Everything Eliot Hodges said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Hodges: Private market assets will reach $25T in a couple of years
“It's a 15 trillion dollar asset industry today. It's going to be a 25 trillion dollar asset industry in the next couple of years.”
Hodges: 90% of private market LPAs are filled out incorrectly
“You have to fill out oftentimes it's called an LPA. It is a 50 to a hundred page static form that is very dense. And is filled out incorrectly, 90% of the time.”
Hodges: A private fund's LP onboarding process is its product
“But it turns out like in this new environment, like you're on your onboarding process is your product.”
Hodges: Law firms face an arms race to adopt onboarding technology
“There's very much a an arms race going on amongst the law firms. Everyone's trying to weaponize and get ready for this new world. So it's at a point now where they're, it's just about parity and a defensive measure to have technology.”
Hodges: Vietnam engineers rival the best talent at Palantir and Blend
“Oh, the talent is, I mean, that was sort of the, we've got, I mean, on par with, you know, the best engineers that I worked with at Palantir and at Blend, and what's cool about Anduin was they were a pioneer, like, Who would have thought that there would be th…”
Hodges: Palantir had a strong hiring bias against MBAs
“There's a strong anti MBA bias at that company. So which but there's only rare exceptions allowed.”
Hodges: Anduin has processed $40B across 22,000 investors
“Right now we've had 22,000 investors go through Anduin. We have about four percent of the global private market, so forty billion dollars processed through Anduin.”
Hodges: Early Palantir had to educate customers on their own pain points
“At Palantir early days, we really had to educate people on their pain before we could sell them technology.”
AMERICAN OPTIMISTLEDGER