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

20VC: Three Core Lessons for Founders From the SVB Crisis From Financial Agility (Banking) to Constructing Scenario Plans and Mastering Crisis Communications | How The Western World Has Not Been Responsible with its Money & Why The Fed Is Backing Itself I

Listen Later

Mike Maples is one of the OGs of seed investing. As the Co-Founder of Floodgate, he has backed the likes of Twitch, Okta, Lyft, Twitter and more. Mike has been on the Forbes Midas List eight times in the last decade and was also named a “Rising Star” by FORTUNE and profiled by Harvard Business School for his lifetime contributions to entrepreneurship. 

In Today's Episode with Mike Maples We Discuss

1.) Lesson from SVB #1: The Importance of Scenario Planning:

  • What is the right way to do scenario planning in startups?
  • What is the difference between good vs bad scenario planning?
  • What do the best scenario plans include and involve?
  • What is the right way to communicate these scenario plans to your stakeholders?

2.) Lesson from SVB #2: The Importance of Financial Agility:

  • What does it mean for a startup to be "financially agile"?
  • From a banking relationships perspective, what can startups do to be financially agile?
  • How many accounts should a startup have? How much runway should be in each?
  • Should startups bank with startup banks as well as traditional banks?
  • Should startups have their money in sweep accounts and money market accounts?

3.) Lesson from SVB #3: How to Master Crisis Communications:

  • Why is it so important for founder to over-communicate in tough times?
  • How transparent should they be in these communications?
  • What does Mike mean when he says "be radically human"?
  • If Mike were to face a crisis, what would he do differently in the way he communicates to his LPs?

4.) Lessons from SVB: The Wider World:

  • Why does Mike believe the level of quantitative easing that occurred in COVID was scandalous?
  • Does Mike believe the USD will continue to be the reserve currency of the world?
  • Will we be in a better or worse macro situation by the end of the year?
  • Has Mike ever had a company that achieved true PMF and failed?

...more
View all episodesView all episodes
Download on the App Store
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The PitchBy Harry Stebbings
  • 4.4
  • 4.4
  • 4.4
  • 4.4
  • 4.4

4.4

468 ratings

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

View all
This Week in Startups by Jason Calacanis

This Week in Startups

1,267 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,002 Listeners

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

The Official SaaStr Podcast: SaaS | Founders | Investors

174 Listeners

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

Invest Like the Best with Patrick O'Shaughnessy

2,288 Listeners

Equity by TechCrunch, Mary Ann Azevedo, Kell, Theresa Loconsolo, Rebecca Bellan, Kirsten Korosec, Devin Coldewey, Margaux MacColl

Equity

343 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,964 Listeners

Y Combinator Startup Podcast by Y Combinator

Y Combinator Startup Podcast

207 Listeners

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

All-In with Chamath, Jason, Sacks & Friedberg

8,717 Listeners

The Logan Bartlett Show by by Redpoint Ventures

The Logan Bartlett Show

189 Listeners

No Priors: Artificial Intelligence | Technology | Startups by Conviction

No Priors: Artificial Intelligence | Technology | Startups

125 Listeners

The Ben & Marc Show by Marc Andreessen, Ben Horowitz

The Ben & Marc Show

120 Listeners

BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

BG2Pod with Brad Gerstner and Bill Gurley

434 Listeners

AI + a16z by a16z

AI + a16z

33 Listeners

Lightcone Podcast by Y Combinator

Lightcone Podcast

19 Listeners

Training Data by Sequoia Capital

Training Data

36 Listeners