Episode
#AIS: Pear VC’s Mar Hershenson on making successful founders
37:41
Published: Mon May 30 2022
Description
This talk was recorded LIVE at the All-In Summit in Miami and included slides. To watch on YouTube, check out our All-In Summit playlist: https://bit.ly/aisytplaylist 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 Follow Pear VC: https://twitter.com/pearvc Follow the besties: https://twitter.com/chamath https://linktr.ee/calacanis https://twitter.com/DavidSacks https://twitter.com/friedberg Follow the pod: https://twitter.com/theallinpod https://linktr.ee/allinpodcast Intro Music Credit: https://rb.gy/tppkzl https://twitter.com/yung_spielburg Intro Video Credit: https://twitter.com/TheZachEffect
Chapters
Mara discusses the percentage of repeat founders in top unicorns and challenges the belief that founders are simply born, emphasizing the importance of effort in becoming a successful founder.
00:00 - 03:38 (03:38)
Summary
Mara discusses the percentage of repeat founders in top unicorns and challenges the belief that founders are simply born, emphasizing the importance of effort in becoming a successful founder.
Episode#AIS: Pear VC’s Mar Hershenson on making successful founders
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The idea that there is a "perfect founder" who can guarantee the success of a company is a fallacy, according to a group of venture capitalists.
03:38 - 07:31 (03:53)
Summary
The idea that there is a "perfect founder" who can guarantee the success of a company is a fallacy, according to a group of venture capitalists. In reality, anyone can become a successful founder with the right combination of skills and circumstances.
Episode#AIS: Pear VC’s Mar Hershenson on making successful founders
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
This is a unique startup simulation class with no lecturing, enabling students to work on various projects like Tesla, LinkedIn, Palantir, Affirm, YouTube, etc.
07:31 - 10:41 (03:10)
Summary
This is a unique startup simulation class with no lecturing, enabling students to work on various projects like Tesla, LinkedIn, Palantir, Affirm, YouTube, etc.
Episode#AIS: Pear VC’s Mar Hershenson on making successful founders
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The role of investors is to create opportunities that help their founders grow, ultimately benefiting the portfolio.
10:41 - 16:08 (05:27)
Summary
The role of investors is to create opportunities that help their founders grow, ultimately benefiting the portfolio. Success as a founder is also influenced by the attitude towards jobs with the worst responsibility in a company, as these can often lead to success.
Episode#AIS: Pear VC’s Mar Hershenson on making successful founders
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The lack of representation in entrepreneurship is a fundamental problem, as people need to see someone like themselves to believe that they too can be an entrepreneur.
16:08 - 21:07 (04:59)
Summary
The lack of representation in entrepreneurship is a fundamental problem, as people need to see someone like themselves to believe that they too can be an entrepreneur. Without representation, people of color and women may not realize the opportunity available to them.
Episode#AIS: Pear VC’s Mar Hershenson on making successful founders
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The podcast discusses the gender bias that exists in the startup investment industry which could lead to a preference for female founders for increased clicks.
21:07 - 23:25 (02:18)
Summary
The podcast discusses the gender bias that exists in the startup investment industry which could lead to a preference for female founders for increased clicks. It also highlights an advertisement promoting a company called Cerebral which has been issued a DOJ subpoena for selling Adderall illegally.
Episode#AIS: Pear VC’s Mar Hershenson on making successful founders
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Ex-employees of PayPal have created more unicorn companies than their Google counterparts, even though they were vastly outnumbered.
23:25 - 29:15 (05:50)
Summary
Ex-employees of PayPal have created more unicorn companies than their Google counterparts, even though they were vastly outnumbered. The PayPal mafia team were predominantly risk-takers with grit and persistence, unlike Google hires who were safer and preferred being more analytical and execution-oriented.
Episode#AIS: Pear VC’s Mar Hershenson on making successful founders
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker shares how persistent failure taught them to handle and learn from failure, and how it taught them to be willing to try crazy ideas.
29:15 - 32:25 (03:10)
Summary
The speaker shares how persistent failure taught them to handle and learn from failure, and how it taught them to be willing to try crazy ideas. They also discuss how to teach kids to embrace failure.
Episode#AIS: Pear VC’s Mar Hershenson on making successful founders
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The ability to tell a compelling narrative is one of the three key predictors of entrepreneurial success, along with grit and bias to action.
32:25 - 34:43 (02:18)
Summary
The ability to tell a compelling narrative is one of the three key predictors of entrepreneurial success, along with grit and bias to action. A strong narrative can attract top talent and investors, and it is a skill that can be developed with practice.
Episode#AIS: Pear VC’s Mar Hershenson on making successful founders
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
A father of daughters praises the speaker's efforts in empowering women and highlights the importance of women believing in themselves, while also discussing the negative impact of content that objectifies women.
34:43 - 36:49 (02:05)
Summary
A father of daughters praises the speaker's efforts in empowering women and highlights the importance of women believing in themselves, while also discussing the negative impact of content that objectifies women.
Episode#AIS: Pear VC’s Mar Hershenson on making successful founders
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Summary
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