E89: How a Fund of Funds backed by one of the world's largest insurance companies is revolutionizing the venture capital landscape
Podcast:The 10X Capital Podcast Published On: Tue Aug 27 2024 Description: Iyan Unsworth, Vice President of AXA Venture Partners sits down with David Weisburd to discuss How a Fund of Funds backed by one of the world's largest insurance companies is revolutionizing the venture capital landscape The 10X Capital Podcast is part of the Turpentine podcast network. Learn more: turpentine.co -- X / Twitter: @dweisburd (David Weisburd) -- LinkedIn: Iyan Unsworth: https://www.linkedin.com/in/iyan-unsworth-1016a896/ AXA Venture Partners: https://www.linkedin.com/company/axavp/ David Weisburd: https://www.linkedin.com/in/dweisburd/ -- LINKS: AXA Venture Partners: https://www.axavp.com/ -- Questions or topics you want us to discuss on The 10X Capital Podcast? Email us at david@10xcapital.com -- TIMESTAMPS: (0:00) Episode Preview (2:25) Key Investment Regions and Geographical Distribution of AVP's Portfolio (4:01) Ideal GP Characteristics and Decrease in Funding for First-Time Funds (7:42) Full-Time Commitment and Historical Performance of Venture Capital (9:02) Principal-Agent Problem and Market Contraction Analysis (11:07) Profiles and Importance of Partnership in Emerging Managers (12:04) Evaluating Teams, Dynamics, and Performance in Venture Capital (15:00) Sensitivity in Performance Discussions and Incentive Reassignment (18:54) Conservative Fund Strategies and Transparency in Track Records (20:05) Complexities of Deal Attribution in Diligence Processes (22:03) Discussion on Secondaries (24:22) Closing Remarks