How I Invest · 6 Oct 2025 · 1h 9m
E222: Why 90% of Managers Fail Before Fund 3
MentionsBain CapitalBain Capital VenturesConrad Shang
About this episode
Why do ~90% of first-time managers fail before Fund II/III, and what separates durable fund builders from good investors?
In this episode, I unpack that question with Conrad Shang, Founder & Managing Partner at Ensemble VC. We examine why being a great investor is necessary but not sufficient to be… More on the show's page
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