasing, this one's for you.___________(01:19) Trailer park to flea markets at 5 years old(03:37) Did he ever dream big(04:57) When it felt like a real business(07:45) Selling for $150 million at 29(07:59) Off the rollercoaster(08:46) Why the exit made life worse(11:32) What surprised him about money(12:28) Why friends stop inviting you over(13:03) Starting again two months later(13:51) Solo CEO, hard lessons(15:36) Being his own VC(16:42) Diagnosing ADHD at 40(20:02) His most important company(23:27) Startups are brain damage(28:21) Ferraris, a jet, letting go(30:03) The key to happinessShow notes:Find show notes of each episode on ProfitLed.fm. Connect with our host:Follow Melissa on LinkedIn where she shares stories & lessons from her founder journey weekly.Connect with Melissa at melissakwan.com and subscribe to  'your founder next door', Melissa's weekly newsletter on what it's like to build a company without an abundance of resources and friends in high places.Follow @themelissakwan on Instagram and YouTube where she shares short videos of business advice and other truth-bomb sound bites.This podcast was brought to you by eWebinar:Find out how you can turn pre-recorded videos into interactive experiences with chat so you can run your demos, onboarding calls, and training sessions on autopilot, 24/7, without being there. Hop into a demo at eWebinar.com, no salesperson required.

Follow me @samirkaji for my thoughts on the venture market, with a focus on the continued evolution of the VC landscape.Welcome back to another episode of Venture Unlocked, the podcast that takes you behind the scenes of the business of venture capital.In this episode, I sit down with Aditya Agarwal of South Park Commons (SPC) to trace his journey from being one of the earliest employees at Facebook, becoming CTO at Dropbox, and then the inspiration of creating South Park Commons from his living room. The firm just announced a $575MM IV, it's largest fund to date. We discuss his decision-making at key career forks including his learnings working with Mark Zuckerberg, the power of surrounding yourself with exceptional people, and the five founder traits SPC relentlessly optimizes for. We also covered what it means to invest at the -1 to zero stage, and his view on the current state of venture capital.Thanks for listening to another episode of Venture Unlocked. I hope you enjoyed this conversation with Aditya. If you'd like to get Venture Unlocked content straight to your inbox, go to ventureunlocked.substack.com and sign up, or head over to Apple Podcasts or Spotify and subscribe. Thanks again for listening.Aditya Agarwal is a General Partner at South Park Commons and a longtime technology leader and entrepreneur. He previously served as CTO and VP of Engineering at Dropbox, where he scaled the engineering organization from 25 to more than 1,000 people. Before Dropbox, Aditya was one of Facebook's earliest engineers, helping build foundational products including News Feed, Search, and Messenger before becoming the company's first Director of Product Engineering. Today, he invests in and advises early-stage startups, drawing on decades of experience building some of Silicon Valley's most influential technology companies.Topics in this conversation include:* Choosing Oracle Over Bridgewater (2:31)* First Impressions of Mark Zuckerberg and Early Facebook (6:02)* Lessons From Oracle on Talent Density and Bureaucracy (9:38)* Five Founder Traits SPC Looks For (13:14)* Growing the SPC Community and Early Angel Checks (22:33)* AI, ChatGPT, and Rethinking Fund Size (35:15)* Investing Ahead of the Curve in AI and Robotics (39:11)* Aiming for 5x Net Per Fund (41:04)* AI Compared to Railroads and Heavy Capex (46:07)* AI's High Usefulness Floor and Mass Adoption (49:10)* Concerns Around Hyperscaler Capex and Hiccups (52:01)* Closing Reflections and Takeaways (54:38)Follow me @SamirKaji and give me your insights and questions with the hashtag #ventureunlocked. If you'd like to be considered as a guest or have someone you'd like to hear from (GP or LP), drop me a direct message on X. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit ventureunlocked.substack.com

In this episode, we sit down with Polina Pompliano, founder of The Profile and author of Hidden Genius, where she studies the lives, habits, and minds of exceptional people.We discuss what drives some of the world's most successful people, how putting yourself out there creates unexpected opportunities, why flaws and insecurities can become an advantage, the role of vulnerability in storytelling, and how to use AI without letting it think for you.If you're interested in entrepreneurship, media, AI, storytelling, personal growth, or understanding what makes exceptional people different, this episode is for you.This episode is supported by Sydecar, HEX, Wispr Flow, Granola, Beehiiv, KalshiSydecar: https://sydecar.io/partners/trailblazersbeehiiv: https://www.beehiiv.com/splash?utm_campaign=trailblazers-2026-Partnership&utm_medium=podcast&utm_source=trailblazers&utm_term=podcast-1&stripe_campaign_code=TRAILBLAZERS30 (or use code “trailblazers30” for 30% OFF)*beehiiv has a major announcement coming July 16 - can't say more, but you won't want to miss it. RSVP here: https://www.beehiiv.com/summer-release-2026Granola: http://granola.ai/trailblazers *Granola is the official notetaker of Trailblazers! Check out the episode show notes here: https://notes.granola.ai/t/ed6c5333-9e78-42fe-850f-8910c833df7b-00b881l8Kalshi: http://Kalshi.com/r/trailblazersWispr Flow: https://ref.wisprflow.ai/trailblazersHEX: http://hex.ai/trailblazers

This January, four big AI × Pharma tools deals were announced at the huge JPM Pharma conference that takes over San Francisco every year. OpenAI-backed Chai Discovery (now worth $4B) was somehow at the heart despite being all of 2 years old. The Science team is proud to bring you the first podcast with cofounder Matt McPartlon and product lead Neil Patil to tell the full story! Editor's note: not to be confused with Chai AI, which was another top pod of ours.Pharma suddenly doing big AI tools dealsFor the non-pharma people, JPM is JP Morgan's annual conference for pharma deal-making that takes over San Francisco for a week in January with hundreds of side events, etc. It's a big thing. Tools deals for pharma are also a big (new) thing: companies that start as AI for Pharma usually end up building their own drug pipelines instead, and the reason is something like this: convincing pharma to use your tool requires proof that your tool works. Proof means good targets, maybe with good clinical validation. If you have that, then it's easier to raise money (with a known, if long path to commercialization) or sell (e.g payment in biobucks) for a specific target than it is to sell to lots of companies on a promise that it will work across their portfolios. The “we'll just partner / build our own drug” optionality proved to be the only good path up until January. What changed? In short, the tools got good enough for drug design teams to trust.Good-enough-to-trust unlocks the ability to scale discovery: get more, better candidates into the lab and animal trials faster. More screening for toxicity, better delivery, etc. This means that what you push to the clinic is more likely to succeed.Tools also unlock new capabilities: mechanisms that are very hard or impossible to develop using lab-based discovery. Designing an antibody that precisely triggers a very specific molecular cascade takes many years of trial and error. Designing bi-specific antibodies (that bind to two different proteins) is similarly difficult. Good design tools can unlock this.RJ: The fact that the quality of the model has jumped means you're enabling things you just plain couldn't do. So it's a step change. It's not an efficiency argument at all, or not so much.Matt: Yeah, exactly. It's kind of interesting, even for us — it took me a while to believe in the thesis, actually. I talked to Josh for months before Chai started... It's like, can I beat a mouse, and then can I do what mice can't do? And then how many levels of interaction can you just keep building on top of that?Everyone playing in the structural / binding space has an angle here, and some will be better than others, but Chai is pointing to a different unlock: getting good molecules right out of the gate (meaning they don't then need as much lab work) means that the iteration time is faster. This turns science into engineering: you can design your systems to reduce friction and hill climb towards one-shotting molecules all the way to the clinic.This, per-se, is not a new thesis: a16z articulated a version of this in 2020. What has changed is that structural models became binding models (how well doesn't this molecule bind to this molecule, aka “binding affinity). Binding models unlock design, which has been steadily improving. Chai's observation is that for engineering problems the best product tends to win, and good technology is a necessary but not sufficient condition. Photoshop for moleculesWith that in mind Chai has invested heavily in partnerships that allow them to learn from their Pharma counterparts. What is kind of cool about working so closely and supporting so many of these partners is we get to really learn about what is the stuff that would be helpful in research. So rather than doing research in a vacuum, based on what would hypothetically be cool, we're able to do informed research based on what our partners have just been organically asking us for help with.— Neil Patil, (Chai product lead)This means better UX, such as a molecule editor that is more like a CAD or graphics design program than a chatbot.Their approach has paid off: since June, Chai has announced three more major deals: Lilly, Novartis, argenx, plus an expansion of their Eli Lily program. This episode is too full of quotable moments for a short blog, so tune in to learn about * Why protein tokens have the highest downstream value of any token * Climbing levels of abstraction as models improve * How Pharma, VC, and research are all just portfolio optimization * How better tech changes the whole portfolio * How relentless focus on simplicity leads to scalePlus much more! This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.latent.space/subscribe

