Tribe Capital's guest appearances

Tribe Capital

The Meb Faber Show

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

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Village Global's Venture Stories

Kauffman Fellows Podcast

Prime Venture Partners Podcast

Venture

Venture Unlocked: The playbook for venture capital managers

Fintech Leaders

OwlTail

Arjun Sethi

Miguel Armaza sits down with Arjun Sethi, Co-Founder and Partner of Tribe Capital, a firm with over $1.6B in assets under management, focused on using product and data science to engineer N-of-1 companies and investments. They’ve backed some incredible and interesting fintech companies, including Kraken, FTX, Bolt, Carta, Nium, Pipe, and the list goes on.In this episode, we discuss:Tribe Capital’s quantitative diligence process for investing in great companies and the rationale behind their Magic 8-Ball framework.What are N-of-1 startups and why Tribe looks for this kind of company and founder.Arjun’s take on the state of crypto markets, and why he is paying special attention to DeFi innovations and companies that are building rails and infrastructure to make this technology accessible for all consumers.Working with Chamath at Social Capital. What he learned during his years there and why he’s a frequent listener of the All-In Podcast… and a lot more!Want more podcast episodes? Join me and follow Fintech Leaders today on Apple, Spotify, or your favorite podcast app for weekly conversations with today’s global leaders that will dominate the 21st century in fintech, business, and beyond.Do you prefer a written summary, instead? Check out the Fintech Leaders newsletter and join 34,000+ readers around the world!Miguel Armaza is Co-Founder &amp; Managing General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter. Miguel on LinkedIn: https://bit.ly/3nKha4ZMiguel on Twitter: https://bit.ly/2Jb5oBcFintech Leaders Newsletter: bit.ly/3jWIpqp

Miguel Armaza sits down with Arjun Sethi, Co-Founder and Partner of Tribe Capital, a firm with over $1.6B in assets under management, focused on using product and data science to engineer N-of-1 companies and investments. They’ve backed some incredible and interesting fintech companies, including Kraken, FTX, Bolt, Carta, Nium, Pipe, and the list goes on. In this episode, we discuss:<ul><li>Tribe Capital’s quantitative diligence process for investing in great companies and the rationale behind their Magic 8-Ball framework.</li><li>What are N-of-1 startups and why Tribe looks for this kind of company and founder.</li><li>Arjun’s take on the state of crypto markets, and why he is paying special attention to DeFi innovations and companies that are building rails and infrastructure to make this technology accessible for all consumers.</li><li>Working with Chamath at Social Capital. What he learned during his years there and why he’s a frequent listener of the All-In Podcast… and a lot more!</li></ul>Want more podcast episodes? Join me and follow <a href="https://bit.ly/3jWIpqp" rel="nofollow" target="_blank">Fintech Leaders</a> today on <a href="https://apple.co/3lEEIcz" rel="nofollow" target="_blank">Apple</a>, <a href="https://spoti.fi/3jyAJvP" rel="nofollow" target="_blank">Spotify</a>, or your favorite podcast app for weekly conversations with today’s global leaders that will dominate the 21st century in fintech, business, and beyond. Do you prefer a written summary, instead? Check out the <a href="https://bit.ly/3jWIpqp" rel="nofollow" target="_blank">Fintech Leaders</a> newsletter and join 34,000+ readers around the world! <a href="https://bit.ly/3nKha4Z" rel="nofollow" target="_blank">Miguel Armaza</a> is Co-Founder &amp; Managing General Partner of <a href="https://bit.ly/3COqcEA" rel="nofollow" target="_blank">Gilgamesh Ventures</a>, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the <a href="https://bit.ly/3jWIpqp" rel="nofollow" target="_blank">Fintech Leaders</a> podcast and newsletter. <a href="https://bit.ly/3nKha4Z" rel="nofollow" target="_blank">Miguel on LinkedIn: https://bit.ly/3nKha4Z</a><a href="https://bit.ly/2Jb5oBc" rel="nofollow" target="_blank">Miguel on Twitter: https://bit.ly/2Jb5oBc</a><a href="http://bit.ly/3jWIpqp" rel="nofollow" target="_blank">Fintech Leaders Newsletter: bit.ly/3jWIpqp</a>

