Founders Fund's Brian Singerman on building a legendary VC firm, “Adapt or Die” and "Ikigai" | E1896

This Week in Startups

This Week in Startups is brought to you by…

Imagine AI LIVE is an AI conference where you'll learn how to apply AI in YOUR business directly from the people who build and use these tools. It's taking place March 27th and 28th in Las Vegas, and TWiST listeners can get 20% off tickets at http://www.imagineai.live/twist

OpenPhone. Create business phone numbers for you and your team that work through an app on your smartphone or desktop. TWiST listeners can get an extra 20% off any plan for your first 6 months at http://www.openphone.com/twist

Lemon.io - Hire pre-vetted remote developers, get 15% off your first 4 weeks of developer time at https://www.Lemon.io/twist

*

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!

*

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.

*

Links:

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

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

*

Follow Brian:

X: https://twitter.com/briansin

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

*

Follow Jason:

X: ⁠https://twitter.com/jason⁠

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

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

*

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

*

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

*

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

*

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

*

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

*

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

*

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

*

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