Ali Hamed - Novel Asset Investing (Capital Allocators, EP.40)

Published: Feb. 19, 2018, 10:30 a.m.

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Ali Hamed is the co-founder of CoVenture and Managing Partner of the CoVenture VC Fund.\\xa0 CoVenture is an innovative company that identifies and invests in novel assets formed by the intersection of technology and finance. The firm manages an early stage venture capital fund, direct lending fund, and crypto asset index fund, with each taking a creative twist on its market.

Our conversation starts with Ali\\u2019s entrepreneurial path to the creation of CoVenture, and covers examples of previously unpriced investment opportunities, including produce receivables, employee payroll loans, AirBnB accounts, and loans against employee stock options. We walk through the world of crypto assets and the state of the venture capital industry. Ali\\u2019s fresh lens on the world offers a fascinating perspective on every aspect of early stage investing.

If I didn\\u2019t say it in advance, you\\u2019ll be astounded to hear that Ali is only 26 years old.\\xa0 He\\u2019s one to watch for the long-term.

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Show Notes

2:22 \\u2013 Ali\\u2019s background

3:09 \\u2013 How Ali got the bug for startups

4:06 \\u2013 His time in NY without a home and where he gained the confidence to start in the entrepreneurial space

7:35 \\u2013 Why their venture business is different from so many others in the space

9:12 \\u2013 How Ali turned an idea into a business

11:33 \\u2013 How does Ali describe CoVenture

12:10 \\u2013 An example of an ideal CoVenture investment

14:53 \\u2013 The transition into a specialty lending business

19:25 \\u2013 How many niche opportunities has Ali identified as a place where he could create loans

22:04 \\u2013 Examples of unpriced assets

24:23 \\u2013 How does Ali find unique opportunities

27:40 \\u2013 What\\u2019s next on the horizon for Ali and CoVenture

28:28 \\u2013 Looking at cryptocurrency and the business that Ali has built for the space

29:33 \\u2013 Why did they create a cryptoasset index that was cap weighted

30:39 \\u2013 Why should someone have exposure to a cryptoasset

35:23 \\u2013 How does someone in the financial world get comfortable with the idea of cryptoassets

38:59 \\u2013 Why Ali doesn\\u2019t invest in ICO\\u2019s

40:42 \\u2013 What would an institutional cryptoasset fund look like

45:50 \\u2013 How should an allocator try to address the idea of first in money in the cryptospace

50:32 \\u2013 Where can someone play in the spectrum of venture investing

52:30 \\u2013 What is the time horizon for venture investments

56:24 \\u2013 Closing questions

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