Sam Lessin on What Entrepreneurs Don’t Realize About VCs, When the State Should Intervene with Tech, the Future of Crypto and the Evolution of Truth


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Sep 11 2024 80 mins   12

On this episode of Invested, Michael hosts Sam Lessin, a General Partner at Slow Ventures.


Sam is currently an intern at The Information and has co-founded two companies, Fin and drop.io (acquired by Facebook in 2010). Between 2010 and 2014 he was a VP of product management at Facebook, where he managed the People, Places, and Things product group and the Identity product group. Sam started his career at Bain and Company, and attended Harvard ('05). In his spare time Sam enjoys skiing and kite-surfing.


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KEY TOPICS



  • [00:00:00] Intro

  • [00:03:15] Core Personal Values

  • [00:08:40] Dealing With Bad Investments

  • [00:10:30] The World as a VC Model

  • [00:13:40] The Chaos of AI

  • [00:15:55] Relationship Between Investing and Family

  • [00:20:35] The Risk of Pavel Durov

  • [00:24:00] When Should the State Take Action?

  • [00:29:40] Safety of Tech Leaders in a Borderless World

  • [00:36:30] The Evolution of Truth

  • [00:42:18] Communities as Brokers of Trust

  • [00:45:45] Crypto Replacing Trust

  • [00:49:15] Investing in Solana

  • [00:51:40] The Silicon Valley Narrative

  • [00:56:38] Being an Outsider-Insider

  • [1:01:30] Making Change at Harvard

  • [1:07:15] Antisemitism on College Campuses

  • [1:10:10] Personal Lessons and Motivation

  • [1:16:30] Closing thoughts on Future of Tech



RESOURCES

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CREDITS


Executive Producer: Erica Marom

Producer: Sofi Levak & Yoni Mayer

Video and Editing: Ron Baranov

Music and Art: Uri Ar

Design: Rony Karadi