A Master Class In Venture Capital with Drive Capital's Chris Olsen

Ғылым және технология

We were recently approached by the non-profit YEP KC to create a "master class in venture capital". We were humbled by the request, and it was a true privilege to share and engage with the students in the YEP KC program!
We are sharing the class publicly because we believe there are more young people who can benefit from all we've learned in our years investing in technology startups around the world.
Contents:
Disclaimer: 0:00
Thank you YEP KC: 0:26
What is VC: 0:50
How VCs raise money: 5:02
VC math: 7:13
Why we invest in tech: 11:38
What we look for: 16:22
How we source: 21:33
How to close deals: 28:40
How to build billion dollar companies: 32:09
Where you can be a VC: 41:06
How investing in tech changes the world: 44:26
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Пікірлер: 145

  • @MarcusFred-wn3iv
    @MarcusFred-wn3iv8 ай бұрын

    Well that would be impossible to do considering I'm in my late 50s and I'm more interested in investments that could set me up for retirement in my 60s, my goal is at least $2million.

  • @DavidAntony-gq7id

    @DavidAntony-gq7id

    8 ай бұрын

    As you plan your retirement, be sure to talk with a financial advisor who can help you make the most of your retirement investing scheme.

  • @MarcusFred-wn3iv

    @MarcusFred-wn3iv

    8 ай бұрын

    @@DavidAntony-gq7id Very true, If you're looking for help building a retirement nest egg, you most likely want a certified financial planner with expertise in retirement planning. With the aid of a coach, I grew my reserve from $160k to almost $600k during this Red season.

  • @DavidAntony-gq7id

    @DavidAntony-gq7id

    8 ай бұрын

    @@MarcusFred-wn3iv How can one find a verifiable financial Planner, I buy the idea of employing the services of a Financial Advisor because finding that balance between saving and living requires counsel.

  • @MarcusFred-wn3iv

    @MarcusFred-wn3iv

    8 ай бұрын

    @@DavidAntony-gq7id KRISTIN GAIL CUNNINGHAM. On the internet, that’s the financial advisor I use. She’s verified; you could also read more about her and then communicate with her. it’s always good to do your research before putting your money into any investment.

  • @DavidAntony-gq7id

    @DavidAntony-gq7id

    8 ай бұрын

    @@MarcusFred-wn3iv Thank you so much! Found her webpage and left a message. Hopefully, she responds.

  • @seanlee1232
    @seanlee12323 жыл бұрын

    This is probably the best video on venture on the web (and I've seen a lot of videos). Chris has this wonderful talent to drive the major points in a simple to understand way. Awesome job and thank you for sharing your insights.

  • @UdayPratapSingh999

    @UdayPratapSingh999

    Жыл бұрын

    Do you recommend some other videos about VC?

  • @omegatseggia3002
    @omegatseggia30028 ай бұрын

    I’m high school drop out , I have never seen such simple breakdown to my level . I feel so happy I could get and understand this . Thank you so much . I’m learning . Greetings from South Africa 🇿🇦

  • @Brisius
    @Brisius Жыл бұрын

    Wow this guy can present. Probably the sharpest presentation I have ever seen

  • @arvindradhakrishnan4773
    @arvindradhakrishnan4773 Жыл бұрын

    Honestly the best video on VC that I've watched and I've watched a lot! So clear, so humble, and clearly just very experienced! Thank you, Chris! I hope you continue to create content like this (I'd pay for a substack-esque subscription too!)

  • @mandlabs9696
    @mandlabs96963 жыл бұрын

    This is fantastic Chris! I appreciate that you took the time to explain how a VC thinks and acts and what kind of companies are investable. I liked how you connected the dots between multiple eras of going from computing to semiconductors to internet. Thank you

  • @Hszozda1
    @Hszozda13 жыл бұрын

    This is a great insight into the world of VC. Easy to follow and very informative!

  • @TheBboyScoop
    @TheBboyScoop3 жыл бұрын

    Best VC video i've ever witnessed.

  • @ashtonsullivan8197
    @ashtonsullivan81973 жыл бұрын

    Would love to see more videos like this!

