Fireside with a VC
Fireside with a VC
Andrew Romans
Episode #60, Chuck Newhall, cofounder of NEA, author of Dare to Disturb the Universe, A Memoir of Venture Capital
1 hour 9 minutes Posted Oct 12, 2022 at 12:26 pm.
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Episode #60 Fireside with a VC speaking with Charles (Chuck) Newhall, III, a 3rd generation venture capitalist. Newhall cofounded New Enterprise Associates (NEA) in 1977 with Dick Kramlich and Frank Bonsal. NEA is the largest VC fund in the world. Newhall is a U.S. warrior who served in Vietnam commanding an independent platoon. His decorations include the Silver Star and Bronze Star. Newhall is also the author of a new book - Dare to Disturb the Universe, A Memoir of Venture Capital.

Discussing:

· Fighting on Hamburger Hill in Vietnam and revelations of a career in VC.

· Founding a VC firm built to last 100+ years and specifics of how he built NEA.

· Origins of venture capital dating back to Phoenicians and how Christopher Columbus was a VC-backed founder with an 80/20 split of the gains or what he “carried”.

· Wisdom from Marcus Aurelius, the 2&20 model, and aligning interests.

· Stories of VC investing and startups including persistent seed investing in Apple Computer. Buying 10% of Apple Computer for $400k by sleeping at the Apple office and refusing to go home.

· Investing based on DD from experts versus investing from passion.

“You’re only one person away from a great company at any point in time.” - Charles (Chuck) Newhall, III

For more buy the books:

1) Dare to Disturb the Universe, A memoir of Venture Capital (https://rb.gy/g1izrc).

2) Brightside Gardens - A Dialogue Between The Head and The Heart (https://rb.gy/qcphsn)

3) The Chronicles of Stanley the Pug (https://youtu.be/uwjq7kInKlY)

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