Office Hours Podcast: How the Chainsmokers Grew Into Venture Capitalists

Spencer Rascoff

Spencer Rascoff serves as executive chairman of dot.LA. He is an entrepreneur and company leader who co-founded Zillow, Hotwire, dot.LA, Pacaso and Supernova, and who served as Zillow's CEO for a decade. During Spencer's time as CEO, Zillow won dozens of "best places to work" awards as it grew to over 4,500 employees, $3 billion in revenue, and $10 billion in market capitalization. Prior to Zillow, Spencer co-founded and was VP Corporate Development of Hotwire, which was sold to Expedia for $685 million in 2003. Through his startup studio and venture capital firm, 75 & Sunny, Spencer is an active angel investor in over 100 companies and is incubating several more.

Office Hours Podcast: How the Chainsmokers Grew Into Venture Capitalists

I love the music of The Chainsmokers and am excited to be an investor in their Venture Capital Firm, Mantis, where they focus on investing in seed and Series A startups.

Alex Pall and Drew Taggart, the duo behind both the music and the firm, are full of hunger to grow, and see their journey as musicians who built a band out of nothing, similar to the path that startups take.


On this episode of Office Hours, hear why they think it's not just their fame that makes them valuable to the companies they invest in, how they write their songs and the logic behind what might be considered a controversial decision: selling their music catalog.

Want more? Subscribe to Office Hours on Stitcher, Apple Podcasts, Spotify, iHeart Radio or wherever you get your podcasts.

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LA Venture: Taylor Adams on His ‘Blended Approach’ to VC

Minnie Ingersoll
Minnie Ingersoll is a partner at TenOneTen and host of the LA Venture podcast. Prior to TenOneTen, Minnie was the COO and co-founder of $100M+ Shift.com, an online marketplace for used cars. Minnie started her career as an early product manager at Google. Minnie studied Computer Science at Stanford and has an MBA from HBS. She recently moved back to L.A. after 20+ years in the Bay Area and is excited to be a part of the growing tech ecosystem of Southern California. In her space time, Minnie surfs baby waves and raises baby people.
LA Venture: Taylor Adams on His ‘Blended Approach’ to VC
Taylor Adams

On this episode of the LA Venture podcast, Los Angeles native Taylor Adams talks about how his philanthropic work and time in venture capital motivated him to build Rise Together Ventures, a Santa Barbara-based venture franchise combining venture funding with philanthropy.

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Mullen Automotive Increases Authorized Common Stock From 1.75 Billion Shares to 5 Billion

David Shultz

David Shultz reports on clean technology and electric vehicles, among other industries, for dot.LA. His writing has appeared in The Atlantic, Outside, Nautilus and many other publications.

Mullen Automotive Increases Authorized Common Stock From 1.75 Billion Shares to 5 Billion
Photo by Ringo Chiu/ Shutterstock

In a virtual stockholder meeting today, EV hopeful Mullen Automotive announced that shareholders had approved a proposal to increase authorized common stock from 1.75 billion total shares up to 5 billion total shares.

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Statevolt Secures 135-Acre Site for Battery Gigafactory in the Imperial Valley

David Shultz

David Shultz reports on clean technology and electric vehicles, among other industries, for dot.LA. His writing has appeared in The Atlantic, Outside, Nautilus and many other publications.

Statevolt Secures 135-Acre Site for Battery Gigafactory in the Imperial Valley

Statevolt, a battery cell manufacturing company, has secured a site for their gigafactory in the Imperial Valley. As the American sister to their Italian counterpart, Italvolt, the company is seeking to rapidly expand its battery production facilities to the United States by capturing funding created by the Inflation Reduction Act.

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