20VC with Harry Stebbings
20VC with Harry Stebbings
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Keith Rabois & Eric Glyman: The Tools, Tips, Secrets and Process That Drive Efficiency | E1148
Keith Rabois is a Managing Director @ Khosla Ventures and one of the most respected venture investors of the last decade. Keith has led investments in Stripe, Faire, Ramp, Affirm and many more. Prior to Khosla Ventures, Keith was General Partner at Founders Fund, where he led investments for Ramp, Trade Republic, and Aven.
Eric Glyman is the Co-Founder and CEO of Ramp, America's fastest growing corporate card and finance automation platform. Under Eric’s leadership, Ramp has raised more than $1 billion in financing, with a valuation of $8.1 billion. Prior to Ramp, Eric co-founded Paribus, a price-tracking app to help consumers save money (acquired by Capital One). Ramp recently raised another $150 million series D round co-led by Founders Fund and Khosla Ventures, with a post-money valuation of $7.65 billion.
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Timestamps:
(00:00) Intro
(00:54) Founders Fund & Khosla Deals
(03:09) Ramp's Secret Ingredients for Future Finance
(05:28) Eric's Strengths & Weaknesses
(07:51) Keith’s World Class Brilliance
(09:10) Eric’s Inputs & Outputs
(12:13) Essential Advice for Founders on Speed Execution
(15:53) Top Challenges Ahead in Growth
(24:08) What Defines a Great CEO
(29:17) Direction for Today's Entrepreneurs
(31:52) Identifying Market Potential
(34:07) Product to Platform Challenges
(38:38) Quick-Fire Round
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In Today’s Episode with Eric Glyman and Keith Rabois We Discuss:
1. Behind Ramp’s Partnership with Founders Fund & Khosla Ventures:
How did the first Founders Fund deal come to be? How was the first meeting?
What does Keith mean when he says Ramp has the “secret sauce” to be successful?
What are 1-2 things Keith thinks Eric is world class at? What are 1-2 things Eric thinks Keith is world class at?
How did the latest Khosla deal come to happen?
2. Ramp: The Fastest Executing Company on the Planet:
How is Eric so good at executing at Ramp? What is his biggest advice to founders on speed of execution?
What are Eric’s biggest challenges in the next 12 months at Ramp?
Why does Keith believe momentum is crucial for early stage startups? What are some easy ways founders can build momentum?
How does Eric think AI will accelerate Ramp and the world of finance?
3. Leadership Lessons From the Best Founders:
What are Keith’s biggest lessons from Brian Chesky @ Airbnb?
What did Keith learn from Jack Dorsey @ Square about leadership?
What does Eric think founders today should build? What should they not build?
What did Eric learn from Keith on how founders should measure time & progress?
4. Hiring & Team Management:
How did Ramp build a solid talent team? What did they do differently?
Does Keith & Eric believe it is better to hire externally or promote internally? What is the right balance?
Does Keith agree founders should hire & get out the way or micromanage?
How many direct reports does Keith think is enough?
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Subscribe on Spotify:
open.spotify.com/show/3j2KMcZTtgTNBKwtZBMHvl?si=85bc9196860e4466
Subscribe on Apple Podcasts:
podcasts.apple.com/us/podcast/the-twenty-minute-vc-20vc-venture-capital-startup/id958230465
Follow Harry Stebbings on Twitter:
HarryStebbings
Follow Keith Rabois on Twitter:
rabois
Follow Eric Glyman on Twitter:
eglyman
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#20vc #harrystebbings #keithrabois #ericglyman #ceo #founder #venturecapital #startup #partnership #foundersfund #khoslaventures #ramp #hiring
Переглядів: 4 031

