How Many Startups Will Survive OpenAI? | E2288
This Week In Startups is made possible by:Pilot - https://Pilot.com/TWISTGrasshopper Bank - https://Grasshopper.bank/TWISTQuo - https://Quo.com/TWiSTPlaud - https://Plaud.ai/twistAnthropic just declared every unauthorized secondary sale of its stock "void" — naming Hiive, Forge, Sydecar, Upmarket, and others in a public hit list. Jason and Alex sit down with Jenny Fielding (Everywhere Ventures), Dave McClure (Practical VC), and Sam Lessin (Slow Ventures) to unpack what the AI lab’s move to limit secondary trades means for SPV operators, brokers, and the founders trying to keep control of their cap tables. Plus: a real story of a founder who returned a $15M Series A six months after closing because Claude was going to eat his startup, SaaS moats, and just what does it mean to be rich?Timestamps:0:00 Guest introductions0:48 Anthropic voids unauthorized SPV trades8:41 Accredited investor reform & the SEC sophisticated investor test8:58 Quo (formerly OpenPhone) - Quo gives you a clean, modern way to handle every customer call, text, and thread all in one place. Try it free at https://quo.com/TWiST11:43 Naval's USVC closed-end fund as a workaround16:41 Plaud: If your work depends on conversations — interviews, meetings, calls — you need a Plaud NotePin. You can check it out at https://Plaud.ai/twist and use code TWIST for 10% off!17:48 Pro-rata rights battles: when Series A investors push seed investors out19:36 Grasshopper Bank: Time is money. Don't waste either. Go to https://grasshopper.bank/twist and get an exclusive $500 cash bonus just for opening an account.29:13 Pilot: Focus on your product, let Pilot handle your bookkeeping. Pilot provides the most reliable accounting, CFO, and tax services for startups and small businesses. Head to https://pilot.com/twist and get $1,200 off your first year.30:23 Storing wealth in stories vs. cash flows34:19 Cerebras and Fervo Energy IPOs — meaningful liquidity?37:54 Will SpaceX, Anthropic, OpenAI IPOs redistribute capital or compound it?45:58 The $15M Series A founder who returned the money because of Claude50:01 Should founders pivot or return capital when the world changes?56:43 OpenAI's $6.6B tender and Shruti Gandhi's viral SF cost-of-living tweet1:00:25 Intercom rebrands to Fin: the AI-first late-stage pivotSubscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.comCheck out the TWIST500: https://www.twist500.comSubscribe to This Week in Startups on Apple: https://rb.gy/v19fcpFollow Lon:X: https://x.com/lonsFollow Alex:X: https://x.com/alexLinkedIn: https://www.linkedin.com/in/alexwilhelmFollow Jason:X: https://twitter.com/JasonLinkedIn: https://www.linkedin.com/in/jasoncalacanisCheck 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 McFarlandCheck out Jason’s suite of newsletters: https://substack.com/@calacanisFollow TWiST:Twitter: https://twitter.com/TWiStartupsYouTube: https://www.youtube.com/thisweekinInstagram: https://www.instagram.com/thisweekinstartupsTikTok: https://www.tiktok.com/@thisweekinstartupsSubstack: https://twistartups.substack.com
How to show up in any room with a low heart rate: Silicon Valley’s missing etiquette playbook | Sam Lessin
Sam Lessin is a partner at Slow Ventures, a former VP of Product at Facebook, and a two-time founder who’s now teaching etiquette to Silicon Valley’s founders. In this unconventional episode, Sam explains why proper etiquette has become a vital skill for founders in 2026—especially as technology becomes more central to society and trust becomes harder to build. His etiquette book and courses have become surprisingly popular, teaching founders how to “show up in a room with a low heart rate” and quickly build trust.
