How to position your cap table ahead of an IPO
Apurva Mehta and Jack Altman on Sam Altman, CalPERS, and Liquidation Preferences | E1927How to position your cap table ahead of an IPO
Apurva Mehta and Jack Altman on Sam Altman, CalPERS, and Liquidation Preferences | E1927This Week in Startups is brought to you by…
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Todays show:
David Weisburd hosts Apurva Mehta, Jack Altman, and Jason Calacanis to discuss Sam Altman’s huge investment wins (2:34), the role of SPVs (13:19), CalPERS increasing their exposure to venture (26:19), and liquidation preferences (45:56).
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Timestamps:
(0:00) David Weisburd intros Apurva Mehta, Jack Altman, and Jason Calacanis
(2:34) Reddit's IPO and Sam Altman's investment success
(5:48) Apurva's investment strategy and thoughts on fund size and portfolio strategy
(11:50) DevSquad - Get an entire product team for the cost of one US developer plus 10% off at http://devsquad.com/twist
(13:19) The role of SPVs and the importance of trust in the investment ecosystem
(24:53) Marketing Against the Grain https://www.youtube.com/watch?v=xHrjktuM1Dc
(26:19) CalPERS and pension funds increasing their exposure to venture capital and private equity
(28:11) Is it a good time to invest in venture?
(41:48) Gelt. It’s time to take control over your taxes. Visit https://joingelt.com/twist now
(43:02) Fundraising and decision-making processes
(45:56) Higher liquidation preferences at the later stage
(55:49) Rapid fire segment on recent investments
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Mentioned on the show:
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Follow Apurva:
X: https://twitter.com/mehtaaapurva
LinkedIn: https://www.linkedin.com/in/apurvaamehta/
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Follow Jack:
LinkedIn: https://www.linkedin.com/in/jackealtman/
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Follow David:
X: https://twitter.com/DWeisburd
LinkedIn: https://www.linkedin.com/in/dweisburd
Check out: https://10xcapital.com
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LinkedIn: https://www.linkedin.com/in/jasoncalacanis
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Thank you to our partners:
(11:50) DevSquad - Get an entire product team for the cost of one US developer plus 10% off at http://devsquad.com/twist
(24:53) Marketing Against the Grain https://www.youtube.com/watch?v=xHrjktuM1Dc
(41:48) Gelt. It’s time to take control over your taxes. Visit https://joingelt.com/twist now
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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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