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Published · transcript-backed

Brad Gerstner: commitment

15 Mar 2022 Acquired Altimeter (with Brad Gerstner)

“Passed that around the table, I was the biggest LP in that fund by a long shot because I wanted to get it upwards of $100 million.”

— Brad Gerstner

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Everything needed to verify it.

Speaker
Brad Gerstner
Attribution
Verified speaker
Claim type
commitment
Recorded
15 Mar 2022
Publisher
Acquired

Transcript context

…And today's a full company offset, right? We raised that first pool in 2012. It was basically passing the hat. We had made good money for our LPs. Passed that around the table, I was the biggest LP in that fund by a long shot because I wanted to get it upwards of $100 million. That first fund (I think) I had six investments. In that fund, I don't think we will possibly have a return profile. That fund definitely is up there in terms of great return in funds. When you lead the Snowflake round, do you remember what the share price was?…

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