Afleveringen

  • Our latest thoughts on AI! At Character Capital, most of our investments are in AI companies. How will recent advancements change how products are designed and startups are built? Our cofounder Eli Blee-Goldman returns to the podcast to share predictions and highlight the importance of human agency in an AGI future.


    Quick note: This episode was recorded right before DeepSeek R1 came out. We have thoughts, of course 🤓 We’ll record a follow-up soon!


    On episode 15 of Jake & JZ, we talked about:

    What stays the same in an AGI future?The importance of agencyThe capabilities gapDoing meaningful work with people you likeSurprising lessons from a Design Sprint with an AI bio startupWhat changes in an AGI future?How AI can close the gap between builders and customersAI ethics and sentienceAnd much more

    Have a question for us? Send it to [email protected] and we’ll answer it on the show.

    📩 Get an email about every episode at JakeAndJZ.com

    💸 Learn more about our seed fund at Character Capital

    🥸 Find Jake on LinkedIn and X

    🤠 Find JZ on LinkedIn, X, and Blue Sky

  • 10 years ago, we learned how caffeine really works, and it changed how we use, consume, and enjoy coffee. Tune in for a Jake & JZ deep dive on caffeine — from working with Blue Bottle, to our current coffee routines, to insights and tactics for making the most of this wonderful substance.

    On episode 14 of Jake & JZ, we talked about:

    How caffeine really worksLearning about caffeine from Ryan Brown at Blue Bottle CoffeeGoing deeper for Make TimeTwo surprising caffeine insightsTwo helpful coffee tacticsJZ’s favorite coffee maker: The OXO BrewJake’s espresso machine: The Breville BES870XLBoon Boona CoffeeA great book: Deskbound by Kelly Starrett (not about caffeine, still great)And much more

    Have a question for us? Send it to [email protected] and we’ll answer it on the show.

    📩 Get an email about every episode at JakeAndJZ.com

    💸 Learn more about our seed fund at Character Capital

    🥸 Find Jake on LinkedIn and X

    🤠 Find JZ on LinkedIn, X, and Blue Sky

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  • We wrote a new book!!! It’s called Click and it’s all about the Foundation Sprint, our new 2-day method for kicking off big projects!

    We are SUPER excited to share it with you all, and this week’s episode is a deep dive into the process of writing the book and how it fits into our investing strategy.

    Learn more about the book at theclickbook.com

    On episode 13 of Jake & JZ, we talked about:

    How to get early access to ClickThe history of the Foundation SprintBooks that inspired us: Psychology of Money, Power of Habit, Building a Storybrand, The Heath Brothers’ booksWhat we look for when we investWhy we had to share the Foundation Sprint

    Have a question for us? Send it to [email protected] and we’ll answer on the show.

    📩 Get an email about every episode at JakeAndJZ.com

    💸 Learn more about our seed fund at Character Capital

    🥸 Find Jake on LinkedIn and X

    🤠 Find JZ on LinkedIn, Blue Sky and X

  • ANNOUNCEMENT: We are hosting a live online event to introduce the Foundation Sprint!! Join us for an early look at our new sprint method and a cool surprise!


    On the podcast: Character Labs is BACK, so this week we’re sharing a What-Why-How-style deep dive on the program. If you want to hear our best ideas and tactics for starting new projects, OR if you’re just curious about Character Labs, be sure to check out this episode.


    On episode 12 of Jake & JZ, we also talked about:

    The most important moment for every new projectThat feeling when your product “clicks” with customers for the first timeLenny’s newsletter on How to know if you've got product-market fitThe Founding Hypothesis (every project has one; do you know yours?)Getting just one customerHow AI has changed prototyping in Character LabsAnd much more

    Here’s that registration link for the event next week.


    Have a question for us? Send it to [email protected] and we’ll answer on the show.

    📩 Get an email about every episode at JakeAndJZ.com

    💸 Learn more about our seed fund at Character Capital

    🥸 Find Jake on LinkedIn and X

    🤠 Find JZ on LinkedIn and X

  • We discuss three essential books that help us break through uncertainty and focus on the most important work. If you want to get better at designing products and building companies, we think you should read:

    Getting Real by 37signals, for how to get real about what mattersGood Strategy Bad Strategy by Richard Rumelt, for how to give your business an unfair advantageDeep Work by Cal Newport, for staying focused and actually doing the work

    On episode 11 of Jake & JZ, we also talked about:

    Why your business needs an enemyInsights from the “survival days” of successful companies (like the Startup Wayback Machine)Crafting strategy based on your unique advantagesWhy strategy is a hypothesisHow to summarize an entire book in 25 wordsMore lessons from journalismBad graphic design

    Have a question for us? Send it to [email protected] and we’ll answer it on the show.

    📩 Get an email about every episode at JakeAndJZ.com

    💸 Learn more about our seed fund at Character Capital

    🥸 Find Jake on LinkedIn and X

    🤠 Find JZ on LinkedIn, Bluesky, and X

  • Jake gets a bit vulnerable and talks about Perfection Anxiety, which he’s struggled with since childhood. If you ever feel stuck, or worry your work won’t be good enough, be sure to check out this episode — we share a BUNCH of concrete tactics for overcoming Perfection Anxiety and getting started.

    On episode 10 of Jake & JZ, we also talked about:

    How to run two sprints in one weekWinter in the Pacific NorthwestWhy discipline doesn’t workWorking at newspapersA great podcast episode: Starbucks on AcquiredA great newsletter: Spyglass by M.G. Siegler

    Have a question for us? Send it to [email protected] and we’ll answer it on the show.

    📩 Get an email about every episode at JakeAndJZ.com

    💸 Learn more about our seed fund at Character Capital

    🥸 Find Jake on LinkedIn and X

    🤠 Find JZ on LinkedIn, Bluesky, and X

  • This episode is about our SINGLE BEST technique for avoiding distraction every day. In part two of our mini series on Make Time, Jake describes the Distraction-Free iPhone — which he started doing 10 years ago!! If you’re looking for a simple, powerful way to block distraction (ESPECIALLY after episode 8’s discussion of the Highlight Method), be sure to tune in.

    On episode 9 of Jake & JZ, we also talked about:

    Lord Nelson and the importance of proper provisioningAttention ResidueWhy Jake deleted all the distracting apps from his phone (and what’s left)JZ’s experience with a Distraction-Free Phone (and what’s NOT on his phone today)Why LinkedIn is an adult websiteTreating colleagues as friendsA great app: How We FeelA great Netflix series: Starting 5

    Have a question for us? Send it to [email protected] and we’ll answer it on the show.

    📩 Get an email about every episode at JakeAndJZ.com

    💸 Learn more about our seed fund at Character Capital

    🥸 Find Jake on LinkedIn and X

    🤠 Find JZ on LinkedIn, Bluesky, and X

  • How do you make time for what matters? In this episode, we share a simple habit called The Highlight Method, inspired by the Design Sprint, that we both use to focus our efforts on the most important activities every day. Have a question for us? Send it to [email protected].


    This week on episode 8 of Jake & JZ, we talked about:

    When it makes sense to use LLMs for writingBeing secret late adoptersThe big ideas behind our book Make TimeThe danger of defaults in our everyday livesHow the daily Highlight worksStrategies for choosing the right Highlight

    📩 Get an email about every episode at JakeAndJZ.com

    💸 Learn more about our seed fund at Character Capital

    🥸 Find Jake on LinkedIn and X

    🤠 Find JZ on LinkedIn, Bluesky, and X

  • This might be our most tactical episode ever. If you’re starting something new, check it out! Not to brag, but it’s FULL of proven tactics for making big decisions about new projects.