  • @noreenmakosewe
    @noreenmakosewe Жыл бұрын

    The clearest explanation of VC I've ever heard. Great insights!

  • @jmichaelkemmy8189
    @jmichaelkemmy81892 жыл бұрын

    Easy-to-get distinctions. Will definitely have Drive Capital in my roladex going forward. So grateful for this video.

  • @cyumaemmanuel662
    @cyumaemmanuel6623 жыл бұрын

    This is a constructive and educative lecture. Chris, thanks for lifting us to another level. God bless you.

  • @techbrazil
    @techbrazil3 жыл бұрын

    I'm astonished by the amount of value delivered in this video Chris. Resourceful and still with a lot of candor!! Cheers from Brazil!

  • @deborahrose648
    @deborahrose6482 жыл бұрын

    Clear, logical and constructive explanation

  • @gtwhome
    @gtwhome2 жыл бұрын

    Props to you, Chris - this video is great because it looks at VC from an external perspective. So many VC videos seem to be talking to insiders.

  • @paris1o1
    @paris1o13 жыл бұрын

    Thank you so much! Great video & highly informative about VC

  • @bucketrance
    @bucketrance4 ай бұрын

    Thank you sir for teaching. Hope you have a blessed day!

  • @graceama3256
    @graceama3256 Жыл бұрын

    Absolutely educative and insightful video. Thank you Chris

  • @paolopassoni6859
    @paolopassoni6859 Жыл бұрын

    Thank you Chris, this video is extremely clear and explanatory of the concept. Quite inspiring.

  • @arnavhazra8806
    @arnavhazra8806 Жыл бұрын

    Thank you Chris, sometimes you just need to hear these things from the horse's mouth to truly embibe the value. I appreciate the clarity of your thought and the value add from your rollercoaster of an experience.

  • @silverscreenstudiosau3385
    @silverscreenstudiosau3385 Жыл бұрын

    YOU LET ME UNDERSTAND EVERYTHING. THE BEST EXPLANATION. :)

  • @edsonmuiambo8344
    @edsonmuiambo834410 ай бұрын

    This is most resourceful content about VCs. Thanks

  • @parry1
    @parry12 жыл бұрын

    This is mind blowing information broken down so nicely! Well done and thank you so very much.

  • @casualbynature5059
    @casualbynature50592 жыл бұрын

    Thanks for the video Chris and D.C. Really broke it down to basics. All the best from 🇬🇧

  • @damibamisile4656
    @damibamisile46563 жыл бұрын

    This is a great video! Very explanatory.

  • @hollyrevels7562
    @hollyrevels75623 жыл бұрын

    Awesome insight, thanks for sharing!

  • @joshuaalfred8307
    @joshuaalfred830714 күн бұрын

    Excellent, thanks for sharing your knowledge Chris, and well explained.

  • @michaeltobias1256
    @michaeltobias12563 жыл бұрын

    Excellent video Mr. Olsen.

  • @garypadiham3221
    @garypadiham322111 ай бұрын

    Thank you very much. Everything you said was music to my ears.

  • @buybill
    @buybill Жыл бұрын

    Very transparent and in-depth presentation of Venture Capital, thank you!

  • @jordimaeso1370
    @jordimaeso1370 Жыл бұрын

    Very well explained! Thank you for the video

  • @mdougf
    @mdougf2 жыл бұрын

    Fantastic. Thank you!

  • @SaedKarzoun
    @SaedKarzoun3 жыл бұрын

    Thank you for sharing this great video.

  • @SanthoshMooga
    @SanthoshMooga3 жыл бұрын

    Best video on vc

  • 3 ай бұрын

    thank you so much Chris! bravo for you and the team for making this video. it made my day!

  • @janeswayne6524
    @janeswayne6524 Жыл бұрын

    Thank you for this explanation video, you articulate things so well

  • @UdayPratapSingh999
    @UdayPratapSingh999 Жыл бұрын

    This was an amazing session. Very informative, very helpful. Enjoyed every single second of it. Thanks.

