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Digital JPEGs selling for millions of dollars; machines that turn thin air into food; people buying a McDonald's with Bitcoin; an AI program that can replace illustrators; psychedelics being prescribed by doctors. What do these ideas have in common? They were all completely crazy notions until, one day, before most people had even heard of them, they were part of our world. So what’s next? “Crazy until it’s not” is a podcast by firstminute capital where we talk with tech visionaries about th ...
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DNA is an alien programming language - that can be learned That's the mind blowing idea of Stef van Grieken, the founder of Cradle, which is unlocking the keys to human biology. What does he mean here? Well, DNA was not designed like most languages, but it evolved, and so it's hard to understand and harder to engineer. But what if, similarly to how…
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In the global AI race, product will matter more than tech. That's the prediction from Mehdi Ghissassi, the Head of Product & Deepmind Check out the latest episode of "Crazy Until It's Not" to discover more about why it's the builders who bring AI tech to life that will conqueror the world.Por firstminute capital
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In the future, buildings will be grown not built That's the prediction from Tim Fu, the Generative AI architect and founder of Studio Tim Fu. We're already well on our way, with advances in synthetic biology. But there is so much further to go. Check out the latest episode of "Crazy Until It's Not" to discovery the future of biology.…
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In the future we will be able to program biology. That's the prediction from Dr Mark Kotter, the founder of three synth bio companies bit.bio, clock.bio and Meatable. We're already well on our way, with the ability to perform feats like turning bacteria into lightbulbs. But there is so much further to go. Check out the latest episode of "Crazy Unti…
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Welcome to another episode where we plunge into the world of artificial intelligence and its rapidly growing influence on the media landscape. This podcast explores the revolutionary assertion that all media - yes, you heard that right, ALL media - will soon be AI-generated or AI-assisted. Our journey begins with a comprehensive overview of current…
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What’s next in Generative AI? Could it be LLM-powered implants in our skulls directing us everywhere? That’s something that Julien Simon from Hugging Face (a platform with over 120k open-source machine learning models) expects to see in his lifetime. “A lot of tech innovation is just reading science fiction books and just inventing stuff that makes…
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Society needs to brace itself. Tens of millions of people around the world work in call centres - but the latest advances in Generative AI and synthetic voice are set to make around 🤯🤯 🤯 80% of their jobs redundant 🤯 🤯 🤯 . That's according to Nikola Mrkšić, the founder of PolyAI, a machine learning platform that buildings chatbots or voice-based ag…
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Welcome back to Crazy Until It's Not, a podcast about big ideas and the amazing people behind them. Every episode we bring on a new guest who has a prediction for the future, which on the face of it, sounds a little bit crazy. I'm your host, Michael Stothard, an early-stage tech investor at firstminute capital. And today I'm joined by Jonas Andruli…
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We are going to see 10 Tesla-sized companies springing up in the coming years tacking big issues in climate. That’s 10 new companies with a market cap of over $520bn 🏢💪🏻♻️ That’s the big idea of David Helgason, the founder of Unity Technologies, one of the world’s two largest game engine companies, who is now a prominent climate investor through hi…
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Are you reading this on your smartphone? Nothing’s CEO and co-founder Carl Pei’s ‘crazy’ prediction for the future is that nothing will displace the smartphone. Last fall at an FF event, we discussed the trend-driven nature of tech where fads come and go as Carl used VR, AR and drones as examples. But he predicts that 10 years from now, we’ll still…
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Are AI and automation going to lead to mass unemployment? We spoke to King’s Riccardo Zacconi about his ‘crazy’ prediction for the future, and he said that we are going to have the opposite problem. He believes that big problem in the near future is that, with an ageing population, we are not going to have enough workers. He believes unemployment r…
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In the future, viruses will no longer cause disease. 🦠😷 That’s the big prediction of BaseImmune’s Ariane Gomes, who says that in the future vaccines will be so good that viruses and other pathogens will not make people sick. We spoke with Ariane last autumn about her background as a ​​PhD in Clinical Medicine from Oxford focused on immunology and v…
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A glass which is impossible to drink from, sustainable diapers and an email paywalls. Here are just some of the business ideas going through the head of Jim McKelvey, one of the most extraordinary entrepenurs we know. Jim was a cofounder and now board member of Block (the $50bn fintech formerly known as Square) also is also chairman of the St. Loui…
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Science is making MOOOOOOOves to eliminate cow farming! At the FF event in Scotland last autumn, we spoke with Dan Widmaier the CEO and co-founder of Bolt Threads about his ‘crazy’ idea for the future. Dan originally trained as a scientist at UCSF where he holds a PhD in Chemistry and Chemical Biology. With that degree, he went on to create Bolt Th…
