What is DPI and why is it Important in Venture Capital? Insights from Ben Wiener @ Jumpspeed Ventures
Welcome to The Legacy Wealth Podcast where we help accredited business owners become educated & get access to, private investments that the wealthiest investors in the world utilize to grow their net worth. We do this by providing insight & access to successful fund managers & investors across multiple asset classes.
I’m your host, Pascal Wagner, and today we are interviewing Ben Weiner @Jumpspeed Ventures, and we'll diving into:
-The role of skill and ability in achieving consistent high returns.
- The abundance of startups and investors is part of the competitive nature of the ecosystem.
- And the importance of searching for opportunities in the non-consensus quadrant.
Links from this episode:
- If you're looking for highly vetted opportunities to invest in, get access to our deal database of alternative investments & join our investor club at www.getfundbase.com.
- Watch the show on YouTube here: https://youtu.be/g7kjBhgdCIs
Links from our Guest:
- https://www.linkedin.com/in/benwiener/?originalSubdomain=il
- http://benwiener.net/
- https://twitter.com/BeninJLM
- https://www.linkedin.com/company/jumpspeed-ventures/
-https://jumpspeed.co/
Time Stamps:
00:30 - Intro
01:00 - Jumpspeed Ventures' Background
02:30 - Ben explains DPI as cash out versus cash in and its importance in evaluating fund performance.
03:30 - Importance of DPI in measuring the cash returns to investors.
05:45 - Evaluating the actual cash returns from the portfolio and not just the paper value
06:11 - Ben highlights the high risk and failure rate in early-stage startups.
08:00 - The need for professional management in venture capital investing
11:00 - Challenges faced by even professional VC managers in generating consistent high returns.
12:00 - The role of skill and ability in achieving consistent high returns.
12:30 - There are emerging managers who may not have a long track record but show potential for generating high returns.
15:00 - The difficulty of achieving such high returns and the need for a specific edge or angle.
17:00 - The significant growth in the number of venture capital funds raises concerns about investing in the right companies.
18:30 - The abundance of startups and investors is part of the competitive nature of the ecosystem.
20:00 - Networking with successful entrepreneurs can be a valuable source of deal flow for some VCs.
21:07 - Managers need a methodology to evaluate and select investments, which can vary greatly among individuals.
22:46 - Person's methodology for decision-making.
24:05 - Ben shares how reading about other VCs helped him learn and connect with mentors
25:13 - Ben's journey into the venture capital space
26:30 - The challenges of raising capital for startups in Jerusalem.
29:00 - Ben shares his difficulties in raising capital and his unique pitch to LPs.
30:31 - Recognize unique investment opportunities.
31:45 - Ben shares his story as an example of recognizing a golden investment opportunity.
33:30 - Importance of searching for opportunities in the non-consensus quadrant.
34:30 - The rarity of finding non-consensus opportunities.
36:00 - Early success in generating significant returns for initial LPs
37:30 - Criteria for selecting companies to invest in Jerusalem.
38:15 - The inadequacy of current solutions for the identified problem
40:00 - The significance of the team in early-stage investments.
41:00 - Incorporating the insights from the book "Seven Powers" by Hamilton Helmer.
41:28 - The importance of reading and continuous learning in investment analysis.
42:15 - Ensuring alignment between Helmer's strategies and the company being evaluated.
43:19 - Ben Weiner talks about the importance of specific personality traits in a founding team.
45:04 - He explains the importance of the hacker, hipster, and hustler personas in a founding team.
48:04 - Ben shares his transition from team-centric investing to focusing on market and business.
50:15 - The balancing act between different traits and capabilities within the founding team.
51:49 - The importance of failure and the empathy it brings.
53:43 - The importance of building relationships and trust in the investment world.
54:40 - Ben shares his experience of overcoming personal challenges and developing resilience.
55:12 - The importance of maintaining a positive outlook and seeking opportunities in difficult times.
57:55 - Outro
I’m your host, Pascal Wagner, and today we are interviewing Ben Weiner @Jumpspeed Ventures, and we'll diving into:
-The role of skill and ability in achieving consistent high returns.
- The abundance of startups and investors is part of the competitive nature of the ecosystem.
- And the importance of searching for opportunities in the non-consensus quadrant.
Links from this episode:
- If you're looking for highly vetted opportunities to invest in, get access to our deal database of alternative investments & join our investor club at www.getfundbase.com.
- Watch the show on YouTube here: https://youtu.be/g7kjBhgdCIs
Links from our Guest:
- https://www.linkedin.com/in/benwiener/?originalSubdomain=il
- http://benwiener.net/
- https://twitter.com/BeninJLM
- https://www.linkedin.com/company/jumpspeed-ventures/
-https://jumpspeed.co/
Time Stamps:
00:30 - Intro
01:00 - Jumpspeed Ventures' Background
02:30 - Ben explains DPI as cash out versus cash in and its importance in evaluating fund performance.
03:30 - Importance of DPI in measuring the cash returns to investors.
05:45 - Evaluating the actual cash returns from the portfolio and not just the paper value
06:11 - Ben highlights the high risk and failure rate in early-stage startups.
08:00 - The need for professional management in venture capital investing
11:00 - Challenges faced by even professional VC managers in generating consistent high returns.
12:00 - The role of skill and ability in achieving consistent high returns.
12:30 - There are emerging managers who may not have a long track record but show potential for generating high returns.
15:00 - The difficulty of achieving such high returns and the need for a specific edge or angle.
17:00 - The significant growth in the number of venture capital funds raises concerns about investing in the right companies.
18:30 - The abundance of startups and investors is part of the competitive nature of the ecosystem.
20:00 - Networking with successful entrepreneurs can be a valuable source of deal flow for some VCs.
21:07 - Managers need a methodology to evaluate and select investments, which can vary greatly among individuals.
22:46 - Person's methodology for decision-making.
24:05 - Ben shares how reading about other VCs helped him learn and connect with mentors
25:13 - Ben's journey into the venture capital space
26:30 - The challenges of raising capital for startups in Jerusalem.
29:00 - Ben shares his difficulties in raising capital and his unique pitch to LPs.
30:31 - Recognize unique investment opportunities.
31:45 - Ben shares his story as an example of recognizing a golden investment opportunity.
33:30 - Importance of searching for opportunities in the non-consensus quadrant.
34:30 - The rarity of finding non-consensus opportunities.
36:00 - Early success in generating significant returns for initial LPs
37:30 - Criteria for selecting companies to invest in Jerusalem.
38:15 - The inadequacy of current solutions for the identified problem
40:00 - The significance of the team in early-stage investments.
41:00 - Incorporating the insights from the book "Seven Powers" by Hamilton Helmer.
41:28 - The importance of reading and continuous learning in investment analysis.
42:15 - Ensuring alignment between Helmer's strategies and the company being evaluated.
43:19 - Ben Weiner talks about the importance of specific personality traits in a founding team.
45:04 - He explains the importance of the hacker, hipster, and hustler personas in a founding team.
48:04 - Ben shares his transition from team-centric investing to focusing on market and business.
50:15 - The balancing act between different traits and capabilities within the founding team.
51:49 - The importance of failure and the empathy it brings.
53:43 - The importance of building relationships and trust in the investment world.
54:40 - Ben shares his experience of overcoming personal challenges and developing resilience.
55:12 - The importance of maintaining a positive outlook and seeking opportunities in difficult times.
57:55 - Outro
Creators and Guests
Host
Pascal Wagner
I help accredited entrepreneurs & executives in the US replace their primary income through private investments.
