E387 | Mike Reiner (432 Legacy), Fred Destin (Stride) & Rupda: Founder-VC dynamics & deep personal work impact on our relationships

11 Dec 2024 · 1 h 21 min

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EUVC Podcast Episode Summary: E387 | Mike Reiner, Fred Destin & Rupda

Episode Overview In this episode of the EUVC podcast, co-hosts Andreas Munk Holm and David Cruz e Silva engage with three guests – Mike Reiner, General Partner at 432 Legacy; Fred Destin from Stride; and Rupda, a coach specializing in deep work retreats. The conversation delves into the significance of inner work in venture capital, focusing on how it can enhance founder-investor relationships, mitigate burnout, and promote personal growth.

Key Themes

  • Founder-VC Dynamics: The conversation highlights the importance of understanding emotional and psychological factors that influence relationships within the VC ecosystem.
  • Inner Work & Personal Growth: The episode emphasizes the role of self-development in achieving professional success, reducing stress, and fostering healthier interactions.
  • Coaching and Retreats: The guests discuss how structured retreats and coaching can enhance personal and professional resilience.

Chapter Breakdown 02:53 - Meet the Guests

  • Introduction of Mike Reiner, Fred Destin, and Rupda.

03:58 - Mike Reiner on 432 Legacy and Deep Work

  • Mike explains how 432 Legacy integrates self-development into its investment strategy, emphasizing the importance of coaching for founders.

04:36 - Fred Destin on VC-Founder Relationships

  • Fred discusses the broken nature of VC-founder relationships, stressing the need for trust and effective communication.

07:46 - Rupda's Unique Journey and Spiritual Background

  • Rupda shares her unconventional background in a spiritual community and how it informs her coaching work.

12:06 - The Importance of Inner Work for Founders

  • Discussion on the necessity of addressing personal issues to foster a healthier work environment.

15:37 - Balancing High Achievement and Personal Growth

  • Insights on how to balance personal development with the demands of high-stakes environments.

16:43 - The Role of Trauma and Obsession in Success

  • Exploring how personal trauma can fuel drive, yet also hinder overall well-being.

24:24 - The Benefits of Deep Work for Leaders

  • The transformative effects of dedicated deep work on leadership and decision-making.

34:29 - Fred's Personal Journey and Reflections

  • Fred shares his reflections on navigating personal and professional challenges.

40:56 - Finding Inner Motivation

  • Discussion on how deep self-awareness can lead to authentic motivation.

41:30 - Questioning Life's Path

  • The importance of self-reflection in maintaining personal and professional alignment.

43:17 - The Power of Connection

  • Emphasizing the significance of mutual support and connection within teams.

44:41 - Men and Vulnerability

  • Addressing the unique challenges men face regarding vulnerability in professional settings.

46:20 - The Collective Experience

  • The power of shared experiences in facilitating personal growth.

49:40 - Coaching vs. Mentoring

  • Distinctions between coaching and mentoring, and the unique value each brings to founder development.

56:03 - The Essence of Presence

  • The importance of being fully present in interactions for effective leadership.

57:46 - The Importance of the Body

  • Discussing how bodily awareness contributes to emotional intelligence and leadership effectiveness.

01:07:07 - The Power of Retreats

  • The transformative impact of retreat settings on personal and professional development.

01:18:41 - Upcoming Retreat Details

  • Announcement of the next retreat scheduled for April 1st-6th in Italy.

Key Takeaways

  • Integration of Inner Work: Integrating personal development and coaching into VC practices can dramatically improve relationships and performance.
  • Trust Building: Establishing trust between founders and VCs is critical for fostering a healthy investment ecosystem.
  • Collective Healing: Retreats offer a unique environment for personal exploration, fostering connections that can lead to profound transformations.
  • Holistic Leadership: Effective leadership requires attention to both personal well-being and team dynamics, necessitating a balance between achievement and emotional intelligence.

Conclusion This episode of EUVC illuminates the crucial intersection of personal growth and professional success within the venture capital landscape. The insights from Mike Reiner, Fred Destin, and Rupda underscore the transformative potential of inner work and collective experiences in fostering stronger, healthier relationships in the VC ecosystem.

For more information and to stay updated on the latest in European VC, visit [eu.vc](http://eu.vc).

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Transcript

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0:28Welcome back everyone to the European Easy Podcast. to connect with others and really just further our industry, further our ecosystem and our ability to connect with each other and be grounded in ourselves and thus also show up as board members, as VCs, as partners, as friends, as spouses. So yes, this is one hell of an episode. It's a long one, but if you care about this work, the words that Fred, Mike, and Rupda have to share with you are just absolutely incredible. On top of it, I just want to say we're doing a trip and the next one is in April, April 1st to 6th. And we're doing it in Italy this time.

1:06And it's going to be just as amazing as the last time. And we're going to talk a bunch about that in this episode as well. So, yes, please do reach out if you care about this work and want to be involved. I'd love to talk to you and connect you with the right people. Here's a few words from our beloved sponsor. This episode comes to you by the support of our partners. Portfolio IQ by Synaptic. Portfolio IQ is the most effective way to track your portfolio. It pulls data from all sources, board decks, financials, MIS sheets, forms, emails, everything, and creates a true single source of truth for your portfolio data.

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2:33Tear down this wall. It's more than just an ally. This is a union of values. Let's start acting. This show is not investment advice and the hosts of this episode may be invested in the funds and companies featured. All right. So now we are in for an episode that's a bit special because I've brought with me three very dear friends, Mike Reiner from 432 Legacy, Fred from Stride and Ropda, who is our deep dive coach and guide on many of the retreats we're doing with this or specifically to help founders and VCs get deeper into the world of deep work. And this episode is going to be fully dedicated to that.

3:23But before we go there, and we're doing another one in April, and we will have many more to come. But before we go there, I just want to make sure that everyone knows who we're talking to, the context from which we talk. Mike, we just did a full episode with you and your partner Joachim on this work and how you've put it front and center for 432 Legacy. For that reason, I won't ask you to talk too much, but I would like you to just say a little bit about why you're in this call, why you're dedicated to this work and how it relates to the fund. Yeah. Yeah. So as mentioned, we did the last episode, so I won't talk too much about the fund.

4:03I mean, we do seed stage investments and we're enabling tech and self-development is a key part to what we do with the fund. So we're offering coaches to all our founders we invest in, but also now together with you guys to bring the work to the wider ecosystem. Why we feel that's so important is because there's so much in the head, so much here. And it's really important we feel to bring more this to the body, to the heart, to be more stress resilient and to help founders with their personal journey and not just their business journey. That's a big nutshell. Beautiful. Now, Fred, you are an OG.

4:41I just said to you because you were mindful how to intro this so that it's actually interesting for people to hear. And I said, don't worry, Fred. Everyone, every time I mention you ask, so what's Fred up to? What is his next step? And for that reason, I said, don't worry at all. Everyone will want to hear what you have to say. But Fred, tell me, why are you involved in this work? Why are you doing it? And what's the next update on Stride and iteration of Fred Destin? Thank you. That's a lot of questions wrapped up. First of all, work-wise, because of the nature of how we work, which is very artisan and very in the weeds with our founders, that continues to be the bulk of what I do.

