20VC: Why The Whole Industry Is Backward Looking, The Best Funds Are Entrepreneur Led and Venture Is All About Access with Alex Bangash, Founder @ Trusted Insight

Alex Bangash is a Managing Director @ Rumson Group where he helps his clients invest in some of the best performing funds around the world. Alex has done just that having made over 50 investments into funds across the globe. If that was not enough he is also the founder of Trusted Insight, the worlds largest platform for institutional investors and backing from the first investors or founder @ Facebook, LinkedIn, Mint and Match.com.

In Today’s Episode You Will Learn:

1.) How Alex made his way into the world of investing in VC funds?

2.) Why does Alex believe the whole finance industry is backward looking? Is this why he thinks there is so much VC churn?

3.) Why does Alex believe VC is always about access? Is this why Alex has such a strong preference for funds that are also platforms?

4.) Why does Alex believe true early stage is getting smaller and smaller? How does his return expectations differ according to the size of the fund?

5.) What happens when funds do not go to plan or do not have notable exits to raise fund II? What happens then?

Items Mentioned In Today’s Show:

Alex’s Fave Book: Ben Horowitz: Hard Thing About Hard Things, Peter Thiel: Zero To One

Alex’s Fave Blog or Newsletter: Paul Graham

As always you can follow The Twenty Minute VC, Harry and Alex on Twitter here! If you would like to see a more colourful side to Harry with many a mojito session, you can follow him on Snapchat here!   This episode was brought to you by DesignCrowd, the online marketplace for custom graphic, logo and web design that helps startups, entrepreneurs, web developers and agencies outsource design projects to designers from around the world.   How Does It Work? Once you have launched your brief, designers will begin submitting quality designs for you to review. With some constructive feedback, you can quickly generate a large gallery of designs that really do fit your needs. You can have exactly what you need within just three days. Once you have selected your favourite design, you will be sent all the files you require to update your branding. If you don’t like any of the submitted designs, then DesignCrowd offers a money back guarantee. So checkout designcrowd.com/VC and enter the promo code VC100 to get an astonishing $100 off your next project.