10X Capital Podcast
The 10X Capital podcast interviews the world's premier institutional investors to deliver insights on how they manage their capital. Interview topics include investment decision frameworks, capital allocation strategies, GP/LP relationships and many more.
E63: Chris Rizik on The Rise of Midwest LPs
Chris Rizik, CEO of Renaissance Venture Capital sits down with David Weisburd to discuss Renaissance’s unique approach to venture. In addition, they discuss how large corporations participate in venture, when to admit a loss vs. doubling down and signals of a strong fund manager.
Key Points
- Midwest companies often achieve higher multiples on invested capital (MOICs) compared to other regions, requiring less money to reach exit points.
- Renaissance Venture Capital focuses on investing in venture capital funds and connecting them with Michigan's startup ecosystem, leveraging strong corporate relationships.
- Effective venture capital management involves balancing emotional investment decisions with strategic follow-ons, avoiding the pitfalls of overcommitting to underperforming companies.
Chapters
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| 1:19 | |
| 4:18 | |
| 6:16 | |
| 9:32 | |
| 10:17 | |
| 14:09 | |
| 18:31 | |
| 19:31 | |
| 23:23 | |
| 26:10 |
Transcript
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