Episode Details

Molly talks to Jeff Morris Jr (JMJ), GP of Chapter One and infamous product leader at Tinder. As emerging funds face an existential crisis, JMJ explores the stark realities of an industry in flux. From the looming specter of industry consolidation & shutdowns, to the relentless pressure to prove relevance, JMJ challenges conventional wisdom about what it takes to succeed in modern VC.

JMJ offers a candid look at the struggles and strategies of today's fund managers, painting a picture of an ecosystem where only the most adaptable will survive. He talks about the delicate balance between chasing deals and building a sustainable franchise, all while navigating a landscape where past glory holds diminishing returns.

This conversation isn't just about the state of VC – it's a glimpse into the future of innovation financing. As traditional models are upended and new players emerge, JMJ's insights offer a roadmap for those daring enough to reimagine the role of venture capital in shaping tomorrow's tech giants.

The discussion also touches on the solo GP experience, product development, and the significance of location in building a venture career (AKA why LA is the best city).

JMJ was a former VP of Product Revenue and an early employee at Tinder and is a seed investor in 13 unicorns, including Mercury, Superbase, and Compound Finance. Chapter One is a product-driven early-stage venture fund based in LA backed by notable institutions including Cendana Capital, Sequoia, Kleiner Perkins, and Marc Andreessen.

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Check out Chapter One:

https://www.chapterone.com/

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https://www.sourcery.vc/ 

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Companies mentioned:

Tinder: https://tinder.com/

Snap: https://www.snap.com/

SpaceX: https://www.spacex.com/

Anduril: https://www.anduril.com/

Mercury: https://mercury.com/

Superbase: https://superbase.com/

Compound Finance: https://compound.finance/

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