LA Venture TenOneTen

Shrina Kurani is an investor actively writing checks to help catalyze emerging managers as part of IBank’s Venture Capital Access Program.  Shrina and the team at IBank are happy to be a part of a fund's first close and they participate with meaningful capital ($5M-$10M). It is easy to apply to the IBank program and Shrina says that she hopes to be "bombarded" with decks from amazing fund managers.

Venture capital is a team sport masquerading as an individual sport.  Rayfe Gaspar-Asaoka, partner at Canaan Partners, tells us why he thinks VC partnerships resemble a swim team.  
We also talk about space and defense tech, the evolution of venture capital, how generational transition can work well and why a thoughtful reserve strategy has outsized leverage, especially in early stage venture firms.

More growth rounds in 2024!  Avery Rosin is writing $50-300M checks for Lead Edge Capital. He thinks PE firms are going to continue being acquisitive, companies are going to reorient around the Rule of 40 and more reasons for his optimism.

Have VCs overreacted against investing in consumer?  Shamin Walsh has a 10x fund and numerous case studies to show that consumer can provide huge returns when done right. 
Shamin shares how to win when investing in consumer (eg: invest in a cat litter company that raises $1.5M and exits for $500M!!)

Michael Tubbs gained national prominence when he became the youngest mayor of any major American city at age 26. He was a hero of the universal basic income movement until he suddenly lost reelection. Listen to his lessons learned and think about what you're willing to stick your neck out and lose for.
Tubbs is now investing out of Tubbs Ventures, where he focuses on government technology and solving fundamental societal problems.

Josh Resnick is the co-founder of candy brand Sugarfina, where he sold very expensive gummy bears that made people happy. Before Sugarfina, he sold his video game developer Pandemic Studios for $860M. 
He is now a General Partner at OpenSky Ventures where he invests in the future of commerce and helps founders avoid pitfalls of growing too fast--adding SKUs too quickly, not having a handle on business data, overspending on legal and other lessons he's learned from his founder and angel investing journey.