Todays show: David Weisburd hosts Mark Suster, Samir Kaji, and Jason Calacanis to discuss the 2024 venture market (00:46), secondary sales by VCs (20:13), IPOS in 2024 (40:47), and much more! Timestamps: (0:00) David Weisburd hosts Mark Suster, Samir Kaji,, and Jason Calacanis (00:46) Thoughts on IVP raising $1.3 Billion for their 18th fund and different angles on the current fundraising market (13:32) Mark's strategy today for (DPI) (20:13) Secondary sales by VCs and best practices when disclosing selling after hitting targets (25:08) Thoughts on strip sales, continuation funds, and exotic secondary vehicles. When should GPs pursue that strategy? (40:47) F-Prime's 2024 State of Fintech Report, the IPO market in 2024, and early stage fintech (49:35) Kleiner Perkins and how a firm reboots (57:52) The apprenticeship model in Venture Capital, and mistakes GPs make when interacting with LPs (1:12:35) Rapid-fire segment on top recent investments * Mentioned on the show: https://www.theinformation.com/articles/ivps-new-fund-shows-growth-investors-are-ready-to-get-off-sidelineshttps://techcrunch.com/2024/02/03/mamoon-hamid-and-ilya-fushman-of-kleiner-perkins-more-than-80-of-pitches-now-involve-ai/ https://fprimecapital.com/blog/the-2024-state-of-fintech-report https://www.bland.ai https://kuberahealth.com https://www.stonealgo.com https://giggster.com * Follow Mark X: https://twitter.com/msuster * Follow Samir X:https://twitter.com/Samirkaji * Follow David: X: ⁠https://twitter.com/DWeisburd⁠ LinkedIn: ⁠https://www.linkedin.com/in/dweisburd⁠ Check out: ⁠https://10xcapital.com * Follow Jason: X: ⁠https://twitter.com/jason⁠ Instagram: ⁠https://www.instagram.com/jason⁠ LinkedIn: ⁠https://www.linkedin.com/in/jasoncalacanis

Todays show: David Weisburd hosts Grady Buchanan, Victor Gutwein, and Jason Calacanis to discuss dry powder in VC, VCs rating VCs, a study on whether returns persist in venture capital, and much more! * Timestamps: (0:00) David Weisburd hosts Grady Buchanan, Victor Gutwein, and Jason Calacanis (1:10) VC dry powder levels, cash management by GPs, and investment pace adjustments. (14:22) The importance of GP selection for LPs, VC firm ratings, and the impact of relationships in the VC ecosystem (29:33) Performing due diligence on funds and the persistence of VC Returns (51:41) Rapid-fire segment on top recent investments * Mentioned on the show: ⁠https://www.corraltech.com⁠ ⁠https://www.hydeparkvp.com⁠ ⁠https://deciens.com⁠ ⁠https://www.rallyventures.com⁠ ⁠https://pavewisepro.com⁠ ⁠https://selffundhealth.com⁠ https://www.deeptrustai.com * Follow Grady: LinkedIn: https://www.linkedin.com/in/gradyb Check out: https://nvngia.com/ * Follow Victor: X: https://twitter.com/lalayak LinkedIn: https://www.linkedin.com/in/victor-gutwein Check out: https://m25vc.com * Follow David: X: https://twitter.com/DWeisburd LinkedIn: https://www.linkedin.com/in/dweisburd Check out: https://10xcapital.com * Follow Jason: X: ⁠https://twitter.com/jason⁠ Instagram: ⁠https://www.instagram.com/jason⁠ LinkedIn: ⁠https://www.linkedin.com/in/jasoncalacanis * Check out the Launch Accelerator: https://launchaccelerator.co * Check out Founder University: https://www.founder.university * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups * Subscribe to the Founder University Podcast: https://www.founder.university/podcast

