Uncapped #27 | Vince Hankes from Thrive Capital | Uncapped with Jack Altman

In this interview, Vince Hankes, a partner at Thrive Capital, discusses the evolution and investment strategies of the firm. He highlights Thrive's early contrarian bets, such as Instagram and GitHub, and its more recent large investments in companies like Stripe, Databricks and OpenAI. Vince emphasizes the importance of qualitative analysis, founder-led companies, and concentrating capital in generational technology platforms. He also shares insights on venture capital strategies, the competitive landscape, and emerging opportunities in AI, life sciences, and robotics, as well as Thrive's approach to managing conflicts and attracting top talent.

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Uncapped #27 | Vince Hankes from Thrive Capital

Uncapped with Jack Altman

Introduction to Thrive Capital's Evolution and Contrarian Roots

Thrive's History of Bold, Contrarian Bets: Instagram, GitHub, and Stripe

Investing Mindset: Qualitative First, Quantitative Second, and Concentrated Bets

The Power of Compounding and the Maturation of the Tech Asset Class

Defining Real Growth Investing and the Pitfalls of Mid-Stage Investing

Thrive's Team Structure, Investment Frequency, and Conviction Building

Creating Opportunities and the Competitive Advantage of Scale

Carvana: A Case Study in Contrarian Investing and Firm Culture

Managing Conflicts and the Full-Stack Investing Approach

The Impact of AI on Jobs: Efficiency vs. Overhaul

AI in Code Generation: Economic Equations and Value Accrual

Vertical-Specific AI Workspaces: Opportunities and Challenges

Robotics and the Competitive Landscape for AI Companies

The Future of Thrive Capital: Attracting Talent and Evolving

Uncapped #27 | Vince Hankes from Thrive Capital

Uncapped with Jack Altman

00:00Introduction to Thrive Capital's Evolution and Contrarian Roots

Introduction to Thrive Capital's Evolution and Contrarian Roots

04:03Thrive's History of Bold, Contrarian Bets: Instagram, GitHub, and Stripe

Thrive's History of Bold, Contrarian Bets: Instagram, GitHub, and Stripe

07:57Investing Mindset: Qualitative First, Quantitative Second, and Concentrated Bets

Investing Mindset: Qualitative First, Quantitative Second, and Concentrated Bets

11:11The Power of Compounding and the Maturation of the Tech Asset Class

The Power of Compounding and the Maturation of the Tech Asset Class

15:01Defining Real Growth Investing and the Pitfalls of Mid-Stage Investing

Defining Real Growth Investing and the Pitfalls of Mid-Stage Investing

18:21Thrive's Team Structure, Investment Frequency, and Conviction Building

Thrive's Team Structure, Investment Frequency, and Conviction Building

21:23Creating Opportunities and the Competitive Advantage of Scale

Creating Opportunities and the Competitive Advantage of Scale

25:58Carvana: A Case Study in Contrarian Investing and Firm Culture

Carvana: A Case Study in Contrarian Investing and Firm Culture

32:50Managing Conflicts and the Full-Stack Investing Approach

Managing Conflicts and the Full-Stack Investing Approach

37:54The Impact of AI on Jobs: Efficiency vs. Overhaul

The Impact of AI on Jobs: Efficiency vs. Overhaul

40:41AI in Code Generation: Economic Equations and Value Accrual

AI in Code Generation: Economic Equations and Value Accrual

45:19Vertical-Specific AI Workspaces: Opportunities and Challenges

Vertical-Specific AI Workspaces: Opportunities and Challenges

50:00Robotics and the Competitive Landscape for AI Companies

Robotics and the Competitive Landscape for AI Companies

55:14The Future of Thrive Capital: Attracting Talent and Evolving

The Future of Thrive Capital: Attracting Talent and Evolving