Patrick started a company called Stripe. Some of it is subconscious. Shaun Maguire is Partner at Sequoia Capital. In my job as a founder of companies and partner at Sequoia and all this, being on lots of boards, I deal with the media a lot. A lot of people, their intuition for space or geometry is that we live in flat space, but if you live on a sphere, that sphere is what we would call positively curved. Maxwell's demon was first in the statistical mechanics domain or thermodynamics domain, but it was what first brought the concept of information to physics in a tangible way. Patrick is a huge lover of physics. ZIERLER: Does the comparison hold up insofar as with solar startups, we knew what solar would be good for, right? The media built them up. He serves as a Board Member at Luminar, Knowde & Gather. Then, we went straight on my honeymoon. Could you talk to him? I sent him a picture. ZIERLER: And when does Sequoia enter into the mix? Jeongwan was just finishing his PhD at that time, and that was a really exciting result that a lot of people were very interested in. Another is this idea that people have called ER = EPREinstein-Rosen equals Einstein-Podolsky-Rosen. But I think he's testing people's commitment, which I think is a really smart strategy that not enough people do. Because it's an extra three factors of two you had to get. ZIERLER: Shaun, in your day to day role at Sequoia, are you bringing your quantum information expertise? We say they're massless, because if they were at rest, they'd be massless. So, that's one thing that is really powerful. One of the most famous ones was the photoelectric effect that Einstein won the Nobel Prize for his explanation of. In that world, there is a deep relationship between the waves allowed in the space and the geometry allowed of the space. Identified as v4.0.2Now with Pre-Seed Investor Lists FAQ And that all comes from a huge amount of money that got poured into a basket of approaches, and those things were all able to compete and evolve. That's another example of something where it didn't make sense with the classical treatment. In some of these other fields, it takes years. I love Caltech, etc. He received an undergraduate degree from the University of Southern . In the late 90s, Juan Maldacena had a big breakthrough there. It's like, some parents rule out of fear; some parents rule out of love. Bored out of my mind. Physics is very powerful. Very few VCs made any money on solar. I had literally never done one. That day, I was working. One thing: I think a lot of the things they were investing in were not related to their core business. Privy makes Simple APIs to manage user data off-chain. I have a fellowship, so I don't need any funding. MAGUIRE: Very rarely. One of the things that's a flywheel: because Sequoia has so much historical success and so many legendary companies in our portfolio, when our foundersjust as a very recent example, Sequoia had invested in a company called Figma. I think maybe on the postdoc level it had an impact because we started to have a lot more seminars and all of that, that would have people from both experimental and theory world. It was a small event, call it 50 people. Many would disagree with me, but I actually think it takes away from the quality of research at Stanford. Then that person got mad and left the conversation and left Patrick and me talking. Now at this point I'm maybe a 25 year old or something, I think was when I was coming back to Caltech. Anyway, a bit of an aside. MAGUIRE: I would say they're very similar, and with solar, it wasn't as clear. ZIERLER: Awesome. I pitched everyoneexcept Sequoia, because they had a conflict. I was thinking about if you had three space ships that were traveling in a line, so spaceship A, B, and C. If the two ends were traveling away from the one in the center, each at the speed of lightso A is traveling away from B at the speed of light, and B from C at the speed of lighthow the hell could A and C not be traveling away from each other at more than the speed of light? The best founders are just so obsessed with what theyre doing that they cannot turn off. I have a degree from Stanford. I was a partner at Google Ventures at the time. Harry Maguire is the world's most expensive centre-back and captain of arguably the world's most famous football club. He emailed Mike Moritz, who's a legend in venture capital, and, Michael Abramson, and they ended up giving me a job. MAGUIRE: I love Alexei and couldn't think more highly of him. I can't remember the exact other things in the very beginning when I joined the group, but I can tell you the themes over the whole ten years or whatever. They were investing in flying carsKittyhawkjust two days ago said that they're shutting down. ZIERLER: So then what happens next? Shaun Maguire: Sequoia Capital has historically had several types of technology funds that match the size of the companies we've invested in. So, we raised a bunch of venture capital. I like high-IQ founders. Where do you see some of the parallels? I don't know, I was learning the rest. Or was this really a sudden career shift from what you might do otherwise with a PhD in fundamental physics? When I was 7 years old, he helped me build my first computer. What were people excited about at that point? I literally emailed John Preskill from Afghanistan. BCS national champion ( 2013) Sean Maguire (born March 11, 1994) is an American football quarterback. I originally self-studied quantum mechanics, and I was able to have some intuition. If Figma grew this quickly, we can grow this quickly." MAGUIRE: Others know this stuff better than I do, but last I checked, there are only two places in nature that we're aware of where quantum mechanics and general relativity make different predictions about