4.4 • 637 Ratings
🗓️ 21 April 2023
⏱️ 53 minutes
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Tomasz Tunguz is the Founder and General Partner @ Theory Ventures, just announced last week, Theory is a $230M fund that invests $1-25m in early-stage companies that leverage technology discontinuities into go-to-market advantages. Prior to founding Theory, Tom spent 14 years at Redpoint as a General Partner where he made investments in the likes of Looker, Expensify, Monte Carlo, Dune Analytics, and Kustomer to name a few. Tom also writes one of the best blogs and newsletters in the business which can be found here.
2. From 150 LP Meetings to Closing $230M: Raising a Fund I
3. Where Will Value Accrue in the Next Decade of AI:
4. AI and The World Around It:
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0:00.0 | I think at the foundational model layer, that's a big boy's game or big girls game. |
0:03.8 | The odds of success are going to be significantly higher at the application layer because the diversity of needs there is greater. |
0:08.7 | We're faced with the technology that could actually replicate the post-war surplus out of World War II. |
0:14.5 | I think Google had a rude awakening where, to some extent, they developed in-house but ignored. |
0:19.4 | So it's a classic innovator's dilemma. |
0:21.6 | This is 20 VC with me, Harry Stebbings. Now, the last time I had Tom Tungers on the show was |
0:25.8 | seven years ago since he's become a dear friend and last week he announced his new $230 million |
0:31.2 | fund, Theory Ventures. No one deserves this more than Tom and it made me so, so happy to see. Prior to |
0:36.8 | founding theory, |
0:37.7 | Tom spent 14 years at Red Point as a general partner where he made investments in the |
0:41.6 | lights of Looker, Expensify, Monte Carlo, June Analytics and customer, to name a few. But before we |
0:47.3 | dive into the show today, you've heard me talk about Coda. Coda is the doc that brings it all |
0:51.6 | together and how it can help your team run smoother and be more efficient. |
0:55.0 | I know this because Coda helps me. |
0:57.0 | At 20VC, we use Coda for all of our research for every episode, so all team members essentially can work on the schedule all in one dog, |
1:05.0 | seamlessly built by Coda. |
1:07.0 | And here's how Coda can help your team run smoother and be more efficient. |
1:10.0 | Coda allows your team to operate on the same information and collaborate like my team does all in one Coda place. |
1:16.6 | By putting data in one centralized location, regardless of format, it eliminates so many roadblocks that can just stop your team in their tracks. |
1:23.6 | This is really what slows down productivity and collaboration. |
1:26.6 | With Coda, your team can |
1:28.1 | operate on the same information and collaborate in one place to get projects across the finish line |
... |
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