Silicon Valley was built on semiconductors, but for nearly two decades, venture capital shifted its attention towards software. Today, AI is changing that as the demand for compute, memory and networking explodes, hardware is once again at the centre of the industry's biggest bets. In this episode of TechSurge, host Michael Marks speaks with Lip-Bu Tan, CEO of Intel and one of the semiconductor industry's most influential investors and executives. The conversation traces Tan's journey from studying nuclear engineering at MIT to leading Cadence's turnaround, investing in more than 500 technology companies, and now steering Intel through one of the most significant transformations in its history.Tan shares his VC conviction on backing semiconductor startups when most venture investors favored software, and why he believes AI's next breakthroughs will come from advances in memory, packaging, photonics, cooling and high-speed connectivity. He also opens up on the leadership philosophy that defined his time at Cadence, where listening to customers and building a culture of responsiveness became the foundation of the company's revival.Wearing his CEO hat, Tan explains Intel's long-term strategy, why vertical integration still matters, how the company plans to reconnect with the startup ecosystem, and why missing another technology wave is not an option. Speaker Profiles and LinksLip-Bu Tan: CEO of Intel Corporation, Chairman of Walden International, Founding Managing Partner of Walden Catalyst Ventures LinkedIn: https://www.linkedin.com/in/lip-bu-tan-284a7846/celesta.vc bio link Intel ceo bio link Further reading and resourcesReuters – “Intel's new CEO plots overhaul of manufacturing and AI operations”https://www.reuters.com/technology/intels-new-ceo-plots-overhaul-manufacturing-ai-operations-2025-03-17/ Intel – https://www.intel.comCelesta Capital – https://www.celesta.vcSIA – “Global annual semiconductor sales increase 25.6% to $791.7 billion in 2025” – https://www.semiconductors.org/global-annual-semiconductor-sales-increase-25-6-to-791-7-billion-in-2025/Infercom – “What is an RDU? Reconfigurable Dataflow Unit” – https://infercom.ai/glossary/rdu/SemiconductorX – “Advanced Packaging: CoWoS, Foveros, EMIB, 3D IC” – https://semiconductorx.com/packaging-overview.htmlTWIML AI Podcast – “Dataflow Computing for AI Inference [Kunle Olukotun]” – https://twimlai.com/go/751Chapters:00:00- Introduction03:03- Lip-Bu Tan's Journey to Silicon Valley04:12- Betting on Semiconductors Before AI06:25- Why Hardware Matters Again07:35- Investing in Deep Tech09:31- Learning Through Boardrooms12:10- Building the Next Generation of AI Infrastructure17:03- The Cadence Turnaround19:03- Customer Obsession as a Leadership Strategy23:02- Rebuilding Intel26:03- AI's Next Bottlenecks30:32- Looking Ahead: The Future of Computing 

OnlyFans Investor & CEO of Architect Capital's James Sagan sits down with The Information's CEO and Editor-in-Chief Jessica Lessin for an exclusive interview about his 16% stake in platform, AI and more. The Information's Phoebe Liu talks to TITV Host Akash Pasricha about Nvidia's new Nemotron 3.5 Lightning open-source model release, Menlo Ventures' Matt Murphy about the VC landscape as Anthropic heads toward an IPO, and we get into the software sector's M&A environment with KeyBanc Capital Markets' Jackson Ader.Articles discussed on this episode: https://www.theinformation.com/articles/onlyfans-new-investor-reveals-financials-ipo-ambitions-rare-interviewhttps://www.theinformation.com/articles/nvidia-trying-develop-worlds-best-open-source-ai-modelsSubscribe: YouTube: https://www.youtube.com/@theinformation The Information: https://www.theinformation.com/subscribe_hSign up for the AI Agenda newsletter: https://www.theinformation.com/features/ai-agendaTITV airs weekdays on YouTube, X and LinkedIn at 10AM PT / 1PM ET. Or check us out wherever you get your podcasts.Follow us:X: https://x.com/theinformationIG: https://www.instagram.com/theinformation/TikTok: https://www.tiktok.com/@titv.theinformationLinkedIn: https://www.linkedin.com/company/theinformation/Chapters:00:00 - Introduction00:01 - Architect Capital Takes 16% Stake in OnlyFans00:29 - Nvidia Debuts Nemotron 3.5 Lightning00:38 - Menlo Ventures Raises $3B for AI00:49 - State of Software: SaaS M&A and Salesforce Shakeup

Airbnb stock had its best day ever Friday… because of car rentals, luggage storage, & Gigagedon.Robinhood is IPO-ing a VC fund with Y Combinator companies… it's super seedy (in a good way).Boxed wine sales rose 144% in the last 12 months… Luxury labels are slapping-the-bag.Plus, LinkedIn wants you to snitch on your buddies using AI… it's an Anti-Slop Button.$ABNB $HOOD $STZGrab your Tickets to the IPO Tour: Our In-Person OfferingSan Francisco 9/23: https://www.ticketmaster.com/event/1C0064AFB5F688BDBoston 10/14: https://tickets.citywinery.com/event/tboy-the-ipo-tour-in-person-offering-8cdhupSeattle 11/4 (21+): https://www.axs.com/events/1446394/the-best-one-yet-ticketsNEWSLETTER:https://tboypod.com/newsletter OUR 2ND SHOW:Want more business storytelling from us? Check our weekly deepdive show, The Best Idea Yet: The untold origin story of the products you're obsessed with. Listen for free to The Best Idea Yet: https://wondery.com/links/the-best-idea-yet/NEW LISTENERSFill out our 2 minute survey: https://qualtricsxm88y5r986q.qualtrics.com/jfe/form/SV_dp1FDYiJgt6lHy6GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Linkedin (Nick): https://www.linkedin.com/in/nicolas-martell/Linkedin (Jack): https://www.linkedin.com/in/jack-crivici-kramer/Anything else: https://tboypod.com/ About Us: The daily pop-biz news show making today's top stories your business. Formerly known as Robinhood Snacks, The Best One Yet is hosted by Jack Crivici-Kramer & Nick Martell. Hosted on Acast. See acast.com/privacy for more information.

In 1984, the Walt Disney Company was worth more dead than alive. Disney Animation — the heart of Walt's famous flywheel — had stagnated for years, bleeding away talent while corporate raiders circled, salivating over offers to sell off the film library to MGM and offload the parks to hotel operators. But what followed instead was the greatest turnaround in media history under Michael Eisner and Frank Wells. Beauty and the Beast. The Lion King. Broadway. Bringing the Disney Vault home on VHS and DVD. And the greatest media acquisition of all time — ESPN.And then... it all almost fell apart. Again. Euro Disney turned into a money pit. Boardroom and executive infighting ran rampant. Animation descended into a dumpster fire. (Remember Chicken Little? Us neither.) Comcast — Comcast!! — tried to steal the company via a hostile takeover. Out of the chaos, a new generation of Disney management emerged under Bob Iger to stage yet another epic comeback with Pixar, Marvel and Lucasfilm, creating the defining media empire of the 21st century…until the tech companies came along. Tune in for the ultimate Acquired thrill ride: Disney, Part II.Sponsors:Many thanks to our fantastic Fall '26 Season partners:SierraSentryWorkOSAnthropicLinks:Sign up for email updates, get our takeaways and research photos from each episode, and vote on future topics!The Official Acquired Meetup on Sept 17th with our friends at Sentry. Join us!The Acquired Disney Part II Companion PDFWorldly Partners' Multi-Decade Disney StudyAll episode sourcesCarve Outs:Warby Parker Transitions Extra ActiveMichael Arndt's Toy Story 3 Story PresentationThe Golden State ValkyriesMore Acquired:Get email updates and vote on future episodes!Join the SlackCheck out the latest swag in the ACQ Merch Store!00:00:00 Start00:00:50 Intro00:05:07 Disney in Chaos (1984)00:11:33 Eisner, Wells, Katzenberg Arrive (1984)00:24:30 Animation Renaissance & CAPS Tech (1989)00:37:33 Flywheel Extensions: Home Video, Retail & Broadway00:54:32 Challenges & ABC/ESPN Acquisition (1994-1995)01:05:55 ESPN: Disney's Accidental Goldmine01:21:26 Eisner's Decline & Save Disney Campaign (2001-2004)01:34:53 Comcast Hostile Takeover Bid (2004)01:41:58 Bob Iger's Vision & Pixar Acquisition (2005-2006)01:52:17 Pixar: From Lucasfilm to Steve Jobs (1979-1995)02:03:11 Toy Story, IPO & Eisner Conflict (1995)02:34:30 Disney Acquires Pixar (2006)02:46:37 Marvel & Lucasfilm Acquisitions (2009-2012)02:58:01 Streaming Pivot: Cord Cutting & BAMTech (2015)03:06:30 The Disney+ Strategy & FOX Acquisition (2017-2019)03:19:01 The Disney+ Launch, COVID, & Chapek's Tenure (2019-2022)03:42:15 Iger's Return, Challenges & Parks Revival (2022-2026)03:50:54 The Business Today: Parks & Streaming Focus03:59:22 Analysis: Disney+ Strategy & The New Media Landscape04:10:01 Analysis: Bull/Bear Cases04:21:20 Quintessence04:24:39 Carve-Outs + Outro‍Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.

