A Value Investor Lost in the Valley

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[00:02:18] – Four factors that Chris thinks are important for future success of venture firms; portfolio concentration; repeatability; being early; size discipline

[00:07:40] – What the venture landscape looks like today from Chris’s viewpoint

[00:14:07] – Is there a glut of startups making it difficult for investors

[00:17:33] – How does Chris think about the investments that are a bit different from what everyone else is investing in in Silicon Valley

[00:19:17] – Why he focuses on college campuses for innovation

[00:20:54] – The role that geography plays in venture

[00:25:06] – The Four M’s; money, momentum, mentorship, entrepreneurial management

[00:27:13] – Chris’s perspective on cryptocurrency as a threat to venture capital

[00:31:44] – The idea of venture capitalists as service providers to the companies they are investing in

[00:35:15] – Views on investing in hyper-focused VC’s vs those that are generalists and just go after the best opportunities in any sector

[00:39:00] – What hot button areas are of most interest to Chris and why, from an investment standpoint

[00:42:22] – What can a public market investor learn from a value venture investor who mostly has to rely on qualitative metrics

[00:44:38] – Portfolio construction in the world of venture

[00:48:00] – What are the characteristics that Chris looks for in managers, as an allocator

[00:53:52] – What type of investors should and should not be in venture

[00:59:15] – What type of allocator would Chris give all of his money to

[01:01:40] – Kindest thing anyone has done for Chris