We discuss:
1. Why etiquette matters
2. Sam’s framework for showing up confidently, with a low heart rate, in any room
3. How to navigate introductions, small talk, meetings, and meals like a pro
4. Simple hacks for remembering names and handling awkward social situations
5. 30+ specific etiquette tips
—
Brought to you by:
10Web—Vibe-coding platform as an API
DX—The developer intelligence platform designed by leading researchers
WorkOS—Modern identity platform for B2B SaaS, free up to 1 million MAUs
—
Episode transcript: https://www.lennysnewsletter.com/p/silicon-valleys-missing-etiquette-playbook
—
Archive of all Lenny's Podcast transcripts:
https://www.dropbox.com/scl/fo/yxi4s2w998p1gvtpu4193/AMdNPR8AOw0lMklwtnC0TrQ?rlkey=j06x0nipoti519e0xgm23zsn9&st=ahz0fj11&dl=0
—
Where to find Sam Lessin:
• X: https://x.com/lessin
• LinkedIn: https://www.linkedin.com/in/wlessin
• Website: https://www.wlessin.com
• Podcast: https://moreorlesspod.com
• Lettermeme: https://lettermeme.com/lessin
—
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) Sam’s background
(04:18) The role of etiquette in business success
(09:30) Introductions and entering a room
(16:20) Engaging conversations and building relationships
(23:55) Hygiene and dress code essentials
(33:42) Dining etiquette
(37:15) Tipping etiquette
(41:36) The “B&D trick”
(43:05) Humor in social settings
(45:18) Self-deprecating humor
(47:42) Winding down conversations
(49:20) Scheduling etiquette
(55:23) Communication and email etiquette
(01:02:28) Meeting etiquette tips
(01:04:03) Virtual meeting best practices
(01:05:15) The importance of cleaning up after yourself
(01:05:58) Exiting and follow-up etiquette
(01:07:24) Final thoughts
(01:09:20) AI corner
(01:11:13) Contrarian corner
(01:16:25) Lightning round
—
Referenced:
• Y Combinator: https://www.ycombinator.com
• Kleiner Perkins: https://www.kleinerperkins.com
• “Lose Yourself” by Eminem on Spotify: https://open.spotify.com/track/7MJQ9Nfxzh8LPZ9e9u68Fq
• Alison Gopnik on Childhood Learning, AI as a Cultural Technology, and Rethinking Nature vs. Nurture: https://conversationswithtyler.com/episodes/alison-gopnik
• Garry Tan on LinkedIn: https://www.linkedin.com/in/garrytan
• Bain & Company: https://www.bain.com
• Evernote: https://evernote.com
• Calendly: https://calendly.com
• Morning Brew: https://www.morningbrew.com
• Cursor: https://cursor.com
• The rise of Cursor: The $300M ARR AI tool that engineers can’t stop using | Michael Truell (co-founder and CEO): https://www.lennysnewsletter.com/p/the-rise-of-cursor-michael-truell
• DigitalOcean: https://www.digitalocean.com
• Cloudflare: https://www.cloudflare.com
• SpaceX: https://www.spacex.com
• Marc Andreessen on X: https://x.com/pmarca
• Landman on Prime Video: https://www.amazon.com/Landman-Season-1/dp/B0D4D8RTMD
• Dave Morin on X: https://x.com/davemorin
—
Recommended books:
• Modern Etiquette in Technology, Finance, Society, and at Home: A Slow Ventures Handbook: https://www.amazon.com/Modern-Etiquette-Technology-Finance-Society-ebook/dp/B0G4HSKSY5
• Life, the Universe and Everything: https://www.amazon.com/Universe-Everything-Hitchhikers-Guide-Galaxy-ebook/dp/B001ODEQ7A
• The Ancient City: A Study on the Religion, Laws, and Institutions of Greece and Rome: https://www.amazon.com/Ancient-City-Religion-Institutions-Greece/dp/0801823048
• Man’s Search for Meaning: https://www.amazon.com/Mans-Search-Meaning-Viktor-Frankl-ebook/dp/B009U9S6FI
• Area 51: An Uncensored History of America’s Top Secret Military Base: https://www.amazon.com/Area-51-Uncensored-Americas-Military-ebook/dp/B004THU68Q
• The Lessons of History: https://www.amazon.com/Lessons-History-Will-Durant/dp/143914995X
• The Fish That Ate the Whale: The Life and Times of America’s Banana King: https://www.amazon.com/Fish-That-Ate-Whale-Americas/dp/1250033314
• The Last Kings of Shanghai: The Rival Jewish Dynasties That Helped Create Modern China: https://www.amazon.com/Last-Kings-Shanghai-Jewish-Dynasties/dp/0735224439
—
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
Slow Ventures' Creators Fund and Helion Energy's Fusion Reactors | 2084
This Week in Startups is brought to you by…
Vanta. Get $1000 off your SOC 2 athttps://www.vanta.com/twist
Northwest Registered Agent. Form your entire business identity in just 10 clicks and 10 minutes. Get more privacy, more options, and more done—visitnorthwestregisteredagent.com/twist today!
