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Today’s show:
Joshua Berkowitz joins Jason discuss the critical role of LPs in venture capital, his family office's diversification into the field (4:37), strategies for evaluating and selecting fund managers (14:26), and the intricacies of fund management and fundraising (30:41).
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Timestamps:
(0:00) Berkocorp’s Joshua Berkowitz joins Jason
(4:37) Why family offices diversify into venture capital - higher returns, high dispersion of returns, and the entrepreneurial aspect
(9:32) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/twist
(10:59) Evaluating emerging managers - looking for exceptional strategies and execution
(14:26) Decision making processes at venture firms - consensus vs individual decision-making.
(19:56) What a VC fund has to do to be successful
(25:48) Northwest Registered Agent - Get a 60% discount on your next LLC at http://northwestregisteredagent.com/twist
(26:41) Pros and cons of GPs being very vocal/political on social media
(30:41) Quick disqualifications when evaluating new VC funds and challenges with GP "tourism"
(34:59) LinkedIn Marketing - Get a $100 LinkedIn ad credit at http://linkedin.com/angelpod
(36:20) What kills companies - "likely winners" vs "definitive winners"
(58:42) Clarity in the process for GPs raising funds from LPs
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Check out: https://www.berkocorp.ca/
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Thanks to our partners:
(9:32) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/twist
(25:48) Northwest Registered Agent - Get a 60% discount on your next LLC at http://northwestregisteredagent.com/twist
(34:59) LinkedIn Marketing - Get a $100 LinkedIn ad credit at http://linkedin.com/angelpod
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Follow at:
X:
https://twitter.com/berkowitz_josh
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LinkedIn:
https://www.linkedin.com/in/jasoncalacanis
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Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland
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