E58: Roger Ehrenberg on Mastering Seed Investing

"Turpentine VC" | Venture Capital and Investing

In this episode of Turpentine VC, we’re releasing one of our most popular interviews with Roger Ehrenberg, owner of IA Capital Partners and the Managing Partner of Eberg Capital.

Roger discusses his contrarian strategy to seed investing that has allowed him to generate 10x fund returns, and emphasizes the importance of focusing on concentrated portfolios to achieve outsized success. They talk about the impact of interest rates, macroeconomic factors, and the potential of sports investments.

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LINKS:

Eberg Capital: https://www.ebergcapital.com/

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X / TWITTER:

@infoarbitrage (Roger)

@eriktorenberg (Erik)

@TurpentineVC

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TIMESTAMPS:

(00:00) Intro

(01:17) IA Ventures' firm strategy

(03:25) Roger's thoughts on the rise of seed

(07:12) Would Roger do anything differently if he started IA today?

(10:59) Is the future of venture going to be craftsman or platform?

(15:38) Sponsors: Rippling | Squad

(18:04) What players are going to be favored in today's venture ecosystem?

(21:08) Roger's macro lesson on higher interest rates

(25:58) Prediction on where interest rates will normalize

(27:54) On the future for YC and a16z

(33:07) Lessons from crypto, and why Roger's excited about sports for the future

(38:02) Why more people should look into the sports space

(42:18) Wrap