How to Survive in a Downturn

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The first thing is surviving, right? And so it feels to me like this is a period of time that's more like the GFC kind of correction than it is like the internet bubble bursting correction where we got a ton of excess capacity and a bunch of business models that really didn't work yet. The second thing that I think people do is they then change their philosophy on how to get expenses. They start layering expenses with revenue, not in advance of it. Fourth is spend time with your team, you know, be present, right? It's a very, it shakes the confidence of everybody when they see what's happening out there in the world.

Four-cycle investor and Redpoint Ventures Co-Founder Geoff Yang joins to discuss his early years in VC (1:45), what it takes for a founder to survive in a down market (11:47), what makes CEOs like Frank Slootman and David Zaslav stand out, and more! (43:35)

(0:00) Jason kicks off the show

(1:45) Geoff Yang’s experience cracking into VC

(10:26) LinkedIn Jobs - Go to https://linkedIn.com/angel and post your first job for free.

(11:47) Surviving and thriving in a down market

(22:35) First Republic Bank - Discover what a long-term financial relationship can do for you. Visit https://firstrepublic.com today to learn more.

(23:29) Being flexible and understanding risk as an entrepreneur

(30:00) Accomplishing the most with the least

(34:05) ProsperStack - Take 10% off your subscription by mentioning TWIST at https://prosperstack.com/twist

(35:17) Geoff’s favorite investments

(43:35) Working with David Zaslav

(50:57) What’s next for Geoff + Generative AI

FOLLOW Geoff: https://twitter.com/geoff_yang