Insight certainty 4/5 debate potential 3/5

Coogan: Founders too easily get 'VC pilled' chasing large funding rounds

John Coogan · John Coogan, EIR at Founders Fund, Founder of Soylent & Lucy · Sourcery with Molly O'Shea · Jul 24, 2024 · at 1:07:01

John Coogan, EIR at Founders Fund, discusses how founders get distracted by venture capital incentives instead of building niche consumer AI businesses.

0:00 / 0:08exact quote · 8.1s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“It's too easy to get VC pilled and be like, oh, well, like if I change my story a little bit, I could raise a bunch of money.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from John Coogan

Opinion
VC disdain for ChatGPT wrappers is a psyop by oversized funds
“The whole like chat GPT rapper Meme is like a total psyop by VCs who have scaled up their funds too much to like ruin fun for young entrepreneurs.”
John Coogan Jul 24, 2024 ▶ 1:03:09 John Coogan, EIR at Founders Fund, Founder of Soylent & Lucy · Sourcery with Molly O'Shea
Assertion Supported
Soylent hit $60M revenue before bad hires ruined the company
“Grew to, like, sixty million dollars in, like, a few years in revenue and then just, like, over-raised and, you know, brought in bad team, and it was just, like, a disaster, and then everyone just laughed, and then the company sold for, like, not a great outco…”
John Coogan Jul 24, 2024 ▶ 10:31 John Coogan, EIR at Founders Fund, Founder of Soylent & Lucy · Sourcery with Molly O'Shea
Assertion Supported
EVALI lung injuries were caused by illicit cannabis vapes, not Juul
“There was this thing called EVALI, the e-cigarette and vapor acute lung injury, like fiasco. It was identified by the CDC. And I mean, people died, like there were multiple people that, that, that actually died. And everyone thought it was because of Juul. It …”
John Coogan Jul 24, 2024 ▶ 20:49 John Coogan, EIR at Founders Fund, Founder of Soylent & Lucy · Sourcery with Molly O'Shea
Assertion Supported
Nicotine itself does not cause lung cancer despite common public perception
“The biggest, you know, cognitive dissonance publicly still remains just the idea that like nicotine is what gives you lung cancer, which is just not true. And the government's, you know, acknowledged this, everyone's acknowledged this, but it just, Hasn't, it …”
John Coogan Jul 24, 2024 ▶ 36:55 John Coogan, EIR at Founders Fund, Founder of Soylent & Lucy · Sourcery with Molly O'Shea
Opinion
Coogan: Regulators should double taxes and age limits on cigarettes
“We should have a tilted playing field and everything that you do for like to that continuum risk, like everything that you, every reg, every new regulation that you put on the industry, you should just double it and put that on cigarettes. Like cigarettes shou…”
John Coogan Jul 24, 2024 ▶ 41:20 John Coogan, EIR at Founders Fund, Founder of Soylent & Lucy · Sourcery with Molly O'Shea
Opinion
Coogan: Big Tobacco quality has degraded as top talent chooses tech
“They are not well run. They are not hiring the best people, really, really sharp people. They go to work at SpaceX and Meta. They are not going to big tobacco anymore. And so the quality of the companies has really, really degraded.”
John Coogan Jul 24, 2024 ▶ 49:19 John Coogan, EIR at Founders Fund, Founder of Soylent & Lucy · Sourcery with Molly O'Shea
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 160 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.