Jordan Stein from Cresset Partners on VC dynamics, evaluating emerging managers, & more! | E1901
This Week in Startups is brought to you by… LinkedIn Ads. To redeem a $100 LinkedIn ad credit and launch your first campaign, go to http://linkedin.com/angelpod Squarespace. Turn your idea into a new website! Go to Squarespace.com/TWIST for a free trial. When you’re ready to launch, use offer code TWIST to save 10% off your first purchase of a website or domain. Lemon.io - Hire pre-vetted remote developers, get 15% off your first 4 weeks of developer time at https://Lemon.io/twist * Todays show: Jordan Stein from Cresset Partners joins Jason to discuss the firms motivation for investing in venture capital (1:12), the state of venture tourism (12:45), the Power Law and risk-taking in VC (29:26), and much more! * Timestamps: (0:00) Jordan Stein from Cresset Partners joins Jason (1:12) Cresset Partners’ motivation for investing in venture capital (11:24) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://linkedin.com/angelpod (12:45) The state of venture tourism (20:00) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/twist (21:25) Cresset Partners’ co-invest program (29:26) Jordan's perspective on the Power Law and risk-taking in VC (34:43) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist (35:47) How Cresset Partners evaluates established and emerging VC managers (43:02) Jason's framework for distinguishing "Likely Winners" vs "Definitive Winners” (43:45) Cresset Partners’ goal of democratizing wealth management and VC access * Check out Cresset Partners: https://cressetpartners.com/ * Follow Jordan: LinkedIn: https://www.linkedin.com/in/jordan-stein17 Follow Jason: X: https://twitter.com/jason Instagram: https://www.instagram.com/jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Thank you to our partners: (11:24) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://linkedin.com/angelpod (20:00) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/twist (34:43) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist * Check out the Launch Accelerator: https://launchaccelerator.co * Check out Founder University: https://www.founder.university * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups * Subscribe to the Founder University Podcast: https://www.founder.university/podcast