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Narayan Chowdhury

๐Ÿ‘ค Speaker
277 total appearances

Appearances Over Time

Podcast Appearances

How I Invest with David Weisburd
E290: How LPs Underwrite Venture in 2026

It's just, if, if I can, if I can early in my career, make 50 bets and they viewed them as, as best, you know, if one of them hit, now I have a halo deal.

How I Invest with David Weisburd
E290: How LPs Underwrite Venture in 2026

Now I have some credibility and now I have something I can take to my, to my next position or that's my track record.

How I Invest with David Weisburd
E290: How LPs Underwrite Venture in 2026

So again, beauty of power law is that you, you,

How I Invest with David Weisburd
E290: How LPs Underwrite Venture in 2026

Some subset is going to have something interesting that's going to come out of a not great process.

How I Invest with David Weisburd
E290: How LPs Underwrite Venture in 2026

Is that talent?

How I Invest with David Weisburd
E290: How LPs Underwrite Venture in 2026

Is that great process?

How I Invest with David Weisburd
E290: How LPs Underwrite Venture in 2026

Like going back to the thinking about the process rather than the outcome, that person, that strategy feels really hard to underwrite for future ventures.

How I Invest with David Weisburd
E290: How LPs Underwrite Venture in 2026

Unless you believe entrepreneurs value that as well.

How I Invest with David Weisburd
E290: How LPs Underwrite Venture in 2026

It has to come back to that, right?

How I Invest with David Weisburd
E290: How LPs Underwrite Venture in 2026

If entrepreneurs are, we don't think they're that naive, ascribe a lot of value to that work.

How I Invest with David Weisburd
E290: How LPs Underwrite Venture in 2026

then yes, it'll pay off.

How I Invest with David Weisburd
E290: How LPs Underwrite Venture in 2026

But if they don't, it won't mean anything.

How I Invest with David Weisburd
E290: How LPs Underwrite Venture in 2026

I feel like there's a correlate of time and company progress.

How I Invest with David Weisburd
E290: How LPs Underwrite Venture in 2026

When it is, say, like you've heard stories of companies that start with one idea, completely pivot from a consumer app to an enterprise app.

How I Invest with David Weisburd
E290: How LPs Underwrite Venture in 2026

And so I don't know.

How I Invest with David Weisburd
E290: How LPs Underwrite Venture in 2026

It's kind of the question of what is knowable at the idea or pre-idea, even at the wireframe stage.

How I Invest with David Weisburd
E290: How LPs Underwrite Venture in 2026

And so I wonder about the VC founder, Mutual Opt-in.

How I Invest with David Weisburd
E290: How LPs Underwrite Venture in 2026

I'll mention another story, kind of, again, going to our ground truth exercises.