Bloomberg Radio host Barry Ritholtz speaks with Albert Wenger, who is a managing partner at Union Square Ventures. Before joining USV, Wenger was the president of del.icio.us as well as an angel investor; he also founded or co-founded several companies. He holds a Ph.D. in information technology from MIT. See omnystudio.com/listener for privacy information.

In this discussion, Albert Wenger, managing partner at Union Square Ventures, dives into his journey from failed entrepreneur to respected VC. He critiques Elon Musk’s Twitter acquisition and emphasizes the need for better content moderation. Wenger also tackles pressing issues like income inequality, advocating for universal basic income as a solution. He discusses climate change, the necessity of civil disobedience, and explores innovative strategies for education and investment in a changing world. His insights are timely and thought-provoking.

We are in the midst of another global transformation, but this time we might have the tools to get it right.

Albert Wenger, partner at Union Square Ventures and author, joins the podcast to discuss the impact of AI on job loss. They debate whether AI will automate jobs, touch on UBI, and highlight the need for comprehensive changes beyond UBI to fix the broken social system.

First up, J+M discuss founder ambition and tools vs. platforms on VC Sunday School. (3:06) Then, USV's Albert Wenger joins to break down his firm's $162M climate fund, his book "The World After Capital", and more! (24:16) (0:00) J+M intro today's topics! (3:06) Evaluating founder ambition, tools vs. platforms (11:14) OpenPhone - Get an extra 20% off any plan for your first 6 months at https://openphone.com/twist  (12:48) How investors evaluate tools vs. platforms, and when/if something is "too hard" (19:50) J+M tee up today's TWiCS guest (22:50) SnackMagic - Get 10% cashback up to $1000 until October 15th with code HOLIDAY, and see more at snackmagic.com/twist (24:16) Molly welcomes USV Managing Partner Albert Wenger to discuss USV's $162M climate fund and the climate crisis investment opportunity (33:26) Coda - The All-in-one doc for teams, get a $1,000 credit at https://coda.io/twist (34:57) Albert discusses his book "The World After Capital", and the human attention problem FOLLOW Albert: https://twitter.com/albertwenger FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood Subscribe to our YouTube to watch all full episodes: https://www.youtube.com/channel/UCkkhmBWfS7pILYIk0izkc3A?sub_confirmation=1