Today’s show: David Weisburd hosts Elizabeth Yin, Zach Coelius, and Jason Calacanis to discuss trends in venture capital, including the growth of fund sizes, the resurgence of the Bay Area, the decrease in capital efficiency, the rise in unicorn companies but lack of liquidity, and top recent investments! * Timestamps: (0:00) David Weisburd hosts Elizabeth Yin, Zach Coelius, and Jason Calacanis to dive into the state of venture funds (2:32) Venture funds are growing in size despite the slow market (9:11) Exploring the performance: smaller funds vs. larger funds (25:44) Hustle Fund’s quantitative approach to evaluating startups (30:18) Is the Bay Area officially back? (40:24) Number of unicorns has increased but liquidity has decreased (46:25) The decline in capital efficiency over the past decade (52:40) Rapid-fire segment on top recent investments * LINKS: ⁠https://www.wsj.com/articles/pro-take-why-venture-fund-sizes-rose-despite-the-slow-market-fd4c4677⁠ ⁠https://www.cowboy.vc/news/welcome-back-to-the-unicorn-club-10-years-later⁠ * Follow Elizabeth X: ⁠https://twitter.com/dunkhippo33⁠ LinkedIn: ⁠https://www.linkedin.com/in/elizabethyin/⁠ Check out: ⁠https://hustlefund.vc⁠ Check out: ⁠https://letsgo.hustlefund.vc/raise-millions⁠ Check out: ⁠Bruinhealth.com⁠ Check out: ⁠Goafterwork.com⁠ * Follow Zach X:  ⁠https://twitter.com/zachcoelius⁠ LinkedIn: ⁠https://www.linkedin.com/in/zachcoelius/⁠ Check out: ⁠https://coelius.vc/⁠ Check out: ⁠Echomark.com⁠ Check out: ⁠Findbugzero.com⁠ * Follow David X:  ⁠https://twitter.com/DWeisburd⁠ LinkedIn: ⁠https://www.linkedin.com/in/dweisburd/⁠ Check out: ⁠https://10xcapital.com/⁠ * Follow Jason: X: ⁠⁠https://twitter.com/jason⁠⁠ Instagram: ⁠⁠https://www.instagram.com/jason⁠⁠ LinkedIn: ⁠⁠https://www.linkedin.com/in/jasoncalacanis⁠ Check out: ⁠Podcast.ai⁠ Check out: ⁠Zestapp.co⁠ Check out: ⁠getriver.io⁠ * Great 2023 interviews: ⁠Steve Huffman⁠, ⁠Brian Chesky⁠, ⁠Aaron Levie⁠, ⁠Sophia Amoruso⁠, ⁠Reid Hoffman⁠, ⁠Frank Slootman⁠, ⁠Billy McFarland⁠ * Check out Jason’s suite of newsletters: ⁠https://substack.com/@calacanis⁠ * Follow TWiST: Substack: ⁠https://twistartups.substack.com⁠ Twitter: ⁠https://twitter.com/TWiStartups⁠ YouTube: ⁠https://www.youtube.com/thisweekin⁠ Instagram: ⁠https://www.instagram.com/thisweekinstartups⁠ * Subscribe to the Founder University Podcast: ⁠https://www.founder.university/podcast⁠ * Subscribe to This Week in Startups on Apple: ⁠⁠https://rb.gy/v19fcp⁠