Welcome to this week's episode of the PEBCAK Podcast!  We've got four amazing stories this week so sit back, relax, and keep being awesome!  Be sure to stick around for our Dad Joke of the Week. (DJOW) Follow us on Instagram @pebcakpodcast   Please share this podcast with someone you know!  It helps us grow the podcast and we really appreciate it!   Simple 6 signup link https://simple6.co/r/CFUR98   Telegram's App Store Scare Apple briefly yanked Telegram from the App Store after an extortionist planted AI-doctored illegal content in a public group by editing an old message, exploiting a blind spot in moderation visibility. https://x.com/durov/status/2084686326540996625 Telegram founder Pavel Durov revealed Apple pulled Telegram from the App Store overnight and restored it within hours, after an attacker identified as a "takedown extortionist" who demands ransom from group owners under threat of triggering platform bans used automated accounts to insert AI-modified illegal pornographic content by editing an old message in an active public chat, effectively backdating and hiding it from members' view/report tools; Durov argues Apple removed the app before contacting Telegram, exposing a systemic risk that any app with over a billion users hosting user-generated content could face sudden removal from coordinated reporting attacks, and warns other platforms may be less prepared than Telegram to detect these evolving tactics.   Black Hat 2026 Black Hat 2026 rolled out a dedicated AI Summit track and an even bigger startup floor — but ask the vendors a follow-up question and half of them read straight back off the slide. Chris Louie, Tyson Kindler, and Brian Weber clocked Black Hat 2026's floor as noticeably bigger than any pre-COVID year, with a new standalone AI Summit track (badge-visible attendees) and Chris estimating roughly 40-46% of startup names were unfamiliar to a 20-year industry veteran; the crew roasted booth reps who couldn't get past their slide deck when pressed ("tell me more" met with dead air), pivoted into DEF CON 34 deepfake territory, referencing last year's "real or AI-generated?" quiz booth that stumped a surprising number of attendees, and their own AI-manipulated group photo from Black Hat 2025   Enshitification of Vegas Check-In Vegas's cab lobby is apparently still out here physically rerouting Ubers — and yes, Cory Doctorow's favorite term made its annual appearance. In a recurring bit referencing Cory Doctorow (who coined "enshittification" and recently discussed platform decay on Jon Stewart's podcast), Chris described a traffic marshal at Mandalay Bay physically blocking his rideshare from a taxi-only pickup lane, forcing a 20-minute detour through an underground garage, while Uber/Lyft surge pricing hit $33-43 for trips that walk-up cabs covered for $10-13 during the same conference window; the group debated whether the taxi lobby's friction tactics (echoes of NYC's collapsed medallion cartel) count as fair pushback against rideshare, landing on the broader point that Uber, Lyft, and Airbnb, no longer VC-subsidized and now under pressure to actually turn a profit, quietly stopped being cheaper than the thing they set out to disrupt.   Vegas Bartenders Ditch the Free Pour Vegas bartenders have quietly swapped free-pouring for measuring cups this year The crew (including self-described 6-year bartending veteran Brian Weber) noticed nearly every bartender working on The Strip now measures pours with jiggers/measuring cups instead of the traditional four-count free pour by sight, time, or feel, chalking it up to corporate liability policy amid $20 cocktails and joking about inevitable "shrinkflation" via smaller cups; the tangent detoured into a plug for the Cocktail Party app, road-tested across 16 years of DEF CON parties as a "here's what I have, what can I make" tool, as the lower-effort alternative to repeatedly asking ChatGPT the same question.   Dad Joke of the Week (DJOW)   Find the hosts on LinkedIn: Chris - https://www.linkedin.com/in/chlouie/ Tyson - https://www.linkedin.com/in/tyson-kindler-910658101/ Brian - https://www.linkedin.com/in/brianweber1122/

Elliott Caldwell made $3.5 million in 2025. Without the strategy in this episode, he would have paid over $1 million in taxes. Instead, his bill was $160,000. Elliott is the CEO and co-founder of The Rise Collective, 13 businesses built starting from a single Airbnb tax loophole he found on YouTube in 2019. From BNB Turnkey (a done-for-you Airbnb investment service with a negative customer acquisition cost) to a nationwide property management company managing over 1,000 homes, he built all of it bootstrapped, with no private equity or VC money. In this episode we get into: - The short-term rental tax loophole that can wipe out your tax bill, and how much it actually saved him - Going from a $37,000 teaching salary to over $200,000 in his first year of sales - How a $220,000 tax bill in 2019 sent him down the rabbit hole that built his empire - Building 13 companies without a single acquisition, and how they all feed each other - Scaling ad spend without killing your pixel, and why he's in most of the ads himself - Why he protects a 9am to noon block every day, no meetings, no phone Subscribe for more real conversations with entrepreneurs building real businesses, and share this with someone who needs to hear it. Want the exact framework I use with business owners to unlock hidden profit and increase enterprise value? It's called the Value Clarity Roadmap, and it typically unlocks over $150,000 in profit. Comment ROADMAP and I'll send it to you personally. Connect with Elliott Caldwell: Website: https://elliottcaldwell.com/ Instagram: instagram.com/elliottcaldwell LinkedIn: https://www.linkedin.com/in/elliott-caldwell-85b234141 YouTube (Successful DNA): https://youtube.com/@elliottcaldwellpodcast Recorded at Elite Podcast Studio, Tampa Bay's premier podcast facility. Premium. Polished. Powerful. Website: elitepodcaststudio.com Email: hello@elitepodcaststudio.com Instagram: instagram.com/elitepodcaststudio YouTube: youtube.com/@ElitePodcastStudio Facebook: facebook.com/elitepodcaststudio LinkedIn: linkedin.com/company/elite-podcast-studio Everything about business. Nothing held back. All Business with Vince Perri is built for business owners who want straight talk about starting, scaling, and building something worth owning. New episodes every week. Subscribe and hit the bell so you never miss an episode. 00:00:00 - Introduction 00:02:00 - Life in Tarpon Springs & Family 00:05:22 - BNB Turnkey Explained 00:11:05 - Overcoming a Difficult Childhood 00:16:41 - Transitioning to High-Income Sales 00:23:52 - A $220k Tax Bill & Real Estate 00:28:49 - Building a Nationwide Management Company 00:35:43 - Scaling Without Outside Capital 00:40:02 - The 13 Businesses in The Rise Collective 00:48:03 - Leadership & Ad Strategies 00:53:01 - Managing $100M+ in Revenue 00:57:07 - Entrepreneurial Mindset & Mental Health 01:02:21 - Faith & Conclusion

“By operating in secrecy, they're able to avoid or evade accountability — and, in many instances, engage in anticompetitive behavior or even fraud.” — Renée M. Jones on unicorns Twelve years ago there were 39 unicorns — private companies worth a billion dollars or more. Today there are over 1,400, collectively valued above $7 trillion, with the twin beasts of Anthropic and OpenAI at the front of the herd, driving the entire American economy. A good thing, surely? Not according to Renée M. Jones, the SEC's chief regulator of corporate finance from 2021 to 2023 and author of Untamed Unicorns: Why Startup Finance Is Broken and How to Fix It. The former SEC big game warden worries that this stampede of wild unicorns might be driving the entire American economy off a cliff. Her problem isn't that these private companies exist. It's that we know almost nothing about them. That's because of changes in the law since the Nineties that have lifted the hundred-investor cap on private funds, thereby enabling them to mushroom from under $1 trillion to $17 trillion. Add secondary markets where insiders quietly cash out, and the IPO becomes optional. And so we know almost nothing about companies like Anthropic and OpenAI with private valuations in the hundreds of billions of dollars. The result is what Jones calls the founder-friendly model of Facebook, Uber or Airbnb. With super-voting shares at ten votes apiece, founders effectively choose their own bosses, thereby stripping investors of the power to discipline anyone. Think Travis Kalanick and Mark Zuckerberg. Think Theranos, WeWork and FTX. Unicorns are named, of course, for their impossibility. Not so long ago, nobody could imagine a private company worth more than a billion dollars. However, with $7 trillion now on the table, Jones is concerned about the health of the American startup economy. On the brink of the OpenAI and Anthropic IPOs, I fear Renée Jones might be right about the dangers of a real crash triggered by the stampede of these mythical creatures. Jurassic Park is now playing in Silicon Valley. Pass the popcorn. Five Takeaways •       The $7 Trillion Secret. The unicorn was named for its rarity: 39 existed twelve years ago. Today there are more than 1,400, worth over $7 trillion — roughly 1,100 in America, nearly 300 in China — and the biggest of them shape the economy while disclosing essentially nothing. That is Jones' target: not the billion-dollar valuations but the secrecy. A billion-dollar private company faces neither the disclosure rules nor the governance requirements of a public company its size, which means accountability arrives only by accident — a scandal, a frustrated investor, a whistleblower calling a reporter. Everything else stays dark.•       How the IPO Died. Startups once went public within five to seven years, for two reasons: growth capital lived in public markets, and the 500-shareholder rule forced large private companies to register — it's reportedly why Google and Facebook held their IPOs at all. Both reasons were legislated away. NSMIA (1996) uncapped private funds, whose assets exploded from under $1 trillion to $17 trillion; the JOBS Act (2012) moved the trigger to 2,000 shareholders with employee shares exempt; and secondary markets — Forge Global, Nasdaq Private Market, EquityZen — let insiders cash out without a prospectus. The IPO became a liquidity event rather than a necessity. Only AI's bottomless capital hunger, Jones notes, is pushing OpenAI and Anthropic toward the public markets at all.•       Founders Choosing Their Bosses. The founder-friendly model gives startup founders super-voting shares — ten votes to one — letting them control the board that supposedly controls them. Venture capitalists lost their traditional power to discipline or dismiss a misbehaving founder: Uber's investors, lacking the votes to oust Travis Kalanick, had to stage a coup via press leak. And the VCs are conflicted anyway — exposing fraud destroys the exit they're invested in. Jones' answer to the Google-and-Facebook counterargument is historical: dual-class structures were invented at those companies precisely to coax their founders into IPOs, and they now arrive by the second or third funding round — so the governance rot starts earlier and, as Zuckerberg demonstrates, persists indefinitely after the public offering.•       The Fraud Files — and the Social Bill. FTX. Theranos, which hid parts of its lab from inspecting regulators. WeWork, whose IPO filing finally told the truth about the spending and self-dealing — whereupon the public refused to buy, the company limped through a SPAC into bankruptcy, and employees who had borrowed money to exercise options and pay taxes were left holding worthless paper. (The VC money lost, Jones notes, is substantially public pension money anyway.) Beyond the frauds lies the social bill of the below-cost blitzscale: taxi drivers destroyed and then prices raised; passengers assaulted under lax background checks; Airbnb's uncollected occupancy taxes, underinvested security, and name-based discrimination. A culture of outrunning the law, Jones argues, gets baked in — and firms powerful enough simply change the law, as Uber and Lyft did to driver-classification rules in California and Massachusetts.•       Not Teddy — Franklin. Asked whether the coming reckoning demands a new Teddy Roosevelt — Casey Michel's prescription on this show days earlier — Jones reaches a generation later: Franklin's New Deal securities acts of 1933 and 1934, which made disclosure the price of other people's money and worked for ninety years. Since the 1980s the architecture has been chipped into optionality, and the SEC is now dismantling Sarbanes-Oxley and Dodd-Frank protections while deregulating public markets too. Her remedies: disclosure to employees paid in options they cannot value, and disclosure in the largest private offerings — because investors of any sophistication cannot make responsible decisions while investing blind. Andrew's closing verdict: I hope she's wrong. I suspect she's right. About the Guest Renée M. Jones is Professor of Law and Dr. Thomas F. Carney Distinguished Scholar at Boston College Law School, where she has taught corporate and securities law for nearly a quarter century. From 2021 to 2023 she served as Director of the Division of Corporation Finance at the U.S. Securities and Exchange Commission — the nation's chief regulator of capital formation. A graduate of Princeton University and Harvard Law School, she is the author of Untamed Unicorns: Why Startup Finance Is Broken and How to Fix It (Harvard University Press, August 4, 2026). References: •       Untamed Unicorns: Why Startup Finance Is Broken and How to Fix It by Renée M. Jones (Harvard University Press, August 4, 2026). Jennifer Taub: “This essential book, replete with details and drama.”•       The National Securities Markets Improvement Act (1996) and the JOBS A...

