This Week in Startups ANGEL: Surviving a down market, early VC stories & more with four-cycle investor Geoff Yang | E1676
Feb 11, 2023
Geoff Yang, co-founder of Redpoint Ventures with a mind for navigating venture capital since the 80s, shares his insights on surviving down markets. He discusses what sets standout CEOs apart and the traits that help companies thrive in tough times. Yang highlights the shift from growth to efficiency in corporate strategies and emphasizes the importance of resilience and adaptability. He also reflects on his favorite investments and the evolving impact of generative AI on entrepreneurship, blending innovation with principled decision-making.
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Four-Cycle Investor
- Geoff Yang, Redpoint Ventures co-founder, discusses his venture capital journey starting in 1985.
- He covers market downturns and their impact on startups, from Black Monday to the dot-com bust.
Early VC Interest
- Geoff's interest in VC began in high school after visiting a family friend at Exxon Enterprises.
- Inspired by their investments in tech companies like Atari and Quip, he pursued a career in venture capital.
Breaking into VC
- Breaking into VC requires persistence. Geoff sent letters and called numerous firms listed in Stan Pratt's Guide.
- Many firms preferred experienced executives, but he found an associate position at Smith Barney's venture arm.