TENTANG EPISODE INI
Cyan Banister put her entire IronPort exit into SpaceX when the rockets were still blowing up on the launchpad. She never sold. It became the best investment of her life. She is Co-Founder and General Partner at Long Journey Ventures, spent 4 years as a partner at Founders Fund, and with her husband Scott Banister has built one of the most successful angel portfolios in the world across 20+ years of investing together:
SpaceX. Anduril. Uber. PayPal. Affirm. Flexport. Postmates. Niantic. Opendoor. Carta. Together AI. Diamond Foundry. Crusoe. Flock Safety. Substrate. Brave. Depop. Calm. Fivetran. Zappos.
Cyan joins Sourcery at Long Journey's HQ to break down how she actually sources deals, why she refuses to chase hot rounds, and what she is buying next in nanotech and biotech. She found Niantic in a customer support inbox at Hint Water. She found Uber by asking taxi drivers what their day was actually like. Her point is that the alpha is in paying attention, and that the best investments arrive as a feeling before they arrive as a thesis.
Cyan Banister: https://x.com/cyantist
Molly O’Shea: https://x.com/MollySOShea
Sourcery: https://x.com/sourceryy
𝐄𝐏𝐈𝐒𝐎𝐃𝐄 𝐋𝐈𝐍𝐊
YouTube: https://youtu.be/810VlN3lkqQ
𝐒𝐏𝐎𝐍𝐒𝐎𝐑𝐒
• Brex—The modern finance platform, combining the world’s smartest corporate card with integrated expense management, banking, bill pay, & travel. https://brex.com/sourcery
• Turing—Turing delivers top-tier talent, data, and tools to help AI labs improve model performance—and enables enterprises to turn those models into powerful, production-ready systems. https://turing.com/sourcery
• VCX—VCX is the public ticker for private tech, allowing investors of all sizes to invest in venture capital. View The Portfolio at http://GetVCX.com
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• Public–Investing platform Public just launched Generated Assets, which lets you turn any idea into an investable index with AI. With Generated Assets, you can build, backtest, refine, and invest in any thesis with AI. Gone are the days of one-size-fits-all ETFs. https://public.com/sourcery
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Disclosure
Paid Endorsement. Brokerage services by Open to the Public Investing Inc, member FINRA & SIPC. Advisory services by Public Advisors LLC, SEC-registered adviser. Crypto trading provided by Zero Hash LLC, licensed by the NYSDFS. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.
𝐓𝐈𝐌𝐄𝐒𝐓𝐀𝐌𝐏𝐒
(00:00) Cyan Banister, Long Journey Ventures
(01:13) Inside Long Journey HQ
(02:17) The wild story behind the office mural
(05:32) What Cyan's actual house looks like
(08:08) What the Long Journey logo actually means
(10:41) How Cyan became one of Mafia's breakout stars
(15:42) The first time she's ever had to lie to win
(16:30) What really happens off-camera at Mafia
(18:58) The blooper reel nobody's seen yet
(22:33) The one thing Mafia is missing
(23:54) Inside Brian Singerman's $40-a-month boardgame club
(31:36) Cyan's Serendipity
(43:56) The "why" behind her biggest investments
(1:01:57) Full list of Cyan's investments
(1:04:28) All-in on SpaceX
(1:08:57) Why she never sold a single SpaceX share
(1:12:53) Top Bets: Becoming Bio + Substrate
(1:15:52) Why America's reindustrialization moment is now
(1:19:16) The mentors who shaped who she is today
(1:22:54) Manifesting Rick Rubin
(1:24:00) Real take on the Peter Thiel events
