How I Invest with David Weisburd E24: Joshua Berkowitz of Berkocorp on Why LP's Should Care about IRR% not TVPI
Nov 30, 2023
Joshua Berkowitz, an investor in venture capital as a family office, talks about the importance of IRR over TVPI as a metric for investors. They also discuss capital allocation, GP strategy fit, predicting fund returners, qualities of GPs, supporting emerging managers, effective portfolio construction, strategy creep, early-stage investing, and the benefits of family offices.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8 9
Introduction
00:00 • 3min
Capital Allocation and Investment Metrics
02:35 • 12min
Understanding GP Strategy Fit and Kevin Carter's Unique Investing Style
14:42 • 2min
Predicting Fund Returners and the Importance of Existing Fund Returners
16:41 • 7min
Qualities of General Partners (GPs) in Venture Capital
23:50 • 16min
Supporting Emerging Managers and Effective Portfolio Construction
40:04 • 2min
Strategy Creep and Effective Communication with LPs
42:25 • 8min
The Importance of Early-Stage Investing
50:31 • 11min
Discussing family offices and the benefits of being an investment committee of one
01:01:54 • 2min