Ben Gilbert and David Rosenthal
ACQ2 by Acquired
ACQ2 is Ben and David's conversations with experts on topics related to Acquired. Acquired the stories of great companies — and ACQ2 dives deeper into the lessons we can learn from them, often with the protagonists themselves.
Author
Ben Gilbert and David Rosenthal
Category
Podcast website
Latest episode
Dec 8, 2025
Where to listen?
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Episodes
VC Term Sheets 09.04.2019 1:05:42
Ben & David take their turn at the "power ballad" of VC blogging/podcasting, explaining how venture term sheets work. From valuation to pro rata rights to founder vesting, we leave no stone unturned in this episode. If you're a founder, work at a startup, or are considering doing one of those someday, this episode is for you! Sponsors: Sierra: https://bit.ly/acquiredsierra Be sure to follow...
Reinventing Upfront and building LA (with Upfront partner Kevin Zhang) 28.03.2019 1:04:08
We’re joined by Upfront Ventures partner Kevin Zhang to discuss the evolution of both Upfront as a venture firm and the LA tech ecosystem more broadly. We cover the journey from Upfront’s founding as “Global Retail Partners” in 1996 to its place today as the premier and largest tech investor in Southern California. We talk about rebranding the firm and choosing Upfront as a name, launching the Upf...
The Art of SaaS Investing (with Jake Saper, Partner at Emergence Capital) 05.03.2019 1:22:05
“80% of the worlds workforce doesn’t sit at a desk, and 95% of the world’s software is built for people who sit at a desk. Once people build software for the other 80%, the size of the addressable market that could be created could dwarf what we currently have, which is pretty humbling to think about.” Jake Saper, Emergence Capital (@jakesaper) We dive deep into the nitty gritty details of SaaS...
Beyond Instagram with Emily White 26.02.2019 29:12
We continue the conversation with Emily White, covering topics including her career path, what it was like working with Sheryl Sandberg for so many years, her time at Snap, her experience serving on public company boards, and how she operates as an investor now at Anthos Capital. Sponsors: Sierra: https://bit.ly/acquiredsierra
Why aren't energy startups funded like software? (with Doug Rand) 11.02.2019 1:04:11
As promised in our holiday special, we dive into the past, present and future of clean energy funding, with the absolutely perfect guest: the former Obama administration Assistant Director for Entrepreneurship at the White House Office of Science and Technology Policy, Doug Rand. This episode was totally eye-opening for us, and we hope inspires many of you to think about energy and climate through...
Investment Theses 28.01.2019 41:01
Ben and David talk about some of their current investment theses at PSL and Wave, as well as how VCs think about themes and theses in general. Sponsors: Sierra: https://bit.ly/acquiredsierra Links: Greg McAdoo “Wave” talk at Startup School 2008 https://youtu.be/fZ5F2KhMLiE The Myth of the Job Hopping Millenial https://www.vox.com/the-big-idea/2018/7/11/17559484/gig-economy-jobs-rooted-rootless-mo...
How VC Firms Really Work 14.01.2019 1:11:28
Ever wondered what's really going on during the Monday Meetings of your friendly neighborhood VC firm? Ben and David take you behind the scenes to discuss structure (especially how the management company works), staffing, LPs, and most importantly decision-making and motivations for VC firms and their partners. Whichever side of the table you're on, we hope you find this episode useful! Sponsors:...
2018 Holiday Special 21.12.2018 1:32:26
Ben and David continue the Acquired holiday tradition. Happy holidays to everyone! Note: we apologize for David’s sound quality... we’re still working out the kinks on our mobile recording setup. Sponsors: Sierra: https://bit.ly/acquiredsierra Extended carve-out links: Books: David: Broken Earth trilogy https://www.amazon.com/gp/bookseries/B01947LZ8A Ben: eBoys https://www.amazon.com/dp/B000...
The Art of Pitching 02.12.2018 57:15
Ben and David discuss “the art of the pitch” through the lens of fundraising for seed-stage companies, but the takeaways are also (hopefully) applicable far beyond! Sponsors: Sierra: https://bit.ly/acquiredsierra Links: Sequoia pitch deck template: https://www.sequoiacap.com/article/writing-a-business-plan/# Don Valentine talk at GSB: https://www.youtube.com/watch?v=nKN-abRJMEw Jim Goetz talk a...
Growing Airbnb (with Dan Hill, CEO of Alma and former Head of Growth at Airbnb) 19.11.2018 52:37
Ben and David are back for episode #3, with special guest Dan Hill . Dan discusses: - How his startup, Crashpadder, got acquired by Airbnb - Why Airbnb succeeded, and why marketplace businesses in the US have an advantage in early growth - How they decided on growth metrics at Airbnb - How his new company, Alma , is making charitable giving simple Sponsors: Sierra: https://bit.ly/acquiredsierra
Product-market fit 05.11.2018 1:01:20
Ben and David are back for episode #2, diving into the most elusive early-stage investing and company-building topics: product-market fit. Sponsors: Sierra: https://bit.ly/acquiredsierra
VC Vocab 21.10.2018 48:55
Kicking off ACQ2 (formerly known as the LP Show) and diving into some jargon-y VC vocab. Sponsors: Sierra: https://bit.ly/acquiredsierra
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