Invest Like The Best
Episode 70 The Future of Venture Capital
Invest Like The Best

Episode 70: The Future of Venture Capital

The Future of Venture Capital

Sheel Tyle is the founder of the venture firm, Amplo. We cover why he believes there is going to be a tremendous opportunity for international investments, how to network correctly, and his views on technologies like AR/VR, blockchain, AI, and drones.

This episode is brought to you by:

CFA Institute. CFA Institute is a global association of investment professionals, whose mission is to lead the investment profession by promoting the highest standards of ethics, education, and professional excellence for the ultimate benefit of society. CFA Institute serves a global community of investment professionals working to build an investment industry where investor's interests come first, financial markets function at their best and economies grow. The Chartered Financial Analyst credential is the most respected and recognized investment management designation in the world. The views expressed in this podcast do not necessarily represent the views of CFA Institute.

[00:02:20] – (First Question) Sheel’s upbringing and how it shaped his interest in Africa

[00:04:43] – The outlook for Africa

[00:06:10] – Primary differences in valuations and momentum in Africa vs opportunities in other places which Sheel conveys through the story of Andela

[00:10:45] – The perspective returns of venture capital investment 

[00:15:16] – Does the hyperfroth in ICO’s serve as a threat to traditional venture capital

[00:17:53] – Where Sheel falls on the importance of networking in terms of his venture capital interests

[00:20:38] – The stronger impact of a smaller, more tight-knit network

[00:22:46] – Sheel’s feelings on driverless cars and the timeline for this sector

[00:27:17] – What are the positive side effects of driverless cars taking over

[00:29:01] – What is the best way to invest in driverless cars from a venture capital standpoint

[00:31:30] – Sheel’s overrated/underrated take on different technology spaces

[00:31:30] – VR/AR

[00:32:21] – Blockchain

[00:32:54] – Machine learning/AI

[00:33:41] – Drones

[00:34:53] – Other categories that we should be thinking about

[00:36:54] – OneConcern

[00:38:21] – Should entrepreneurs be raising more money over future liquidity concerns of the venture capital market 

[00:39:40] – What are the places that Sheel can help a founder in the early stage formation of the company

[00:42:53] – What does the breakdown of domestic vs international investments potentially look like in fund 1 for Sheel

[00:44:53] – Sheel’s most memorable travel experience 

[00:47:34] – What is the best decision Sheel saw a founder make

[00:48:10] – Mark43

[00:50:31] – Resources for people interested in venture capital

[00:51:06] – TechCrunch

[00:51:07] – VentureBeat

[00:51:17] – Bill Draper (author)

The Future of Venture Capital

Introduction

Patrick
My guest this week is Sheel Tyle, who at just 26 years old has already had a successful career in venture capital. His most recent stint was as the co-head of the seed investing business at NEA, the largest venture capital firm in the worlds, where Sheel was also a partner. Now Sheel has set off on his own, setting up his own firm called Amplo and having recently raised $100 million venture fund where he is the sole general partner. He aims to invest with young, mission-driven entrepreneurs with a global focus. As you can tell from this resume which also includes a degree from Stanford and a law degree from Harvard, this is one ambition guy. There are several aspects of this conversation that will really stick with me, specifically his points on networking and the smartest decision he's seen entrepreneurs make. I also loved our discussion of some of the same trends we explored last week with Chris Dixon, topics like drones, automated cars, and blockchain, where Sheel often has different takes than the consensus. Please enjoy my conversation on Africa, entrepreneurship, venture capital trends, technology, and more with Sheel Tyle.

Investing in Emerging Markets

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