Benchmark GP, Victor Lazarte: The 3 Traits All the Best Founders Have

Victor Lazarte is a General Partner @ Benchmark, one of the most renowned venture firms in the world. At Benchmark, Victor has led deals into the likes of HeyGen and Mercor. As an angel, he was the first investor and board member of Brex, and as a founder he scaled Wildlife Studios, bootstrapping it into the largest gaming company in Latin America, with about 4 billion downloads.

In Today’s Episode We Discuss:

• Lessons scaling Wildlife Studios to 4BN downloads

• Why predicting the future is wrong when starting a company

• The three different categories of company in an AI world: who wins and who loses

• Why you should always ask what a founder does in their free time

• The two traits all the best founders have

• Why starting a company in SF makes you 1,000x more likely to succeed

• Why spreadsheet SaaS investing is dead

• Why replacing humans is the most exciting opportunity in AI

• Why knowledge work will be destroyed and what happens next

• Why China is a stabilising force for the US

• China vs. US: the AI race

• Why all students today should study computer science

• Why portfolio construction is BS

• What makes Peter Fenton one of the best ever

• Why Duolingo will be one of the most valuable companies in the world