Raja Doddala, Head of VC at Churchill Asset Management, sits down with David Weisburd to discuss how Churchill diligences managers, and the importance of integrity in a GP. 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:
@rdoddala (Raja)
@dweisburd (David)
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LINKS:
Churchill: https://www.churchillam.com/
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SPONSOR: Bidav Insurance Group
The Limited Partner Podcast is proudly sponsored by Bidav Insurace Group.
Today's episode is sponsored by Bidav Insurance Group. Bidav Insurance Group is run by my close friend, Amit 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. Amit 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 Amit 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 Amit at amit@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
(00:00) Episode Preview
(01:53) Churchill background
(03:08) Pulling the curtain back on the IC process
(05:24) The quantitative and qualitative nature of Venture
(07:00) The importance of integrity in a manager
(10:33) The correlation between price sensitivity and DPI
(13:22) Right companies. Right time.
(14:17) Episode Sponsor: Bidav Insurance Group
(15:15) How Venture fits in a portfolio
(17:57) Smaller fund historically have better returns
(18:53) Raja’s ideal fund
(19:57) Khosla’s bet on OpenAI
(20:55) Why Vinod Khosla is a great VC
(21:52) Why Keith Rabois is a great VC
(22:39) Operator vs Non-Operator
(23:08) Specialist vs Generalist
(26:02) Opportunity funds and staples
(26:56) Doubling down on outliers through co-investments
(29:23) How Churchill supports their GPs
(37:22) “We’re open for business”