Arjun Sethi, Tribe Capital Co-Founder – The State of Crypto and How We Got Here, Pursuing N-of-1 Fintechs, & How Tribe Uses Data to Deploy Capital

Jonathan Hsu

Innovation is necessary in all industries, and VC is no exception. Jonathan Hsu and the Tribe Capital team have shown that theoretical physics models can also be applied to investing in the best startups. So while VC is not for everyone, it is still an industry where everyone can innovate.

Innovation is necessary in all industries, and VC is no exception. Jonathan Hsu and the Tribe Capital team have shown that theoretical physics models can also be applied to investing in the best startups. So while VC is not for everyone, it is still an industry where everyone can innovate.

Episode 33. Jonathan Hsu. Co-Founder and General Partner at Tribe Capital. "Innovating innovation seekers"

In episode 287, we welcome our guest, Jonathan Hsu, the co-founder and General Partner at Tribe Capital, a venture capital firm focused on using product and data science to engineer N-of-1 companies and investments. In today’s episode we're talking about using a quantitative approach to venture capital investing in a way that hasn’t been done before. Jonathan us through his background, with stops at Facebook and Social Capital. Then we hear how Tribe Capital leverages their data science capabilities to assess the product-market fit of companies to invest from the seed stage to late stage. Jonathan explains how this process led him to invest in both Slack and Carta. As we wind down, we learn about the firm’s co-invest vehicles, which allow others to access their deal flow. All this and more in episode 287 with Tribe Capital’s Jonathan Hsu. This episode is sponsored by Masterworks. Masterworks is opening the doors to top-tier, blue-chip art investments to everyone. Use Promo Code “MEB” to skip their 15,000 person wait list.

In episode 287, we welcome our guest, Jonathan Hsu, the co-founder and General Partner at Tribe Capital, a venture capital firm focused on using product and data science to engineer N-of-1 companies and investments. In today’s episode we're talking about using a quantitative approach to venture capital investing in a way that hasn’t been done before. Jonathan us through his background, with stops at Facebook and Social Capital. Then we hear how Tribe Capital leverages their data science capabilities to assess the product-market fit of companies to invest from the seed stage to late stage. Jonathan explains how this process led him to invest in both Slack and Carta. As we wind down, we learn about the firm’s co-invest vehicles, which allow others to access their deal flow. All this and more in episode 287 with Tribe Capital’s Jonathan Hsu. This episode is sponsored by <a href="https://www.masterworks.io/" rel="nofollow" target="_blank">Masterworks</a>. Masterworks is opening the doors to top-tier, blue-chip art investments to everyone. Use Promo Code “MEB” to skip their 15,000 person wait list.

#287 – Jonathan Hsu, Tribe Capital - Our Specific Areas Of Expertise Are Around Being Able To Tell A Story Utilizing Your Own Data

This week we went deep on the impact of data science in venture capital. Most investors form their experience based on a combination of anecdote, pattern recognition and experience. And candidly over the majority of time venture capital has been a meaningful asset class, there hasn’t been another way to do it. The last decade has fundamentally changed that - as compute power has significantly increased, the ability to store, harness and analyze data has transformed. Not only has this led to many of the most prominent businesses of our time - e.g. companies likes Facebook and Slack - but it’s also fundamentally opened up a new approach to investing. I chatted with Jonathan to dissect this phenomena. Tribe has pioneered one of the most novel frameworks in the industry - akin to traditional accounting and financial statements - to unpack early stage technology businesses. We touched on a number of topics: (1) the myth that product market fit can’t be quantified, (2) the 3 fundamental units of analysis that every early stage company can be dissected against and (3) finding atomic units of value in businesses.

