logo
episode-header-image
Jan 2017
26m 10s

20VC: Why We Will See A Big Series B Cru...

Harry Stebbings
About this episode

Tim Chang is a Managing Director @ Mayfield Fund and Tim was referred to me by many other VCs as 'the fittest man in silicon Valley', notable tech publications even write it. His eclecticness does not stop there as he is also a musician in 3 bands and a serious body hacker. As for his investments, he has had AdChina (acquired by Alibaba), Playdom (acquired by Disney) and Basis (acquired by Intel) just to name a few. Prior to Mayfield, he spent time at notable institutions including General Motors and Norwest Venture Partners. It is not only us that appreciate Tim’s skills though as he has also been named to ‘Top 100 Innovators’ on Forbes Midas List for 2 years running.

 

In Today’s Episode You Will Learn:

1.) How Tim made his way into the wonderful world of VC following Stanford Business School?

2.) How did Tim's perspective of starting VC around 9/11 shape his perspective coming into the industry? Why does Tim believe you need to see multiple cycles to be a good VC?

3.) Where are theWhy does Tim believe that startups need to be better capitalised than they currently are in the early days? Why does Tim argue for the existence of the Series B Crunch?

4.) How does Tim view the creation of a business model for machine learning? What are the 2 elements that founders need to consider before deciding in a pricing mechanism?

5.) How does Tim evaluate machine learning startups today in the plethora that have been created over the last few years? How does Tim determine true machine learning talent?

Items Mentioned In Today’s Show:

Tim’s Fave Book: Nexus 

Tim's Fave Blog or Newsletter: Wait But Why

Tim’s Most Recent Investment: Next Entertainment

As always you can follow Harry, The Twenty Minute VC, Tim on Twitter here!

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

The Simba Hybrid. The most advanced mattress in the world. With a unique combination of two thousand five hundred conical pocket springs and responsive memory foam, it offers the perfect support for two people. A mattress that responds to you and your partner’s sleeping patterns. Delivered free, with a one hundred night sleep trial, free returns and a ten year guarantee. Start your free trial at simbasleep.com

Cirrus Insight is a plugin for sales pros who use Gmail and Outlook.  It automatically updates activities in Salesforce so you don’t have to.  It was named #41 on the Inc. 500 list of fastest-growing companies, and it has more than 1,700 customer reviews on the Salesforce AppExchange. Today, it serves over 150,000 sales people across 5,000 organizations using Gmail, Outlook, iPhone, iPad, and Android. Cirrus Insight is perfect for sales, support, and success teams who want to save time, schedule 3x more appointments, track email opens and much more with Salesforce information at their fingertips in the inbox. www.cirrusinsight.com/20VC