I'm humbled to share this with you! Because of the hard work of the founders in the PeaceTech Accelerator, we closed $1.27M in value this year (grants, contracts won, and VC raised).All of it done with one goal: serve the person in front of us! At Demo Day, 225 people showed up. One attendee told me it was the best event they'd ever been to, and that it fed their soul.We're opening 8 spots for the next cohort. If you're building dual-use PeaceTech and you're ready to turn a great product into signed revenue, apply below.Founders Apply: https://forms.gle/hcXJzh6oTgwdvnHu5Demo Day Dec 3: https://luma.com/9y30059y

Status can open doors. Character determines what happens after.In this episode, we discuss why successful leaders stay grounded, manage resources carefully, and keep their focus beyond short-term rewards.A conversation about discipline, resilience, and building success that lasts.00:00:00 – What successful founders understand about money and character00:03:00 – Jecky's journey from law to venture capital00:06:00 – Joining Kickstart and discovering the startup ecosystem00:09:00 – Why Kickstart evolved its investment strategy00:12:00 – CVC vs. VC and how Kickstart invests00:18:00 – The value of fundamentals, governance, and checkpoints00:21:00 – Understanding the post-pandemic “tech fog”00:27:00 – What separates startups that scale from legacy builders00:30:00 – Scaling correctly and building sustainable systems00:33:00 – Learning from successful founders and global companies00:36:00 – Staying humble and disciplined as a company grows00:39:00 – The founder traits that drive long-term success00:42:00 – Openness, transparency, and strong governance00:45:00 – Execution, fundamentals, and building the right skills00:48:00 – AI, talent gaps, and the future of startups00:51:00 – What the Philippine startup ecosystem needs00:57:00 – Cash flow, runway, and surviving a tougher funding climate01:00:00 – How to approach Kickstart Ventures01:03:00 – Final advice for founders building for the long termThe conversations happening on Founders Only are the ones every entrepreneur needs to hear. Don't be the last to know. Watch the full episode on YouTube. ⏭️Follow now and never miss an episode.

In this episode of Trending in Education, host Mike Palmer sits down with Mike Peng, Founder and Managing Partner of Weatherstone Capital Partners, to explore the evolving intersection of education, technology, and capital markets. After missing a meeting at ASU+GSV in San Diego, Mike and Mike reconnect to unpack what it takes to scale educational ventures past the startup phase and navigate the broader macroeconomic shift from venture capital to private equity in EdTech. Drawing from his unique career journey—from engineering at UT Austin and strategy consulting at McKinsey to leading rapid growth at Block Renovation and earning an MBA at Stanford—Peng shares why Weatherstone focuses on partnering with operators in the 1-to-10 scale stage ($1M to $10M EBITDA range). Together, they examine the real "moats" in the age of AI (data ownership and customer relationships over UI), why corporate L&D and continuing certification are outperforming traditional K-12/Higher Ed models for private equity, and how simulation tools and micro-learning are reshaping workforce upskilling. Peng also offers vital advice for founders assessing whether they are the "limiting factor" in their company's growth and how to navigate tight capital markets. KEY INSIGHTS: 0-to-1 vs. 1-to-10 Leadership: Building a product from scratch requires a scrappy, zero-to-one mindset, whereas scaling from 1 to 10 demands processes, enterprise workflows, and founders willing to look in the mirror to ensure they aren't becoming their company's limiting factor. The Capital Shift from VC to PE: With EdTech valuations down ~60% from 2021 peaks and market maturity kicking in, 2024 marked a pivot where private equity outpaced venture capital in EdTech funding—shifting the focus from hyper-growth to unit economics, profitability, and sustainable scale. Redefining AI Moats: User interface (UI) and simple API connections to large language models are no longer defensible differentiators. True AI moats reside in owning proprietary data, maintaining deep customer trust, and controlling end-to-end customer relationships. Corporate L&D and Reskilling Demand: While K-12 and Higher Ed present longer sales cycles and risk aversion, Corporate L&D—particularly recurring certification, micro-training in daily workflows, and AI simulation (e.g., bedside manner nursing)—presents massive opportunity as 85% of employers seek to reskill their workforce by 2030. Founder Discipline in Tight Markets: Bootstrapping and pivoting quickly are more viable than ever thanks to AI MVP acceleration. Founders must plan capital runway at least a year in advance and regularly "come up for air" so market evolution doesn't leave their business behind. TIMESTAMPS: 00:00 – Introduction & Connecting Post-ASU+GSV 01:00 – Mike Peng's Journey: UT Austin, McKinsey, Block Renovation, & Stanford MBA 02:30 – Inside Weatherstone Capital Partners: Long-Term Platform Investing 03:30 – 0-to-1 vs. 1-to-10: Passing the Founder "Mirror Test" 05:30 – Takeaways from ASU+GSV: AI Undercurrents & Modern Moats 07:30 – Career Readiness, CTE, & The 1,400-Tool EdTech Stack 09:30 – Data is the New Oil, AI is the New Electricity 11:30 – Managing Hallucination Risk & Trust in Classroom Tech 13:30 – Segmenting EdTech: Why Capital is Moving from VC to PE 18:00 – The Future of Work: LXP, Micro-Learning, & AI Simulations 23:30 – Personal AI Tutors, Spatial Hardware, & Final Advice for Founders 26:00 – Wrap Up & How to Connect with Weatherstone Subscribe to Trending in Ed wherever you get your podcasts to stay ahead of the curve in learning, media, and the future of work.

Mike Lyon is the founder and managing director of Vista Point Advisors, a boutique sell-side investment bank he started almost sixteen years ago. A former chemical engineer at Exxon and BP who later joined Citigroup's tech M&A team, he built Vista Point to solve a conflict of interest he watched play out on Wall Street: bankers quietly working both sides of a deal. Vista Point Advisors represents founder-led software companies only — never the buyers — focusing on vertical SaaS with enterprise values between $30 and $300 million. Mike and five other managing directors run about a dozen deals a year, spending 50 to 100 hours cleaning up each company's data before launch and running a long, non-exclusive process built to keep multiple buyers competing to the finish. Mike says buyer criteria changed this year for the first time in a decade, and changed fast. Buyers now demand roughly 90% gross retention as a proxy for AI resilience, favor systems of record with real data moats, and discount horizontal point solutions. His advice: understand exactly how you'll be graded long before you go to market, because the aperture for a premium exit keeps shrinking. Key Takeaways AI Changed Everything — For the first time in a decade, buyer criteria are shifting week to week this year. Gross Retention Rules — Buyers now want 90%-plus gross retention as a proxy for AI resilience. System Of Record — Point solutions look exposed to AI; systems of record with real data moats win. Exclusivity Is Leverage — Once you grant it, the deal slows and power shifts to the buyer. Watch Spend, Not Talk — Every buyer says the right things; only diligence dollars prove real intent. Second Bite Pays — Most founders who sold majority to PE did as well or better on the rollover. Quote from Mike Lyon, Founder & Managing Director of Vista Point Advisors "For the first time in ten years, the rules hav changed — and they changed fast. If you called any private equity or strategic buyer over the last decade and asked what makes a good SaaS company, the answer barely moved. This year I've had conversations I've never had before, where the criteria shifted week to week — first it's X, then X plus Y, then X plus Y plus Z. The first big change is a maniacal focus on gross revenue retention (GRR). Net retention (NRR) was the star for years, but gross gives you no credit for upsells — you only get dinged for downgrades and churn, so it's really asking what happens if you can't upsell anymore. Buyers want to see 90% or better now, and our read is that it's a proxy for AI risk: they don't fully understand the AI threat yet, but they know a business at 90% gross retention is probably resilient enough to take some hits and survive. System of record is the other thing that suddenly matters more. Point solutions feel like they're at further risk from AI, so buyers want a system of record with a real data moat — not the fake moat where anyone can go get that data somewhere else — or a payments angle, which is harder for AI to route around. And if your business started eight years ago, it's hard to be fully agentic, but you at least need the ability to hang agents off the backbone of your software to keep delivering value." Links Mike Lyon on LinkedIn Vista Point Advisors on LinkedIn Vista Point Advisors website Podcast Sponsor – Fraction This podcast is sponsored by Fraction. Fraction gives you access to senior US-based engineers and CTOs — without full-time costs or hiring risks. Get 10 to 30 hours per week from vetted and experienced US-based talent. Find your next fractional senior engineer or CTO at fraction.work. You can start with a one-week, risk-free trial to test it out. The Practical Founders Podcast Tune into the Practical Founders Podcast for weekly in-depth interviews with founders who have built valuable software companies without big funding. Subscribe to the Practical Founders Podcast using your favorite podcast app or view on our YouTube channel. Get the weekly Practical Founders newsletter and podcast updates at practicalfounders.com. Practical Founders CEO Peer Groups Be part of a committed and confidential group of practical founders creating valuable software companies without big VC funding.  A Practical Founders Peer Group is a committed and confidential group of founders/CEOs who want to help you succeed on your terms. Each Practical Founders Peer Group is personally curated and moderated by Greg Head.

