Skin in the Game VC Podcast

Florida Funders

Florida Funders Managing Partner and "Skin in the Game VC" podcast hosts Saxon Baum & Tom Wallace believes that entrepreneurs are game changers and that the companies they envision, create and build make the world a better place. FLF is a hybrid venture capital fund and investor network that discovers, funds, and builds early-stage technology companies. We combine a $300M+ venture platform with 2,000+ accredited investors to back breakout founders in B2B software, fintech, AI, health care, and cybersecurity. Beyond capital, our team of serial entrepreneurs and investors provides operating expertise, strategic introductions, and a nationwide support network that helps founders win. By unifying venture capital with an engaged investor community, we deliver exceptional outcomes for founders and LPs alike. This podcast was envisioned to educate, connect and activate accredited investors to get skin in the game and invest like a VC.

  1. APR 10

    Eric Ries: The Dark Side of AI and Why Vibe Coding Could Be the Next Chernobyl

    In this episode of Skin in the Game, hosts Saxon Baum and Tom Wallace sit down with Eric Ries, the founder and author of the Lean Startup Methodology, one of the most influential business frameworks in modern entrepreneurship. Eric shares his journey from coding in his parents' basement, to dropping out of Yale for a failed startup, to eventually developing the principles that would change how the world builds companies. Eric opens up about his early failures, including his time at there.com, a virtual world startup that had everything going for it except customers. That painful experience led him to co-found IMVU, where he began experimenting with rapid iteration, minimum viable products, and data driven decision making, the core principles that would eventually become the Lean Startup. The conversation takes a sharp turn into today's AI driven world, where Eric offers a refreshingly candid and cautionary perspective. While he acknowledges that AI tools like Claude Code have made it faster and cheaper than ever to build and launch products, he warns that founders are falling into a dangerous trap he calls "dark flow," mindlessly generating code and demos without actually learning, testing, or getting real customer feedback. He argues that the MVP is not the artifact itself, but the experiment and the learning that comes from it. Eric also raises serious concerns about vibe coding, the practice of using AI to generate software that even its creators don't fully understand. He believes this is a ticking time bomb that could lead to a Chernobyl style disaster when AI generated, unreviewable code finds its way into mission critical applications. The episode also covers the state of venture capital in the enterprise AI space, where Eric sees echoes of the dot com bubble, with enormous wealth being generated alongside questionable value creation. He shares his thoughts on OpenAI vs. Anthropic, the future of SaaS, the robotaxi wars, and why he still doesn't understand what Bitcoin is actually for. Eric closes with a preview of his new book, Incorruptible, available May 26th, which digs deeper into principled entrepreneurship and long term thinking in business. Whether you're a first time founder or a seasoned investor, this episode is packed with hard won wisdom from one of Silicon Valley's most thoughtful voices.

    51 min
  2. FEB 12

    Brian Hollins: From Stanford & Goldman Sachs to Raising an Institutional Venture Fund

    In this episode of Skin in the Game, Saxon Baum sits down with Brian Hollins, co-founder of Collide Capital, for a wide ranging conversation on venture capital, institutional fundraising, and the mindset required to build a differentiated early-stage firm. Brian’s story begins just outside Washington, D.C., where he grew up as the oldest of three brothers in a disciplined and competitive household. His middle brother, Mack Hollins, famously received no college football offers, walked on at UNC, and went on to build a nine-year NFL career that includes a Super Bowl championship. His youngest brother served in the Marines. That foundation of resilience, accountability, and high standards continues to shape Brian’s approach to leadership and investing. The conversation traces his path from Stanford, where a culture of ambition and innovation pushes students to think boldly, to Goldman Sachs, where he helped build the Emerging Entrepreneurs Coverage Group. During that time, he learned how to create real value for founders before ever writing a check, including early work supporting companies like Plaid. Those experiences laid the groundwork for how he thinks about venture capital today. Brian also explains why he approached business school intentionally, using it as a strategic platform to build relationships and lay the foundation for launching Collide Capital. The discussion highlights the difference between raising a fund and building a firm, and what it takes to earn long-term institutional LP support. The episode concludes with a look at Collide Capital’s investment focus on fintech infrastructure, supply chain and logistics, and the future of Gen Z in the workforce and why the best founders are relentlessly focused on solving one core problem. A thoughtful and candid discussion on building with intention and playing the long game. Tune in to this episode. You don’t want to miss this one!

