Fabrice Grinda, a venture capitalist, discusses macroeconomics, VC bubbles, and geopolitical threats. He emphasizes the risk of raising too much money at high valuations. Grinda also explores his investments in the U.S. and crypto, touching on stablecoins and regulatory compliance. Additionally, he delves into AI in public and private markets, highlighting potential beneficiaries in the industry.

Fabrice Grinda is the Founding Partner @ FJ Labs, with over 700 investments, Fabrice has had over 250 exits and built a portfolio including Alibaba, Coupang, Airbnb, Instacart, Flexport, and Delivery Hero, and many more. Prior to FJ Labs, Fabrice served as CEO for three multinational companies; including OLX, one of the largest websites in the world with over 300 million unique visitors per month. As a result of his incredible investing success, Fabrice was named the #1 Angel Investor in the world by Forbes. In Today's Episode with Fabrice Grinda: 1.) Everything Great Starts Small: How did Fabrice make his way into the world of investing from founding 3 companies? How does Fabrice feel about founders raising funds with external LPs? Why does Fabrice feel that investing as an angel made him a better CEO? 2.) WTF is Going On: The Market Today How does Fabrice assess what is happening in the market today? What is causing the massive public market drops we are seeing? How do inflation rates and interest rates have such an impact on where we are? How much of this is a result of COVID, the shift to goods from services and supply chains? 3.) The Optimistic Case: How does Fabrice think things could get better from here? What needs to happen? What could the Fed do to enable this optimistic outcome to take place? What would need to happen in geo-politics and Russia for this to happen? What is the probability today of this optimistic case happening? 4.) The Great Stagnation: How does Fabrice think the economy could go sideways from here? What are the core drivers of this? Why is this the most likely outcome of all? What is the probability of this happening? 5.) The Catastrophe: How could this market get so much worse? What level of interest rate change would cause this outcome to occur? Why does Fabrice think that Switzerland is a "House of Cards"? What would this mean if Switzerland fell? What other European countries does Fabrice think are vulnerable? 6.) What this Means for Venture: How will LPs respond to these differing situations? How does this impact how Fabrice thinks about his rate of deployment? What segment of the market is Fabrice most excited for; early or growth? Mentioned in Today's Episode with Fabrice Grinda: Fabrice's Favourite Book: Sapiens: A Brief History of Humankind

Fabrice Grinda, Mitbegründer von FJ Labs und erfahrener Investor in über 1.100 Marktplätze, teilt seine Erkenntnisse über zukünftige Trends bis 2025. Er spricht über die Erholung im Venture Capital und die wachsende Bedeutung von B2B-Marktplätzen. KI wird als Schlüssel zur Effizienzsteigerung in Startups betrachtet, während IPOs weiterhin eine Herausforderung darstellen. Grinda beleuchtet innovative Ansätze wie die Tokenisierung für Kapitalbeschaffung und skizziert zentrale Trends wie Live Commerce und die Digitalisierung von KMUs.

Three unicorn founders turned investors, Cristina Fonseca, Fabrice Grinda, and Paul Forster, discuss imposter syndrome, acquiring market share globally, lessons from successful and unsuccessful startups, and transitioning to investors post-exits.

Watch the full episode on YouTube: https://youtu.be/SGPMfHxFmgo Fabrice Grinda has been called the most prolific angel investor in the world, even being ranked #1 in Forbes based on investment volume + number of exits. He’s exited hundreds of millions of dollars from 500+ investments in companies like Alibaba, Viagogo, Tencent, Airbnb, Betterment, Uber, Fanduel & Palantir. Before setting up his “startup studio” & investment fund, he started and sold multiple companies including OLX, the leading “Craigslist” marketplace of countries like India, Brazil & Pakistan. But things weren’t always so rosy. Fabrice shares stories of living on $2/day, living in his office because he couldn’t afford an apartment & missing payroll 27 times! We also discuss the future of marketplaces, how he’d think of business ideas if starting today, the science of happiness, minimalism, and why we’re still at the very beginning of the tech revolution. Here are five things to listen out for: Reasons to be optimistic – why we’re the luckiest people in the world to be alive at this time and why we’re only at 1% of the tech revolution Minimalism – from living on a 20-acre estate in Bedford, New York, to “island shopping” and then selling all his possessions – Fabrice has lived both extremes and shares his perspective on a healthy balance The Science of Happiness – factors that make people happy and hacks to maximize your own “mean level of happiness” The Future of Marketplaces – 3 trends in marketplace businesses and a framework for thinking about business ideas How Venture Capital Works – the typical startup fundraising cycle, from initial investment to venture capital at series A, B, C etc. CONNECT ON SOCIAL: https://www.instagram.com/creatorlabfm https://www.instagram.com/bzaidi212 Full show notes: https://www.creatorlab.fm/fabrice-grinda-fj-labs-interview/ Thank you to our sponsors who help make this show possible: SquareFoot, where growing companies find their place, check out SquareFoot.com/creatorlab to find your next office space Instasleep Mint Melts, the drug-free sleep aid that melts in your mouth. Use the code “creator8” to get 20% off your order on Amazon.