Todd Ruppert in conversation with serial entrepreneur and technology investor, Joe Lonsdale.[vc_quotes layout=”accordion” quotes=”%5B%7B%22name%22%3A%22Joe%20Lonsdale%22%2C%22job_role%22%3A%22Founder%20and%20general%20partner%2C%208VC%20(United%20States)%22%2C%22content%22%3A%22Joe%20is%20a%20serial%20entrepreneur%20and%20technology%20investor.%20While%20a%20computer%20science%20student%20at%20Stanford%20University%20he%20interned%20at%20PayPal.%20Upon%20graduation%20he%20left%20PayPal%20to%20work%20in%20a%20variety%20of%20roles%20with%20PayPal%20co-founder%2C%20Peter%20Thiel.%20In%202004%20he%20co-founded%20Palantir%20Technologies%2C%20a%20data%20analytics%20software%20firm%2C%20%20with%20Peter%20Thiel%20and%20others.%20Palantir%20went%20public%20in%20September%202020%3B%20it%20was%20valued%20at%20over%20%2440%20billion%20on%20April%2030%2C%202021.%20Joe%20left%20Palantir%20in%202009%20to%20co-found%20Addepar%2C%20a%20wealth%20management%20and%20data%20analytics%20firm%2C%20which%20today%20administers%20over%20%242%20trillion%20in%20assets.%20Other%20companies%20Joe%20founded%20include%20OpenGov%2C%20Esper%2C%20Anduin%20Transactions%2C%20Affinity%2C%20Epirus%20Systems%2C%20and%20Zanbato.%5Cn%5CnJoe%20has%20invested%20in%20numerous%20technology%2C%20biotechnology%2C%20healthcare%2C%20logistics%2C%20and%20other%20companies%20since%20leaving%20Palantir%2C%20most%20recently%20through%20his%20venture%20capital%20firm%2C%208VC%2C%20which%20he%20founded%20in%202015.%20All%20of%20his%20funds%20were%20oversubscribed.%20Notable%20portfolio%20companies%20include%20Elon%20Musk%E2%80%99s%20The%20Boring%20Company%20(where%20Joe%20is%20a%20member%20of%20the%20board)%2C%20%20Joby%20Aviation%2C%20Wish%2C%20Flexport%2C%20Anduril%2C%20and%20Asana%2C%20among%20others.%20%20Joe%20debuted%20on%20the%20Forbes%20%E2%80%9CMidas%20List%E2%80%9D%20in%202016%20(as%20the%20youngest%20member).%20In%202020%20he%20was%20ranked%2036th%20in%20Forbes%E2%80%99s%20list%20of%20%E2%80%9CTop%20Tech%20Investors%E2%80%9D%20and%20in%202021%20was%20ranked%2018th%20on%20Forbes%E2%80%99s%20list%20of%20%E2%80%9CThe%20World%E2%80%99s%20Top%20100%20Venture%20Capitalists.%E2%80%9D%5Cn%5CnIn%202018%20Joe%20founded%20the%20Cicero%20Institute%2C%20a%20policy%20group%20that%20delivers%20entrepreneurial%20solutions%20to%20public%20problems.%20He%20and%20his%20wife%20are%20also%20active%20philanthropists.%20In%202020%20Joe%20moved%20from%20California%20(where%20he%20was%20a%20two%20time%20scholastic%20state%20chess%20champion)%20to%20Austin%2C%20Texas.%20He%20is%20working%20on%20an%20experimental%20Beta%20City%20on%20the%20outskirts%20of%20Austin%2C%20which%20would%20rival%20Neom%2C%20the%20%24500%20billion%20new%20city%20that%20Saudi%20Arabia%20Crown%20Prince%20is%20building.%22%2C%22image%22%3A%2244387%22%2C%22linkedin%22%3A%22https%3A%2F%2Fwww.linkedin.com%2Fin%2Fjtlonsdale%2F%22%7D%5D” title=”Speakers” el_class=””][vc_quotes layout=”accordion” quotes=”%5B%7B%22name%22%3A%22Todd%20Ruppert%22%2C%22job_role%22%3A%22Chair%2C%20INSEAD%20endowment%20(United%20States)%22%2C%22content%22%3A%22R.%20Todd%20Ruppert%20is%20founder%20of%20Ruppert%20International%2C%20a%20firm%20with%20diversified%20interests%20in%20various%20fields%20globally.%20He%20is%20a%20board%20member%20of%20INSEAD%20Business%20School%2C%20Wilshire%20Associates%2C%20Shetland%20Space%20Centre%2C%20The%20Fine%20Art%20Group%2C%20and%20the%20Rock%20%26%20Roll%20Hall%20of%20Fame%2C%20among%20others.