Today Jepson sits down with Erik Boduch, the CEO of Revcast, Founder of 24 and Up, and co-founder of Once and Always Pendo to discuss startups and various aspects that go into them such as the importance of blissful ignorance and why that is necessary to get a startup going. They talk about what a venture studio is vs what a venture capitalist is, the studio being more like a co-founder setup where they’re a lot more involved and it gives the early stage companies a lot more resources to help them succeed. Startups 1:30Product market fit 6:25Pivoting 12:4024 and Up, venture studio vs venture capitalist 18:10Common themes and issues for founders 21:40The generative AI space 24:00Where product and AI is heading 33:00Picking an appropriate partner to go to market 36:50Hiring senior vs junior talent 42:00Internships 46:40Mental reset 49:15“In the majority of cases, startups need to have that direct relationship and control of the relationship with those early customers because without that direct relationship and control, they have a very important bottleneck or factor that’s out of your control and that becomes very difficult, especially if they don’t have leverage…I think it’s important that startups in the majority of cases aren’t overly reliant on partnerships for that sales component.” 37:20 Twitter:@eboduch