E54: Morgan Creek Capital’s Endowment Style Investing

Frank Tanner sits down with David Weisburd to discuss Anthony 'Pomp' Pompliano's role at Morgan Creek as well as the company's origin, growth, and guiding principles. They dive into understanding power laws in venture capital, early-stage investing, and Morgan Creek's manager selection process.

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X / Twitter:

@FrankJTanner (Frank Tanner)

@dweisburd (David Weisburd)

LinkedIn:

Frank Tanner: https://www.linkedin.com/in/frank-tanner/

Morgan Creek: https://www.linkedin.com/company/morgan-creek-capital-management/

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

LINKS:

Morgan Creek Capital Management: https://www.morgancreekcap.com/

Venture Meta: What Venture Capitalist Don’t Care If You Know: https://www.morgancreekcap.com/wp-content/uploads/2022/09/Meta-of-Venture.pdf

How Portfolio Size Affects Early-Stage Venture Returns: https://angel.co/pdf/lp-performance.pdf?ajs_aid=cadb8347-4ff7-4bfa-84f9-bd296cc01fb4&_ga=2.83282837.2006167864.1711469886-306704474.1704825398

NEWSLETTER:

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

TIMESTAMPS:

(0:00) Episode Preview

(0:49) Anthony 'Pomp' Pompliano's Connection to Morgan Creek

(2:13) Origin and Growth of Morgan Creek

(5:04) Sponsor: Deel

(6:50) Background on Mark Yusko & Morgan Creek's Guiding Principles

(9:00) Understanding Power Laws in Venture Capital

(13:27) Portfolio Construction and Early-Stage Investing

(16:28) 10X Capital Podcast Newsletter

(17:00) Morgan Creek's Manager Selection Process

(20:24) Providing Value and Accessing Top Funds