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Alex Pall of The Chainsmokers sits down with Jack Altman to discuss how their biggest songs came together, the creative process behind them, and how they built a venture capital firm called Mantis alongside their music career. Pall walks through the origin stories of "Something Just Like This" with Coldplay's Chris Martin, "Closer" written in the back of a tour bus with Louis the Child, and "Don't Let Me Down," which Drew Taggart had to rebuild entirely from memory after a computer crash. He reflects on the role of substances in creativity, the importance of protecting flow state, and why songs lose their edge when too many opinions weigh in before they're finished.
On the business side, Pall explains how Mantis deliberately avoids consumer tech, focusing instead on cybersecurity, AI, and health tech where they can add value beyond capital. He frames their investing philosophy as being "the sixth man on every championship team" — prioritizing access to great companies and learning from elite founders over leading rounds. He draws parallels between music and venture: most songs fail, most investments go to zero, but the reps and pattern recognition from each attempt compound over time.
Chris Martin Walks Into the Studiostory
Pall describes waiting two hours at the Woodshed in Malibu before Chris Martin arrived like a tornado of energy. After a four-hour false start, Martin left to put his kids to sleep, and when he returned, he grabbed a mic, danced around the room, and laid down 80% of the core of the song in about an hour.
Closer Written on a Tour Busstory
During the 2015 Friend Zone tour, Drew had chords that had been floating in his head for two or three years. In the back of the bus at 2am with Louis the Child, about half the song came together while they were tipsy. The next day they played it 25 times for random friends on the bus and realized it was actually good.
Songs Become Promiscuous With Too Many Opinionsinsight
Pall explains that flow state is real — Roses, Closer, and Don't Let Me Down all happened in single sessions. But most songs take seven months of refinement. Drew's expression is that something changes when a song becomes promiscuous: too many people or opinions weigh in and the good edge gets smoothed away.
Rebuilding Don't Let Me Down From Memorystory
Drew's computer completely crashed after they declared Don't Let Me Down the next single. With no backup, he had to rebuild the entire song from scratch from memory. The recreation came out better because he only included what was truly necessary, removing layers that had been compensating for things.
Four Weeks in Hawaii With Mushroomsstory
Before COVID, they rented a Brian Chesky house in Hawaii for four weeks, did mushrooms, surfed, and wrote music every minute of the day. The mushrooms acted as an ego killer that got them on the same page. It still took two years to finish the album, but the road had been paved.
Mantis Avoids Consumer, Targets Hard Techstrategy
Pall explains they deliberately lean into spaces with the least celebrity investor overlap — cybersecurity, AI, health tech, and frontier technologies. The logic: if it's already a gamble, at least gamble on things you find interesting, and where you can add value beyond capital.
The Sixth Man Investing Philosophystrategy
Pall frames Mantis's approach as being the sixth man on every championship team rather than a starter on a team not in the playoffs. Being alongside a founder building a great company lets you see what greatness looks like and replicate it across other investments.
Music and Venture Are Both Losing Gamesinsight
Pall draws a direct parallel: most songs don't succeed, most investments go to zero. But every attempt builds character, history, reps, and pattern recognition. The key is to not let a failure set you back — stop looking at the scoreboard and keep your eyes on the field.
Alex Pall is half of the Grammy Award-winning duo The Chainsmokers. Beyond music, Alex is entrepreneur and co-founder of Mantis VC, a venture firm that invests opportunistically in early stage tech-enabled startups. Some of their investments include Alchemy, Chainguard, Kalshi, Roblox, and Rogo. We had a wide ranging conversation that broke down the creative stories behind a few of their top hits including “Closer,” “Something Just Like This,” and “Don’t Let Me Down.” We also explored the creative process at the highest level and how Alex’s experience in music influences the way he approaches venture investing. --- Timestamps: (0:00) Intro (1:04) Stories behind the songs (4:58) Coldplay collaboration (9:57) Creating Closer (13:25) Dependencies vs creative fuel (18:09) Letting songs be promiscuous (19:45) How “Don’t Let Me Down” happened (22:57) Art vs playing the favorites (26:18) Balancing music and business (29:49) Albums telling stories (35:42) Tension behind growth as an artist (39:28) Inspiration drives creativity (41:20) AIs impact on music (44:34) Outlier talent (47:22) Building a venture firm (54:46) Experiencing elite circles (1:01:17) Importance of momentum --- More on Alex: https://www.mantisvc.com/ https://x.com/AlexPallNY More on Jack: https://www.altcap.com/ https://x.com/jaltma --- https://linktr.ee/uncappedpod Email: [email protected]
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