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- čas přidán 6. 08. 2024
- This talk was recorded LIVE at the All-In Summit in Miami!
0:00 Pear VC Founding Managing Partner Mar Hershenson gives a talk on making successful entrepreneurs: can great founders be created, or is it something they are born with?
17:04 Bestie Q&A with Mar: Catalyzing great founders, why the PayPal Mafia created more unicorns than early Google employees, creating more opportunity for underrepresented founders, inducing failure & more
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#allin #tech #news
Friedberg not knowing the definition of “penultimate” is his only weakness
Love the point around failures. It’s one of the most underrated points.
I learned all of these skills at ART college:
failing fast, public speaking, self-belief, selling your story, creative / independent thought, embracing your individuality
"Nobody will ever tell them what I told them, because everyone either works for them or wants money from them"
Friedberg never misses.
Friedburg is based
Drop the Palmer Luckey interview!
Man I been waiting for that since the little tease they gave us. I'm loving the extra Besties but drop it soon please
Yeah @jason please drop the Palmer Luckey interview ASAP!!
Yes!!
Mar did a great job, this was one of the best talks at the Summit. Surprised at the negativity in the comments. Maybe it's because I have kids and I'm thinking of their future in this context.
Exceptional talk. I have always known pear as a great VC, now I know why.
Very inspiring presentation Mar
Let’s not forget the power of Asperger’s.
Love this thank you!
Inspirational. thanks
I gotta say, I am not a fan of the Ted style talks. There is no shortage of smart people giving monologues with fancy slides. What makes this podcast interesting, is the discussions, which are more organic, and go well beyond the slideshow talking points. The candid discussions is where the magic is.
Side note: The speaker mentions Stanford, as a factor in "producing" entrepreneurs. But the causality could just as well be reversed. i.e. Smart capable people are the only ones accepted, and they would do great things independent of Standford.
Agreed. The Q&A discussions are much more interesting than the power point presentations.
Hate to say it but same. I have been skipping to the Q&A for most of these. I wish they had more time for the discussion.
Places like Harvard don't produce the same number of entrepreneurs. Many of the smartest graduates join large existing companies or PE shops instead.
@@Seriousasaninfarc That's a good point.
Amazing! Awesome channel, and what a streak of content
These posts are making me want to go the next conference!!!
3 in one day! loving it !
3?
@@siddharthsaxena2560 well I woke up really early and I had 2 notifications that 2 episodes came out. (One may have came out very late the night before technically) anyway I watch 2 episode back to back then later that day in the evening one came out at 7pm, so I watched 3 in one day
@@AndreAnyone perception is reality
So, if i make an all male team then i am sexist but if i female founder make all female team its powerful. don't get me wrong but why as a male we need to deal with so many more. shouldn't it be all about talent ?
and if you give real attentionto this crap,they all failed..got 1 million from some diversity budget of some huge fund and failed, she forgot to state that
Get woke go broke
Would also like to add to this that there is a Mother’s Day and a Father’s Day but there is no kids day. BS
It’s important because it never happens. Apparently us humans work in a way that we need to see ‘ourselves’ into those successful unique positions. Seeing another human is not enough.
People self disqualify years before they even could try. Waste of talent and opportunity!
Didn't you hear the part where she said that only 2% of founder teams are all female? Its not about discouraging men but its a fact that male founder teams are in such a large majority. She also never said it would be sexist to have an all male team but that female founders should be more encouraged.
the secret ingredient is confidence
Fantastic choice of speaker! Mar this was so illuminating and brilliant. As a designer who wants, in a few years, to start my own company, this gives me confidence to forge on.
This is fucking gold. Please take me in
33:14 lmao 😂
They way Mr PowderBlueSuit is cut off to get to the point (at 18:23) makes me wonder if the best entrepreneurs use a bit of brashness to achieve things timelily.
Keep going!
This has been the best and most inspiring talk for a better future of everything uploaded so far.
How did u watch it so fast??
@@carlosmo3345 Noti Gang. Also only the first half is her talk, the rest is the bestie Q&A.
this was outstanding
Amen the conversations are priceless when you get the b****** and the truth tellers and The visionaries all in one place the earthquakes
The world is all about giving women every advantage possible now
Amazing!!
OMG. How many women is thinking this .. “ When I grow up I want to be Mar” . She is doing incredible work and changing people’s life ❤️❤️❤️
Cincinnati shoutout
ANOTHER ONE
still got plenty to go! first!
loving these
Getting to Yes. I just mentioned that in the segment on gun control!
Smart men make mistakes
Stupid men make the same mistake twice
Wise men learn from others mistakes
None of those startups would have started if they were in a poor country and they themselves were poor. Worrying about when your next meal is coming from or who's going to feed your siblings or where will you sleep. Don't give people time to come up with how they will change e-commerce, television or banking.
