What’s up everyone! Joining me this week is Albert Wenger, businessman, venture capitalist, managing partner of Union Square Ventures, and author of World After Capital.

The #1 thing that I've learned is to invest in things that I love

Albert combines over 10 years of entrepreneurial experience with an in-depth technology background. He founded and co-founded various companies in the field of consulting and data analytics. In his book World of Capital, he shares the importance of figuring out how to live in a World After Capital in which the only scarcity is attention.

In this episode, Albert and I talk about investment mistakes and tips, convex vs. concave bets, the knowledge age, and frameworks for attention allocation.

Episode Quotes

"Convexity and concavity are inherent to different business models."

"The number one thing that I've learned is to invest in things that I love."

"The biggest mistake to make is to try and copy what others are doing."

"In this knowledge age, knowledge is the place to go look and find purpose."

Listen to Learn

01:16 - Investing: Convex vs. Concave
15:13 - Establishing convexity features
18:16 - Investment mistakes and lessons learned
22:17 - Biggest mistakes VCs make
29:20 - The knowledge age, Frameworks for attention allocation
37:24 - End notes and links