i feel like, after having talked to 250 people in silican vallew, you can't be shocked to hear from jason that someone would back travis again, or sebastian again. I mean, right? Like you're talking about exceptional, difficult, sometimes extremely smelly people. Steve jobbed me, seen, i jog mee. Steve justice in that ga asanmass wonder mistaken for steve jobs lestmesor your ba. Invent your capital a jason saying, rat now. Am i think it's, look, the ideal is you've got a founder who has both the audacity and the discipline, and understands that audacity should not
Huge interview today. "Power Law" author Sebastian Mallaby joins the show to break down some of the most important moments in VC history and his lessons from writing the book, including: the youth revolt (14:18), KP vs Sequoia (27:02), what makes a legendary VC (38:40), and more!
(0:00) Jason tees up today's interview with "Power Law" author Sebastian Mallaby
(1:42) Sebastian explains how and why he wrote a book on the history of VC
(13:13) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist
(14:18) The virtuous cycle of luck early in a VC career, youth revolt in startups, Zuckerberg spurning Sequoia
(26:02) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist
(27:02) Tom Perkins and the Kleiner Perkins rise and fall vs Sequoia's sustained dominance, KP's Genentech investment
(37:18) Harmonic - Get $4000 off at https://harmonic.ai/twist
(38:40) What characteristics make a legendary VC?
(56:29) Why are institutional LPs allocating more capital to VC, what happened with China's interest in the industry? Other investable industries other than software
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