ANGEL: Upfront’s Mark Suster on the power of alignment, setting reality, and raising capital | E1683

Jason is joined by Mark Suster of Upfront Ventures to cover raising capital in the early 2000s (1:22), aligning board members (21:19), the three variables VCs need to bet on (40:51), and so much more!

(0:00) Molly kicks off the show

(1:22) A recap of the previous 3 market cycles

(5:23) The hurdles founders will face starting a company in 2023

(6:55) Raising capital in the early 2000s

(9:15) LinkedIn Jobs - Go to https://linkedIn.com/angel and post your first job for free.

(10:37) Upfront’s strategy and changes to the market

(15:35) Misalignment of investors

(19:48) Prenuvo - Get $300 off a full-body MRI scan at https://prenuvo.com/twist

(21:19) Aligning of board members

(29:13) Setting reality as an investor/board member

(33:40) Cutting Burn & Mark’s decision framework

(39:23) Orgspace - Get $2000 of credits on pro plans with a 30-day free trial at https://orgspace.io/twist

(40:51) The 3 variables VCs need to bet on

(48:28) The power law and mission-aligned founders

(52:13) Feed the family money

(58:33) Company killers + Investing in lines not dots

FOLLOW Mark: https://twitter.com/msuster

FOLLOW Jason: https://linktr.ee/calacanis

FOLLOW Molly: https://twitter.com/mollywood