5:28So I spend five hours locked in a room with Callum at Kashmir, thinking through positioning, strategy, what we do with the company. And that's what I continue to do. And it's my craft. So that's what gives me the most joy. I've been very interested in the topic of how we fix the broken sort of VC-founder relationship, which when you talk to founders is deeply broken. It is a question of trust at the heart of it. And trust comes in part from presence. And so when you think about doing the work, as we call it, the work, it's all related to whether you can generate quality relationships based in trust and truth and quality conversation.

6:10So I'm really deep diving a little bit into what are teachable skills that we could bring to board members so they can be better board members and we can start having these founder VC relationships be better. and I've recently shared a survey from Chris Morton, ex-List, who's trying to get some scaled up data around this issue. I think it's a very important problem for our industry and actually something where we can have impact. And the more people understand how to interact with each other, which is listen, be in full presence, be cognizant of the emotional state of the person in front of us, mind our own emotional baggage as we're going through a difficult conversation, we're actually building better investors, better board members, better leaders.

6:57And we are always talking about presence. So kind of everything comes back to the same point, which is where this deep work, if you like, joins up with everything in your life, whether it's your work relationship, your relationship with your spouse, with your kids, or with yourself, importantly, all this is part of a package. And on the personal side, I'm deep into Integral and Ken Wilber. and kind of deepening my knowledge of integral theory, which I won't go into now, but so there's sort of three primary strands. But you know, the heart of it today is still stride and the work at stride. And in terms of whether and when I raise the next fund, I'm happily staying in the discomfort of not knowing for a while.

7:43And I'm kind of okay with that. Now, Rubda, let's go to you. I want you, you're the only one on this call that no one who has tuned into the European VC podcast before have heard from. So I want you to tell us a bit about yourself, your journey, and I think very importantly, how you relate to tech and venture, because you do have a very unique blend of experiences. There's not a lot, I think, that come with this mix of experiences. But I think everyone, when they hear it, will see, ah, okay, so that's why these guys have picked Rooft as one of the coaches that we're using a lot to help better the industry.

8:23You're right. My background is not conventional by any means. And I have come into this work really partly to do with meeting people like yourself and Mike and Fred. In relation to how I came into this work, it was very organic because of my upbringing. And I was raised in a spiritual community that I don't really want to go too deep into, to be honest. But I can say that, you know, because I was born in the 60s, it was really a time of revolutionary thinking and philosophy and psychology. Everything was starting to open up in that. And my mother's generation was looking at the conventional kind of mainstream therapy.

9:09And then she was seeing that lots of other things were starting to take place in the 60s and 70s. and she decided to enter into that world. And it started with Tibetan Buddhism in the mid-70s was where it started for me. You know, it was a perfect storm because at that point I was seven in the mid-70s and I had just gone through seven years of shock and trauma, which, you know, is a really, in a way, big impetus to do this kind of work, you know, when you have so much shock and trauma in your life. because the contrast was so strong being in that, you know, Tibetan monastery that it really made it very clear to me that my spiritual path, so to speak, began at that moment.

9:57So from the mid-70s until present day, it's been a world that I've dedicated myself to, which is a little bit like both Mike and Fred have indicated, that deeper inner work, to know thyself and what is it that separates me from believing that I'm worthy of love or good enough and what is the story that I tell myself and how identified I am with it and the conditioning in the upbringings. And because of that, I was raised in that environment of meditation and retreat work that I got to work in the realm of so many people. And today, of course, I work with thousands of people in helping and supporting them to to come closer to themselves and not to orientate outward in you know adjusting who they are and believing that that is their truth but to recognize it in themselves and it's an ongoing journey for myself to the being human you know so i can't imagine a life without this kind of work you know and and i have to say i my i speak very candid in saying that until I met Mike and then he brought me into the kind of meeting you guys and to do this adventure that we did in Austria together with VCs and founders I didn't really see the the bridge as strong as Mike was saying let's do this you know and then of course I got to meet Fred and then I got to meet you Andres and it was a big heart opening for I can speak about myself yeah for me i got a another layer of just aha wow you know it was just such a big yes that the potential and the possibility of these people wanting this work they don't just want to have a big sum of money in the bank only yeah because you know there's more to just having a big sum in the bank you know so it was good for me from my background and upbringing to see how much people want this.

12:06Maybe Mike and Fred, you can talk a bit to this because you work closer with founders and your co-investors and friends in the industry all the time. And I always kind of describe venture as the hippies of the finance industry, which means that we probably over-index an interest in this type of field, but also where the big wad of cash is maybe a bit less what drives all of us, or at least it's that together with having an impact on the world. I'd love to ask you kind of why do you see, because clearly the spiritual awakening, so to say, of our industry is actually something that you see in at least sub-communities, but I actually think in quite significant parts of our community.

12:58Can you talk a bit to that, what you're seeing when you're working with founders, how you're seeing it impact them? Look, there's so many different ways in. That's what I would describe. So first on the rationale, there's tons of reasons as to why this work is so important in the broad sense of the word because around 20 % of startups fail due to team, often like founder struggles. There's an increasing amount of burnouts. Fred already mentioned dynamics between investors, founders when it comes to board meetings, when it comes to communication in general. I mean, the list, you can go on and on and all the business reasons as to why the work is important.

13:39But I would like to take a bit more of a personal angle here because I feel once you are on the path, whatever that path means, because that, again, is very different for different people. At different endpoints, some people go find meditation, get deeply into meditation and find beautiful results there, maybe breath work, different types of coaching there's so many different different ways for me personally i found that everything shifted the way i work you know instead of being so focused on the outcome being way more focused on the journey and the present moment and the way i i deliver right now and just be my most authentic version right now and the results the way yeah also to be present with people fred mentioned it listening to really be present um and and and feel more from the heart it used to be so much in my mind for me that that journey was really really important and now working with a lot of founders and i i just see the shifts happening you know with when you work with different coaches that that like get those shifts you you just see that the the level of anxiety reduces massively.

14:54You see their happiness overall work increases massively. You see the sense of purpose, you know, you can feel, increases massively. So there's, I mean, there's tons of elements we can go deeper into, but I'll hand it over to Fred not to talk too long here. But the bottom line is the reason why to do it, there can be tons of business reasons. But I think the real game changer is once you've had a certain experience, because you can talk all you want about it. But once you're a bit deeper into the work, there will be experiences you've had that are a true game changer for you. And that shift is something that is very difficult to explain.

15:36Yeah, look, I think we, most founders, we live in an industry that is driven by trauma or by obsession, right? So, and I understand why people want to hang on to that because it is what makes a lot of founders special. You know, the trauma that comes from a father never seeing you, you having a giant chip on your shoulder and obsessing over proving the world wrong, it actually what makes you special, right? And there is, you know, in that narrative, by the way, there's a lot of truth because in the anger, for example, you're going to find a lot of energy. And so we live in an industry that at the moment is perfect.

