David Weisburd

And sometimes there's just so many different lenses to look at it.

And sometimes you end up in the same situation, but you have higher conviction.

Sometimes you change your mind.

Sometimes you are no, and now you're yes.

It's all over the place.

But just hearing different perspectives is so valuable.

It's something that venture firms have as their strength.

Maybe their weakness is they have too much money, but their strength is they have this different ways of looking at the same deal.

Was this a $2 billion round?

So essentially $300 million on a prototype, which this was a while back, was unusual.

In order for you to get these allocations and later rounds, is it prerequisite that you come in early?

Or could you have gotten in at the Series B, Series C?

One of the reasons I wanted to have you on the podcast is you kind of have two sides to you.

You have the crazy deep tech investor who goes very bullish on certain opportunities, but you also have the family office lens where you're building a portfolio strategy.

And you do have a rational side to you, not just investing into crazy startups that could go 100x or zero.

Because I do think family offices, depending on the dynamics, many of them are actually over diversified.

You call it de-worsified.

And there's these principal agent problems where the principal's job is not to lose money and they're not really trying to increase the family office.

You're obviously in growth mode.

Tell me how you build your portfolio construction when you're looking to grow, not just preserve your capital.