This week we went deep on the impact of data science in venture capital. Most investors form their experience based on a combination of anecdote, pattern recognition and experience. And candidly over the majority of time venture capital has been a meaningful asset class, there hasn’t been another way to do it. The last decade has fundamentally changed that - as compute power has significantly increased, the ability to store, harness and analyze data has transformed. Not only has this led to many of the most prominent businesses of our time - e.g. companies likes Facebook and Slack - but it’s also fundamentally opened up a new approach to investing. I chatted with Jonathan to dissect this phenomena. Tribe has pioneered one of the most novel frameworks in the industry - akin to traditional accounting and financial statements - to unpack early stage technology businesses. We touched on a number of topics: (1) the myth that product market fit can’t be quantified, (2) the 3 fundamental units of analysis that every early stage company can be dissected against and (3) finding atomic units of value in businesses.

79: Jonathan Hsu, Co-Founder of Tribe Capital

Jake Ellowitz

On this episode Amit Somani (https://www.linkedin.com/in/thesomani/) in coversation with Arjun Sethi (https://www.linkedin.com/in/asethi/) and Jake Ellowitz (https://www.linkedin.com/in/jake-ellowitz/) , partners at Tribe Capital (https://tribecap.co/)A Quantative Approach to Product Market Fit (https://tribecap.co/a-quantitative-approach-to-product-market-fit/)Listen to the episode to learn about:1:51 Arjun’s journey and formation of Tribe Capital8:30 Arjun on quantifying product market fit10:01 Jake’s thoughts on quantifying product market fit11:01 Understanding growth levers 14:59 Cohorts and Simpson Paradox16:39 Arjun on cohorts21:12 Every customer segment tells a different story24:36 Growth Accounting, CMGR and Quick Ratio30:03: How do you know that you are delivering value?Read the full transcript here (https://primevp.in/content/podcast/quantifying-product-market-fit-arjun-sethi-jake-ellowitz-partners-tribe-capital/)Enjoyed the podcast? Please consider leaving a review on Apple Podcasts and subscribe wherever you are listening to this.Follow Prime Venture Partners:Twitter: https://twitter.com/Primevp_inLinkedIn: https://www.linkedin.com/company/primevp/This podcast is for you. Do let us know what you like about the podcast, what you don't like, the guests you'd like to have on the podcast and the topics you'd like us to cover in future episodes. Please share your feedback here: http://primevp.in/podcastfeedback

On this episode Amit Somani (<a href="https://www.linkedin.com/in/thesomani/" rel="nofollow" target="_blank">https://www.linkedin.com/in/thesomani/</a>) in coversation with Arjun Sethi (<a href="https://www.linkedin.com/in/asethi/" rel="nofollow" target="_blank">https://www.linkedin.com/in/asethi/</a>) and Jake Ellowitz (<a href="https://www.linkedin.com/in/jake-ellowitz/" rel="nofollow" target="_blank">https://www.linkedin.com/in/jake-ellowitz/</a>) , partners at Tribe Capital (<a href="https://tribecap.co/)A" rel="nofollow" target="_blank">https://tribecap.co/)A</a> Quantative Approach to Product Market Fit (<a href="https://tribecap.co/a-quantitative-approach-to-product-market-fit/)Listen" rel="nofollow" target="_blank">https://tribecap.co/a-quantitative-approach-to-product-market-fit/)Listen</a> to the episode to learn about:1:51 Arjun’s journey and formation of Tribe Capital8:30 Arjun on quantifying product market fit10:01 Jake’s thoughts on quantifying product market fit11:01 Understanding growth levers 14:59 Cohorts and Simpson Paradox16:39 Arjun on cohorts21:12 Every customer segment tells a different story24:36 Growth Accounting, CMGR and Quick Ratio30:03: How do you know that you are delivering value?Read the full transcript here (<a href="https://primevp.in/content/podcast/quantifying-product-market-fit-arjun-sethi-jake-ellowitz-partners-tribe-capital/)Enjoyed" rel="nofollow" target="_blank">https://primevp.in/content/podcast/quantifying-product-market-fit-arjun-sethi-jake-ellowitz-partners-tribe-capital/)Enjoyed</a> the podcast? Please consider leaving a review on Apple Podcasts and subscribe wherever you are listening to this.Follow Prime Venture Partners:Twitter: <a href="https://twitter.com/Primevp_inLinkedIn:" rel="nofollow" target="_blank">https://twitter.com/Primevp_inLinkedIn:</a> <a href="https://www.linkedin.com/company/primevp/" rel="nofollow" target="_blank">https://www.linkedin.com/company/primevp/</a> This podcast is for you. Do let us know what you like about the podcast, what you don't like, the guests you'd like to have on the podcast and the topics you'd like us to cover in future episodes.  Please share your feedback here: <a href="http://primevp.in/podcastfeedback" rel="nofollow" target="_blank">http://primevp.in/podcastfeedback</a>