16:19particularly high on achievement, hustle culture, et cetera. And it's even more and more the case, I would say. And then what happens to people in various stages of their life? So they might, for example, sell their company and then realize that their entire identity was wedded to the company they just sold, which will typically be a moment where you move from being a high achiever to sort of thinking, well, who am I? We're going to start asking those kinds of questions. And so I think in our industry, there's a lot of fuel in people's trauma and obsession. And to a certain extent, some people just don't want to let that go because they don't want to lose that specialness.

16:55Now, if you go a level broader than your archetypal heroic founder, which I just talked about, and you ask most people, is your attention scattered and destroyed? Do you feel overwhelmed? do you feel lonely do you feel connected to your kids most people will say no to one two three or four of these questions and the list could keep going so when people pause for a minute from the running and they breathe and they go how do i really feel right now how do i feel about my spouse, my children, my work, my general state of mind, or questions like what lights my soul? Am I feeling truly alive? Am I feeling truly alive in the moment?

17:46Most people will say no. So you can choose not to do anything about it because you're still running towards a certain goal, or you can go, well, okay, do I want to perceive my experience of this journey of being alive differently so that's in the eye space what i'm also interested in there is in the we space because we talk about the benefits of meditation breath work and you know what it does to your nervous system all of which is true but then there is who are we who are we to each other who are we to nature um you know if you start thinking of yourself as not being different from a tree because they're an emanation of life here's an oak here's fred both things are versions of life we are not separate from nature we're not looking at nature as something other than us then you get into i think also interesting space of thinking about the we quite differently and you know what do we want what do we long for this is what do we want you know money a house a boat so it's martha back separation right we want success security safety a house whatever and then what do we long for to be loved to be seen to be connected you know and what do we long for we never really stop to ask the question and it is the thing right it's when you read all these books about regrets of people on their deathbed they all have to do with i didn't love enough i wasn't connected enough i didn't spend enough time to see my spouse and all that stuff so at some point you kind of have to decide for yourself whether that's important to you or whether you just want to keep running until such time as you are on your deathbed go well that was a cool ride you know my bike's a bit beat up but i wish i'd spent a bit more time actually noticing the flowers how do you respond to because is there necessarily a forced decision between on the one hand being able to live life and experience life and and be in touch with yourself and connected to your wife and to your children and so on and being a high achiever does someone this, when you start this work, can you start this work and walk with this work and still be this incredible founder that you are today?

20:06Or do you have a trade-off? If you do this, you will most likely start a path that will take you down a route where you're not working 120 hours per week because you realize it doesn't make any sense or it's not, there's other things to life. So my question to you, because that's a question I imagine that many VCs would also have, am I going to let my founder into the lion's den with this person that's going to make them go on Awaska trips instead of building the company? Is that a fair critique? Is that a fair fright? And Rope there, maybe you can comment on that because you have also worked with many executives that has started this work.

20:48I can speak, of course, from the perspective of what I'm witnessing, but I think, of course, Fred and Mike will be able to say something from their own direct experiences. So what I can say is you've said something that is really in a way a direct concern, and I even might even go as far as a direct fear for some people, that if I open that Pandora's box or if I dive deep into something, some kind of work or journey or experience that I'm going to abandon this other life or this career or something is not going to, or the other person that they're in partnership with. And the best way I can speak to that is from the witness position of observing people going through that journey and seeing that the outcome is far greater than their intellectual mind could have conceived because of the experience, the expanded awareness that they received from it and also the deeper connection with themselves that they got out of it, that then actually has benefited all aspects of their life, not just professionally, but personally.

22:01Is it a potential for going through a dark night of the soul where they have to kind of peel away layers of some of the things that have held them back or the beliefs that they have, you know, kept themselves encapsulated in? Do they go through feelings that are uncomfortable and feel really raw and do strong emotions come? Yes. And as long as we label them as not okay, we will presume that they're not okay. But the realization is that when we do walk through these corridors of you know our own personal development journey in whichever path you decide to take that you you meet yourself in a different way and the way that you meet yourself is a deeper recognition and also it changes how you relate to the world how you how you see yourself in the world and how you relate to others and i personally have the the privilege of witnessing this for so many thousands of people over the years.

23:07And I have watched people come out of depression. I've watched people come out of isolation. I've watched people come out of such debilitating beliefs about themselves and about who they are as a human being. And I've watched people land in the heart. And as we are developing collectively, I can finally say that heart work is important without sounding like woohoo, you know? Because when I was doing this like 20 years ago, I say heartwork, people were just like, ah, she's too woohoo, yeah? And yet, we all have a longing, just like Fred said. We all have a longing, and it's much stronger than a bank account.

23:51Andres, I would answer your question threefold. So I used to also struggle a lot with a question. Fred mentioned a trauma and chip on the shoulder. I used to struggle with the question, are narcissists great people to invest in purely from a business perspective? Where you have the trade-off on the one hand, this enormous drive often to just build from the ego with the highest probability of success potentially versus the risk nature of destruction later on. But what I came to realize is I feel there's three massive benefits of this work. And there were my belief that founders are going to perform so much better.

24:35One is energy. I think doing the work is giving you so much more energy to not only work, but to be with your family, to do all of it. And at the end of the day, that's at the core of what you need to execute. And energy is a big one. And also, especially doing the work with Rubda, where it's a lot around going into core motion. And when you deal with anger, as an example, a lot of energy comes free. The more you're used to, you work with energy in your body, the more energy you'll feel day to day and the more you can let it flow through your body. So energy is a big one. The second, I would say, is purpose.

25:13A link to purpose is effectiveness. You know, so like just better prioritizing. Yeah, it is like, what do I really focus on? Because it's not about how many hours I work in a day. You can work the maximum amount of hours with as little sleep as possible. But the real game changer for any founder is always to know what to focus on and to prioritize in the right way. And the reality is that if you would only focus on your business, you neglect family, et cetera, that is going to also have a significant impact on your energy, on your happiness level and everything, and hence make you worse of a leader.

25:50So purpose and other priorities is the second one that I think the work really enables you to do way better. And the third one is talent acquisition. Just people wanting to work with you. It's that simple. The game changer as a CEO, any leader, is to be able to convince great people to work with you. And the reality is if you're a better human being, more present, a more empathetic leader, especially also focused more on impact, as Fred was hinting at earlier, more people want to work with you. That's it. You get the top talent and the best people to build a company with you. So that's how I would break it down.

26:34Look, first of all, I think if you're not connected to yourself, for example, people might say, I had a problem in my youth. Say my father beat me. But I'm okay because I put it in a box and the box is under my bed. You don't realize it, but you live inside the box. Like either your anger is present within you, but you can't control it. Or you shame yourself for your anger and you can't access that energy of creativity or that power that is resident in anger, which is, you know, one of our natural emotion. So first thing to say is, you know, there's a saying I love, which is you can either go learn yourself or life will teach you.

