"Turpentine VC" | Venture Capital and Investing

E59: Mike Maples Jr. on Disruptive Investing

19 snips
Oct 10, 2024
Guest
Mike Maples Jr.
Mike Maples Jr., Founding Partner at Floodgate and author of "Pattern Breakers," shares insights from his experiences investing in groundbreaking startups like Lyft and Twitter. He discusses the importance of non-consensus thinking and identifying unique founder traits. The conversation delves into the critical role of inflection points in entrepreneurship, shaping product-market fit, and the strategies for navigating investment challenges. Maples emphasizes staying true to one's vision and the value of originality in venture capital.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Startup Capitalists

  • Startup capitalists create value by changing the subject, unlike traditional capitalists who focus on compounding.
  • They invest in founders who propose radically different futures and challenge the status quo.
ANECDOTE

Twitter Investment

  • Mike Maples Jr. invested in Twitter after its initial success at South by Southwest.
  • Ev Williams, Twitter's founder, prioritized simplicity and microblogging.
INSIGHT

Pivots and Founder Fit

  • Most of Mike Maples Jr.'s successful investments were pivots from the original idea.
  • This led him to realize the importance of founder future fit.
Get the Snipd Podcast app to discover more snips from this episode
Get the app