E8: How Roger Ehrenberg Nets 10x Fund Returns
"Turpentine VC" | Venture Capital and Investing
Introduction
The host introduces Roger Ehrenberg, a highly respected VC, and discusses his contrarian views on seed fund operations and his success strategy, including running a concentrated portfolio and focusing on misunderstood but high-potential companies.
Roger Ehrenberg of IA Ventures joins Erik on episode 8 of Turpentine VC to talk about his contrarian and opinionated view of how seed funds should operate, and how that's allowed him to generate 10x fund returns. If you’re looking to improve your sourcing, tracking, and due diligence, check out: https://synaptic.com/turpentine
We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.
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SPONSORS:
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RECOMMENDED PODCAST:
Every week investor and writer of the popular newsletter The Diff, Byrne Hobart, and co-host Erik Torenberg discuss today’s major inflection points in technology, business, and markets – and help listeners build a diversified portfolio of trends and ideas for the future. Subscribe to “The Riff” with Byrne Hobart and Erik Torenberg: https://link.chtbl.com/theriff
RECOMMENDED PODCAST: LIVE PLAYERS
Join host Samo Burja and Erik Torenberg as they analyze the mindsets of today’s most intriguing business leaders, investors, and innovators through the lens of their bold actions and contrarian worldviews. You’ll come away with a deeper understanding of the development of technology, business, political power, culture and more. LIsten and subscribe everywhere you get your podcasts: https://link.chtbl.com/liveplayers.
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RELATED SHOWS: 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:
@infoarbitrage (Roger)
@eriktorenberg (Erik)
@TurpentineVC
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TIMESTAMPS:
(00:00) Episode Preview
(01:20) IA Ventures' firm strategy
(03:30) Roger's thoughts on the rise of seed
(07:18) Would Roger do anything differently if he started IA today?
(11:14) Is the future of venture going to be craftsman or platform?
(15:42) Sponsor: Synaptic
(16:56) What players are going to favored in today's venture ecosystem?
(19:41) Roger's macro lesson on higher interest rates
(24:32) Prediction on where interest rates will normalize
(26:29) On the future for YC and a16z
(31:42) Lessons from crypto, and why Roger's excited about sports for the future
(36:53) Why more people should look into the sports space
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This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co.
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