27:24You can wait for life to come and smack you at some point and teach you what you need to learn. Or you can go do it yourself. It's usually much more interesting and less painful to go do it yourself. And not wait for a divorce or to be on your deathbed and realize you haven't made peace with yourself or your parents, right? now i think you should not underestimate that some people open you know they open the window to the waking up process they start seeing the water they swim in you know fish don't see the water they swim in per david foster wallace but once you start realizing you kind of go like wait hang on a minute am i playing my game am i playing someone else's game what is this game i'm playing and so you you may end up you know taking a left turn and deciding you're going to go meditate in a cave for the next eight years, it's possible.

28:13And you may have a rough time through the dark night of the soul. I mean, I went to full on nihilism, where I thought life was like a theater play. And we're just going through the motions until we died. Now, thankfully, I got out of that, but I was kind of stuck in that place for about probably a year plus, which was necessary to my own journey and growth. Now, having said that, if you think about it But purely from a business standpoint, so you don't know. The thing is, you don't know where you're going to go. And the question I would ask is, what are you afraid of? Right? Like, what's your fear?

28:48And secondly, what are you willing to risk for full aliveness, to quote Jim Detmer? Do you want to feel a bit dead inside or do you want to feel fully alive? And fully alive requires connection to yourself, to others, to the moment, to the experience that you're going through. purely from a business standpoint one of the reasons why you want to do this work is you will hit a ceiling as a leader in terms of what you're able to do notably in terms of complexity so to take a very quick example in so-called achiever mode is i know how to recruit and motivate a group of people to go after a specific goal and we're all fucking running like a SWOT team at the same goal.

29:32That's achiever mode. You then hit a ceiling where you're not able to relate to the complexity of people or the world around you. And you need to shift to be able to shift your level of leadership. You need to be able to shift what's inside of yourself. So achiever mode might be Uber. We grow, we scale, we launch into cities and fuck everybody else. And Uber is about Uber and its mission. And then maybe a more elevated form of leadership might be Airbnb. And Airbnb is like, wait a minute, we need to talk to the cities. We need to make sure the suppliers are happy and everybody's having great experience.

30:07And, you know, we're not getting banned in the cities we launch in. And we are thinking about all the constituents as a we thing, not an us thing. And that's a company with clearly has a higher elevated level of culture. And that's why Brian Chesky puts his best people on culture. That's why they bring in, I forget his name now, Chip Conley to be the CEO whisperer. because they're just more sophisticated. So it's fine to be the obsessed achiever for a while, and then you can only get so far. And if you're trying to build exceptional companies, at some point you have to switch to a different mindset.

30:44There's also a question with the work of when, because if you're in the first three years of building a company at high speed and you have a mission, it's probably not the time to go see Rubda and open up a box about how mom never saw your feelings as a child. you know so there is i think also a you know there are times when it is appropriate to do that and it will help you grow as an individual as a leader and all that stuff it does not need to kill your motivation in fact the opposite it's like you're emptying your backpack of the stones that you're carrying so you become lighter and then you're calming the voice in your head you're that freaking roommate in your head that's always talking to you and he's kind of exhausting the shit out of you He gets quieter as you do your internal work to the point where you're like, oh, I can actually focus.

31:33I can stay on task a lot longer. I think more clearly about complex problems. Fear does not impact my behavior. Anger does not impact my behavior. Guilt does not impact my behavior. So you become a better decision maker in the field because you're more settled into yourself. another way to look at it is that initially try to make sense of the world primarily with your mind and you may read a lot of books in order to figure out where you need to get with more and more experience knowledge becomes more wisdom and as as we all know experience is key but that also means there's more of an embodied feeling to it and then finally the stages of embodiment and to Fred's point, the most amazing leaders embody what they do, right?

32:24And that has such a deep effect, not just from a communication perspective, but just for the way they stand in the room, the way they inspire people, even nonverbal. And it's also what the work contributes to. Fred, I want to ask you a provocative question that I, because I've been on a bit of this journey with you, I know the answer to, but I want to ask it because I'm sure that we have many in the audience thinking it. And I think you said something incredibly important about around the timing. There's a time for this and there's a time not for this. And that is exactly why I think specifically for VCs, this work is incredibly important because I think both in terms of what we deliver as VCs to our founders, being more in touch with ourselves, having a better understanding of how you connect and respect for more complex systems and the journey that individuals are on and so on.

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33:26I think NEVC is daily in a situation where it would definitely be better if this individual was more grounded. Whereas you can definitely argue that the first three years of a founder's experience, it's head on. You don't necessarily want a lot of reflections and so on. I can follow that a lot. But my provocative question to you, Fred, is I think there's a lot of VCs that would look at you and say, I don't want that. Fred had exactly what I wanted. One of Europe's most successful funds, everyone's talking about it. And then the motherfucker goes out and says, I don't know if I want to do fund three.

34:08Now I'm going to go in a cave and I'm going to find a nihilistic version of life and go through all this. I don't want that. Fuck that. Fred, tell me if you want to go down this personal route and explain a bit, why is it that it's actually a good thing that you did this? Well, so let me separate me and the work. if you're a venture capitalist, you need to make decisions in conditions of uncertainty. You need to work with often complex individuals and teams in chaotic situations that are fast evolving. You're constantly dealing with too many things to do, overwhelm, clutching in straws, kind of endless treadmill we're on.

34:58And so the nature of your work is deep knowledge work in a highly chaotic, fast-moving environment. And then you have to do this with other human beings with whom you're having somewhat complicated strategy discussions every Monday morning, which is called Investment Committee. So as a venture capitalist, I am convinced that the work I've done in the last years has made me a better decision maker, a better listener, quieter in my head, being able to envisage the world in a quiet way, being able to better connect with founders in the moment they get on the phone, etc. So if you're purely talking about the benefits of skill set, I'm convinced that this stuff is transformationally good as an investor, given the unique nature of our work.

35:45I really do not see any downside. that now for me i'm 52 i'm 25 years in the industry i know the game like the back of my hand you know and the question then becomes do i keep playing the same game because it's lucrative i know how to do it it gives you prestige or whatever you know it gives you some form of influence or do you go play a different game and my personal journey is more influenced by Arthur Brooks and people like that who are like, hey, what do you do with the second half of your life? And what's the nature of your contribution? Is it the best nature of my contribution to raise another fund?

36:26Possibly, maybe it would be in human potential, for example, or it may be that you go back out there and you say, hey, why don't we fix this venture product to make it better for everybody. And I don't know what that looks like yet, but it becomes a question of A, my contribution, and B, my journey. And by the way, also having the humility to realize that at some point, some 30-year-old is going to kick your ass on pure CPU, focus, capacity to work, inspiration, et cetera, because that's the nature of the thing. And I'm okay with that. I'm not attached to being the best, blah, blah, blah. I mean, this comparison is the thief of joy statement is incredibly true.

37:13So then you get to that place where like, well, I don't really mind what narrative you're attaching to me because I don't even mind what narrative I'm attaching to myself. Like I'm not defined by the stories that I tell myself or that you tell about me or anything. So you get to this point of identity being something that you can use when needed, but kind of put to the side and go, you know, I'm just a biped who is a grain in the sea of time. And I will make a very brief appearance. I will have no legacy. And I'm, you know, supernovas don't give a shit if the earth disappears, that kind of vibe, right?