Відео

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Переглядів 6 тис.7 годин тому
Mark Suster is a General Partner @ Upfront Ventures, one of LA’s leading early-stage venture firms. Prior to leading Upfront, Mark was a serial entrepreneur having founded two software companies, selling both with the last selling to Salesforce.com. Mark is also a prolific writer and one of his favourite pieces, Lines Not Dots is one for the ages. Timestamps: (00:00) Intro (03:00) Entry into Ve...
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Arthur Mensch is the Co-Founder and CEO of Mistral AI. Since its inception in May 2023, Mistral has raised over $520M in funding from investors like Andreeseen Horowitz, General Catalyst, Lightspeed Venture Partners, and Microsoft with a current valuation of $2 billion. Before founding Mistral, Arthur was a research scientist at DeepMind, one of the leading AI institutions in the world. Timesta...
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Rujul Zaparde: Why Hiring Inexperienced People is Better | E1144
Daniel Dines: From a Dollar a Day to Romania's Richest Man| Happiness, Wealth, Risk and more | E1143
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Daniel Dines: From a Dollar a Day to Romania's Richest Man| Happiness, Wealth, Risk and more | E1143
Girish Mathrubootham (HINDI): Biggest Product and Pricing Lessons from Scaling to $597M in ARR
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Girish Mathrubootham (HINDI): Biggest Product and Pricing Lessons from Scaling to $597M in ARR
Girish Mathrubootham: Biggest Product and Pricing Lessons from Scaling to $597M in ARR | E1142
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Girish Mathrubootham: Biggest Product and Pricing Lessons from Scaling to $597M in ARR | E1142
Vickie Peng: Why the Best Product People Actually Build Less Product? | E1141
Переглядів 4,5 тис.14 днів тому
Vickie Peng: Why the Best Product People Actually Build Less Product? | E1141
Sam Altman & Brad Lightcap: Which Companies Will Be Steamrolled by OpenAI? | E1140
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Sam Altman & Brad Lightcap: Which Companies Will Be Steamrolled by OpenAI? | E1140
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Sam Blond: Why Startups are Doing Outbound Wrong and How to Fix It | E1139
Kevin Ryan: Are the Best CEOs the Best Fundraisers & Why Ownership Should Not Be a Focus in VC|E1138
Переглядів 5 тис.21 день тому
Kevin Ryan: Are the Best CEOs the Best Fundraisers & Why Ownership Should Not Be a Focus in VC|E1138
Bastian Lehmann: How the Uber Deal Went Down and How a $2.65BN Deal Turned into $5BN | E1137
Переглядів 6 тис.21 день тому
Bastian Lehmann: How the Uber Deal Went Down and How a $2.65BN Deal Turned into $5BN | E1137
Mario Schlosser: "How to Deal with a 94% Decline in Market Cap" | E1136
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Trae Stephens: Why No Company is Successful Because of their VC | E1135
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Trae Stephens: Why No Company is Successful Because of their VC | E1135
Billy Hult: 27 Years of Compounding Growth Leading to the Market Leader with $1.4BN in Revenue|E1134
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Billy Hult: 27 Years of Compounding Growth Leading to the Market Leader with $1.4BN in Revenue|E1134
Chris Dixon: Who Will Win the Next Generation of Venture? | E1132
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Chris Dixon: Who Will Win the Next Generation of Venture? | E1132
David Clark: Lessons from 32 Years of Fund Investing - Why Exits Will Be Larger | E1131
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David Clark: Lessons from 32 Years of Fund Investing - Why Exits Will Be Larger | E1131
Bryan Johnson: Why Humans are No Longer Qualified to Manage Our Own Affairs | E1130
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Bryan Johnson: Why Humans are No Longer Qualified to Manage Our Own Affairs | E1130
Jean-Michel Lemieux: Three Product Decisions Every Team Needs to Make | E1129
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Jean-Michel Lemieux: Three Product Decisions Every Team Needs to Make | E1129
Gili Raanan: One of the Best Seed Investor of All Time: 1 Decacon, 7 Unicorns, 4 Acquisitions| E1128
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Luca Ferrari: Scaling to 500M Downloads, $360M in Reported 2023 Sales and a $2.55BN Valuation |E1127
Chandra Narayanan: Top 5 Lessons from Leading Analytics at Facebook | E1126
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Nicolai Tangen: Managing the Largest Sovereign Wealth Fund in the World | E1122
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КОМЕНТАРІ

  • @dosdannys
    @dosdannys 3 хвилини тому

    Work? They called work to be an Executive? WTF ? Talking all day in Suits is not working. Working is going in the morning to pour concrete in a New building construction and after that going to a Restaurant to work as a dishwasher and sleeping everyday for 4 hours. You go home to sleep and you are so tired that you put a nylon cover over your mattress and follow sleep with the same clothes from your dishwasher job.

