How Do Compounding Work?

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When you're evaluating something, what time horizon are you actually thinking about? You don't want to get caught in the hindsight bias. There is this thing you have to teach yourself because it's not instinctive and it's certainly something that we weren't wired up with statistical minds. And I found entrepreneurs that focus on the background ambition at the expense of the short term lose their teams. It doesn't allow for that sort of natural expression. Many of the challenges we have, ironically, are with companies that have childhood actor syndrome where boom, it happened.

In the 40th episode Benchmark’s Peter Fenton joins to discuss his early VC aspirations and path to get where he is now, the successful VC and entrepreneurial mindsets, plus inflation and the current market state. Rashad also joins to discuss Rahul Ligma, Twitter layoffs, and his brand new show No Agenda.

(0:00) Intro/Rahul Ligma

(04:56) Rashad’s new podcast “No Agenda”

(9:28) Introducing Peter Fenton

(17:06) Working at Accel

(24:59) Mentorship

(28:50) Benchmark

(39:21) Entrepreneurial mindset

(49:19) Successful founder characteristic

(54:08) Estimating timelines

(1:03:07) Everyone gets worse in venture over time

(1:13:48) VC websites

(1:19:18) Inflation

(1:26:55) Robert Sapolsky

(1:32:06) Outro

Show Notes:

Subscribe to No Agenda: https://open.spotify.com/show/2KHruq3qC0IKm5U9wOIjKZ?si=13bab75351d74c70

https://youtube.com/playlist?list=PLBgv57GHyNgjhl3CBB3XtXp2JylaVKdNs

Rahul Ligma: https://twitter.com/Rezowan_/status/1586047782351441920?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1586047782351441920%7Ctwgr%5Ef725476e02dc15cc5f19f20bc8c3527e61e44c4f%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.theverge.com%2F2022%2F10%2F28%2F23428775%2Ftwitter-fake-employee-layoff-rahul-ligma-elon-musk

Mixed and edited: Justin Hrabovsky

Produced: Andrew Nadeau and Rashad Assir

Executive Producer: Josh Machiz

Music: Griff Lawson

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A Saturday morning podcast hosted by Logan Bartlett (Partner and Managing Director at Redpoint Ventures) covering the tech news with his friends and other people with industry expertise.

Executive Producer: Rashad Assir

Producer: Leah Clapper

Mixing and editing: Justin Hrabovsky

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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.