Don valentine was a former water polo player for the navy, so when he took his shirt off, his authority went up, not down. And if you've got the personality of a former navy waterpillar playerd a physique of that, but also a bit of the personality that might go with that, and you're tough enough to not be intimidated by that kind of person, it opens your aperture to investments maybe other people could do. Ea, ass the point i was makingasi ta e for over is over and over. This is out there with people, kind of job deals ore, closhed in the hot tub, yet we're on the pike or swe
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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BUY "Power Law": https://www.amazon.com/Power-Law-Venture-Capital-Making/dp/B094PSKDZV