This Week in Startups Sunday VC School: how investors work together + Prime Movers Lab's Ramez Naam | E1367
First, Jason teaches Sunday VC School: how investors work together (01:54). In this segment you will learn.:
- How collaboration varies across investing stages.
- How lead investors are determined and what their responsibilities are.
- The strategies you can use to win deals (Jason explains the pitch he gives to founders with options).
- The warning signs to watch for when working with other investors.
- Tactics founders can use for lower-friction fundraising.
Then, Molly chats with Ramez Naam from Prime Movers Lab in a This Week in Climate Startups segment (35:10). They discuss the declining costs of renewable energy, making the choice between advancing existing technologies and inventing new ones, how science fiction can make you a better investor and more.
(00:00) Jason and Molly introduce the show
(01:54) Sunday VC School - how investors work together
(06:53) How collaboration varies across investing stages
(08:43) Odoo - Get your first app free and a $1000 credit at https://odoo.com/twist
(09:49) Why seeing other late stage investors be passive in a deal is a warning sign
(11:20) How raising from more investors can be actually be easier than raising from a few
(15:44) Lead investor responsibilities
(20:09) Fellow - Sign up and get $1000 in credits at https://fellow.app/twist
(21:38) How VCs can win over founders
(26:44) Do VCs get offended by what order they get into a startup?
(29:16) Will investors still invest if the founder picked another VCs term sheet?
(31:33) Molly and Jason introduce the next segment
(33:25) Revelo - Get 20% off the first 3 months by mentioning TWIST at https://revelo.io/twist
(35:10) This Week in Climate Startups - Ramez Naam
(37:55) Advancing existing technologies vs. inventing new ones
(42:19) Early stage climate investing
(46:43) The declining costs of renewable energy
(52:52) Confronting climate tech skeptics
(57:06) How writing science fiction impacts Ramez's investing
Check out Prime Movers Lab: https://www.primemoverslab.com/
FOLLOW Ramez: https://twitter.com/ramez
FOLLOW Jason: https://linktr.ee/calacanis
FOLLOW Molly: https://twitter.com/mollywood