Elizabeth Holmes went to Stanford too. Mar needs a new outlook if she thinks the solutions to the worlds problems comes only from Palo Alto.
maybe the biggest factor in paypal mafia prevalence was simply a counter cyclical exit? flush with cash to leverage in the next cycle.
you must have a good business if your timing is off, but if your timing is right, even a weak business can thrive
Watching your videos from the other side of the world makes me feel like as if I'm part of the VC / Startup scene happening in the U.S. It's an enlightening process for me to then look at those individuals' works and sharing of ideas across other platforms such as through Twitter and Linkedin. It gives me this urge to want to build something too! Truly grateful for the quality content from the besties and their guesties.
Episode ?: Jason still here.
AIS (All-In Summit) talks are not numbered episodes
@@ericminnerath4892 Eric you might be new here. I know, I know everything all-in related. I’m Nicks daddy.
Fabulous, they should have let Mar do more of the talking!
14:22 branson kek
Open sexism against men being applauded, again. The Virtue Signalling is strong in these ones…
Given a free choice men and women make different lift choices. Get over it.
Great advice, you guys n girls are so cool :D
Insightful. Thanks Besties. You guys are an inspiration 🔥
Eh....men don’t experience imposter syndrome....ok
Excellent talk.
Why does she assume most men have confidence. Most people in my field(concept art/illustration) at high & low levels have some form of imposter syndrome. Specifically in fields that are very complex and you know you don't know enough.
This talk is everything I find distasteful about Valley VCs. The immense amount of reasoning by analogy / correlation as causation, the Cargo Culting that because you've seen X companies who were Y that it's somehow necessary to starting an impactful company, and the emphasis on demographics instead of specifics when discussing the companies / founders themselves. This is the same outdated reasoning that in the past meant two MBAs from Harvard or Stanford would get funded as long as they had a reasonable pitch deck, while scrappy founders from places like India or China or Africa would not. Thank god there are more VCs now and not everyone thinks like this lady.
I agree, diversity doesn't just mean different skin colour or demographics it should also include diverse characteristic in founders/ company.
Everything I wanted to say. Very frog in a well reasoning and logic. Super elitist. She’s giving women VCs a really bad name.
Agreed.
Could not agree more
THANK YOU! just commented the same
Survivorship bias: They're funding the founders and then getting their VC network involved to back their bets. Just because you raise a lot of money, doesn't make you a great founder.
Gonna be heartbreaking to go back to one a week.
Firstish
What I find ironic is when the panel starts discussing business fundamentals regarding sales, marketing, failure, etc. demographics are never mentioned. When you go into Walmart, Target, Best Buy, etc. to buy a product, does the race, gender, identity, or whatever nonsense social justice quota tripe that these folks are pushing come into consideration? Or is the quality, availability, your need, or just your own disire to purchase the product for yourself paramount? This is all nonsense. My wife and I have two sons and one daughter. We want all three of them to succeed. Not just our daughter, at the expense of our sons. Do better y'all. Stop buying into this hippie feel good happy talk! America is about merit, ability, resourcefulness, adaptation, perseverance, and COMPETENCE. The real world doesn't give two craps about this corporatist social justice agenda. It's degradation, division, and derision wrapped in a pretty pink bow. It's poison. "The loudest voices for tolerance, come from the most intolerant people." - Andrew Wilkow
Just watched ... So it's super valuable to be at Stanford but anyone, anywhere can be an Entrepreneur? Make up your mind ... your biases are clearly showing.
I'm so glad the besties called out Insider... It is such a rag outfit. They operate on two principles.... Clickbait and propaganda.
As an employee if I'm given unattainable objectives, I'll just quit and go work somewhere with better working conditions.
Given that 60% of people coming out of College now are woman, I would hope that it creates more female founders. It's great that people like Mar are helping drive this. But my question is, who is doing this for our POC communties? They too should have similar opportunties to learn and create businesses. Put folks in the right environment and stars will be born.
The problem with the traditional VC in my opinion(as a broke minority college student) is the fact that it embodies everything wrong with the American Educational System and systematic inequality. Elon Musk is the exact scenario I was hoping she would NOT bring up. Elon Musk, like MANY successful founders in the Free World, came from very VERY well endowed parents. The average yearly income of a Stanford University family is about $200,000 dollars. SAT scores are very tightly related to Family household income.
She’s just shilling her expensive (Stanford) course. Musk wasn’t a good example, but the guy can create some solid products and that’s what matters.
if they were endowed, why his mother was beging for money in Canada after the divorce.?!
His family may have had money, but he came to America with just 2 grand
Despite the economic fluctuation, I’m so excited I’ve been earning $45,000 from my $10,000 investment everyday 10days.
She's really amazing i still cannot believe someone can be this exceptional when it comes to Bitcoin activities.
Yeah I'm a living testimony of Expert Angela Cole Carr her strategies since February is enormous.
I know Angela Cole Carr . She obviously brings a lot of experience in trading to the table but more importantly I think she is a tough person in an industry that demands clairvoyance.
@@beuladegraffenreid4210 I've really heard lot about Angela Cole Carr, please can I have her info
She's is a great personality in the state 🇺🇸 I thought people don't know her
Very generic and bland. Hit me with Palmer.