{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Luba Show","title":"The Investor Who Backed 10 Unicorns Explains the AI Bubble - Avichal Garg (Electric Capital)","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/580947ff\"></iframe>","width":"100%","height":180,"duration":7314,"description":"Today I sit down with Avichal Garg, co-founder and General Partner at Electric Capital. Avichal has built and sold companies, worked inside early Google and Facebook, served as a visiting partner at Y Combinator, and now backs founders across crypto and frontier tech.\nWe get into:\n-Why founders are more like artists than operators\n-What actually compounds a person's trajectory\n-His \"software eating money\" thesis behind Electric Capital\n-Why honesty ends up being the real edge in venture\nso much more!\nTimestamps\n00:00:00 Trailer\n00:00:44 Intro\n00:01:00 Watches, luxury markets, and the AI parallel\n00:12:48 Opportunity is a luxury\n00:14:43 Founders as artists, not just operators\n00:18:26 Authenticity and cutting through market noise\n00:24:38 Betting on outliers as a life philosophy\n00:37:58 Storytelling as a founder superpower\n00:55:41 How Elad Gil helped launch Electric\n01:07:55 Why crypto was the wedge for Electric\n01:19:28 Why he prefers market corrections\n01:31:00 The firms Electric was modeled after\n01:36:21 Honesty as the core operating principle\n01:42:15 Over-committing resources to founders\n01:51:03 Dodging SBF and reading fake authenticity\n02:01:40 Outro\nFollow Avichal\nLinkedIn - https://www.linkedin.com/in/avichalgarg/\nX: https://x.com/avichal?lang=en\nFollow Luba\nInstagram: https://www.instagram.com/lifeoflubaa/ \nLinkedin:https://www.linkedin.com/in/yudasinal/\nX: https://x.com/LubaYudasina","thumbnail_url":"https://img.transistorcdn.com/YqzaHw3n0IkFjbaJ3P1-kJdgx8xK8KM9hpwhFomu37c/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8yNTdk/NDE1ZWFmMmZiMGJk/YWZmODg0ZDZmMDYy/M2Q1Mi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}