Podcasts about altimeter capital

Scott Wapner and the Investment Committee are joined by Altimeter Capital's Brad Gerstner to discuss everything from the markets, to AI, to the future of his “Invest America” plan. Plus, the Committee detail their latest portfolioe moves.  And later, Chime Financial goes public in our hour, Leslie Picker joins us with the latest.  Investment Committee Disclosures

Scott Wapner and the Investment Committee discuss the Trump tariff sell-off after a much worse than expected outcome. Plus, Josh Brown is buying a stock amidst the sea of red in the market, he breaks down why. And later, Altimeter Capital's Founder and CEO Brad Gerstner joins us to discuss Tariffs and how he's thinking about some of his current positions in the market. Investment Committee Disclosures

Meghan Reynolds is Partner and Head of Capital Formation & Talent at Altimeter Capital, a leading technology-focused investment firm founded by Brad Gerstner. Meghan joined Brad three years ago, after decade-long stints at Goldman Sachs and TPG. She's like the private equity version of my friend and partner Rahul Moodgal, bringing a keen understanding of LPs and a relationship-focused approach to her role.   Our conversation covers Meghan's experience building and maintaining great LP relationships over twenty-five years at both large and smaller firms. She discusses the role of capital formation, approach to serving clients, process of seeking prospects, and parallels between venture capital today and private equity a decade ago. We close with a discussion of what Meghan is hearing from LPs.   Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership

As markets react sharply to President Trump's 25% tariffs on steel and aluminum, Altimeter Capital CEO Brad Gerstner weighs in on the escalating market turmoil and the broader implications of Trump's trade policies. Amid these developments, CNBC's Eunice Youn reports from Beijing on talks between China's Ministry of Commerce and Walmart, which is seeking price reductions from Chinese suppliers to mitigate tariff impacts. Plus, CNBC's Eamon Javers delivers insights on Trump FTC Chair Andrew Ferguson's recent remarks to CEOs, emphasizing that while he won't allow mergers to falter unnecessarily, automatic approvals for significant mergers aren't guaranteed. Eamon Javers - 09:14Eunice Yoon - 16:13Brad Gerstner - 22:51 Eunice Yoon, @onlyyoontvEamon Javers, @EamonJaversBrad Gerstner, @altcapBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie

Highlights from this week's conversation include:Meghan's Background and Journey (1:18)Capital Formation Insights (7:39)Lessons from Goldman Sachs (9:05)Advice for Emerging Managers (11:11)Importance of Client Experience (17:00)The Competitive Landscape of Venture Capital (19:14)Changing GP and LP Relationships (23:29)Creativity in Investor Relationships (28:19)Insider Segment: Florida's Diverse Venture Ecosystem (31:10)Challenges and Opportunities in Florida Startups (35:40)Talent Access and Flexibility (39:08)Institutional Reporting Challenges (41:02)Trust and Transparency in Fundraising (45:23)Institutional LP Process Advice (49:35)Power Law in Venture Capital (54:35)Understanding Capital Allocation (56:49)Fund Sizes and Venture Capital Dynamics (1:00:12)Final Thoughts and Takeaways (1:05:10)Altimeter Capital Management is a leading investment firm specializing in technology-focused public and private market investments. By integrating insights across markets, Altimeter aims to drive innovation in the financial industry.http://www.altimeter.com/Silicon Valley Bank (SVB), a division of First Citizens Bank, is the bank of the world's most innovative companies and investors. SVB provides commercial and private banking to individuals and companies in the technology, life science and healthcare, private equity, venture capital and premium wine industries. SVB operates in centers of innovation throughout the United States, serving the unique needs of its dynamic clients with deep sector expertise, insights and connections. SVB's parent company, First Citizens BancShares, Inc. (NASDAQ: FCNCA), is a top 20 U.S. financial institution with more than $200 billion in assets. First Citizens Bank, Member FDIC. Learn more at svb.com.Swimming with Allocators is a podcast that dives into the intriguing world of Venture Capital from an LP (Limited Partner) perspective. Hosts Alexa Binns and Earnest Sweat are seasoned professionals who have donned various hats in the VC ecosystem. Each episode, we explore where the future opportunities lie in the VC landscape with insights from top LPs on their investment strategies and industry experts shedding light on emerging trends and technologies. The information provided on this podcast does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this podcast are for general informational purposes only.

At Skift's Megatrends event, travel executives discussed the rising impact of AI on the industry, with Thomas Reiner of Altimeter Capital warning that AI-driven personal assistants could disrupt online travel agencies, metasearch engines, and traditional SEO. Meanwhile, Kayak CEO Steve Hafner anticipates that a commercial agreement between an AI engine and a major travel brand could arrive by 2025, potentially reshaping consumer booking habits. Finally, British Airways' controversial switch to a revenue-based loyalty program underscores the importance of transparent communication and planning when making significant changes that affect frequent travelers. Online travel agencies and metasearch engines are in trouble due to the rise of AI-generated search The first commercial agreement between an AI engine and a major travel brand British Airways recently announced several controversial changes to its loyalty program Connect with Skift LinkedIn: https://www.linkedin.com/company/skift/ WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/ Facebook: https://facebook.com/skiftnews Instagram: https://www.instagram.com/skiftnews/ Threads: https://www.threads.net/@skiftnews Bluesky: https://bsky.app/profile/skiftnews.bsky.social X: https://twitter.com/skift Subscribe to @SkiftNews and never miss an update from the travel industry.

Jon Hartley and Brad Gerstner discuss Brad's career, free markets, investing in technology, industrial policy, the CHIPS and Science Act, and baby equity investment accounts. Recorded on November 1, 2024. ABOUT THE SPEAKERS: Brad Gerstneris the founder and CEO of Altimeter Capital, a tech investment firm based in Silicon Valley, that manages both public and VC investment portfolios. Started in 2008, Altimeter manages over $15bn of investments across its public equity fund and venture capital funds. Brad is also the founder of Invest America, a non-profit that is spearheading research into the creation of private investment accounts for the 3.7 million children born each year in America, unlocking economic mobility for the next generation. Born in Indiana, he studied at Wabash College, Oxford University, Indiana University School of Law and Harvard Business School. He practiced securities law and served a term as Indiana deputy secretary of state before returning to HBS. Jon Hartley is a Research Assistant at the Hoover Institution and an economics PhD Candidate at Stanford University, where he specializes in finance, labor economics, and macroeconomics. He is also currently a Research Fellow at the Foundation for Research on Equal Opportunity (FREOPP) and a Senior Fellow at the Macdonald-Laurier Institute. Jon is also a member of the Canadian Group of Economists, and serves as chair of the Economic Club of Miami. Jon has previously worked at Goldman Sachs Asset Management as well as in various policy roles at the World Bank, IMF, Committee on Capital Markets Regulation, US Congress Joint Economic Committee, the Federal Reserve Bank of New York, the Federal Reserve Bank of Chicago, and the Bank of Canada.  Jon has also been a regular economics contributor for National Review Online, Forbes, and The Huffington Post and has contributed to The Wall Street Journal, The New York Times, USA Today, Globe and Mail, National Post, and Toronto Star among other outlets. Jon has also appeared on CNBC, Fox Business, Fox News, Bloomberg, and NBC, and was named to the 2017 Forbes 30 Under 30 Law & Policy list, the 2017 Wharton 40 Under 40 list, and was previously a World Economic Forum Global Shaper. ABOUT THE SERIES: Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics. For more information, visit: capitalismandfreedom.substack.com/