  • @tanushreerohera6953
    @tanushreerohera69538 ай бұрын

    This was incredible!!! Thank you so much!!

  • @OgnyanGuglev
    @OgnyanGuglev2 жыл бұрын

    Amazing insights! Thank you for taking the time and efforts to share this!

  • @craigwalker8933
    @craigwalker89332 жыл бұрын

    Chris thank you for sharing valuable insight on the steps to becoming a venture capitalist

  • @mnauet
    @mnauet3 жыл бұрын

    lovely and very insightful. thanks chris

  • @ronaldogomes9365
    @ronaldogomes936510 ай бұрын

    this is awesome!! Thank you so much!!!

  • @mystiqkc
    @mystiqkc2 жыл бұрын

    Excellent excellent video!! Thanks a lot.

  • @loveachondo7921
    @loveachondo7921 Жыл бұрын

    Wow, a Master Class indeed!

  • @RubenBustosC
    @RubenBustosC2 жыл бұрын

    Really good master class Chris.....congratulations

  • @Anastasia_Beaverhausen
    @Anastasia_Beaverhausen7 ай бұрын

    What a fabulous video, wow. Thank you.

  • @sfbusinessacademy
    @sfbusinessacademy3 жыл бұрын

    Definitely second this being the best video on KZread for VC and startup approach

  • @FunIndianFacts
    @FunIndianFacts3 жыл бұрын

    Great article. TY for sharing your experience.

  • @elisanteephrahim7444
    @elisanteephrahim74444 ай бұрын

    This is so well informative Thank you for putting this together! 🎉 From Tanzania 🇹🇿,Arusha

  • @kelvinkinyua1347
    @kelvinkinyua13474 ай бұрын

    Thankyou so much Chris for this video. It was so insightful! Lot's of value in such a short period of time.

  • @Dior3llaxoxo
    @Dior3llaxoxo2 жыл бұрын

    This video is GREAT! You've really broken it down for me

  • @pranavmahesheari3143
    @pranavmahesheari31432 жыл бұрын

    This was a great video. Could you make another one regarding the important terms for a VC.

  • @JimHamiltonBusinessCoach
    @JimHamiltonBusinessCoach3 жыл бұрын

    Thank you for sharing. Great information.

  • @apoz4235
    @apoz4235 Жыл бұрын

    amazing thanks Chris!

  • @albertooo880
    @albertooo880 Жыл бұрын

    This was such an amazing video!!! Thank you for all the insight!! As a founder, I’m going to use what you said to me to help me scale my company!

  • @davidchoi33
    @davidchoi333 жыл бұрын

    Thank you, Chris. I am very interested in getting myself into the crazy world of VC and appreciate this resource to guide me on my journey.

  • @Arjuniest

    @Arjuniest

    28 күн бұрын

    Hey David, how's it going? Were you able to do it? (I'm on the same path)

  • @marktao4420
    @marktao44202 жыл бұрын

    Great Video 👍thanks for the valuable information

  • @sfstek64
    @sfstek642 жыл бұрын

    Great video, very informative, and the Chris Pratt pic that popped up was hilarious.

  • @RR-cr6tf
    @RR-cr6tf Жыл бұрын

    thats quite an amazing video Chris!

  • @karenhubbard5135
    @karenhubbard5135 Жыл бұрын

    Incredibly insightful! I just pivoted from a career in consulting to VC...looking for more resources and would love recommendations!

  • @barrymansill6100
    @barrymansill61002 жыл бұрын

    Wow thanks this was the best info and so well explained I'm sure you have special relationships with all your clients I can see you are a special v c I can hear your passion wow I'm in South Africa wish we had this passion here

  • @todayu
    @todayu2 жыл бұрын

    Wow! Excellent explanation.

  • @lordbagira3626
    @lordbagira36263 жыл бұрын

    I am building a system that I believe will disrupt the global commercial computing market (and the os market, container market). I am new to the business side of things so I'm doing alot of it myself. This video re-inspired me when I was having doubts about whether I could get it off the ground. Thanks for this.

  • @thomasmnewman96

    @thomasmnewman96

    2 жыл бұрын

    Any updates on your work? Curious to hear

  • @ChrisPunches

    @ChrisPunches

    2 жыл бұрын

    @@thomasmnewman96 Not yet. I'm still building the prototype. It's been very difficult to find people with the technical skills to be able to help, so, I'm doing it on my own until someone is both interested and capable at the same time.

  • @davydgromenko
    @davydgromenko3 жыл бұрын

    Thank you so much! I'm looking for a good source of information on start-up feasibility evaluation from the financial perspective! If someone has suggestions on literature, course, book please share! All the best, Davyd!

  • @luischavarriaga7343
    @luischavarriaga73438 ай бұрын

    Wow. Great information.

  • @danielgarza695
    @danielgarza6953 жыл бұрын

    Nice video Chris :)

  • @pushkarmehendale
    @pushkarmehendale3 жыл бұрын

    Thank you for simple yet informative video on venture capital.

  • @luischavarriaga7343
    @luischavarriaga73432 жыл бұрын

    Great Info, thanks.

  • @camaro9590
    @camaro95903 жыл бұрын

    This is an amazing Video

  • @julianlai1953
    @julianlai1953 Жыл бұрын

    Thank you for this great content. I have pivoted my career from being an architect to accelerator manager. Lots to learn but it’s an exciting field and it’s great to meet energetic entrepreneurs !

  • @martaa.2922

    @martaa.2922

    11 ай бұрын

    How did you do it? I work in policy / world bank and i need to get tf out of here

  • @bharasiva96

    @bharasiva96

    7 ай бұрын

    How did you do it?

  • @julianlai1953

    @julianlai1953

    7 ай бұрын

    @@martaa.2922 hone a specific skill and really put your time in strengthening knowledge in a specific tech. I have design background so I applied those skills to marketing. I also love gaming so Web3 & blockchain is something I spend time learning.

  • @yashodhanjoshi5674
    @yashodhanjoshi56743 жыл бұрын

    Thank you for this insightful masterclass! I found your idea of "first selecting the macro-trend to bet on" is intriguing and feels like a consulting approach. How has Drive Capital built systems for acknowledging these important trends? Is it purely based on experiences and expertise? Once again thanks, great video

  • @aaliyahbarker7225
    @aaliyahbarker72252 жыл бұрын

    Great video! Super informative. Side note, you kind of sound like Sal from Kahn Academy LOL!

  • @myduyenvu3642
    @myduyenvu3642 Жыл бұрын

    Your lecture is so insightful and precious. Would you prefer make it an online course (in Udemy, for example)? Appreciate your content a lot!

  • @luisanthonyrios401
    @luisanthonyrios401 Жыл бұрын

    Chris , This was an amazing Master Class . So appreciative. How do connect with you and your firm for more training ?

  • @Twestliw
    @Twestliw2 жыл бұрын

    A small detail but I appreciate the she/ her pronouns when referring to entrepreneurs. Acknowledging that not only men work and own business. Thanks for the upload!

  • @jayjay54321
    @jayjay543213 жыл бұрын

    This was a very constructive class. Thank you for highlighting the differest steps deeply and in a simplified way. Question: When you raise a fund and LPs put in their money, does the payout come only once-at the end of the cycle e.g. 10 years; or does it come in stages e.g. once you exit different startups in the portfolio managed by the fund then the LPs receive their profits per exit? I'm asking this on the premise that one fund will invest in a portfolio of several startups.

  • @asab3272

    @asab3272

    4 ай бұрын

    From my understanding, it's usually when there's an IPO or exit or liquidation event, which can pressure companies to grow quickly so that they can generate a return for the firm. I think 7 years is typically the liquidation goal.

  • @adibahmedarnob9486
    @adibahmedarnob94863 ай бұрын

    Good overview but is there some video i can go to to learn the nitty gritty? Like how exactly venture firms do the valuations, the legal paperwork all that.

  • @beatrizgonzalez5247
    @beatrizgonzalez5247 Жыл бұрын

    Great video!

