VC10X - Investing, Venture Capital, Asset Management, Private Equity, Family Office

Prashant Choubey
  • 5.0 (3)
  • INVESTING
  • UPDATED WEEKLY

VC10X brings you inside the minds of top venture capitalists, investors, fund managers, and family offices shaping the future of global investing. Each episode dives deep into proven investment strategies, portfolio construction, due diligence, valuations, risk management, exits, and wealth creation frameworks used by leading experts. Whether you’re an investor, founder, or finance enthusiast, you’ll gain rare insights into how capital is deployed, returns are generated, and long-term value is built. Hosted by Prashant Choubey

  1. 1D AGO

    VC10X Micro - Is Anthropic the New King of AI? - The Department of Defense Deal

    In one week, Claude went from #131 to #1 on the App Store. ChatGPT uninstalls surged 295%. And Sam Altman publicly admitted his company's communications were "opportunistic and sloppy." We break down exactly what happened — and what it means for the future of AI investment. In this episode: → Why Anthropic walked away from a $200M Pentagon contract — and what their two specific red lines were → The full timeline of Sam Altman's communications breakdown: the vague X post, the AMA that backfired, and the Monday admission → Why the enterprise data is the most important story nobody is talking about (50%+ of US business AI spend) → Anthropic's $20B revenue run rate and what the download data actually shows → What this week means for investors watching the AI competitive landscape LINKS Prashant Choubey - ⁠https://www.linkedin.com/in/choubeysahab⁠ Subscribe to VC10X newsletter - ⁠https://vc10x.beehiiv.com⁠ Subscribe on YouTube - ⁠https://youtube.com/@VC10X ⁠ Subscribe on Apple Podcasts - ⁠https://podcasts.apple.com/us/podcast/vc10x-investing-venture-capital-asset-management-private/id1632806986⁠ Subscribe on Spotify - ⁠https://open.spotify.com/show/7F7KEhXNhTx1bKTBFgzv3k?si=WgQ4ozMiQJ-6nowj6wBgqQ⁠ VC10X website - ⁠https://vc10x.com⁠ For sponsorship queries reach out to prashantchoubey3@gmail.com SUBSCRIBE FOR MORE VC10X breaks down the most important stories in finance, tech, and markets every week. Subscribe for actionable insights. #Anthropic #OpenAI #AIInvesting #Claude #ChatGPT #VC10X #VentureCapital #TechInvesting`

    11 min

  2. 3D AGO

    Family Office Roundtable 2026 - $124 Trillion Wealth Transfer, AI, & Private Markets