A significant shift in autonomous vehicle policy appears imminent with President-elect Trump's plans to implement a national autonomous vehicle framework. Key cabinet appointments, including Congressman Duffy for Transportation Secretary and Pam Bondi for Attorney General, signal strong support for autonomy. The incoming administration is strategically positioning pro-autonomy officials, with the America First Policy Institute playing a crucial role in policy implementation. Regulatory clarity could accelerate autonomous vehicle deployment across state lines and investment, though bureaucratic resistance within the Department of Transportation and NHTSA remains a concern.The market implications of these developments are already evident, with Altimeter Capital's Brad Gerstner selling his entire Uber position due the growing competition Tesla and Waymo. Meanwhile, competition from has China intensified as Baidu completed 691,000 fully autonomous rides in Q3 2024, even though this still trails Waymo's estimated 2 million autonomous rides in Q3. The emergence of Chinese autonomous vehicle companies including WeRide and Pony AI in public markets, along with Baidu's announcement of a sub-$35,000 self-driving car, indicates the global race for autonomous vehicle leadership is accelerating as we prepare to enter 2025.Episode Chapters0:00 Investor Sentiment on Autonomous Vehicles4:51 Tesla, Uber, Lyft Catalysts14:28 Uber Autonomy Investments15:46 Toyota and Pony AI17:12 Jaguar's Rebrand Impact on Waymo19:28 Trump's Autonomous Vehicle Personal27:02 Autonomous Vehicles in China20:35 U.S. Policies37:37 Next WeekRecorded on Friday, November 22, 2024Order your very own Make Autonomy Great Hat today! https://store.roadtoautonomy.com/collections/make-autonomy-great--------About The Road to AutonomyThe Road to Autonomy® is a leading source of data, insight and commentary on autonomous vehicles/trucks and the emerging autonomy economy™.Sign up for This Week in The Autonomy Economy newsletter: https://www.roadtoautonomy.com/autonomy-economy/See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Today's is Brad Gerstner, founder and CIO of Altimeter Capital, a multi-billion dollar technology-focused investment firm that invests in both public and private markets. In today's episode, Brad discusses his journey in investing, how to invest in the AI supercycle, and how he incorporates the impact of stock compensation when analyzing companies. Brad also covers his initiative, Invest America, aimed at promoting financial literacy and inclusion for children in the U.S. He highlights the need for a collective effort to empower the next generation and ensure they have a stake in the economy. (2:10) Intro of Brad Gerstner (7:47) Current market thoughts (10:58) The state of AI (16:16) Brad's investment philosophy (22:32) Impact of AI on both enterprise and consumer technology (25:46) Global advancements in AI (27:27) Autonomous vehicles (30:39) Stock-based compensation (36:31) Invest America (53:06) Importance of financial literacy for kids ----- Follow Meb on Twitter, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Follow The Idea Farm: Twitter | LinkedIn | Instagram | TikTok ----- Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com ----- Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more.  ----- Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here!  Learn more about your ad choices. Visit megaphone.fm/adchoices

Send us a Text Message.Subscribe to AG Dillon Pre-IPO Stock Research at agdillon.com/subscribe;- Wednesday = secondary market valuations, revenue multiples, performance, index fact sheets- Saturdays = pre-IPO news and insights, webinar replays00:07 | xAI Launches Grok-2 and Grok-2 Mini on X Platform- AI large language model platform business- Released Grok-2 and Grok-2 Mini beta LLMs on X platform- Enterprise API arriving later this month- Top-four position on LMSYS chatbot leaderboard- Grok-2 Mini: efficient, ideal for speed/resource-critical scenarios- Focus on expanding multimodal understanding- Available to Premium/Premium+ subscribers on X at $8/month- Secondary market valuation: $25.7B (+6.9% vs May 2024 round)02:11 | Klarna Expands into Banking with New Products- Payments and consumer lending business- Launched "Klarna balance" and "cashback" in 12 markets, including U.S. and Europe- Klarna balance offers up to 3.58% interest in EU, no interest in U.S.- Expansion to disrupt retail banking and increase customer loyalty- Tied to lending products, potentially reducing default rates- Secondary market valuation: $10.3B (+53.4% vs Jul 2022 round)- Rumored tender offer could precede IPO03:15 | Epic Games Targets Mobile Market with New Storefront- Virtual reality and video game tech company- Launching new mobile storefront, targeting 100M installs by year-end- Aims for significant share of $188B games market, 50% from mobile- 12% transaction fee vs. 30% from Apple/Google- Store to open to third-party developers in December- Secondary market valuation: $18.0B (-20.2% vs Feb 2024 round)04:21 | Ramp's AI-Powered Growth Drives $9.1B Valuation- Fintech company founded in March 2019- Valued at $9.1B (secondary), +19.6% vs Apr 2024 round- Serving 25,000+ businesses, including Shopify and Boys and Girls Club of America- AI used for transaction categorization, bookkeeping, expense management- AI in sales and marketing boosts efficiency and profitability- Rapid growth with lean operational structure06:28 | X/Twitter Projects $2B in 2024 Ad Revenue- Projected $2B in 2024 ad revenue, down from $2.5B in 2023 and $4.5B in 2021- Focus on payments, video, and AI innovations- Plans for payments system with "Payments" button in navigation- X TV app launched on Amazon and Google platforms- Competing directly with YouTube's massive market share- Fidelity values X at $12.3B (-72% from Oct 2022 acquisition)08:45 | Databricks Acquires Tabular in $2B Deal- Analytics and AI company- Acquired Tabular for nearly $2B, despite $1M in annual recurring revenue- Tabular backed by $30M from Altimeter Capital, Andreessen Horowitz, Zetta Venture Partners- Acquisition driven by competition with Snowflake- Databricks' current valuation: $42.7B (secondary), -1.2% vs Nov 2023 round- Snowflake's struggles compounded by a data breach affecting AT&T customers09:49 | Hadrian Acquires Datum Source to Enhance Defense Capabilities- Defense tech company- Raised $220M since 2020, valued at $500M (secondary)- Acquired Datum Source, valued at $30M, to better serve defense startups- Acquisition brings 30 new customers, Datum's 14-person team- Part of a broader trend of acquisitions in defense tech, with $129.3B VC invested since 202110:50 | Pre-IPO Stock Market Weekly Performance- agdillon.com/subscribe to receive weekly pdf report in your inbox11:38 | Pre-IPO Stock Vintage Index Weekly Performance- agdillon.com/subscribe to receive weekly pdf report in your inbox

In this episode, Will sits down with Freda Duan, investor at Altimeter Capital. They explore critical topics such as the energy bottlenecks in AI development, the future of AGI and ways in which we may have already achieved it today, and the future role of AI agents. Freda also discusses the capital expenditure trends among big tech companies and the nuanced competition between open source and closed source models.