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In the future, there will be no private cars in cities. That’s according to Bolt’s CEO and Founder Markus Villig. Many European cities have already passed legislation to reduce traffic — from London’s congestion charges to Paris making every first Sunday of the month car-free. The move to ban all private car use would provide major environmental an…
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Currently, 75% of the US and 62% of the UK drive to work*. Now imagine if that commute looked more like a relaxing session in a first-class airport lounge than a dull and stressful experience in a cramped seat. 🚗🧘 As the automotive industry and EV technology advances, the thought of self-driving cars becomes more of a reality and less of an abstrac…
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While on a video call, if you’re boss asked you to open a link, would you do it? If the answer is yes, maybe you should think again as it could be a cyberattack! 🏼🕵🏻‍♀️ We spoke with cybersecurity software Darktrace’s CEO, Poppy Gustafsson, at an FF event last year about her predictions that cyberattacks will use deep fakes in live videos. The craz…
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Is cash really king? 💳 >💵 Physical coins have been around for 28 centuries. But that is all coming to an end in the next decades. During a chat at FF’s event in autumn, Cyril Chiche predicted that cash will no longer exist in the next few decades. He has seen this trend of moving away from cash for digital alternatives accelerated by Covid. Cyril i…
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On this week’s “Crazy Until It’s Not”, Lubomila Jordanova discusses her ‘crazy’ prediction that every product and service will have a real cost. What does she mean by real cost? At the moment, the price of products and services do not take into account their wider environmental and social impact. Ludomila gives the example of a t-shirt. Traditional…
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Who wants to add Dr. to their names? Soon, we’ll become our own physicians. This is the CEO and founder of Levels, Josh Clemente’s crazy prediction. Clemente discusses his health battles and experiments he conducted while working at Space X. These all led to the founding of Levels, a monitor and service which tracks your metabolic health. So, how w…
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Quantum computers will solve all of chemistry (and a large part of physics). That's the latest big prediction on the "Crazy Until It's Not" podcast, this time by Steve Brierley, the founder and CEO of the quantum computing startup Riverlane. What does Steve really mean though by "solving" chemistry? The idea, says Steve, is that we will soon be abl…
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Social media will be decentralised. That is the big bold prediction of Esteban Ordano, the co-founder of Decentraland. How come? Well, the answer is simple: because a decentralised social media would be much better. Find out why exactly on this podcast. Let us know what you think of this idea at michael@firstminute.capital…
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Soon kids as young as two-years-old will be reading. That is the big bold prediction of Mike Maples, the co-founder and partner at Floodgate (and the host of the excellent Starting Greatness podcast). How? Well, education apps have made it possible to ultra-accelerate the learning process. It's possible to do all the core bits of learning (reading,…
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In a few years' time, there will be more people making a living playing video games than making cars. So more people making money from just PLAYING video games they enjoy than in making the 80m cars that are made every year. That sounds crazy! That at any rate is the big bold prediction of Robby Yung, the CEO of Animoca Brands, one of the leading b…
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Julia Collins is not only known for co-founding Planet FWD and Zume Pizza, but she’s also known for her kindness and what she calls ‘realistic optimism’. In conversation with Pam Kostka, Julia shares her secrets on how she stays kind and positive throughout the founding journey in this special edition of my firstminute alongside Pam Kostka from Jul…
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As we wrap up 2022, we’ve looked back at firstminute capital’s first podcast “My firstminute” from 2020 and 2021. My firstminute talked to some of the world’s top investors, founders and thought-leaders about the first minutes of their careers, some of the battles they’ve overcome and their advice on navigating the world today. When discussing ‘the…
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What makes a great entrepreneur turn into a great investor? David Sacks started his career in the ‘PayPal Mafia’ as one of the company’s earliest members as COO and product lead. During his time as COO in 2001, payment volume grew from 0 to $3.5 billion per year and revenue saw equally tremendous growth from 0 to $100 million. After a stint as a fi…
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What is it like being the CEO of a company with 300,000 employees? 🏢📊 We asked former CEO and Chairman of General Electric, Jeff Immelt in June 2020. Jeff Immelt is the former Chairman and CEO of General Electric, which he stepped down from in 2017 after 16 years. Jeff was the 9th Chairman of GE, and has been named one of the ""World's Best CEOs"" …
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What is the recipe for successful co-founders? 👨🏻‍🍳🥣 How do you make marketplace economics work? 🔂 We dig into all this as well as the future of commerce, contrarian ideas, COVID tailwinds, how to make marketplace economics work with Niraj Shah, Co-founder, Co-Chairman & CEO of Wayfair. Niraj co-founded the company with Steve Conine back in 2002 an…
