Episode 2087: Alex Dang and Ilya Strebulaev on How to Think Like a Venture Capitalist
Venture capitalists aren’t everyone’s cup of tea. For leftists, they are Trump supporting vultures, feasting on the rotting carcass of neo-liberalism. But for Alex Dang and Ilya Strebulaev, co-authors of THE VENTURE MINDSET, the top venture capitalists offer a lesson to all of us in how to make smarter bets and achieve extraordinary growth in both our businesses and our lives. Dang and Strebulaev who - surprise, surprise, both teach at Stanford - may have a point. There’s nothing cuddly about VCs, but if you want to survive in our entrepreneurial age, it might be smart to mimic the venture mindset.
Alex Dang is a technology executive and digital strategy advisor with two decades of experience at companies like McKinsey, EY, and Amazon. As a Partner at McKinsey, he helped clients to design and build new digital businesses and develop innovation capabilities. As Amazon product leader he launched numerous new services and solutions for millions of customers across ecommerce, supply chain, and AI. He graduated from the Stanford Graduate School of Business.
Ilya Strebulaev is the foremost academic expert on venture capital. As the founder of the Venture Capital Initiative and a Professor of Private Equity and Finance at Stanford University’s Graduate School of Business, where he teaches a popular class on venture capital, his research has been widely published in leading academic journals and featured in the Wall Street Journal, the New York Times, Bloomberg and the Harvard Business Review. He frequently leads workshops and executive sessions for senior business and government leaders around the world and has consulted for companies and investors on the venture industry trends and corporate innovation. In 2023 he was named a Top Voice on LinkedIn.
Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running How To Fix Democracy show. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children.
Keen On is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.
This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe
Why Even Sam Altman Wants to be Gary Marcus: From Son of Sam to Son of Gary in a single ChatGPT Release
Dr Strangelove Returns: Palantir and the New Military-Industrial-Digital Complex
MAGA Voters Aren't Stupid: That's Why They Don't Care What Right-Wing Podcasters Think
Getting Queerer Quicker: No, The Literary Man Isn't Disappearing—He's Just Not Longer White or Straight
Who Owns The Front Door? The Multi-Trillion Dollar Battle to Assemble the AI Jigsaw
From Mean Streets to Wall Street: How Trump, Koch, and the other Gods of New York Remade America
Move Fast and Fix the World: Here Comes the Sun in the Nick of Time
The Redistricting Apocalypse: How Chief Justice Roberts Let All the Evil Spirits out of American Democracy
Back to the Digital Future: Why the Future of AI Healthcare Might be a Return to the Gig Economy
From Scrubbing Toilets to Talking around the Water Cooler: Why AI Won't Kill the Jobs of Those Who Clean Up Our Mess
Nostalgia vs. Progress: The Left's Dilemma in Post-Industrial America
When AI Breaks Your Heart: The Week Nothing Changed in Silicon Valley
From Brazilian Model to Nuclear Advocate: How one Woman's Radical Climate Anxiety is Generating a "Rad Future"