Scott Wapner and the Investment Committee discuss Apple's latest salvo in the AI arms race and what it could mean for the tech trade. Plus, Altimeter Capital's Brad Gerstner joins us to discuss the markets, tech, his latest trades and more. And later, a Call of the Day on Uber, reiterated as a top pick at Citi, the desk have a heated debate on the ride-sharing company.  Investment Committee Disclosures

Follow me @samirkaji for my thoughts on the venture market, with a focus on the continued evolution of the VC landscape.Today we have another version of Venture Unlocked shorts, and this time it will be focused on topics within the GP/LP world.Joining me again is Meghan Reynolds, who leads capital formation at Altimeter Capital. This time we discuss the significant liquidity challenges in the venture capital market, focusing on the concerns of LPs about funding future capital calls and the longer wait times for returns. With a decline in public offerings and exits, LPs and GPs are now turning to alternative strategies such as strip sales and GP-led secondaries. We highlight the need for GPs to establish clear liquidity management as the dynamics of the industry continue to change.If you're a VC investor, then I'm sure you already know about Sydecar, the go-to platform for emerging VCs to manage their SPVs and funds. Sydecar is on a mission to make private markets more accessible, transparent, and liquid by standardizing how investment vehicles are created and executed. Their powerful software allows VCs to launch SPVs and funds instantaneously, track funding in real time, and offer hassle-free opportunities for early liquidity.Whether you're syndicating your first or fiftieth deal, Sydecar acts as your silent operating partner, handling all back-office functions in a single place. Sydecar always has your back, so that you never have to worry about chasing subscription docs, lost wires, or late K-1s.With all the recent ups and downs in the private markets, the last thing you want to worry about is whether your back office is operating smoothly. Sydecar's responsive and proactive customer support team is there to assist, helping you build trust with your investors and tackle the challenges of building your firm.Visit sydecar.io/ventureunlocked to learn more.About Meghan Reynolds:Meghan Reynolds is Partner and Head of VC Capital Formation and Fundraising for Altimeter, a lifecycle technology investment firm. Prior to joining Altimeter, Meghan was Managing Partner and Co-head of Fundraising at TPG. She began her career and spent nearly a decade in the Investment Management Division of Goldman Sachs.Meghan graduated from the University of Notre Dame.In this episode, we discuss:(02:00) The current state of the venture capital market and LP perspectives on liquidity and the impact of market resets on traditional exit opportunities like IPOs and M&As(04:00) Liquidity and the challenges for LPs in funding upcoming capital calls due to increased venture activity and the need to adjust liquidity timeline expectations(09:00) The complexities of exit strategies and the necessity for alignment between GPs and LPs on exit timing(12:57) Using “Strip sales” as a liquidity management strategy are detailed, where a portion of a fund's assets are sold to secondary buyers, and practical examples of how this strategy has been effectively implemented(21:56) The need for venture capital to adopt more institutional and LP-friendly practices akin to the private equity evolution post-2008, driven by current fundraising challenges that compel VC funds to innovate in liquidity management and LP relationshipsI'd love to know what you took away from this conversation with Meghan. Follow me @SamirKaji and give me your insights and questions with the hashtag #ventureunlocked. If you'd like to be considered as a guest or have someone you'd like to hear from (GP or LP), drop me a direct message on Twitter.Podcast Production support provided by Agent Bee This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit ventureunlocked.substack.com

NOTE| This episode is longer than usual→ ‘Top Of The Game (in) Overtime' shows are released occasionally BRAD'S BIO Brad Gerstner is a serial entrepreneur, venture capitalist and hedge fund manager. He is founder, chairman and CEO of Altimeter Capital, a leading technology investment firm he started during the 2008 financial crisis. Brad and his team are known for fundamental analysis and deep expertise in consumer internet, software and artificial intelligence across the capital formation cycle, a style colloquially known as crossover investing.  The efficient and productive use of capital “knows no buckets”, and Brad is at the forefront of these crossover opportunities across the private, quasi-public and public markets. He has been involved in over 100 IPOs and some of his notable investments include Snowflake, Bytedance (TikTok) Zillow, Uber, Meta (Facebook), Plaid, Okta, Gusto and Zillow among many others.  Brad was born and raised in Indiana and his father's failed business taught him many lessons early in life. “In life you are either running towards something or away from something” as he puts it. His investing career started while day trading to pay for law school at Indiana University, followed by being appointed to be Deputy Secretary of State of Indiana, the youngest in history. His true calling was in business and attended Harvard to obtain an MBA. Right after graduation he was a founding principal of General Catalyst and worked / co-founded / sold several travel and consumer internet related startups, followed by serving as a portfolio manager at PAR Capital and eventually launching Altimeter.  In 2016, Altimeter was the largest shareholder of United and helped usher changes at the company, including its board. In 2022, Gerstner wrote a now seminal open letter to Mark Zuckerberg stating Meta was losing focus, had too many employees and was losing investor confidence recommending that the company cut expenses by 20%, focus on AI and limit Metaverse spending to $5 billion a year.  A few weeks later, Meta effected many of his recommendations and the company's stock has increased ~4X since.  He has been a regular guest on the All In Podcast and has a podcast (BG2) with co-host and former Benchmark GP Bill Gurley. Brad recently unveiled  Invest America, a plan  to create a broad and passive basket of stocks representing the American economy for every child in America rooted in the power of capitalism, compound interest and returns. Brad is at the top of his game and his influence is hard to overstate, underpinned by his intellect, vision, capital allocation savvy, curiosity and belief in opportunity for all – no matter where one starts.  I've known Brad for 25 years, is a great friend and every time we speak I learn a few things, including this episode - enjoy this remarkable human being. BRAD RELATED LINKS Brad's Twitter  CNBC Report  Meta Board & Mark Zuckerberg  Time to Get Fit Letter On CNBC Squawk Box discussing Invest America On Delivering Alpha re: AI BG2's First Episode on YouTube + Twitter Profile on Forbes (Midas List 2022) GENERAL INFO| TOP OF THE GAME: Official website: https://topofthegame-thepod.com/ RSS Feed: https://feed.podbean.com/topofthegame-thepod/feed.xml Hosting service show website: https://topofthegame-thepod.podbean.com/ Javier's LinkTree: https://linktr.ee/javiersaade & Bio: https://tinyurl.com/36ufz6cs  SUPPORT & CONNECT: LinkedIn: https://www.linkedin.com/showcase/96934564 Facebook: https://www.facebook.com/profile.php?id=61551086203755 Twitter: https://twitter.com/TOPOFGAMEpod Subscribe on Podbean: https://www.podbean.com/site/podcatcher/index/blog/vLKLE1SKjf6G Email us: info@topofthegame-thepod.com   THANK YOU FOR LISTENING – AVAILABLE ON ALL MAJOR PLATFORMS  

Follow me @samirkaji for my thoughts on the venture market, with a focus on the continued evolution of the VC landscape.Today we have another version of Venture Unlocked shorts, and this time it will be focused on topics within the GP/LP world. Joining me for this around-the-water-cooler recurring series is Meghan Reynolds, who leads capital formation at Altimeter Capital. Meghan recently attended iConnections in Miami, one of the biggest global capital intro summits in the world, which served as inspiration for this episode. We discussed what she observed during the summit, including how LPs are thinking about early-stage and late VC, and the place for venture overall in private portfolios.Hope you enjoy our episode!A word from our sponsor:Invest in innovation. Allocate allows investors to access top-tier private funds and co-investment opportunities within the technology sector.Despite the enormous growth of the private markets and the rapid increase of retail demand for private alternatives, investing in the highest quality private assets within the innovation sector still remains limited to institutions and ultra-connected high net worth individuals.With Allocate, wealth advisors, banks, family offices, and other qualified investors can have a streamlined way to responsibly invest with confidence.Go to allocate.co to find out more and please sign up to the waitlist to learn more and get early access to the platform.About Meghan Reynolds:Meghan Reynolds is Partner and Head of VC Capital Formation and Fundraising for Altimeter, a lifecycle technology investment firm. Prior to joining Altimeter, Meghan was Managing Partner and Co-head of Fundraising at TPG. She began her career and spent nearly a decade in the Investment Management Division of Goldman Sachs.Meghan graduated from the University of Notre Dame.In this episode, we discuss:(02:11) Report from the iConnections summit in Miami and what it means for the VC industry(06:38) The complex dynamics of fundraising in the current venture capital landscape(09:49) The recalibrated expectations among LPs with a strategic emphasis on seed and Series A investments as a method to hedge against portfolio volatility(17:01) Forecast for a tough adjustment period for Unicorns and the venture capital ecosystem, with some hope on the horizon(19:00) Challenges posed by multiple compression rounds and the reality for companies looking for exits(21:11) The long journey for VC-backed companies in navigating valuation adjustments and exit strategies, with an increased reliance on the secondary market for liquidity (23:12) The extended impact of the substantial funding raised in 2021, adding complexity to the venture capital environmentI'd love to know what you took away from this conversation with Meghan. Follow me @SamirKaji and give me your insights and questions with the hashtag #ventureunlocked. If you'd like to be considered as a guest or have someone you'd like to hear from (GP or LP), drop me a direct message on Twitter.Podcast Production support provided by Agent Bee This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit ventureunlocked.substack.com

Amazon, Microsoft, Nvidia and Alphabet powered roughly 8% of 2023's North American venture deals, largely in artificial intelligence. In this Exchange podcast, Altimeter Capital investor Apoorv Agrawal explains why these companies are reaping rewards from the latest tech craze. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt-out of targeted advertising.

