This podcast episode explores the speaker's journey from their connection to Apple to venturing into the world of venture capital. It highlights their transition from being an entrepreneur to becoming a venture capitalist, discussing the importance of advisors and board governance. The episode also explores the swinging dynamics of power between founders and investors in Silicon Valley, the distinctions between public and private company boards, the growth and challenges of equity-based compensation in the tech industry, the switch from stock options to RSUs, the evolution of the private market and its impact on compensation and incentives, the challenges of the secondary market, and the significance of AI as the next platform shift. The speaker also emphasizes the value of mentorship, learning from failure, and the importance of corporate governance.