    In the inaugural Family Office Roundtable at VC10X, host Prashant sits down with Ronald Diamond, Founder & Chairman of Diamond Wealth, and Wendy Craft, CEO of Elle Family Office, for a candid conversation on what's really happening inside family offices today. From AI tools that are already replacing analysts, to the private equity liquidity crisis, to the $124 trillion wealth transfer heading to the next generation. ⭐ Sponsored by Podcast10x - Podcasting agency for VCs - https://podcast10x.com What we cover: - How AI is transforming deal flow, due diligence & the analyst role - Where family offices are allocating right now — and what's broken in private equity - Why after-tax returns are the only number that matters - The rise of ETFs and tax-loss harvesting as game changers for families - SFO vs. MFO — and why 85-90% of family offices shouldn't exist - Next gen wealth transfer & why most families are failing at it - The role of family office capital in solving real-world problems Timestamps: (00:00) - Introduction: The Future of Family Offices (01:26) - Welcoming Guests: Ronald Diamond & Wendy Craft (02:18) - The Role of AI in Family Offices (03:40) - A Cautious Approach to AI Investment (04:52) - How AI is Disrupting Due Diligence (07:43) - Replacing Analysts with AI to Cut Costs (09:42) - AI Efficiency vs. The Need for Human Oversight (11:17) - Case Study: How Large Families Use AI for Efficiency (13:12) - Can AI Handle Proactive Deal Sourcing? (14:16) - The Importance of Human Networks in Deal Flow (15:58) - Portfolio Construction: Public vs. Private Markets (17:52) - The Problem with Private Equity's Long Lock-up Periods (19:57) - Contrasting Private Equity with the Family Office Model (22:30) - The Tax Angle: Liquidity vs. Long-Term Investment (24:10) - The Growing Focus on After-Tax Returns (27:00) - The Emergence of ETFs for Tax Efficiency (29:13) - Venture Capital Investing Styles for Family Offices (31:28) - Why Inexperienced Family Offices Should Outsource VC (34:26) - The Rise of OCIOs for Next-Generation Wealth Management (35:54) - The Future: Outsourcing to MFOs and OCIOs (38:22) - MFOs vs. OCIOs: What's the Difference? (41:28) - Educating and Including the Next Generation (44:20) - How the Next Generation's Investment Interests Differ (45:00) - The Philanthropic Potential of Family Offices (48:01) - Youth's Belief in AI to Solve Societal Issues (49:23) - The Negative Impact of Technology on Mental Health (54:55) - Portfolio Hedges: Gold, Silver, and Bitcoin (56:31) - The Evolution of Cryptocurrency as an Asset Class (58:13) - Skepticism and Risks in the Crypto Market (01:02:43) - Interest in Gold, Silver, and Critical Minerals (01:03:23) - Parting Advice for Family Offices (01:03:54) - Ron's Advice: Run it Like a Business or Outsource (01:04:56) - Wendy's Advice: The Efficiency of MFOs for Most Families -- Guests: 🔹 Ronald Diamond — Founder & Chairman, Diamond Wealth | Syndicate of 100+ Family Offices ($250M–$30B) 🔹 Wendy Craft — CEO, Elle Family Office | Atlanta, GA --- LINKS Wendy Craft - https://www.linkedin.com/in/wendy-craft-7281176 Ronald Diamond - https://www.linkedin.com/in/ronalddiamond Prashant Choubey - ⁠https://www.linkedin.com/in/choubeysahab⁠ Subscribe to VC10X newsletter - ⁠https://vc10x.beehiiv.com⁠ Subscribe on YouTube - ⁠https://youtube.com/@VC10X ⁠ Subscribe on Apple Podcasts - ⁠https://podcasts.apple.com/us/podcast/vc10x-investing-venture-capital-asset-management-private/id1632806986⁠ Subscribe on Spotify - ⁠https://open.spotify.com/show/7F7KEhXNhTx1bKTBFgzv3k?si=WgQ4ozMiQJ-6nowj6wBgqQ⁠ VC10X website - ⁠https://vc10x.com⁠ For sponsorship queries, reach out to prashantchoubey3@gmail.com Subscribe for more conversations at the intersection of family office investing, private markets, and emerging trends in wealth management. #FamilyOffice #PrivateEquity #WealthManagement #AI #VentureCapital #NextGen #Investing

    1h 6m

  3. FEB 26

    VC10X Micro - AI v/s Humans - The debate we aren't ready for

    Sam Altman recently defended AI's massive energy consumption by saying humans are energy-intensive too — consuming energy for 20 years before becoming useful. We think it deserves a harder look. In this episode, we break down why that comparison is more than a clever deflection. We examine what AI's learning actually runs on and why that changes the argument entirely, why reducing humans to an efficiency metric is a framing worth resisting, and why this particular narrative is one that venture capitalists find very easy to fund — which tells you something important in itself. We also look at what this means practically for investors: how to stress-test civilisational storytelling, which regulatory risks are being underpriced, and why energy intensity is a structural cost question as much as an environmental one. No drama. Just clear analysis of a soundbite that slipped past most people — and probably shouldn't have. LINKS Prashant Choubey - ⁠https://www.linkedin.com/in/choubeysahab⁠ Subscribe to VC10X newsletter - ⁠https://vc10x.beehiiv.com⁠ Subscribe on YouTube - ⁠https://youtube.com/@VC10X ⁠ Subscribe on Apple Podcasts - ⁠https://podcasts.apple.com/us/podcast/vc10x-investing-venture-capital-asset-management-private/id1632806986⁠ Subscribe on Spotify - ⁠https://open.spotify.com/show/7F7KEhXNhTx1bKTBFgzv3k?si=WgQ4ozMiQJ-6nowj6wBgqQ⁠ VC10X website - ⁠https://vc10x.com⁠ For sponsorship queries reach out to prashantchoubey3@gmail.com SUBSCRIBE FOR MORE VC10X breaks down the most important stories in finance, tech, and markets every week. Subscribe for actionable insights.

