EP 18: Parker Conrad, Sequoia’s Leaked Deck, a Different Kind of Crisis and VCs vs. Hedge Funds

(00:08) Welcome Zach Weinberg(00:55) Andreessen Horowitz/Flow Carbon(10:41) Crypto Litigation Risk(16:27) Venture vs. Hedge Funds(22:25) Sequoia’s Leaked Deck(27:04) Different Kind of Crisis(28:20) Tech Companies Had It Easy(30:21) Uber vs. Lyft(34:16) Down Rounds(40:27) High Valuation Doesn’t Mean Good Employment(45:31) 2008 Work Force(49:50) Parker Conrad Intro(50:13) Working on Harvard’s Crimson(52:45) Left School for a Little Rock Newspaper(55:13) Cancer Diagnosis(57:16) Starting SigFig(58:52) Raising Money Pre-2013(1:05:29) Challenges in Automating(1:08:36) The Public Narrative(1:10:36) Forced Out of Zenefits(1:19:50) VC’s Role in Narrative(1:22:59) What Do Founders Want From VCs?(1:25:46) Do VCs Increase Success?(1:30:09) Discussing Rippling(1:38:16) Building a Compound Company(1:46:56) Hiring People With a Chip On Their Shoulder(1:49:02) Most Important Job of a CEO(1:51:05) Raised the Next Round(1:54:47) Determining the Valuation(1:58:09) San Francisco Follow the show:https://twitter.com/cartoonavatarshttps://www.instagram.com/cartoonavatars/https://www.tiktok.com/@cartoonavatars Follow the host:https://twitter.com/loganbartlett Mixed and edited: Justin HrabovskyProduced: Andrew Nadeau and Rashad AssirExecutive Producer: Josh MachizMusic: Griff Lawson Links:Sequoia’s Leaked Deck - https://fortune.com/2022/05/25/sequoia-capital-slide-dek-warning-to-founders-downturn/Zack’s Twitter Battle - https://twitter.com/zachweinberg/status/1527107650911186944?s=20&t=DN_FdiP-WW6rDwmHNkJPTAParker Conrad Discussing Chip on Their Shoulder - https://techcrunch.com/2021/11/18/parker-conrad-i-like-working-with-people-who-have-a-chip-on-their-shoulder/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAAqlH6GlRJ8EA-ptL8cD-XPUGeoXNRqKe9l_Qegi--qyyHZQrMTJ8bwlg47vSJ9rkc2eaJlUKyMvb3wA-Rw2PjFYJl5gUwZfO0WPMLF-tRT_lVDYq_uoEnC29d6L45AlVFRTnPJqbCPEJM0_ICBeqES_kZ8t5gUQkVg7BwMKsGs7Chesa Boudin and San Francisco - https://www.theatlantic.com/ideas/archive/2022