Today’s show: David Weisburd hosts Jason Shuman, Raja Doddala, and Jason Calacanis to dive into 2024 startup valuation trends, insights on how VCs can secure great deals in a competitive market, a detailed look at secondary deals, and more! * Timestamps: (0:00) David Weisburd hosts Jason Shuman, Raja Doddala Jason Calacanis to dive into the world of VCs, LPs and GPs (00:45) A look at the encouraging trends in startup valuations as we head into 2024 (4:13) Delving into the intricacies of current valuation methods and key aspects investors should be cautious about (8:00) Examining the balance of demand and supply in the seed funding stage of new startups (12:39) Insights on how venture capitalists can secure the most sought-after deals in today's competitive market (19:12) Discussion about M.A.N.G., a rising player in the venture capital scene (25:39) Exploring the unique and often controversial practice of round-tripping in the venture capital industry (31:40) A detailed look at Lexington's successful raising of $22.7 million in secondary investments (37:38) Benchmark for when to consider selling out of positions (43:34) Approaches to portfolio construction and follow-on investments (52:40) Observing the recent increase in mergers and acquisitions activity within the industry * Subscribe to This Week in Startups on Apple: ⁠https://rb.gy/v19fcp⁠ * Check out Churchill Asset Management here: ⁠https://www.churchillam.com/⁠ Check out Primary Ventures here: ⁠https://www.primary.vc/⁠ Check out David’s other podcast here: ⁠https://www.youtube.com/channel/UCncFI0XEvTu7k4er6BgVN9g⁠ * Follow at: X: ⁠https://twitter.com/JasonrShuman⁠ ⁠https://twitter.com/rdoddala⁠ ⁠https://twitter.com/DWeisburd⁠ ⁠https://twitter.com/Jason⁠ * LinkedIn: ⁠https://www.linkedin.com/in/dweisburd⁠ ⁠https://www.linkedin.com/in/jasoncalacanis⁠ ⁠https://www.linkedin.com/in/rajadoddala⁠ ⁠https://www.linkedin.com/in/jasonshuman/⁠ * Great 2023 interviews: ⁠Steve Huffman⁠, ⁠Brian Chesky⁠, ⁠Aaron Levie⁠, ⁠Sophia Amoruso⁠, ⁠Reid Hoffman⁠, ⁠Frank Slootman⁠, ⁠Billy McFarland⁠ * Check out Jason’s suite of newsletters: ⁠https://substack.com/@calacanis⁠ * Follow TWiST: Substack: ⁠https://twistartups.substack.com⁠ Twitter: ⁠https://twitter.com/TWiStartups⁠ YouTube: ⁠https://www.youtube.com/thisweekin⁠ * Subscribe to the Founder University Podcast: ⁠https://www.founder.university/podcast

(0:00) David Weisburd, Michael Kim, and Jason Calacanis dive into the world of LPs and GPs (1:07) Exploring doubts LPs may have about how VCs are marking startups (6:08) Jason's strategy as an LP in funds and the search for a universal gold standard in LP benchmarks (8:39) Why LPs might be incentivized to allow markups from GPs (11:13) LP portfolio management best practices (17:25) Evaluating different GP strategies for secondary deals (22:05) Comparing "idealistic" and "pragmatic" fund manager archetypes, and what the right number is for a founder to sell in secondary (30:00) Breaking down Keith Rabois leaving Founders Fund to return to Khosla Ventures (38:34) Challenges and responsibilities of starting a new venture firm (42:59) Bill Ackman’s crusades, how LPs look at backing outspoken GPs X: https://twitter.com/Jason https://twitter.com/MKRocks https://twitter.com/DWeisburd LinkedIn: https://www.linkedin.com/in/jasoncalacanis https://www.linkedin.com/in/michael-kim-cendana-capital https://www.linkedin.com/in/dweisburd

A message from Jason: We are excited to announce that we're rebranding our Angel Podcast and our yearly Angel Summit event as LIQUIDITY.  While I started as an angel investor and Scout, I've invested out of venture funds for the past decade. Our fund sizes have increased over time, and we're a 20+ person team at LAUNCH (my venture firm). Our investor base started with individual investors but has grown to include more institutions.  So, the event and podcast have expanded their mandate as well.  The LIQUIDITY podcast will feature a rotating cast of guests, including general partners, limited partners, public market investors, and angel investors.  You can subscribe to LIQUIDITY on Spotify, Apple Podcasts, and YouTube.  The LIQUIDITY event will be in Napa from June 2nd to 4th. We will open registration shortly. Stay tuned for more, and thanks for subscribing!