March 14, 2022

20VC: David Friedberg on The Framework for Business Value Creation, The Bifurcation in Venture Today That No One Talks About, The Impact of Interest Rate Hikes on Venture and Step by Step; How TPB Incubates, Funds and Exits The Next Generation of Companie

Listen Later

44 minutes

David Friedberg is Founder and CEO of The Production Board (TPB), a holding company established to solve the most fundamental problems that affect our planet, by reimagining global systems of production. Prior to founding The Production Board, David founded The Climate Corporation, a 10-year journey that culminated in their $930M acquisition by Monsanto. If that was not enough, David is the Founder and Chairman at Metromile and also sits on the board of Soylent, Clara Foods, Tillable, Cana Technologies and more.

In Today’s Episode with David Friedberg You Will Learn:

1.) Origins:

How David made his way into the world of startups and technology from academia and physics?
What were David's biggest takeaways from scaling The Climate Corp to $930M exit to Monsanto?
How did the exit put pressure on David for all future companies he builds? How does he manage that?

2.) The Macro: Venture + The Economy

How does David foresee the impending rate hikes? What impact will this have on venture and the economy?
What segment of the market will be first to be hit? Why is growth investing last to be hit? How does early stage play out in this very new environment?
How will we see the velocity of capital deployment change in this new period? What does David believe are some of the crucial flaws of the venture model?
How does David reflect on his own price sensitivity? What lessons has he learned from deals he has done or missed that have changed his perspective?

3.) David Frankel: The Business Builder

What is David's rubrik for business value creation? How has this changed with time?
How mentally plastic does one have to be around the time it takes to see margins, unit economics etc change from negative to positive?
How does David and the team approach building new companies at TPB? Where do they find the founding teams? How do they incentivise them?
How does TPB approach continuous funding for the companies they create? What milestones need to be hit? How do they assess them?
How does David approach liquidity with regards to exits for the companies they create? Why does their holding company structure mean they have different incentives to VCs?

4.) David Friedberg: Father and Husband

How does David reflect on his own relationship to money today? How has it changed over time?
What have been David's biggest realisations on what provides him true happiness?
How did having children change his operating mentality? What does being a great father mean to David?

Item’s Mentioned In Today’s Episode with David Friedberg

David’s Favourite Book: Zen Mind, Beginner's Mind

...more

View all episodes

View all episodes

Download on the App Store

Download on the App Store

Get it on Google Play

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

By Harry Stebbings

4.4

483483 ratings

March 14, 2022

20VC: David Friedberg on The Framework for Business Value Creation, The Bifurcation in Venture Today That No One Talks About, The Impact of Interest Rate Hikes on Venture and Step by Step; How TPB Incubates, Funds and Exits The Next Generation of Companie

Listen Later

44 minutes

David Friedberg is Founder and CEO of The Production Board (TPB), a holding company established to solve the most fundamental problems that affect our planet, by reimagining global systems of production. Prior to founding The Production Board, David founded The Climate Corporation, a 10-year journey that culminated in their $930M acquisition by Monsanto. If that was not enough, David is the Founder and Chairman at Metromile and also sits on the board of Soylent, Clara Foods, Tillable, Cana Technologies and more.

In Today’s Episode with David Friedberg You Will Learn:

1.) Origins:

How David made his way into the world of startups and technology from academia and physics?
What were David's biggest takeaways from scaling The Climate Corp to $930M exit to Monsanto?
How did the exit put pressure on David for all future companies he builds? How does he manage that?

2.) The Macro: Venture + The Economy

How does David foresee the impending rate hikes? What impact will this have on venture and the economy?
What segment of the market will be first to be hit? Why is growth investing last to be hit? How does early stage play out in this very new environment?
How will we see the velocity of capital deployment change in this new period? What does David believe are some of the crucial flaws of the venture model?
How does David reflect on his own price sensitivity? What lessons has he learned from deals he has done or missed that have changed his perspective?

3.) David Frankel: The Business Builder

What is David's rubrik for business value creation? How has this changed with time?
How mentally plastic does one have to be around the time it takes to see margins, unit economics etc change from negative to positive?
How does David and the team approach building new companies at TPB? Where do they find the founding teams? How do they incentivise them?
How does TPB approach continuous funding for the companies they create? What milestones need to be hit? How do they assess them?
How does David approach liquidity with regards to exits for the companies they create? Why does their holding company structure mean they have different incentives to VCs?

4.) David Friedberg: Father and Husband

How does David reflect on his own relationship to money today? How has it changed over time?
What have been David's biggest realisations on what provides him true happiness?
How did having children change his operating mentality? What does being a great father mean to David?

Item’s Mentioned In Today’s Episode with David Friedberg

David’s Favourite Book: Zen Mind, Beginner's Mind

...more

More shows like The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

This Week in Startups by Jason Calacanis

This Week in Startups

1,277 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,060 Listeners

The Official SaaStr Podcast: SaaS | Founders | Investors by SaaStr

The Official SaaStr Podcast: SaaS | Founders | Investors

175 Listeners

Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,287 Listeners

Equity by TechCrunch, Rebecca Bellan, Kirsten Korosec, Anthony Ha, Max Zeff, Theresa Loconsolo

Equity

338 Listeners

Y Combinator Startup Podcast by Y Combinator

Y Combinator Startup Podcast

226 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,252 Listeners

Lenny's Podcast: Product | Career | Growth by Lenny Rachitsky

Lenny's Podcast: Product | Career | Growth

1,366 Listeners

No Priors: Artificial Intelligence | Technology | Startups by Conviction

No Priors: Artificial Intelligence | Technology | Startups

127 Listeners

The Ben & Marc Show by Marc Andreessen, Ben Horowitz

The Ben & Marc Show

123 Listeners

BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

BG2Pod with Brad Gerstner and Bill Gurley

470 Listeners

AI + a16z by a16z

AI + a16z

32 Listeners

Lightcone Podcast by Y Combinator

Lightcone Podcast

20 Listeners

Training Data by Sequoia Capital

Training Data

43 Listeners

Uncapped with Jack Altman by Alt Capital

Uncapped with Jack Altman

34 Listeners