In the vast landscape of entrepreneurship, stories of resilience, innovation, and the pursuit of dreams stand out as inspirations. Kamakshi Sivaramakrishnan, founder and CEO of Samooha, is one such trailblazer whose journey from the bustling streets of Mumbai to the forefront of data-driven technology is nothing short of remarkable. Samooha has attracted funding from top-tier investors like Snowflake Ventures, Cowboy Ventures, and Altimeter Capital.

Bloomberg Radio host Barry Ritholtz speaks with Brad Gerstner, founder and CEO of Altimeter Capital, a technology-focused investment firm, which has about $15 billion in assets under management. Altimeter manages a variety of venture and public funds and serves as a long-term partner to companies as they enter the public markets. (This episode was recorded on Nov. 8.) See omnystudio.com/listener for privacy information.

Follow me @samirkaji for my thoughts on the venture market, with a focus on the continued evolution of the VC landscape.We're thrilled to bring on Brad Gerstner, Founder and CEO of Altimeter Capital. Altimeter was first founded in 2008 during the GFC with an initial fund of only $3 Million which Brad raised from friends and family. Today the firm employs both private and public strategies, with over $17.9B in AUM.Altimeter takes an incredibly focused and high-conviction approach to investing and has backed companies such as Snowflake, Unity, Gusto, and Modern Treasury. And now manages a variety of venture and public funds, taking a hybrid and pragmatic approach to funding, using a variety of vehicles depending on stage and need to give companies and managers access to capital.About Brad Gerstner:Brad Gerstner is the Founder and CEO of Altimeter Capital. Before Altimeter, Brad worked as a multiple-time entrepreneur, was a founding principal of General Catalyst, and worked at PAR Capital. He is also an active thought leader on all aspects of the innovation economy, including numerous media appearances and a recurring role on the popular All-In Podcast. And Brad is working to improve the future of the country through efforts such as Invest America.He earned a bachelor's from Wabash College, a JD from Indiana University, and an MBA from Harvard Business School.In this episode, we discuss:* (2:17) Brad discusses his early life in Indiana and the influence of his father's entrepreneurial journey​​.* (3:23) Brad talks about his path to law school and subsequent shift towards technology and entrepreneurship​​.* (4:10) His impulsive trip to Silicon Valley and his first experiences there​​.* (7:18) Brad discusses his insights into public and private markets and the realization of the need to participate in the venture market​​.* (11:24) He explains the motivation and founding principles behind Altimeter, focusing on competitive advantage​​.* (12:28) Brad highlights Altimeter's unique approach, combining venture capital experience with public market sensibility​​.* (14:02) He speaks about the importance of founders choosing partners that provide intellectual resources along with capital​​.* (18:41) Brad reflects on Altimeter's investment strategy and acknowledges that they haven't always done everything perfectly​​.* (20:44) He discusses the cyclical nature of the venture business and the importance of the price of entry in investments​​.* (23:24) Brad talks about technology super cycles and how they improve lives and outcomes​​.* (28:19) He elaborates on the role of cloud computing and AI in reshaping industries and improving consumer experiences​​.* (30:09) Discussing the evolution of search engines, Brad talks about the transition from Google as a card catalog to an answer bot​​.* (32:32) He shares insights on the power of AI in business and its impact on efficiency and profitability​​.* (39:45) Brad explains Altimeter's disciplined approach to valuation and their investment decision-making process​​.* (44:51) He emphasizes the fiduciary duties of board members to all shareholders and the importance of research-based decision-making​​.* (47:11) Brad reflects on his work with Richard Lugar and his influence on Brad's view of the world​​.* (50:59) He discusses the Invest America initiative and its goal to invest in the future of American children and democracy​​.* (54:03) Brad talks about the need for job retraining and economic participation in the face of labor displacement caused by AI​​.I'd love to know what you took away from this conversation with Brad. Follow me @SamirKaji and give me your insights and questions with the hashtag #ventureunlocked. If you'd like to be considered as a guest or have someone you'd like to hear from (GP or LP), drop me a direct message on Twitter.Podcast Production support provided by Agent Bee  This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit ventureunlocked.substack.com

Our teacher today is Brad Gerstner, founder of Altimeter Capital. Brad is an exceptional investor and gifted teacher with a unique ability to distill complex ideas into clear, qualitative insights. In this session, Brad will share lessons learned across the full arc of his career that has spanned everything from RV manufacturing to politics to founding and operating several technology companies to building Altimeter into one of the preeminent technology investors across all stages, public and private. We also discuss Invest America, a bipartisan grassroots movement led by Brad to make every child in the US a saver and investor beginning the day they are born. We're delighted to bring this class to you in collaboration with Notre Dame professor Jim Sullivan, co-founder of the Lab for Economic Opportunity, and inaugural chair of the Notre Dame Poverty Initiative. Please enjoy our class with the wonderful Brad Gerstner.  For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- This episode is brought to you by Summus. Summus is a revolutionary health benefits solution, driving superior employee engagement while dramatically lowering your company's enterprise-level healthcare spend. They're completely transforming the world of health benefits by providing employers and their employees in any location, fast access to over 5,100 of the top medical specialists from America's very best medical centers for support across all health questions. If you're looking for a benefit that drives your employee engagement, truly takes care of your people in their most scary and vulnerable times, all while improving your healthcare ROI, visit GoSummus.info/AOI. This episode is brought to you by Hunt Club. Hunt Club unlocks relationships and helps companies grow. Whether it's recruiting your next hire, landing your next big partner, or financing your business, a trusted introduction always works more effectively. Hunt Club's tech-enabled search model leverages the largest community of its kind to refer amazing talent on your behalf. Additionally, its software program, Atlas, helps organize the entire network of a company or fund and assists in streamlining the right introductions. If you're looking for the ideal solution for all of your talent needs, visit HuntClub.com/AOI. ----- Art of Investing is a property of Pine Grove Studios in collaboration with Colossus, LLC. For more episodes of Art of Investing, visit staygrovey.com.  Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @ArtofInvest | @Buhrman_Rick | @PaulBuser | @JoinColossus Show Notes (00:02:12) - (First question) - Tracing Brad's evolution as an investor (00:08:48) - Reflecting on his parents' tangible contributions to his career (00:10:43) - Examining the influence of his college and law school experiences (00:15:16) - Key figures and events shaping Altimeter Capital (00:19:18) - Crafting a company with substantial impact (00:21:27) - Choosing an unconventional route (00:33:09) - Significant relationships that fostered the development of Altimeter Capital (00:44:47) - Implementing the principles of Essentialism in life and business (00:51:50) - Launching the Invest America program (01:04:07) - Evaluating the S&P 500 as an investment tool for Invest America (01:09:36) - Recognizing and leveraging market trends (01:27:49) - Contemplating the desired legacy of Brad's life's work

James Ho is co-founder and Managing Partner of Modular Capital, a fundamental and thesis driven crypto investment firm that invests across liquid tokens and early stage venture. Previously, James was a Principal at Altimeter Capital, a $10 billion technology crossover investment firm where he focused on fintech and crypto investments. Prior to Altimeter, James was a Vice President at D. E. Shaw, a $50 billion global multi-strategy hedge fund, covering technology, payments and fintech in the public markets. He also spent time as a software developer at Bridgewater. James studied Statistics at Harvard, graduating magna cum laude. -----   This episode is brought to you by:   Global Coin Research ("GCR") is a community-first research and investment DAO. GCR's mission is to create a community-driven investment DAO where the best web3 deals are sourced by community members for community members.  This discussion was recorded in our Discord.  You can find more information about us and how to join at GlobalCoinResearch.com   -----   Remember to rate, review and subscribe to the Podcast!  

After testifying before the Senate Judiciary Committee, former Facebook employee and former Instagram consultant Arturo Béjar joins Joe Kernen, Becky Quick, and Andrew Ross Sorkin to discuss his calls for teen safety tools on Meta's platforms. Béjar shares data on the number of teens who've experienced unwanted sexual advances on Instagram, as well as Meta's responses to his calls for action. Altimeter Capital founder and CEO Brad Gerstner is urging American policymakers to invest at home. The tech investor and founder considers where American financial wellbeing falls on the country's budgetary priority list, while billions are sent to foreign allies. Plus, Meta is now requiring political advertisers to disclose use of AI in their ads, and Cava has cooked up a surprise profit this quarter.  Brad Gerstner - 09:44Arturo Béjar  - 31:15In this episode:Brad Gerstner, @altcapAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickKatie Kramer, @Kramer_Katie

U.S. equities plunge in September as Fed rate concerns prompt a global sell-off. Speaking at CNBC's Delivering Alpha conference, billionaire hedge fund manager Bill Ackman says he would not be surprised to see Treasury yields hit 5 per cent and beyond. We also hear from Altimeter Capital chairman and CEO Brad Gerstner who predicts that A.I. may even have a bigger impact than the internet in the 1990s. The U.S. House of Representatives passes a defence funding bill which removes support for Ukraine while the Senate scrambles to agree on short-term budgetary plans before a potential government shutdown on Sunday. House Speaker Kevin McCarthy tells CNBC that there is still time to avert the crisis. In autos news, UAW members warn they will expand strikes if their demands are not met as they table a counter-proposal to Stellantis. And failed lender Credit Suisse reports an adjusted loss of CHF3.5bn with net outflows totalling almost CHF40bn.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

As we look ahead to the landmark 10th Skift Global Forum happening this September in New York City, today we take a look back at a panel session from Skift Global Forum 2016 correctly billed as "Legends of Online Travel". On the panel were: Brad Gerstner, Founder, Chairman and CEO of Altimeter Capital; Rich Barton, co founder and, at the time, Executive chairman of Zillow Group (he is currently CEO); Dara Khosrowshahi, then the President and CEO of Expedia (he is currently the CEO of Uber); Jay Walker, Founder of Priceline and CEO of Upside; and moderator Dennis Schaal, Skift's Founding and Executive editor, who earlier that year had released the "Definitive Oral History of Online Travel", the authoritative account of the rise of the online travel agency.  We revisit this session from nearly 7 years ago to assess just how prescient these esteemed speakers were as they discussed the future of online travel as seen from that far away time, still 3+ years before the onset of the global covid pandemic, and 6+ years from the broad release of ChatGPT, the widely-used generative AI tool that has sparked imaginations throughout the world and travel industry. As the panelists in this session point out, many of their predictions have been around since the 1990s ".com" boom and before, so what makes now the moment? The prognostications you'll hear in this session give us some insight into the answer, and we can be certain that this question will loom large at the coming Skift Global Forum as our sessions look to tackle the theme of “Connection in the Age of AI”.

What does this new frontier mean for the future… and for investors? Brad Gerstner of Altimeter Capital gives his unique, expert take. Plus, a rare interview with AI pioneer Mustafa Suleyman – the co-founder of Deepmind – on the big risks of artificial intelligence. And, we hear from Sridhar Ramaswamy – Neeva co-founder and Snowflake SVP – developed what some are calling a “co-pilot for the enterprise software industry.” He weighs in on the future of AI and the company that he thinks is winning the AI arms race.

Brandon is joined by Jamin Ball, a partner at Altimeter Capital and the author of the "Clouded Judgement" newsletter. Together, they delve into the crucial financial metrics utilized in evaluating cloud-based enterprises and examine the standout performers in the fourth quarter of 2022. Show Links A Look Back at Q4 '22 Public Cloud Software Earnings (https://cloudedjudgement.substack.com/p/a-look-back-at-q4-22-public-cloud?utm_source=post-email-title&publication_id=56878&post_id=113895854&isFreemail=true&utm_medium=email) The Cloudcast, The Evolution of SaaS Business Models, Episode 708 (https://www.thecloudcast.net/2023/04/the-evolution-of-saas-business-models.html) Clouded Judgement (https://cloudedjudgement.substack.com/) Contact Jamin LinkedIn (https://www.linkedin.com/in/jamin-ball-49366137/) SDT news & hype Join us in Slack (http://www.softwaredefinedtalk.com/slack). Get a SDT Sticker! Send your postal address to stickers@softwaredefinedtalk.com (mailto:stickers@softwaredefinedtalk.com) and we will send you free laptop stickers! Follow us on Twitch (https://www.twitch.tv/sdtpodcast), Twitter (https://twitter.com/softwaredeftalk), Instagram (https://www.instagram.com/softwaredefinedtalk/), Mastodon (https://hachyderm.io/@softwaredefinedtalk), LinkedIn (https://www.linkedin.com/company/software-defined-talk/) and YouTube (https://www.youtube.com/channel/UCi3OJPV6h9tp-hbsGBLGsDQ/featured). Use the code SDT to get $20 off Coté's book, Digital WTF (https://leanpub.com/digitalwtf/c/sdt), so $5 total. Become a sponsor of Software Defined Talk (https://www.softwaredefinedtalk.com/ads)! Special Guest: Jamin Ball.

Jamin Ball (@jaminball, Partner @ Altimeter Capital, author Clouded Judgement) talks about SaaS business models, common SaaS terminology in judging financials, models for multiples, the impact of interest rates, vision vs. productSHOW: 708CLOUD NEWS OF THE WEEK - http://bit.ly/cloudcast-cnotwNEW TO CLOUD? CHECK OUT - "CLOUDCAST BASICS"SHOW SPONSORS:CloudZero – Cloud Cost Visibility and Savings​​CloudZero provides immediate and ongoing savings with 100% visibility into your total cloud spendDatadog Monitoring: Modern Monitoring and AnalyticsStart monitoring your infrastructure, applications, logs and security in one place with a free 14 day Datadog trial. Listeners of The Cloudcast will also receive a free Datadog T-shirt.SHOW NOTES:Clouded Judgment SubstackBrandon's SDT PodcastTopic 1 - Welcome to our guest co-host, Brandon Whichard. Jamin, can you give everyone a quick introduction?Topic 2 - We've been huge fans of the Clouded Judgment Substack since inception in 2020. We regularly reference it during our weekly cloud news and recommend it as required reading for anyone interested in the business side of SaaS. What motivated you to start the substack?Topic 3 - Can you start with SaaS financial terminology. We hear terms like ARR, customer churn, NTM, EV, LTM, etc. For those new to this, what terms matter the most and why? What picture are you trying to construct about the business from these financial values?Topic 4 -  One of the sections of your newsletter is “multiples”, can you explain what multiples are and why you use Revenue Multiple as a valuation framework? What are the strengths and weaknesses of this framework? What other frameworks could be used?Topic 5 - Everyone is talking about the rise of interest rates, how do interest rates affect multiples and valuation? Why should we care about this? Why should employees at SaaS companies know about this? SaaS business models were on an up and to the right trend for a number of years but we've recently seen some ups and downs. What are your thoughts on the current and future state of SaaS as an industry sector?Topic 6 - The newsletter is very focused on financial metrics, how do you as an investor balance these metrics vs. product vision? How much revenue does a company need for this to become value? What metrics should an early startup focus on?FEEDBACK?Email: show at the cloudcast dot netTwitter: @thecloudcastnet

