E2: Jordan Stein | How Cresset Partners Raised $40B, Invested in Andreessen Horowitz + Founders Fund
from How I Invest with David Weisburd
by David Weisburd
Published: Mon Jul 24 2023
Show Notes
This podcast is proudly sponsored by Angellist. Visit www.angellist.com/tlp if you’re ready to level up your startup or fund.
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The Limited Partner Podcast is part of the Turpentine podcast network. Learn more: Turpentine.co
X:
- @dweisburd (David)
- @eriktorenberg (Erik)
- @cresset_capital (Cresset)
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SPONSOR:
The Limited Partner Podcast is proudly sponsored by AngelList. -If you’re in private markets, you’ll love AngelList’s new suite of software products. -for private companies, thousands of startups from $4M to $4B in valuation have switched to AngelList for cap table management. It’s a modern, intelligent, equity management platform that offers equity issuance, employee stock plan management, 409A valuations, and more. -If you’re a founder or investor, you’ll know AngelList builds software that powers the startup economy. If you’re ready to level-up your startup or fund with AngelList, visit www.angellist.com/tlp to get started.
(0:00) Episode Preview (1:28) Allocating the venture capital space (5:29) Building his portfolio (8:56) Evaluating emerging managers ()Main mistakes for first-time LPs ()Sponsor: AngelList ()Concerns of VC in 2023()Range of allocators ()Practices and mistakes in co-investing ()Co-invest programs ()Cresset Partners