On Turpentine VC, host and venture capitalist Erik Torenberg delves deep into the art and science of building successful venture firms through conversations with the world’s best investors and operators. Hear about insider strategies on decision-making, investment theses, and building firms for the long term—from the ground-level, VC to VC. Guests in season 1 include Ben Horowitz of a16z, Mamood Hamid and Ilya Fushman of Kleiner Perkins, and Alfred Lin of Sequoia.
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On Turpentine VC, host and venture capitalist Erik Torenberg delves deep into the art and science of building successful venture firms through conversations with the world’s best investors and operators. Hear about insider strategies on decision-making, investment theses, and building firms for the long term—from the ground-level, VC to VC. Guests in season 1 include Ben Horowitz of a16z, Mamood Hamid and Ilya Fushman of Kleiner Perkins, and Alfred Lin of Sequoia.
This week on Turpentine VC, we’re releasing Sourcery’s Molly O'Shea’s interview with Alex Kolicich, founding partner at 8VC to discuss Alex's H1 2024 report on the venture landscape, covering AI investment challenges, the resurgence of defense technology, and broader economic trends impacting markets. For full show notes, visit: https://highlightai.com/share/3f9d98f9-c3d6-42c9-b2cc-e6ba32c668e4
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RECOMMENDED PODCASTS:
🎙️ Sourcery
Interviews with the top VCs & Founders leading the next tech innovation cycle.
Spotify: https://open.spotify.com/show/2Ni3Tese9CtZa3oxpCjgTg?si=9b01b3dbcca242f0
Apple: https://podcasts.apple.com/us/podcast/sourcery/id1738124704
Youtube: https://www.youtube.com/@SourceryVC
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LINKS:
8vc: https://www.8vc.com/
Alex’s Substack: https://www.alexkolicich.com/
Alex’s first appearance on Sourcery: https://www.sourcery.vc/p/exclusive-alex-kolicich-8vc-exodus
Alex’s latest H1 2024 report: https://www.sourcery.vc/p/alex-kolicich-8vc-ai-and-defense
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FOLLOW:
@AlexKolicich
@MollySOShea
@eriktorenberg
@TurpentineVC
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TIMESTAMPS:
(00:00) Intro
(00:59) Meet Alex Kolicich
(01:50) Diving into the H1 2024 venture landscape report
(02:03) The AI investment paradox
(03:31) Challenges and opportunities in AI
(07:25) Public vs. private market dynamics
(08:24) The role of AI in software and market valuations
(12:32) Fundraising strategies in the AI era
(13:01) Sponsors: Carta | Oracle
(19:12) AI capabilities and the future of technology
(25:58) The Gartner hype cycle and AI's future
(28:08) AI market trends and valuations
(29:00) The exit environment and acquihires
(29:28) Challenges in IPOs and M&A
(32:03) Opportunities in secondaries
(32:52) Sponsor: Squad
(33:58) Defense wave: A new frontier
(43:52) Changes in defense procurement
(49:31) Advice for defense startups
(52:09) Reflections on AI and market surprises
(55:32) Wrap
"Turpentine VC" | Venture Capital and Investing
On Turpentine VC, host and venture capitalist Erik Torenberg delves deep into the art and science of building successful venture firms through conversations with the world’s best investors and operators. Hear about insider strategies on decision-making, investment theses, and building firms for the long term—from the ground-level, VC to VC. Guests in season 1 include Ben Horowitz of a16z, Mamood Hamid and Ilya Fushman of Kleiner Perkins, and Alfred Lin of Sequoia.