what should happen. In my opinion, no question. There are a lot of different interpretations, and it's more in the realm of philosophy. I spent six months really trying to understand that, and I couldn't understand it. Then I got recruited to work at DARPA by Regina Dugan. I felt like I just had to get to the cutting edge. This other founder was saying some things I don't think are correct and saying it in a really arrogant way to Patrick, and Patrick was pushing back and was correct in his understanding of quantum computation. The founder of Figma is an amazing 30 year old kid who also really loves physics and computers. I had a pretty good intuition about how to solve them and ended up talking to Professor Arratia. Because I had come from a math background, I found that yes, I could talk to Alexei. I think that's a really good thing. John asks incredible questions. For months, when I was 13, I couldnt sleep at night because there was a thought experiment I couldnt understand. Ive got to believe that they work incredibly hard in part to make their families proud. Another was the way black body radiation happens. MAGUIRE: My job title is I'm a general partner at Sequoia Capital. Caltech means a lot to me. An equivalent thing is in quantum mechanics, people still debate the interpretation around wave function collapse and things like this. Do we live in a many worlds thing? I think it depends on a lot of things that play out. The professors at USC told me I should graduate and go somewhere better, so I went up to Stanford and started grad school there, actually in the statistics department. And what happens, the wave function collapse moment is when you need an advisor to sign somethingthere are certain things at Caltech where you need an advisor's signature, so the first time that happens, when you've been going to his group meetings for a few months, you kind of go to him and say, "So, I need this signature. Rob is another legend of the field. It wouldn't be relevant to the business model in a parent company. Shaun Maguire's Investing Profile - Sequoia Capital Partner | Signal View who can give you a warm intro to Shaun and 30,000+ top startup investors by joining Signal. Physics is something I use all the time, because I've invested in a lot of companies that touch atoms. I think that, to put John in that category, one of the things I always really admired about John is he had changed fields many times and risen to the top of many different fields, like, started off in really high-energy physics, dark matter work, hardcore high-energy physics, and then he moved to Stephen Hawking style quantum aspects of black holes I would say was the second major area. So, I think John has a smart system. When I proposed to my wife, I blacked out that day. Some of it is implicit. ZIERLER: Anything memorable from the defense? I had been very lucky to meet this guy, Patrick Collison, who's a pretty famous founder now. Was he a hands-on advisor? Not completely explicitly, but a little bit subconsciously and implicitly. ZIERLER: That's pretty cool. The only area where I actually knew something was probability, which was an area that I had spent five years or whatever, so that was an area where I knew something. I didnt even go to class most of the time1.8 GPA in 10th grade and an F in algebra II. I think some people would be different than me, but I don't feel like I have to be the one to push it forward. MAGUIRE: It's super common. Where were you for your undergrad? ZIERLER: Finally Shaun, going forward, do you have a fluid view about your relationship with academia? That happened, and then in 2015 there was this thing called the firewall paradox. ZIERLER: I meant relative to where it was maybe 20 or 30 years ago, not relative to Stanford of course. I had never seen one of these. Working with Professor Makarov, I was his only student. In more recent memory, companies like Stripe, Zoom, Instagram, YouTube, ByteDance in China which created TikTok and many, many other companies across consumer enterprise, hardware, and all these things. Another example would be: in quantum there's a guy, Yakir Aharonov, as in the Aharonov-Bohm effect. There's a very similar result in hyperbolic geometry which basically says the eigenvalues that correspond to waves moving in negatively curved space follow these very specific rules, and there's some really beautiful aspect, and there's actually a relationship between those thingsbetween those waves and the eigenvalues that come from the waves, and the geometry in these geometric data. I did horribly in high school. That's a global statement about the object for any surface or three dimensional manifold, etc. MAGUIRE: I joined the group in 2012. I'm delighted to be here with Dr. Shaun Maguire. Michael Moritz. Don had mainly been in sales and marketing. He was always accessible. I don't want to sell for a billion dollars now, I want to sell for $20 billion. He has a PhD in Physics from Caltech and Masters degrees in Statistics from Stanford and "Control and Dynamical Systems" from Caltech. I still don'tno oneI don't know anything about quantum mechanics. Maguire said that more important than decentralization for its own sake, is the ability of users to be able to leave with their identity and data, an effort which should protect consumers from platform overreach. Shaun is a Partner at Sequoia Capital. But it's only those two places where we know that quantum mechanics and general relativity make different predictions. ZIERLER: Did you think about quantum information at all at Stanford? ZIERLER: On a technical level, I wonder if you can explain, what was the relevance in this field? But as an investor, I wasn't doing any calculations. I was absolutely fascinated by where things come from, how energy works, oil