How I Invest with David Weisburd
00:50:12 · Joseph Coyne
[00:50:12] S1: Two things coming from the culture of Bain Capital. One is, you know, some of the smartest 10 or 12 partners I've ever been around, so it was an amazing place to start. Be a fly on the wall, from and listen to. But there was also a lot of humility among those partners and as they interacted with founders. What I... I think the cultural fit for me... And just and just to go back before that, when I was leaving investment banking, I thought I was gonna go into private equity just like all my colleagues did. But I got a call from Bain Capital Ventures, took the meeting, and just fell in love immediately. It was the best interview I've ever had. I called my parents and said that was the best interview I've ever had. And the culture was such that, you know, they were extremely smart but humble. They wanted to drive value in the ecosystem, and they understood that this was a long game. And so that's how I've tried to operate in my career, which is like, even if you're not investing in a company, drive some value. Right? Like, what's the worst that could happen? Maybe they come back a few years later or they send a friend. But the second thing I learned from Bain Capital was I think that they did still have some consulting DNA in terms of how they looked at deals. Very complete analysis and diligence process at at Bain Capital Ventures, which I was which I was impressed with, I still keep in my back pocket to this day, which is, you know, it's a combination of technology, financing, market, strategy, and and reasons to win over time in a competitive market. So that's what fascinated me about working there. And, you know, as I've kinda progressed in my career, I've gone earlier and earlier towards seed stage because I think that's where the problem is most acute with founders. And I love getting in there and helping them... Or create... Creating the conditions that help them to solve those problems. And, you know, hopefully, I'm not the smartest guy in the room. Like, hopefully, they are. Right? And I can help create conditions and foundations and connections for them that help to make that happen in an asymmetric way compared to, you know, the average seed investor.
00:52:02 · David Weisburd, Joseph Coyne
[00:52:02] S0: Well, Joe, this one, absolute masterclass. Thanks so much for jumping on. [00:52:06] S1: My pleasure. Thank you so much, David.