In this episode, Andrew Chan, a seasoned VC at Atas Ventures, shares a clear-eyed perspective on the current state of venture capital, highlighting systemic flaws and proposing tangible changes. His insights delve into the importance of transparency, reducing hype-driven investments, and embracing technological rigor to foster more equitable and effective funding practices and workforce dynamics.

Timestamps:

00:00 - Welcome and introduction to Andrew Chan's VC perspective
02:21 - The reality behind the "hardest job in the world" in venture capital
07:03 - Proposed industry reforms for transparency and merit-based investing
09:50 - How hype influences startup success and investment decisions
12:33 - The importance of understanding VC “rules” and playing the game
15:00 - Andrew’s thesis: investing in “American Necessities” and deep tech
18:20 - Key traits to look for in founders: team, technical expertise, and founder-market fit
21:45 - The impact of AI on jobs, innovation, and scientific progress
24:33 - The risks and opportunities AI presents to the workforce and society
26:50 - Practical advice for founders: reaching out effectively and understanding VC psychology

Connect with Andrew:

• Atas Ventures
• Andy Chan - LinkedIn

Notes:
Andrew offers critical insights into the systemic issues within venture capital, emphasizing the need for cultural and structural reforms. He advocates for a more meritocratic, transparent, and scientifically grounded funding ecosystem, especially in deep tech domains like AI, robotics, and industrial innovation. Founders seeking investment should understand VC “rules” of engagement and focus on building real, defensible technology rather than hype or superficial metrics. His perspective is particularly valuable for those committed to impactful, long-term technological change.

In this episode, Harry Herzberg discusses how his startup, Transcribit, is tackling a critical unmet need in education: better accommodations for students with disabilities. He shares the vision of creating a platform that enhances communication, accessibility, and inclusion across schools and universities.

00:00 - Introduction to Harry Herzberg and the mission of Transcribit

02:12 - Potential for technological solutions to complement government efforts

06:44 - Impact on classroom engagement and disability detection

08:37 - The broader vision for universal communication accessibility

11:44 - Building relationships with education-focused investors

Connect with Harry:

https://www.linkedin.com/in/harry-herzberg-ba000814b/

https://www.transcribbit.com/

Are you ready to learn what venture capitalists actually want? In this video, I share insights and answers questions from various startups, offering valuable guidance for those navigating the early stages of their ventures. He touches upon how to start a business and the journey of entrepreneurship, highlighting the importance of understanding what investors care about when fundraising, whether for a startup or for business tips. This discussion provides essential financial knowledge for founders seeking funding.



00:00 Intro
00:53 Investors Bet on You
02:53 Google Workspace
03:43 TAM in Startups
05:19 Traction and Why Now
07:24 Founder Market Fit
08:51 Getting Started



Be professional. Get 10% off your Google Workspace subscription: https://c.gle/ADMV5J8v4FJ5C4vYOj-kNRB54A8a-8cpAVsgAPs01dtaLL9BRZNA8VAtAkVp80PlNOqJrWCIzuw2aGSMwS2TQBE21G9-wmRgNZgSqqaIiynfxdMDPrNqXXLca12ek0GmT_UEP2iW0vIWHvw8TcjuTyrv



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