E76: How FirstLook Picks the Top 10% of Venture Funds

Josh Porter, Co-Founder & General Partner at FirstLook Partners, sits down with David Weisburd to discuss FirstLook’s process for evaluating and selecting emerging managers.

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Show Notes

Josh Porter, Co-Founder & General Partner at FirstLook Partners, sits down with David Weisburd to discuss FirstLook’s process for evaluating and selecting emerging managers. They also cover typical terms for co-invest, managing conflicts of interest, and the importance of strong personal relationships in venture capital.

The 10X Capital Podcast is part of the Turpentine podcast network. Learn more: turpentine.co

X / Twitter:

@joshdotporter (Josh Porter)

@1stLookPartners (FirstLook Partners)

@dweisburd (David Weisburd)

LinkedIn:

Josh Porter: https://www.linkedin.com/in/joshuasporter/

FirstLook Partners: https://www.linkedin.com/company/firstlookpartners/

David Weisburd: https://www.linkedin.com/in/dweisburd/

LINKS:

FirstLook Partners: https://www.firstlookpartners.com/

NEWSLETTER:

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Questions or topics you want us to discuss on The 10X Capital Podcast? Email us at david@10xcapital.com

TIMESTAMPS:

(0:00) Episode preview

(0:11) FirstLook’s strategy

(1:12) Co-investment dynamics

(3:06) Typical co-invest terms

(4:33) Managing conflicts of interest

(6:24) Impact of personal background on investment decisions

(9:10) Fostering relationships and trust in venture capital

(11:28) Importance of trust and honesty in VC

(12:27) Key criteria for selecting managers

(15:33) 10X Capital Podcast Newsletter