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Todays show:

Jason speaks to Brian Singerman of Founders Fund about tips for emerging venture capitalists (6:40), a missed opportunity by an overconfident LP (15:49), self-awareness, strategy, the state of venture capital (40:47), and more!

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Timestamps:

(0:00) Jason speaks to Brian Singerman of Founders Fund.

(2:31) “Adapt or die!” and the unique approach and strategy at Founders Fund.

(6:40) Brian's tips for emerging venture capitalists on making investments.

(10:09) Imagine AI LIVE - Get 20% off tickets at http://www.imagineai.live/twist

(11:24) Brian reflects on his career's trials and triumphs

(15:49) Brian shares an anecdote about a gloating LP who passed on one of the greatest venture funds in history.

(21:36) OpenPhone - Get 20% off your first six months at http://www.openphone.com/twist

(23:04) Brian’s approach for securing a deal with founders.

(28:03) The sharp mind of Sean Parker.

(31:32) Lemon.io - Get 15% off your first 4 weeks of developer time at https://www.Lemon.io/twist

(32:37) The character of founders who change the world and how to work with them.

(37:30) Regulation and the anti-competitive landscape of large companies in the US.

(40:47) Self-awareness, strategy and the state of venture capital.

(44:00) Keith Rabois's transition from Founders Fund back to Khosla Ventures.

(47:27) Reflecting on Ikigai and finding joy and value in one's passion.

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Links:

Check out Founders Fund: https://foundersfund.com/

Check out past TWiST episode #748 with Brian: https://youtu.be/O8emgaUsOZY?feature=shared

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Follow Brian:

X: https://twitter.com/briansin

LinkedIn: https://www.linkedin.com/in/brian-singerman-9333b52/

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Follow Jason:

X: ⁠https://twitter.com/jason⁠

Instagram: ⁠https://www.instagram.com/jason⁠

LinkedIn: ⁠https://www.linkedin.com/in/jasoncalacanis

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Thank you to our partners:

(10:09) Imagine AI LIVE - Get 20% off tickets at http://www.imagineai.live/twist

(21:36) OpenPhone - Get 20% off your first six months at http://www.openphone.com/twist

(31:32) Lemon.io - Get 15% off your first 4 weeks of developer time at https://www.Lemon.io/twist

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Check out the Launch Accelerator: https://launchaccelerator.co

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Check out Founder University: https://www.founder.university

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Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp

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Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland

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Check out Jason’s suite of newsletters: https://substack.com/@calacanis

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Follow TWiST:

Substack: https://twistartups.substack.com

Twitter: https://twitter.com/TWiStartups

YouTube: https://www.youtube.com/thisweekin

Instagram: https://www.instagram.com/thisweekinstartups

TikTok: https://www.tiktok.com/@thisweekinstartups

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Subscribe to the Founder University Podcast: https://www.founder.university/podcast

Huge interview today. "Power Law" author Sebastian Mallaby joins the show to break down some of the most important moments in VC history and his lessons from writing the book, including: the youth revolt (14:18), KP vs Sequoia (27:02), what makes a legendary VC (38:40), and more!

(0:00) Jason tees up today's interview with "Power Law" author Sebastian Mallaby

(1:42) Sebastian explains how and why he wrote a book on the history of VC

(13:13) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist 

(14:18) The virtuous cycle of luck early in a VC career, youth revolt in startups, Zuckerberg spurning Sequoia

(26:02) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist 

(27:02) Tom Perkins and the Kleiner Perkins rise and fall vs Sequoia's sustained dominance, KP's Genentech investment

(37:18) Harmonic - Get $4000 off at https://harmonic.ai/twist

(38:40) What characteristics make a legendary VC?

(56:29) Why are institutional LPs allocating more capital to VC, what happened with China's interest in the industry? Other investable industries other than software

FOLLOW Sebastian: https://twitter.com/scmallaby

FOLLOW Jason: https://linktr.ee/calacanis

FOLLOW Molly: https://twitter.com/mollywood

BUY "Power Law": https://www.amazon.com/Power-Law-Venture-Capital-Making/dp/B094PSKDZV

On today’s Property Podcast, Rob D is looking at how you research a buy-to-let property investment in a brand new city.  

Rob & Rob have talked extensively about the joys of investing in cities, but what should you do if you don’t know any of them that well and you don’t live close to them? That’s exactly what Rob D is covering today, and he’s using a real life guinea pig (and by that, we mean Dan), to explain how he approached being in this exact situation.

If you’re an avid Property Podcast listener, you’ll know that The Robs covered their 2019 property investment hotspots earlier this year, and off-air were hit with questions from Dan whilst he was doing his research.

Dan had been looking at a city that’s brand new to him, and today he shares his journey and the process he went through to understand what the city offered and whether it would help him meet his buy-to-let property investment goals.

He’s got Nottingham and Manchester boxed off already, and is happy with the steady cash flow his investments bring in. But now he’s ready to switch strategy and is looking at properties for growth… and he’s decided that Sheffield is on his hit list!

What research did Dan do? What type of properties did he look at? And what made him throw certain properties in the junk pile?

Today you’ll get to know his first impression of Sheffield as a complete outsider, what he thought of the properties he saw and the tactics he used to get to know the area and the local community.

You’ll also hear how he stayed sane, tried to avoid ‘property blur’ and built a great rapport with the agent on the 16 viewings he booked!

To paint the full picture, you can see links to a few of the properties Dan was looking at in Sheffield below:

 

• Property 1 - which has a sitting tenant
• Property 2
• Or there’s this one which is slightly more high-end
• Then there’s this one in Manchester

 

Listen as Dan and Rob D have a chat about Dan’s Manchester vs. Sheffield dilemma, and see what you can take away from Dan’s experience of investigating a brand new city to invest in buy-to-let property.

In the news this week, you’ll have noticed a huge story! No-fault evictions are to be banned in England. This is a big change and effectively an abolition of the Section 21 procedure.  

It’s not an enormous shock but it has come a bit out of the blue in terms of timing. So what should you do? It’s just a proposal right now so there’s a lot of time to adjust and plan. If you fancy a deeper delve into what Rob D thinks of this, you can hear more on this week’s Ask Rob & Rob where they covered what the Section 21 ban would mean for landlords.

And we’re back with another Hub Extra resource. This week we have Workona - a tool if you’re one of those people who have multiple browser tabs open! It’s an extension for Chrome and is completely free - it allows you to arrange your tabs into different workspaces, so you could have one for personal, one for location research and one for official work duties. If you dive into one group, it hides all the others - a seriously great piece of kit to help you stay organised.

We’d love to hear what you think of this week’s Property Podcast over on Facebook, Twitter or Instagram. You might even have a topic you’d like us to cover in the future - if so, pop us a message on social and we’ll see what we can do.

If that wasn’t enough, you can also join our friendly property community on the Property Hub forum.

See omnystudio.com/listener for privacy information.