David Rosenthal: belief

Transcript context

…And we are your hosts. We've done Sequoia. We've done Andreessen Horowitz. But we have not gone deep on one of the biggest stories in venture right now, crossover investing. We are watching hedge funds like Tiger Global and Coatue come all the way down to seed investing. We're simultaneously seeing classically early stage venture capital firms like Sequoia completely reinvent their structure to hold on to their winners longer, even as they become public companies. Today, we wanted to analyze one of the firms that pioneered this dual approach of operating a hedge fund and a venture capital firm simultaneously, Altimeter Capital. There has been so much change in venture in the last few years, more change (I think) in the last few years than in the decade that I was doing venture than watching it before. Listeners, to tell the story right, we are joined today by Brad Gerstner, the founder of the firm. Actually, to tell you the truth, he is joined by us. We actually recorded this episode in person even with video, stands, microphones, everything at the Altimeter office on Sand Hill Road. For those of you who don't know, Brad has had an unbelievable career starting five companies. He's got a very different mentality than your classic hedge fund guy. On the investing side, he led the Series C in Snowflake and still owns a massive stake of the company. He's led large investments and sat on the board of companies you know, like MongoDB, Roblox, Zillow, and Plaid. He led the SPAC that grabbed the public in Southeast Asia. He is widely known as one of the most knowledgeable people in the world on the business of online travel after his involvement in Expedia, Orbitz, Uber, and many others.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.