So I've interviewed pretty much every decacorn founder there is and all decacorn founders share two traits literally all of them. Uh number one is they have a superiority complex. They inherently believe that they are better that they're more talented that they're more capable that they can do what others can't.It kind of is married with this deep inferiority complex within themselves that they're not moving fast enough. They're not achieving what they should be. They should be pushing harder. They should b ...

I think we should not be placing that much emphasis on margins today. We need a new taxonomy for AI companies. >> I'm thrilled to welcome Benchmark's newest partner, Everett Randall.Benchmark are one of the best firms in venture. >> Tiger died and we got six or seven more Tigers. I don't think Robbie or Hamont or even Ben and Mark at this point, I don't think that they can go to LPs and say, "Hey, we're going to get you 5x net on that." And when you're writing billion dollar checks, that is your main produc ...

Ev Randle is a General Partner @ Benchmark, one of the best funds in venture capital. In their latest fund, they have Mercor ($10BN valuation), Sierra ($10BN valuation), Firework ($4BN valuation), Legora ($2Bn valuation) and Langchain ($1.4Bn valuation). To put this in multiples on invested capital, that is a 60x, two 30x and two 20x. Before Benchmark, Ev was a Partner @ Kleiner Perkins and before Kleiner, Ev was an investor at Founders Fund and Bond. ----------------------------------------------- Timestam ...

Do you know the biggest mistake people make with content. They don't realize that it's a science. And when you realize that content is a science, you realize and you analyze churn rates on listenerships and you see that within 3 to 5 minutes, you'll have an 82% increase in listener churn. Unless you have your first nugget of wisdom in those first 3 to 5 minutes and then every content creator starts with, tell me a story about your intro.And that's why it's so important to understand what makes people tick a ...

You have to care and be willing to sacrifice to do exceptional things to be exceptional. And what I find today is people are not willing to do them. Hey, what's the culture like.What does that mean to you. Culture to me is I want to go to a place where we're going to win. I want to go to a place with a world-class sales organization to say I'm a part of something special. I want to go to a place that develops in making me better. I want to go to a place that believes in meritocracy.That's a great culture to ...

For the moment, Google is underappreciated and Amazon is overappreciated. Google was slow to AI. Google had to bring Sergey Brin out of jet skiing and wind surfing and retirement to whip the troops into shape.But Google's really good now at all levels. It's really good at consumer AI. Search is growing for Google again.The TPUs are good. It's a good partner and it's the only one other than Nvidia making real money. So, I feel like Google is underappreciated and it has the application layer. It has all the a ...

For me, it's like I don't even want to take meetings with mortal founders. >> This is one of the spiciest shows yet. It's my favorite show of the week.Jason Lmin, Rory O'Driscoll breaking down the biggest news in tech that's happened over the last 7 days. >> This actually shows that sometimes Bill Gurley is wrong cuz his idea is that these IPO share allocations are called free money. >> The amount of wealth in Silicon Valley is just unprecedented in our lifetimes.It's just gone up dramatically the last 18 m ...

What I want to talk about tonight is about saving the country. It is easy to open BBC news, read the first three headlines, and they're all about our failure, and it's easy to lose faith. But I think it's not only possible that it's actually inevitable.We can do extraordinary things, and actually already extraordinary things are happening. Our goal should be to make the UK rich again. And that's not these days a very British thing to say.And that is part of the problem. Almost all our other problems are dow ...

Can you build a successful startup by working 9-5. How do you define success. If you want to build a billion-doll business, you will not be able to do it by working 9 to5.It is very simple. Everyone hates that. And the truth is people hate that because they hate you making them feel bad.It's a little bit like when you have friends who are incredibly fit and get up at 6:00 a. m. and go to the gym and run 15 miles.They make you feel bad. The people who hate you for saying that 9 to5 won't work hate you becaus ...

I prefer in terms of a barometer of productivity something a little bit different which is to say can most of your employees do 10x the amount of work with AI versus on their own. That to me is actually a better barometer. I think human AI have very complimentary abilities.So to just like flat out replace a portion of your workforce is actually pretty unrealistic. ...