Venture Capital

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New ideas will come through established companies. They'll be funded by private equity, they'll happen in china. But the exact formula where you can afford to make so many mistakes because the hits are o big is a mystery. To what extent does v c rely on that kind of rapid scale ability that may not come back? And that's why the industry came about at a time when softwar happened,. and we had this softwear is very unlike any other good.

Founders aren’t superheroes, says Sam Altman.They may play extreme sports, respond to emails within seconds, and start billion-dollar companies, but they are rarely the product of extraordinary circumstance. In fact, they tend to be solidly upper-middle class, reasonably smart, and with loving parents.

So would Sam fund Peter Parker? What about Bruce Wayne?

Tyler and Sam discuss these burning questions and more, including what’s wrong with San Francisco, Napoleon’s underrated skill, nuclear energy, the greatest invention of the Industrial Revolution, his rant against coworking spaces, UBI and AGI, risk and regret, optimism and beauty, and why venture capitalists don’t have superpowers either.

Read a full transcript enhanced with helpful links.

Recorded January 28th, 2019 Other ways to connect

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