Crazy Until It's Not: Startups, Venture Capital & Big Ideas cover image

Crazy Until It's Not: Startups, Venture Capital & Big Ideas

Latest episodes

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Oct 28, 2022 • 42min

We are going to become our own physicians | Josh Clemente | Levels | firstminute capital

Who wants to add Dr. to their names? Soon, we’ll become our own physicians. This is the CEO and founder of Levels, Josh Clemente’s crazy prediction. Clemente discusses his health battles and experiments he conducted while working at Space X. These all led to the founding of Levels, a monitor and service which tracks your metabolic health.So, how will we become our own physicians?Thanks to innovations in the health sector, we are able to access our personal health data in real-time more than ever. Although this is not necessarily new, we also now have the tools to interpret the data and control our health. We specifically discuss the significance of glucose to our metabolic health and the four key stressors that humans struggle with in our day-to-day lives. We’ll let you in on the secret, they’re stress control, nutrition management, exercise and sleep quality. Josh also doesn’t separate mental health from physical health as he explains these are all one system working together for our overall Health.Health is wealth and we’re investing in ourselves and our newfound control! 💸Let us know what you think of this idea and this podcast at michael@firstminute.capitalAlso...If you're in the UK, you can join the Levels waitlist here: levels.link/CRAZYUNTILITSNOT Levels website: levelshealth.comLevels Instagram & Twitter: @levelsLevels blog: levelshealth.com/blog
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Oct 18, 2022 • 29min

Quantum computers will solve chemistry | Steve Brierley | Riverlane | firstminute capital

Quantum computers will solve all of chemistry (and a large part of physics). That's the latest big prediction on the "Crazy Until It's Not" podcast, this time by Steve Brierley, the founder and CEO of the quantum computing startup Riverlane.What does Steve really mean though by "solving" chemistry?The idea, says Steve, is that we will soon be able to model on a quantum computer what happens on the scale of molecules and atoms. This means we will be able to predict how they will interact on a computer, rather than having to do tests in the lab.This has huge implications for science. Imagine what we could do if whole fields of science could be vastly speeded up by modelling them digitally. Imagine what we could create in areas such as new materials, superconductors and batteries. At the moment, with conventional computing, modelling chemical interactions is hugely complex and computers are not powerful enough to do it on a large scale (i.e it would take a computer vastly bigger than the world to model these equasions)  But with the rise of quantum computing, the microscopic interactions of molecules and atoms obeying the laws of quantum mechanics are becoming possible to model.How will quantum computing solve "much of physics"? Well, much of the physical world follows Newtonian laws (e.g how ball moves around a football pitch). But, Steve says, there are exciting areas such as cosmology where quantum computers could be helpful, for example helping us understand black holes.Who is Steve? Steve founded Riverlane, which is building the Operating System for error corrected quantum computers, in 2016, because of his belief that fault-tolerant quantum computers will be capable of accelerating a significant era of human progress and could be built far sooner than previously imaginable. Today, Riverlane is well on its way to achieving that mission. Steve has worked in quantum for 20 years and is an expert advisor to the UK government. He holds a PhD in quantum information and has spent almost a decade in the intelligence community as a Senior Research Fellow at the University of Cambridge, leading major research projects in quantum computing.
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Sep 19, 2022 • 42min

Social Media Will Be Decentralised | Esteban Ordano | Decentraland | firstminute capital

Social media will be decentralised. That is the big bold prediction of Esteban Ordano, the co-founder of Decentraland.How come? Well, the answer is simple: because a decentralised social media would be much better. Find out why exactly on this podcast. Let us know what you think of this idea at michael@firstminute.capital
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8 snips
Sep 4, 2022 • 46min

Kids Will Start Reading At Two-Years Old | Mike Maples | Floodgate | firstminute capital

Children as young as two-years-old may soon start reading thanks to education apps accelerating the learning process. Bureaucracy and old teaching methods are the main obstacles to a better education system. The podcast discusses personalized learning, challenges in the K-12 system, creating superior products, and the shift to a computational economy.
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Jul 18, 2022 • 48min

More People Will Make a Living Gaming Than Making Cars | Robby Yung | Animoca Brands | firstminute capital

In a few years' time, there will be more people making a living playing video games than making cars. So more people making money from just PLAYING video games they enjoy than in making the 80m cars that are made every year.That sounds crazy!That at any rate is the big bold prediction of Robby Yung, the CEO of Animoca Brands, one of the leading blockchain gaming companies.He is talking about the mega move out there from play-to-play gaming (where you pay money for a game and then you just play it) to play-to-earn gaming (where you are in some way rewarded financially for playing).After listening to the podcast though, you might not think it's so crazy after all!
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Jun 8, 2021 • 48min

My firstminute | Julia Collins, Zume, Planet FWD, Moonshot | Pam Kostka, All Raise, Operator Collective

