How LPs identify top emerging fund managers with Slipstream’s Alex Edelson | E1898

This Week in Startups is brought to you by… LinkedIn Ads. To redeem a $100 LinkedIn ad credit and launch your first campaign, go to http://linkedin.com/angelpod Ketone-IQ is a clean energy boost without sugar or caffeine. Get 30% off your first subscription order of Ketone-IQ at http://hvmn.com/TWIST Uizard. Struggling to transform innovative ideas into concrete product designs? Uizard can help you turn your visions into polished UI designs in a fraction of the time, while enhancing collaboration across your entire team. Get 25% off Uizard Pro for an entire year at uizard.io/twist * Todays show: Alex Edelson of Slipstream Investors joins Jason to discuss fund of funds and their place in the venture ecosystem (1:28), ownership in relation to fund size (8:34), picking winners (25:08), generating liquidity for LPs (40:08), and much more! * Timestamps: (0:00) Slipstream Investor’s Alex Edelson joins Jason (1:28) Alex explains what a fund of funds is and why people choose to invest in fund of funds rather than invest directly (8:34) Why early stage funds overperform and ownership in relation to fund size (11:48) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://linkedin.com/angelpod (13:09) What Alex looks for when picking venture funds, ownership, and why people invest in fund of funds cont. (19:49) Evaluating ability to compete for deals at seed vs pre-seed stage (23:55) Ketone-IQ - Get 30% off your first subscription order of Ketone-IQ at http://hvmn.com/TWIST (25:08) Picking winners: Identifying promising companies early and tracking them (39:01) Uizard - Get 25% off Uizard Pro for an entire year at http://uizard.io/twist (40:08) Generating liquidity for LPs and picking emerging fund managers (56:47) Competing for deals at the seed stage, the differentiation between pre-seed and seed, and deciding when to double-down (1:01:41) Alex turns the tables and asks Jason some questions. But, first why is optimal fund size important? * Follow Alex X: https://twitter.com/asedelson Check out Slipstream Investors: https://www.slipstreaminvestors.com/ * Follow Jason: X: ⁠https://twitter.com/jason⁠ Instagram: ⁠https://www.instagram.com/jason⁠ LinkedIn: ⁠https://www.linkedin.com/in/jasoncalacanis * Thank you to our partners: (11:48) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://linkedin.com/angelpod (23:55) Ketone-IQ - Get 30% off your first subscription order of Ketone-IQ at http://hvmn.com/TWIST (39:01) Uizard - Get 25% off Uizard Pro for an entire year at http://uizard.io/twist * Check out the Launch Accelerator: https://launchaccelerator.co * Check out Founder University: https://www.founder.university * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups * Subscribe to the Founder University Podcast: https://www.founder.university/podcast