In this episode, Erasmus Elsner is talking to Mike Ghaffary, GP at Canvas Ventures.

00:00 Intro

02:21 Swiss army knife of education

04:04 Business school after Dotcom bubble burst

05:06 Founding Stitcher

06:14 Focusing on news

08:03 Becoming CEO of Eat24

09:39 Growing Eat24 to $700m top line

10:45 Food delivery wars

11:55 Grubhub Partnership that never launched

13:12 Jeremy Stoppelman and Steve Jobs on search on mobile

14:30 Becoming a successful angel investor

15:35 Making the most expensive iPhone app ever

16:37 Angel investment in Strava

17:20 Angel investment in Superhuman

17:50 Joining Social Capital

19:58 Mike’s experience at Social Capital

20:28 CloudKitchens investment

21:30 HubHaus investment

22:37 Joining Canvas Ventures

24:04 Flyhomes investment

27:52 Marketplace Deep Dive

28:27 Lenny Rachitsky: focus on supply or demand side?

30:06 Thomas Eisenmann: Two-sided networks

30:57 Uber: demand side vs. supply side subsidies

32:09 Local vs. global network effects

33:24 Sarah Tavel (Benchmark) on unlocking new supply

34:21 Local delivery war zones

35:36 Uber Eats entering the market

37:04 Public vs. privately held delivery war contenders

38:54 Marketplace take rate

40:38 Out-of bound marketplace take rates

41:57 Zero percent take rate

A Libertarian Message to The Great Jimmy Dore #AntiNeoLiberalAlliance