Liquidity
E10: Apurva Mehta and Jack Altman on Sam Altman, CalPERS, and Liquidation Preferences
David Weisburd hosts Apurva Mehta, Jack Altman, and Jason Calacanis to discuss Sam Altman’s huge investment wins (00:32), the role of SPVs (12:10), CalPERS increasing their exposure to venture (21:25), and liquidation preferences (39:47).
Timestamps:
(0:00) David Weisburd intros Apurva Mehta, Jack Altman, and Jason Calacanis (0:32) Reddit's IPO and Sam Altman's investment success (5:52) Apurva's investment strategy and thoughts on fund size and portfolio strategy (12:10) The role of SPVs and the importance of trust in the investment ecosystem (21:25) CalPERS and pension funds increasing their exposure to venture capital and private equity (23:17) Is it a good time to invest in venture? (36:53) Fundraising and decision-making processes (39:47) Higher liquidation preferences at the later stage (49:32) Rapid fire segment on recent investments
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Mentioned on the show:
https://www.foundationhealth.com
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Follow Apurva:
X: https://twitter.com/mehtaaapurva
LinkedIn: https://www.linkedin.com/in/apurvaamehta/
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Follow Jack:
LinkedIn: https://www.linkedin.com/in/jackealtman/
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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:
