1 November 2021
Episode 009: Rethinking Venture Capital
Welcome to another episode of The Thinking Leader podcast, brought to you by Red Team Thinking. In this episode, Bryce Hoffman talks with Mark McNally, founder of Nobody Studios, about his new vision for venture capital and his goal to launch 100 companies in five years.
Mark is a serial entrepreneur whose first start-up went public with a $4 billion market cap back in 1999 when he was just 24. Since then, he has helped launch 14 companies, raised more than $300 million and seen over $5 billion in exits.
He’s “challenging the status quo daily and creating rapid but healthy disruption.” Nobody Studios is unified by its principles of rapid and frugal innovation, a “people first” mentality, crowd first execution in everything, and transparency to its core.
“If you really think people have your back, your egos checked at the door, and you’re focused on being there for your brothers, it gets the best out of people. And for me, going into the business world, that was the first thing I learned.”
– Mark McNally
Top 10 Takeaways:
09:09 The strength of peer-led teams
11:37 What’s wrong the way we create companies today?
13:00 What is Nobody Studios?
13:42 A new model for venture capital
17:07 Empowering teams allows them to think differently
18:23 The power of checking your ego at the door
20:45 The most important thing entrepreneurs need to learn do well is tell their story
30:08 Should you go public?
31:15 Red teaming venture capital
33:45 How Wall Street screwed up venture capital
Mentioned in this Episode:
Brought to you by Red Team Thinking
Intervention in Haiti (1995)
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Episode 7
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Episode 8
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