35: Quantifying Product Market Fit - Arjun Sethi & Jake Ellowitz, Partners Tribe Capital

Tribe Capital is one of the most interesting firms in all of venture capital today - a highly quantitatively driven firm, the Tribe team comes from deep data science backgrounds at leading companies like Uber and Facebook and applies an operator's lens to investing. I was excited to chat with Arjun Sethi, Co-Founder and Managing Partner at Tribe this week. We touched on a number of topics: (1) the transition from operator to investor, (2) the lingua franca of 2020 businesses, (3) quantifiable frameworks (e.g. how to quantify product market fit), (4) underwriting risk and capital allocation across stages, (5) loss ratios, (6) force multipliers, (7) atomic units of value, (8) 1 of n vs. n of 1 companies and (9) retesting underlying assumptions in the era of COVID-19. This was one of the longest discussions I've had on the podcast and one of the most interesting. Arjun is a wealth of knowledge. 

Tribe Capital is one of the most interesting firms in all of venture capital today - a highly quantitatively driven firm, the Tribe team comes from deep data science backgrounds at leading companies like Uber and Facebook and applies an operator's lens to investing. I was excited to chat with Arjun Sethi, Co-Founder and Managing Partner at Tribe this week. We touched on a number of topics: (1) the transition from operator to investor, (2) the lingua franca of 2020 businesses, (3) quantifiable frameworks (e.g. how to quantify product market fit), (4) underwriting risk and capital allocation across stages, (5) loss ratios, (6) force multipliers, (7) atomic units of value, (8) 1 of n vs. n of 1 companies and (9) retesting underlying assumptions in the era of COVID-19. This was one of the longest discussions I've had on the podcast and one of the most interesting. Arjun is a wealth of knowledge.

55: Arjun Sethi, Co-Founder and Managing Partner, Tribe Capital 

Ted Maidenberg

Ted Maidenberg is a co-founder and partner at Tribe Capital. Join us this week as Ted shares with us of how he utilized his ‘North Dakota Work Ethic’ and implemented his father’s values of initiative and action throughout his life. This is an episode you'll surely want to check out - as Ted’s father would say: “Do it now!” 

Ted Maidenberg is a co-founder and partner at Tribe Capital. Join us this week as Ted shares with us of how he utilized his ‘North Dakota Work Ethic’ and implemented his father’s values of initiative and action throughout his life. This is an episode you'll surely want to check out - as Ted’s father would say: “Do it now!”

