The first season of "In Visible Capital" will focus on how private equity firms, venture capitalists and other industry leaders have responded to the COVID-19 pandemic and what to expect next. PitchBook private equity reporter Adam Lewis and editorial head Adley Bowden are co-hosts.
Listen to the first five episodes of "In Visible Capital" below. You can subscribe on Spotify, Google Podcasts, Apple Podcasts or Stitcher or visit this page to access new shows in the coming weeks.
Ep. 7: Technology and the COVID-19 ResponseEmerging tech analyst Ryan Vaswani breaks down his analyst note "Accelerating History: Pandemic-Driven Tech Opportunities." As part of our Emerging Tech Research this note is typically reserved for PitchBook clients but we are making available as part of this podcast episode - downlod here. Topics discussed include which industries have accelerated their tech capabilities in response to COVID-19 (2:46), how companies have focused resources to improve the accuracy of tests (8:46), where investors have directed their capital to help, (11:07) what’s next for edtech (16:15) and why we’ll all eventually be ruled by robots (19:46).
Ep. 6: Just a Tech Guy with a JumperPitchBook editor Kevin Dowd breaks down his story "NBA standout Spencer Dinwiddie has a VC-fueled vision for the future of stardom," which appears in PitchBook’s latest Private Market PlayBook. Topics discussed include Dinwiddie’s background with venture firm Eonxi (2:02), his bid to tokenize his $34 million NBA contract (9:13) and why Wall Street and Silicon Valley investors continue to pour billions of dollars into professional sports (14:45), even with leagues struggling with the financial fallout from COVID-19 (18:00).
Ep. 5: VCs are Finally Ready to Talk about MenopausePitchBook reporter Eliza Haverstock discusses her story "Narrative Change: VCs are finally ready to talk about menopause" (1:30) and why the femtech space has seen a lack of investments from VC investors (4:28). In addition, Haverstock looks at how female founders and female investors are handling the shaky economic climate brought on by the COVID-19 pandemic (7:22).
Ep. 4: The Great Unlocationing
PitchBook emerging tech analyst Paul Condra discusses his research note "The Great Unlocationing", a thorough explainer of how COVID-19 has forced companies to institute widespread work-from-home policies and how that could lead VCs to devote more capital to companies suited to that strategy (3:32). In addition, Condra explains how investors could soon have portfolios of exclusively work-from-home companies (9:30) and how the macro-trend could lead to huge savings for major businesses (13:40), not to mention a diaspora from major metropolitan centers across the US.
Ep. 3: ESG and Impact Investments in the Private Markets
In episode three, PitchBook analyst Hilary Wiek discusses her analyst note "Double Bottom Line: Private Market Impact Investment." Topics discussed include the differences between impact and ESG investing strategies being implemented at private equity and venture capital funds (1:45), how COVID-19 will impact the social investment world (11:45), and whether driving returns for LPs and making a tangible positive impact on the world are actually compatible strategies (15:07).
Ep. 2: Buyout Funds in Times of Crisis
PitchBook private equity analyst Dylan Cox breaks down his analyst note "Buyout Funds in Times of Crisis." Topics covered include how lessons from previous economic downturns inform modeling private equity fund returns (1:40), how COVID-19 has changed the dealmaking environment (4:05), what it will take to get deal flow going again (11:35) and what to expect in private equity fundraising (14:05).
Ep. 1: Venture Funds in Times of Crisis
PitchBook venture capital analyst James Gelfer discusses his analyst note "Venture Funds in Times of Crisis." Topics covered include how VCs have used lessons from the 2008 financial crisis to help mitigate the negative financial impact from COVID-19 (3:05), why investors are calling capital more quickly than ever (6:55), what the next couple of years could be like for the exit environment (8:15) and how private market valuations compare to the public side (15:51).