Pauline Yang is a partner at Altimeter Capital, a tech-focused crossover firm based in Menlo Park. She joined the team in 2017 and has worked on investments in Confluent, Epic Games, Gitlab, H1, Reify Health, Transposit, Unity, UiPath, and Workato. Prior to joining Altimeter, she was an investor at Berkshire Partners, a middle-market private equity firm where she focused on vertical software and consumer investments. She began her career working on M&A transactions at Blackstone. She graduated from Dartmouth College with a BA in economics. In this episode, we cover a range of topics including: - How she got into VC - Investment framework at crossover funds - Trends in AI/ML - Killer apps in AI - AI infrastructure - Generative AI -------- Where to find Prateek Joshi: Newsletter: https://prateekjoshi.substack.com Website: http://prateekj.com LinkedIn: https://www.linkedin.com/in/prateek-joshi-91047b19 Twitter: https://twitter.com/prateekvjoshi 

We sit down with Altimeter Capital's head of Capital Formation Meghan Reynolds (who previously was TPG's global co-head of Capital Formation for 10 years) to talk about everything that goes into the LP - GP relationship at venture funds. We cover how (and why) to think strategically about Capital Formation, why it should be about so much more the just investor relations / fundraising, and also why and how it's going to change dramatically over the next decade. This was a GREAT conversation, and very relevant for GPs, LPs, and also company founders and employees heading into 2023 and post zero-interest-rate capital markets. Links: Follow Meghan on Twitter! Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.  

Brad Gerstner of Altimeter Capital joins Molly and Jason for an epic Friday show. They chop it up about the state of the economy, what it actually means to be founder friendly and discuss which big tech companies are“fit”. (1:24) (0:00) J+M Kick off the show (1:24) Brad Gerstner joins Molly and Jason (10:28) Odoo - Get your first app free and a $1000 credit at https://odoo.com/twist (11:38) Brad presents on interest rates, inflation and business multiples (26:32) LinkedIn Marketing - Get a $100 LinkedIn ad credit at https://linkedin.com/thisweekinstartups (28:05) The Fed's core mission (37:54) Being founder friendly (39:42) Brad's letter to Meta (48:33) Companies that need to get fit (53:00) Google and Meta's fitness (58:08) The curse of the money-printing machine (1:00:01) Google vs ChatGPT (1:05:05) Is Uber fit? FOLLOW Jason: https://linktr.ee/calacanis FOLLOW Molly: https://twitter.com/mollywood Subscribe to our YouTube to watch all full episodes: https://www.youtube.com/channel/UCkkhmBWfS7pILYIk0izkc3A?sub_confirmation=1

Don't let the costumes fool ya, we're here to work this Monday as we talk about Ford's announcement to delay the deadline for dealers to decide on their EV future. We also talk about Ford's efforts to part ways with underperformers, as well as what one year of Meta being Meta has gotten us. Today's deadline Ford originally put in place for Dealers to make a decision whether or not to invest up to $1.2M and follow the standards required to sell EVs has been postponed until Dec 2nd after multiple requests from Dealers according to Ford spokesman Marty GunsbergThere are two tiers of certification. Both require no-negotiation pricing. The lower tier doesn't allow the Dealer to carry any inventory and carries sales limitsCertifications will last from 2024-2026 after which new dealers will be allowed to enter back into the certification process“A group of automotive trade association executives, representing associations in Virginia and 11 other southern states, this week asked Ford to "reconsider the Ford Model e program as it is currently described," saying it "includes unreasonable restrictions on dealer autonomy."TILI: We don't know the full reasoning, but it likely has to do more with legal action than Ford having a change of heartAn internal email circulated at Ford reveals the company is actively working to get underperforming workers out of the company. The Oct 4th email which was sent to all US managers focuses on all employees with 8 or more years with the company and have been identified as showing a pattern of underperformanceThey will be given the option to voluntarily quit to receive a severance package OR enroll in a 4-6 week “performance-enhancement plan”If they choose the enhancement plan, but do not improve, they will no longer be eligible for severanceEmployees identified as underperforming with less than seven years of service will face involuntary termination with severance“‘The changes are intended to simplify how managers confront poor performance and provide an alternative to the improvement plan, which can be an intense period of work for employees who have made up their minds,' the Ford spokeswoman saidFacebook hits the one year anniversary of its transformation into its current name, Meta and investors as well as the public don't seem very excited. In early 2021 then-Facebook was taking punches from leaked internal sources showing the company knew the negative impact it was having on society, concerns about Apple's new privacy rules, and TikTok's upswing. The company used the name change to Meta as an indicator of a page turned, and a bright futureAfter investing billions in metaverse dev, the company just announced its second ever revenue drop, and that profits have been cut in half. It's $1 Trillion market cap from last summer is now under one quarter of that…less than Home DepotBrad Gerstner, CEO of Altimeter Capital, a shareholder in Meta, released an open letteGet the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/ Read our most recent email at: https://www.asotu.com/media/push-back-email Share your positive dealer stories: ...

We look into the company's weird new future with Times tech reporter Kate Conger. Plus, how Apple is single-handedly deciding the future of the digital economy, and a social media death watch. Guest today:Kate Conger, a technology reporter in the San Francisco bureau of The New York TimesAdditional resources: Elon Musk has closed the $44 billion deal to own Twitter.In the lead up to the deadline to complete the acquisition of the social media service, Elon Musk visited Twitter's San Francisco office and sought to reassure advertisers about his plans for the platform through a Tweet.Spotify has struggled to bring audiobooks onto its platform after Apple rejected Spotify's new app three times.The CEO of Altimeter Capital, the hedge fund and Meta shareholder, wrote a critical open letter to Meta and Mark Zuckerberg.

After the best week for stocks since June, Carl Quintanilla, Jim Cramer and David Faber discussed a tale of two markets: The major indices look to extend Friday's rally as we begin a big week for mega-cap tech earnings, while China tech stocks take a beating after President Xi wins a third term and tightens his grip on power. Speaking of China, Tesla is cutting the price of its vehicles in that country, adding to what has been a rough month for the stock. The anchors also explored a double dose of Meta: Bank of America downgraded the stock to "neutral" and Brad Gerstner -- CEO of tech investment firm Altimeter Capital -- is calling on Mark Zuckerberg to cut costs and reduce spending at Meta. Also in focus: The jump in health-related stocks, the Musk-Twitter deal deadline looms, Schlumberger rebrands itself as "SLB" and Wall Street debates the chances of a recession.

Scott Wapner and the Investment Committee discuss this huge week of earnings and what it means for stocks. Plus, Brad Gerstner of Altimeter Capital sends an open letter to Mark Zuckerberg about Facebook, the Committee break down what it means for the name. And later, a Call of the Day on Disney, Wells Fargo calls it their favorite name in media, the Committee take their positions on the entertainment giant.

