E24: Building a Multi-Billion-Dollar Asset Management Firm with CoVenture's Ali Hamed
"Turpentine VC" | Venture Capital and Investing
Introduction
This chapter introduces Ali Hamed, a partner at CoVenture, and dives into CoVenture's three main strategies, their team size, annual investments, and transaction sizes.
In this episode of Turpentine VC, Ali Hamed, Partner at CoVenture, joins Erik Torenberg to discuss the advantages of investing across asset classes, CoVenture’s inflection points, the importance of being liked in venture, and asset classes Ali hopes to invest in in the future. If you’re looking for an ERP platform, check out our sponsor, NetSuite:http://netsuite.com/turpentine
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RELATED SHOWS: The Limited Partner
If you like Turpentine VC, check out our show The Limited Partner with David Weisburd, where David talks to the investors behind the investors: https://link.chtbl.com/thelimitedpartner
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X / TWITTER:
@AliBHamed (Ali)
@coventurevc (CoVenture)
@eriktorenberg (Erik)
@Turpentinemedia
@TurpentineVC
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TIMESTAMPS:
(00:00) Intro
(01:25) CoVenture in a Nutshell
(03:22) How CoVenture Succeeds in Credit
(06:50) Hard Conversations VCs Should Be Having
(10:01) How CoVenture Differentiates
(11:16) Venture Firms Getting Into Multiple Asset Classes
(14:19) Team Building and CoVenture's Future
(23:37) Future of CoVenture Continued
(28:24) Ali on Crypto
(31:07) Why LPs Are More Comfortable Giving Money to Big Brand VCs
(35:50) The Future of Venture
(37:41) The Evolution of Coventure
(44:27) Starting Over in 2024
(52:51) Wrap
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