Julia Collins is not only known for co-founding Planet FWD and Zume Pizza, but she’s also known for her kindness and what she calls ‘realistic optimism’. In conversation with Pam Kostka, Julia shares her secrets on how she stays kind and positive throughout the founding journey in this special edition of my firstminute alongside Pam Kostka from July 14th 2020. Pam was the CEO of All Raise whose mission is to amplify female voices, accelerate their success, and create a tech culture where women are leading, shaping, and funding the future. She is now Operator In Residence & Limited Partner at Operator Collective, which brings together 200+ of tech’s most exceptional executives from diverse backgrounds to invest in and supercharge the next generation of enterprise tech.Joining Pam is Julia, the founder of Planet FWD, the regenerative food company focussed on reversing global warming through sustainable food production. Previously, Julia co-founded Zume Pizza, helping the SoftBank-backed robotics company raise $423 million before she stepped down in 2018.During the session, they covered everything from their experiences of founding, funding and building VC-backed startups as well as discussing the importance of what needs to happen now to meaningfully increase diversity and inclusion in the founder-funder ecosystem.Both of our guests are exceptional leaders with a passion for diversity and inclusion in the tech / VC space, making for an insightful and inspiring conversation!
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Apr 8, 2021 • 59min

My firstminute | Ben Lovett, Co-founder of Mumford & Sons, Communion and Venue Group | Roelof Botha, Partner Sequoia

As we wrap up 2022, we’ve looked back at firstminute capital’s first podcast “My firstminute” from 2020 and 2021. My firstminute talked to some of the world’s top investors, founders and thought-leaders about the first minutes of their careers, some of the battles they’ve overcome and their advice on navigating the world today. When discussing ‘the world today’, many guests addressed the effects of Covid-19 as this series was recorded in the height of the pandemic. Each episode concludes with a Q&A with fellow entrepreneurs.Today’s episode (originally recorded in March 2021) features Sequoia investor extraordinaire, Roelof Botha, known for his investments in Instagram, YouTube, MongoDB, Unity, Eventbrite, Square, 23andMe, Bird, Evernote, BridgeBio and many more; alongside Grammy Award-winning musician, producer, and two-time entrepreneur, Ben Lovett. They discuss how entrepreneurship and creativity are intrinsically linked to one another and the role that luck and humility played in their careers.  Listen to the advice that Roelof and Ben give to budding entrepreneurs alongside how he tests for authenticity in founders and how to spot a good opportunity. 
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Jul 8, 2020 • 59min

My firstminute | David Sacks, PayPal, Yammer, Craft Ventures

What makes a great entrepreneur turn into a great investor? David Sacks started his career in the ‘PayPal Mafia’ as one of the company’s earliest members as COO and product lead. During his time as COO in 2001, payment volume grew from 0 to $3.5 billion per year and revenue saw equally tremendous growth from 0 to $100 million. After a stint as a film producer on Thank You For Smoking which was nominated for Best Picture at the 2006 Golden Globes, David founded and was CEO of Yammer, the first Enterprise Social Network. Yammer pioneered bottom-up SaaS by adapting consumer tactics for enterprise sales. In July 2012, it was acquired by Microsoft for $1.2 billion as a core part of its cloud/social strategy.Throughout his career, he was always an avid angel investor. After leaving Yammer, he turned his investing into a new venture with the creation of Craft Ventures. The fund is an early-stage and growth fund based in San Francisco. This episode from 2020 follows David’s career and his journey from entrepreneur to investor. We cover the lessons he’s learned along the way and his advice to entrepreneurs and investors. 
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Jun 8, 2020 • 53min

My firstminute | Jeff Immelt, General Electrics & NEA

What is it like being the CEO of a company with 300,000 employees? 🏢📊We asked former CEO and Chairman of General Electric, Jeff Immelt in June 2020. Jeff Immelt is the former Chairman and CEO of General Electric, which he stepped down from in 2017 after 16 years. Jeff was the 9th Chairman of GE, and has been named one of the ""World's Best CEOs"" three times by Barron's, and GE has been named ""America's Most Admired Company"" by Fortune magazine and one of ""The World's Most Respected Companies"" in polls by Barron's and Financial Times. He now serves as a Venture Partner with our friends at NEA, sitting on the boards of several healthcare companies. Spencer spoke with Jeff about the earliest days of his career, his leadership lessons from running a company of General Electric's magnitude, and his views on healthcare, the pandemic and US/China relations. Spencer also explored the challenges that Jeff faced as a leader, and how he now supports the next generation of entrepreneurs, operators and investors.
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Jun 8, 2020 • 46min

My firstminute | Niraj Shah, Wayfair

What is the recipe for successful co-founders? 👨🏻‍🍳🥣How do you make marketplace economics work? 🔂We dig into all this as well as the future of commerce, contrarian ideas, COVID tailwinds, how to make marketplace economics work with Niraj Shah, Co-founder, Co-Chairman & CEO of Wayfair. Niraj co-founded the company with Steve Conine back in 2002 and the pair rapidly grew the business to become one of the largest online destinations for home furnishings, housewares, home improvement goods and more, generating around $14 billion in revenue.During the session from Friday 26th June 2020, we explored the many aspects of Niraj's journey as well as, e-com defensibility and the role of private label brands, and finally, why a US company should or shouldn’t expand internationally.

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