David Weisburd sits down with Jordan Stein, Director of Venture Capital at Cresset Partners, a multifamily office with over $45 billion in assets under management and a prolific limited partner in storied venture franchises, including Andreessen Horowitz and Founders Fund. This podcast is proudly sponsored by AngelList, visit https://www.angellist.com/tlp if you’re ready to level up your startup or fund.

The Limited Partner Podcast is part of the Turpentine podcast network. Learn more: Turpentine.co

TIMESTAMPS:
(00:00) Episode Preview
(01:28) Allocating the venture capital space
(05:29) Building his portfolio
(08:56) Evaluating emerging managers
(13:05) Main mistakes for first-time LPs
(15:20) Sponsors: AngelList
(16:27) Concerns of VC in 2023
(18:40) Range of allocators
(23:30) Practices and mistakes in co-investing
(27:04) Co-invest programs
(31:03) Cresset Partners

SOCIAL MEDIA:
@dweisburd (David)
@eriktorenberg (Erik)
@Cresset_Capital (Cresset)

LINKS:
https://cressetcapital.com/

SPONSOR:
The Limited Partner Podcast is proudly sponsored by AngelList.

-If you’re in private markets, you’ll love AngelList’s new suite of software products.

-for private companies, thousands of startups from $4M to $4B in valuation have switched to AngelList for cap table management. It’s a modern, intelligent, equity management platform that offers equity issuance, employee stock plan management, 409A valuations, and more.

If you’re a founder or investor, you’ll know AngelList builds software that powers the startup economy. If you’re ready to level-up your startup or fund with AngelList, visit https://www.angellist.com/tlp to get started.

Music: FACNUMJQ3C2GCIAT