Ravi Viswanathan – Venture Secondaries and Growth Capital at NewView (EP.327)

Today’s sponsored insight features Ravi Viswanathan, Founder and Managing Partner of NewView Capital (NVC), a venture firm that created a disruptive model for strategic secondary investing that blends portfolio acquisitions with direct investing. Our conversation covers Ravi’s path to the venture industry, lessons from fifteen years at NEA, catalyst for creating NVC, and the rationale and opportunity set for venture secondaries. We discuss NewView’s investment process across the sweet spot for portfolio acquisitions, fallacy of discounts, work with portfolio companies, and exit strategy. We close with new opportunities on the horizon and the future of NewView Capital. Show notes: 02:43 Background 05:00 Investing during tech bubble 06:25 Experience at NEA 09:05 Creating NewView Capital 14:50 Venture secondary ecosystem 23:22 Investing sweet spots 27:40 Fallacy of discounts 30:15 Improving operational performance 35:00 Investment examples 36:17 Exit strategy 40:45 Future aspirations 41:32 Closing questions Subscribe to the mailing list: https://capitalallocators.com/ Access Transcript with Premium Membership: https://capitalallocators.com/signup/ Subscribe on Apple Podcast: https://podcasts.apple.com/us/podcast... Follow Ted on Twitter:   / tseides   Follow Ted on LinkedIn:   / tedseides   Original Publish Date: 07/13/2023