"We Don't Fund Good Companies" : A $1.5B VC Explains Why | Ben Lerer, Lerer Hippeau

"We Don't Fund Good Companies" : A $1.5B VC Explains Why | Ben Lerer, Lerer Hippeau

June 9, 2026 · 56 min

About this episode

Ben Lerer discusses his unique approach to venture capital and founder selection.

Ben Lerer, Managing Partner and Founder of Lerer Hippeau, has built one of New York's most influential early-stage venture firms across nine funds and nearly $1.5B in AUM. In this VC edition of the GTMnow podcast, Ben sits down with Max and Paul to unpack how he actually picks founders, why he wants to be the "worst investor" at his own fund, and the contrarian belief that backing good, sensible businesses is a mistake. Ben got his start in media, building Thrillist before it merged into Gro...

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Hosts: Max, Paul

Guest: Ben Lerer

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Organizations: Lerer Hippeau

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