E38: Carrie Thome & Grady Buchanan of NVNG on How to Raise Capital from Corporate LPs

Carrie Thome and Grady Buchanan of NVNG sit down with David capital to talk about the importance of startups, and portfolio construction. They discuss the competitive landscape for talent, their transition to venture capital, and strategies at WARF. The conversation also covers strategic investment, liquidity management, and the inception and building of NVNG Investment Partners. The episode wraps up with insights on raising a fund during COVID, network building, assessing emerging manager quality, and the value of fund of funds.

The 10X Capital Podcast is part of the Turpentine podcast network. Learn more: turpentine.co

X / Twitter:

@dweisburd (David)

LinkedIn:

Carrie: https://www.linkedin.com/in/carrie-thome-cfa-7798115/

Grady: https://www.linkedin.com/in/gradyb/

David: https://www.linkedin.com/in/dweisburd/

LINKS:

NVNG: https://nvngia.com/

What is a Fund of Funds?: https://nvngia.com/news/what-is-a-fund-of-funds/

NEWSLETTER:

By popular demand, we’ve launched the 10X Capital Podcast newsletter, which offer’s this week’s venture capital and limited partner news in digestible news bites delivered straight to your email. To subscribe please visit: http://10xcapital.beehiiv.com/

The 10X Capital Podcast Newsletter is powered by Ikaria Labs, a full-service content marketing firm that partners with the top funds, fintechs, and financial services firms to grow their investor communities. To learn more, visit: https://www.ikarialabs.xyz/

Questions or topics you want us to discuss on The 10X Capital Podcast? Email us at david@10xcapital.com

TIMESTAMPS

(00:00) Episode Preview

(01:00) Introduction and Background of Carrie Thome and Grady Buchanan

(05:26) Importance of Startups, Mentorship, and Portfolio Construction

(09:35) Competition for Talent and Passion for Building Portfolios

(12:40) Transition to Venture Capital and Strategies at WARF

(17:10) Strategic Investment and Liquidity Management in Venture Capital

(25:35) Inception and Building of NVNG Investment Partners

(28:37) Raising a Fund during COVID and Network Building

(31:08) Portfolio Construction and Assessing Emerging Manager Quality

(34:54) Value of Fund of Funds and Closing Remarks