Concentrating in Winners | Vince Hankes, Partner at Thrive Capital | Ep. 27

ℹ️ EPISODE INFO

Released

October 8, 2025

Duration

57m

Channel

Uncapped with Jack Altman

Watch on YouTube

▶ Open ↗

📝 EPISODE DESCRIPTION

(If you enjoyed this, please like and subscribe!) Vince Hankes is a Partner at Thrive Capital where he’s worked on investments in OpenAI, SpaceX, Databricks, and Stripe among others. Vince invests across all stages and currently sits on the board of Airtable, Benchling, Console, Isomorphic, Lattice and Rogo. Prior to joining Thrive, Vince was an investor at Tiger Global. We covered:

• Non-consensus investing
• Writing billion dollar checks
• Buying Carvana at the bottom
• The value of compounding
• What matters most to Thrive

Timestamps: (0:00) Intro (0:50) The evolution of Thrive (4:22) Instagram, Github, and Stripe (7:57) Qualitative, then quantitative (9:39) Writing massive checks (16:48) Winning strategies in venture (25:58) Buying Carvana at the bottom (32:50) Managing conflicts (36:13) AI’s impact on the market (42:25) East meets West Coast investors (45:19) Vertical specific workspaces (49:53) Scale and timing of robotics (51:31) OpenAI vs everything else (55:59) What matters most for Thrive More on Vince: https://x.com/vhankes https://www.linkedin.com/in/vincent-hankes/ More on Jack: https://www.altcap.com/ https://x.com/jaltma https://linktr.ee/uncappedpod Email: friends@uncappedpod.com This episode is presented for informational purposes only and does not constitute investment advice or an offer to sell, or a solicitation of an offer to buy, any securities. The discussion herein similarly does not constitute a solicitation with respect to any Thrive fund or an offer of investment advisory services. Investments identified herein are discussed solely for illustrative purposes and there is no guarantee that current or future investments of Thrive will be similar in quality or kind.

🎤 SPEAKERS

• Vince Hankes

  guest

• Jack Altman

  host

🧾 EPISODE SUMMARY

In this episode of Uncapped with Jack Altman, featuring Vince Hankes and Jack Altman, Concentrating in Winners | Vince Hankes, Partner at Thrive Capital | Ep. 27 explores Thrive Capital’s playbook for concentrated, conviction-led venture investing at scale Thrive grew from a small, New York-based outsider fund into a platform capable of writing billion-dollar checks, while trying to preserve its contrarian, high-conviction culture.

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