Alex Mittal – Early Stage Investing - [Invest Like the Best, EP.119]
Listen now
My guest this week is Alex Mittal, co-founder of Funders Club. Following past guest Jeremiah Lowin, Alex is my second elementary school friend to appear on the podcast—a trend I hope continues. Funders club is a unique venture firm, because it is build around a network of investors and entrepreneurs who submit deals for consideration and invest together. But as you’ll hear, Alex and his co-founder Boris aren’t just building an open platform for early stage investing: they also then take a very traditional venture approach, making investing decisions themselves when it comes to building a centralized portfolio. Our conversation is about what Alex has learned investing in almost 300 early stage companies over the past 7 years. Please enjoy.   For more episodes go to Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at Follow Patrick on Twitter at @patrick_oshag   Show Notes 1:30 - (First Question) – Inception of the Founder’s Club             1:36 – Jeremiah Lowin Podcast Episode 3:59 – How the process of their platform works 5:40 – Role of the network in Founders Club setup and success 8:26 – What he has learned from all of the data he has access to 16:00 – Early stage investing and finding the sweet spot 22:17 – What makes a really intriguing bad idea 25:23 – Why he remains so excited about Ethereum 31:18 – More bad ideas             31:55 – Apoorva Mehta on How I Built This Podcast 37:15 – Thoughts on retail and logistics and how they fit his Venn diagram of boring and crazy 43:13 – Chip and electronic design 45:47 – Companies that are not just increasing efficiencies but actually making foundational changes             45:54 – Energy and Civilization: A History 52:34 – What does he look for in founders             55:26 – Pivot or Fail 57:05 – Kindest thing anyone has done for Alex   Learn More For more episodes go to  Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at Follow Patrick on twitter at @patrick_oshag
More Episodes
My guest this week is Alex Danco. Alex is a member of the Discover Team at Social Capital, has a background in biology, and has written about all things tech and business. While Alex is only 30, it seems like he has spent decades thinking about all the topics that we discuss, from changing...
Published 02/12/19
My guest this week is Keith Wasserman, co-founder of the real estate investment firm Gelt. This was my first fully dedicated conversation on direct real estate investing, so we cover many different topics, including the pros and cons of different types of real estate, current valuations, risk...
Published 02/05/19
My guest this week, Eugene Wei, has one of the most interesting backgrounds of anyone I’ve had on the podcast. He worked at Amazon early in its life, was the head of product at Hulu and Flipboard, and head of video and Oculus.   Our conversation is about the intersection of technology, media,...
Published 01/22/19