Scott Kupor is the managing partner at Andreessen Horowitz, also known as a16z for the 16 letters between the A in Andreessen and the z in Horowitz. Scott is responsible for all operational aspects of running the firm. He joined Andreessen at its inception in 2009 and has overseen its rapid growth from three employees and $300 million under management to 150 employees managing in excess of $10 billion. Scott has served on a number of industry-related Boards, including as Chairman of the Board of the National Venture Capital Association, and he currently sits on four non-profit Investment Committees. A few months ago, Scott published the national bestselling book, Secrets of Sand Hill Road: Venture Capital and How to Get It,https://amzn.to/2GX5O9M Our conversation is a full-blown overview of one of the leading venture capital firms and the dynamics at play in the venture industry. We cover Scott's shift from finance to an operating role, and from an individual producer to a manager, the formation of a16z, its founder-centric investment model, building services to increase their portfolio companies chance of success, sourcing investment ideas, conducting due diligence, making decisions, the competitive environment, Board seats, changes in the venture industry, the cardinal sins of venture investing, new frontiers for venture investment, how venture capitalists manage their own money, and the purpose of writing his book. Learn More Read the Transcript Subscribe to the Capital Allocators Blog or Monthly Mailing List Don't Subscribe, but Let Us Know Who You Are Write a review on iTunes Follow Ted on twitter at @tseides Review past episodes of the Podcast

David Druley is the CEO of Cambridge Associates, a global investment firm that works with premier institutional investors and family offices to manage custom investment portfolios that aim to generate outperformance so they can maximize their impact on the world. David works with Cambridge’s leaders to set and execute the firm’s strategy, enhance its capabilities, and evolve its processes. David brings a quarter-century of investment experience to the role, including a 16-year tenure at Cambridge. Our conversation covers David’s path from value investing to Cambridge Associates, including a key early career lesson in calibrating risk tolerance. We discuss the history of Cambridge Associates, key characteristics of generating great investment returns, the manager selection process, and David’s take on co-investments, long-only managers, hedge funds, fixed income, innovation, and future opportunities and challenges for the business. The discussion offers a nice compliment to my earlier conversation with Margaret Chen, who oversees Cambridge Associates’ OCIO business.  You can find that conversation replayed right after this one on the feed. Learn More Read the Transcript Subscribe to the Capital Allocators Blog or Monthly Mailing List Don't Subscribe, but Let Us Know Who You Are Write a review on iTunes Follow Ted on twitter at @tseides Review past episodes of the Podcast