Michael Kim, Jason Calacanis, and David Weisburd on VC marks, Rabois leaving FF for Khosla, and more | E1879
Michael Kim joins David Weisburd and Jason Calacanis to discuss doubts LPs have about valuations (2:43), managing a portfolio and collaborating effectively with entrepreneurs (13:44), a close look at Keith Rabois' move from Founders Fund back to Khosla Ventures (35:15), and more!
Key Points
- Late-stage venture firms have previously used tactics like offering founder secondaries and additional options post-funding as a competitive strategy to win deals, which can lead to conflicts of interest and short-term thinking by founders.
- Bill Ackman's activist approach extends beyond his investment strategies, leading him to publicly defend his family and engage in broader societal debates, which can influence his public persona and the perception of his professional focus.
- LPs may reconsider their investments in venture funds based on the actions and values of the institutions they are ultimately funding, including universities and sovereign wealth funds, reflecting a nuanced decision-making process influenced by ethical and societal considerations.
Chapters
0:00 | |
2:43 | |
7:51 | |
10:14 | |
12:49 | |
13:44 | |
19:57 | |
24:37 | |
25:44 | |
33:39 | |
35:15 | |
44:52 | |
48:08 |
Transcript
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