The Artisanal Quality of Venture Capital

6min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

I think we've definitely seen more and more finance people just purely get into the industry and having grown up in finance. And I recognize that there is still this artisanal quality of helping founders. We're just an earlier stage hedge fund in some ways. But I do feel like we've moved away. We've lost sight of what we really all are about as an industry, really about helping entrepreneurs build companies. It's the hardest job in the world. So figuring out how to help them and being focused on that is your primary goal.

Scott Raney and Satish Dharmaraj are Redpoint's most senior investors and both appeared on the Forbes Midas List in 2022. Having invested in companies like Stripe, HashiCorp, Snowflake, and Sonos - they go through their perspectives on where everything's headed, AI, the venture ecosystem as it stands, how our partnership works, and more.

(0:00) Intro

(1:24) Welcome Satish and Scott

(7:27) Venture firm structures

(19:02) Partner dynamics

(27:31) Operating with imperfect information

(32:52) How do you think about pricing?

(37:10) Great managers vs great leaders

(40:16) Getting into venture

(48:32) Thoughts on AI

(54:04) VC Industry dynamics and trends

Show Notes:

https://www.redpoint.com/our-people/satish-dharmaraj/

https://www.forbes.com/profile/satish-dharmaraj/?sh=5567bf761409

https://www.redpoint.com/our-people/scott-raney/

https://www.forbes.com/profile/scott-raney/?sh=6f67cc227fbb

Satish Dharmaraj is an American entrepreneur, speaker, angel investor and venture capitalist, who currently serves as a general partner with Redpoint Ventures. In 2021, he was placed #6 on the Forbes Midas List of top 100 Venture Capital investors. Prior to Redpoint Ventures, Satish Dharmaraj founded Zimbra, which he then sold to Yahoo! for $350 million, in 2007.

Scott Raney is a Partner with Redpoint Ventures focusing on information and consumer technology with a particular emphasis on cloud computing, on-demand software, enterprise infrastructure, and mobile apps and platforms. In 2022, he was placed #39 on the Forbes Midas List of top 100 Venture Capital investors. Prior to venture capital, Raney worked at two startups that ultimately went out of business.

Mixed and edited: Justin Hrabovsky

Produced: Rashad Assir

Executive Producer: Josh Machiz

Music: Griff Lawson

🎙 Listen to the show

Apple Podcasts: https://podcasts.apple.com/us/podcast/three-cartoon-avatars/id1606770839

Spotify: https://open.spotify.com/show/5WqBqDb4br3LlyVrdqOYYb?si=3076e6c1b5c94d63&nd=1

Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5zaW1wbGVjYXN0LmNvbS9zb0hJZkhWbg

🎥 Subscribe on YouTube: https://www.youtube.com/channel/UCugS0jD5IAdoqzjaNYzns7w?sub_confirmation=1

Follow on Socials

📸 Instagram - https://www.instagram.com/theloganbartlettshow

🐦 Twitter - 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, Netflix. In each episode, Logan goes behind the scenes with world-class entrepreneurs and investors. If you're interested in the real inside baseball of tech, entrepreneurship, and start-up investing, tune in every Friday for new episodes.

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

🎙 Listen to the show

Apple Podcasts: https://podcasts.apple.com/us/podcast/the-logan-bartlett-show/id1606770839

Spotify: https://open.spotify.com/show/5WqBqDb4br3LlyVrdqOYYb?si=3076e6c1b5c94d63&nd=1

Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5zaW1wbGVjYXN0LmNvbS9zb0hJZkhWbg

🎥 Subscribe on YouTube: https://www.youtube.com/channel/UCugS0jD5IAdoqzjaNYzns7w?sub_confirmation=1

Follow on Socials

📸 Instagram - https://www.instagram.com/theloganbartlettshow

🐦 Twitter - 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, Logan goes behind the scenes with world-class entrepreneurs and investors. If you're interested in the real inside baseball of tech, entrepreneurship, and start-up investing, tune in every Friday for new episodes.