E215: The Pursuit of Uncorrelated Returns in Venture Capital w/Dan Kimerling

This interview podcast features David Weisburd interviewing the founder and managing partner at Deciens Capital about their investment strategies. The discussion covers Deciens Capital's focus on early-stage financial services companies, their approach to portfolio construction using computational simulations, and their emphasis on concentrated portfolios for risk management. The conversation explores how Deciens differentiates itself from other venture funds by aiming for uncorrelated alpha and prioritizing long-term compounding over short-term gains driven by external validation. They also discuss the importance of aligning with LPs and building a team that supports an alternative theory of venture capital, emphasizing authenticity and a focus on creating value for entrepreneurs, their teams, and limited partners.