"Turpentine VC" | Venture Capital and Investing

E27: Compound’s Michael Dempsey on Thesis-Driven vs Founder-Driven Investing

24 snips
Feb 20, 2024
Guest
Michael Dempsey
Michael Dempsey, Managing Partner at Compound, discusses thesis-driven vs founder-driven investing, Compound's AI thesis, company building opportunities, ways to win at venture, advice for emerging managers, evolution of AI investing, exploring potential outcomes of increased capital, tech bio innovations, fertility investments, technical risk in venture capital investing, and strategies for seed fund managers in an insightful and engaging conversation.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Thesis-Driven Investing

  • Invest in asymmetrically upside categories and technologies that you uniquely understand.
  • Study these technologies at their genesis and exploit that understanding over multiple cycles.
INSIGHT

AI Thesis Evolution

  • Deep learning has evolved from a bleeding-edge technology to something accessible via APIs.
  • There are no unassailable moats in AI, requiring continuous innovation.
ADVICE

AI Opportunities

  • Focus on building highly opinionated AI products with a distinct taste.
  • Explore areas requiring real-world loops, like robotics or biology, for defensibility.
Get the Snipd Podcast app to discover more snips from this episode
Get the app