Invest Like The Best
Episode 362 Building an Investment Firm
Invest Like The Best

Episode 362: Building an Investment Firm

Invest Like The Best

Episode 362

Building an Investment Firm

Ali Hamed is a Co-Founder and partner at CoVenture. We cover the biggest lessons learned from scaling CoVenture to $2.5b in AUM, which asset classes hold the most exciting opportunities today, and his approach to evaluating everything from credit to LPs and early-stage companies.

This episode is brought to you by:
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(00:00:00) - Welcome to Invest Like the Best

(00:03:11) - First Question - The Journey of Building an Investment Firm

(00:15:08) - The Influence of Time and Scale on Asset Classes

(00:22:39) - The Power and Potential of YouTube's Asset Class

(00:27:33) - The Future of Real Estate and Housing Supply

(00:30:15) - The Challenges of Investing in Platform Economies

(00:36:44) - The Pitfalls of Capital Formation in Asset Management

(00:45:17) - The Evolution of Venture Portfolio

(00:51:14) - The Approach to AI and Other Emerging Technologies

(00:54:42) - The Mispricing in Private Credit

(00:58:46) - Building the People Side of the Business

(01:04:21) - The Challenges and Opportunities in Valuation

(01:19:40) - The Impact of Michael Ovitz on CoVenture

(01:23:11) - The Kindest Thing Anyone Has Ever Done For Him

 

Building an Investment Firm

Introduction

Patrick
My guest today is Ali Hamed. I first spoke to Ali on this podcast six years ago. He was 26 at the time and four years into building his investing firm, CoVenture. I said at the time that Ali is an example of what's possible when you think creatively, and today's conversation underlines that point. Six years on, CoVenture now manages $2.5 billion, and Ali continues to find alpha in esoteric places. We talk about YouTube catalogs, creative opportunities in real estate, and how venture investing helps them get better at credit.

We also talk about his lessons from building an investment firm and what it's like to work with Michael Ovitz more recently. If you want to go deeper on a specific case study with Ali, I'd encourage you to listen to him break down Spotter and their YouTube strategy on Business Breakdowns. You'll find a link to that in the show notes. Now please enjoy this great conversation with Ali Hamed.

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