Our anchors begin today's show with Julia Boorstin covering activist investor Altimeter Capital calling on Meta to reduce headcount and limit its investments in the metaverse. Then, MoffettNathanson Senior Managing Director Michael Nathanson looks ahead to a massive series of big tech earnings on the horizon, and NorthmanTrader Founder Sven Henrich offers his outlook for the current bear market rally. Next, CNBC's Eamon Javers shares new reporting on investments in artificial intelligence made by Former Google CEO Eric Schmidt while chairing a federal commission on AI. Later, CNBC's Steve Kovach breaks down growth headwinds affecting Microsoft ahead of earnings this week, and Evercore ISI analyst Amit Daryanani previews Apple's upcoming results.

In this episode, we speak with Michel Tricot, Co-Founder & CEO of Airbyte, the new open-source data integration platform that syncs data from applications, APIs & databases to data warehouses, lakes and other destinations. Airbyte is backed by Accel, Benchmark, and Altimeter Capital, among other investors.  The company has raised over $180 million since its founding in 2020. Prior to founding Airbyte, Michel was a Founding Member & Director of Engineering at rideOS and before that was the Director of Engineering for LiveRamp.   I am your host RJ Lumba.  We hope you enjoy the show.

Jamin Ball is a Partner at Altimeter Capital, an investment firm focused on technology investments across both public and private markets globally. The firm was founded in 2008 by Brad Gerstner with just $3 million from friends and family. Altimeter now manages over $15 billion in assets with notable venture investments in the likes of Snowflake, Roblox, Twilio and Uber. Prior to Altimeter, Jamin was Vice President at Redpoint Ventures with investments in Workato, Monte Carlo, Cityblock Health and Root Insurance. Jamin began his career working in investment banking for Bank of America and Morgan Stanley. Download the Callin app for iOS and Android to listen to this podcast live, call in, and more! Also available at callin.com

Miguel Armaza sits down with Dan Westgarth, COO of Deel, a global payroll platform that helps businesses hire anyone, anywhere. Founded less than four years ago, Deel now serves 8,000 corporate customers in 150+ countries and has raised almost $700 million from a16z, Altimeter Capital, Y Combinator, Coatue, and a long list of great investors.In this episode, we discuss:Joining Revolut in London back when the company had only 10 employees and what Dan learned over the following five years.Leaving the Revolut rocketship to join Deel, yet another 10-person startup, to power the global remote work revolution right at the start of COVID.What it means to be COO at a fast-growing company and why it's crucial to adapt to change and master hiring strategies.How Deel scaled from $1M to $100M in Annual Recurring Revenue (ARR) in less than 20 months and why it was crucial to move fast and promote proactivity instead of reactivity to get there… and a whole lot more!Want more podcast episodes? Join me and follow Fintech Leaders today on Apple, Spotify, or your favorite podcast app for weekly conversations with today's global leaders that will dominate the 21st century in fintech, business, and beyond.Do you prefer a written summary, instead? Check out the Fintech Leaders newsletter and join 34,000+ readers around the world!Miguel Armaza is Co-Founder & Managing General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.Miguel on LinkedIn: https://bit.ly/3nKha4ZMiguel on Twitter: https://bit.ly/2Jb5oBcFintech Leaders Newsletter: bit.ly/3jWIpqp

In this episode, we speak with Ariel Katz, the CEO and Co-Founder of H1, which provides authoritative information about every Healthcare Provider (HCP) worldwide, including academics, clinicians, and allied health professionals.  Life sciences companies, hospitals and health systems use this platform to connect with established as well as emerging HCPs. The Company is backed by Altimeter Capital, IVP, Menlo Ventures, Goldman Sachs and other notable investors. Prior to H1, Ariel was the CEO and Co-Founder of ResearchConnection, the first searchable online database for all of the ongoing university research initiatives and research professors across the country.  I am your host RJ Lumba.  We hope you enjoy the show.

Investors are facing one of the most challenging backdrops in recent years amid slowing economic growth, rising inflation, and geopolitical conflicts. In this special series, Exchanges at Goldman Sachs: Great Investors, we speak with the world's most respected investors about their investing strategies, career trajectories, and their outlook on markets and the economy. In our most recent episode, Brad Gerstner, founder and CEO of Altimeter Capital, talks with Goldman Sachs' Katie Koch, Chief Investment Officer of Public Equities in the Asset Management Division, about the tech downturn and the launch of Altimeter at the peak of the financial crisis.

In this episode, we talk about all things risk. What is worth the risk? What isn't? How should entrepreneurs calculate and manage risk? Referenced in the episode: Reformers NFT Project - https://www.reformersnft.com/ (https://www.reformersnft.com/) Acquired Episode on Altimeter Capital - https://www.youtube.com/watch?v=npBC3R-dOr0&t=4402s (https://www.youtube.com/watch?v=npBC3R-dOr0&t=4402s) Follow Dean: https://twitter.com/deansweetman (https://twitter.com/deansweetman) Follow Michael: https://twitter.com/michaelwhittle (https://twitter.com/michaelwhittle) Follow us on https://my.captivate.fm/Instagram (Instagram), https://twitter.com/KingsPriestsPod (Twitter) & https://www.youtube.com/channel/UCvZvmgB35iOFoX2bncPdqmw (YouTube) and feel free to shoot us an email at mw@vast.faith with any feedback, recommendations, questions or ideas for future topics of conversation. 

We hear a lot these days about hedge funds becoming venture firms, and venture firms becoming hedge funds. But a decade before either of those approaches became mainstream, a tiny $3m fund in Boston named Altimeter Capital set out simply to invest in a concentrated portfolio of America's very best technology companies, regardless if they were public or private. Today that tiny firm has grown to nearly $15B under management and become a premier “capital partner” to founders at all but the very earliest stages — companies like Snowflake, Facebook, Roblox, Plaid, Grab and Acquired fan-favorite Modern Treasury. We sit down with founder & CEO Brad Gerstner to dive into the story behind Altimeter's meteoric rise. This episode has video! You can watch it on Spotify (right in the main podcast interface) or on YouTube. PSA: if you want more Acquired, you can follow our newly public LP Show feed here in the podcast player of your choice (including Spotify!). Sponsors: Thank you to our presenting sponsor for all of Season 10, Vanta! Vanta is the leader in automated security compliance – making SOC 2, HIPAA, GDPR, and more a breeze for startups and organizations of all sizes. You might say they're like the “AWS of security and compliance”. Everyone in the Acquired community can get 10% off using this link: https://bit.ly/acquiredvanta Thank you as well to Vouch and to SoftBank Latin America. You can learn more about them at: https://bit.ly/acquired-vouch https://bit.ly/acquiredsoftbanklatam Carve Outs: Brad's Twitter thread on Invest America: https://twitter.com/altcap/status/1347454947583950849?s=20&t=gM5zJMcq9p96GcjEHZw56w ‍Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.

We hear a lot these days about hedge funds becoming venture firms, and venture firms becoming hedge funds. But a decade before either of those approaches became mainstream, a tiny $3m fund in Boston named Altimeter Capital set out simply to invest in a concentrated portfolio of America's very best technology companies, regardless if they were public or private. Today that tiny firm has grown to nearly $15B under management and become a premier “capital partner” to founders at all but the very earliest stages — companies like Snowflake, Facebook, Roblox, Plaid, Grab and Acquired fan-favorite Modern Treasury. We sit down with founder & CEO Brad Gerstner to dive into the story behind Altimeter's meteoric rise.Sponsor: https://acquired.fm/zoominfoThis episode has video! You can watch it on YouTube.PSA: if you want more Acquired, you can follow our newly public LP Show feed here in the podcast player of your choice (including Spotify!).Carve Outs:Brad's Twitter thread on Invest America:  https://twitter.com/altcap/status/1347454947583950849?s=20&t=gM5zJMcq9p96GcjEHZw56w ‍Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.

