Historically, the private markets have been on the fringe, but as trillions of dollars have flowed into this dynamic asset class, there is an increasing need for greater insight. Since 2007, PitchBook has been shining a light on key trends and events in venture capital, private equity and M&A through comprehensive data and detailed analysis. Subscribe to our podcast for thoughtful conversations with industry leaders and PitchBook analysts to help you better understand the evolving capital markets.
Seeding the next generation of UK unicorns
24:45Ian Connatty, managing director for funds at British Patient Capital joins the show to help us explore the VC ecosystem in the UK, including why we may be seeing larger rounds for UK companies, what changes could create a more favorable exit environment and more.This is the last weekly episode of Season 4, but stay tuned for more timely in-depth conversations on your podcast feed and through PitchBook webinars.
How non-dilutive financing could reshape VC
46:22Miguel Fernandez, co-founder and CEO of Capchase, and Matt Burton, partner at QED Investors, discuss the growing number of options for founders to raise capital outside of traditional VC and venture debt. Plus, Hilary Wiek joins to share findings from the 2021 Sustainable Investment Survey (with more to be shared in our upcoming webinar).Listen to all of Season 4 and subscribe to get future episodes of "In Visible Capital" on Apple Podcasts, Spotify, Google Podcasts or wherever you listen. For inquiries, please contact us at firstname.lastname@example.org.
Soccer clubs, the Super League and the future of sports investing
38:36The fervent backlash to a proposed Super League of European football clubs caused that organization to suspend operations and cast doubt on the viability of new ownership structures within those clubs. One investor is approaching investments in the space with that in mind, and on this episode of “In Visible Capital,” Andrew Woodman interviews Joe DaGrosa of DaGrosa Capital Partners and Kapital Football to share his perspectives on how to successfully invest in European football clubs. Topics include:Why current valuations present an intriguing near-term opportunity for investorsHow investing in players fits into their strategyHow shifting audience behaviors will impact investments in professional sportsPlus, co-host Adam Lewis signs off for the last time and reflects on his favorite episodes, including:The Great UnlocationingMaven CEO James Heckman on Sports Illustrated's FutureLet’s talk about race
Why a hedge fund joined VC's cybersecurity arms race
32:44Hosts Adam Lewis and Alec Davis discuss recent coverage of the femtech frenzy, PE's march on VC and an update on the red-hot fintech space. Then, Maverick Ventures managing director Matt Kinsella joins the show to share his perspectives after moving from hedge fund Maverick’s public equity business in 2014 to help start Maverick Ventures. Topics include:The mindset shift required to move from public stock picking to early-stage investmentsHow the influx of capital from hedge funds and other entrants into the venture space will impact entrepreneurs and the VC ecosystemWhy he’s bullish on cybersecurity investments as the digital arms race continues to escalate
LPs' take on the changing world of venture
31:53PitchBook senior analyst Joshua Chao discusses key trends from the H1 2021 Greater China Venture Report before Hamilton Lane managing partner Miguel Luiña joins to share his perspectives on the challenges facing emerging fund managers, the democratization of venture capital and the lack of liquidity for venture investors.
Private equity's sports investing playbook
35:50PitchBook senior editor James Thorne discusses the risks facing VC investors with stakes in Chinese companies as a regulatory crackdown looms, and then RedBird Capital managing partner Rob Klein joins the show to discuss the firm's sports investing strategy, including recent deals for stakes in the Boston Red Sox, Liverpool FC and, alongside Dwayne "The Rock" Johnson, buying the XFL out of bankruptcy.
The rise of Edison Partners in the PE growth landscape
47:49PitchBook emerging technology analyst Robert Le shares some insights from the Q1 and Q2 Insurtech reports before Edison Partners general partner Kelly Ford joins the show to discuss how that New Jersey-based investor has successfully transitioned from venture capital investing to growth equity while specializing in the enterprise software space. Ford also shares insights into how Edison has managed to exceed benchmarks in hiring a diverse workforce.
The venture ecosystem’s fundraising shakeup
34:20PitchBook’s head of Emerging Technology Research shares insights from our latest Emerging Technology Indicator report before Alexander Davis chats with Samir Kaji, a veteran Silicon Valley VC fundraising adviser and co-founder of Allocate. Kaji breaks down how venture capitalists increasingly are opening up their fundraising beyond big institutional partners to family offices, individuals and independent asset managers. This episode is sponsored by Vanta.
Venturing outside Silicon Valley
53:20PitchBook's Lead Quantitative Research Analyst Andy White joins to discuss the trends his team is seeing within the data in our latest U.S. VC Quantitative Perspectives report. Then, Collin Gutman, co-founder and Managing Partner of SaaS Ventures, shares his thoughts on what it takes to grow venture ecosystems in cities outside traditional tech hubs and why he’s more bullish than ever on the future of tech. This episode of “In Visible Capital” is sponsored by Vanta.
"The Cult of We" with Eliot Brown
52:28Hosts Adam Lewis and Alec Davis discuss how China's tech crackdown could impact Softbank before Eliot Brown, a reporter for the Wall Street Journal, joins the show to discuss "The Cult of We: WeWork and the Great Start-Up Delusion" That's the book he co-authored with Maureen Farrell detailing the rise and fall of WeWork. Hear stories uncovered during their in-depth reporting as co-host Alec Davis and Brown dig into the lessons that investors can take from this story.