Josh Porter, Co-Founder & General Partner at FirstLook Partners, sits down with David Weisburd to discuss FirstLook’s process for evaluating and selecting emerging managers. They also cover typical terms for co-invest, managing conflicts of interest, and the importance of strong personal relationships in venture capital.
(0:00) Episode preview
(0:11) FirstLook’s strategy
(1:12) Co-investment dynamics
(3:06) Typical co-invest terms
(4:33) Managing conflicts of interest
(6:24) Impact of personal background on investment decisions
(9:10) Fostering relationships and trust in venture capital
(11:28) Importance of trust and honesty in VC
(12:27) Key criteria for selecting managers
(15:33) 10X Capital Podcast Newsletter
(15:54) Investment diligence and adding value
(20:18) Insight into hiring for venture roles
(21:34) Lessons learned and time management
(23:26) Closing remarks