I am thrilled to have Dario De Wet, a VC investor and founder of LTV Capital, and managing director at Monza Group International. He has previously led investments at Anthemis Group.

In this conversation, Dario De Wet shares his entrepreneurial journey from selling Game Boy emulators in South Africa to becoming a venture capital investor and founder of LTV Capital. He discusses the unique entrepreneurial spirit in South Africa, the balance between his passion for motorsport and his VC career, and the evolution of his investment strategies. Dario emphasises the importance of understanding the venture capital landscape, the impact of AI on startups, and the challenges of navigating high valuations and IPOs. He also reflects on the metrics that matter in VC and the future of billion-dollar funds.

Timestamps

00:00 Dario's Entrepreneurial Journey

04:46 The South African Entrepreneurial Spirit

07:17 Balancing Motorsports and Venture Capital

10:53 Transitioning to Jumo and Anthemis Group

17:14 Founding LTV Capital and Investment Thesis

21:51 Distinguishing True Investors from Asset Gatherers

23:59 The Impact of AI on SaaS and Venture Capital

26:09 Sustainability of Billion Dollar VC Funds

27:34 Emerging Managers vs. Billion Dollar Funds

28:34 Factors Influencing IPOs

30:09 Market Liquidity and Investor Sentiment

32:09 US vs. UK IPO Landscape

33:57 Understanding VC Metrics: TVPI and DPI

36:02 Navigating High Valuations in AI Funding

38:37 Investment Strategies in Today's Market

41:09 The Reality of Unicorn Valuations

42:25 Challenges for B2B Startups

43:47 Lessons from 50 Cent's Hustle

45:44 Building Confidence in VC Careers

Dario’s Links 

LDN– https://www.linkedin.com/in/dariodewet/

LTV Capital - https://www.ltvcapital.co/

Course - How to become a successful emerging manager

My Links 

Podcast: https://lifeselfmastery.com/itunes

Newsletter: https://partner-grow.beehiiv.com/subscribe

YouTube:  youtube.com/lifeselfmastery

Twitter: https://twitter.com/rohitmal

LinkedIn: https://www.linkedin.com/in/rohit857/