E23: Tomasz Tunguz on the Theory Behind Theory Ventures
"Turpentine VC" | Venture Capital and Investing
Exploring LPs and venture firm fundraising
Exploring the benefits of Shopify and NetSuite as sponsors, discussing LPs' investment mandates, asset allocation, and return expectations for funding rounds.
In this episode of Turpentine VC, Tomasz Tunguz, General Partner at Theory Ventures, joins Erik Torenberg to discuss the Theory Ventures model, the coming contraction in investable VC dollars, the parallels between PE and VC, and much more. If you’re looking for an ERP platform, check out our sponsor, NetSuite: http://netsuite.com/turpentine
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X / TWITTER:
@ttunguz (Tom)
@Theoryvc (Theory Ventures)
@eriktorenberg (Erik)
@cjgustafson222 (CJ)
@TurpentineVC
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TIMESTAMPS:
(00:00) Episode Preview
(01:02) The Theory Behind Theory Ventures
(05:23) Advice for Emerging Managers
(08:29) How to Play AI as a VC
(11:02) Sectors/Technologies Tom Finds Appealing
(12:47) Biggest Data Trends in VC
(18:13) Replacing Founders
(22:54) The Journey of a Founder to IPO
(28:15) Qualities of a Great CFO
(31:14) Sponsor - Netsuite and Shopify
(34:13) The Universe of LPs
(36:56) The Future of Multi-Stage Venture Firms
(39:02) The Future of Venture Capital Industry
(41:45) Tom's Economic Outlook
(48:23) The Future of Theory Ventures
(51:12) The Future of Accelerators
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This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co.
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