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In this episode of Turpentine VC, Ali Hamed, Partner at CoVenture, joins Erik Torenberg to discuss the advantages of investing across asset classes, CoVenture’s inflection points, the importance of being liked in venture, why LPs are willing to accept lower returns from big brand VCs, asset classes Ali hopes to invest in in the future, and much more.
In this episode of Turpentine VC, Ali Hamed, Partner at CoVenture, joins Erik Torenberg to discuss the advantages of investing across asset classes, CoVenture’s inflection points, the importance of being liked in venture, and asset classes Ali hopes to invest in in the future. If you’re looking for an ERP platform, check out our sponsor, NetSuite:http://netsuite.com/turpentine
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We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.
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RELATED SHOWS: The Limited Partner
If you like Turpentine VC, check out our show The Limited Partner with David Weisburd, where David talks to the investors behind the investors: https://link.chtbl.com/thelimitedpartner
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X / TWITTER:
@AliBHamed (Ali)
@coventurevc (CoVenture)
@eriktorenberg (Erik)
@Turpentinemedia
@TurpentineVC
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TIMESTAMPS:
(00:00) Episode Preview
(01:25) CoVenture in a Nutshell
(03:22) How CoVenture Succeeds in Credit
(06:50) Hard Conversations VCs Should Be Having
(10:01) How CoVenture Differentiates
(11:16) Venture Firms Getting Into Multiple Asset Classes
(14:19) Team Building and CoVenture's Future
(23:37) Future of CoVenture Continued
(28:24) Ali on Crypto
(31:07) Why LPs Are More Comfortable Giving Money to Big Brand VCs
(35:50) The Future of Venture
(37:41) The Evolution of Coventure
(44:27) Starting Over in 2024
(52:51) Understanding Different Asset Classes
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