Episode 204: Thinking big: starting a multi-million dollar investment fund from the ground up – with Allen Farrington of Axiom
Investing your own money can be scary enough but what about when you're investing millions of dollars of other people's money? How does someone gain that level of trust, and what's it like to be responsible for all that wealth? Allen Farrington is a writer, bitcoin investor and venture capitalist. He explains the ins and outs of venture capitalism, what it’s like starting a business with someone else’s money and a very small team, and the amount of wealth that’s in the venture capital industry. He also talks about how venture capital firms find investors, the pros and cons of sitting on a company's board, and how he started an investment fund with a team of two. (more…)