2016年10月末，「声东击西」第一期节目上线；到2026年10月末，「声东击西」将更新整整十年。在这十年中，我们采访了很多身处变化之中的人，也和大家一起经历了一个不断变化和转向的世界。 十周年之际，我们的确想做一些特别节目，但不太想只做一次简单回顾。所以我们决定还是用「声东击西」熟悉的形式，通过访谈那些亲历结构性变化并拥有独特观察的嘉宾们，去听听过去这十年中，他们看见了什么，洞察到了什么，如何理解今天，又如何辨认出那些塑造未来的力量。 这一系列的节目会至少有6期，含括技术，城市，制度，教育等不同领域。 那作为「十周年」特别系列的第一期，徐涛前往硅谷，在那里采访了 AI 技术创业者贾扬清。 过去十多年，贾扬清几乎经历了人工智能深度学习发展的每一个关键阶段：从伯克利时期参与深度学习早期探索、开发开源框架 Caffe ，到先后加入 Google Brain、 Facebook AI Infra、阿里云，再到创办 AI 公司并被英伟达收购。如今，他又开启了新的 AI 创业探索。 这期节目，我们和贾扬清一起回望 AI 过去的关键节点：从技术突破，到产业变化，再到 AI 可能带来的未来，这是一场关于 AI 过去十年与未来十年的对话。 本期人物 贾扬清，AI 科学家、连续创业者，Intent Lab 创始人、CEO 徐涛，声动活泼联合创始人 主要话题 2005-2012 ：从“人工智能已死”到开始“百花齐放” [05:34] “我本质有点像一个文科生” [08:04] 第一次听见「人工智能」时，“当时至少整个业界判定它的死亡了，大家认为人工智能是一个历史概念” [14:20] 一个各种各样观点在碰撞的阶段 [17:46] 一张快递盒送来的英伟达GPU ，一个 side project，和成为 AI 基础开源工具的 Caffe 的诞生 2013-2022 从实验室到科技巨头的押注和竞赛 [26:53] Google Brain，Facebook AI Research 与 AI 竞赛的开始 [37:56] 2016 年 AlphaGo 时刻，却离开 Google选择「乱七八糟、生机勃勃」的 Facebook [46:11] AI 领域还小，但为什么硅谷愿意为长期技术下注 [50:28] 从 Facebook 到阿里，“这个技术能不能广泛铺到所有领域中” 2022-2024 AI 的再一次惊人跃迁和浪潮中的创业机会 [01:05:05] GPT时刻，AI 的再一次跃迁 [01:12:38] 第一次创业：在 AI 淘金热中「卖铲子」 [01:17:07] 大公司的缓慢，和创业者的洞察 [01:25:35] Lepton AI 第二年实现盈利，很快被英伟达收购 2024- 公司、工作与人的重新定义 [01:32:37]被英伟达收购几个月后，二次创业的想法袭来 [01:37:56] 单个 Agent 足够聪明，一群 Agent 为什么还不是团队 [01:49:47] 当 AI 能够完成更多工作，公司需要怎样的人 [01:55:44] 当解决问题越来越快，人类还需要创造什么 [02:03:59] 从完成任务到获得信任，AI 进入社会还缺少什么 延伸解读 [12:44] 《How to Create a Mind: The Secret of Human Thought Revealed》 [15:20] AlexNet，2012年由 Alex Krizhevsky、Ilya Sutskever 和 Geoffrey Hinton 团队提出的卷积神经网络模型，在 ImageNet 图像识别比赛中取得突破，被认为开启了深度学习革命。ImageNet Classification with Deep Convolutional Neural Networks [17:46] Caffe，一个开源深度学习框架，帮助研究人员更快地设计、训练和验证神经网络模型。它降低了深度学习研究的门槛，也推动了早期深度学习社区的发展。 [21:23] Google Brain，Google 于2010年代初建立的人工智能研究团队，目标是探索大规模神经网络和机器学习技术。它推动了 TensorFlow 等基础设施的发展。 [29:16] ImageNet，由斯坦福大学李飞飞团队推动的大规模图像数据库和评测体系。2012年前后，深度学习模型在 ImageNet 上取得巨大突破，证明了“大数据 + 大计算 + 神经网络”的路线。 [31:34] Neolab，近年来，一些新的 AI 实验室不再完全依附于大型科技公司，而是以创业公司形式进行前沿研究，例如 OpenAI、Anthropic 等。这代表 AI 基础研究组织模式的变化。 [38:08] TensorFlow，Google 开发的机器学习框架，帮助研究人员和企业构建、训练和部署 AI 模型。它代表了 AI 从实验室走向产业基础设施的重要一步。 The 2026 AI Index Report 也可以在小红书账号「徐涛-声东击西」看到更多相关内容和幕后 十周年特别节目 2016-2026，声东击西走过十年。 十年，我们亲历变化，也由此洞见未来。在这个特别系列中，我们邀请身处结构性变化中的人，回望过去十年的关键转折，也一起思考未来的方向。 本系列持续更新中： 第一期：一个 AI 从业者的十年——专访贾扬清 第二期：…… 给声东击西投稿 「声东击西」一直在寻找来自不同社会和群体的真实声音。我们曾经采访过为特朗普竞选生产 MAGA 帽子的中国制造商、记录过七位在美国大选中经历起伏的华人个体，也讲述了委内瑞拉青年的故事。 如果你也有一些特别的经历、观察或想法，不论是亲身体验的故事，还是你在某个行业、社区中的所见所闻，都欢迎你向我们投稿。 你的声音可能出现在未来的节目当中，我们非常期待你的分享！ 投稿入口 「Knock Knock 世界」 从围棋游戏到《宝可梦》，科技公司为什么让 AI 玩游戏？https://sourl.co/kRDfdx 春晚耍刀弄剑的人形机器人，真能走进我们的日常生活了吗？https://sourl.co/pmkCMh 半程马拉松、运动会，为什么要办「机器人」体育比赛？ https://sourl.co/NzgvvA 被全网追捧的「AI 龙虾」，到底是怎么火起来的？https://sourl.co/XxvuPR 在「Knock Knock 世界」里，听到全球新鲜事，还能成为「全球观察员」，报选题、参加选题会。2026 年的节目正在持续更新，有4期免费试听，苹果播客上还可以还【按月】随时订阅节目。 加入我们 声动活泼团队目前正在招聘内容监制、商业运营经理、商业发展经理和实习生，如果你也对播客行业的内容制作和商务运营感兴趣，欢迎投递！ 详情点击招聘入口：加入声动活泼（在招职位速览） 幕后制作 后期：赛德 运营：George 设计：饭团 实习编辑：翔宇 商务合作 声动活泼商业化小队，点击链接可直达商务会客厅，也可发送邮件至 business@shengfm.cn 联系我们。 关于声动活泼 「用声音碰撞世界」，声动活泼致力于为人们提供源源不断的思考养料。 我们还有这些播客：声东击西、What's Next｜科技早知道、商业WHY酱、跳进兔子洞&跳进兔子洞第三季、吃喝玩乐了不起、不止金钱、泡腾 VC、反潮流俱乐部 欢迎在即刻、微博等社交媒体上与我们互动，搜索声动活泼即可找到我们。 也欢迎你写邮件和我们联系，邮箱地址是：ting@sheng.fm 获取更多和声动活泼有关的讯息，你也可以扫码添加声小音，在节目之外和我们保持联系！ Special Guest: 贾扬清.