  • @confirmhandle
    @confirmhandle 20 хвилин тому

    I mean whatever let's give it a try, we throwing trillions at other countries and giving all the illegal immigrants all sorts of health care and $1,000 gift cards

  • @deanpapadopoulos3314
    @deanpapadopoulos3314 38 хвилин тому

    Brilliant.

  • @SrijithRavindran1987
    @SrijithRavindran1987 Годину тому

    I’m on a work permit in USA and make pretty decent salary to run my daily needs. But I’m a guy who when back home India loved to hustle and make side projects by investing in different opportunities. To gain knowledge and some monetary benefits. Here now in US love my job and pay but don’t like sitting idle post work. Any suggestions?

  • @KushiteComplex
    @KushiteComplex Годину тому

    Bill Ackman funds Zionist terrorist groups to attack peaceful protestors against Palestinian genocide. INVESTIGATE HIM!

  • @acevelevski9992
    @acevelevski9992 Годину тому

    Like superannuation that every other country has?

  • @SpaceCadete101
    @SpaceCadete101 2 години тому

    so sensible

  • @design-dwg5785
    @design-dwg5785 2 години тому

    Should have just stuck it in the S&P 500 like all the UA-cam investors tell us to. Ackerman could argue with them but they've never lost $400 mil lol

  • @b.s.8359
    @b.s.8359 2 години тому

    That is not a savings account! That's an investment portfolio. And in that fashion, it is just another way to have the government print money and hand it to corporations. The exact practices that are ruining this country.

  • @dennismorris7573
    @dennismorris7573 3 години тому

    Inspiring interview.

  • @markball4298
    @markball4298 3 години тому

    Good idea but they should have to pay $7000. back by 30 Years old or they don't receive it that way it will not cost tax payers flip the $7000. Once paid to another baby

  • @constancefrohly1996
    @constancefrohly1996 4 години тому

    $7000 would NOT give a million at age 65, the math don't math here

  • @carolspencer6915
    @carolspencer6915 4 години тому

    Good evening Harry Sam and Brad Super exciting shared conversation. Think I very much require to be part of something similar, to begin development of an idea much like a 'St AI research type system' to integrate into a brand new creative healthcare delivery service. For the betterment of all. Story very short! Truly grateful for your shared experience and wisdom. 💜

  • @samuelmiharris
    @samuelmiharris 5 годин тому

    Rishi Sunak needs one of these.😊

  • @stt.9433
    @stt.9433 5 годин тому

    What's crazy is the government was like yeah lets use that for our people. Meanwhile in the US, the government is like yeah lets use that for world domination.

  • @Kcs599
    @Kcs599 5 годин тому

    He pretty much described what social security is supposed to be. It sounds plausible if we get rid of social security. But I think it should be a mom and dad thing

  • @MegaTinoe
    @MegaTinoe 5 годин тому

    Utter nonsense

  • @Maxbfishing
    @Maxbfishing 6 годин тому

    As fools will be separated quickly from "baby funds" w loans against. Poor babies

  • @vitalis
    @vitalis 6 годин тому

    That’s a good observation

  • @OKTL8978
    @OKTL8978 6 годин тому

    More Zionist propaganda. Jews are not being targeted. The extreme policies of a foreign govt that our elected officials (who work for us) and our tax dollars support, is being targeted. Stop spreading misinformation.

  • @Nate-vq6bb
    @Nate-vq6bb 6 годин тому

    That won't create inflation at all

  • @cheetor1987
    @cheetor1987 6 годин тому

    That'll work until the government finds a way to access these trusts, and we all know they'll do anything to take money from people.

  • @kfitzz
    @kfitzz 7 годин тому

    Dumb, 1 million will have 100k in purchasing power in 65 years, government would need to invest 70k at the cost of 200 billion a year. This guy is talking out his ass.

  • @gammaraygem
    @gammaraygem 7 годин тому

    and...another psycho at the wheel...safety over money...lol

  • @MidwestMade1
    @MidwestMade1 7 годин тому

    That’d draw from those baby accounts to bail out the banks

  • @jerryware1970
    @jerryware1970 7 годин тому

    The Social Security Trust Fund started off as a savings account then the government started to borrow against it, and now Washington acts like it doesn’t need to pay it back. The same thing would happen to these savings accounts.

