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Jan 2024
1h 2m

Fund of funds: origins, evolution and de...

Jason Calacanis
About this episode

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Today’s show:

Cendana’s Michael Kim joins Jason for a deep dive on fund of funds, their Strengths and “Achilles heel” (3:32), to examine alpha, beta, and quality indices in early-stage investing (28:38), current market trends, future startup outlook (45:11), and more!

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Timestamps:

(0:00) Michael Kim joins Jason.

(3:32) Overview of Fund of Funds, their Strengths and “Achilles heel”.

(7:01) Attraction factors for investors in pre-seed and seed startups.

(10:42) LinkedIn Marketing -  Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups

(12:04) The rise and definition of “micro VCs” with insights by Michael Kim.

(15:16) How the early seed stage carved a niche and its growing appeal to LPs.

(22:07) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST

(23:12) Fund enablers and the importance of “consistent returns”.

(28:38) Examining alpha, beta, and quality indices in early-stage investing.

(34:21) Lemon.io - Get 15% off your first 4 weeks of developer time at https://www.Lemon.io/twist

(35:29) The significance of portfolio management as networks and building a ‘why' for founders to pick you as an investor.

(41:25) The value and longevity of investor networks.

(45:11) Current market trends, future startup outlook.

(48:08) Things have shifted and Michael explains why seed is the new series-A and pre-seed is the new seed.

(52:10) Demographics of founders seeking investment.

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LINKS

Check out Cendana Capital: https://www.cendanacapital.com/

Watch other episodes with Micheal Kim:

Check out the Liquidity Podcast: LiquidityPod.com

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Follow Michael:

X: https://twitter.com/MKRocks

LinkedIn: https://www.linkedin.com/in/michael-kim-cendana-capital/

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Follow Jason:

X: ⁠https://twitter.com/jason⁠

Instagram: ⁠https://www.instagram.com/jason⁠

LinkedIn: ⁠https://www.linkedin.com/in/jasoncalacanis

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Thank you to our partners:

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(22:07) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at http://www.Squarespace.com/TWIST

(34:21) Lemon.io - Get 15% off your first 4 weeks of developer time at https://www.Lemon.io/twist

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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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