E83: Tax Benefits of Investing in Venture Capital w/ Michael Schulman

Michael Ashley Schulman, Chief Investment Officer at Running Point Capital, sits down with David Weisburd to discuss Michael’s views on venture capital, manager selection across private asset classes, and risks/benefits of investing in spinout managers. (0:00) Venture as part investment, part psychology (0:18) Early stage venture and QSBS tax benefits (1:37) Running Point Capital Advisors and private/public allocation (3:03) Family offices vs. institutional investors (4:16) Evaluating investments: IRR vs MOIC (6:08) Managing liquidity and capital calls with software (7:00) Strategies for accessing top venture capital GPs (9:26) Due diligence and GP decision-making processes (14:16) Investing in spinouts: benefits and risks (17:36) CIO's prior experiences and final thoughts on Running Point Capital (20:11) Tax strategies and timing in M&A deals