This Week In Startups is made possible by: Vanta https://www.vanta.com/twist Agree https://agree.com Odoo https://Odoo.com/twist Today's show: *Airtable just sold for $2.25 billion, an 81% drop from its peak of $11.7 billion. On this week's TWiST VC Roundtable, Aditya Agarwal (South Park Commons), Niko Bonatsos (Verdict Capital), and Rick Heitzmann (FirstMark Capital) break down why the venture world sees this as a good outcome, not a financial disaster. By declining the deal, would Airtable's team have just been delaying the inevitable? Is the fact that they reached $400M+ ARR on its own a reason to celebrate? Find out why our investor panel prefers unwinding a stuck situation rather than chasing a growth rate that's no longer sustainable. PLUS Robinhood's booming prediction market business, the secondary market flap over Anduril shares, why so many VCs shy away from "vice" categories, and a glimpse at how insiders are talking about the Apple-OpenAI lawsuit. Guests Aditya Agarwal on X: https://x.com/adityaag South Park Commons: https://www.southparkcommons.com/apply Niko Bonatsos on X: https://x.com/bonatsos Verdict Capital: https://verdictcap.com/ Rick Heitzmann on X: https://x.com/rick FirstMark Capital: https://firstmark.com/ Relevant Links Airtable: https://www.airtable.com/ Bending Spoons announces Airtable acquisition: https://investors.bendingspoons.com/newsroom/bending-spoons-agrees-to-acquire-airtable Constellation Software: The Anti-Conglomerate: https://www.eaglepointcap.com/blog/constellation-software-the-anti-conglomerate Introducing Robinhood Ventures Fund II: https://robinhood.com/us/en/newsroom/introducing-rvii/ Quartz: Robinhood posted record quarterly revenue: https://qz.com/robinhood-record-revenue-prediction-markets-earnings-073026 Riot Games: https://www.riotgames.com/en AngelList's USVC Fund: https://usvc.com/ Baseten: https://www.baseten.co/ OpenEvidence: https://www.openevidence.com/ Hermes Agent: https://hermes-agent.org/ Granola: https://www.granola.ai/ Timestamps: 0:00 VC intros & Bending Spoons buys Airtable 9:19 Why growth is the only metric that matters 9:45 Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist 20:52 Agree.com - Stop chasing invoices and automate your entire contract-to-cash stack. Go to https://agree.com and tell them Jason sent you to get 50% off for life! 26:25 When should VCs sell in secondary markets? 30:55 Odoo - The all-in-one business platform. Get started for free at https://Odoo.com/twist 35:38 Robinhood's prediction markets are exploding 43:13 The USVC-Anduril secondary controversy 46:18 How VC firms use open source models 58:43 Telling the real founders from the grifters 1:02:38 Why Apple is suing OpenAI Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com Check out the TWIST500: https://www.twist500.com Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp   Follow Lon: X: https://x.com/lons   Follow Alex: X: https://x.com/alex LinkedIn: ⁠https://www.linkedin.com/in/alexwilhelm   Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis   Check out all our partner offers: https://partners.launch.co/   Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland   Check out Jason's suite of newsletters: https://substack.com/@calacanis   Follow TWiST: Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups Substack: https://twistartups.substack.com

