Avlok Kohli is the CEO of AngelList. Avlok is a serial entrepreneur who came on to lead AngelList in 2019. The platform has grown massively since then and now has $124 billion in assets. We explore AngelList's strategy, the state of play in venture, why GPs shouldn't get their hopes up for a liquid secondary market, and Avlok's approach to angel investing.
The episode is now available on Apple Podcasts, Spotify, Amazon, and YouTube Music.
Chapters
00:00 Introduction to Investing in Startups
00:49 The Evolution of AngelList
06:03 AngelList's Current Position and Strategy
11:51 Navigating the Private Equity Landscape
18:01 Challenges in Secondary Markets
24:03 Insights on Market Trends and Investment Strategies
Takeaways
AngelList started as a platform to connect startups with angel investors.
The platform has evolved to serve GPs, LPs, and founders.
AngelList has consistently grown despite market turmoil.
Incentives misalignment is a key challenge in secondary markets.
The private equity market is expanding with new strategies.
AI companies are currently experiencing a funding boom.
Investors should focus on unique technologies and large markets.
Startups should begin with a core product to gain momentum.
Risk management is crucial for financial platforms.
Diversification and redundancy are essential for scaling companies.
The content here is for informational purposes only and should not be construed as investment, legal or tax advice. The opinions expressed by guests are their own and do not reflect the views of Seaplane Ventures. Our host, guests and clients may hold investments discussed in this podcast. Please invest responsibly.