investment memo

also referred to as: investment memos

4 statements across 4 episodes · 0 bullish · 1 bearish · 4 people on the record · first statement Oct 28, 2019 by Ash Fontana · across every show →

Everything said about investment memo, oldest first

Oct 28, 2019 negative
Insight
Fontana: Why Investment Memos Should Avoid Templates
“I think the interesting thing, and this has been something that I'm a bit of a stickler for, is our memos start as a blank page, and we try not to use templates, because I think templates form your thinking, and so you start with a blank page, and you just sta…”
Ash Fontana Oct 28, 2019 ▶ 44:22 Ash Fontana – Investing in Artificial Intelligence at Zetta Ventures (First Meeting, EP.11)
Apr 11, 2022 neutral
Assertion Not checkable as stated
Sequoia investment memos require 'pre-parade' sections outlining maximum upside
“The way that Sequoia addresses this bias is that it says when you're going to write a memo to the partnership about a startup that you think we should back, the investment memo, it must include a pre-parade section, meaning the section where you dream about ho…”
Sebastian Mallaby Apr 11, 2022 ▶ 23:22 Sebastian Mallaby – The Making of the New Future in Venture, Venture is Eating the Investment World 14 (Capital Allocators, EP.245)
Mar 11, 2024 neutral
Insight
Leffell: Intelligent investment ideas must fit on a single page
“I think quite frankly, if somebody cannot communicate an intelligent investment idea in one page, they should go back and do it again. There's no reason certainly for an intelligent executive summary to be more than a page long, and I'm not talking about eight…”
Michael Leffell Mar 11, 2024 ▶ 33:29 Michael Leffell – Opening Doors to Niche Private Opportunities at 10 East (EP.373)
Apr 7, 2025
Disclosure
Marks: Oaktree memos require differentiated viewpoints rather than consensus commentary
“The basic Thing is, I have to think I have something to write, which not everybody else has been writing or talking about, or I have to see something differently from everybody else. The last thing I want to do is put out a memo that says, me too.”
Howard Marks Apr 7, 2025 ▶ 11:29 Howard Marks – Navigating Private Credit (EP.439)
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