    This week we also answered our very first audience question. Thanks 1sam1216! Have a question for us? Send it to [email protected].


    On episode 7 of Jake & JZ, we talked about:

    Our Name Sprint process for naming your company or productA full walkthrough of our Name Sprint for Character CapitalWhy we chose “Character” even though it wasn’t a perfect match for our brand attributesHow to use Design Sprints to test risky non-consensus ideasThe importance of moving from abstract to concrete as quickly as possibleFinding conviction, not consensusAnna Karenina by Leo TolstoyAnnihilation by Jeff VanderMeerNPR Tiny Desk ConcertsAnd much more

    📩 Get an email about every episode at JakeAndJZ.com

    💸 Learn more about our seed fund Character Capital

    🥸 Find Jake on LinkedIn and X

    🤠 Find JZ on LinkedIn and X


    Chapters

    0:00 Jake finally reads Anna Karenina

    8:10 We visited Google again and gave a talk at YouTube!

    11:00 Presenting the Foundation Sprint for the first time

    14:00 Helping a founder build something new from day 0 in healthcare

    18:05 Should he go direct to patients?

    19:30 Design Sprints give you a chance to try something risky and non-consensus

    20:35 A lot people told us not to write a book, so we prototyped it

    22:10 Prototypes aren’t just for customers; they give founders a chance to see their idea live!

    24:30 Our first audience questions!

    25:20 Audience question: Do you have a method for naming companies?

    26:05 History of the Name Sprint from Google Ventures

    28:50 Walkthrough of our Name Sprint for Character Capital

    29:45 Step 1: Note-and-Vote on themes of potential names

    34:30 Step 2: Note-and-Vote on actual names (as many as possible)

    36:40 Jake did not vote for Character

    37:45 Step 3: Multiple rounds of voting to narrow down the set of names

    38:35 Step 4: Plotting names on 2x2 charts to evaluate brand fit

    39:20 We chose Character even though it didn’t fit our abstract brand values

    41:05 Step 5: Vetting final names with the pub test (aka the shaky cell signal test)

    42:30 Step 6: Final checks (web test, domain, trademark)

    44:30 Empty vessel names

    47:00 Collecting aspirational domain names (including jakeandjz.com!)

    49:55 JZ’s Wisconsin accent

    50:30 Lantern Ventures: a free brand for any VCs who love camping

    51:30 We chose Character Capital because we had conviction, not consensus

    52:45 A special thank you to Laura Melahn

    53:30 Jake recommends Annihilation by Jeff VanderMeer (the book, not the movie)

    56:00 JZ recommends NPR’s Tiny Desk Concerts

    57:15 NPR Tiny Desk is the new MTV Unplugged

  • A special chance to meet Eli, the third founder of Character, and learn about the inner workings of venture capital. This week on episode 6 of Jake & JZ we talked about:

    How Jake got to ride in the very first Waymo (when it was just a prototype on the Google campus)Jake’s rollercoaster of emotion meeting EliEli’s winding path to VC (it led through Botswana!), his famously good intuition, and “Eli-isms”Phaidra: Why we invested, how we work with the team, and the real value of a startup board memberWhy we use blinded scorecards to make investment decisionsJake’s annotated copy of the viral MrBeast production memo (download it here!)The importance of starting at the endAnd much more

    📩 Get an email about every episode at JakeAndJZ.com

    💸 Learn more about our seed fund Character Capital

    🥸 Find Jake on LinkedIn and X

    🤠 Find JZ on LinkedIn and X


    Chapters

    0:00 Jake got to ride in the very first Waymo

    3:35 Jake & JZ’s impressions of Waymo in San Francisco

    7:55 Welcoming our cofounder Eli Blee-Goldman to the show!

    8:15 Jake’s rollercoaster of emotion meeting Eli

    10:35 Eli’s winding path to VC (it led through Botswana!)

