Nikhil Namburi

Notre Dame's endowment rarely hammered GPs on terms. ⁣
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Instead of a flat 30% carry, they'd tell managers: start at 20, go to 30, maybe higher if you clear 4-5x the fund.⁣
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Scott Malpass's logic: "I'm happy to pay up for excellence as long as the terms are balanced."

I’ve joined @Lux_Capital. I'll continue investing in the brightest and boldest founders across AI apps, infra, and the physical world. Lux is an amazing firm built by an incredible group of people, and I can’t wait to share that magic with more founders.

To the folks at CRV, who took a chance on me early, thank you. You taught me the craft and backed me every step of the way. I am deeply grateful to the founders who have let me be a small part of their stories to date.

If you're building something ambitious, I'd love to hear from you!

Breaking: Warren Buffett is stepping down as chairman of Berkshire Hathaway on.wsj.com/4iBwAaC

with AI the US and China are more intertwined today than ever been before. a few of us from @_DimensionCap recently spent a week on the ground in china. this past we shared the below with our LPs. information tends to want to be free. the letter was leaked. sharing here for all.

with AI the US and China are more intertwined today than ever been before. a few of us from @_DimensionCap recently spent a week on the ground in china. this past we shared the below with our LPs. information tends to want to be free. the letter was leaked. sharing here for all.

.@nikhilvnamburi went from tracking down the investment fund behind his college scholarship to a 5 person investment team that manages $1.65B @_DimensionCap

They just announced an $800M Fund III. They’ve backed @AnthropicAI, @modal, and @chaidiscovery

We sat down to talk about:
> Why only 1-2 investors matter at every fund (except Dimension)
> If the Coefficient Bio @AnthropicAI acquisition returned fund II
> Why hyper-concentration freaks out normal VCs but excites him

If you watch till the end he flips the interview on us (first time a guest has ever done that!)

00:00 Dimension raises $800M Fund III
06:29 The unexpected way Nikhil found venture as an engineer
08:48 Who are the LPs behind huge venture funds
11:04 Why Dimension only has 5 investors
13:14 Coefficient returned the fund?
14:49 They predicted bio would be big
16:34 Does Nikhil believe in AGI
17:20 Does Nikhil believe in looksmaxxing
20:10 Hot take on if SF VCs are smart
21:53 How to break into VC
22:52 Why only 1-2 investors matter at each fund
23:35 Churn and burn in the junior VC role
34:50 His viral quant thesis
42:11 Nikhil interviews us...
46:45 Biggest recession indicator
53:24 Nikhil is the podcast’s most eligible guy friend?!

Life hack: have friends with beautiful offices that also work on Saturdays

It feels like studying in college

You’re only productive half the time and the vibes are high

Also, easter egg on a new @Getthecheckpod episode 👀