Published Feb 4, 2021

20VC: Why VCs Should Care More About Cost of Capital and Less About Ownership, Investing Lessons from working with Peter Thiel at Founders Fund, Why Liquidity Aligns Incentives Between Founders and Investors & Why It Is The Last Double That Matters in Ven

Justin Fishner-Wolfson delves into innovative venture capital strategies, stressing the importance of cost of capital and strategic liquidity over traditional ownership models to improve investor relationships. He shares valuable insights from his experience at Founders Fund, addressing market dynamics, SPAC impacts, and the necessity of educating investors on long-term commitments.

Episode Highlights

Topics covered

Venture Capital Dynamics
01
Investment Strategies
02
Liquidity and Incentives
03

Episode Highlights

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Dexa/Harry Stebbings

20VC: Why VCs Should Care More About Cost of Capital and Less About Ownership, Investing Lessons from working with Peter Thiel at Founders Fund, Why Liquidity Aligns Incentives Between Founders and Investors & Why It Is The Last Double That Matters in Ven

Topics covered

Popular Clips

Rethinking Ownership in VC

Investing Insights

SpaceX Investment Journey

Exciting HR Investment

Venture Journey

Rethinking Equity Contracts

Thought-Provoking Conversations

SPACs Landscape Insight

Timing Liquidity Events

Pricing Strategies

Venture Capital Trends

Aligning Incentives

Founder vs. Market

Portfolio Diversification Insights

Episode Highlights

Venture Capital Dynamics

Investment Strategies

Liquidity and Incentives

Related Episodes

20VC: Investing Lessons from Fred Wilson and Why Small Funds Outperform Large Funds | Why the Secret to Winning in Venture is Splitting Deals |Learnings From the Biggest Hits and Biggest Losses | Why Anyone That Always Does Their Pro-Rata is Wrong with Mo

20VC: Why Founders Should Take as Many VC Meetings as Possible, Should Founders Meet Associates, How to Get Intros to the Best VCs, How To Extract the Most Value From Your Investors, Why Post IPO Operators Are the Best Angels with Sam Corcos @ Levels

20VC: 27 Years of Investing Lessons on Picking Founders, Price Discipline, Reserves and Selling Positions | Can Seed Investors Compete with Multi-Stage Venture Firms | Why Returns Will Not Worsen Moving Forward with Peter Wagner, Founder @ Wing

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20VC: Why VC Returns Will Get Worse, Why LP Incentive Structures are so Broken, What is the Answer to Liquidity with No M&A or IPOs, When to Sell vs Hold Your Winners & Turning $5M into $250M with The Trade Desk | Roger Ehrenberg, Eberg Capital

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20VC: Lessons from 32 Years of Fund Investing | Why Exits Will Be Larger & Funds Sizes Bigger | Top Reasons to Turn Down Potential Fund Investments | Fees, Carry, Deployment Pace; What Do LPs Inspect When Fund Investing with David Clark, CIO @ Vencap

20VC: Why VCs Should Care More About Cost of Capital and Less About Ownership, Investing Lessons from working with Peter Thiel at Founders Fund, Why Liquidity Aligns Incentives Between Founders and Investors & Why It Is The Last Double That Matters in Ven

Topics covered

Popular Clips

Episode Highlights

Venture Capital Dynamics

Investment Strategies

Liquidity and IncentivesJustin Fishner-Wolfson discusses the strategic timing of liquidity events to align incentives between founders and investors. He also explores the impact of SPACs on the market and the challenges of educating Limited Partners about long-term private investments.

Liquidity and Incentives

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