sponsored by
Gusto is easy online payroll, benefits, and HR built for modern small businesses. Get three months free when you run your first payroll at Gusto.com/twist.
Masterworks. The first company allowing investors exposure into the blue-chip artwork asset class. TWIST listeners can skip the 25,000 person waitlist by going to Masterworks.io and using promo code TWIST.
Dell for Entrepreneurs. Now is the perfect time to upgrade that home office or refresh your data center. Twist listeners get up to 40% off select products with an exclusive Black Friday sneak peek at launch.co/dell. While you’re there, sign up for a free IT Consultation.
about this episode
Check out Capital Allocators: https://capitalallocatorspodcast.com
FOLLOW Ted: https://twitter.com/tseides
FOLLOW Jason: https://linktr.ee/calacanis
Listen here…
Apple: https://podcasts.apple.com/us/podcast/this-week-in-startups-audio/id315114957
Spotify: https://open.spotify.com/show/6ULQ0ewYf5zmsDgBchlkr9
Overcast: https://overcast.fm/itunes315114957/this-week-in-startups-audio
Show notes:
0:00 Start
1:12 Jason talks about his favorite podcasts & intros Capital Allocators host Ted Seides
3:50 Ted’s background, starting Capital Allocators Podcast
6:19 What is a capital allocator & where did capital allocation start?
10:16 Gusto – Get three months free when you run your first payroll at https://www.gusto.com/twist
11:36 Working for David Swensen at Yale, how endowment managers think about illiquidity
16:32 Why have endowments gotten so large? How do they work & how have they changed over the years?
22:14 Masterworks – Skip the 25,000 person waitlist by going to https://www.masterworks.io and using promo code TWIST
24:00 Ted’s new book, magic of podcasting from an expert’s perspective
28:38 How do endowment managers get compensated & what motivates them? Skill differences between hedge funds & endowments
36:04 Dell – Get up to 40% off select products with an exclusive Black Friday sneak peek at https://www.launch.co/dell
37:42 Capital allocators responding to the pandemic & adjusting to remote investing
44:18 How endowments evaluate new fund managers & why they move on from funds, going deep on LP turnover
50:17 What % of endowments should be allocated to venture capital? How endowments view SPACs & companies going public earlier
1:00:43 Public markets are typically non-receptive to cashflow negative businesses regardless of growth, how endowments view the current extremes in the public markets
1:08:06 ESG investing, diversity issues in asset management, microfunds, how younger generations of investors are trying to fix these issues
1:19:49 Big Tech being greedy on the margins
Subscribe to TWiST Clips for all the best moments… https://www.youtube.com/channel/UCS7tJlcUA6PzVHEMo-X7ddg
more episodes
comment