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

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.