20VC: How To Do a 10x Seed Fund in 2025 | Three Frameworks to Evaluate Startups an Founders | Lessons from Losing Billions Missing Airbnb and Pinterest & Investing Lessons from Charlie Munger with Mike Maples @ Floodgate
In this podcast, Mike Maples, an experienced seed investor, shares his strategies and insights on early-stage venture capital. He explains his approach to fund size and follow-on investments, emphasizing the importance of accountability and collaboration with top-tier firms. Maples stresses the necessity of spotting investments with "100x" potential and highlights the value of careful deal selection, even in efficient markets. He advocates for a patient, offense-driven strategy, suggesting that focusing on a few impactful investments is more beneficial than spreading resources thin across many smaller ones. Listeners will pick up practical tips for assessing seed investments, such as concentrating on founders' insights, identifying market inflection points, and understanding a founder's long-term vision, along with strategic advice for maximizing returns when selling early-stage investments.
