How I Invest with David Weisburd

Joshua Berkowitz, an investor in venture capital as a family office, talks about the importance of IRR over TVPI as a metric for investors. They also discuss capital allocation, GP strategy fit, predicting fund returners, qualities of GPs, supporting emerging managers, effective portfolio construction, strategy creep, early-stage investing, and the benefits of family offices.

Brian Abrahams, CEO of American Friends of Sheba Medical Center, sits down with David Weisburd to discuss its “Peace through Health Initiative” and how the hospital has been helping Israeli and Palestinian citizens during the current conflict. (0:00) Episode Preview (0:30) Brian Abrahams’ Background (0:51) Rice Powell’s Background (2:05) Sheba Medical Center’s History (4:43) The Peace through Health Initiative (6:14) How to Combat the War of Propoganda (7:22) How Sheba responded to the attacks of 10/7 (9:30) Sheba’s partnership with Nuvo to help pregnant mothers (11:11) Firsthand impact of 10/7 (17:48) www.standwithsheba.com (18:42) How Sheba is helping heal national trauma (21:32) How Sheba has helped patients

Alex Edelson of Slipstream Investors discusses the four sources of alpha for emerging managers, institutionalizing courage and independent thinking at a venture capital firm, factors affecting hiring decisions in venture capital, and the qualities of a good LP and a great LP.

Jake Paul and Joey Levy, co-founder of Betr, talk about the sports betting industry and building a $100 billion company. They discuss their early experiences in Silicon Valley, their ambitious goals, the role of psychedelics in success, marketing and controversy, the importance of alignment in partnership, and their strong commitment and ambition.

James Heath, Investment Principal at dara5, discusses early stage venture and the challenges faced by limited partners in obtaining and analyzing structured information. They also emphasize the importance of founders' motivation, building strong LP-GP relationships, and the power of connections and collaboration in the LP ecosystem.

Raja Doddala, Head of VC at Churchill Asset Management, discusses how Churchill diligences managers and the importance of integrity in a GP. They also explore the qualities of general partners, the role of networks in VC, LP perspectives on venture investing, and principles from David Swenson's book.

Avlok Kohli, CEO of AngelList, discusses growing AngelList into a $4B company, traits of successful founders, the value of MBAs, GP product at Angellist, building unique products, future plans for Angelus, and requesting referrals to family offices.

In this podcast, Tracy Fong, partner at Albourne Partners, discusses how emerging VC managers can attract institutional investors. They explore navigating market cycles, startup experiences, adaptive strategies, capital allocation, and the investment strategies of Yale and Harvard in venture capital. Tracy also emphasizes the importance of connecting with Albourne Partners and offers a special reward for introductions to family offices and foundations.

Elizabeth "Beezer" Clarkson, Partner at Sapphire Partners, discusses how their new partnership with CalSTRS will allow them to expand their ability to support the next generation of VC managers – all while continuing to focus on investing in the established. We’re proudly sponsored by Tactyc, visit tactyc.io if you’re ready to level up your venture fund. (0:00) Episode Preview (0:57) The Importance of LP Voices and Sapphire’s Partnership with CalSTRS (2:15) Why Investing in Emerging Managers Have Such a Unique Dynamic (4:09) The Role Emerging Managers Play in the Construction of a Compelling Portfolio (6:16) Thousands of Emerging Managers vs Forty Established Funds (7:30) Does Excess Capacity Translate to Adverse Selection? (8:17) “LPs are like Snowflakes and They’re all Different.” (10:49) Common Reasons Why LPs Don’t Re-up (13:48) What Makes for a Great Manager? (16:27) Episode Sponsor: Tactyc (17:34) What Sapphire Looks for When Evaluating a New Manager (19:00) Who Wins: Generalist v. Specialist (21:57) Will Solo GPs be able to Survive in this Market? (24:38) Beezer’s Predictions on Spinouts (26:34) The Bias and Rationale Behind Institutional LPs Desire to Re-up in Existing Managers (28:14) The New CalSTRS Program’s Investment Rubric on Checksize, Fund Size, Return Profile and Audit Requirements (30:37) How LPs Can Bring Value to a Fund (34:31) Why LPs are All Examining Their Portfolios (36:42) Should GPs Focus on DPI or TVPI? (39:01) Why Venture Needs More Innovation (40:19) How LPs Diligence Managers (44:15) The Importance of Transparency within the LP Ecosystem (51:57) What Sapphire Invests In (53:26) Lessons Learned from Previous Downturns

Scott Painter, CEO of Autonomy sits down with David Weisburd to discuss how he creates value as a serial entrepreneur and why Elon Musk has been able to be successful through all his ventures. We’re proudly sponsored by Tactyc, visit tactyc.io if you’re ready to level up your venture fund. (0:00) Episode Preview (1:12) Scott’s Background and Focus on the Automotive Industry (3:15) The Highs and Lows of Being an Entrepreneur (5:01) Invest in Yourself if you Believe in Yourself (7:00) Scott’s Definition of Success (7:42) What being a “Visionary” in the Automotive Industry Means (8:59) Owning a Car Shouldn’t Equate to Soul Crushing Debt (10:26) Accessibility is a Way to Unlock Affordability (11:49) What Autonomy is at its Core (12:28) Episode Sponsor: Tactyc (14:39) Autonomy’s Business Model (17:35) Scott’s Friendship with Elon Musk (21:47) How Autonomy Benefits from EV Tax Credits (26:17) The Secret to Elon Musk’s Success (28:39) Empowering Employees by Decoupling Risk and Reward (30:21) The Future of SpaceX? (38:53) The Flywheel of Wealth Creation (39:49) Autonomy’s $100B Mission (44:25) Is An Autonomy IPO on the Horizon? (47:23) How to Contact Scott