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David Weisburd
David Weisburd, Co-Founder of 10X Capital
David Weisburd is the Co-Founder and Co-Head of Venture Capital at 10X Capital, an alternative asset management firm providing access to best-in-class strategies across venture capital, private credit, private equity/growth equity, and real estate.13
Prior to co-founding 10X Capital, Weisburd had an extensive background in entrepreneurship and investing:
- He founded venture capital firm GTP in 2012, whose portfolio companies include 23andMe, Circle, Palantir, Pipefy, Ripple, Tonal, Vicarious and Wish1
- He was a partner at Flight Ventures, which has invested in companies like Carta, Cruise, Discord, Dollar Shave Club, Fastly, LinkedIn, PayPal, Rent the Runway, and Wealthfront1
- He was on the founding teams of two venture-backed startups, isocket (acquired by Rubicon Project) and RoomHunt (acquired by RentLingo)1
Weisburd has led 10X Capital's investments in several high-profile companies, including Robinhood, Compass Therapeutics, Headspace and DraftKings.12 He holds a BS from Indiana University, an MBA from Dartmouth, and is pursuing a Master's degree in Psychology from Harvard University.14
In addition to his role at 10X Capital, Weisburd is the CEO of 10X Capital Venture Acquisition Corp III.5 He is also an investor in companies like Anthropic, Betr, Palantir, Robinhood, and SpaceX.6
Highlights
𝐁𝐑𝐄𝐀𝐊𝐈𝐍𝐆: 𝐈𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐚𝐥 𝐋𝐏𝐬 𝐚𝐫𝐞𝐧’𝐭 𝐦𝐨𝐯𝐢𝐧𝐠 𝐝𝐨𝐰𝐧 𝐦𝐚𝐫𝐤𝐞𝐭 𝐛𝐞𝐜𝐚𝐮𝐬𝐞 𝐢𝐭’𝐬 𝐭𝐫𝐞𝐧𝐝𝐲. 𝐓𝐡𝐞𝐲’𝐫𝐞 𝐝𝐨𝐢𝐧𝐠 𝐢𝐭 𝐛𝐞𝐜𝐚𝐮𝐬𝐞 𝐭𝐡𝐞𝐢𝐫 𝐨𝐥𝐝 𝐩𝐥𝐚𝐲𝐛𝐨𝐨𝐤𝐬 𝐚𝐫𝐞 𝐪𝐮𝐢𝐞𝐭𝐥𝐲 𝐛𝐫𝐞𝐚𝐤𝐢𝐧𝐠.
In my conversation with Peter Rothschild, one thing became clear:
For years, scale was the safety blanket. Bigger funds. Bigger checks. More process.
But here’s the tension most IC rooms won’t say out loud Scale solved governance and created a return problem.
Lower middle market PE looks messier on paper. Less data. Less standardization. More judgment calls.
That’s exactly the point.
The central insight from this conversation: Lower middle market investing rewards discretion, not automation.
Institutional capital is realizing something uncomfortable: The best opportunities don’t always fit neatly into LP buckets. And rigid mandates can quietly price you out of returns.
Here’s the paradox that matters: The strategies hardest to underwrite at scale are often the ones that scale returns.
In the lower middle market:
- Control matters less than alignment
- Trust replaces financial engineering
- Listening becomes a competitive edge
That’s not “soft.” That’s where outcomes are decided.
The practical takeaway for LPs: If your process only works when everything is clean, standardized, and familiar then you may be optimizing for comfort, not results.
Let that sink in.
Thank you David Demeter for the kind introduction!
We’d like to thank @AlphaSenseInc for sponsoring this episode!
#InstitutionalInvesting #PrivateEquity #CapitalAllocation #Leadership #DecisionMaking
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𝐁𝐑𝐄𝐀𝐊𝐈𝐍𝐆: 𝐖𝐡𝐚𝐭 𝐢𝐟 𝐭𝐡𝐞 𝐠𝐫𝐞𝐚𝐭𝐞𝐬𝐭 𝐞𝐝𝐠𝐞 𝐢𝐧 𝐩𝐫𝐢𝐯𝐚𝐭𝐞 𝐞𝐪𝐮𝐢𝐭𝐲 𝐢𝐬 𝐬𝐢𝐥𝐞𝐧𝐜𝐞?
Most investors chase noise — deal flow, headlines, valuation spikes.
But Sam Zell’s right-hand man, Mark Sotir, learned that the real returns come from what you don’t do.
In our latest episode, Mark shares what he learned from 18 years working beside Sam Zell, the legendary billionaire investor who built entire empires by thinking like an owner, not a trader.
Here are just a few gems from the conversation: “𝑊𝑒’𝑟𝑒 𝑜𝑤𝑛𝑒𝑟𝑠, 𝑛𝑜𝑡 𝑖𝑛𝑣𝑒𝑠𝑡𝑜𝑟𝑠.” “𝑊𝑒 𝑡ℎ𝑖𝑛𝑘 𝑎𝑏𝑜𝑢𝑡 𝑡ℎ𝑒 100-𝑦𝑒𝑎𝑟 𝑠𝑡𝑜𝑟𝑚 𝑒𝑣𝑒𝑟𝑦 10 𝑦𝑒𝑎𝑟𝑠.” “𝐷𝑜𝑛’𝑡 𝑝𝑟𝑒𝑑𝑖𝑐𝑡 — 𝑝𝑟𝑒𝑝𝑎𝑟𝑒.” “𝐼𝑓 𝑦𝑜𝑢 𝑠𝑡𝑎𝑦 𝑎𝑙𝑖𝑣𝑒 𝑙𝑜𝑛𝑔 𝑒𝑛𝑜𝑢𝑔ℎ, 𝑦𝑜𝑢’𝑙𝑙 𝑔𝑒𝑡 𝑦𝑜𝑢𝑟 𝑎𝑡-𝑏𝑎𝑡𝑠.”
It’s a masterclass in how to build resilient, compounding capital in an age obsessed with exits and IRRs.
Thank you @RonDiamond23 for the kind introduction!
#PrivateEquity #InvestingWisdom #EndowmentMindset #CapitalCompounding #HowIInvest
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