meta_pixel
Tapesearch Logo
Log in
Equity

The inherent tensions within Venture capital

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 3 November 2021

⏱️ 28 minutes

🧾️ Download transcript

Summary

This is our Wednesday show, the time of the week when we niche down to a single topic. Today? The issue of venture capital expectations in certain sectors where startups may not be the best fit. And what happens when they raise a mountain of capital. Natasha and Alex had former founder and present-day indie journalist Vincent Woo to come on the show with us. Why? Because he's written extensively about Lambda School, one of our subjects of the day. We started with Ro, and Natasha's excellent piece on the matter: Employees detail rising tensions at Ro as healthcare unicorn struggles to grow beyond first win. Next we chatted Lambda School, which has a well-documented history of raising venture capital and attracting controversy. Most recently, Woo published a piece about the coding bootcamp's misleading claims on job placement. The company is perhaps a cautionary tale of how venture-level growth can struggle in certain sectors. Education is hard and may not scale like software. At the heart of conversation was a question: In this time of high valuations and easy access to large amounts of capital, how can VC incentives lead some startups into a cycle of pain? We didn't land on a single conclusion, and that was kind of the point of the episode. Venture capital isn't inherently bad or good, but the money can come with a list of demands (and pressures) that cause risk-taking founders to make mistakes. A recalibration is necessary, but, as we talk about every week, the "up and to the right" market will take its time getting there. It was good fun to focus on a single topic, but we're back with our news roundup Friday morning! Chat soon! Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Hello and welcome back to Equity, Tech Runches of Venture Capital

0:14.4

Focus podcast where we unpack the numbers and the nuance behind the headlines.

0:18.0

My name is Alex and I'm joined today by Natasha Moskurinas.

0:20.4

Natasha, hello, how is life?

0:22.0

Life's fine. I was trying to record this

0:23.6

podcast from bed, but I couldn't find a stable place to put the bike. So I'm at

0:27.3

my desk and I'm ready. That's because we care just enough to not do the

0:30.7

podcast from bed, but not so much that we don't think about it

0:33.2

welcome to equity we also have a friend with us today we have Vincent whoa hello

0:37.3

Vincent how are you doing I'm doing great how are you I'm good and the reason why

0:41.6

we've dragged you along today on this adventure is that you have been an independent journalist that has written about Lambda School for some time and you also run a thing called Coderpad.

0:50.0

So just briefly giving you a plug, what's Coderpad?

0:53.0

Coderpad is a technical platform for interviewing programmers.

0:56.7

We sell it to really big companies in the bay, like Facebook at all, who use us to interview people

1:02.4

they're considering hiring.

1:04.0

Full disclosure, I sold the business a couple years ago actually, but this is kind of

1:09.1

what I'm actually best known for and not necessarily my reporting, which is sort of funny.

1:13.0

Well it's interesting because I feel like a lot of people do like the VC to journalist

1:17.6

switch up but I rarely see founders also being part-time journalists.

1:21.5

So what kind of job? more often founders become VCs than anything else?

1:25.8

Yeah, so why journalism? I mean, yeah, tell as much how much you like our field.

1:29.8

It's, I love journalism. I mean, I feel like more than anything it's a reflection of my childhood psychology, you know, like an oppositionally defiant disordered child

...

Please login to see the full transcript.

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

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

Copyright © Tapesearch 2026.