Craig Shapiro, Founder and Managing Partner at Collaborative Fund, discusses mission-driven investing and the rise of personalized consumer products. He dives into the 'Villain Test' for evaluating product viability and shares insights on innovative hiring strategies for startups. Shapiro also addresses the delicate balance between data privacy and consumer convenience, emphasizing the need for trust between founders and investors. With a decade of successful investment strategies, he highlights the importance of long-term thinking in venture capital.

Veteran investor Craig Shapiro breaks down why he is short small cap stocks, criticizes Powell's market tactics, discusses Yellen's Treasury actions, and predicts profit margin struggles with high policy rates. He also explains his bullish position on bitcoin and gold.

This week Patrick takes a deep dive in the world of Venture Capital with Craig Shapiro, founder and CEO of the New York based Collaborative Fund, which was an early investor in companies like Lyft, Kickstarter, and Reddit.  We cover Craig’s investing roots, his process for sourcing and evaluating investment opportunities, and the very useful “villain test.”  Please enjoy!   For comprehensive show notes on this episode go to investorfieldguide.com/shapiro/ For more episodes go to InvestorFieldGuide.com/podcast.  Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub Follow Patrick on twitter at @patrick_oshag