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Today’s show:

Michael Kim joins David Weisburd and Jason Calacanis to discuss doubts LPs have about valuations (2:43), managing a portfolio and collaborating effectively with entrepreneurs (13:44), a close look at Keith Rabois' move from Founders Fund back to Khosla Ventures (35:15), and more!

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Timestamps:

(0:00) David Weisburd hosts Michael Kim and Jason Calacanis to dive into the world of VCs, LPs and GPs.

(2:43) Delving into doubts LPs may have about venture funds' startup valuations.

(7:51) Exploring Jason's strategy as an LP in funds and the search for a universal gold standard.

(10:14) Discussing why LPs might be motivated to inflate valuations for perks like annual bonuses.

(12:49) Northwest Registered Agent - Get a 60% discount on your next LLC at http://www.northwestregisteredagent.com/twist

(13:44) Jason shares his insights on managing a portfolio and collaborating effectively with entrepreneurs.

(16:00) Michael delves into the best practices they follow at Cendana for portfolio management.

(19:57) Michael outlines what he expects from LPs in secondary market dealings.

(22:40) Offering sage advice and personal stories on why not to sell your entire stake.

(24:37) DevSquad - Get an entire product team for the cost of one US developer plus 10% off at http://www.devsquad.com/twist

(25:44 ) Comparing idealistic dreamers and pragmatic investor-type fund managers.

(28:04) The group shares their views on acceptable founder payouts.

(33:39) OpenPhone - Get 20% off your first six months at http://www.openphone.com/twist

(35:15) A close look at Keith Rabois' move from Founders Fund back to Khosla Ventures.

(44:52) Addressing the challenges and responsibilities of starting a new firm.

(48:08) Bill Ackman’s warpath against Business Insider.

(59:20) Hear about the new podcast branding and concept!

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Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp

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Check out:

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

10X Capital: https://www.10xcapital.com/

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Thanks to our partners:

(12:49) Northwest Registered Agent - Get a 60% discount on your next LLC at http://www.northwestregisteredagent.com/twist

(24:37) DevSquad - Get an entire product team for the cost of one US developer plus 10% off at http://www.devsquad.com/twist

(33:39) OpenPhone - Get 20% off your first six months at http://www.openphone.com/twist

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X:

https://twitter.com/MKRocks

https://twitter.com/DWeisburd

https://twitter.com/Jason

LinkedIn:

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

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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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Follow TWiST:

Substack: https://twistartups.substack.com

Twitter: https://twitter.com/TWiStartups

YouTube: https://www.youtube.com/thisweekin

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Subscribe to the Founder University Podcast: https://www.founder.university/podcast

Michael Kim, Jason Calacanis, and David Weisburd on VC marks, Rabois leaving FF for Khosla, and more | E1879

This Week in Startups