How to manage risks and opportunities in Venture Capital with Firstrock Capital Founding Partner Erik Stettler, EN (#9)

Private Markets Unleashed

In this week's episode we are excited to welcome with our co-host Jiri Fiala, Erik Stettler, Chief Economist of Toptal and founding partner of the Firstrock Capital VC fund.

Firstrock Capital is a venture capital firm that specialises in tech startups with proven product-market fit in the U.S., investing in and partnering with them to scale engineering teams in Latin America while leveraging in-house expertise, and having made over 50 investments in a decade.

Toptal, a global talent hedge fund, facilitates on-demand access to top freelancers through a rigorous screening process, accepting only the top 3% of applicants, providing businesses with a flexible solution to scale teams and efficiently complete projects worldwide.

Tune in to explore the dynamic landscape of artificial intelligence (AI), the discussion delves into the opportunities and threats it presents to venture capital. Emphasising the significance of global expansion for startups, the discourse also addresses the contrasting dynamics of the Asian and American markets. The imperative skill of sharpening judgement on risk is highlighted, underscoring the importance of honing risk assessment abilities. Additionally, the crucial role of portfolios and diversification is emphasised in navigating the complexities of the entrepreneurial and investment spheres.