[Skip to main content](/content/podcasts/david-weisburd#main/index.html) Your web browser is out of date. Update your browser for more security, speed and the best experience on this site. [Update your browser](http://outdatedbrowser.com/) Click for sound Posted Jul 28, 2026 # Institutional and Private Wealth as Equals: Nearly $100 Billion Built From Day One [Contact us](/content/learn-more/index.html) - [Find us on LinkedIn](https://www.linkedin.com/company/juniper-square) - [Find us on Facebook](https://www.facebook.com/junipersquare/) - [Find us on Twitter](https://twitter.com/juniper_square) - [Find us on Youtube](https://www.youtube.com/@JuniperSquare) Brandon Sedloff and David Weisburd explore the hidden psychology behind venture capital fundraising and LP decision-making on The Distribution. Weisburd, co-founder of Weisburd Pierce and host of How I Invest, shares insights from hundreds of conversations with institutional allocators managing over 10 trillion dollars in assets. The discussion reveals why LP incentives often diverge from traditional performance metrics, how career risk shapes investment behavior, and why media has become a structural advantage in private markets. They discuss: - Why LPs use a "double gated" diligence process that most GPs misunderstand - How the average pension CIO tenure of 6.1 years creates rational but seemingly counterintuitive investment patterns - Why elite Ivy League endowments are shifting away from blind pool funds toward direct investments and SPVs - The mechanics of anchor investor psychology and momentum in fundraising - How media functions as a network effect business and relationship-building tool at scale This episode offers a practical framework for understanding how capital allocation decisions actually get made in venture and private markets. Megaphone Embeddable Player The Distribution by Juniper Square Institutional and Private Wealth as Equals: Nearly $100 Billion Built From Day One - David Weisburd - Co-Founder and Managing Partner - Weisburd Capital 00:00:00 Forward 15 seconds Back 15 seconds 00:00:00 [Save to Spotify](https://open.spotify.com/show/5ysEwoATUSEiol96NZgR8L?intent=1 "Save to Spotify") Subscribe Description ## Share The Distribution by Juniper Square Share this episode with your friends [Share via Facebook](http://www.facebook.com/sharer.php?quote=%27Institutional+and+Private+Wealth+as+Equals%3A+Nearly+%24100+Billion+Built+From+Day+One+-+David+Weisburd+-+Co-Founder+and+Managing+Partner+-+Weisburd+Capital%27+by+The+Distribution+by+Juniper+Square&u=https%3A%2F%2Fmegaphone.link%2FDTSOS1460954101 "Share via Facebook")[Share via Twitter](https://twitter.com/intent/tweet?text=%27Institutional+and+Private+Wealth+as+Equals%3A+Nearly+%24100+Billion+Built+From+Day+One+-+David+Weisburd+-+Co-Founder+and+Managing+Partner+-+Weisburd+Capital%27+by+The+Distribution+by+Juniper+Square&url=https%3A%2F%2Fmegaphone.link%2FDTSOS1460954101 "Share via Twitter") [Download episode](https://www.podtrac.com/pts/redirect.mp3/pdst.fm/e/traffic.megaphone.fm/DTSOS1460954101.mp3?source=player) ## Subscribe to The Distribution by Juniper Square Keep up to date by subscribing to this podcast [](https://feeds.megaphone.fm/the-distribution "Subscribe via RSS") [Subscribe via Apple Podcasts](https://itunes.apple.com/podcast/id1677652734 "Subscribe via Apple Podcasts") [Subscribe via Spotify](https://open.spotify.com/show/5ysEwoATUSEiol96NZgR8L "Subscribe via Spotify") [Subscribe via iHeart](https://www.iheart.com/podcast/268261652 "Subscribe via iHeart") ## Description They discuss: \- Why LPs use a "double gated" diligence process that most GPs misunderstand \- How the average pension CIO tenure of 6.1 years creates rational but seemingly counterintuitive investment patterns \- Why elite Ivy League endowments are shifting away from blind pool funds toward direct investments and SPVs \- The mechanics of anchor investor psychology and momentum in fundraising \- How media functions as a network effect business and relationship-building tool at scale This episode offers a practical framework for understanding how capital allocation decisions actually get made in venture and private markets. Topics: (00:00:00) - Intro (00:02:32) - David's immigrant