37:50So you kind of get to a place where you're like, hey, this is an amazing journey. Just being this thinking human on two feet who can interact with things around him or her. But also, we're just a fucking blip, right? So just relax a little bit. Whatever path you take in your life is okay. Life is like a flow game. Go with the flow. And then there are a thousand paths that are okay. and the circumstances are as they are. It doesn't mean you don't have agency at all. You have agency, but just relax. Life will unfold and kind of flow with it. And it's a lot more fun to be that way than to try and fucking try and determine the outcome all the time.

38:37So that's the short answer to your question. But I think if I was a young VC and somebody told me, I can develop capacities of presence, peace, equanimity, peace of mind, freedom to see the world as it is, freedom from my biases, capacity to connect emotionally, intellectually and somatically to others, etc. I'll be like, yes, please. These are the skills that we actually need in our job. I always keep thinking, I want to see every founder turn VC and I want to see every VC turn LP. Because I think that when you reach the OG level as a founder, you have so much to bring to other founders. Same thing when you reach the OG level of VC, you have so much to bring to other VCs.

39:26and use that whatever the structure that you might do in the future, Fred, I'm always dreaming that you'd have an OG VC fund-to-fund, whereas all we do is just help the best VCs, upcoming VCs, build incredible firms and become much better than they could be without the experiences. That's a timing question, and I think that that would be beautiful. Rupa, I want to ask you about timing. What is the right time for people to start this work? It depends in which zone I would respond to in this, because there's one area I can go into, which is any time can be the right time. And then there's the other area where we can go into this, where we can say that, you know, we go somatically and we say, you know, if the body is, you know, holding you back in some way and you're holding a lot in your body because, you know, it's talking to you and you feel exhausted, collapsed, So you wake up and you're just like pushing yourself or you feel numb or no energy or tension and so on and so on.

40:38Then I would be very curious as to what the hell's going on. And something is not incongruency. And if I'm pushing myself and it's not flowing, then yeah, I would be curious about that. At my age, I have to say that because of this kind of work, I have energy. I don't need coffee anymore. I don't need caffeine. I don't need things to stimulate me to have my energy to motivate me. I'm motivated by now things that have kind of moved me from the inside. And they don't seem as appealing in the mainstream world because, you know, they don't sell because it's something you already innately have. And it might even seem boring to some people.

41:25I would say if you feel a disconnection, you feel separate, if you feel like you're not sure where you belong and you feel this kind of isolation or loneliness or depression, I would be questioning how you want to proceed in life. If it's a feeling or a sensation and it's not incongruency, I just feel such a great opportunity to explore what is that? What is that? And do I want to continue in such a way? Because whatever you do for a living, no matter what, wouldn't it be beautiful if you could find a deeper connection with yourself and feel through that connection with yourself that you're connected to all and everything in life?

42:11that you're not separate, which I believe is the biggest lie in the world, by the way. And I also believe a lot of marketing is built on creating that image, you know, that separates us. So the deeper truths are your own journey. But for some people, of course, you know, it might not be so clear that they need that until, you know, depression hits them in the face or, you know, a body, a body, you know, breakdown hits them in the face. And then they go, fuck, my life is not in accordance to what is going on. And sometimes people need a breakdown to have a breakthrough, you know, and then they go, okay, now is the time, which is also okay.

42:55You know, and if you get it, then you get it then. And if you get it right, when, you know, a partner saying, you know what, I'm not happy in this relationship, I feel lonely in this relationship. We've not connected in years. Or you get it when, you know, you somehow can't meet your kids, you don't have time with your children or whatever. There's different points in our lives that we get signals. So I think it's important, especially in the Western culture, Andreas, we are at a completely different rhythm mentally. We're like Ferrari minds, you know, and we're kind of disconnected and disassociated from, you know, our inner being and slowing down and being present.

43:35And if you go back to the natural world, I'm living in Australia part-time, you see the indigenous people there or, you know, you see it in South America, you see it in parts of Asia and Africa. They're just connected to land, connected to nature, and you see a completely different way of being. and we lost that in our sadly in our cultural western style and we also lost that coming together and not isolating and being together and sharing together, I'm not alone in this which is one of the biggest things that comes into my work people feeling isolated that nobody gets them, that they don't know how to get support, they don't know where they belong and they don't feel seen or loved or hurt.

44:25It's a big wound and it doesn't matter how big you are and how high up in a company you are. And, you know, we all carry that wounding. So I think the timing really is that recognition in yourself before hopefully a car crash, you know. You know, I think I can only speak for men, But men are typically so lonely and have absolutely nobody to talk to about whether it's shame or anger or their sexual life or their porn addiction or whatever it is, or they have nobody to talk to. And the moment you open it up, again, I'm just looking for men because I ran a men's circle for a while. The moment you open it up, you realize that they are in this provider role, that they feel stuck in this performance role, and that they just are exhausted.

45:25So they're in their role definition kind of stuck as much as women are stuck in their role definition and nobody's talking to each other. So the reason why I bring this up is one of the beauties of this work with Rubda and the deep dive work is you do it as a group. And the power, again, is the power of the we. We see a young woman who's expressing anger at her father, and I'm standing there in the constellation representing the father. And I'm going through the same set of emotions she's going through in a different way. and we are collectively understanding each other in a much deeper level, you know, in the brain, in the body, in the heart.

46:09And we are, you know, giving and receiving are the same thing. As you support someone going through a process, you realize that you're receiving as much as you're perceived to be giving. So this power of the collective is so incredible. And then you end your four days of work and you're like, wow, I don't need to pretend to be a certain way. I don't need to do anything. People just appreciate being in my company without me needing to do anything at all. I could just be here and other human beings appreciate being with me. And all I need to do is show up. Like I have value by virtue of just existing and spending a second looking at another person.

46:54You know, there's nothing for me to do. And I mean, that gift, honestly, yeah, whatever productivity benefits we're hoping for the work. I mean, the gift of just being there, being you and not having to do anything, not having to need a purpose and meaning and a mission, etc. And just like being with other humans and going, fuck yeah, we're alive in this together. We can see each other, hold each other, connect with each other. And like, thank you. What Fred just said, the key element in this also is the understanding that you're not alone. Because the rational thought is that we are alone in this.

47:35Whatever problems we have, which may be relationship-based, which may be around growing the company, around raising money to survive, it doesn't matter. Even much more unique problems. And then you're sitting in a circle, exactly to Fred's point. and not only is every single experience touching you, but also you recognize yourself in almost every single sharing. And that gives you something unique because it makes what we may perceive as a suffering or aloneness much more universal. We're all in this together. And that is such a beautiful feeling, which on top of it, and what Fred already said, also leads to this incredible love you feel for the others in the group.

48:17It was incredible how everyone at the end said, I feel more love for these people I have just met four days ago than some of my best friends, which is insane, right? The container this creates. And that is truly unique. I actually thought it's funny how we all. So if even you go on this type of retreat without the ambition to change anything in your life, or you're just doing it for the experience. I actually think that kind of like you might go to India to see Taj Mahal and I don't know what, and you come home and you're filled up with energy because you saw all these beautiful buildings and nature and stuff.