and gas, chemicals industry, things like that, pharma. Posted By : / how do i access my talk21 email /; Under :eaglestone village lambertville, mieaglestone village lambertville, mi See Shaun Maguire's recent investments in Series A Cloud Infrastructure, other investment areas, and co-investors. People don't really use that as an example. Sequoia is a 50 year old venture capital firm based in Menlo Parkone of the preeminent venture capital firms in the world that backed, in their early days, Apple, Atari, Cisco, Oracle, companies like that. With computers, it just seemed like the most important technology of the time. Texas A&M (OA) Accomplishments and honors. Growing up, I had a cousin who studied computer science at UCLA, who made a huge impact on me. I had the opportunity to win an awardoriginally a $10.5 million contract to go build some of that thing that I helped come up with the idea for. They've lost a lot of the goodwill of public markets. There are a lot of people in that camp. He never tries to make you feel stupid. So, I felt like if I'm ever going to do something in business, I'm never going to get a shot this good, so I kind of had to do that in my mind. I have always, in science, I'm attracted to people that have been out of the box. But the crypto theme is so unique that we decided to create a dedicated fund (a first for Sequoia, ed.) I actually think that with Google, they've lost a lot of the goodwill internally. I don't even really remember. Subscribe to Chain Reaction onApple,Spotifyor your alternative podcast platform of choice to keep up with us every week. Robco rethinks how products are made, using modular robot systems. I was the only student in my year that joined that department, the only grad student. This all happened in a curved space, a Minkowski space. Solar starting in the early 2000s2003 to like 2012 got incredible attention both from VCs but also from government subsidies. I don't know what shape or form that will take. If I were to guess what would happen, I think it will probably lead to a new set of equations that capture nature on a deeper level than we have today. MAGUIRE: No. Some of these things are so dependent on so many other variables. Will you be my advisor? It's hard to say no when DARPA is willing to give you money to go build some really advanced technology with really brilliant people. MAGUIRE: I'm always playing catch-up. shaun maguire sequoia wifepapa smurf tattoo. Feynman is the classic Caltech person. I jumped in the conversation, because honestly I didn't like the way the guy was talking to Patrick, and Patrick was right. Did you know Rob? Shaun Maguire is a partner at Sequoia, has founded two companies (one in space technologies and another in global internet security) and holds a PhD in physics from Caltech. It's a universal thing across many different fields. This is a true story. Before, there was too much incompatibility in the languages these fields would use, so it was just hard to even communicate. I love John. Dr. Maguire previously occupied the position of Member of DRW Trading Group and Partner at GV Management Co. LLC. Out of the three you mentioned, I think Google is the only one that has a lot of parallels. Shaun Maguire Partner at Sequoia Capital San Francisco Bay Area 3K followers 500+ connections Join to view profile Sequoia Capital Caltech Activity Below is a great article in Forbes. That's a personal, philosophicalit's like a religious conversation. So, we need some better version of physics that can interpolate between quantum mechanics and general relativity and be consistent with these two things, these two points that don't fit the data. By navigating this website you agree to our cookie policy. Shaun Maguire, Sequoia Capital Partner, joins 'Tech Check' to discuss the decision to back the social network, what makes it . Jerry was this weird physicist where he had a really elite pedigree, and a lot of people with really elite pedigrees would go into the really cutting edge stuff of quantum gravity, or string theory, or high energy physics in general. So, that became the most exciting thing by far in quantum gravity, and now the field is on a journey to unite the fields even more closely. That was one theme. You know for the vast majority of compute, you want it to be centralized. It's basically this idea that somehow wormholes and entanglementso wormholes on the general relativity side, entanglement on the quantum sideare very deeply related to each other. I've been reading your notes from Afghanistan." I think Caltech might have produced a comparable number, or maybe even more high-impact companies in the past. My physics passion was in ninth grade. MAGUIRE: I gave you the whole long story, but to give you the very simple story, the simple story is that AdS/CFT has been this really interesting thing in physics the last 20, almost 25 years. I was randomly walking through the halls of the math department, and there weren't many math undergrads there. Then, sometime in tenth grade decided I just had to leave school, so I took this thing called the California High School Proficiency Exam which is a GED equivalency, and left, and went to community college for two years while my friends were finishing high school. You need to grab him when he's around and set up a time, but he'll always do that. Founders Fund, which is another venture capital fund, invested in both of our companies. It was basically learning, reading papers, talking to lots of people, going to group meetings for a long time. It's not talked about that way, but Shockley Semiconductor was originally a division of Beckman Instruments. Are you not looking at faculty appointments? You can't have spaceships traveling away in a straight line from a Euclidean geometry perspective. People