Apurva Mehta and Jack Altman on Sam Altman, CalPERS, and Liquidation Preferences | E1927

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Todays show:

David Weisburd hosts Apurva Mehta, Jack Altman, and Jason Calacanis to discuss Sam Altman’s huge investment wins (2:34), the role of SPVs (13:19), CalPERS increasing their exposure to venture (26:19), and liquidation preferences (45:56).

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Timestamps:

(0:00) David Weisburd intros Apurva Mehta, Jack Altman, and Jason Calacanis

(2:34) Reddit's IPO and Sam Altman's investment success

(5:48) Apurva's investment strategy and thoughts on fund size and portfolio strategy

(11:50) DevSquad - Get an entire product team for the cost of one US developer plus 10% off at http://devsquad.com/twist

(13:19) The role of SPVs and the importance of trust in the investment ecosystem

(24:53) Marketing Against the Grain ⁠https://www.youtube.com/watch?v=xHrjktuM1Dc

https://lnk.to/h3vKHnTW

(26:19) CalPERS and pension funds increasing their exposure to venture capital and private equity

(28:11) Is it a good time to invest in venture?

(41:48) Gelt. It’s time to take control over your taxes. Visit https://joingelt.com/twist now

(43:02) Fundraising and decision-making processes

(45:56) Higher liquidation preferences at the later stage

(55:49) Rapid fire segment on recent investments

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Mentioned on the show:

https://www.retellai.com

https://www.heygen.com

https://www.owner.com

https://www.foundationhealth.com

https://peregrine.io

https://www.marvl.io

https://getprops.ai

https://www.arkitask.ai

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Follow Apurva:

X: https://twitter.com/mehtaaapurva

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

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Follow Jack:

X: https://twitter.com/jaltma

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

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Follow David:

X: ⁠https://twitter.com/DWeisburd⁠

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

Check out: ⁠https://10xcapital.com

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Follow Jason:

X: https://twitter.com/Jason

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

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Thank you to our partners:

(11:50) DevSquad - Get an entire product team for the cost of one US developer plus 10% off at http://devsquad.com/twist

(24:53) Marketing Against the Grain ⁠https://www.youtube.com/watch?v=xHrjktuM1Dc

https://lnk.to/h3vKHnTW

(41:48) Gelt. It’s time to take control over your taxes. Visit https://joingelt.com/twist now

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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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Check out Jason’s suite of newsletters: https://substack.com/@calacanis

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