    7 min

  4. FEB 23

    VC10X - The Consumer AI Opportunity Nobody Is Chasing ft. Ankur Sethi, Founder, Winner Capital

    Ankur Sethi spent years at two of India's most iconic startups — Swiggy and Paytm — before leaving his operating role to found Winner Capital, a consumer-first, AI-native syndicate investing out of North America. ⭐ Sponsored by Podcast10x - Podcasting agency for VCs - https://podcast10x.com In this episode, we get into: → Why consumer AI is massively underfunded while enterprise SaaS gets all the attention → What "durable retention" actually looks like — and the ambassador signal every founder should watch for → The 0→1, 1→10, 10→100 framework and how your mindset must shift at each stage → Why unit economics are non-negotiable even at pre-seed → The one operating principle from Swiggy & Paytm that most founders underestimate until it's too late → Why launching a fund during a market correction is actually an advantage → His honest take on India as a market — and when Winner Capital plans to enter If you're a founder building in consumer tech or AI, or an operator thinking about making the leap into venture, this one is for you. 🔔 Subscribe for weekly conversations with the investors shaping the next generation of startups. 📩 Reach Ankur at ankur@winner.capital or find him on LinkedIn - https://www.linkedin.com/in/1ankursethi/ Timestamps: (00:00) - Two narratives of AI: Just getting started vs. over-hyped. (00:49) - Introduction to Ankur Sethi and Winner Capital. (02:21) - The market gap that led to starting a consumer-focused AI fund. (03:40) - Why Ankur believes we are just at the start of the AI revolution. (06:23) - Winner Capital's focus on the AI application layer for consumers. (07:32) - Managing fund dynamics for deep tech vs. software AI investments. (10:07) - A founder conversation that changed Ankur's conviction about a market. (15:26) - Clearest indicators of durable retention in consumer AI. (18:21) - The opportunity of launching a fund during a market correction. (20:27) - The operational shift from the 0-to-1 to the 10-to-100 million journey. (26:01) - The one operating principle from Paytm/Swiggy that founders underestimate. (30:01) - Balancing growth vs. unit economics at the seed stage. (36:08) - Ankur's perspective on India as a market and talent base. (38:57) - Start of the rapid-fire round. Podcast Links: Prashant Choubey - https://www.linkedin.com/in/choubeysahab Subscribe to VC10X newsletter - https://vc10x.beehiiv.com Subscribe on YouTube - https://youtube.com/@VC10X Subscribe on Apple Podcasts - https://podcasts.apple.com/us/podcast/vc10x-investing-venture-capital-asset-management-private/id1632806986 Subscribe on Spotify - https://open.spotify.com/show/7F7KEhXNhTx1bKTBFgzv3k?si=WgQ4ozMiQJ-6nowj6wBgqQ VC10X website - https://vc10x.com For sponsorship queries, reach out to prashantchoubey3@gmail.com #consumerai #venturecapital

    41 min

  5. FEB 19

    VC10X Micro - Why Safety is No Long a Priority for AI Giants

    Anthropic was founded by former OpenAI leaders who left over safety concerns. Now, Anthropic’s own safety lead is leaving over safety concerns. In the same week: • Claude Cowork wiped $285 billion off SaaS market caps • Anthropic is reportedly closing a $20 billion round at a $350 billion valuation • And an internal letter warns that the organization “constantly faces pressures to set aside what matters most” This episode breaks down the structural tension at the heart of the AI race: – Can frontier labs remain safety-first at $350B valuations? – How capital markets distort governance incentives – Why “catastrophic scenario avoided” is invisible to investors – The prisoner’s dilemma forming between OpenAI, Anthropic, and Big Tech – What this means for SaaS, labor displacement, and regulatory risk This is not a philosophical debate. It is capital allocation risk at system scale. For fund managers, venture investors, and operators, the question is simple: Can safety survive trillion-dollar incentives? LINKS Prashant Choubey - ⁠https://www.linkedin.com/in/choubeysahab⁠ Subscribe to VC10X newsletter - ⁠https://vc10x.beehiiv.com⁠ Subscribe on YouTube - ⁠https://youtube.com/@VC10X ⁠ Subscribe on Apple Podcasts - ⁠https://podcasts.apple.com/us/podcast/vc10x-investing-venture-capital-asset-management-private/id1632806986⁠ Subscribe on Spotify - ⁠https://open.spotify.com/show/7F7KEhXNhTx1bKTBFgzv3k?si=WgQ4ozMiQJ-6nowj6wBgqQ⁠ VC10X website - ⁠https://vc10x.com⁠ For sponsorship queries reach out to prashantchoubey3@gmail.com SUBSCRIBE FOR MORE VC10X breaks down the most important stories in finance, tech, and markets every week. Subscribe for actionable insights.