journey and first ventures (00:04:16) - Starting the How I Invest podcast (00:05:29) - Growing up poor and the mindset it created (00:08:06) - The stamp of approval from elite institutions (00:11:32) - From Tuck to 10x Capital (00:14:08) - What is a media-driven venture firm (00:17:00) - Why media is a moat in venture capital (00:20:28) - Advice for GPs on podcast guesting (00:23:03) - The psychology of elite listening (00:27:25) - Theory of mind and the LP LLM (00:29:09) - The rational irrationality of LP behavior (00:43:00) - Themes guiding capital allocation (00:49:05) - Advice for GPs and LPs (00:51:41) - Outro Speaker Profiles: Brandon Sedloff LinkedIn — [https://www.linkedin.com/in/bsedloff/](https://www.linkedin.com/in/bsedloff/) Website — [https://brandonsedloff.substack.com/](https://brandonsedloff.substack.com/) Juniper Square - [https://www.junipersquare.com/](/content/site-root.html) David Weisburd LinkedIn — [https://www.linkedin.com/in/dweisburd/](https://www.linkedin.com/in/dweisburd/) Twitter / X — [https://x.com/DWeisburd](https://x.com/DWeisburd) Weisburd Capital — [https://www.weisburdpierce.com/](https://www.weisburdpierce.com/) Podcasts: How I Invest — [https://howiinvestpodcast.com/episodes](https://howiinvestpodcast.com/episodes) Posted Jul 28, 2026 # Institutional and Private Wealth as Equals: Nearly $100 Billion Built From Day One [Contact us](/content/learn-more/index.html) They discuss: This episode offers a practical framework for understanding how capital allocation decisions actually get made in venture and private markets. Megaphone Embeddable Player The Distribution by Juniper Square Institutional and Private Wealth as Equals: Nearly $100 Billion Built From Day One - David Weisburd - Co-Founder and Managing Partner - Weisburd Capital 00:00:00 Forward 15 seconds Back 15 seconds 00:00:00 [Save to Spotify](https://open.spotify.com/show/5ysEwoATUSEiol96NZgR8L?intent=1 "Save to Spotify") Subscribe Description ## Share The Distribution by Juniper Square Share this episode with your friends [Download episode](https://www.podtrac.com/pts/redirect.mp3/pdst.fm/e/traffic.megaphone.fm/DTSOS1460954101.mp3?source=player) ## Subscribe to The Distribution by Juniper Square Keep up to date by subscribing to this podcast ## Description They discuss: \- Why LPs use a "double gated" diligence process that most GPs misunderstand \- How the average pension CIO tenure of 6.1 years creates rational but seemingly counterintuitive investment patterns \- Why elite Ivy League endowments are shifting away from blind pool funds toward direct investments and SPVs \- The mechanics of anchor investor psychology and momentum in fundraising \- How media functions as a network effect business and relationship-building tool at scale This episode offers a practical framework for understanding how capital allocation decisions actually get made in venture and private markets. Topics: (00:00:00) - Intro (00:02:32) - David's immigrant journey and first ventures (00:04:16) - Starting the How I Invest podcast (00:05:29) - Growing up poor and the mindset it created (00:08:06) - The stamp of approval from elite institutions (00:11:32) - From Tuck to 10x Capital (00:14:08) - What is a media-driven venture firm (00:17:00) - Why media is a moat in venture capital (00:20:28) - Advice for GPs on podcast guesting (00:23:03) - The psychology of elite listening (00:27:25) - Theory of mind and the LP LLM (00:29:09) - The rational irrationality of LP behavior (00:43:00) - Themes guiding capital allocation (00:49:05) - Advice for GPs and LPs (00:51:41) - Outro Speaker Profiles: Brandon Sedloff LinkedIn — [https://www.linkedin.com/in/bsedloff/](https://www.linkedin.com/in/bsedloff/) Website — [https://brandonsedloff.substack.com/](https://brandonsedloff.substack.com/) Juniper Square - [https://www.junipersquare.com/](/content/site-root.html) David Weisburd LinkedIn — [https://www.linkedin.com/in/dweisburd/](https://www.linkedin.com/in/dweisburd/) Twitter / X — [https://x.com/DWeisburd](https://x.com/DWeisburd) Weisburd Capital — [https://www.weisburdpierce.com/](https://www.weisburdpierce.com/) Podcasts: How I Invest — [https://howiinvestpodcast.com/episodes](https://howiinvestpodcast.com/episodes)