Venture capital stars shone at the Upfront Summit in Los Angeles this week. Upfront Summit is an invitation-only VC conference founded by Mark Suster and known for going all-out.
For example, I had something like this: Coco robot serving drinks and lots of pink. AI has become a hot topic Celebrities such as Lady Gaga, Cameron Diaz, Katy Perry and Novak Djokovic also graced the stage.
But one thing that may have been a little different this year is that it was a tough year for venture capital and startups seeking venture capital. Some media also criticized it.
Keith Rabois, managing director of Khosla Ventures, briefly addressed the rumors surrounding his departure from Founders Fund earlier this year. He spent much of this time on stage defending his move from San Francisco.
Lavoie wouldn't publicly call the people there “lazy,” but said he knows founders who are looking elsewhere for talent. That's because in San Francisco, similar to cultures in other cities such as New York, few people want to work 12 hours a day, six days a week, Lavoie explained.
he tweeted He then called a Wall Street Journal article about a technology leader who left the Bay Area and is now back “fake.”
John Lonsdale, general partner at 8VC, said everything from “taking business away” from companies like Raytheon to how Google's search is set up creates “crazy ideological trends that are not healthy for our country.” He talked about the “wake mind virus,'' which includes .
Other highlights
M13 Partner Anna Barber captured Melinda French Gates said on stage: “I believe venture capital is the engine of social progress in America.'' While Upfront Ventures tweeted French Gates said: “Look at social barriers and see if there's a way to remove them. Or look at social accelerators and find ways to make it faster.”
Journalist Andrew Nsukka I got caught Andreessen Horowitz's Chris Dixon says, “'Five companies essentially control the Internet today…' We fundamentally changed the Internet in the 2000s when we gave them control in exchange for richer experiences. 'He made a Faustian bargain.'
Karan Talati, CEO of First Resonance, said: tweeted This is his first time attending the summit, and he said, “There is no doubt that this year's emphasis on hard tech reflects a wave of exciting opportunities in manufacturing, aerospace and energy.”