

Going All In On OpenAI, Rippling and Others | Bedrock Capital's Geoff Lewis On How How He Makes Investments | Ep. 6, IO Pod
Jan 3, 2024
VC titan Geoff Lewis from Bedrock Capital joins the podcast to share insights on venture capital and raising funds. He discusses assessing founders, the power of authenticity, when to double down on investments, and the OpenAI situation. They also talk about the future of social media and the challenges of regaining health in a technology-driven society.
AI Snips
Chapters
Transcript
Episode notes
Fund Upsizing for Concentration
- Bedrock Capital raised the size of its newest fund to concentrate capital in unique, transcendent tech companies.
- This allows them to independently lead large financing rounds without relying fully on syndicates.
Rippling's Crisis Fundraise
- Parker Conrad raised $500 million over a weekend after the Silicon Valley Bank collapse, demonstrating exceptional entrepreneurial skill.
- Geoff Lewis credits Parker's judgement in navigating crises as a key reason for their investment confidence.
Know Founders Deeply
- Spend extensive time getting to know entrepreneurs deeply before investing, ideally in person.
- Avoid making investments based solely on Zoom meetings to improve assessment quality.