E1075: Cendana Capital's Michael Kim on investing in Seed funds, would Facebook buy Robinhood & more

Cendana Capital's Michael Kim on investing in Seed funds as a serial LP, Robinhood as an acquisition target, greatest Seed funds of all time & more 0:38 Jason talks about the now fully-virtual LAUNCH Accelerator and intros Cendana Capital's Michael Kim 2:47 What is a fund of funds & why do they exist? History of raising Cendana's first fund 6:06 Portfolio construction of fund of funds 10:19 Why ownership percentage is paramount, ideal ownership % for Seed funds, what makes a great Seed fund manager 17:04 How do fund of funds make money? 18:51 Hedging bets by selling secondary shares to genera…