▶ 78:07 · $SLIPSTREAM-INVESTORS · Slipstream GP reveals fund-of-funds discipline: sat out 5 quarters in 2021-22, focuses on emerging managers with unique portfolio construction

episode briefing

Half a Trilly, AI Text Watermarks, Paramount Threatens to Bounce, Leo Defends Chilean Frogs

2026-08-11 · 11 company · 11 thematic

sentiment

6 bull0 bear5 neu

speakers

jensen huang

Co-founder, president and CEO of Nvidia. He has led the company from graphics processors into accelerated computing and AI infrastructure.

alex edelson

Founder and General Partner of Slipstream Investors, a fund-of-funds investing in pre-seed/seed emerging managers (median $30M fund size); previously COO and GC at QED Investors (fintech VC); known for deployment discipline including 5-quarter pause during 2021-22 peak.

ernie garcia

Founder and CEO of Carvana (CVNA), built vertically integrated used car platform with proprietary reconditioning, logistics, and financing; took company public in 2017, navigated 2022 crash, and returned to profitability with 2-2.5x industry returns at 2% market share.

nico simko

Co-founder and CEO of Claire, an earned-wage access platform embedded in payroll systems (Gusto, QuickBooks, TriNet) serving 5% of US small businesses; reached $100M revenue run rate by connecting short-term credit to workplace data; former JP Morgan analyst who experienced credit invisibility as immigrant.

john coogan

Co-host of TBPN, a live technology and business show focused on startups, venture capital and Silicon Valley.

quote

“We're on our second fund. Uh we invest in about 10 to 15 funds in every fund of ours... median fund size is around 30, average fund size around 50, and most of these funds are on their first three vintages... there was a period of time whe…”

—alex edelson

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