

The NFX Podcast
NFX
We believe creating something of true significance starts with seeing things others do not. NFX is a venture firm exclusively focused on pre-seed & seed stage startups.
Episodes
Mentioned books

Mar 18, 2021 • 8min
The Founders' List: Nokia's CEO 'Burning Platform' Memo
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This is The Founders' List - audio versions of essays from technology’s most important leaders, selected by the founder community.
In 2007, Nokia's CEO Stephen Elop (a former Microsoft executive) was planning radical action to revive the company's fortunes on what they will do to stem the loss of market share, notably in the smartphone market, where despite being the biggest player it has been unable to compete with incomers, notably Google's Android and Apple's iOS.
"The first iPhone shipped in 2007, and we still don't have a product that is close to their experience. Android came on the scene just over 2 years ago, and this week they took our leadership position in smartphone volumes. Unbelievable."

Mar 17, 2021 • 50min
Gaming Superpowers for Non-Game Founders with Gabi Shalel (Plarium) & Gigi Levy-Weiss
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Gabi Shalel is an amazing games founder - he understands the type of innovation, fast iteration, and quality required to create a successful games company. These things are also very valuable for every founder, every startup.
So today, NFX General Partner Gigi Levy-Weiss talks to Gabi about the lessons he's learned from starting, growing, and selling Plarium for $500M that other founders can take and apply to their own startups, including:
- Psychology of ultra-fast iterations- People and Hiring- Pivoting- Social in your product- Conversion tactics- much more
Read the NFX essay here - https://www.nfx.com/post/gaming-superpowers-plarium

Mar 11, 2021 • 53min
The Founders' List: The Ethereum Whitepaper
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This introductory paper was originally published in 2013 by Vitalik Buterin, the founder of Ethereum, before the project's launch in 2015. It's worth noting that Ethereum, like many community-driven, open-source software projects, has evolved since its initial inception.
While several years old, they maintain this paper because it continues to serve as a useful reference and an accurate representation of Ethereum and its vision. From humble beginnings, Ethereum has grown into a well-known and widely used platform. The platform has also been responsible for launching hundreds of other cryptocurrencies and decentralized projects in recent years through a new fundraising mechanism called an Initial Coin Offering (ICO).
Read the full paper here - https://ethereum.org/en/whitepaper/

Mar 9, 2021 • 32min
The Founders' List: Berkshire Hathaway 2020 Annual Report from Warren Buffett
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This is The Founders' List - audio versions of essays from technology’s most important leaders, selected by the founder community.
Berkshire Hathaway Inc. (BRK.A, BRK.B) held its 2020 annual meeting of shareholders as a livestream-only event originating from its headquarters city of Omaha, Nebraska on May 2. This is the report from 2020 sent to all shareholders.
This is the letter he sent to all shareholders of Berkshire Hathaway Inc.
“The company’s sitting on about $150 billion in cash right now and it has $25 billion of earnings power, and Buffett has not found a lot to do with Berkshire’s earnings the last couple years in terms of buying businesses or stock market investments.”

Mar 9, 2021 • 5min
The Founders' List: Letter to Amazon Employees from Jeff Bezos
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This is The Founders' List - audio versions of essays from technology’s most important leaders, selected by the founder community.
Amazon's Jeff Bezos announced in February that he was stepping down as CEO of the e-commerce giant later this year. Bezos said he would transition to the executive chair of the company's board of directors and will focus on "new products and early initiatives.
This is the letter he sent to all employees at Amazon.
“Being the CEO of Amazon is a deep responsibility, and it’s consuming,” Bezos wrote in a letter to employees announcing his role change. “When you have a responsibility like that, it’s hard to put attention on anything else.”

Mar 4, 2021 • 15min
The Founders' List: Pete Flint on "How to Manage Hypercompetitive Markets"
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This is The Founders' List - audio versions of essays from technology’s most important leaders, selected by the founder community.
Inside the war rooms of companies locked in the battle for market leadership is an atmosphere of voracious competition. The stakes are high because whoever emerges on top can shape the future of an entire industry. It takes this competitive spirit to drive true innovation at scale, and the reality is that it’s often very cutthroat.
Pete Flint (General Partner at NFX) shares 7 key strategies he has identified to help Founders manage a hypercompetitive market and get ahead, including:- Becoming an expert on pricing- Finding and dominating the most profitable market segments- Everything that can be copied, will be copied- Taking the high road with competitors- Using capital as a competitive weapon- Focusing on being uniquely better, not just on being different- Managing your psychology is key
Hypercompetitive markets are tricky to navigate, but understanding the dynamics and having the right approach can make a big difference in outcome.
Read the full NFX Essay here - https://www.nfx.com/post/hypercompetitive-markets/

Mar 1, 2021 • 55min
BJ Fogg on Tiny Habits for Startup Founders with James Currier
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BJ Fogg is an American behavior scientist who is currently an Adjunct Professor at Stanford University and a New York Times best-selling author. He is the founder and director of the Behavior Design Lab.
BJ Fogg and James Currier talk to uncover how startup Founders can create better systems, both within themselves and within their companies and communities, so they can level up what we’re doing and put more good into the world. They cover topics like behavior design in tech and tech companies, mindset for Founders, examples of companies doing these things well, and tiny habits for Founders to focus on.
Pick up BJ Fogg's popular book here - https://www.amazon.com/Tiny-Habits-Changes-Change-Everything/dp/0358003326
Follow BJ on Twitter - https://twitter.com/bjfogg

Feb 25, 2021 • 5min
The Founders' List: The DoorDash Investment Memo from 2014
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This is The Founders' List - audio versions of essays from technology’s most important leaders, selected by the founder community.
In the Summer of 2013, DoorDash had a dream of building a real-time local delivery network for local commerce. This episode is the reading of an internal memo by Sequoia Capital Partner Alfred Lin in 2014 focused on the market and business of DoorDash before their Series A partnership.
DoorDash launched in Palo Alto, California in 2013. As of January 2020, it had the largest food delivery market share in the United States. DoorDash held its initial public offering on December 9, 2020.

Feb 22, 2021 • 26min
Good vs. Great Leaders with Carole Robin & James Currier
In this podcast, Carole Robin, an experienced leadership coach and co-founder of Leaders in Tech, discusses topics including seeking help as a founder, the impact of a course on leadership and personal transformation, challenges faced by startup founders, the importance of authenticity and establishing norms within a team, and the value of truth and feedback in leadership.

Feb 18, 2021 • 22min
Vitalik Buterin on Space, Longevity, Mars & More ("The B- Side" with Morgan Beller)
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Today we’re releasing the B-Side of our conversation with Vitalik Buterin, highlighting what may look strangely different in the coming decades. Here’s what great Founders know that others do not: What seems weird today may actually be signal of an outsized opportunity ahead.
Last week, Vitalik and I took a synchronous-but-separate walk together for 3 hours. I was in San Francisco at 4 pm and Vitalik was in Singapore at 8 am the next day, living in the future in more ways than one.
Read the full NFX Essay here - https://www.nfx.com/post/vitalik-buterin-the-b-sides/
Read the full NFX essay - https://www.nfx.com/post/vitalik-buterin-the-b-sides/