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Episode 2087: Alex Dang and Ilya Strebulaev on How to Think Like a Venture Capitalist

The Venture Mindset: How to make smarter bets and achieve extraordinary growth
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Venture capitalists aren’t everyone’s cup of tea. For leftists, they are Trump supporting vultures, feasting on the rotting carcass of neo-liberalism. But for Alex Dang and Ilya Strebulaev, co-authors of THE VENTURE MINDSET, the top venture capitalists offer a lesson to all of us in how to make smarter bets and achieve extraordinary growth in both our businesses and our lives. Dang and Strebulaev who - surprise, surprise, both teach at Stanford - may have a point. There’s nothing cuddly about VCs, but if you want to survive in our entrepreneurial age, it might be smart to mimic the venture mindset.


Alex Dang is a technology executive and digital strategy advisor with two decades of experience at companies like McKinsey, EY, and Amazon. As a Partner at McKinsey, he helped clients to design and build new digital businesses and develop innovation capabilities. As Amazon product leader he launched numerous new services and solutions for millions of customers across ecommerce, supply chain, and AI. He graduated from the Stanford Graduate School of Business.

Ilya Strebulaev is the foremost academic expert on venture capital. As the founder of the Venture Capital Initiative and a Professor of Private Equity and Finance at Stanford University’s Graduate School of Business, where he teaches a popular class on venture capital, his research has been widely published in leading academic journals and featured in the Wall Street Journal, the New York Times, Bloomberg and the Harvard Business Review. He frequently leads workshops and executive sessions for senior business and government leaders around the world and has consulted for companies and investors on the venture industry trends and corporate innovation. In 2023 he was named a Top Voice on LinkedIn.


Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running How To Fix Democracy show. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children.

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Keen On
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Nobody asks sharper or more impertinent questions than Andrew Keen. In KEEN ON, Andrew cross-examines the world’s smartest people on politics, economics, history, the environment, and tech. If you want to make sense of our complex world, check out the daily questions and the answers on KEEN ON.
Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best-known technology and politics broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running show How To Fix Democracy and the author of four critically acclaimed books about the future, including the international bestselling CULT OF THE AMATEUR.
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