48:56I honestly would say, even without the impact it's had on my life afterwards, seeing the beauty of human beings at full exhibition here at the retreat was the most beautiful thing I've seen in my life, I think. Like I've seen the wall, the Great Wall of China and so on. Like that did not move me in any way as much as it did seeing the beauty of the different people in this group. And even if you don't want to do the work, even if you're just going there as a tourist to experience human beauty, I actually think it's worth the time and the money for anyone that would want to go. I want to ask a very different question.

49:41Bring it home to our small venture industry again. there's a lot of VCs or not a lot, but more VCs that have started to have coaching programs as part of their investment, you know, offering to founders. Some of them do it as part of a ticket, meaning they earmark 50K or whatever for a coach, or some of them have their own internal person that does the work. What is your take? And Mike, I'll let you go first on this one, because I know it's part of your firm's belief as well. And then after that, we can have a bit of discussion on whether this type of program makes sense, what's important when you design them, those things.

50:26I feel a lot of people use coaching, but actually mean mentoring. And there's a big difference, you know, because it's one thing to have very experienced people advise others, which I would call mentoring or advisory. Coaching is something different, right? coaching is primarily around asking questions. And it's people who've really made this a profession to understand what questions to ask and how to engage in that dynamic to let a person grow and find out things themselves via different techniques. And I think that's a really important distinction in the beginning because a lot of people talk about coaching or a coaching program, Andreas, to your point, actually have more of a mentoring program, have ex-founders that are helping then the portfolio companies with growth and go specifically into different areas like growth marketing etc that's not really coaching right that's advising and i think that's important distinguishing yeah factor to to start with when it comes to the program itself and how to structure it i actually don't have a strong opinion you know there's all kinds of different views um in terms of many coaches will say it's important to let the founders pay them themselves because you know it's important to put in the money to have that commitment.

51:44I don't really think, personally, I just don't think it matters as much in how you structure it in terms of does a VC pay fully or does a founder pay fully, is it a blend or not? What I do think matters a lot is the matchmaking. I think that is key. So every person is different and every person is also triggered in a different way so that matchmaking is the most important, I feel, in the code. and coachee dynamic and there it's a combination of style and the particular chapter the founder goes through where particular coach may be best but also just a personal rapport you know you can have this perfect match in your head and thinking hey whatever let's say fred would be an amazing match for john but the reality is that if in a call for whatever reason ideally face to face it doesn't vibe you know the energy is important as well so the matchmaking i think is the most crucial element here to to get right yeah look i i love coaching i think it's important to separate there are many different types of coaching so the so-called horizontal schools are about skills development how do i develop laterally as a leader within specific it's very much what coaching you How do I do my work?

53:08Integral is one of these schools that is in vertical coaching. So it's the development of personality and consciousness across sort of levels of consciousness. If you want to take the Ken Wilber view of the world, that is a very different type of work, has much more to do with the I, how do I show up? And the we, how do I interact with others? And coaches then have a lot of methodologies and a lot of frameworks and maybe mix all of this stuff up so some people do lateral and vertical together. It is about the quality of the coachee. What I would observe is, you know, the teacher rises when the demand for teaching is there.

53:46So do we have too many coaches? Probably. Are a lot of coaches people who were in transition and said, I'm going to do coaching without necessarily thinking about whether that's their vocation? Probably. I think we are in sort of an interesting time where there's seemingly a code for absolutely everything you ever wanted to do everywhere. Or that people, like I would never present myself as a teacher because I don't feel that I've earned that moniker. I'm not even sure I'd present myself as a coach because I think there is something about learning the craft, like everything that's important. So yes, coaching, amazing.

54:28As usual with these integrated services from VCs, is can you deliver the right coaching to the right person at the right level? So back to Mike's matching point. So I take all of these things with a pinch of salt, which is are they part of positioning and perceived value proposition? And can you really deliver on that? Versus here somebody is going to be transformational, either horizontally in terms of the skill set or vertically in terms of how you present as a leader. are so like most things that come out of vcs treat with a little bit of suspicion and a little bit of goodwill and kind of go figure it out you know to to add here also andreas to your question i think there's a big big difference between focusing on just the business and the person because the reality is if you're building a business and you're going through divorce and you do not address the divorce as an example, it's a blocker for the business as well.

55:29So a holistic approach means you have to address whatever is a life currently for the person because it has a direct impact on all the other fields. And that's crucial. And Rube also mentioned the somatic part. There's so many different elements here that can be blockers for a person at any given point that need to be addressed. And if we have a singular focus on just one area, in the case of VC and the startup growth and how to grow the fastest you neglect others and and i think that's quite crucial there's a little secret about all this shit everything goes back to presence eventually because if you say i'm not leading my company effectively and i don't feel like my team is with me now so that would be what you would call a presenting issue then you go one level down and you go well why is that well because i'm kind of angry and i'm overly directive etc It's like, well, why is that?

56:23Well, how do you show up in the meetings? Well, do you listen? Are you really present to the quality of what's being thrown at you? And then you end up going back to presence. Even if you want to be a strong leader, are you present to the emotional response of the people in front of you? So it's funny how everything at the end of the day goes back to presence. What's presence? It's the same as breath as an object in meditation. meditation is the same as meditation itself actually so when we say the breath you know this autonomic thing we do and then you kind of go like oh my breath is here okay so i'm present to my breathing then you can let go of the breath you don't need an object you're just present everything goes back to that that's what is freaking meditation teachers when they say when you brush brush your teeth only brush your teeth and you go what are you talking about they're talking about the right thing are you present to your breath your body your thinking your emotions emotions of the person in front of you and from there can you be the leader that you want to be so it's it's like whatever whatever wrapping there is around it we always go back to the same thing it's just a question of what language you use to guide people back to that you know i think it's like it's always it's always about presence at some level maybe this is a beautiful segue to ask you rup to talk a bit about the importance of the body because that is you said it early as well everything is intellectual with us in the west uh not a lot is is in the body and in the heart anymore maybe you can talk a bit about the importance of this how you work with it what you see as the steps people can take, so on.

58:14Why is it that there's this fixation, this obsession with the body and the breath and the need-to-do-yoga stuff with this weird crowd in hippie clothes? I want to say something a little bit controversial to that just to piss off a few listeners because why not? I hope I was a bit provocative as well. Yeah, yeah, yeah. It was good. because there are people who do extreme sports and they have to do 100 push-ups a day and they have to go out and do the gym like crazy and they have to do their yoga as well. But it doesn't necessarily mean that they're meeting themselves. And in fact, the yoga community, I used to be with actually a yoga teacher who runs one of the biggest yoga communities in the Netherlands.

59:07and they can do bypassing, a lot of bypassing in that, you know, because of, and it's very connected to a very ancient philosophy in India around how they do feelings, yeah. And what we work with in the deep dive, and, you know, it's not isolated to the deep dive, it just happens to be one of the areas that I'm very passionate about in the work, which is through the body and through feelings, through the intelligence of the heart, which I believe has an acute intelligence, which I find to be the biggest place of wisdom and, you know, signaling, you know, and resonance and connection. And also the intelligence of the body, which never lies.

