Jordan Nel sits down with David Weisburd to discuss how to spot winning venture funds. In addition, they discuss portfolio construction and concentration, the scalability of venture funds and difficult conversations with GPs.
(0:00) Introduction to the value of investment banking skills for startup founders
(0:51) Welcome to the 10X Capital Podcast with Erik Torenberg and David Weisburd
(1:12) Discussing the genesis and strategy of a successful fund of funds
(2:14) Exploring judgment asymmetry and characteristics of successful founders
(4:32) The impact of personal issues on founder success and contrasting investment banking perspectives
(7:05) Deep dive into portfolio construction strategies and the benefits of small funds
(10:31) Sponsor: Deal
(19:26) Benchmarking emerging markets, GP bottlenecks, and LP/GP collaboration
(20:40) Sponsor: 10X Capital Podcast newsletter
(21:48) Understanding pro rata and follow-on investment strategies
(24:11) Judgment vs. diligence and the limits in GP investments
(27:34) Preempting investment rounds and insights on insider investing
(30:17) Closing remarks and contact information
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