Founder-Market Fit and the Baltic Startup Ecosystem with Gytenis Galkis| Innovantage Podcast #36

Episode notes

In this episode of The Innovantage Podcast, host Max sits down with Gytenis Galkis, Partner at Superhero Capital and venture capitalist with over a decade of experience investing across the Baltic and Nordic startup scenes. From evaluating 600 startups a year to spotting the elusive “founder–market fit,” Gytenis shares what really separates great founders from good ones — and why luck, timing, and conviction all matter more than most entrepreneurs think. Together, they unpack how investors think, what makes a founder credible, and why being 40 might actually be your startup’s superpower. From poker-table analogies to billion-dollar lessons from Tesla, Uber, and OpenAI, this conversation reveals the human side of venture capital — where judgment, belief, and storytelling shape the future as much as data does. What you’ll learn: ️ How VCs filter and evaluate 600 startups per year. ️ The real difference between product-market fit and founder-market fit. ️ Why founders around 40 years old statistically succeed more often. ️ How investors test “fit” before there’s traction or revenue. ️ What makes a non-consensus investment worth the risk.