Apurva Mehta

In this engaging conversation, Jack Altman, founder of Lattice and Alt Capital, and Apurva Mehta, investor at Summit Peak, dissect the impressive investment wins by Sam Altman, particularly his role in Reddit's IPO. They delve into the significance of Special Purpose Vehicles (SPVs) and the vital role of trust in venture capital relationships. Additionally, they discuss the increasing exposure of CalPERS to the venture scene and the complexities of liquidation preferences, shedding light on both opportunities and challenges in the startup investment landscape.

Apurva Mehta, co-founding Managing Partner of Summit Peak Investments, shares his insights on venture fund investments and the importance of board-level transparency. He discusses how younger investors can harness AI while maintaining core investment skills. Apurva dives into the qualitative metrics that matter in evaluating GPs, advocating for deep relationships over brand names. He reflects on his experiences building a venture portfolio from scratch and the swift decision-making processes at endowments. Plus, he shares fun anecdotes about community-building events!

Apurva Mehta, Managing Partner at Summit Peak Investments, shares his journey from limited partner to founding his own firm. He emphasizes the evolving dynamics in early-stage venture capital and the rise of solo capitalists. Discover why he believes references hold varying significance during diligence and how LP concentration can impact funds. Apurva also discusses navigating fundraising complexities post-COVID and the shift to virtual networking, underscoring the need for strong relationships in the investment landscape.