#38 Mayfield: On Building a People First Culture and 50+ Years in Venture Capital | Rishi Garg, Partner

In Episode #38, we explore building a people first culture and 50+ years in venture capital. With Rishi Garg, Partner at Mayfield. We cover the importance of trust between founders and investors, building a people-first culture, and big waves in internet investing from Netscape to digital identities.
“The purpose of the startup community is to take a tiny amount of human and financial capital and create a single product, usually, a single thing, an insight that, through incredible intensity, can be used to break open a market and achieve unusual skill.” – Rishi Garg
EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED)
https://www.danielscrivner.com/notes/rishi-garg1-outlier-academy-show-notes 
FULL TEXT TRANSCRIPT
https://www.danielscrivner.com/notes/rishi-garg-outlier-academy-transcript 
CHAPTERS
This episode is our guide to building a people first culture in venture capital. In it we cover:

(00:00:00) – Introduction

(00:01:14) – Rishi’s background and work at MTV, Square, and Twitter

(00:04:24) – Defining business development and the core skills needed for the role

(00:19:27) – Managing M&A as a founder

(00:27:11) – On joining Mayfield and returning to the VC world

(00:32:37) – The “people first” culture at Mayfield

(00:37:30) – The importance of trust between founders and investors

(00:38:48) – Big waves in internet investing, from Netscape to digital identities

ABOUT MAYFIELD
Mayfield is a global venture capital firm with a 50+ year history of investing in relationships with entrepreneurs from inception to iconic. Rishi Garg co-leads Mayfield’s Consumer investment practice. He was an early executive at Square and co-founded FanSnap.
💌 FREE NEWSLETTER
https://www.outlieracademy.com/newsletter
🎙 LISTEN ON
iTunes: https://podcasts.apple.com/us/podcast/outlier-academy/id1523851182
Spotify: https://open.spotify.com/show/58edVNgqaPNaCSGSxM6pef?si=88f37a5d20434775
Overcast: https://overcast.fm/itunes1523851182
ABOUT OUTLIER ACADEMY
Learn timeless lessons on work and life from iconic founders, world-renown investors, and bestselling authors. Outlier Academy is the forever school for those chasing greatness. Past guests include Gokul Rajaram of DoorDash, Scott Belsky of Benchmark and Adobe, Joey Krug of Pantera Capital, Mark Sisson of Primal Kitchen, Luke Gromen of The Forest for the Trees, and Brian Scudamore of 1-800-GOT-JUNK.
Website: https://www.outlieracademy.com
Twitter: https://www.twitter.com/outlieracademy
ABOUT DANIEL SCRIVNER
Outlier Academy is hosted by Daniel Scrivner. Over the last 15 years, Daniel has led design teams at Square and Apple, turned around a $3M+ ARR SaaS business, and invested in more than 100 companies. He launched Outlier Academy in 2020 to learn from the world’s best founders, investors, authors, and peak performance experts.
Website: https://www.danielscrivner.com
Twitter: https://www.twitter.com/danielscrivner
Learn more about your ad choices. Visit megaphone.fm/adchoices

In Episode #38, we explore building a people first culture and 50+ years in venture capital. With Rishi Garg, Partner at Mayfield. We cover the importance of trust between founders and investors, building a people-first culture, and big waves in internet investing from Netscape to digital identities.

“The purpose of the startup community is to take a tiny amount of human and financial capital and create a single product, usually, a single thing, an insight that, through incredible intensity, can be used to break open a market and achieve unusual skill.” – Rishi Garg

EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED)

https://www.danielscrivner.com/notes/rishi-garg1-outlier-academy-show-notes 

FULL TEXT TRANSCRIPT

https://www.danielscrivner.com/notes/rishi-garg-outlier-academy-transcript 

CHAPTERS

This episode is our guide to building a people first culture in venture capital. In it we cover:

(00:00:00) – Introduction
(00:01:14) – Rishi’s background and work at MTV, Square, and Twitter
(00:04:24) – Defining business development and the core skills needed for the role
(00:19:27) – Managing M&A as a founder
(00:27:11) – On joining Mayfield and returning to the VC world
(00:32:37) – The “people first” culture at Mayfield
(00:37:30) – The importance of trust between founders and investors
(00:38:48) – Big waves in internet investing, from Netscape to digital identities

ABOUT MAYFIELD

Mayfield is a global venture capital firm with a 50+ year history of investing in relationships with entrepreneurs from inception to iconic. Rishi Garg co-leads Mayfield’s Consumer investment practice. He was an early executive at Square and co-founded FanSnap.

💌 FREE NEWSLETTER

https://www.outlieracademy.com/newsletter

🎙 LISTEN ON

iTunes: https://podcasts.apple.com/us/podcast/outlier-academy/id1523851182

Spotify: https://open.spotify.com/show/58edVNgqaPNaCSGSxM6pef?si=88f37a5d20434775

Overcast: https://overcast.fm/itunes1523851182

ABOUT OUTLIER ACADEMY

Learn timeless lessons on work and life from iconic founders, world-renown investors, and bestselling authors. Outlier Academy is the forever school for those chasing greatness. Past guests include Gokul Rajaram of DoorDash, Scott Belsky of Benchmark and Adobe, Joey Krug of Pantera Capital, Mark Sisson of Primal Kitchen, Luke Gromen of The Forest for the Trees, and Brian Scudamore of 1-800-GOT-JUNK.

Website: https://www.outlieracademy.com

Twitter: https://www.twitter.com/outlieracademy

ABOUT DANIEL SCRIVNER

Outlier Academy is hosted by Daniel Scrivner. Over the last 15 years, Daniel has led design teams at Square and Apple, turned around a $3M+ ARR SaaS business, and invested in more than 100 companies. He launched Outlier Academy in 2020 to learn from the world’s best founders, investors, authors, and peak performance experts.

Website: https://www.danielscrivner.com

Twitter: https://www.twitter.com/danielscrivner

Learn more about your ad choices. Visit megaphone.fm/adchoices