July 20, 2021

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

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

Rishi Garg is co-head of the Consumer Investing Practice at the Mayfield Fund, a seed and Series A focused venture capital firm. In this episode, Rishi and Daniel discuss building a “people first” culture, defining business development, and the future of internet investing.

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“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

Rishi Garg (@rishigarg) is co-head of the Consumer Investing Practice at the Mayfield Fund, a seed and Series A focused venture capital firm. Before joining Mayfield, Rishi co-founded FanSnap, which was acquired by Nextag. He has led business and corporate development for Google, Square, MTV, and Twitter, and has invested in companies such as Quilt, Grove Collaborative, and Projector.

Show notes with links, quotes, and a transcript of the episode: https://www.danielscrivner.com/notes/rishi-garg1-outlier-academy-show-notes 

Chapters in this interview:

  • Rishi’s background and work at MTV, Square, and Twitter
  • Defining business development and the core skills needed for the role
  • Managing M&A as a founder
  • On joining Mayfield and returning to the VC world
  • The “people first” culture at Mayfield
  • The importance of trust between founders and investors
  • Big waves in internet investing, from Netscape to digital identities


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