    13:35 How Eli developed his famously good intuition

    15:40 How Eli got his first job in VC

    20:20 Showing up and putting in the work

    21:50 A fine Eli-ism: The Conviction Punch!

    26:05 The mismatch between founders and VCs

    30:40 Why Eli got excited about Phaidra

    34:00 Wait, what does Phaidra do, anyway?

    36:15 Why we use blinded scorecards to make investment decisions

    39:30 How Design Sprints make startups more capital efficient

    42:15 The role of board members at an early-stage startup

    47:40 Why Eli decided to start Character Capital

    50:25 The viral MrBeast production memo

    52:05 “This is like Sun Tzu, it’s like the Art of War”

    52:45 Jake walks through his annotated version of the MrBeast memo

    57:05 Start at the end: Choosing the title and thumbnail BEFORE making the video

    59:55 Seth Godin: “Marketing is how we create the conditions for people to find what they are looking for”

    1:00:50 MrBeast and Lightning Demos

    1:03:00 Clickbait headlines and the feeling of success

  • This week on episode 5, we talked about:

    The music you listened to between ages 12 and 20 (and how it’s the best, no matter how old you are)Revisiting the music video for Cannonball by The BreedersSpeaking at a Stanford BioDesign class led by the founder of Cala Health (we ran a sprint with them in 2016!)Lightning Demos, a quick way to gather inspiration for new solutions and a key part of every Design SprintThe amazing cover of Made to Stick by Chip & Dan Heath (and why Jake had a copy within reach!)A study showing how outside inspiration leads to better ideasThe three reasons Lightning Demos work so wellLightning Demo Demos — we do live Lightning Demos of three websitesShiny Object SyndromePlaydate’s hardworking headlineAligning your “why” with your customer’s “why”A great podcast episode: Seth Godin on Animal SpiritsAnd much more

    📩 Get an email about every episode at JakeAndJZ.com

    💸 Learn more about our seed fund Character Capital

    🥸 Find Jake on LinkedIn and X

    🤠 Find JZ on LinkedIn and X


    Chapters
    00:00 Musical nostalgia
    03:40 Technology and pop culture
    06:08 Speaking at Stanford BioDesign
    08:15 Lightning Demos
    14:00 Outside inspiration leads to better ideas
    17:35 How we used Lightning Demos with Cala Health
    21:35 Lightning Demo Demos
    23:04 Lightning Demo: Oura Ring
    27:47 Lightning Demo: Fathom
    32:35 Making a palette of Lightning Demos
    35:33 Lightning Demo: Playdate
    43:55 Review of today's Lightning Demos
    45:12 The viral Mr Beast production memo
    47:27 Seth Godin on the Animal Spirits podcast

  • This week on episode 4, we talked about:

    Jake's train stationA disappointing dialog at the end of Diablo 3What’s so incredibly great about hoodiesTeddy Ruxpin, the original edtech product for kidsCuriosity Labs, a Character portfolio company building educational AI companions for kidsThe founding story of YouTube KidsGetting new product ideas from real-world customer behaviorTwo different ways to pitch the same companyShould founders follow “best practices” when pitching investors or try to stand out?Fathom’s Series AHow we found Fathom (and then decided to invest)Authenticity in salesWhy we go out of our way to pitch ourselves to foundersOur Design Sprint with FathomAlmond butter in oatmealA great book: Against the GodsAnd much more

    📩 Get an email about every episode at JakeAndJZ.com

    💸 Learn more about our seed fund Character Capital

    🥸 Find Jake on LinkedIn and X

    🤠 Find JZ on LinkedIn and X


    Chapters

    00:00 A diabolical dialog box
    03:54 The importance of throughline
    05:45 Where is Jake's sweatshirt?!
    07:39 How sweatshirts work
    09:13 Teddy Ruxpin
    11:24 Building the pitch for Curiosity Labs
    17:04 How a side project became YouTube Kids
    22:49 A better way to pitch VCs
    33:56 How Fathom got to Series A
    40:30 How VCs do outbound sales
    45:48 How authenticity shows up in products
    53:21 Good beans
    57:14 An extended self-congratulatory ad for Character and Design Sprints

