This Week in Startups cover image

This Week in Startups

E34: “Angel” Podcast: George Zachary, General Partner at CRV shares insights on cancer scare shifting his focus to investing in health-tech, passing on Google at MDV, CRISPR & “designer babies”, coronavirus threat, origins of Sand Hill Road & more!

Feb 19, 2020
02:03:31
0:50 Jason intros CRV's George Zachary
2:20 Passing on Google at MDV and coming to peace with the anti-portfolio
5:51 Differences between leadership & management, where Steve Jobs, Larry & Sergey fell on that scale
10:27 Why 1990's VC was sales & marketing-driven instead of product-driven as it is now
12:52 What shifted the philosophy to product-driven businesses?
18:00 Meeting Elon Musk in the 1990's and backing Zip2
21:59 What were Seed investors like in the '90s? Origins of Sand Hill Road
25:48 Elon pitching Zip2 to a conglomerate of venture firms & selling Zip2 for cash
28:07 How VCs can be conceptually right and wrong in the outcome, how X.com merged with Confinity and became PayPal
33:27 Why is it harder to 3x the massive venture funds? How is age a limiting factor in VC?
40:28 "It doesn't make a difference what you pass on. It only takes 1 company to make your career." Positive & negative feedback cycles in VC.
42:54 Battling through multiple portfolio companies dying at once
44:15 What was George's biggest investment hit, both economically & personal fulfillment?
52:37 George describes his recent health scares and how they shifted his investment focus
1:04:06 Reasons the life-expectancy in the US has gone sideways in recent years
1:07:39 Potential health-tech advancements in the near future
1:21:58 Thoughts on CRISPR & "designer babies"
1:30:27 Cell-based fish & meat
1:37:32 Potential coronavirus repercussions - what's real and what's not?
1:55:13 Jason calls for eliminating handshakes

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode