Chris Haroun and guests react to how VCs view hedge funds. VCs see hedge funds as having shorter time horizons and seeking diversification, while some dismiss them as dumb money. The conversation references the TV show Billions and contrasts VC and hedge-fund investment philosophies.
Figure a fella flies out here, you'd show them something they might be able to invest in.
He's got a solid pitch,
and so your position in it must be thick as Nicki Minaj.
You didn't even hear it. Did I need to? Really? I promised to show Axe Investable startup.
So right there you saw how some VCs view hedge funds as dumb money. And Taylor is brilliant, though, and doesn't fall for it.
Hedge funds come out here, their time horizon is different. They want to tell their investors they're diversified.
That's what I offer to you. Thank you for a very pleasant day. Have your car take me to the airport. Mr. Axelrod insists on hearing bad news at once.
Accurate. Hedge funds, of course, have a shorter time horizon than venture capital firms do. Now, if hedge funds invest in venture capital, they often invest in later stage private companies, meaning later rounds like the D round, and usually closer to an ipo, so they can get a big return that moves the needle on their fund's performance.
