No Rivals

Today’s podcast is a little different. Instead of a new interview, you’ll hear Part I of “No Rivals,” The Generalist’s definitive four-part deep dive into Founders Fund — Silicon Valley’s most controversial (and consistently top-performing) venture firm.—What’s inside Part I• How Peter Thiel and team set out to rewrite VC’s playbook• The contrarian philosophy behind their earliest bets• The people, power dynamics, and inflection points that shaped the firm—Want the full story?Parts II–IV (a 3h 15m extended cut packed with performance data and insider interviews) are available to Generalist Premium members. Join here → generalist.com/subscribe—As a Premium member, you’ll also unlock:• Case studies on Kleiner Perkins, USV, Tiger Global, and more• Exclusive interviews• Private startup databases• Tactical operator guides• And moreAll designed to give you an investing and operating edge.—Skip ahead(00:00) Intro(01:30) PART I: THE PROPHET(05:42) Pals(11:16) Spite Store (18:21) Clarium Calls(21:57) Gate-Crasher(28:55) Parker(40:22) Moonshots