#38 Mayfield: On Building a People First Culture and 50+ Years in Venture Capital | Rishi Garg, Partner

In Episode #38, we explore building a people first culture and 50+ years in venture capital. With Rishi Garg, Partner at Mayfield. We cover the importance of trust between founders and investors, building a people-first culture, and big waves in internet investing from Netscape to digital identities. “The purpose of the startup community is to take a tiny amount of human and financial capital and create a single product, usually, a single thing, an insight that, through incredible intensity, can be used to break open a market and achieve unusual skill.” – Rishi Garg EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/rishi-garg1-outlier-academy-show-notes  FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/rishi-garg-outlier-academy-transcript  CHAPTERS This episode is our guide to building a people first culture in venture capital. In it we cover: (00:00:00) – Introduction (00:01:14) – Rishi’s background and work at MTV, Square, and Twitter (00:04:24) – Defining business development and the core skills needed for the role (00:19:27) – Managing M&A as a founder (00:27:11) – On joining Mayfield and returning to the VC world (00:32:37) – The “people first” culture at Mayfield (00:37:30) – The importance of trust between founders and investors (00:38:48) – Big waves in internet investing, from Netscape to digital identities ABOUT MAYFIELD Mayfield is a global venture capital firm with a 50+ year history of investing in relationships with entrepreneurs from inception to iconic. Rishi Garg co-leads Mayfield’s Consumer investment practice. He was an early executive at Square and co-founded FanSnap. 💌 FREE NEWSLETTER https://www.outlieracademy.com/newsletter 🎙 LISTEN ON iTunes: https://podcasts.apple.com/us/podcast/outlier-academy/id1523851182 Spotify: https://open.spotify.com/show/58edVNgqaPNaCSGSxM6pef?si=88f37a5d20434775 Overcast: https://overcast.fm/itunes1523851182 ABOUT OUTLIER ACADEMY Learn timeless lessons on work and life from iconic founders, world-renown investors, and bestselling authors. Outlier Academy is the forever school for those chasing greatness. Past guests include Gokul Rajaram of DoorDash, Scott Belsky of Benchmark and Adobe, Joey Krug of Pantera Capital, Mark Sisson of Primal Kitchen, Luke Gromen of The Forest for the Trees, and Brian Scudamore of 1-800-GOT-JUNK. Website: https://www.outlieracademy.com Twitter: https://www.twitter.com/outlieracademy ABOUT DANIEL SCRIVNER Outlier Academy is hosted by Daniel Scrivner. Over the last 15 years, Daniel has led design teams at Square and Apple, turned around a $3M+ ARR SaaS business, and invested in more than 100 companies. He launched Outlier Academy in 2020 to learn from the world’s best founders, investors, authors, and peak performance experts. Website: https://www.danielscrivner.com Twitter: https://www.twitter.com/danielscrivner Learn more about your ad choices. Visit megaphone.fm/adchoices