  • This week on episode 3 of Jake & JZ, we talked about:

    The Seinfeld Moviefone episode (”Why don’t you just tell me what the product does?”)The Startup Wayback Machine (continued!), our technique for learning from successful companies in their early daysWebsites through the years, including Uber in 2011, iPhone in 2007, Slack in 2014–2017Solving one problem well before you try to solve a bunch of problemsA great LinkedIn post from Kushal Byatnal (founder of Character portfolio company Extend) about selling your product before you build itA fun tabletop analog game called KLASK (check out this epic game on YouTube)A great movie: The Eagle HuntressAnd much more

    📩 Get an email about every episode at JakeAndJZ.com

    💸 Learn more about our seed fund Character Capital

    🥸 Find Jake on LinkedIn and X

    🤠 Find JZ on LinkedIn and X


    Chapters

    00:00 Seinfeld and "Moviefone"
    05:13 The Wayback Machine
    09:09 Wayback: Uber
    18:01 Wayback: iPhone
    25:42 Wayback: Slack

  • This week on Jake & JZ, we talked about:

    What Why How, our simple framework for great marketingHow successful companies apply this framework… or don’t! We compared Oura, Fathom, Playdate, Fletch, Meta Quest, and Apple Vision ProHow Nintendo redefined not just themselves, but the entire video game marketWhy founders should start with the story and differentiation, not the productThe Startup Wayback MachineA great book: Pattern Breakers by Mike Maples JrA great article: The Idea Maze is a Useless Idea by Cedric ChinTaking action to generate information

    However, we did NOT talk about the election 😉

    📩 Get an email about every episode at JakeAndJZ.com

    💸 Learn more about our seed fund Character Capital

    🥸 Find Jake on LinkedIn and X

    🤠 Find JZ on LinkedIn and X


    Chapters
    00:00 Nintendo zags when the world zigs
    04:49 Character Labs
    05:34 What-Why-How Framework
    09:18 The Importance of a Clear Story
    12:28 Examples of the 'What, Why, How' Framework in Action
    21:39 Crafting Clear and Compelling Messaging
    23:47 More What-Why-How Examples
    33:32 Apple Vision Pro vs Meta VR: Marketing
    43:47 Lessons from 'Pattern Breakers'
    50:47 Challenging the Idea Maze

  • This week on Jake & JZ, we talked about:

    Advantages of remote vs IRL work for startup teamsCharacter Labs, our sprint program for pre-seed foundersWhy some founders feel anxious when they aren’t writing codeOur first exit of a Character portfolio company (Reclaim was acquired by Dropbox)The ongoing quest for a distraction-free phone (Jake ordered the Lightphone III)The story of Nintendo on the Acquired podcastBit Timer, a nice timer for iPhoneAnd much more

    📩 Get an email about every episode at JakeAndJZ.com

    💸 Learn more about our seed fund Character Capital

    🥸 Find Jake on LinkedIn and X

    🤠 Find JZ on LinkedIn and X


    Chapters
    00:00 Jake’s Sketchy Business Expense
    06:39 Introducing This Podcast
    08:10 Character Labs
    10:24 Even More About Character Labs
    22:11 The First GPU? Maybe?
    23:17 In-Person is Special
    25:38 Geographic Memory
    36:25 Dropbox Buys Reclaim
    40:18 How We Invested In Reclaim
    42:11 That One Really Long Taylor Swift Song
    42:35 Reclaim’s Multiplayer Sprint
    43:35 Sort of a Magic Recipe
    44:06 JZ Needs a Decent Timer App
    49:46 $17 Per Week?!
    51:56 Jake Talks About Nintendo For A Long Time