Tech Deciphered

Tech Deciphered


#8 – Demystifying Venture Capital, Private Equity and Start-up success

April 16, 2020

We demystify a whole lot in this episode of Tech DECIPHERED. We demystify Venture Capital and its nitty gritty decision-making processes and operating models. We demystify Private Equity vs Venture Capital and explain the differences between both. We discuss factors for Start-Up success and demystify entrepreneur “ageism”. Last but not least, we disagree … on the Tesla Cybertruck.

Navigation:

The other side of the table - Entrepreneurs who become VCs (02:31)
Decision-making and the operating model of Venture Capital (05:10)
VCs have to make lot of decisions with incomplete information (08:23)
Are VCs much less ambitious that PEs? (23:39)
Key reasons why start-ups succeed (31:27)
What successful second time founders do differently? (43:59)
Are older entrepreneurs more successful than younger ones? (56:08)
Tesla's new Cyber-truck (59:28)

Resources:

Andreas Goeldi, What I Didn’t Understand About VCs When I Still Was a Founder - https://bit.ly/3bbf4UU
Auren Hoffman, Venture Capitalists are MUCH LESS ambitious than their private equity siblings - https://bit.ly/2V5itin
Alex Ponomarev, The Five Reasons Why Startups Succeed, According to a Legendary Investor - https://bit.ly/34wQuLy
Feliks Eyser, What Successful Second-Time Founders Do Differently - https://bit.ly/3b86aYn
Mark Travers, For Entrepreneurs, 45 Is The New 25 - https://bit.ly/3a3ypWz
MotorTrend, Tesla Cybertruck - https://bit.ly/2V6jSoY

Our co-hosts:

Bertrand Schmitt, Tech Entrepreneur, co-founder and Chairman at App Annie, @bschmitt
Nuno Goncalves Pedro, Investor, co-Founder and Managing Partner of Strive Capital, @ngpedro

Our show: Tech DECIPHERED brings you the Entrepreneur and Investor views on Big Tech, VC and Start-up news, opinion pieces and research. We decipher their meaning, and add inside knowledge and context. Being nerds, we also discuss the latest gadgets and pop culture news. 
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Full transcription: may contain unintentionally confusing, inaccurate and/or amusing transcription errors

Intro (01:24)

Bertrand: Welcome to Tech Deciphered Episode 8. 

Hi, Nuno, how are you today?

Nuno: Hey, Bertrand, how are you? I'm well.

Bertrand: Pretty good, thank you, Nuno. 

So, what are we going to discuss today?

Nuno: So we're gonna discuss a couple of different areas. 

One, we're going to demystify VC: a couple of articles on the venture capital space and we'll agree with some of the points made, we will disagree with others, we'll again go in depth and try to demystify the discussion. Then some other articles on de-mystifying startups and founders in particular, and what it takes to be a successful entrepreneur.

And finally we'll talk about gadgets and we'll talk about cars today, which is really, really cool.

Bertrand: I know you are very excited.

Nuno: I am super excited. We only have one article on cars, but I think we can go on for some time.

Bertrand: And which car are we going to talk about? 

Nuno: We are going to talk about the cyber truck, that thing that does Tesla announced.

And we're going to talk about other stuff that's cooler and what's happening in the space.

There was a recent announcement as well, of a couple of new electric cars, and so we'll go a little bit off piste on that one.

The other side of the table - Entrepreneurs who become VCs (02:31)

So, let's start with our first topic today , and we'll start with this good article, from Andreas Goeldi,  titled "What I Didn't Understand About VCs When I Was Still a Founder". It's great that he's coming with his perspective having been ...