Jack Altman

and Miles Grimshaw. Jack is the co-founder and CEO at Lattice

3 podcast appearances · 4 clips

Every podcast appearance by Jack Altman

Top clips

Venture Unlocked · Jack Altman

Most VCs think they can spot greatness but they're probably delusional

Jack Altman questions whether VCs really have superior ability to identify great founders. While acknowledging that some people genuinely have better taste for spotting talent, he argues that most investors overestimate their own abilities - similar to how most people think they're above-average drivers.

25:28 - 25:5528s

investor-psychology talent-evaluation cognitive-bias

Venture Unlocked · Jack Altman

personal lesson

How do you know if you're actually good at picking startups?

Jack Altman reflects on his early venture investing track record and whether he can assess his own judgment by comparing deals he backed versus ones he passed on. The discussion explores the challenge of measuring investment decision-making skills when you're transitioning from founder to investor.

27:41 - 27:5918s

investment-judgment deal-evaluation venture-performance

Venture Unlocked · Jack Altman

contrarian take

Most VCs won't give harsh feedback - here's why that's broken

Jack Altman argues that VCs avoid giving direct, harsh feedback to founders because it's easier to be a cheerleader and there are few incentives for brutal honesty. He emphasizes that building high-trust relationships between founders and board members is crucial to creating a safe space for difficult but necessary feedback.

10:37 - 11:0629s

board-dynamics founder-feedback vc-relationships

Venture Unlocked · Jack Altman

personal lesson

From unicorn founder to VC: Why the day-to-day is still unclear

Jack Altman reflects on the stark contrast between running a startup and being a VC, admitting he's still figuring out what makes a good day or week as a venture investor. He discusses the uncertainty around structuring VC work compared to the clearer operational demands of building a company like Lattice.

4:41 - 5:0625s

career-transition vc-operations founder-to-investor

Episodes

Venture Unlocked

Jack Altman on the transition going from building a Unicorn with Lattice to starting a venture firm

Jack AltmanJul 30, 202545 min

Jack Altman, Managing Partner at Alt Capital, discusses his transition from CEO of unicorn startup Lattice to venture capital. The conversation explores the challenges of evaluating founders, the importance of giving direct feedback to entrepreneurs, and figuring out what success looks like as a VC versus an operator.

SaaStr

SaaStr 690: From $5M to $100M: How to Scale a Multi-Product Startup with Lattice CEO Jack Altman

Jack AltmanOct 2, 202325 min

Invest Like the Best

Jack Altman & Miles Grimshaw - Building and Investing in Lattice - [Invest Like the Best, EP.345]

Jack AltmanSep 26, 20231h 19min