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According to Bradley Tusk, co-founder and managing partner of Tusk Venture Partners ( , venture capital has been “effectively dead for the last four years." A self-proclaimed “Fixer ( ,” Tusk recently made the decision not to raise a fourth fund. Instead, he decided to go back to his roots and launch an equity-for-services firm aimed at helping early stage startups navigate tech policy and regulation.
Today on Equity ( , Rebecca Bellan sat down with Tusk to explore his pivot from traditional VC to equity-for-services, when it’s worth the risk to ask for forgiveness rather than permission, and why he’s dedicated to scaling mobile voting.
Listen to the full episode to hear more about:
• The limitations of the current VC model and its lack of liquidity.
• How Trump’s tariffs and other measures have spooked the markets.
• Tusk’s experience advising early-stage founders on regulatory climates, including the crucial role he played in Uber’s early growth.
• Insights into his mobile voting project aimed at increasing voter turnout through secure, open-source technology.
Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday.
Subscribe to us on Apple Podcasts ( , Overcast ( , Spotify ( and all the casts. You also can follow Equity on X ( and Threads ( , at @EquityPod. For the full episode transcript, for those who prefer reading
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2025/03/26
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