  • @jasonl3254
    @jasonl3254 7 годин тому

    I don’t think Jensen Huang has much of a relationship with his wife or kids

  • @MrPotatoMan999
    @MrPotatoMan999 8 годин тому

    Inflation is wild

  • @brocbellmore2091
    @brocbellmore2091 8 годин тому

    NVDA to $300

  • @hulkhuggett
    @hulkhuggett 8 годин тому

    Much better idea than ssi taxes that get robbed. Oh, I mean, borrowed.

  • @Car-guy307
    @Car-guy307 9 годин тому

    Con man 😮

  • @StyleViewStudio
    @StyleViewStudio 9 годин тому

    So what a brilliant idea!! But I also I also think the single mothers and with mother should be supported for at least three years until the baby is grown and becomes a little bit more stable. is the alternative to all these battles of abortion and all these nonsense abortion is not good liberty no liberty. If you wanna argue go ahead I’m not participating in it. I’m a woman, but I really want to see Support for young ladies who faced this option simply because they don’t have the ability to support themselves.

  • @PeterTroutman
    @PeterTroutman 9 годин тому

    Free money is a curse, Bill just wants to flood the investment market with more capital forced from taxation

  • @muzorewi
    @muzorewi 9 годин тому

    I work really hard too, but this is dumb as fuck.

  • @averageinternetuser286
    @averageinternetuser286 9 годин тому

    Money brings you happiness because you can allow yourself to have experiences that give you happiness like traveling, sky diving or what this guy did

  • @Rob-md6ml
    @Rob-md6ml 9 годин тому

    Yeah except on 15years time the dollar won't exist

  • @StyleViewStudio
    @StyleViewStudio 10 годин тому

    Exactly…

  • @bumblebee1178
    @bumblebee1178 11 годин тому

    Second Just had to put that out.

  • @user-xh3wl1uq6z
    @user-xh3wl1uq6z 11 годин тому

    Bro looks like Paul Scholes ☠️

  • @harrybalsagne616
    @harrybalsagne616 11 годин тому

    Lmao you mean like social security that is already being pissed away?

  • @docstew75
    @docstew75 11 годин тому

    I could get behind this kind of program and wouldn’t have a problem contributing tax dollars for it. Set it up so that every child in America gets a prorated account created for them ($7500 for 1yo, $10000 for a 5yo, etc), and THEN DROP SOCIAL SECURITY FOR ANYONE WITH ONE OF THESE ACCOUNTS. They don’t pay into it, they don’t receive it, the program sunsets. Anyone between 18 and 30 who wants to can direct the SSA to transfer 100% of their contributions into one of those accounts and remove them from the system permanently. We have to move away from social security; it’s not sustainable and it’s not fair to saddle future generations with a debt they had no say in creating.

  • @confirmhandle
    @confirmhandle 11 годин тому

    I kept banking cocaine and hookers Wow I was doing it all wrong

  • @ChIGuY-town22_
    @ChIGuY-town22_ 12 годин тому

    Boycott all companies that support Israel including Google.

  • @anzaklaynimation
    @anzaklaynimation 12 годин тому

    “If you really love your job, it is not gonna feel like a hours long duty.”❤

  • @BrandyBalloon
    @BrandyBalloon 12 годин тому

    Actually it's mathematically impossible for this to work for everyone. If everyone acquires a large sum of money, it will be their equal share of the total money supply and therefore be of little value. Being wealthy means having much more than average. It's not possible for everyone to be wealthy. For every person who has more than their equal share, everyone else collectively has less than their equal share. The only way for everyone to have more is to create more money and all that does is devalue the existing money.

  • @gabrielegiraldo5786
    @gabrielegiraldo5786 12 годин тому

    That's really smart to inflate the equity market even more LOL

  • @rodrigodias54
    @rodrigodias54 12 годин тому

    If everyone has $1M then it won't be worth $1M bruh that's not economics

  • @HiCZoK
    @HiCZoK 13 годин тому

    That makes absolutely no sense and would infalte prices like crazy if everyone had 1mil by the time they were 65. Absolutely idiotic

  • @Lobgwiny
    @Lobgwiny 13 годин тому

    The Norwegian wealth fund has spectacularly underperformed in recent year, so maybe the ticker is a bad idea and this guy is bad at his job.

  • @cchan824
    @cchan824 14 годин тому

    Raising funds is difficult and lonely especially if you have runway pressure