20VC: The 10 Question Framework a $217BN Manager Uses to Make Investment Decisions | Lessons from Turning Down Stripe, Coinbase and Losing Money on Northvault | The Bull Case for Bytedance | How Anduril Could Be a $200BN Company with Peter Singlehurst | The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch | Podwise
20VC: The 10 Question Framework a $217BN Manager Uses to Make Investment Decisions | Lessons from Turning Down Stripe, Coinbase and Losing Money on Northvault | The Bull Case for Bytedance | How Anduril Could Be a $200BN Company with Peter Singlehurst
This podcast features an interview with Peter Singlehurst, Head of Private Companies at Baillie Gifford, discussing his investment strategies and insights into the private equity market. The conversation covers topics such as the advantages of extended private company lifespans, risk assessment methodologies (including a "10 questions framework"), and the challenges of navigating market valuations and liquidity in growth-stage companies. Singlehurst highlights Baillie Gifford's preference for founder-led companies and their focus on identifying businesses with strong, long-term competitive advantages, exemplified by their investments in companies like Wise and Bending Spoons. Listeners gain insights into the evolving landscape of private equity, including the increasing role of large secondary rounds and the potential for a more consolidated, professionalized market.