LinkedIn Ads. Get a $100 LinkedIn ad credit athttp://www.linkedin.com/thisweekinstartups
Today’s show: Jason and Alex cover…TBD
Timestamps:
(0:00) Episode Teaser(1:16) Welcome Alex Wilhelm & Sam Lessin; Slow Ventures Creator Fund(3:49) Significance of the $60M creator-focused fund(5:47) Community-building and product development strategy(7:02) Mr. Beast's success as a case study(9:41) Vanta. Get $1000 off your SOC 2 athttps://www.vanta.com/twist(11:17) Financial structures and strategies in creator investments(14:14) Addressing challenges in creator-focused investing(19:46) Northwest Registered Agent. Form your entire business identity in just 10 clicks and 10 minutes. Get more privacy, more options, and more done—visitnorthwestregisteredagent.com/twist today!(22:24) Startups optimizing operations in challenging climates(24:50) Transition to fusion energy and Helion's technology(27:46) Helion's fusion technology and CEO David Kirtley(29:16) Commercial fusion power timeline(29:43) LinkedIn Ads. Get a $100 LinkedIn ad credit athttp://www.linkedin.com/thisweekinstartups(32:12) Fusion energy's market potential and agreements(33:39) Comparing fusion to other energy sources(36:10) Safety and environmental considerations for fusion(43:00) Helion's upcoming milestones and team expansion(44:00) Lon Harris on AI, copyright, and fair use(47:00) Exploring fair use and IP infringement in AI(53:00) Market impact and licensing for AI technologies(56:00) Financial implications for AI and copyright(58:00) Distinguishing personal vs. commercial use of copyrighted material
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 Sam Lessin:
X:https://x.com/lessin
LinkedIn:https://www.linkedin.com/in/wlessin/
Follow Helion:
X:https://x.com/Helion_Energy
LinkedIn:https://www.linkedin.com/company/helion-energy/
Follow David Kirtley:
X:https://x.com/dekirtley
LinkedIn:https://www.linkedin.com/in/david-kirtley-490b8230/
Follow Alex:
X:https://x.com/alex
LinkedIn:https://www.linkedin.com/in/alexwilhelm
Follow Lon:
X:https://x.com/Lons
LinkedIn:https://www.linkedin.com/in/lonharris/
Follow Jason:
X:https://twitter.com/Jason
LinkedIn:https://www.linkedin.com/in/jasoncalacanis
Thank you to our partners:
(9:41) Vanta. Get $1000 off your SOC 2 athttps://www.vanta.com/twist(19:46) Northwest Registered Agent. Form your entire business identity in just 10 clicks and 10 minutes. Get more privacy, more options, and more done—visitnorthwestregisteredagent.com/twist today!(29:43) LinkedIn Ads. Get a $100 LinkedIn ad credit athttp://www.linkedin.com/thisweekinstartups
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
Subscribe to the Founder University Podcast:https://www.youtube.com/@founderuniversity1916
20VC Roundtable: NEW FORMAT: Why the Seed Investing Model is Broken, How to Make Money at Seed Moving Forward; Who Wins and Who Loses, Why Venture Value Add Platforms are BS and Failed and Why There Will be an IPO per Week in H2 2024
Sam Lessin is a Co-Founder and Partner @ Slow Ventures with a portfolio including the likes of Airtable, Robinhood, Slack, Solana, PillPack and many more unicorn companies. Prior to Slow, Sam was a VP Product at Facebook having sold his company to Meta.
