How I Invest with David Weisburd

Jason Calacanis, founder of LAUNCH and host of the All-In Podcast and This Week in startups, discusses his new fundraise, Sequoia's investments in Twitter and Zynga, his angel investing experience including investments in Uber and Calm, and the importance of PowerLaws in investment success. The episode also covers Tactic.io's benefits for venture capital funds and the process of fundraising and selection in venture capital.

Shai Goldman, an investor, writer, and Brex ambassador, discusses the future of VC, the power of startups, and how Brex generated $100M using a growth hack. They explore the evolution of VC during downturns, turnover in venture funds, the importance of discipline in venture capital, and achieving 3X DPI. The chapter ends with gratitude and a promotion for Turpentine, a network of tech podcasts.

Jamie Rhode, Principal at Verdis Investment Management, discusses data-driven investing, compounding returns, his investing philosophy, and more. Topics include the advantages of a long-term time horizon, the power law in venture investments, the importance of diversification, and the value of collaboration and diversity in the investment industry.

David Weisburd interviews Neil Datta, Managing Director of Optima Asset Management. They discuss the Forbes Family Trust's approach to VC and the potential for alpha in due diligence. They also explore how to signal strength in fundraising and whether LPs should be fee sensitive.

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.

David Weisburd sits down with David Clark, Investment Director at VenCap International PLC to discuss his viral post about power laws in venture capital, manager predictability, adverse selection in VC, and what percent of startups go to zero. If you’re ready to level-up your startup or fund with AngelList, visit www.angellist.com/tlp to get started. (0:00) Episode Preview (2:40) David Clark's data set of over 250 early-stage funds (4:40) Power laws and fund returns (9:20) Survivorship data and challenges in emerging managers data (12:30) Succession in VC (14:36) Sponsor: AngelList (18:43) How do you back the top 1% of companies (21:30) Ownership percentages and returns (29:00) Follow on that a fund should reserve at every stage (36:30) Ten year predictions for VCs and LPs

Apurva Mehta, Managing Partner of Summit Peak Investment, discusses the power laws in portfolios, alpha in early stage investing, differentiating a great LP, and asset classes in the investor base. They explore the challenges faced by founders, the role of venture capitalists, and the value of working with family offices as partners in the VC ecosystem.

Samir Kaji, founder and CEO of Allocate, discusses what VCs get wrong in portfolio construction and the main mistakes GPs make when communicating with LPs. He also shares insights on the fees VCs are charging today and his predictions for the venture ecosystem by 2025.

Steve Chasan, Head of Investments at the Rothschild Foundation, joins David Weisburd on the podcast. They discuss LP mindset, best practices for GPs and emerging managers, pricing discipline in VC, over-diversification, and the challenges of co-investments. They also touch on biases in venture capital and give advice to emerging managers and LPs on navigating the industry.

Jonathan Hsu, Co-Founder and General Partner of Tribe Capital, discusses growth patterns and product market fit (PMF) in venture capital. They explore the importance of data in VC and the success factors of early Facebook. The episode also delves into the future of VC and the changing nature of returns.