Michael Kim, Founder of Cendana Capital, talks about backing small, emerging managers in venture capital. He discusses qualities of great emerging managers, challenges in fundraising, and the need for liquidity in the secondary market. The podcast explores topics such as portfolio construction, fund sizing, and the evolution of seed funds in the VC landscape.

Michael Kim, Investor at Cendana Capital, discusses travel plans, shifts in the seed stage venture landscape, the role of secondary markets, challenges faced by founders-turned-VCs, and negotiating better terms between LPs and venture fund managers.

Michael Kim, Founder of Cendana Capital, discusses his multicultural upbringing in the US with influences from Japan and Korea. He shares insights on Cendana's approach to investing in VC funds globally, from Australia to Israel. The episode explores his transition from banking to venture capital, the evolution of VC financing, and the importance of supporting early-stage fund managers for higher returns.

Michael Kim, Jason Calacanis, and David Weisburd discuss LP doubts about VC marks, the search for a universal gold standard in benchmarks, and the challenges of starting a new venture firm. They also explore the importance of accurately valuing investments, balancing investors and founders, and the impact of social media on decision making in the world of venture capital.

Michael Kim, founder of Cendana Capital, discusses his thesis on creating a fund of funds at seed stage, insights into the changing landscape of VC, and whether VC should recycle capital. They explore the success of small VC funds, the challenges of scaling funds, and the economic trade-offs for different fund sizes.

Michael Kim, a fund of funds expert, shares insights on the evolution and dynamics of early-stage investing. He discusses the concepts of alpha, beta, and quality indices, and dives into why micro VCs are gaining traction. Kim reveals the increasing interest of limited partners in pre-seed and seed investments, highlighting the factors driving funding in these areas. He also emphasizes the importance of consistent returns and the critical relationships between fund managers and startup founders in navigating today's startup ecosystem.

Michael Kim, Jason Calacanis, and David Weisburd discuss doubts LPs have about valuations, managing portfolios effectively, Keith Rabois' move from Founders Fund back to Khosla Ventures, and more! They also delve into the challenges of valuing investments in venture capital and the importance of staying informed about fund managers and portfolio companies. The speakers debate the balance between supporting startups and making profits, and explore decision-making cultures in VC firms, including the success of Founders Fund.

PGA Tour winner Michael Kim discusses game improvement and shares insights on golfers of all levels. Topics include swing changes, managing stressful thoughts, impact of negative thoughts on performance, fundamentals of the golf swing, handling bad rounds, setting process-oriented goals, and support for the guest.

Michael Kim, founder of Cendana Capital, discusses the intricacies of early-stage venture investing. He shares his journey from a diplomatic career to establishing a fund of funds, emphasizing the evolution of the VC landscape. Kim provides insights on what he seeks in emerging VCs and offers tips for new fund managers under fundraising pressure. The conversation highlights the rise of pre-seed funds and the essential traits of successful fund managers, including the significance of adaptability and founder experience.

Join Michael Kim from Cendana Capital, an expert in fund of funds investing, as he dives into the intricacies of seed funds. Discover why ownership percentages matter so much and what traits make a great seed fund manager. Kim shares his insights on the current influx of new fund managers and the strategic advantages of secondary share sales. The discussion even touches on whether Robinhood might be a target for acquisition and why now is an excellent time to invest in early-stage startups as the landscape shifts dramatically.