Frank Rotman is a founding partner of QED Investors, one of the leading fintech-focused venture firms investing today with a portfolio including the likes of Klarna, Kavak, Quinto Andar, Credit Karma and more. As for Frank, prior to QED, Frank was one of the earliest analysts hired into Capital One and spent almost 13 years there helping build many of the company's business units and operational areas.
Jason Lemkin is the Founder @ SaaStr one of the best-performing early-stage venture funds focused on SaaS. In the past, Jason has led investments in Algolia, Pipedrive, Salesloft, TalkDesk, and RevenueCat to name a few. Prior to SaaStr, Jason was an entrepreneur, selling EchoSign to Adobe for $100M where it is now a $250M ARR product.
In Today's Discussion on Why Seed is Broken We Discuss:
1. The Seed Model Was Broken and What Comes Now:
Why does Sam Lessin believe the model for seed of a "factory line" was broken?
What does he believe will replace it?
Why does Jason Lemkin argue that this might not be the case for SaaS and enterprise?
2. Round Construction: YC, Multi-Stage Funds and Party Rounds:
Why does Sam Lessin believe we have seen the end of party rounds? Why does Jason Lemkin disagree and we will see more than ever?
Why does Sam Lessin believe the factory model of YC churning out companies is over? Where does Jason Lemkin believe the value lies in the YC model?
Will the multi-stage funds remain in seed? How has their entrance and deployment changed the seed market?
3. VC Value Add at Seed: Is it BS?
Why does Jason believe all talent arms in venture firms have failed?
Why does Sam believe that no VCs provide value?
Do the best founders really need help? Why do Jason and Sam disagree?
4. What Happens Now:
Why does Jason believe that every manager can write off their fund from 2021?
Who will be the winners in seed in the next 10 years?
Why does Sam believe if you want to bet on AI, just bet on Meta or Microsoft?
What will happen to the many companies with no PMF but 10 years of runway?
E35: Stability AI’s Emad Mostaque and Slow Ventures’ Sam Lessin Discuss Investing in AI
In this episode, Nathan Labenz and Erik Torenberg host a discussion between Emad Mostaque, founder of Stability AI, and Sam Lessin, GP of Slow Ventures and former VP Product at Facebook. These influential technology thinkers tackle topics pertinent to evaluating whether AI is a good investment for venture capital. They talk about the attention and information economy, SaaS markets, how AI-created entertainment will impact society and our relationships, and AI disruption of highly-regulated industries.
We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.
LINK FOR NATHAN'S LIVE EVENT IN SAN FRANCISCO:
Friday June 16th: Why AI with Athena: https://v4p9mjmurpv.typeform.com/to/llRcJSF9
TIMESTAMP:
(00:00) Episode Preview
(01:17) Nathan explains why we hosted a conversation with Emad and Sam
(08:25) Discussion kicks off: AI as an extender rather than a deck shuffler
(12:01) Is AI a disruptive or sustaining innovation?
(14:22) What is intelligence?
(16:00) The attention and information economy
(21:56) Storytelling, the stock market, and the economy
(23:23) Sponsor: Omneky
(23:50) AI in the media industry, Hollywood, and distribution
(29:10) Startups vs incumbents
(30:30) Disrupting highly-regulated industries
(32:30) AI in education: an AI tutor for every child
(35:15) AI as StackOverflow 2.0 for engineers
(37:23) Regulatory Arbitrage
(40:06) The oracle problem in AI
(42:00) Apple as the weakest BigTech player in AI
(44:30) AI in communities and the future of social media
(46:55) Replika on Valentine’s Day and AI-generated porn
(53:50) How does the market for inference shape up? Inference vs. cloud
(55:08) Price of primary care in US in the next decade
(55:38) What are the most likely incumbents to be disrupted?
