David Friedberg sits down with David Weisburd to discuss the role of concentrated capital, venture capital's future, and the impact of capital saturation. Friedberg shares his experience joining Ohalo, the evolution of investment strategy, and the transition from VC to operator. We’re proudly sponsored by Bidav Insurance Group, visit lux-str.com if you’re ready to level up your insurance plans.
The Limited Partner podcast is part of the Turpentine podcast network. Learn more: turpentine.co
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X / Twitter:
@friedberg (David Friedberg)
@dweisburd (David Weisburd)
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Newsletter:
By popular demand, we’ve launched the Limited Partner newsletter, which offer’s this week’s venture capital and limited partner news in digestible news bites delivered straight to your email. To subscribe please visit: www.limitedpartnerpodcast.com
The Limited Partner Podcast Newsletter is powered by Ikaria Labs, a full-service content marketing firm that partners with the top funds, fintechs, and financial services firms to grow their investor communities. To learn more, visit: ikarialabs.xyz
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LINKS:
Ohalo Genetics: https://ohalogenetics.com/
The Production Board: https://www.tpb.co/
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SPONSOR: Bidav Insurance Group
The Limited Partner Podcast is proudly sponsored by Bidav Insurance Group.
Today's episode is sponsored by Bidav Insurance Group. Bidav Insurance Group is run by my close friend, Ahmet Bidav, who insures me both personally and at the corporate level.
Most people are not aware of the inherent conflicts in insurance, where insurance agents are incentivized to send their clients to the most expensive option. Ahmet has always been an incredible partner to me and 10X Capital, driving down our fees considerably while providing a premium solution. I am proud to personally endorse Ahmet and I ask that you consider using Bidav Insurance Group for your next insurance need, whether it be D&O, cyber, or even personal, car, and home insurance.
You could email Ahmet at ahmet@luxstr.com.
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Questions or topics you want us to discuss on The Limited Partner podcast? Email us at david@10xcapital.com
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TIMESTAMPS
(0:00) Venture performance vs public company investment
(1:29) Guest Introduction: David Friedberg's career journey
(5:03) Google's approach to innovation and big thinking
(10:10) Discussion: The scarcity of great thinkers and the implications of missing out on audacious bets
(14:12) The role of concentrated capital in venture capital and the challenge of taking big risks
(16:41) Sponsor: Bidav Insurance Group
(18:17) Predictions for the future of venture capital and the impact of capital saturation
(22:52) Joining Ohalo and the power law of returns in venture capital
(31:43) The evolution of portfolio construction and investment strategy
(37:21) Addressing global food security through genomics and plant editing
(42:07) Transition from VC to operator: pros and cons
(46:38) Embracing risk and the need for technically challenging bets
(48:01) Limited Partner Podcast Newsletter and closing remarks
