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

20VC: The Commonalities In The Makings Of Truly Great People, How Silicon Valley Will Become The Home For Crypto and Frontier Tech Once Again & Why Games Are Such A Good Tool To Understand Human Motivation with Daniel Gross, Founder & Pioneer, Head of AI

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

🗓️ 27 August 2018

⏱️ 34 minutes

🧾️ Download transcript

Summary

Daniel Gross is the Founder @ Pioneer and the Head of AI @ Y Combinator. Taking them in turn, Pioneer is the home for ambitious outsiders of the world where they are building a community of creative young people working on interesting projects around the globe. YC is obviously the world’s most successful accelerator with alumni that includes the likes of Airbnb, Dropbox, Reddit, Flexport and many more incredible companies. Prior to Pioneer and YC, Daniel was a Director @ Apple where he focused on machine learning, as a result of his prior company, Cue (also a YC company) being acquired by Apple in 2013. Finally, Daniel also has one of the valley’s most impressive angel portfolios with investments in OpenDoor, Cruise (acquired by GM), Gusto and Github, just to name a few.

In Today’s Episode You Will Learn:

1.) How Daniel made his way from a military camp in Israel to start a company at YC to selling the company to Apple to now, creating a global community of the world's most ambitious people?

2.) What does Daniel believe is the commonality of truly great people? Why did Daniel decide to start Pioneers now? What are the terms for entering Pioneers? How is Daniel looking to create the global talent engine through gamification with Pioneers? Why is gamification such a strong tool to understand human motivation?

3.) Why did Daniel decide it was the right decision to bring the Pioneers to SF? In the world of decentralized entrepreneurship, why did Daniel feel it necessary to bring everyone to the valley? What does Daniel believe Silicon Valley needs to solve if it is to become the home for crypto and frontier tech? What role does optimism play in the success of SF?

4.) The program is funded through Stripe and Marc Andreesen, many have suggested this poses conflict with potential optionality on projects and talent, how does Daniel think about this conflict? Why is it not a concern? What other challenges does Daniel forsee as being the biggest barriers to the success of Pioneer?

5.) How does Daniel think about KPI's for the coming 12 months? What are his core KPI's? How does Daniel construct a framework that will allow him to love previously disliked tasks? How can anyone do this with success?

Items Mentioned In Today’s Show:

Daniel’s Fave Book: Finite and Infinite GamesEnders Game

Daniel’s Most Recent Investment: JumpRetool

As always you can follow HarryThe Twenty Minute VC and Daniel on Twitter here!

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

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Transcript

Click on a timestamp to play from that location

0:00.0

This is the 20 minute VC with me, Harry Stebbings. It would be fantastic to hear your thoughts and

0:04.3

feedback on the show, what you'd like, what you don't, and what you'd maybe like to see more of.

0:08.6

And you can do that on Instagram at H. Stebbing's 1996 with 2Bs. I would love to hear your thoughts.

0:14.1

However, to our episode today, and as you know, I love doing the show. but it really is relationships like I have with today's guest that makes me realise just how much I love doing it, a truly wonderful person, and I'm very thrilled to welcome

0:24.9

back Daniel Gross to the Hot Seat. Daniel is the founder of the very exciting and recently

0:29.2

launched project, Pioneer, and head of AI at Y Combinator, taking them in turn, Pioneer is the

0:34.5

home for ambitious outsiders of the world, where they are building a community of creative young people working on interesting projects around the globe.

0:41.4

And YC is obviously the world's most successful accelerator, with alumni that includes

0:45.2

the likes of Airbnb, Dropbox, Reddit, Flexport, and many more incredible companies.

0:50.3

And prior to Pioneer in YC, Daniel was the director at Apple, where he focused on machine learning as a result of his prior company, Q, which was also a YC company, being acquired by Apple in 2013.

1:00.9

Finally, Daniel also has one of the Valley's most impressive angel portfolios, with investments in the likes of Open Door, Cruise, which was acquired by GM, Gusto and GitHub, just to name a few.

1:10.7

And I do also have to say a huge

1:11.8

thank you to Navar Ravakan for the intro to Daniel many moons ago now, but the start of a friendship

1:16.2

and I really do so appreciate that. However, before we dive into the show with Daniel today,

1:20.7

thanks to my friends at Weepay, let me introduce you to a cool player in the space we love,

1:24.9

Joyce. Joyce built the go-to platform for contractors designed for ease

1:29.0

of use in a mobile world. It enables contractors to professionally handle everyday tasks, like

1:34.1

estimating, invoicing, collecting payments and managing projects, while also helping them

1:38.8

grow their business as a streamlined CRM. More than 500 contractors have used to Joyce platform

1:43.6

to manage more than $8.5 billion

1:45.6

in invoiced work in North America, the UK and Australia, and you can learn more to stay at

1:50.4

Joyce.com. And to learn how you can grow your revenue with integrated payments, like Joyce,

...

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