E34: Aakar Vachhani Fairview on What The Top 1% of GPs Share in Common

Aakar Vachhani sits down with David Weisburd to discuss the role of data in venture capital, Fairview's unique structure, and their co-investment program. They also delve into the discipline of making investment decisions, the advantages of a fund of funds, and the importance of team cohesion in VC firms. Vachhani also shares best practices for data rooms and advice for LPs as Fairview celebrates its 30th anniversary.

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@Aakar15 (Aakar)

@dweisburd (David)

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TIMESTAMPS

(0:00) Introduction and Aakar Vachhani's background

(1:43) The role of data in decision making and returns in venture capital

(6:55) Fairview's history, unique structure, and co-investment program

(15:58) The discipline and strategy in making investment decisions

(20:18) The advantages and arguments for a fund of funds

(26:50) Qualitative factors and enduring culture in venture capital firms

(33:30) Re-investing in tenured firms and the diligence process for emerging managers

(39:44) The importance of team cohesion and the ability to adapt in VC firms

(42:41) Best practices for data rooms and creating an ideal emerging manager deck

(53:23) Continual engagement with GPs and adjusting investment strategies for potential risk