59:51So often when, good example, actually, we take our experience together, all of us, when we were in Austria together. them and if I looked at some of the bodies coming in how tense they were how high up the shoulders were and you know and how people were tapping their the restlessness in their feet and their body and you know the shifting in the chairs and the constant eye movements and the restlessness in their hands and you know and not really being able to be still and then when we started to work somatically through the body and releasing some of the tension we have and how we did that of course is also through feelings uncomfortable feelings maybe feelings are like the analogy that fred said the ones that we keep in a box under the bed and they're still there you're still sleeping on them you're still holding them in stored and and then when we are able to work through the body with our feelings a release can happen but i can't we can't do it through, you know, sort of intellectualizing it.

1:00:55If I ask you, what is freedom? And you give me a concept of freedom. It's very different than if you feel an embodied experience of freedom, you know, that expanded state. Same for if I ask you, what is connection? You can give me, you know, an intellectual response. But if you are holding someone and they're holding you, you have a direct experience of what connection is. So I saw the value in that very early in my life, my childhood. I don't want to go into my trauma story, but I saw that then the need for that in the nonverbal, how important that was, which is a lot of, you know, allowing space for what I feel and also to work somatically.

1:01:39And I want to just add a piece to what Fred said. He indicated it already, but I want to just expand on it a bit because it's important for those listening about presence. is that the more that you can be present with your own feelings, even the uncomfortable ones, the agitations, the vulnerability, the more we can hold space for another. We have a wider capacity. And men, in many ways, they had a kind of challenging upbringing, not all men but some, in how they had to compartmentalize their vulnerability. So it's not easy for them sometimes to see people in their vulnerability the tendency for some men i say underscore some men is when they see a partner cry they immediately want to fix it because it's uncomfortable for them to be in it so when they and when they make familiar with their own inner home their body their heart you know these two areas of intelligence and how to hold the container inside themselves they have a capacity to also then be with the other who's vulnerable and not have to rush to come up with a solution?

1:02:50Can I just allow space for it for a moment? It's not that you can't want to provide support, but it's just your own inner kind of capacity really impacts the other. Am I patient with myself? Am I able to be still? And then I'm able to be patient with others when they're not still, for example. So these things, I think, I mean, I'm going to say another thing that I know it's coming from my own observation, but personally, I feel like leadership today, what's happening in the world today in the last four or five decades is really, if I look at some of the big leaders in politics, I see really, you know, poor leadership, if I'm honest.

1:03:37And I see if I go deeper than that and I look at some of these big leaders today in politics, I see big wounds. I see areas where there's hurt. And, of course, I can go to that place as a therapist. But if that's not addressed, we end up being these very unconscious, narcissistic, one-direction, one-dimensional kind of leaders. And we can almost turn into dictatorships. you know so i think doing the inner work makes you not just aware of self but aware of the whole humanity and consciousness and uh it we need it today more than ever having just come from a fucking climate change the next breed of leaders really need to include nature in how they you know leave their footprint rubta can you expand just a little bit on the nervous system because So what I love about your work and what you say also and how you work is the moment a person actually experienced something in the body, a shift happens.

1:04:42Whilst the person may have known it mentally for the last decade, the moment it's experienced, something else happens entirely. So maybe very short, can you explain what happens in the nervous system? Why is this important? So let's take, for example, anger. maybe there is somebody who recognizes they've been angry at a parent who overwhelmed them across their boundaries and they never were able to address that anger so it's stored and if they don't honor the anger they can become passive or they can become explosive or implosive yeah so then the anger gets held back or becomes you know uncontrolled and even we can even go to numbness with anger, by the way, that we don't give it any airtime or oxygen.

1:05:32And by the way, numbness is pervasive. I'm often dealing with men who are dealing with numbness because they don't feel anything, because they won't allow any of those feelings. But then they also don't allow the joy of the work that they've been doing, enjoying their fruitful success. So then what we do when you bring it in through somatically is we allow that individual to complete a movement that they might not have been able to complete. Taking the story of the child that was angry at the parent for overstepping the boundary and finally having a release that might look like a body movement, might look like a sound coming out, might look like a kind of an action or a gesture, and finally letting that almost tension come out that's been held and compartmentalized.

1:06:21And sometimes I even push against the person a little bit just to give a little bit of a coming into the body because we get so stuck in the head for so many years that we become used to this operating system here and in. And when that finally happens somatically, the other side of that is often a relaxation can come. Sometimes a longer ability can come because they've been holding so many feelings. Sometimes a sense of empowerment comes because they've been so collapsed in their life and they've been a pleaser to get everybody's love and approval. So this whole somatic experience gives them a kind of almost like a new perception of self, a new realization of self, a new experience of who they are.

1:07:07Maybe before we close, and we should sometime, it's been a long conversation already. Thank you for everyone who's still with us. I want to ask you just all three touch a bit on why retreats? Why is a retreat setting a good one to start this work or get into it somehow. And maybe also specifically touch on what I think is one of the real strengths in our design of these is we're doing it with people from the tech sector. And some people have come to me and said, I don't think I want to talk about these things with this group. I wouldn't want it in the ecosystem. So to say that things they're going to talk about and so on.

1:07:52And I know many of us also walked in with a bit of that thought because obviously, you know, that's something that you walk in with when you're meeting 15 people, 20 people that you have never met before. And now you're going into something where you're going to be sharing deep stuff. What I would just say to everyone is that we all unanimously or every one of us shared things we normally would not share. And we felt perfectly comfortable doing it because a trust relationship is really built within this group. And so if anyone has that caution, I would say you would never violate the trust of any of the people you were there with.

1:08:34I promise you that. And actually, I think it was incredibly powerful also because it's also a teacher in terms of knowing that, okay, if 20 random people that come here all deal with this, probably we all do. So I think that there's an angle to that as well. But this retreat question, why are retreats a good way to embark on this journey? And maybe specifically also within tech. So look, I've done a lot of work, right? And I think there are different modalities. So you do therapy. The limits to talk therapy is typically a somewhat intellectual process. or you understand shit, but you get stuck.

1:09:15Then you can do psychedelics, for example. You can have these breakthrough experiences and if you do good sense-making out of it, that's pretty good. You can do meditation. You can do a whole host of things. The coming together as a group, whether it's the Hoffman process or deep dive, brings a level of, you know, this shared human experience is incredibly powerful. And then the retreat container just allows everybody to build this fabric of trust, which allows you to go deeper and deeper. And this is when the exceptional releases happen. And these moments that are seeing somebody else go through a life transforming experience inspires you to go to the same place or actually may shift something in you at the same time.

1:10:09and to your point on trust it's so not even a question that you know the people who are with us in the group it's a fucking tribe like if any of them needs anything for the next 20 years they will call me I'll be like sure I'm flying over like that's where you get to you don't get to oh we trust each other not to talk about it we go like hey you need me to fly you to the John Hopkins in the US because you got a problem and your brother can't make any time? Sure, I'll be over. That's where you get to, I think. There's that quality of container. What I would say about it, first retreats in general, and then more specifically our retreat, is why retreat setting is so important is oftentimes you disconnect, often it's in nature.

