The Chainsmokers - Music & Markets - [Invest Like the Best, EP.430]

In this episode of Invest Like the Best, Patrick O'Shaughnessy interviews Alex Pall and Drew Taggart, known as The Chainsmokers, about their evolution from musicians to venture capitalists. They discuss their investment philosophy through their fund, Mantis, which mirrors their high-touch, relationship-driven approach from their music careers. The Chainsmokers share insights on backing founders with obsessive visions, managing failure, maintaining intentionality, and the importance of taste in both creative and investment endeavors, drawing parallels between the music industry and venture investing. They also delve into specific examples of their creative process, the challenges of defining success in an age of abundance, and the importance of building a brand and world around their art.