Xan Wood (Canvas Prime)

Xan Wood - Canvas PrimeRead his VC Uncovered profile here: https://www.vcuncovered.com/p/xan-wood-canvas-primeSummary:Drew Glover talks to Xan Wood from Canvas Prime on the art of being "long-term greedy." Xan breaks down his core investment philosophy, which treats providing value as a compounding function. He explains how consistently helping people and sharing deal flow without expecting an immediate return builds invaluable goodwill and opportunity over a decade-long fund cycle. He also shares how he finds diamonds in the rough by avoiding the hyper-competitive "power law" deals and instead focusing on businesses at their go-to-market inflection point.The conversation takes a fascinating turn when Xan recounts one of his first entrepreneurial ventures: launching a wildly successful boxing gig as a student. This story offers a raw look at his early hustle and his knack for finding unlikely partners in chaotic environments. He also explains his "Mosaic Theory" for due diligence, a framework for piecing together an investment thesis from incomplete, and sometimes conflicting, information to see the full picture of a company's potential.Sponsor:This season is supported by SVB. Silicon Valley Bank, a division of First Citizens Bank. Member FDIC.SVB is a trusted collaborator for the founders pushing boundaries and the investors who back them. We're proud to have them as our sponsor.Please note, this podcast is for informational purposes and is not investment, financial, or legal advice. The views expressed are those of the speakers and do not necessarily reflect the position of SVB.