Victor Penev, Founder and CEO of Edamam LLC, is on a mission to help people make healthier food choices by organizing the world’s food knowledge, while building a Zero-Spend Marketing Engine that fuels sustainable growth through a proprietary semantic food database. By combining food science, nutrition expertise, and AI-powered technology, Victor has built Edamam into a trusted food intelligence platform that enables businesses to develop innovative health, wellness, and nutrition applications while making reliable food data accessible at scale. In this conversation, Victor introduces The Democratic Decisions Framework—No Pre-Judgement, Freedom to Speak Up, Intellectual Environment, Robust Discussion, and Work Towards Consensus. He explains why removing preconceived opinions encourages better ideas, how open dialogue and diverse perspectives lead to stronger decisions, and why working toward consensus builds lasting commitment across teams. Victor also shares how partnerships, referrals, and search authority fueled Edamam’s sustainable growth, and why proprietary data and continuous human refinement remain the company’s competitive advantage in the age of AI. — Zero-Spend Marketing Engine with Victor Penev  Good day, dear listeners. Steve Preda here with the Management Blueprint Podcast. Today, my guest is Victor Penev, the Founder and CEO of Edamam LLC. Edamam is helping people eat better by making daily food choices simple and easy, eventually organizing all the food knowledge in the world. To that end, the company has built a proprietary semantic food knowledge base and is creating, on top of it, a range of consumer and business applications to solve real-world, everyday problems. Wow. Victor, welcome to the show.  Thank you. Good to be here. I’m very excited.  So I was shocked to learn that you’ve got 900,000 foods in the system and 2.3 million recipes. I mean, I don’t know who is even able to create so many recipes. So how did that whole thing come about? How did you come up with this idea? Are you a foodie?  I am a foodie. Yeah, that’s kind of the origin story. I’m a serial entrepreneur. I’ve done a few startups. I had a successful exit about 15 years ago. A friend of mine and I built Bulgaria’s largest internet company. Then I started looking for what to do next. I was actually going to start a news organization, but then I realized one day, on a beach in Thailand, that I think about food five hours a day, and I cook every day.  So I might as well do something around food that helps people. I married my passion for food with my passion for technology and built a company.Share on X The problem we set out to solve back then is still a very valid problem. People need the right information, just in time, to make the right food choices. The data is always inconsistent, incomplete, and lacking. So we set out to organize the world’s food knowledge so we can help people make the right food choices.  Wow, this is fascinating. So what is your personal ‘Why’ that you’re manifesting in this business?  So, in terms of philosophy—and my philosophy changes. Everybody’s personal philosophy changes over time. But where I am right now, I think there are a couple of things that really matter if you want to live what one would call the good life—a meaningful life. One is to be really present in the moment. You know, be here now. The other is to help people. I think my business falls into…Share on X For us, the measure of success is not revenue or profit.  It’s how many people we ultimately reach through our data. It’s worth noting that we’re a business-to-business company, so we don’t reach people directly. But we have partnerships with companies like Nestlé, Microsoft, Amazon, and Food Network. Through those partnerships, we think we reach at least a billion people. For us, that’s the real measure of success.  Helping everybody eat better and live longer, healthier lives. My vision is that everybody can live to 120 without chronic illness or mental conditions. A big part of that is food. So we're trying to help people. That's my 'Why'.Share on X  Yeah, I love it. Obviously, eating healthy is a big thing. You know, garbage in, garbage out. This is fascinating. Do you find that certain cultures have better eating habits than others? And what drives it?  I think history and geography, to some extent. Everybody knows about the Mediterranean diet. And it’s not only the countries around the Mediterranean. Vietnamese and Japanese cuisine are Mediterranean in the composition of the food. A lot of it comes from being close to water, living in a certain climate, and having a huge variety of fruits, vegetables, and fish. But I think the biggest change over the last hundred years hasn’t been culture. It’s been technology—quote-unquote—and the processing of food so it’s shelf-stable, can be shipped, and sold at a lower price.  I think that’s the biggest problem. It’s changing eating habits everywhere in the world. It’s very well known in the United States and, to some extent, in Western Europe. But even places like Japan are starting to eat a lot more processed food. Mexico is starting to eat a lot more processed food. This is more technology-driven than anything else. If I had to say one thing that would help people, it would be this: Go back to your roots. Get food directly from the soil. Cook it at home. It's a question of time and effort, but if you value your health, that's one of the best investments you…Share on X  Yeah, as we’re getting busier and busier, the opportunity cost of cooking our own meals is becoming higher. And that’s the real problem.  It is a problem. I mean, it’s a question of priority. I cook every day. I’m very busy, but for me, it’s an important enough thing. Food, apart from nourishment and nutrition, is also a very social thing. People connect through food and spend time together, and that’s another thing that correlates very well with longevity and a well-lived life. So there’s a lot more to be said about having good food.  Yeah, I think Woody Allen said in one of his movies that eating together is the second sexiest thing to do, or something like that.  Yeah, there you go. I’m not going to ask what the first one is.  Yeah. That’s awesome. So let’s talk about frameworks. This podcast is all about frameworks. What’s a framework that you’ve discovered along the way that helps you think about your business, create outcomes in your business, help other people be productive, or whatever it is that’s driving results in your business?  A couple of things come to mind. I’ll start with the non-obvious one. Some people speak about it, but I’ve practiced it, and I think going slow gets you further. You know, the hare and the tortoise. I am definitely against growth for growth’s sake. That drives a lot of decisions: who you raise money from, how you run your business, and so on. Over the years—and I’ve been an entrepreneur for probably close to 40 years—I’ve discovered that every successful product has its timing and its soul.  You just have to let it come to fruition. Sometimes that means slowing down instead of rushing forward. For me, being deliberate about the end goal without having time constraints is a framework that’s always helped me. It’s not for everyone. Definitely not for the modern world, where VC money is trying to get you to grow very fast, and everybody competes based on how fast their revenue or customer base has grown.  But I find that this does not lead to lasting results in terms of impacting humanity and having a meaningful life—both for yourself and for everybody in the company. So that’s one framework. The other, which is also very simple, though not too many people execute it, is just: treat people like people. This means there’s no hierarchy in my company. I’m super proud to say that in my last company, I never had an employee leave. And that was over 15 years.  It’s because I treat people as people. Going back to the Latin origin of the word companion, companio, which means “to break bread together.” We are a band of people breaking bread together on a journey. That’s how it works. That means doing things that are not intuitive in business. For example, having no advance notice requirement for vacations. If you want to take a vacation, take it now. Giving responsibility to people and treating them well. Those are the two frameworks that I think have helped me. In addition, making decisions democratically, which is a very contentious thing in business. Okay.  So how do you do that?  There is always, ultimately, an arbiter, which is oftentimes me or some kind of board. But that means having a robust discussion around a topic without preconceived notions of what the end decision or result should be. Creating a culture where everybody can speak up, argue, and tell you they disagree with you. Having that freedom creates an intellectual environment where people really debate.Share on X  At the end, more often than not, the obvious decision emerges. It takes a long time, but the reality is that once a decision is made, everybody has bought into it, and it’s usually the right decision. So I don’t make wrong turns. Now, there are times when it’s a coin flip. There are two equally good—or equally bad—options, and somebody has to make the call. Then it falls to me. But for the most part, it’s democratic decision-making.  So how do you cultivate that? How do you foster it? How do you make sure people contribute to it?  I’ve had the luxury of starting a company from scratch. It’s a lot easier to do when you start from scratch because you establish the culture with the first hire. It’s a lot harder to change a culture and instill new values. For me, it's been a very deliberate choice about what I want the company to be. People working together toward a common goal. People who don't get overworked. People who always have something exciting to do and an amazing group of people to work…Share on X  So it’s about hiring people who are reliable, self-sufficient, and want to move things forward. Then really showing that any conversation and any intellectual argument is absolutely allowed. There is no hierarchy where you can say something and I’ll just shut you down because I’m the boss. You have to demonstrate that in practice. You have to actively solicit everything a person has to say. After the first couple of hires, it becomes easier with the next ones because they see what’s going on. That’s how you do it. It’s a deliberate choice to build the culture through day-to-day interactions. There’s no easier way, unfortunately.  So how scalable is this flat, democratic culture? Does it impact scalability in any way?  It is scalable. My current company is small, but my previous company had about 150 people. Even when we sold the company and had to find a replacement CEO, the candidates had about 50 interviews each. At the end, the whole company voted on who the CEO would be. It is scalable. It slows down the decision-making process, but it speeds up the progress of the company.  An individual, even the smartest individual, is more likely to make mistakes than the crowd. Now, there are exceptions. I’m pretty sure Steve Jobs would have done it differently. But for the most part, I think people make fewer errors through a democratic process than by making decisions on their own. So yes, I think it’s scalable. It’s really a matter of deciding which decisions belong at which level. You don’t have the entire company of, say, 10,000 people voting on one thing. For a particular problem, there might be 10 people who are the relevant decision-makers. They get together and sort it out, and everybody else accepts what those people decide.  So it’s more of an approach to tapping into the minds of the people who can potentially bring diverse opinions.  Yeah. Diversity of opinion. They all have a different angle from which to look at the issue that needs to be resolved. So different angles. Because they’re all impacted, everybody can contribute. There’s respect in listening to everybody else. It’s not that one person establishes the ground truth and everybody else has to agree. There is actual debate.  Yeah. Interesting. By the way, I just want to comment on this bootstrapping aspect. I saw your post on bootstrapping. You spoke at a recent conference on it. So what are your thoughts on bootstrapping? What are the critical ingredients there?  So bootstrapping is the way business has been run for a very long time. It’s only recently—in historical terms—that the venture capital industry emerged and allowed businesses the luxury of building without thinking too much about the bottom line. But I think the disciplining effect of constantly thinking about the bottom line is super important. To some extent, it takes a certain kind of individual to do it, which I call the true entrepreneur. Those are the people who are risk-takers and can live with a very high degree of ambiguity.  When you don’t have money in the bank to cover next month’s expenses, you have to be comfortable with that. To me, that’s the right entrepreneur. It has become too easy for people to become “entrepreneurs” by raising tens of millions of dollars. That’s not to say they might not be brilliant people who execute very well and create amazing companies. I think those are probably one in a thousand. The majority get the money, spend it in two years, and they’re gone. So for me, bootstrapping is the proof in the pudding. If you do it day in and day out and keep moving forward, you're actually building something that's valuable.Share on X  Yeah, I agree. Some people say it’s akin to being an employee when you raise money and just have to get to the next fundraising round, and then the next fundraising round. It’s almost like executing the business plan your board has given you.  Exactly.  Worst case, you go take a job somewhere else if things don’t work out. But you’re not losing your livelihood, and your family isn’t going to starve, right?  It is a certain type of personality, and I don’t think it’s for everyone. But my personal belief is that if you’re going to build a business, you’re better off building it with a little bit of hunger. Not always having enough. Having just enough so you can keep moving forward.  Yeah. Necessity is the mother of invention, right? If you don’t have too many resources, that’s a constraint you can push against and come up with better ideas. It’s a forcing function.  Correct.  There you go. So, Victor, what drives growth in your business?  Like I said, I’m not pro-growth per se. This was also a deliberate choice for the company. Just as a parenthesis, the last business I ran before this was a media business. We sold advertising. I personally don’t believe that spending money on advertising is a good idea. So I built a business with the explicit desire not to spend any money on marketing. That meant I had to build mechanisms for referrals, inbound traffic, and so on.  A lot of our early customers—including companies like The New York Times and Food Network—received very high discounts, but with the requirement to display “Powered by Edamam,” linking back to us. Search engines like that. It builds authority and so on. Over the years, we’ve built enough authority that most of our traffic now comes from search engines and chatbots. That’s what’s driving our growth.  The other thing is that we try to stay nimble. We build technological assets and products, but the market changes. Who needs the data? For what use cases? It’s important to stay aware of the market and adjust to wherever the opportunity is. That’s how I’ve built the business. I’ve built it to generate lots of inbound traffic and then adjust very quickly if the market changes. The rest is we’re almost like a spider waiting for the flies to come in.  So you say you’re not pro-growth. Do you mean you don’t want to make this a bigger company?  No. I’m not for growth just for the sake of growth. Let’s grow 300% this year in top-line revenue. For me, as I said, what drives the business is how many people we reach with our data. That’s the metric I’d like to grow as much as possible. If possible, I’d like to reach every person on the planet. That’s the aspiration. When I say I’m not for growth, I mean that  sometimes growth becomes its own incentive. You grow without asking, “What’s the ultimate goal here?” Why do you have to grow?  Oftentimes, the answer is because you want to sell the company at a big profit. That’s why VCs put money into your company. You’re feeding the VC business model. But if you’re not feeding the VC business model, why do you have to grow the company? What’s the point? You may have investors, but you have patient capital, and they’re aligned with you. Eventually they’ll get their money back, but it doesn’t have to come at the expense of the company’s mission. When I talk about growth, I mean the pressure to constantly grow top-line revenue, which has become very popular over the last couple of decades.  So when you say you eventually want to organize all the food knowledge in the world, it sounds a little like Google organizing the world’s information—just for food. Isn’t that a big vision that requires growth?  No. Again, I don’t think growth is necessary to execute that vision. I think you can organize the world’s food knowledge, and we’re already well along the way. There’s always more to do. Even with very limited resources, we’ve been able to do it. I think that having more customers and more revenue would probably help, but only on the margin. It’s not a prerequisite.  The prerequisite is having the right technology and the right setup to constantly ingest new information about food, pass it through our pipeline, clean it, verify it’s accurate, structure it, organize it, and link it to other data. Food is a relatively limited universe. You started by asking whether people really create 2.3 million recipes. There are only so many ways to combine food items into something people eat. So it’s a limited universe. What’s exciting is the depth of food.  There are macronutrients, micronutrients, allergies, diets—we all know about those. But there’s much more. There are many more molecules in food. Eventually, even the soil it was grown in and the amount of sun exposure could become valuable data. There’s always more work to do, but we focus on what’s actually doable right now.  So do you envisage that the growth of technology, especially AI, means you can keep the company the same size as it is and accomplish your ultimate mission?  I think so. Similar size. To some extent, AI is helping us because it’s bringing a lot more customers. People are building all kinds of applications with large language models and agents, and they need accurate, deep data, so they come to us. We are also using AI to build tools and meet the demand, so our engineers are becoming more effective. So, to some extent, that helps keep the team small.  That being said, in terms of the speed with which AI moves, it’d be nice to have a few extra people. That doesn’t mean doubling the size of the company. I think it’s probably having 20 to 30% more people would be sufficient to actually leverage the technology—which is AI—to the best effect. So that’s kind of my view now. Ask me in two months, I may have a different view.  So what is one thing that you’re actively trying to figure out in this business right now?  Well, AI is throwing a wrench into everything, so it is a very fast-moving environment. Our clients are constantly changing their demands. The profile of our clients is changing. There’s a lot more new health, wellness, prevention, and weight-loss companies that are showing up and starting because they can now build with AI. So all of that makes for a very choppy sea. We can’t figure out exactly where the wind is blowing from and where we should head.  So for me, it’s kind of like having the North Star of, “Okay, we are a data company. We leverage our data asset, and we just keep doing that. Then we’ll innovate on the technologies that we need to offer, but stay there, as opposed to trying to change what the company does.” That’s kind of what’s keeping me steady. But again, it’s a very choppy sea, so I don’t know what’s going to happen. One big worry is whether Anthropic or OpenAI are eventually going to replicate everything that we’ve done. I don’t know. I don’t think so. But artificial superintelligence is something that nobody knows about.  Yeah. So the technology evolves very fast. So how do you avoid being commoditized by AI? I think the data—our moat is the data, right? It’s taken us so much time to actually clean, organize, and structure the data, and that’s not a process you can do easily just by throwing people or AI at it. We’ve used what used to be called AI since the beginning of the company: machine learning, natural language processing, and so on. Now we use generative AI. But we’ve used that, plus super-smart engineers, food experts, nutritionists, and week in, week out, we’ve been improving the data, improving the algorithms, refining it, and so on. That is not something you can just throw resources at.  It requires that constant iteration between humans and technology in order to get there. So for us, I think that’s an important moat because if somebody wants to build it and commoditize us, they’ll have to replicate that. I think the more likely scenario is they may end up buying us. Like I said, artificial superintelligence could be a completely different ballgame. But with the technology that exists right now, with large language models, I don’t think that’s replicable. We know it because enough people have tried.  Yeah. Would you be okay with someone buying you? Is this your…  Sure.  Yeah?  Yeah. The way I think of companies is the following. They’re like children. At some point, children become 18-year-olds. They can earn their own bread. They can walk on their own two feet. You kind of have to let them go. I think this company has gotten to that stage. It’s a teenager that can walk on its own. It doesn’t need me. And I have ideas for 10 more businesses. Who knows? If I’m healthy, I think I could probably build another four or five businesses in the next 40 or 50 years. Why not?  Yeah. I love it. So who do you want to connect with you, go on your website, check things out, and what’s the best way to engage with what Edamam is doing?  Two categories of people or entities. One is companies that are building something around diet management, nutrition, health, or food. I think they’ll find that we have valuable resources that can speed up whatever they’re developing. So that’s one category. The other is like-minded individuals. They could be investors, but they could also just be people who really care about healthy eating and the prosperity of humanity.  Those are the types of people I’d like to talk to because aligned minds often come up with new ideas. It’s kind of the Y Combinator thing—lateral thinking. If we have an aligned goal and we come from different fields, we may come up with something new.  Okay. So that’s a way for you to find people worth brainstorming with, I guess, who have the same ideas: healthy eating, helping people live longer—to 120 years. And other companies that could be using the data you’re processing and organizing. So if you’re out there and you’re in the food business or the healthy living business, then definitely pay attention.  Check out Edamam LLC‘s website. Talk to Victor Penev on LinkedIn. So, Victor, thank you for coming on the show and sharing your wisdom. And if you enjoyed this conversation, stay tuned because we have wonderful entrepreneurs like Victor every week. Anything else, Victor, you want to share? Any famous last words?  Yeah. I just want to say thank you. I appreciate the opportunity. Keep up the good work. I really enjoyed the conversation.  Thank you, Victor. And thanks for listening. Important Links: Victor's LinkedIn Victor's  website

