{"podcast":{"title":"Fund/Build/Scale","slug":"fund-build-scale-6723964","podcast_index_feed_id":6723964,"rss_url":"https://feed.podbean.com/fundbuildscale/feed.xml","website_url":"https://fundbuildscale.substack.com","image_url":"https://pbcdn1.podbean.com/imglogo/image-logo/17670315/new_FBS_1400_x_1400_tile_ggrhbt.jpg","author":"Walter Thompson","episode_count":120,"summary":"After working for years in early-stage startups and as a journalist, here are three hard truths I’ve learned: 1. Success in Silicon Valley hinges on connections, hard work and luck. 2. Startups often fail because founders lack fundamental business knowledge. 3. Real, actionable advice comes from those who’ve actually done it. There’s no such thing as “founder DNA.” If you’re willing to take on risk and invest years of your life in something that has maybe a 10% chance of paying off — less if you’re a woman or person of color — you can be a startup founder. Here’s why I founded Fund/Build/Scale: 1. To help founders make fewer mistakes. 2. To share successful strategies that can accelerate your go-to-market journey. 3. To inspire more people to see themselves as potential founders. There’s a lot of overlooked talent out there, and we are missing out. This podcast is for anyone who’s interested in learning the basic skills required to launch a startup, secure initial funding and transform an idea into a sustainable business. I’m talking to guests about everything: finding a co-founder, conducting customer discovery, recruiting early employees, developing a PLG strategy, fundraising w…","last_synced_at":"2026-07-07T10:21:25.778921+00:00","page_url":"https://stenobird.com/podcast/fund-build-scale-6723964"},"episode":{"title":"Turning Utility Into Habit: Beyond Basic Gamification","slug":"turning-utility-into-habit-beyond-basic-gamification","published_at":"2026-02-11T23:02:16+00:00","page_url":"https://stenobird.com/podcast/fund-build-scale-6723964/turning-utility-into-habit-beyond-basic-gamification","show_page_url":"https://stenobird.com/podcast/fund-build-scale-6723964","url":"https://fundbuildscale.podbean.com/e/turning-utility-into-habit-beyond-basic-gamification/","audio_url":"https://dts.podtrac.com/redirect.mp3/mcdn.podbean.com/mf/web/7vpkayzqudf8g2p9/Turning_Utility_Into_Habit_Beyond_Basic_Gamification9sgyl.mp3","summary":"I interviewed Play Ventures General Partner Phylicia Koh to explore what founders outside of gaming can learn from two decades of game design. Play Ventures began as a gaming-focused VC fund. Today, it also invests in what Phylicia calls “playable apps,” consumer products that combine utility with the engagement mechanics of games. That doesn’t mean slapping on points and badges. It means understanding motivation, social dynamics, retention loops, and in-app economies. We talk about: What actually makes an app “playable” — and why most gamification fails The difference between vanity retention and real engagement Why founders should get comfortable with paid user acquisition What she wants to see at pre-seed (hint: can you ship?) How to design for habit in categories like fintech, wellness, and spirituality If you’re a domain expert building a consumer product and you’ve never seriously considered how game design might increase engagement and lifetime value, this conversation will give you a new lens. RUNTIME 37:20 EPISODE BREAKDOWN (2:33) “Play identifies as a gaming and also a consumer VC fund.” (7:53) How she determines if gaming skills/practices will add value. (11:19) How to pitch Play Ventures (14:50) \"Can you ship? Because shipping is hard.\" (18:05) Phylicia’s top success metrics for playable apps (21:39) “You're going to need to use paid user acquisition.\" (28:07) “If somebody has a good idea, I guarantee you somebody else around the world has that idea too.” (32:46) An idea she’d like to back that doesn't exist yet LINKS Phylicia Koh Play Ventures SUBSCRIBE 📥 Get the Fund/Build/Scale newsletter on Beehiiv: https://fundbuildscale.beehiiv.com/ 📸 Follow Fund/Build/Scale on Instagram: https://www.instagram.com/fundbuildscale/ 📺 Watch Fund/Build/Scale on YouTube: h…","meta_description":"I interviewed Play Ventures General Partner Phylicia Koh to explore what founders outside of gaming can learn from two decades of game design. Play Ventur…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2240,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/fund-build-scale-6723964/episodes/turning-utility-into-habit-beyond-basic-gamification/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/fund-build-scale-6723964/turning-utility-into-habit-beyond-basic-gamification.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}