Sourcery VC
Showing 181–183 of 183 transcripts.
- 36 min
David Weisburd, 10X Capital: Finding Alpha and LP Bias
David Weisberg, the strategy architect behind Tenex Capital's venture franchise, leverages his *Liquidity* podcast to dissect the structural tensions between General Partners and Limited Partners in today's AI-driven market. He argues that the sector operates as an access class defined by a critical misalignment between founder risk mitigation and the LP demand for concentrated power-law outcomes, a dynamic that creates volatility during conflicting economic cycles. Weisberg advises navigating this environment through time diversification, limiting portfolios to fifteen to twenty-five positions to optimize alpha, and utilizing early-stage secondary sales to return capital without relying solely on lagging DPI metrics.
- 49 min
Alex Kolicich, 8VC: Exodus of Venture Capital, AI Predictions
Alex Kulisic, founding partner of 8VC, outlines a market correction driven by post-2021 leverage distortions while forecasting a temporary AI overhype followed by a decade of transformative knowledge work. He identifies a shift toward disciplined capital allocation across software, biotech, and defense, noting that current enterprise value creation remains nascent despite infrastructure enthusiasm. Ultimately, Kulisic advises founders to capitalize on available dry powder by prioritizing durable product-market fit over transient feature parity as the sector matures.
- 24 min
Xander Oltmann, Commodity Capital: Downfall of SaaS & Uprising of Vertically Integrated Monopolies
Commodity Capital founder Xander Oltman invests in pre-seed hard tech and manufacturing companies by leveraging declining software costs to build vertically integrated monopolies that bypass traditional SaaS vulnerabilities. Backed by industry figures like David Sachs and public CEOs, the firm targets assets such as Hadrian and Armada that utilize AI and modern APIs to achieve superior gross margins while competitors face eroding technological moats. This strategy positions the fund to capitalize on a shifting market where distribution and capital intensity drive value, anticipating a 2024 resurgence in IPOs and larger check sizes for defensible operating models.