In this episode, we sit down with Rebecca Kaden, General Partner at Union Square Ventures, where she invests in the next generation of AI, software, and technology companies shaping the future.We discuss why AI is still dramatically underhyped, how venture capitalists identify world-changing technologies before everyone else, the future of open versus closed AI ecosystems, why the best investors think in decades instead of years, and the frameworks Rebecca uses to evaluate the next wave of billion-dollar companies.If you're interested in AI, venture capital, startups, investing, or understanding how the world's best investors think, this episode is for you.This episode is supported by Sydecar, HEX, Wispr Flow, Granola, Beehiiv, KalshiSydecar: https://sydecar.io/partners/trailblazersbeehiiv: https://www.beehiiv.com/splash?utm_campaign=trailblazers-2026-Partnership&utm_medium=podcast&utm_source=trailblazers&utm_term=podcast-1&stripe_campaign_code=TRAILBLAZERS30 (or use code “trailblazers30” for 30% OFF)*beehiiv has a major announcement coming July 16 - can't say more, but you won't want to miss it. RSVP here: https://www.beehiiv.com/summer-release-2026Granola: http://granola.ai/trailblazers*Granola is the official notetaker of Trailblazers. Check out the episode show notes here: https://notes.granola.ai/t/8dccb81c-ac02-48e1-afb3-b6a7d8ff9160-00b881l8Kalshi: http://Kalshi.com/r/trailblazersWispr Flow: https://ref.wisprflow.ai/trailblazersHEX: http://hex.ai/trailblazers

BitMEX shut down without an angry tweet. Offchain Labs CEO Steven Goldfeder joins Kain and Taylor on why dead tokens never get that mercy. Plus, Kyle Samani's Multicoin blowup. ======================================================== Thank you to our sponsors! ⁠⁠⁠⁠⁠Cape⁠⁠⁠⁠: Your biggest crypto vulnerability isn't your wallet, it's your phone number. Cape is America's privacy-first mobile carrier that rotates your SIM identity daily and blocks SIM swaps before they happen. Get 33% off your first six months at ⁠https://cape.co/unchained⁠ (use code: UNCHAINED). ======================================================== BitMEX shut down after 11 years and crypto Twitter answered with nostalgia. When a token project dies, the same audience spends weeks dragging it. Steven Goldfeder, co-founder and CEO of Offchain Labs, the team behind Arbitrum, joins Kain Warwick and Taylor Monahan to work through why. Goldfeder argues crypto's grant-funded, revenue-optional era is over, and explains why Arbitrum licensed its stack so that partners like Robinhood Chain have to keep paying for it, while Base pays Optimism. They trace the DPRK crewhacking crews now rotating through bridge exploits, debate whether Uniswap's new permissioned pools point toward tokens that carry real investor rights, and ask Goldfeder whether he would trade Arbitrum's open token for a restricted one only a fraction of the world could hold. The conversation closes on Kyle Samani telling Solana builders that Multicoin, the firm he co-founded, is working against them, and what that says about how much of an ecosystem can rest on a single fund. Hosts: ⁠⁠⁠⁠⁠⁠Kain Warwick⁠⁠⁠⁠⁠⁠ - Host of Uneasy Money and Founder of Infinex and Synthetix ⁠⁠⁠⁠⁠⁠Taylor Monahan⁠⁠⁠⁠⁠⁠ - Co-host of Uneasy Money and Security Expert Guest: ⁠⁠⁠⁠⁠Steven Goldfeder - Co-Founder and CEO of Offchain Labs Timestamps

After his first VC-backed business flopped, ButcherBox CEO and founder Mike Salguero turned lessons learned the hard way into the fuel that built his subscription meat delivery business. Salguero joined host Jeff Berman to reveal how a blend of clean ingredients, clever marketing, and hiring for grit helped him scale into a business that's now making more than $600M a year and expanding into retail nationwide. Subscribe to the Masters of Scale weekly newsletter: https://mastersofscale.com/subscribeSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Download MP3 | Watch Video Episode Full Timestamps: https://docs.google.com/document/u/1/d/e/2PACX-1vSKkGchDQV5RvTwa2uFyOu3z4YHl-n8vPz90khvgMEew2dZ7dzKuGJ8Sf2wZ1-qsPvt3gs5qQ7uYTMJ/pub Watch full episodes: https://www.youtube.com/@CastleSuperBeastArchive NEW CASTLE SUPER BEAST "LEGACY" SHIRT & DESKMAT AVAILABLE NOW: https://www.orchideight.com/collections/castle-super-beast Go to http://heroforge.com and use code CASTLE to get 5% off on all orders of physical miniatures. Docket: According to wowhead, reddit and others a game master intervened in a +23 NPX and ported himself into the dungeon to kill some trash for the group who finished the last boss under %. The group is friends with the GM and were in VC at the time and asked for him to do them a solid.  Blizzard fires World of Warcraft game master who insta-killed bosses for friends It will also be "taking action" against the players who were involved. The Fire's Edge, the first new DLC for Darkest Dungeon since 2020, is releasing on August 18th. The Duelist and Runaway, heroes who debuted in Darkest Dungeon II, bring their unique abilities to bear against horrors that lurk beneath the manor.  Disney's Former CEO Seems To Have No Memory Of Approving Kingdom Hearts The US $55 billion leveraged buyout of Electronic Arts (EA) has been approved by the European Commission's competition regulators. Adult Aang concept art quotes "According to ChatGPT" The crew is anti AI and respond UMvC3 Community Edition - Character Reveal Trailer 3

A VC-backed boogie gas station? And a new Costco gas station too?... We know why gas got a glow-up.America super-sized the World Cup to great success… because in live sports, more is more.Chanel acquired the oldest shirt-maker in the world… and it's actually a contrarian AI bet.Five coffees a day keeps the doctor away…$COST $SBUX $LVMUYGrab your Tickets to the IPO Tour: Our In-Person OfferingSan Francisco 9/23: https://www.ticketmaster.com/event/1C0064AFB5F688BDBoston 10/14: https://tickets.citywinery.com/event/tboy-the-ipo-tour-in-person-offering-8cdhupSeattle 11/4 (21+): https://www.axs.com/events/1446394/the-best-one-yet-ticketsNEWSLETTER:https://tboypod.com/newsletter OUR 2ND SHOW:Want more business storytelling from us? Check our weekly deepdive show, The Best Idea Yet: The untold origin story of the products you're obsessed with. Listen for free to The Best Idea Yet: https://wondery.com/links/the-best-idea-yet/NEW LISTENERSFill out our 2 minute survey: https://qualtricsxm88y5r986q.qualtrics.com/jfe/form/SV_dp1FDYiJgt6lHy6GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Linkedin (Nick): https://www.linkedin.com/in/nicolas-martell/Linkedin (Jack): https://www.linkedin.com/in/jack-crivici-kramer/Anything else: https://tboypod.com/ About Us: The daily pop-biz news show making today's top stories your business. Formerly known as Robinhood Snacks, The Best One Yet is hosted by Jack Crivici-Kramer & Nick Martell. Hosted on Acast. See acast.com/privacy for more information.