Raja Doddala, Head of VC at Churchill Asset Management, sits down with David Weisburd to discuss how Churchill diligences managers, and the importance of integrity in a GP. We’re proudly sponsored by Bidav Insurance Group, visit lux-str.com if you’re ready to level up your insurance plans.

(0:00) Episode Preview

(1:53) Churchill background

(3:08) Pulling the curtain back on the IC process

(5:24) The quantitative and qualitative nature of Venture

(7:00) The importance of integrity in a manager

(10:33) The correlation between price sensitivity and DPI

(13:22) Right companies. Right time.

(14:17) Episode Sponsor: Bidav Insurance Group

(15:15) How Venture fits in a portfolio

(17:57) Smaller fund historically have better returns

(18:53) Raja’s ideal fund

(19:57) Khosla’s bet on OpenAI

(20:55) Why Vinod Khosla is a great VC

(21:52) Why Keith Rabois is a great VC

(22:39) Operator vs Non-Operator

(23:08) Specialist vs Generalist

(26:02) Opportunity funds and staples

(26:56) Doubling down on outliers through co-investments

(29:23) How Churchill supports their GPs

(37:22) “We’re open for business”