%20He%20is%20a%20venture%20partner%20at%20Greenspring%20Associates%2C%20a%20%2412%20billion%20venture%20capital%20firm.%20He%20is%20also%20an%20advisor%20to%20venture%20capital%20firms%20Antler%2C%20Fin%20VC%2C%20Sure%20Ventures%2C%20and%20Global%20Ventures.%20He%20is%20an%20advisor%20to%20private%20equity%20firms%20Access%20Holdings%2C%20Motive%20Partners%20and%20BroadLight%20Capital.%20He%20is%20also%20a%20serial%20early%20stage%20investor%20and%20advisor%20to%20numerous%20companies%20globally.%20Ruppert%20has%20over%2040%20years%20in%20the%20financial%20services%20industry.%20He%20retired%20from%20T.%20Rowe%20Price%2C%20the%20global%20asset%20management%20firm%20with%20over%20%241.5%20trillion%20under%20management%2C%20where%20he%20was%20CEO%20and%20president%20of%20T.%20Rowe%20Price%20Global%20Investment%20Services%2C%20co-president%2C%20T.%20Rowe%20Price%20International%2C%20and%20a%20member%20of%20the%20operating%20steering%20committee%20of%20the%20T.%20Rowe%20Price%20Group.%22%2C%22image%22%3A%2244384%22%2C%22linkedin%22%3A%22%22%7D%5D” title=”Moderator” el_class=””][vc_empty_space height=”10px”]
Key takeaways
VC investment involves working with the most talented individuals to build companies, which in turn hold the seeds of future companies.
It involves being across key trends and their wider ripple impact – like, for example, how smart phones triggered ride sharing.
Successful investment involves finding out what is newly possible that wasn’t five years ago.
At 8VC recent investment in the biotech sector includes establishing a first-of-its-kind manufacturing and technology company dedicated to broadening access to medicines and protecting the supply chain against disruption.
Lonsdale is also at the forefront of investing in financial services, increasingly transformed by data, the cloud and APIs.
Addepar is a leading private wealth management technology company.
Institutional investors should come together to create a prize to help finance and develop cutting edge carbon capture technology.
The big difference between the vaccine rollouts and the scale of the stimulus measures across the world could result in a K-shaped global economic recovery, with much of the developed world booming but poorer countries continuing to struggle. However the
Over the past year, the COVID-19 pandemic has accelerated the shift to a new paradigm for economies and markets, characterized by near-zero interest rates, coordinated monetary and fiscal policy (Monetary Policy 3/MP3), and heightened internal and external conflict.
Head of Global Infrastructure, Ben Morton shares why we see the proposed spending package and tax changes as a clear positive for listed infrastructure.
In 2020, there are 4 very powerful and visible phenomena, the convergence of which is likely to bring tremendous change and disruption, much of which will be at the expense of incumbent business models and with significant investment implications.
The rapidly increasing administration of COVID-19 vaccines, coupled with the imminent flood of fiscal stimulus from the American Rescue Plan Act, has generated widespread expectations that the US economy will boom in the second half of 2021.
Climate change is one of the defining issues of our age. Its physical manifestations are negatively affecting ecosystems, human health and economic infrastructure. The transition to a zero-carbon economy presents significant challenges, but also opportunities for investors.
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