(56:55) Will BigTech continue to opensource?
(58:56) Marriage rate in US in the future given AI
(01:00:24) Can any AI leader sustain high gross margins in the future?
(01:02:04) Stability’s business model
TWITTER:
@EMostaque (Emad)
@Lessin (Sam)
@CogRev_Podcast
@labenz (Nathan)
@eriktorenberg (Erik)
SPONSORS:
Shopify is the global commerce platform that helps you sell at every stage of your business. Shopify powers 10% of ALL eCommerce in the US. And Shopify's the global force behind Allbirds, Rothy's, and Brooklinen, and 1,000,000s of other entrepreneurs across 175 countries.From their all-in-one e-commerce platform, to their in-person POS system – wherever and whatever you're selling, Shopify's got you covered. With free Shopify Magic, sell more with less effort by whipping up captivating content that converts – from blog posts to product descriptions using AI. Sign up for $1/month trial period: https://shopify.com/cognitive
Thank you Omneky for sponsoring The Cognitive Revolution. Omneky is an omnichannel creative generation platform that lets you launch hundreds of thousands of ad iterations that actually work, customized across all platforms, with a click of a button. Omneky combines generative AI and real-time advertising data. Mention "Cog Rev" for 10% off.
This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co.
Download this episode as an mp3: https://chrt.fm/track/993DGA/traffic.megaphone.fm/RINTP2126380296.mp3?updated=1686676812
Music Credit: MusicLM
EP 27: Convo with Lux’s Josh Wolfe and Our Best/Worst Crypto Debate with Slow Venture’s Sam Lessin
Lux Capital’s Josh Wolfe joins to discuss startups in the current market, and the long-awaited release of the crypto debate between Zach Weinberg and Slow Venture’s Sam Lessin that got so heated we weren’t sure we could publish it.
(0:00) - Intro
(1:27) – Welcome Josh Wolfe
(3:10) – Market updates
(13:21) – Anti-bubble
(16:28) – Consolidation
(19:57) – Everything times pi
(22:35) – Welcome Sam Lessin
(25:43) – NY tech founders in ‘07
(30:44) – Slow Ventures
(33:12) – The crypto debate begins
(41:57) – On chain real estate
(49:19) – Legal protections
(1:03:10) – Does it hold up in court?
(1:09:52) – Final walk through
(1:14:42) – Bearer bonds
(1:19:58) – Zach’s reasons against crypto
(1:31:37) – Zach’s point
(1:33:51) – Carta for your DAU
(1:37:11) – Back to liquidity
(1:41:24) – Why is it not awesome?
(1:45:17) – Users
(1:52:40) – Unsettled case law
(2:00:29) – Final arguments
(2:04:10) – The boiling point
(2:06:59) – Maybe we can publish this part
(2:12:15) – Zach ending
(2:22:08) - Outro
Mixed and edited: Justin Hrabovsky
Produced: Andrew Nadeau and Rashad Assir
Executive Producer: Josh Machiz
Music: Griff Lawson
🎙 Listen to the show
Apple Podcasts: https://podcasts.apple.com/us/podcast...
Spotify: https://open.spotify.com/show/5WqBqDb...
Google Podcasts: https://podcasts.google.com/feed/aHR0...
Follow on Socials
📸 Instagram - https://instagram.com/cartoonavatars
🐦 Twitter - https://twitter.com/cartoonavatars
🎬 Clips on TikTok - https://www.tiktok.com/@cartoonavatars
About the Show
A Saturday morning podcast hosted by Logan Bartlett (Partner and Managing Director at Redpoint Ventures) covering the tech news with his friends and other people with industry expertise.
