Altimeter (with Brad Gerstner)

<p>We hear a lot these days about hedge funds becoming venture firms, and venture firms becoming hedge funds. But a decade before either of those approaches became mainstream, a tiny $3m fund in Boston named Altimeter Capital set out simply to invest in a concentrated portfolio of America’s very best technology companies, regardless if they were public or private. Today that tiny firm has grown to nearly $15B under management and become a premier “capital partner” to founders at all but the very earliest stages — companies like Snowflake, Facebook, Roblox, Plaid, Grab and Acquired fan-favorite Modern Treasury. We sit down with founder & CEO Brad Gerstner to dive into the story behind Altimeter’s meteoric rise.<br /> <br /></p> <p>This episode has video! You can watch it on Spotify (right in the main podcast interface) or <a href="https://www.youtube.com/c/AcquiredFM">on YouTube</a>.<br /> <br /></p> <p>PSA: if you want more Acquired, you can <a href= "http://pod.link/acquiredlp">follow our newly public LP Show feed here</a> in the podcast player of your choice (including Spotify!).<br /> <br /></p> <p><strong>Sponsors:</strong></p> <ul> <li>Thank you to our presenting sponsor for all of Season 10, Vanta! Vanta is the leader in automated security compliance – making SOC 2, HIPAA, GDPR, and more a breeze for startups and organizations of all sizes. You might say they’re like the “AWS of security and compliance”. Everyone in the Acquired community can get 10% off using this link: <a href= "https://bit.ly/acquiredvanta">https://bit.ly/acquiredvanta</a></li> <li>Thank you as well to Vouch and to SoftBank Latin America. You can learn more about them at: <ul> <li><a href= "https://bit.ly/acquired-vouch">https://bit.ly/acquired-vouch</a></li> <li><a href= "https://bit.ly/acquiredsoftbanklatam">https://bit.ly/acquiredsoftbanklatam</a><br /> <br /></li> </ul> </li> </ul> <p><strong>Carve Outs:</strong></p> <ul> <li>Brad’s Twitter thread on Invest America: <a href= "https://twitter.com/altcap/status/1347454947583950849?s=2