You're Looking at Networks Wrong | Albert Azout | Superclusters | S5E5

“Networks are more persistent than performance.” – Albert AzoutAlbert Azout is the Co-Founder and Managing Partner of Level VC, a technology investment firm built on software and data science and invests in both entrepreneurs and venture capital managers, including the likes of Air Street Capital, Emergent Ventures and Work-Bench, just to name a few. Prior to Level, Albert has been a serial founder, starting analytics businesses and even a social media company before Facebook.You can find Albert on his socials here:LinkedIn: https://www.linkedin.com/in/albertazout/Substack: http://albertazout.substack.com/OUTLINE:[00:00] Intro[02:36] The origin of Albert's blog[04:45] How did Albert first start coding?[07:43] Albert's interest in networks[13:10] Entrepreneurship around Albert[16:27] What is collaborative filtering?[22:18] How complexity economics affect the networks of VCs?[27:14] Fear and greed regimes[28:51] Telltale signs that inform the kind of regime you're in[30:31] Why it's the wrong time to be investing in defense tech[34:53] What are most LPs missing about GP networks?[37:31] How is Level VC looking at networks differently?[44:42] Archetypes of GPs that Albert likes[46:43] The 3 advantages GPs need to have[55:02] How does Albert balance over- vs under-diligencing?[57:15] Albert's view on luck[57:47] Albert the "consciousness expert"Follow David Zhou for more Superclusters content:For podcast show notes: https://cupofzhou.com/superclustersFollow David Zhou's blog: https://cupofzhou.comFollow Superclusters on X: https://x.com/SuperclustersLP