1:10:59So it's already multiple days where you disconnect it. Typically, you also don't have the phone, which is a massive distraction, right? And you're with a group where there's guidance in a certain container you're being held. And that's just so much easier to do the work than doing it yourself one-on-one. And even worse, in the environment you're already normally operating in and working. So I think that is a big, big part as to why retreat in general is very powerful. I want to add to what Fred said around the group. because there's another layer to this that I gradually came to really, really, not only deeply value and appreciate, but for me, it's a true game changer when you have one-on-one work versus group work.

1:11:48And that is the energy of a group amplifies, meaning when you work and grief comes up, sadness. Yeah, it starts somewhere and this is a ripple effect. When you see a person crying, your body reacts to it. What happens in a group setting is there is then, whether it's anger, whether it's grief, something, it is in the energy, in the field. And that is such an incredible way to go through it yourself, to be part of it, to amplify everything that's there for yourself to grow. that once you've experienced this, you realize it's a very different way of working. And to me, that is extremely powerful.

1:12:34And then finally, to the point of why our retreat, why it's such a beautiful opportunity to do this with other investors and founders, is because not only do you work on all the points Fred mentioned earlier that are highly beneficial for you as a leader, but you're also developing such deep relationships. And Fred already said it. you do anything for each other last weekend i was with rupta in valencia we we did this in a very short format one half hours people were crying people came to us afterward that this is so so needed and there were a few people from the deep dive at the very beginning of the conference we look at each other we enter the room you walk straight at each other you you hug each other there's so much love it's such a deep connection so even to your earlier point andreas even if you would only do this as a tourist as visiting and you want to do this for the relationships alone not even for your own personal development journey the relationships you're building there are completely next level and that means that whether the next person could become an alpina fund or whatever it is as a business outcome it just it just a different level of relationship that enables completely different levels of connection so that's that's it i often say to people with four years of therapy, because I do do a lot of one-on-one with people, but the truth is when I'm doing one-on-one sessions with people, I'd rather not keep them four years in therapy.

1:14:06I'd rather have them have a four-day experience in the retreat. I'd rather that instead of them facing me, I'd rather take the therapist away and they're together with other people because for me that I have seen accelerate leaps and bounds in how much they resolve and repair and go to deeper places because of what is being reflected back what is being mirrored what is that human experience that they're having way deeper than just facing a therapist each each week you know so actually most of the time when people do sessions with me I say, do you want to consider also doing some group work together where you really meet with others?

1:14:51And it takes the therapist out of the equation, but way more profound. And the other part that happens there, without getting too, you know, in the woo-woo, and I'm trying to ground this as much as possible, but the mystical comes in. Something much bigger than all of us comes in. And you can call it spiritual. You can call it we're held by something. You can call it whatever name you want to call it, but it's bigger than all of us. And it moves through that space when we're all in that experience together. And it may be untouchable, maybe it's unseeable, maybe it's formless, but it's powerful, it's palpable, and we're all feeling it.

1:15:36And it's like a swirl wind that's moving through that circle of people and through hearts, and it's opening people. And I can't understand it in my rational mind. And I don't know how to explain it to the next person, but it's bigger than any one person. And I love that. And I want to say that I've been on a spiritual path for 48 years. And I've been to so many processes. And I've been touched by so many experiences. And I decided one day to put together something that just kind of the best of the best experiences and journeys and touch points and, you know, and put it all together into kind of a four day boom.

1:16:21Yes, it is full on. Yes, we deep dive. It's a no bullshit approach. I ask people come when you're ready, not just out of a curiosity. And I feel it really works. It's bigger than any single one of us because the most uptight, resistant-minded person has come through that process. And on the last day, kaboom. And not one person made that happen. So I do think that there's something there. I call it mystical. You can call it whatever you want. That happens. That takes place. That takes any. It's like I say to people in deep dive, you can put your grief, your pain, your sorrow, your anger, your anguish, your fears, your insecurities, your unworthiness into the cauldron of the deep dive, and it has the capacity to transform.

1:17:12moment maybe to add one more just a very practical element andreas because i think that's maybe good to know there in in our retreat the groups will be divided meaning there's also a choice to be in a group together with let's say you you would come with a good friend there's a choice to do the sharing together in a group or to separate i think that's important to know because it gives you a choice as to if there's certain if you're thinking about taking another vc you want to do together but you would like to be separate in group the choice is there my personal experience here is for the last retreat i invited also a few friends founder friends vcs and what i came to realize is there was one friend of mine in our group in our pod and most of my friends were in the other afterwards i actually regretted it to the point well it's not regret I loved connecting to all the people on my part but what I realized is again the depth of connection I wish I would have shared it with them as well right and there's always a trade-off but it's such a beautiful opportunity to do it also with friends and at the same time there's opportunity if you really want to do this in a group where there's no people that are friends more strangers that opportunity is there as well I would much rather bring my friends for a retreat like this than I would bring my friends to Las Vegas.

1:18:35I must say that I completely understand what you say there, Mike. So let me end this episode by just stating that we're doing the next one in April, April 1st to 6th in a beautiful place in Italy. So anyone to whom this work is, you know, seems interesting, seems like something you want to get deeper into, just reach out to me personally I'll follow up and follow through on that we're doing it all four of us together and it's going to be just as magical as it was last time and now to Fred, Mike and Robda thank you so much for coming on the podcast thank you so much for doing this work all three of you I think it's incredibly important so thank you pleasure and thank you Andreas for being our voice in the universe thank you It's the megaphone.

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1:20:45Tear down this wall. It's more than just an ally. This is a union of values. Let's start acting. Acting, acting, acting, acting, acting

From the publisher
In this episode of the EUVC podcast, Andreas is joined by Mike Reiner, General Partner at 432 Legacy, Fred Destin from Stride, and Rupda, a coach specializing in deep work retreats. The conversation explores the role of inner work in venture capital, highlighting its potential to improve founder-investor relationships, reduce burnout, and foster personal growth.

Mike shares how 432 Legacy integrates coaching and self-development into its seed-stage investment strategy. Fred discusses his focus on enhancing trust and presence in boardrooms, and Rupda explains the transformative power of group retreats for addressing stress and building resilience.

Go to eu.vc to read the core take-aways.

Chapters:

02:53 Meet the Guests: Mike, Fred, and Rupda
03:58 Mike Reiner on 432 Legacy and Deep Work
04:36 Fred Destin on VC-Founder Relationships
07:46 Rupda's Unique Journey and Spiritual Background
12:06 The Importance of Inner Work for Founders
15:37 Balancing High Achievement and Personal Growth
16:43 The Role of Trauma and Obsession in Success
24:24 The Benefits of Deep Work for Leaders
34:29 Fred's Personal Journey and Reflections
40:56 Finding Inner Motivation
41:30 Questioning Life's Path 
43:17 The Power of Connection
44:41 Men and Vulnerability
46:20 The Collective Experience
49:40 Coaching vs. Mentoring
56:03 The Essence of Presence
57:46 The Importance of the Body
01:07:07 The Power of Retreats
01:18:41 Upcoming Retreat Details

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