Oren Zeev is one of the most prominent solo capitalists in venture. He is one of the most no BS investors of our time. Oren manages over $1BN in AUM and is known for his "radical alignment" approach, often taking $0 in management fees. His track record includes massive successes like Navan, Audible, and Houzz. ----------------------------------------------- Timestamps: 00:00 Intro 01:38 Why the Best Investments Always Look "Wrong" at the Start 03:43 The AI Tsunami: How to Spot Beneficiaries vs Victims 06:57 ...

Plus a Q&A with CFO-turned-VC Sujay Jaswa and his WndrCo co-founder Jeffrey Katzenberg https://t.co/MSs3nAt8HJ ...

Venture capitalists Marc Andreessen and Ben Horowitz are among the major donors who fueled a $50.8 million haul for a super PAC that plans to spend big in the midterm elections https://t.co/u8FXdl6GIi ...

RT Iain Martin (@_IainMartin)VCs’ Favorite Note-Taking App Granola In Talks To Hit $1 Billion Valuation https://t.co/X7bPyWHCP2 ...

In an era of breakneck AI funding rounds -- VC firm and tech community South Park Commons is plotting a $500 million fundraise and urging founders to take a slower approach https://t.co/Nwc2a6DBZA ...

Core Insights - eQ has successfully raised EUR 155 million across four new private equity and venture capital funds, continuing its growth strategy in the investment sector [1] Private Equity Funds - The eQ PE XVIII North fund targets unlisted lower middle market companies in Northern Europe, with investments diversified across approximately 200 portfolio companies [2] - The eQ PE SF VI fund focuses on acquiring fund interests in the secondary market and continuation funds, mirroring the geographical focus and target company size of the eQ PE XVIII North fund [3] - eQ has launched its first dedicated co-investment fund, eQ PE Direct I, which will make direct co-investments in about 20 Northern European lower middle market companies [3] Venture Capital Funds - eQ has introduced its third venture capital fund, eQ VC III US, which invests in leading North American venture capital funds focusing on seed, early-stage, and growth-stage companies [4] - The investment advisor for the eQ VC III US fund is TrueBridge Capital Partners, recognized as a leading investor in venture capital funds [4] Capital Raising and Financial Performance - Capital raising for all funds will continue throughout 2026, with eQ having raised over EUR 2.0 billion for its European private equity funds over the past twelve years, and a total of EUR 3.1 billion including North American funds [5] Team Expansion and Expertise - eQ is enhancing its private equity organization with the addition of Janne Holmia, who brings 17 years of experience from Verdane Capital Advisors [6] - The team at eQ is among the largest and most experienced in the Nordics for lower middle market investments, with a focus on operational value creation and selective investor partnerships [7][9] Market Insights - In the lower middle market, eQ emphasizes moderate entry valuations and lower leverage levels, with exits primarily through sales to industrial buyers or larger private equity funds [7] - The venture capital landscape shows significant performance dispersion, with strong returns concentrated among a small group of managers, highlighting the importance of market insight and access [8] Company Overview - eQ is a Finnish asset management and corporate finance group managing approximately EUR 13.7 billion in assets, offering a range of services including private equity and real estate asset management [10]

Core Insights - The article discusses the management philosophy of top venture capital firms, emphasizing the importance of focusing on competitive advantages rather than weaknesses [2] - It highlights the significance of allowing employees to take creative risks while avoiding excessive blame, which differentiates mediocre companies from exceptional ones [5] Team Management Philosophy: Advantages and Pitfalls of High-IQ Talent - Managing a high-density talent team differs significantly from managing a traditional company, where clear functional divisions and management teams exist [4] - The focus should be on understanding the investment dialogue process rather than micromanaging high-IQ individuals [4] Venture Capital Responsibility System: Key Evaluation Nodes in Long Cycles - In venture capital, waiting too long to evaluate an individual's investment capabilities can be dangerous, as it may lead to missed opportunities [7] - Continuous assessment of key performance indicators is crucial to ensure timely decision-making [7] Vertical Transformation: Strategic Choices for Streamlined Team Size - The optimal team size should not exceed that of a basketball team, promoting a vertical structure to avoid political infighting [8] - Maintaining a lean team is essential for effective decision-making and operational efficiency [8] Anti-Political Culture: Building a Win-Win Organizational Environment - The company culture minimizes political struggles, contrasting with smaller firms where internal conflicts may arise [10] - A focus on collaboration rather than zero-sum games fosters a more productive work environment [10] Leadership Balance: Wisdom in Detail Perception and Strategic Delegation - Effective leadership involves setting a direction while making informed decisions during conflicts, blending wisdom and judgment [11] - Engaging with team members at the decision-making front is vital for gathering insights and knowledge [11] Vertical Domain Selection: Dual Consideration of Market Timing and Talent Matching - Identifying suitable verticals involves matching top talent with market opportunities, ensuring the potential for significant business growth [14] - The focus should be on core business areas that are experiencing technological transformations [15] AI-Driven M&A Wave: Complexity of Application Exceeding Infrastructure - The rise of AI is expected to lead to a surge in mergers and acquisitions as companies adapt their operational models to survive [18] - Understanding the complexities of application behavior is becoming more critical than the infrastructure itself [20] New Dynamics in the VC Industry: Power Shifts Among LPs, GPs, and Founders - The venture capital landscape has evolved significantly, with an influx of capital from various sources, changing the power dynamics among stakeholders [22] - The company emphasizes support for early-stage entrepreneurs through accelerator programs to harness emerging opportunities [23] Multiple Winners in the AI Era: Historical Opportunities in Platform Scale and Application Explosion - The current technological landscape differs from past cycles, with AI presenting unprecedented opportunities for multiple market leaders to emerge [24] - The demand for AI solutions is robust, indicating a strong market potential despite concerns about valuation bubbles [25]

Five of the biggest bits of tech news this week. Capital One buys Brex for 5.15% billion. The internet didn't love it.The truth is latestage investors got at least a 1x back. Mickey Maler at Ribbit made a ton of money. Why combinator did very well.The real question is actually they bought it at 7x ARR. If they waited longer, they could have definitely got a higher price. That's an interesting question.Second on the agenda, the Tik Tok deal is finally done. It is over. US investors will now own 80% of the co ...

FROM ONE TO ZEROThere is a scenario in which Silicon Valley could literally go to zero in the next ten years. The successors would be China and the Internet: namely Chinese tech companies and Internet-based crypto protocols, because those have embedded political protection in a way Silicon Valley simply doesn’t.Here’s why this is possible.(1) The first and most obvious factor is that wealth seizures are now on the ballot in the most literal sense. The 2026 “Billionaire Act” referendum[1] directly targets th ...

Core Viewpoint - Rocket Internet AG, a former prominent German venture capital firm, has gone "dark" and delisted in 2020, with its stock price remaining low until recent developments involving an activist's criticism of accounting practices [3]. Group 1: Company Overview - Rocket Internet AG was once a leading venture capital company in Germany, managed by the Samwer brothers [3]. - The company has been criticized for "low balling" its accounting numbers by an activist, which has brought attention to its financial practices [3]. Group 2: Investment Potential - The current share price of Rocket Internet is believed to reflect less than 50% of its net asset value (NAV) [3]. - The portfolio includes valuable assets such as a stake in SpaceX and the prediction market company Kalshi, which are seen as potential catalysts for share price appreciation [3]. - There is a possibility of Rocket Internet distributing another special dividend, similar to what occurred in 2024 [3].