In this episode, we talk with Professor Gerry Hays from the Indiana University Kelley School of Business. He runs a VC called Doriot Venture Labs, teaching investors how to identify the characteristics of high-potential investors, how to financially engineer win/win venture investments, how to avoid the most common "trapdoors" that drive negative outcomes, and how to increase overall confidence navigating venture complexities. We discuss his take on what current VC investors should do regarding either full-on consumption to generate quick returns or instead letting these startups take their time and innovate. We go in-depth on crowdfunding, tokenization of assets, and the rise of angel investors. And finally... we talk about how the wealthiest families dominate VC.
Timestamps:
0:00-1:00 (Intro)
2:00-3:00 (Time as a lobbyist)
3:00-5:00 (First startup)
5:00-6:00 (Second startup to now)
6:00-7:00 (Hometown)
7:00-8:00 (Teaching at IU )
8:00-10:00 (What is venture and private capital)
10:00-11:00 (Angel Investors)
11:00-15:00 (Who controls the venture market, and the problem with fundraising?)
15:00-16:00 (What prerequisites should a VC have?)
16:00-17:00 (Private capital investing strategy)
17:00-18:00 (Creating a VC exam and government intervention)
18:00-20:00 (Who do you want to fund your company?)
20:00-23:00 (What founders you should invest in)
23:00-25:00 (The two C’s)
25:00-27:00 (The ups and downs of investing)
28:00-30:00 (Being purpose-driven and fintech at IU)
30:00-32:00 (Don’t focus on what others think)
32:00-34:00 (Being a consumer)
34:00-36:00 (Working vs. owning)
36:00-39:00 (Is money everything?)
39:00-43:00 (US debt and assets)
43:00-44:00 (US status and spending)
44:00-46:00 (Lobbying and politics)
46:00-48:00 (Taking action)