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The consumer sector has seen a decline in VC funding. This is due to many factors such as the high churn rates and difficulty in find product market fit often saturated markets. Jess Lee knows both sides well having been co-founder and former CEO of Polyvore and currently a Partner at Sequoia Capital. Over her illustrious career, Jess has spent tim…
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Do entrepreneurs need talent agents like movie stars? Is the future of the entertainment industry equity based? How do you become a better leader? These are just a few of the questions Jeremy Zimmer answers in his episode of my firstminute from June 2020. Jeremy Zimmer is the Chief Executive Officer and a co-founder of UTA. One of the industry’s le…
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What has Peter Fenton learned from his experience as one of Benchmark’s General Partners? Nurture relational curiosity VC is a youthful business Business logic doesn’t age well but human nature does There are just a few of the things he discusses with us in this episode of my firstminute from June 2020. Peter became a General Partner at Benchmark a…
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How did entrepreneurs fund businesses before venture capital? 💡💸 Dr Hermann Hauser tells his story of how he co-founded Acorn back in 1978 with £50 of his own money. The computer company went on to become the “British Apple”. He was also co-founder of ARM ($31bn acquisition by Softbank), co-founder of Amadeus Capital, Fellow of the Institute of Phy…
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Happy wife investor, happy life Many say an investor-founder relationship is like a marriage. That includes David Helgason and Bing Gordon. In this episode of myfirstminute from May 2020, we covered everything from the earliest days of their careers, as founder and CEO of Unity Technologies for David and Chief Creative Officer at EA for Bing, to ho…
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The power of a crisis, where to spend your startup budget and how do people learn. We discussed this and much more with Spencer Rascoff in May 2020. Spencer is Co-founder & former CEO of Zillow, Board Advisor at Tripadvisor, Co-founder & Executive Chairman of dot.LA, Co-founder Hotwire.com and Co-author of the New York Times' bestseller "Zillow Tal…
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What do history and tech have in common? More than you would think. An example is that most people are either Greek or Roman. Greeks are great thinkers, philosophers and architects. 🏛 Romans are road builders, executors and operators. 🔨 Finding the combination of greek and roman in one individual is very rare but not impossible. An example is Elon …
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Three great marketplace unicorn founders turned investors were brought together in this episode of myfirstminute from May 2020: Cristina Fonseca (Talkdesk [$1bn private valuation] and Venture Partner at Indico Capital Partners) Fabrice Grinda (Co-founder & Co-CEO OLX [acquired by Naspers], Founding Partner FJ Labs) Paul Forster (Co-founder & former…
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Mental health and sports have never been more intertwined. As conversations grow and taboos dwindle, mental health, or mental fitness as it’s increasingly being called, is an essential of our greater health. In this episode of myfirsminute podcast, we spoke with Rio Ferdinand (Former England and Manchester United Captain) and Michael Acton Smith OB…
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What are the elements which have driven Nico Rosberg to success in Formula One and in business? Nico Rosberg became Formula 1 World Champion in 2016 with Mercedes AMG Petronas and has since embarked on a career as a sustainability entrepreneur and investor in green technologies. Nico Rosberg's drive as an entrepreneur is fuelled by the will to driv…
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Not only are emotions and data NOT opposites, emotions actually ARE data. They are something to be studied and understood. Sir Martin Sorrell discusses data and emotions from the point of view of how to harness both in advertising. In May 2020, we hosted Sir Martin Sorrell, Executive Chairman of S4 Capital and Founder of WPP. Sir Martin Sorrell rem…
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Jennifer Fleiss is an entrepreneur who has founded and scaled two digitally native businesses from scratch: Rent the Runway and Jetblack. Rent the Runway was co-founded in 2009 by Fleiss and Jenn Hyman. In 2009, they disrupted the trillion-dollar fashion industry and changed how women get dressed forever by pioneering the ‘Closet in the Cloud’: a d…
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Ever wonder what open-source software and jazz music or free pizza and wordpress have in common? We’ll give you a clue, Matt Mullenweg, the founder and CEO of Automattic ($3bn private valuation; makers of WordPress and Tumblr). During the episode of myfirstminute from the 20th of May 2020, Sam Endacott, Partner at firstminute capital, covered Matt'…
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This holiday period, with the extra downtime away from work, we’ll spend more time playing games than ever! So what exactly is the recipe for creating a successful game? King co-founder, Riccardo Zacconi discussed the secret recipe behind the success of Candy Crush and how to create stickiness in games (pun intended). We also delved into Riccardo's…
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What do you think the average for a startup to reach product-market fit is? 📊 The answer: 2-3 years. Ross Mason took 6 years to reach product-market fit with MuleSoft but it was worth the wait when he sold the company to Salesforce for $6.5bn. Ross discusses his journey as Founder of MuleSoft. From the search for product-market fit to the changes i…
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