    6 min

  6. FEB 17

    VC10X - What VCs Should Look for in a Fund Administrator - Shalin Madan, Co-founder, Formidium

    What should VCs actually look for in a fund administration partner? In this episode of VC10X, we sit down with Shalin Madan, Co-Founder of Formidium - a global fund administration platform supporting venture capital, private equity, hedge funds, and alternative asset managers with over $33B+ in assets under administration. We go beyond the surface-level checklist and unpack what truly matters when selecting a fund administrator - especially for emerging managers. ⭐ Sponsored by Podcast10x - Podcasting agency for VCs - https://podcast10x.com Topics covered: • The most overlooked due diligence question when choosing a fund admin • Why business model sustainability matters more than branding • How technology reflects internal discipline (and why “banning Excel” matters) • The hidden costs of managing operations in-house • Why durability is becoming more important than performance • How LP scrutiny is evolving • Why many funds and companies may not survive the next few years Infrastructure is no longer back office — it’s strategy. If you're building a fund designed to last 10+ years, this episode will change how you think about operations, risk, and long-term durability. Timestamps: (00:00) - The Hidden Costs of In-House Operations (00:33) - Introduction to Fund Administration and Guest Shaleen Madan (01:49) - Sponsor: Podcast 10X for VCs (02:47) - Critical Due Diligence for Selecting a Fund Administrator (04:16) - How a Tech Stack Signals Quality and Reduces Risk (05:23) - Early Trends in Capital Flows and Investor Behavior (07:39) - The Institutionalization of Family Offices (09:09) - How Emerging Managers Can Handle Future Regulatory Changes (11:12) - In-House vs. Outsourcing: A Former Fund Manager's Perspective (13:54) - The Unique Operational Challenges of Crypto-Native Funds (16:35) - How Back-Office Needs Differ Across Asset Classes (20:09) - How to Properly Vet a Service Provider's Expertise (21:33) - A Contrarian Take on Capital Flows and Market Dynamics (26:56) - The Impact of AI on Pricing Power and Outsourcing (29:18) - Key Questions LPs Should Ask About Operational Infrastructure (31:36) - Lessons Learned from Rapidly Scaling a Business (33:26) - Where to Find Shaleen Madan and Formidium Connect with Shalin: Website - https://formidium.com/ Linkedin - https://www.linkedin.com/in/shalin-madan-caia-b00239/ Podcast Links: Prashant Choubey - https://www.linkedin.com/in/choubeysahab Subscribe to VC10X newsletter - https://vc10x.beehiiv.com Subscribe on YouTube - https://youtube.com/@VC10X Subscribe on Apple Podcasts - https://podcasts.apple.com/us/podcast/vc10x-investing-venture-capital-asset-management-private/id1632806986 Subscribe on Spotify - https://open.spotify.com/show/7F7KEhXNhTx1bKTBFgzv3k?si=WgQ4ozMiQJ-6nowj6wBgqQ VC10X website - https://vc10x.com For sponsorship queries, reach out to prashantchoubey3@gmail.com #VentureCapital #FundAdministration #EmergingManagers #PrivateEquity #VC10X

    34 min

  7. FEB 12

    VC10X Micro - The Great AI Rotation: From SaaS to Semiconductors and Power

    Over the past several weeks, nearly $1 to $2 trillion in market value has been erased from software and SaaS equities. At the same time, semiconductor foundries and data center infrastructure companies are demonstrating relative resilience, and in some cases outperforming. This episode examines whether we are witnessing a temporary correction or a structural repricing of the AI technology stack. We break down: • The 20 to 25 percent correction in the S&P 500 Software & Services Index • Why AI-native tooling, including developments from Anthropic and other model providers, is pressuring traditional SaaS assumptions • The resilience of advanced-node manufacturers like TSMC • IonQ’s acquisition of SkyWater Technology and what it signals about vertical integration and domestic manufacturing• The accelerating build-out of power and cooling infrastructure, with companies like Vertiv benefiting from AI-driven density requirements • Where durable value may accrue across the AI stack For allocators, venture investors, and operators, this is less about short-term volatility and more about capital rotation. The key question is no longer whether AI is real. It is where long-term value concentrates: Application layer Compute layer Physical infrastructure enabling it If you allocate capital across technology, public or private, this is a critical moment. Subscribe to VC10X for in-depth conversations with leading fund managers, founders, and LPs navigating the next phase of the AI cycle. LINKS Prashant Choubey - https://www.linkedin.com/in/choubeysahab Subscribe to VC10X newsletter - https://vc10x.beehiiv.com Subscribe on YouTube - https://youtube.com/@VC10X Subscribe on Apple Podcasts - https://podcasts.apple.com/us/podcast/vc10x-investing-venture-capital-asset-management-private/id1632806986 Subscribe on Spotify - https://open.spotify.com/show/7F7KEhXNhTx1bKTBFgzv3k?si=WgQ4ozMiQJ-6nowj6wBgqQ VC10X website - https://vc10x.com For sponsorship queries reach out to prashantchoubey3@gmail.com SUBSCRIBE FOR MORE VC10X breaks down the most important stories in finance, tech, and markets every week. Subscribe for actionable insights Let us know in the comments: Is software experiencing temporary multiple compression or structural repricing? #AI #VentureCapital #SaaS #Semiconductors #DataCenters #TechInvesting #CapitalMarkets

    5 min

  8. FEB 10

    LP10X - Advising $90 Billion in Institutional Capital - Nolan Bean, CIO, FEG Investment Advisors

    How do the world’s smartest institutional investors actually allocate capital? In this episode, we sit down with Nolan, a veteran CIO with over two decades of experience allocating capital for endowments, foundations, family offices, and healthcare systems — overseeing more than $90B in assets across public and private markets. We go deep into how institutions think about risk, liquidity, and long-term returns, why venture capital remains a power-law game, and how investors are navigating today’s biggest shifts — from AI and private credit to diversification risks and market cycles. This conversation pulls back the curtain on how capital is really deployed behind closed doors — especially in a world where exits are slower, fundraising is harder, and everyone is asking whether we’re closer to 1997… or 1999. ⭐ Sponsored by Podcast10x - Podcasting agency for VCs - https://podcast10x.com What you’ll learn in this episode: - How institutions decide how much risk they can truly take - Why venture capital allocations haven’t disappeared — but have slowed - Private credit vs venture capital: how LPs actually think about the trade-off - How AI is reshaping portfolios across public and private markets - Why diversification matters more now than during bull markets - What CIOs are watching for as we head into 2026 Whether you’re a fund manager, LP, founder, or just curious about how institutional money really works, this episode offers rare, first-principles insight into long-term capital allocation. (00:00) - Podcast Teaser: Risk, Returns, and Venture Capital (00:48) - Introduction to Nolan Bean and FEG Investment Advisors (02:20) - Nolan's Career Journey: From Associate to CIO (03:16) - What is FEG and the Outsourced CIO (OCIO) Model? (05:18) - The Four Key Risks for Institutional Investors (08:32) - Ranking Institutions by Risk Appetite (10:20) - A Breakdown of Institutional Asset Classes (13:05) - Institutional Openness to New Investment Strategies (15:30) - The Evolving Landscape of Venture Capital (17:36) - Why VC Fundraising Has Slowed Down (19:12) - Venture Capital vs. Private Credit: An Institutional Debate (21:32) - Current Institutional Preferences in VC Funds (Stage & Sector) (24:01) - Evaluating the Risk of an AI Bubble (26:54) - Domestic vs. Global Allocations (29:19) - The Unspoken Need for Diversification (31:29) - Commodities as a Portfolio Hedge (34:29) - Advice for Fund Managers Raising Capital (36:22) - Market Outlook and Expectations for 2026 Connect with Nolan: https://www.linkedin.com/in/nolanbean/ Podcast Links: Prashant Choubey - https://www.linkedin.com/in/choubeysahab Subscribe to VC10X newsletter - https://vc10x.beehiiv.com Subscribe on YouTube - https://youtube.com/@VC10X Subscribe on Apple Podcasts - https://podcasts.apple.com/us/podcast/vc10x-investing-venture-capital-asset-management-private/id1632806986 Subscribe on Spotify - https://open.spotify.com/show/7F7KEhXNhTx1bKTBFgzv3k?si=WgQ4ozMiQJ-6nowj6wBgqQ VC10X website - https://vc10x.com For sponsorship queries, reach out to prashantchoubey3@gmail.com

    39 min
See All (274)

Ratings & Reviews

5
out of 5
3 Ratings

About

VC10X brings you inside the minds of top venture capitalists, investors, fund managers, and family offices shaping the future of global investing. Each episode dives deep into proven investment strategies, portfolio construction, due diligence, valuations, risk management, exits, and wealth creation frameworks used by leading experts. Whether you’re an investor, founder, or finance enthusiast, you’ll gain rare insights into how capital is deployed, returns are generated, and long-term value is built. Hosted by Prashant Choubey

Information

You Might Also Like