meta_pixel
Tapesearch Logo
Log in
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: AngelList's Naval Ravikant on The Secrets To Success At Seed, Why Micro VC Is The Return of Traditional Series A & Why We Will See The Unbundling Of Traditional VC Brands

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

The Twenty Minute VC

Finance, Venturecapital, Tech News, News, Siliconvalley, Technology, Investing, Startups, Business

4.4637 Ratings

🗓️ 10 April 2017

⏱️ 28 minutes

🧾️ Download transcript

Summary

Naval Ravikant is the CEO and a co-founder of AngelList, where the world meets startups either to find great jobs, invest in startups or raise funding. Before AngelList, he co-founded Epinions, which went public as part of Shopping.com, and Vast.com. He is an active angel investor and has invested in more than 100 companies, including more than a few “unicorn” mega-successes. His deals include Twitter, Uber, Yammer, Postmates, Wish, Thumbtack, and OpenDNS, which Cisco just bought for $635 million in cash.

 

In Today’s Episode You Will Learn:

1.) How Naval made his way into angel investing and came to found AngelList?

2.) Question from Parker Thompson: How does Naval internalize the power law math and how does that affect his ability to pick the best companies?

3.) Why does Naval believe venture to be a bundle of advice, control and money? How does that affect his thought process surrounding what makes a good investor?

4.) Why does Naval believe we will see the unbundling of VC firm brands and the rise of personal partner brands? How will this affect access to proprietory deal flow?

5.) Question from Jonathan Abrams @ Nuzzel: What is the vision for AngelList? How much further up the funding stack can AngelList go?

Items Mentioned In Today’s Show:

Naval’s Fave Book: Sapiens: A Brief History of Humankind

Naval’s Fave Blog: Farnham Street

As always you can follow Harry, The Twenty Minute VC and Naval on Twitter here!

Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC.

Foundersuite makes the leading CRM for raising startup capital. Since March of 2016, Foundersuite customers have raised over $130M in seed and venture capital. Foundersuite’s CRM sits on a database of over 50,000 investors, which will help you quickly populate your fundraising funnel including a beautiful and easy-to-use investor update tool, and the recently launched a new portal that helps investors and accelerators track their portfolio companies on a single dashboard. For a whopping 40% off a Monthly or Annual subscription use the code “20MinuteVC” at checkout.

Greenhouse Software designs tools that help companies hire great people and ultimately build better businesses. Greenhouse works with over 1,500 of the world’s most innovative companies such as Airbnb, Slack, Snap Inc. and Lyft. A wrong hire is not only costly for a company but can also turn an employee into an unhappy one. With Greenhouse’s Applicant Tracking System, companies can make well-informed decisions and hire qualified candidates who are empowered to do the best work of their careers. Anybody who has a company that’s scaling quickly but has trouble hiring and retaining the right people. Visit www.greenhouse.io today to discover how your company can grow.

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome back to the 20-minute VC with your host Harry Stebbings found on Snapchat at H. Stebbings with two Bs.

0:05.3

It would be great to see you there. But to the show today, and my word, do we have an exceptional guest view today.

0:09.7

As one of the key individuals in the Valley, he's invested in over 100 startups, including the likes of Twitter, Postmates, Uber, Yammer and Thumbtack, just to name a few of his incredible portfolio companies. He's also enjoyed very significant success on the operational side of the table, having co-founded E-Pinions, which went

0:24.9

public as part of Shopping.com. Guessed it yet? Well, it's with great pride that we welcome

0:29.0

Naval Ravikant, founder at Angel List to the Hot Seat today. And I do want to say a very special

0:33.6

thank you to Naval's brother and former guest on the show, Kamal, for the intro to Naval today, without which this episode would not have been possible. But before we dive into

0:41.1

the show today, you must check out Foundersweet. Foundersweet makes the leading CRM for raising

0:45.8

startup capital. Since March of 2016, Founder Suite customers have raised over $130 million

0:51.0

in seed and venture capital. Foundersuite CRM sits on a database of over 50,000

0:55.9

investors, which will help you quickly populate your fundraising funnel, including a beautiful

0:59.9

and easy to use investor update tool, and the recently launched new portal that helps

1:04.1

investors and accelerators track their portfolio companies on a single dashboard. Founders

1:09.0

is used by startups in Y Combinator,

1:11.1

tech stars, 500 startups, and every other major accelerator. And listeners of this podcast can get

1:16.2

a whopping 40% off, a monthly or annual subscription, using the promo code 20 minute VC at checkout.

1:22.4

That's 220 minute VC. Check it out today and take advantage of this exclusive offer.

1:28.3

Speaking of incredible software, greenhouse software designs tools that helps companies hire great people and ultimately

1:32.9

build better businesses. Recognise as the 2017 best place to work in the US by Glass Store,

1:38.6

greenhouse currently works with over 1,500 of the world's most innovative companies, such as

1:42.9

Airbnb, Slack, Snap, Inc, and Lyft,

1:45.9

a wrong hire is not only costly for a company, but can also turn an employee into an unhappy one.

1:50.6

With Greenhouse's applicant tracking system, companies can make well-informed decisions and hire

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Twenty Minute VC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Twenty Minute VC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.