Impact of Interest Rates and Growth Rates on the Venture Ecosystem

Roger Ehrenberg of IA Ventures joins Erik on episode 8 of Turpentine VC to talk about his contrarian and opinionated view of how seed funds should operate, and how that's allowed him to generate 10x fund returns. If you’re looking to improve your sourcing, tracking, and due diligence, check out: https://synaptic.com/turpentine

We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.

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SPONSORS:

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Synaptic unifies over one hundred real-time company performance metrics across alternative datasets like user traffic, employee data, app downloads, product reviews, and more. It’s your all-in-one source for alternative data that helps you make better investment decisions. To learn how Synaptic can improve your sourcing, tracking, and due diligence, visit https://synaptic.com/turpentine

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RELATED SHOWS: If you like Turpentine VC, check out our show The Limited Partner with David Weisburd, where David talks to the investors behind the investors: https://link.chtbl.com/thelimitedpartner

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X / TWITTER:

@infoarbitrage (Roger)

@eriktorenberg (Erik)

@TurpentineVC

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TIMESTAMPS:

(00:00) Episode Preview

(01:20) IA Ventures' firm strategy

(03:30) Roger's thoughts on the rise of seed

(07:18) Would Roger do anything differently if he started IA today?

(11:14) Is the future of venture going to be craftsman or platform?

(15:42) Sponsor: Synaptic

(16:56) What players are going to favored in today's venture ecosystem?

(19:41) Roger's macro lesson on higher interest rates

(24:32) Prediction on where interest rates will normalize

(26:29) On the future for YC and a16z

(31:42) Lessons from crypto, and why Roger's excited about sports for the future

(36:53) Why more people should look into the sports space

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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.