Tribe Talkin' Ep 34: What Makes a "Good" Founder. OpenAI Will Steamroll You! Too Many Startups. When You Don't Get Follow On.

Transparent Venture Capital by Tribe Global Ventures

Tribe Global Ventures

Investing, Business:investing, Business, Entrepreneurship

5 • 1 Ratings

🗓️ 18 April 2024

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this weeks episode of Tribe Talkin': OpenAI CEO Sam Altman makes it clear they're going to steamroll you. M&A proposed rule changes. Google releases new tools for Gemini: write your emails and create your spreadsheets. Speed of AI making it hard for firms to invest. How to avoid raising too much money. A great article by Ben Armstrong from Archangel in Startup Daily. What happens when Blackbird doesn't follow on? Too many startups in the US? Charts [email protected]

Transcript

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0:00.0	We've been chatting like, we're not short of good ideas, but we're short of good operators.
0:04.2	I think there are too many VC back companies that aren't durable businesses.
0:08.4	Let's define a good operator.
0:10.1	And define how we measure it.
0:11.4	Did you see that little video that came out from Sam Altman?
0:14.2	Not because we don't like you, but just because we like have a mission, we're going to steamroll you.
0:18.6	It's good that Sam has said this because now there's no excuse for a founder building
0:23.0	in that space.
0:23.8	Stop trying to plug the gaps of the platform that inevitably they're going to bring out
0:28.0	because you're going to get steamrolled.
0:41.5	You are looking sharp, Jack.
0:42.9	Feels good.
0:43.8	Looking good.
0:46.9	You got a bit sunburn on the weekend?
0:51.3	Yeah, Sunday I thought I'd better go out there and get a bit of light on top of the head and then, yeah, got a bit burnt.
0:53.1	Like first night fever.
0:55.0	Yeah. You go a bit too hard on the first weekend.
0:59.0	That's good.
1:00.0	I'm glad I'm not the only one that now looks 20 years older than my stated age.
1:05.0	Yeah.
1:06.0	I think we're all in that category.
1:09.0	Jack, do you have a game of rugby on the weekend?
	...

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