Recode Decode: Mark Suster, managing partner, Upfront Ventures

Decoder with Nilay Patel

Vox Media Podcast Network

Business, Technology

4.2 • 3.4K Ratings

🗓️ 18 April 2018

⏱️ 70 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Upfront Ventures Managing Partner Mark Suster talks with Recode’s Kara Swisher about leading the oldest and largest venture capital firm in Los Angeles. He explains why he rejects the term “Silicon Beach,” preferring “LA Tech,” and what people miss when they think of Southern California as a less-techie place than Silicon Valley. Suster says the increasingly common overfunding of tech companies and overpaying of tech workers in the San Francisco area are discouraging innovation. He also discusses how the geography of entrepreneurship in SoCal is changing, why Upfront-backed smart doorbell maker Ring sold to Amazon, and what people get wrong about one of LA's sexiest tech companies, Snap. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Today's show is brought to you by Namely.
0:02.5	When was the last time you checked your pay stub or picked benefits at work?
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0:40.8	Over 1000 companies use Namely every day.
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0:51.3	One more time that's Namely.com slash decode.
0:55.2	See how you can build a better workplace with Namely.
1:00.0	Hi, I'm Cara Swisher, Executive Editor of Recode.
1:02.6	You may know me as the new CEO of Cambridge Analytica,
1:05.6	but in my spare time I talk tech and you're listening to Recode decode from the Vox Media Podcast Network.
1:10.8	Today in the Red Chair is Mark Suster, a managing partner at Upfront Ventures.
1:15.6	He joined the venture capital firm in 2007, but before then founded two companies,
	...

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