The Nasdaq Composite closed lower for the 7th session in 8. Satori Fund's Dan Niles and BMO Capital's Brian Belski tackle the “Talk of the Tape.” Plus, tech investor Brad Gerstner from Altimeter Capital opens up his playbook and talks about his positions in Snowflake, Roblox, and Grab. And Morgan Stanley's Mike Wilson on his bold call. Why he's picking bonds over stocks right now.

Last month, Grab announced its plans to go public in the US via a merger with Altimeter Capital, a special purpose acquisition company. Shortly after, Grab unveiled an investor presentation that revealed previously closely guarded financial details. On this episode of Deep Dive, Tech in Asia industry analyst Simon Huang dives into the deck, parsing through what it says - and doesn’t say - and what it may indicate for the future of the Southeast Asian super app. Featured reporter: Simon Huang, Tech in Asia’s industry analyst based in Singapore Essential reading: 6 surprises from the reveal of Grab’s jealously guarded financials Retrace the forgotten history of Grab with this timeline Grab used this deck to reveal its financials to investors Visualizing the size of Grab Visual: Tracking Grab’s journey to a $40 billion valuation Breaking down Grab’s $40b valuation The superpower behind Grab’s super app? For more stories on Grab, click here Episode sponsor: HVR’s technology empowers organizations to realize their full potential with continuous, high-volume data movement between cloud-based and on-premise systems. Visit https://techin.asia/hvr to get fresh data when you need it.

Crossover technology investor Brad Gerstner discussed Altimeter Capital taking Grab public in the largest SPAC ever (38:55), why the IPO process is broken and how to fix it (12:55), and the responsibility of people with platforms to encourage responsible retail investing (22:12). As well as, how $2000 for every American invested in the public markets at birth would display the power of capitalism to improve lives (50:50) and more!

Crossover technology investor Brad Gerstner discussed Altimeter Capital taking Grab public in the largest SPAC ever (38:55), why the IPO process is broken and how to fix it (12:55), and the responsibility of people with platforms to encourage responsible retail investing (22:12). As well as, how $2000 for every American invested in the public markets at birth would display the power of capitalism to improve lives (50:50) and more!

Plaid, a unicorn that helps connect consumers' bank accounts to financial applications, has raised a $425 million Series D, it announced this morning. TechCrunch understands that the new capital infusion, led by Altimeter Capital, values the company at around $13.4 billion.

When Brad Gerstner, a “simple kid from Indiana” set out to build a brand-new investment firm in the swirl of the 2008 financial crisis, his friends and advisors told him he was nuts. But that company, Altimeter Capital, has become an incredibly successful vehicle-- not just for profits, but also for enabling entrepreneurs to do good. In this week's conversation, Bob learns why Brad needed to build Altimeter (it comes down to some advice from Jeff Bezos), how a conversation with his kids inspired him to establish the Board Challenge-- an initiative to quickly diversify corporate boards, and how watching his dad rally a small town to take on a goliath inspired his faith in politics. Plus, Brad shares a lesson from Burning Man... and how it changed his worldview might surprise you! Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

In today's episode of compounding lifestyle, we talk about What is the stock market is going to do today, $JNJ Johson and Jonhson Stock, and Coinbase IPO. Cryptocurrency giant Coinbase announced on Thursday that it has confidentially filed for a public offering, becoming the latest in a parade of high-profile startups to pursue an IPO in 2020. Founded in 2012 as a simple way for consumers to purchase Bitcoin, Coinbase has since become a conglomerate of crypto-related business and the standard-bearer for an industry long regarded with suspicion by regulators and the traditional financial establishment. The company launched in 2012 founded by Airbnb alum Brian Armstrong and Fred Ehrsam, and was valued at the end of 2020 at $8 billion. In July 2020, the company said it has 35 million users in 100 countries. Roblox Corp. will soon join the ranks of closely held companies turning to public markets to support growth. The San Mateo, Calif.-based videogame provider plans to hold a direct listing for its shares on or around March 10 on the New York Stock Exchange, bypassing the traditional route of an initial public offering. Coinbase has high trading fees and the company is profitable since 2017 which is rare among recent tech IPOs for the past years. Stocks going to recover from this point and consider loading up on worthy growth stocks discounted from their highs. FDA Gives Emergency Use Authorization For $JNJ Johnson & Johnson's COVID-19 Vaccine. The FDA has approved this vaccine for people over the age of 18. The FDA confirms that this vaccine is slightly less effective than the Moderna and Pfizer shots overall — but showed 85% efficacy against severe illness and complete protection against COVID-19 deaths 28 days after getting the shot. Roblox Corp. will soon join the ranks of closely held companies turning to public markets to support growth. The San Mateo, Calif.-based videogame provider plans to hold a direct listing for its shares on or around March 10 on the New York Stock Exchange, bypassing the traditional route of an initial public offering. Roblox is accessible on computers, consoles, and mobile devices. The company said it had roughly 33 million daily users last year, of whom more than half are under the age of 13. Roblox was privately valued at $29.5 billion in January after raising more than a half-billion dollars of funding from private investors such as Altimeter Capital and Dragoneer Investment Group. The company was valued at $4 billion following a February 2020 fundraising round led by Andreessen Horowitz. Roblox generated $923.9 million in revenue last year, up from $508 million in 2019. $TSLA $AAL $BNGO $MARA $M $AAPL $FCEL $REGN GOOGL $EZGO $MTCH $DIS $AMGN $ $TWTR $MVIS $PLTR $BFLY $ENZC $GM $ABNB $TRUE check for Coin Base IPO share prices are $200 estimated release date is late February or early March 2021 Control the Cash balance today and position yourself accordingly. Let's GO!!!!! Research Links: www.Finviz.com www.Nasdaq.com Learn more about options: https://tinyurl.com/Compounding-Lifestyle Music-Madam Wahala Beat - Nana Kwabena Voice Mail link, show us some love, call in to ask questions: https://anchor.fm/compounding-lifestyle/message (copy/paste the URL) Robinhood link: https://join.robinhood.com/arristw DISCLAIMER: These Podcasts are for educational purposes only. Nothing in this podcast should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial advisor before making any financial decisions. Do your research and due diligence. --- Send in a voice message: https://podcasters.spotify.com/pod/show/compounding-lifestyle/message Support this podcast: https://podcasters.spotify.com/pod/show/compounding-lifestyle/support

Cockroach Labs, makers of CockroachDB, have been on a fundraising roll for the last couple of years. Today the company announced a $160 million Series E on a fat $2 billion valuation. The round comes just eight months after the startup raised an $86.6 million Series D. The latest investment was led by Altimeter Capital […]

In this (big numbers!) episode, we discuss Roblox raising $520M led by Altimeter Capital and Dragoneer Investment Group, Star CitizenContinue Reading

Cockroach Labs, the NYC enterprise database company, announced an $86.6 million Series D funding round today. The company was in no mood to talk valuations, but was happy to have a big chunk of money to help build on its recent success and ride out the current economic malaise. Altimeter Capital and Bond co-led the […]

GitLab is a company that doesn't pull any punches or try to be coy. It actually has had a page on its website for sometime stating it intends to go public on November 18, 2020. You don't see that level of transparency from late-stage startups all that often. Today, the company announced a huge $268 million Series E on a tidy $2.768 billion valuation. Investors included Adage Capital Management, L.P, Alkeon Capital, Altimeter Capital, Blackrock, Inc.

Cockroach Labs, makers of CockroachDB, sits in a tough position in the database market. On one side, it has traditional database vendors like Oracle, and on the other there's AWS and its family of databases. It takes some good technology and serious dollars to compete with those companies. Cockroach took care of the latter with a $55 million Series C round today. The round was led by Altimeter Capital and Tiger Global along with existing investor GV.