don't quite give credit, but Caltech's own Arnold Beckman in many ways was maybe the first VC. Astronomy becomes interest in black holes, which leads to people like John Preskill, you know, legends of the field. It's actually a directly relevant story, so I'll share it here. ZIERLER: So, this was a real vibrant social scene separate from the science? ZIERLER: Did you get any curveball questions? (Sequoia will have two board seats at the company, held by Gupta, who focuses on later-stage investments, and Sequoia partner Shaun Maguire, whose concentration is on investing in early-stage . From the time I was 9, Ive been obsessed with space. That happened in the early 90s. Do you mean my job title? View the profiles of people named Shaun Maguire. You can register here. Is this like a common narrative in venture capital? When the Figma acquisition happened, it caused a lot of our other portfolio companies to raise their ambition. ZIERLER: Did you officially unenroll from Stanford at that point? ZIERLER: What's the connecting point from Stanford to Caltech? With quantum computing, I would say there's already a lot of applications that are pretty clear, and then there's also a whole bunch of things that maybe you can't say the precise algorithm, but on the other hand it's pretty obvious quantum computers will be important. Decentralization is not a silver bullet that just solves all problems and is better for everything. I was walking through the halls, and there was a professor who had a math competition sheet on his doorthis guy, Richard Arratiathe competition was the Putnam competition, which is the North American college math competition. I was fascinated by what made these numbers go up and down. When I was nine years old, I became really passionate about the solar system. They're human too. He just asks really good questions that lead you on a journey. It's a little unusual in that on the company side I was doing it becausethe reason why I was doing the company, in a lot of ways, is I got lucky. Do you see Google, Microsoft, IBM, and all these companiesare they racing toward a singular finish line? Another is just the network of people. In business, my two passions wereI would say there were three. There are a lot of candidate theories that fit under that umbrella. I didn't really have much of a formal background in it or anything. Mathematicians have studied hyperbolic geometry to death and have learned incredibly beautiful things. My passion, especially coming from that background, was in probability and combinatorics, but really theoretical probability I just found absolutely fascinating. Basically, starting in eighth grade, I got really disillusioned with school. That kicked off a whole new passion in space, and that led to learning about black holes and getting absolutely fascinated by black holes. MAGUIRE: We don't know. I was kind of doing both: doing the company and grad school. 2020-2021. Mark Wise. I wasn't really going to school, so I wasn't doing math competitions or anything. Candidly, with my background of 1.8 GPA in high school and an F in algebra 2, beggars can't be choosers. Alexei is a mathematician. But, just by having this incredible profit engine that you can pump into these other ideas, I think there are a lot of similarities. Actually the day I defended, I flew to Israel to get married. Was it related to what he was doing at the time? I had three jobs. I've backed some people I knew from Caltech's companies. Deep Mind has basically been going across all of science and trying to apply machine learning in science, so it's a much closer thing to the core business model. Physna codifies 3D models into detailed data for software applications. He would say, "Be here at this time and place." I always had that passion, but I've had the science passion which really started with astronomy. ZIERLER: Shaun, do you have a sense of the origin story of Sequoiawhat niche it was looking to fill when it started? By the time I came back to Caltech in 2012 after all this, I had been able to self-study and knew, for example, general relativity on a basic level. In some very crude sense, one says that information is conserved, the other says that information is destroyed. I didn't even know about math competitions. With the literature, I am really, really busy. It was a tiny department. ZIERLER: So, it was in some ways really a purely intellectual pursuit for you, then? When I had thought about itI'm going to tell you, this is the 100% truthful version. DeSo is a layer-1 blockchain custom-built to scale decentralized social applications. We live in a space where photons have a mass. In a conversation on TechCrunch's new web3 podcast Chain Reaction, Sequoia crypto partner Shaun Maguire talked about the firm's commitment to the sector, regulatory challenges and what plenty. Shaun to start, will you please tell me your title and institutional affiliation? There's two things. It doesn't matter. I've already noticed in the last week, I've had many founders in our portfolio come to me, and it's raised their ambition. I had been interested in this field called hyperbolic geometry. They said, "Man, I love Dylan, but like, I can do it, too. He was an incredibly brilliant man and had really good technical instincts, but he was really from the sales and marketing side. I'm so glad we connected. MAGUIRE: I think I was a little unusual in that I was pretty social. Championships. There's this other thing called holographic entanglement entropy. I just had to get to the cutting edge. Our Founders; Our Companies; What was seen as the holy grail? That's not the fully burdened, fully level-ized cost, but just the instantaneous production cost. By normal human standards, I'm an introvert.
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