Better for You, Better for the World – Venture Investing with Craig Shapiro [Invest Like the Best, EP.11]

This week Patrick takes a deep dive into the world of Venture Capital with Craig Shapiro, founder and CEO of the New York-based Collaborative Fund, which was an early investor in companies like Lyft, Kickstarter, and Reddit.  We cover Craig’s investing roots, his process for sourcing and evaluating investment opportunities, and the very useful “villain test.”

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Please enjoy!

Books Mentioned

Spent: Sex, Evolution, and Consumer Behavior

Links References

Celebrating our Strong Roots

Collaborative Fund

Show Notes

2:19 (First Question) – Start by looking into Craig’s personal roots and how they led him to start the Collaborative Fund.

Post – Celebrating our Strong Roots

 

5:03 – Why the Collaborate Fund of better for me, better for the world drives them and is effective

 

8:26 – Looking into how Craig identifies investment opportunities

14:08 – How do the relationships with their limited partners get cultivated

17:16 – Going back to Craig’s entrepreneurial roots

21:37 – How does Craig evaluate a company/management before making a decision to move forward

27:33 – Is there an example of a company now that is both doing good in the world and is appealing to the masses

32:18 Spent: Sex, Evolution, and Consumer Behavior

33:07 – Are there negative factors that would rule out an investment for Craig

36:15 – What advice does Craig have for entrepreneurs, and specifically for those exploring who are hoping to engage with the venture capital world

39:57 – A look at Craig’s biggest miss

41:16 – Patrick asks Craig to pick one of the categories of investments listed on their site (cities, money, consumer, kids, and health) and describe the importance of that category in their investments.

46:15 – Exploring Craig’s daily routines and systems that help him

48:13 – A Look at how Craig got into meditation

49:49 – Most memorable day as a venture capitalist for Craig

51:39 – The kindest thing anyone has ever done for Craig

Learn More

For more episodes go to InvestorFieldGuide.com/podcast.

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