Venture Capital 101 with Eric Bahn
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On this episode, Ryan sits down with Eric Bahn from Hustle Fund in San Francisco. Hustle Fund invests in what they call “hilariously-early hustlers.” Prior to co-founding the fund, Eric worked in a number of operating roles, including as a product manager at Intuit, co-founder of a gaming company, founder of a startup to serve MBA students (that was later acquired), product manager at Facebook, co-founder of a media company called The Hustle, and EIR at 500 Startups (phew!). On this episode we take you behind the curtain to break down exactly how venture capital works. We talk about: Eric’s advice on how to break into venture capital if you’ve never worked in the space before. Some of the common misconceptions about VC, including how much venture capitalists are actually paid (spoiler alert: unless you’re at a big fund, it’s not as much as you think). Hustle Fund’s investing thesis, including their unique data-driven approach to investing in early stage companies. We also talk about the rise of “no code” and…