  • @Knowledge_Nuggies
    @Knowledge_Nuggies3 жыл бұрын

    What do you think is more important for a VC: Analytical rigor or creativity or both? Also please elaborate a bit the why. :)

  • @nsbayu7096
    @nsbayu70962 жыл бұрын

    minor: Sangahi.. instead of Shanghai.. hhihi... but very very very good knowledge from you about VC, thanks!

  • @gammerhunter1263
    @gammerhunter12639 ай бұрын

    Awesome

  • @mcrellsandwich9885
    @mcrellsandwich98852 жыл бұрын

    So do I get an interview after watching this video? I feel prepared to work at Drive Capital. I am a jack of all trades.

  • @hasantarek6521
    @hasantarek652122 күн бұрын

    great video 💌

  • @emmanuellekishon2665
    @emmanuellekishon26652 жыл бұрын

    I am learning

  • @annajones9701
    @annajones97013 жыл бұрын

    Hi Chris, what is your background?

  • @alexavolin
    @alexavolin2 жыл бұрын

    Excellent video! Very valuable! I am preparing for an interview with a VC firm next week. The company invests in biotech and pharma and my background is in life sciences. I will have two hours to prepare a case for the partners. I would like someone point me to some resources (a video or an article) on valuation of pharma and biotech startups. It is still very shady for me. Thanks in advance

  • @teretere9038
    @teretere9038 Жыл бұрын

    excellent

  • @nicholasdeguzman7144
    @nicholasdeguzman71442 жыл бұрын

    I died when he said “a mere mortal” 😂

  • @arnaudRT
    @arnaudRT Жыл бұрын

    very good

  • @herberthernandez961
    @herberthernandez9613 жыл бұрын

    Thank you for the info, how I can contact you?

  • @evabraun.
    @evabraun.4 ай бұрын

  • @stevennash6980
    @stevennash6980 Жыл бұрын

    how do you get 300M->1.5B after 10 years? at 8% compounded that would only be 647M...you would need more like a 17.5% per annum return which is not possible in the public markets over that time period

  • @Dior3llaxoxo
    @Dior3llaxoxo2 жыл бұрын

    Not the picture of Family Matters 🤣🤣🤣

  • @niclasgerber291
    @niclasgerber2912 жыл бұрын

    Good video, however in order to turn 300.000.000 into 1.500.000.000 within 10 years you would need about 17% compound interest p.a. Based on historical returns of the stock market / sp500 this is far from realistic

  • @glitser2021
    @glitser20212 жыл бұрын

    09:36 That’s roughly 17.5% APR. Seems a bit hard to justify among secondary markets.

  • @JOSE_REALESTATE
    @JOSE_REALESTATE3 жыл бұрын

    Hey Chris, How do I get a job in venture capital? I have a back ground in real estate and would love to pivot.

  • @DriveCapital

    @DriveCapital

    3 жыл бұрын

    Hey Jose! Here's a video where we talk a bit about getting into VC. Let us know if there's more you'd like to see us cover. kzread.info/dash/bejne/a5V8lbWPo6rVeJs.html

  • @JennySiede
    @JennySiede2 жыл бұрын

    👍

  • @ozanevren
    @ozanevren9 ай бұрын

    Lean Investment 101

  • @JasonLee-fc2ot
    @JasonLee-fc2ot11 ай бұрын

    I love the way VCs justify their fees. The team is really expensive (mostly me and a few analysts and secretaries). Let me take $60 million off the table for that team. Harvard Business Review (as opposed to VC backed or reliant publications) states "We found that the overall performance of the industry is poor... The average fund... breaks even or loses money." The biggest problem is that you find out 10 years later whether your investment in a VC fund was a good one. VC returns are going to be wrecked as interest rates increase.

  • @christophertaylorbrown1278
    @christophertaylorbrown12782 жыл бұрын

    Great video! Just curious, how does a U$300 million go to U$1.5 Billion in just 10 years?

  • @NoraGermain

    @NoraGermain

    2 жыл бұрын

    16% return compounded for 10 yrs roughly

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