Executive Producer: Rashad Assir
Producer: Leah Clapper
Mixing and editing: Justin Hrabovsky
Check out Unsupervised Learning, Redpoint's AI Podcast: https://www.youtube.com/@UCUl-s_Vp-Kkk_XVyDylNwLA
🎥 Subscribe on YouTube: https://www.youtube.com/channel/UCugS0jD5IAdoqzjaNYzns7w?sub_confirmation=1
Follow on Socials
📸 Instagram - https://www.instagram.com/theloganbartlettshow
📱 X - https://twitter.com/loganbartshow
🎬 Clips on TikTok - https://www.tiktok.com/@theloganbartlettshow
About the Show
Logan Bartlett is a Software Investor at Redpoint Ventures - a Silicon Valley-based VC with $6B AUM and investments in Snowflake, DraftKings, Twilio, and Netflix. In each episode of The Logan Bartlett Show, we sit down with the people behind today’s most important startups and extract the tactics, lessons, and frameworks they’ve learned the hard way. Conversations span hiring to GTM, product, growth, fundraising and everything in between - collectively forming the ultimate playbook to make you a better CEO, investor or board member.
Tap follow and enable notifications to stay ahead of the game.
Why Sam Lessin is using the VC model to invest in individuals + Jason funds a startup on air | E1328
First, Sam Lessin of Slow Ventures joins to discuss how he is applying the venture model to invest in individuals, he just placed a $1.7M bet on a YouTube creator (4:10). Then, Jason brings on Chris Niblett, who is going through Founder University (41:40). They discuss Chris's company Bizzly, which is a "Patreon for small businesses," what can be improved, and Jason invests live on the show!
E1046: News Roundtable! TechCrunch’s Alex Wilhelm & Slow Ventures’ Sam Lessin on COVID’s potential privacy risk, private/public investor outlooks, remote work challenges & at-risk early-stage investors
0:37 Jason intro Alex Wilhelm & Sam Lessin & checks in on how their quarantines are going
5:59 Are they all working more during quarantine then they were beforehand?
9:58 Will we see a birthrate drop due to the crisis?
15:45 Having & raising children in the digital age/COVID crisis
18:24 How are Apple & Google helping with tracking COVID-19, and when do their efforts become a privacy risk?
27:29 For how long would big-tech need personal health data?
31:54 Differences between Facebook & Twitter, Twitter usage for Jason, Alex & Sam
37:41 What is Sam working on with Fin? How has he transitioned his team to remote?
39:47 Who will be impacted by the move away from luxurious big-tech campuses? Will it lead to a competitive disadvantage for companies that are hesitant?
56:19 Disconnect between optimistic public investors & pessimistic private investors
1:00:38 Why early-stage investors are most at-risk in the private market?
1:05:33 Misaligned metrics in VC, understanding massive unemployment numbers
1:11:26 Is government-backed healthcare good for capitalism & entrepreneurship?
20VC: Slow Ventures' Sam Lessin on How VC Forces Certain Companies To Exist and Makes It Difficult To Finance Others, Why Cities Won't Let Scooter Companies Be Profitable and Why Dapps Are A Concern and Where Emphasis Should Be Placed In Crypto
Sam Lessin is a Founding Partner @ Slow Ventures, one of the leading early-stage funds on the West Coast with a portfolio including the likes of Robinhood, Gusto, Pinterest, Casper, Postmates and many more incredible companies. Sam is also the Co-Founder & Co-CEO @ Fin Analytics, the startup that provides precision measurement and coaching for high-performance operations teams. Before founding Fin and Slow, Sam spent 4 years at Facebook as a VP of Product Management following their acquisition of his prior company, Drop.io.
In Today's Episode You Will Learn:
1.) How Sam made his way into the world of venture with the founding of Slow following the acquisition of his company and 4 years in product at Facebook?
2.) How does Sam think about the difference between investing small personal checks vs managing institutional funds? What is the subsequent effect on mindset when investing? How does one prevent an increased conservatism? What does Sam mean when he says "VC forces some businesses into existence and makes others hard to fund?