   
Up next
Yesterday
20VC: Do Margins Matter in AI? | Is Defensibility Gone For Good? | Is Vertical SaaS Dead in a World of AI | What SaaS Rules Are BS and No Longer Apply in a World of AI | The Future of Venture: Why Chanel vs Walmart is BS with Byron Deeter
Byron Deeter is a Partner at Bessemer Venture Partners, and one of the most renowned SaaS investors. Byron has led 19 unicorn investments, including IPO successes like ServiceTitan, Procore, Twilio, Box, Gainsight, Intercom, DocuSign, SendGrid. His portfolio includes eight compan ... Show More
1h 21m
Aug 21
20VC: Databricks at $100BN | Chamath’s SPAC Revival: Peak Mania? | OpenAI Staff Cash Out Billions & Sam Altman Will Spend Trillions | CoreWeave’s $11B Debt Bet & Nubank’s $2.5B Profit Shocker
Agenda: 00:00 – Databricks hits $100B: Bubble or just the beginning? 03:15 – Is Databricks actually undervalued at 25x revenue? 07:40 – Are we on the verge of the biggest IPO wave ever? 11:30 – Can Andreessen’s Databricks bet return $30B+? 18:10 – Who really gets rich when mega-u ... Show More
1h 27m
Aug 18
20VC: Lovable CEO Anton Osika on $120M in ARR in 7 Months | The Honest Truth About Defensibility and Unit Economics for AI Startups | The State of Foundation Models: Long Grok, Short OpenAI, Why | Replit vs Lovable vs Bolt: What Happens
Anton Osika is the Co-Founder and CEO @ Lovable, the fastest growing company on the planet. In just 7 months, they have scaled from $0 to $120M in ARR. They have raised over $200M in funding from some of the best including Accel, Creandum and 20VC. Their latest round priced the c ... Show More
1h 8m
Recommended Episodes
Apr 2022
#590: Tony Fadell of iPod, iPhone, and Nest Fame — Stories of Steve Jobs on “Vacation,” Product Design and Team Building, Good Assholes vs. Bad Assholes, Investing in Trends Before They Become Trends,
Brought to you by LinkedIn Marketing Solutions marketing platform with ~770M users, LMNT electrolyte supplement, and Eight Sleep’s Pod Pro Cover sleeping solution for dynamic cooling and heating. More on all three below.Tony Fadell (@tfadell) is an active investor and entrepreneu ... Show More
1h 52m
May 2019
#371: Ramit Sethi — Automating Finances, Negotiating Prenups, Disagreeing with Tim, and More
Ramit Sethi — Automating Finances, Negotiating Prenups, Disagreeing with Tim, and More | Brought to you by LinkedIn Jobs."Most of us should spend less time on most decisions and we should spend a lot more time on a few key decisions." — Ramit SethiRamit Sethi (@ramit), author of ... Show More
2h 25m
Dec 2020
#483: Jim Collins on The Value of Small Gestures, Unseen Sources of Power, and More
Jim Collins on The Value of Small Gestures, Unseen Sources of Power, and More | Brought to you by GiveWell.org world’s top research on charities and effective giving, Tonal smart home gym, and Wealthfront automated investing. More on all three below.Jim Collins (jimcollins.com) i ... Show More
2h 46m
Jul 2022
#606: Balaji S. Srinivasan — 5-10-Year Predictions, How to Start a New Country, Society-as-a-Service (SaaS), Bitcoin Maximalism, Memetic Warfare, How Prices Are Born, Moral Flippenings, The One Comman
Brought to you by Eight Sleep’s Pod Pro Cover sleeping solution for dynamic cooling and heating, Athletic Greens all-in-one nutritional supplement, and Shopify global commerce platform providing tools to start, grow, market, and manage a retail business. Balaji S. Srinivasan (@ba ... Show More
3h 24m
Mar 2023
#658: CEO Coach Matt Mochary — Live Coaching with Tim, Why Fear and Anger Give Bad Advice, How to Perform Personal Energy Audits, The Power of Accountability Partners, Delegation Tips, Strategies for
Brought to you by Athletic Greens’s AG1 all-in-one nutritional supplement, Helix Sleep premium mattresses, and FreshBooks cloud-based small business accounting software. Matt Mochary (@mattmochary) coaches the heads of top Silicon Valley tech investment firms and companies on how ... Show More
2h 25m
Jan 2017
Tim Ferriss: The Story Beyond The Tools
Tim Ferriss is a man on a mission, driven to deconstruct mastery and excellence, then share what he’s learned.It began with his own relentless experimentation and documentation, which yielded #1 New York Times bestsellers The 4-Hour Workweek, The 4-Hour Body and The 4-Hour Chef.I ... Show More
1h 9m
Nov 2017
501: PERSONAL - Tim Sanders, love your way to the top
Tim Sanders brings love into the workplace. No, we are not talking anything elicit, we are talking about possibly the number one way and fastest to accelerate your career, business, income and life. Tim knows what he is talking about, as he  spent most of his early career on the ... Show More
1h 20m
Sep 2021
#534: Michael Dell, Founder of Dell — Early Failures, Battling Carl Icahn, Learning from the Competition, and How to Play Nice But Win
Michael Dell, Founder of Dell — Early Failures, Battling Carl Icahn, Learning from the Competition, and How to Play Nice But Win | Brought to you by Wealthfront automated investing, Helix Sleep premium mattresses, and Tonal smart home gym. More on all three below.Michael Dell (@M ... Show More
59m 20s
Mar 2022
#578: Tim Ferriss and Matt Mullenweg in Antarctica: Exploring Personal Fears, Bucket Lists, Facing Grief, Crafting Life Missions, and Tim’s Best Penguin Impressions
Tim Ferriss and Matt Mullenweg in Antarctica: Exploring Personal Fears, Bucket Lists, Facing Grief, Crafting Life Missions, and Tim’s Best Penguin Impressions  | Brought to you by Eight Sleep’s Pod Pro Cover sleeping solution for dynamic cooling and heating, Wealthfront automated ... Show More
2h 1m