How I Invest with David Weisburd E29: Lo Toney, Plexo Capital on How He Raised Capital from Google, the Ford Foundation, Mass Mutual
Jan 2, 2024
Lo Toney, fund manager and former angel investor at Plexo Capital, discusses his transition to fund management, the importance of patience in early-stage investments, the diligence process for managers, and the strategy behind selecting LPs. They also explore the significance of empathy in startups, the importance of non-performance factors in raising funds, the significance of Distributed to Paid-In Capital for institutional investors, the value of non-consensus viewpoints in venture capital, applying first principle thinking in early-stage startups, building a strong LP base, and Plexo Capital's global perspective.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8
Introduction
00:00 • 3min
Importance of Empathy in Startups
03:05 • 9min
The Importance of Non-Performance Factors in the Investment Process
11:44 • 3min
The Significance of DPI for Institutional Investors
14:29 • 14min
The Importance of Non-Consensus Viewpoints and Outliers in Venture Capital
28:59 • 2min
Applying First Principle Thinking in Early-Stage Startups
30:34 • 2min
Building a Strong LP Base
32:09 • 21min
Discussing Plexo Capital, Global Perspective, and Intellectual Curiosity
53:24 • 3min