Eric Resnick is the co-founder and CEO of KSL Capital Partners, a private equity firm launched in 2005 that specializes in the travel and leisure industry. KSL seeks to create remarkable destinations and businesses that inspire joy and awe.  The firm manages $21 billion, including investments in Alterra Mountain Company, the second-largest ski company in the world and the creator of the Ikon Pass, Under Canvas, Baillie Lodges, and Outrigger Hotels & Resorts. The firm’s portfolio includes many other investments that touch nearly every segment of the travel and leisure industry globally. Our conversation covers KSL’s beginning as a KKR portfolio company, formation of KSL Capital Partners after a successful exit, and the case for travel and leisure investments. We discuss sourcing targets, consumer experience, operations, competition, capital allocations, opportunities, and risks. We close discussing exit strategies and the future of KSL. For full show notes, visit the episode webpage here. Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership

Chris Sacca is one of the most accomplished venture investors of the last half century. He founded Lowercase Capital in 2010 and made seed stage investments in Twitter, Uber, Instagram, Blue Bottle Coffee, and Stripe. Lowercase’s first fund famously became one of the highest returning venture funds in history and landed Chris at #2 on the Midas List in 2017. After retiring together with his wife Crystal that year, they came back to the business to found Lowercarbon Capital to fund “kickass companies that make money slashing carbon emissions.” Lowercarbon manages in excess of $2 billion of outside capital, excluding its largest investor – Chris and Crystal. Our conversation covers Chris’s humble upbringing, early entrepreneurial endeavors, and ups and downs in his early professional years. We cover his transition to Google, foundations of his investing philosophy at Lowercase, and work today at Lowercarbon. Along the way, Chris shares his sourcing of deals, evaluation of founders, and work with portfolio companies. He is a gifted storyteller and a walking case-study on grit. For full show notes, visit the episode webpage here. Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership