Follow me

How To Disrupt The Investing Business, With Katina Stefanova (Ex-Bridgewater Management Committee)

I had a conversation recently about the investing business with Katina Stefanova, who recently left Bridgewater, the largest hedge fund in the world. I’ve always had great respect for Bridgewater, which unlike most investing organizations realizes just how critical processes and culture are to [...continue reading]

How Startups are Disrupting Financial Technology

I participated in the Milken Institute Global Conference last week, for the first time.  It was very worthwhile, a chance to connect primarily with other investors (mostly public markets/private equity), and a range of other people (media, tech, academics, etc.)   I definitely recommend attending if [...continue reading]

Why Some Investors Are Happy with Lousy Returns

My recent post on “Asset Management is a Bizarre Industry Ripe for Disruption” got one of the most interesting reactions I’ve received.  Among the more thoughtful respondents was Terri Chernick, Chief Investment Officer, The Koffler Group.  We had an email conversation about the rationality, or lack [...continue reading]

Where are the Deals? How VCs Identify the Next Generation of Startups

You’ve probably read dozens of articles about how to raise capital from venture capitalists. However, as a VC, we have the opposite problem: how do we find companies in which to invest? It might appear that origination is becoming much easier because of new tools like AngelList and the SEC moving [...continue reading]

Asset Management Is A Bizarre Industry Ripe For Disruption

Since I became an institutional investor, my #1 learning is: this is a highly unusual and somewhat baffling industry.  Asset management also shows the traditional earmarks of an industry ripe for disruption -- most obviously, unhappy customers and extremely profitable incumbents.  Despite this, [...continue reading]

Turning the Tables: How to Make Venture Capitalists Pitch You

I’m returning to Capital on Stage this fall in New York. Last year, 19 other VC fund Partners and I pitched to 170 attendees; this year the conference organizers expect a similar turnout. You can see online my own pitch and all the other VCs pitching last year in NY  . To attend, apply via the [...continue reading]

Pages: 1 2

High Returns On A Small Fund Challenge Low Returns On A Big Fund

I previously posted this on Techcrunch. Let’s say you decide to invest in a VC fund.  Congratulations: you’re now supporting the least unpopular part of the investing industry.  That said, how do you avoid suffering the poor median returns the industry is known for? Assuming you have a large [...continue reading]

Inaugural Investor Day @ FinTech Innovation Lab

This is a guest post from our intern Franklin Bi . On Friday morning, I witnessed another volley of shots being fired from New York City at Palo Alto during FinTech Innovation Lab's Inaugural Investor Day. The Lab is a collaboration between the New York City Investment Fund and Accenture, with [...continue reading]