67: Investing in Emerging Fund managers is a GREAT bet with Boris Wertz of Version One | 1947 VC

<p>Boris is the founding partner of Version One and one of the top tech early-stage investors in North America. He is a former board partner with Andreessen Horowitz. Version one has backed iconic companies like Coinbase, AngelList, Dapper Labs and Shippo to name a few. Before becoming an investor, Boris built an online marketplace for used and out-of-print books in 1999 called AbeBooks, selling the business Amazon Timestamps : 00:00 Top Moments 00:36 Intro to pod with Boris Wertz 01:56 Reason for angel investing &amp; Founding story of VersionOne&#39;s 03:06 LP fundraising approach evolution &amp; past mistakes. 06:06 Reinventing for long-term compounding effects. 08:28 Importance of portfolio construction 11:32 Evolution of VC with solo capitalists &amp; industry changes. 14:10 Similarities between Indian &amp; North American VC ecosystems. 15:08 India&#39;s growth &amp; tech&#39;s role in the coming decades. 18:59 Reasons for investing in other funds &amp; considerations. 20:38 Investing in emerging fund managers &amp; key factors. 23:10 VersionOne&#39;s criteria for determining investment fit. 26:22 What&#39;s his typical day? 28:17 Potential edge in a smaller ecosystem. 30:30 Obsession outside of work. 31:17 Interest in running and fitness 32:07 Memorable non-work experience in India. 34:20 Three dinner guests (dead/alive) he would like to invite and why.</p>