Do it now - Ted Maidenberg, Tribe Capital

Jonathan Hsu is Co-Founder &amp; General Partner @ Tribe Capital, one of Silicon Valley's newest funds on the block being founded by Jonathan, Arjun Sethi and Ted Maidenberg. To date, Tribe has invested in the likes of Carta, Cover, Mode Analytics, Prodigy and SFOX. As for Jonathan, before founding Tribe he was a Partner @ Social Capital where he utilized data and technology to augment sourcing, evaluation of investment opportunities and the management and value add for portfolio companies. Before that he led the creation of the analytics and data science team at Facebook, including leading the hiring of 200 of the world's leading data scientists and analysts. In Today’s Episode You Will Learn: 1.) How Jonathan made his way from leading 200 data scientists at Facebook to the world of venture and founding his own firm in the form of Tribe Capital today? 2.) If we structure VC simplistically, there are 4 core components:  Sourcing: How does Jonathan think about the role of data in actively surfacing the best opportunities? that are the leading data fields that Jonathan would track? Why does Jonathan believe most early-stage firms are just using Linkedin Sales Navigator intelligently? Evaluating: How does Jonathan think about the potential for data to really aid in the picking process? At what stage does this really become possible? How much data is required for data to evaluate opportunities? Winning: Winning deals is seemingly a case of human relationships but how does Jonathan think intelligent data usage and benchmarking can actually help firms win the most competitive deals? Value Add: How does Jonathan think about portfolio management with data? How does this differ from the more traditional "value add" that other VCs provide? Where are the common pitfalls Series A companies you work with face in not achieving product-market fit?  3.) Given the data-driven nature of the approach, does Jonathan think that there is an optimal portfolio construction? Why does Jonathan strongly believe that historical loss ratios are too high? Does data allow firms to really intelligently price these assets at the Series A and B? What are the challenges in pricing these assets so early? 4.) How does Jonathan think about reserve allocation? Why is data more critical than ever in the decision to re-invest or not? What are the leading data signals that Jonathan looks for when determining reserve allocation? Why does Jonathan think that so many firms go wrong in how they approach reserve management and distribution? 5.) Question from Henry Ward @ Carta: What does N of 1 markets mean to you Jonathan? Why are they so inherently attractive? How do pricing dynamics play out in markets that are N of 1? How does Jonathan think about defensibility when analysing opportunities today? Is anything truly defensible anymore? Items Mentioned In Today’s Show: Jonathan’s Fave Book: The Origins of Political Order: From Prehuman Times to the French Revolution Jonathan’s Most Recent Investment: Carta As always you can follow Harry, The Twenty Minute VC and Jonathan on Twitter here! Likewise, you can follow Harry on Instagram here for mojito madness and all things 20VC.

