Expensify's David Barrett: "Venture capital is a scam”

The Sunday Times’ tech correspondent brings on David Barrett, founder of Expensify, to talk about creating a “remote-first” company (3:15), the lounge (6:45), the return-to-office movement (14:15), going public and then getting its shares smashed (17:15), why venture capital is a scam (23:30), why he likes public market investors (30:25), keeping people happy when shares lose 95% of their value (33:35), and the artificial intelligence boom (35:25).


PLUS: The link to our previous episode with Delian Asparouhov, founder of Varda, whose space-factory startup just had its first craft land safely back to earth.



Hosted on Acast. See acast.com/privacy for more information.

More from Danny In The Valley

  1. 41:47Rainmaker's Augustus Doricko: "Cloud seeding is a risk worth taking" Apr 26, 2024
  2. 31:01DoNotPay's Josh Browder: "We need laws to protect AI's"Apr 19, 2024
  3. 47:40Arbol's Sid Jha: "Insurance in the era of climate calamities" Apr 12, 2024
  4. 56:14Orchid's Noor Siddiqui: "Super-babies" Apr 05, 2024
  5. 43:55Replika’s Eugenia Kuyda: “Your AI soulmate”Mar 29, 2024
  6. 43:05Perplexity.ai’s Dmitry Shevelenko: “The battle for the front page of the Internet”Mar 22, 2024
  7. 44:01Eion's Ana Pavlovic Hans: “Rocks that clean up the planet” Mar 15, 2024
  8. 50:45Andreessen Horowitz's Chris Dixon: "Back to the future of the Internet" Mar 08, 2024
  9. 38:34Pachama's Diego Saez Gil: "Building software to save nature" Mar 01, 2024
  10. 44:40Expensify's David Barrett: "Venture capital is a scam”Feb 23, 2024