David Weisburd

It's like their number one fear.

What did your parents do that instilled that drive in you?

Tell me about that.

I had the former CEO of the Walton family, Stephen Roach, and he talked about how giving in a family office is really critical because it provides a purpose for the wealth and for the foundation.

Do you think that giving is a prerequisite for building this purpose and keeping younger generations from just spending all the money on frivolous things?

Nate, you have three kids.

How are you raising them and what values are you instilling in them to continue a family's legacy?

There's nuance there because you want to wire their brain in a way where they're not being punished by having to give, but they're enjoying it.

They kind of have this intrinsic motivation.

If you could go back to before you started your first company in the food business and before you started your venture fund, what is one piece of timeless advice you'd give a younger Nate?

You ever read the book, Never Eat Alone?

I'm preparing for my interview with Keith Ferrazzi.

It's one of the books that really influenced me.

In many ways, we grew up on the opposite side of the tracks.

I grew up in Section 8 housing as an immigrant.

You grew up, obviously, in a privileged background.

But one of the things that I learned early on is that the one thing that a low status person could do is actually connect to extremely high status people.

That is a token that I used over and over to kind of build my network.

And it's powerful.

And it's something that really compounds as long as you have, there's a lot of rules to it, you have to make sure that's double opt in, you have to make sure that both parties are benefiting, it has to be something where you use the token, you get two tokens back versus use the token that's gone.