E12: Redpoint Ventures and Stepstone Group on VC Deployment, M&A, and Google's AI Strategy

Todays show:

David Weisburd hosts Logan Bartlett, Hunter Somerville, and Jason Calacanis to discuss the current fundraising market (1:21), the potential of secondary markets ( 44:31), Google’s huge investment in generative AI (52:19), and much more!

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Timestamps:

(0:00) David Weisburd intros Logan Bartlett, Hunter Somerville, and Jason Calacanis

(1:21) Fundraising indicators and the current environment

(5:28) Importance of governance and incentives in investment decisions

(9:44) Building trust with limited partners and pacing in venture capital

(14:12) Challenges and realities of venture capital

(18:23) The decision between being an entrepreneur and a fund manager

(21:52) Managing VC firm reputation and dealing with difficult founder situations

(26:34) Importance of getting liquidity and secondary transactions

(44:31) The potential of secondary markets and the impact of M&A on capital markets

(52:19) Google's $100 billion investment in AI and competition in the AI ecosystem

(1:03:32) The challenge of capacity in seed stage investing and the value of a strong community in portfolio management

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Follow Logan:

X: https://twitter.com/loganbartlett

LinkedIn: https://www.linkedin.com/in/loganbartlett

Check out: https://www.redpoint.com

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Follow Hunter:

LinkedIn: https://www.linkedin.com/in/hunter-somerville-2a24117

Check out: https://www.stepstonegroup.com/

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Follow David:

X: ⁠https://twitter.com/DWeisburd⁠

LinkedIn: ⁠https://www.linkedin.com/in/dweisburd⁠

Check out: ⁠https://10xcapital.com

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Follow Jason:

X: ⁠https://twitter.com/jason⁠

Instagram: ⁠https://www.instagram.com/jason⁠

LinkedIn: ⁠https://www.linkedin.com/in/jasoncalacanis