3.) Why does Sam believe that man + machine must have a symbiotic relationship in the future? What does this look like in reality? When comparing today to the industrial revolution, is Sam concerned by the increased rate of adoption today? What does this mean for different categories of work? Why does Sam believe we will need more philosophers?
4.) Why does Sam believe that too much emphasis in the world of crypto is placed on Dapps? Why is he concerned by Dapps? What are of crypto does Sam believe is most exciting and investable today? Does Sam agree with Elad Gil that we will see the re-centralisation of talent back to the valley with the scaling of crypto co's?
5.) On governments, why does Sam not believe that both local and national governments will allow scooter companies to become meaningfully profitable in the future? How does Sam think about the balance and trade-off between privacy and security that faces many governments today?
Items Mentioned In Today's Show:
Sam's Fave Book: Lessons of History
Sam's Most Recent Investment: Fetcher.ai
As always you can follow Harry, The Twenty Minute VC and Sam on Twitter here!
Likewise, you can follow Harry on Instagram here for mojito madness and all things 20VC.
20VC: Sam Lessin on Why Bots Will Change Business & The Internet Has Mostly Failed
Sam Lessin is a Partner at Slow Ventures who have made investments in the likes of Facebook, Twitter, Mattermark, AngelList,Dropbox and many more. On top of this, Sam is also the Founder and Co-CEO at Fin, which is basically like Siri Echo or Google now except it actually works, truly a phenomenal product. Prior to Fin and Slow, Sam was VP of Product Management at Facebook following the acquisition of his company, Drop.io by Facebook in 2010. Sam is also an intern at The Information where he reports directly to the boss Jessica Lessin!
In Today's Episode You Will Learn: 1.) How did Sam come to found Fin and what was his route into VC with Slow?
2.) What are the fundamental shifts that have occurred in the world of tech? How has this affected the wider tech and investing ecosystem?
3.) Will the transition to bots and conversational interfaces represent a major point of disruption or more of an evolution in the interface paradigm?
4.) How can bots establish the same relationship and stickiness with the user as apps? In a world of bot domination where strong data sets is the ultimate weapon, are we not at a fundamental incumbency disadvantage? How can the platforms react to this?
5.) What will the effect of self driving cars be on society? How long before this was be possible? How does the sharing economy and capitalism survive in unison?
Items Mentioned In Today's Episode:
Sam's Fave Book: The Three-Body Problem
Sam's Fave Blog: The Information
Sam's Most Recent Investment: Common
As always you can follow The Twenty Minute VC, Harry and Sam on Twitter here! If you would like to see a more colourful side to Harry with many a mojito session, you can follow him on Instagram here! The Twenty Minute VC is brought to you by Leesa, the Warby Parker or TOMS shoes of the mattress industry. Lees have done away with the terrible mattress showroom buying experience by creating a luxury premium foam mattress that is order completely online and ships for free to your doorstep. The 10 inch mattress comes in all sizes and is engineered with 3 unique foam layers for a universal, adaptive feel, including 2 inches of memory foam and 2 inches of a really cool latex foam called Avena, design to keep you cool. All Leesa mattresses are 100% US or UK made and for every 10 mattresses they sell, they donate one to a shelter. Go to Leesa.com/VC and enter the promo code VC75 to get $75 off!
Episode 66: Sam Lessin
This week’s episode is with Sam Lessin. Sam is partner at slow ventures and founder of Fin, which aims to eclipse Siri by building something like the technology from the movie "Her". Sam has made a name for himself both as an operator and investor, having started and sold Drop to Facebook and invested in companies such as Venmo, Birchbox, and Makerbot. In this episode we discuss his philosophy behind angel investing, product management, his college friendship and connection with Mark Zuckerberg, and why, if he was to give a controversial TED Talk right now, it would be about the end of capitalism. Edited by @alexkontis Lavish Praise to @lessin Constructive Criticism to @eriktorenberg
.jpg?width=400){kind=small}