Jerry Neumann (@ganeumann), founder of Neu Venture Capital, joins Erik on this episode.
They discuss:
- Carlota Perez’s work and the implications for investors and founders, including what would change if VCs took her ideas seriously.
- What people misunderstand the most about moats.
- Why he wants to invest in situations where there is uncertainty, and what the right kind of uncertainty is.
- Whether you can predict what the next technological revolution will be, and why the predictions themselves end up shaping the future.
- Why he says that the power law distribution in venture is a result of the picking process.
- How he thinks about follow-on investments.
- Venture capital and poker.
- The reasons that the structure of venture funds hasn’t changed.
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