<a href="https://twitter.com/jonathanhsu" rel="nofollow" target="_blank">Jonathan Hsu</a> is Co-Founder &amp; General Partner @ <a href="https://tribecap.co/" rel="nofollow" target="_blank">Tribe Capital</a>, one of Silicon Valley's newest funds on the block being founded by Jonathan, Arjun Sethi and Ted Maidenberg. To date, Tribe has invested in the likes of Carta, Cover, Mode Analytics, Prodigy and SFOX. As for Jonathan, before founding Tribe he was a Partner @ Social Capital where he utilized data and technology to augment sourcing, evaluation of investment opportunities and the management and value add for portfolio companies. Before that he led the creation of the analytics and data science team at Facebook, including leading the hiring of 200 of the world's leading data scientists and analysts. In Today’s Episode You Will Learn: 1.) How Jonathan made his way from leading 200 data scientists at Facebook to the world of venture and founding his own firm in the form of Tribe Capital today? 2.) If we structure VC simplistically, there are 4 core components: <ul> <li>Sourcing: How does Jonathan think about the role of data in actively surfacing the best opportunities? that are the leading data fields that Jonathan would track? Why does Jonathan believe most early-stage firms are just using Linkedin Sales Navigator intelligently?</li> <li>Evaluating: How does Jonathan think about the potential for data to really aid in the picking process? At what stage does this really become possible? How much data is required for data to evaluate opportunities?</li> <li>Winning: Winning deals is seemingly a case of human relationships but how does Jonathan think intelligent data usage and benchmarking can actually help firms win the most competitive deals?</li> <li>Value Add: How does Jonathan think about portfolio management with data? How does this differ from the more traditional "value add" that other VCs provide? Where are the common pitfalls Series A companies you work with face in not achieving product-market fit?</li> </ul> 3.) Given the data-driven nature of the approach, does Jonathan think that there is an optimal portfolio construction? Why does Jonathan strongly believe that historical loss ratios are too high? Does data allow firms to really intelligently price these assets at the Series A and B? What are the challenges in pricing these assets so early? 4.) How does Jonathan think about reserve allocation? Why is data more critical than ever in the decision to re-invest or not? What are the leading data signals that Jonathan looks for when determining reserve allocation? Why does Jonathan think that so many firms go wrong in how they approach reserve management and distribution? 5.) Question from Henry Ward @ Carta: What does N of 1 markets mean to you Jonathan? Why are they so inherently attractive? How do pricing dynamics play out in markets that are N of 1? How does Jonathan think about defensibility when analysing opportunities today? Is anything truly defensible anymore? Items Mentioned In Today’s Show: Jonathan’s Fave Book: <a href="https://amzn.to/2IgrLSe" rel="nofollow" target="_blank">The Origins of Political Order: From Prehuman Times to the French Revolution</a> Jonathan’s Most Recent Investment: <a href="https://carta.com/" rel="nofollow" target="_blank">Carta</a> As always you can follow <a href="https://twitter.com/HarryStebbings" rel="nofollow" target="_blank">Harry</a>, <a href="https://twitter.com/twentyminutevc" rel="nofollow" target="_blank">The Twenty Minute VC</a> and <a href="https://twitter.com/jonathanhsu" rel="nofollow" target="_blank">Jonathan</a> on Twitter here! <a href="https://www.instagram.com/hstebbings1996/?hl=en" rel="nofollow" target="_blank">Likewise, you can follow Harry on Instagram here for mojito madness and all things 20VC.</a>

20VC: Why Historical Loss Ratios Are Simply Too High, Why Data Is The #1 Most Important Piece When Evaluating Effective Reserve Allocation & Why Nothing Is Truly Defensible Today with Jonathan Hsu, Co-Founder and General Partner @ Tribe Capital

Arjun Sethi (@arjunsethi) of Tribe Capital joins Erik on this episode to talk about Tribe Capital’s approach to investing. He talks about the “first principles” approach they take to evaluating companies and why he says rather than the company pitching their firm to Tribe, instead he tells prospective investments, “we will pitch you.”He breaks down the data-driven analysis that Tribe does of the companies they look to work with, and talks about the kinds of data that work best for their analysis. Erik asks why the bigger venture capital firms aren’t taking the same approach and runs through a number of industries to get Arjun’s take on what the keys to success are in that sector. Arjun talks about some of the writing on his blog over the past few years and points out that “any successful company is not successful because they have copied someone else’s framework.” We apologize for the audio quality of this episode. We ran into technical difficulties during recording.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.Venture Stories is brought to you by Village Global and is hosted by co-founder and partner, Erik Torenberg.

Arjun Sethi (@arjunsethi) of Tribe Capital joins Erik on this episode to talk about Tribe Capital’s approach to investing. He talks about the “first principles” approach they take to evaluating companies and why he says rather than the company pitching their firm to Tribe, instead he tells prospective investments, “we will pitch you.” He breaks down the data-driven analysis that Tribe does of the companies they look to work with, and talks about the kinds of data that work best for their analysis. Erik asks why the bigger venture capital firms aren’t taking the same approach and runs through a number of industries to get Arjun’s take on what the keys to success are in that sector. Arjun talks about some of the writing on his blog over the past few years and points out that “any successful company is not successful because they have copied someone else’s framework.” We apologize for the audio quality of this episode. We ran into technical difficulties during recording. Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at <a href="http://villageglobal.vc" rel="nofollow" target="_blank">villageglobal.vc</a> or get in touch with us on Twitter @villageglobal. Venture Stories is brought to you by Village Global and is hosted by co-founder and partner, Erik Torenberg.