    38 min
  3. JAN 14

    Investing on the Bleeding Edge with Felix Hartmann

    This episode of Skin in the Game features a deep, candid conversation with Felix Hartmann, founder of Hartmann Capital on what it really means to build and invest at the frontier of technology. Felix’s story starts long before hedge funds and venture capital. He moved to the U.S. from Germany during the 2008 financial crisis, initially planning to stay for just a year. That plan changed quickly. Early exposure to markets, coding, and emerging technology led him down a path of trading, crypto infrastructure, and eventually founding his own firm and launching Hartmann Capital the same day he signed his first apartment lease. A major theme throughout the episode is conviction through firsthand experience. Felix doesn’t invest from a distance. He tests products, uses them extensively, and looks for signals that can’t be captured in a pitch deck. Whether it’s VR games, smart glasses, or brain computer interface technology, he believes the clearest insight comes from being a real user and understanding how a product fits into daily life. The conversation explores why Felix shifted away from liquid crypto trading and toward long-term venture investing in frontier categories like VR, spatial computing, wearables, and neural interfaces. He explains how hardware limitations slowed VR adoption, why smart glasses may be closer to a breakout moment, and how enterprise use cases often precede consumer adoption. The discussion also touches on sub-vocal communication technology that allows people to interact with devices without speaking out loud and why it could fundamentally change how humans interface with machines. Saxon and Felix also discuss the realities of investing on the “bleeding edge,” where traditional metrics don’t exist and patience is required. Felix breaks down how power-law outcomes often come from non-consensus bets and why underfunded categories tend to attract the most mission-driven founders. The episode closes with reflections on geography, talent, and ecosystem building from Florida’s role in capital formation to the continued importance of Silicon Valley and Los Angeles for early-stage innovation.

    51 min
  4. 12/10/2025

    From Real Estate to Restaurants: Andrew Wright’s Entrepreneurial Blueprint

    We sat down with Andrew Wright, founder of Franklin Street, for a fascinating conversation about market dynamics, building resilient businesses, and the future of the Tampa Bay region. Andrew shared how he launched Franklin Street at 26 and grew it into a full ecosystem of real estate services from capital markets and leasing to insurance and property management. He talks about why diversified revenue streams matter, especially in industries that ebb and flow with economic cycles. We also unpacked today’s commercial real estate environment. Andrew describes the moment as a “rain delay” transactions are slow, liquidity is tight, and valuations are still adjusting after rapid interest-rate hikes. Even so, Florida remains uniquely strong thanks to continued population and capital migration. As lenders start pushing stalled assets toward resolution, he believes new opportunities will emerge. Beyond market trends, Andrew shared insights on scaling teams, building culture, and developing young talent. His emphasis on authenticity, mentorship, and long-term potential over static skill sets is a refreshing and realistic take on leadership today. We also explored the future of Westshore, including transportation needs, density, and how thoughtful planning could unlock the next phase of growth for the district. Add in his perspective on AI’s impact on real estate operations, and this episode covers a ton of ground. If you're interested in real estate, leadership, or Tampa’s economic evolution, this is a must-listen. Hosted on Acast. See acast.com/privacy for more information.

    54 min

Ratings & Reviews

5
out of 5
5 Ratings

About

Florida Funders Managing Partner and "Skin in the Game VC" podcast hosts Saxon Baum & Tom Wallace believes that entrepreneurs are game changers and that the companies they envision, create and build make the world a better place. FLF is a hybrid venture capital fund and investor network that discovers, funds, and builds early-stage technology companies. We combine a $300M+ venture platform with 2,000+ accredited investors to back breakout founders in B2B software, fintech, AI, health care, and cybersecurity. Beyond capital, our team of serial entrepreneurs and investors provides operating expertise, strategic introductions, and a nationwide support network that helps founders win. By unifying venture capital with an engaged investor community, we deliver exceptional outcomes for founders and LPs alike. This podcast was envisioned to educate, connect and activate accredited investors to get skin in the game and invest like a VC.

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