Meghan Reynolds
@MeghanKReynolds
Head Capital Formation & Talent @AltimeterCap. I talk about what I learn from LPs. Mom is what I do best. No Invest Advice Views My Own
Capital Formation is an art and I was so lucky to have built my career during what turned out to be the PE/VC Fundraising Renaissance. @tseides and I explore what I’ve learned along the way & how I practice. I hope you enjoy the conversation as much as I enjoyed having it 🙏
The art of capital formation. My conversation with @MeghanKReynolds. capitalallocators.com/podcast/art-of… With thanks to WCM and @iconnections_io.
Heard from VC LPs this week, musings on co-invest economics: Buyout co-invest = always free VC / Growth co-invest = wide dispersion, from free to 1% / 10% to 0% / 30% carry over a 3x (highest I've seen). This is leading to LPs shopping for the best deal in some cases, which…
Welcome @AltimeterCap to @X ! A strong start with some kick off content - a great way to get to know our VC founders and companies ! Give us a follow for more :) @apoorv03 @altcap @ekriessmann @jaminball @paulinebhyang @KimKBent
At Altimeter, we believe the best way to understand the future is by listening closely to the people building it. That’s why we’re thrilled to launch Altitude: The Founder Library—a new series where our investment partners sit down with the founders in our portfolio to talk…
We asked @jaminball (Partner at Altimeter Capital) about AI's impact on design software and @figma specifically: "When Figma was founded, the entire industry used Sketch. Sketch was the equivalent to Excel for an investment banker." "They can't afford to be 'Sketched.' They…
Question: Is software cheap? Answer: Depends on the growth cohort Overall Software appears "cheap" At a high level, software appears to be trading at 2-turn lower EV/Revenue multiple (on consensus) vs the pre-covid average. The 10yr/RFR is significantly higher so maybe this is…
Yale's private portfolio. My conversation with Tim Sullivan from @Yale. capitalallocators.com/podcast/yales-… With thanks to WCM Investment Management and @AlphaSenseInc.
Exciting new investment lead by @ekriessmann ! 🚀 🤖 🚢
We are excited to announce a $260m Series C lead by @foundersfund + @Lux_Capital + @MorganStanley for (Factory Expansion financing). We're also welcoming new investors @altcap (lead by the brilliant @ekriessmann) + investments from existing investors @a16z, @constructcap,…
Smiling :-) ChatGPT's moat in one word! ChatGPT’s retention curve exhibit a "smile", as they bend up after month 4. Lapsed users are returning to ChatGPT... a rarity in consumer apps. Probably a result of OpenAI's feature velocity!
“Just because you can raise capital doesn’t mean you should” — Love that Wax quotes Jamie Gates, who he calls the godfather of Sixth Street. Jamie is my mentor (taught me everything I know about fundraising) I love, admire and had the pleasure of working alongside Wax and the…
In it’s heyday, Goldman’s special situations group was the navy SEALs of money making. Today’s guest, Alan Waxman, used to run that group before leaving to build Sixth Street, now a $115b behemoth. SSG heads were sometimes of the more brainy, nerdy variety. Not Waxman. He is a…
Heard from LPs by the OG @tseides and some favorites! Really good Capital Allocators episode 👇🏻
Jon Harris, Meredith Jenkins, Casey Whalen & Brett Barth riff on investing.
Appropriate place to spend the 4th! 🇺🇸 The monument - like the country - a bold and ambitious undertaking, unfinished, imperfect yet beautiful and enduring
🇺🇸 Happy Birthday America! On this Fourth I am fired up about the INVEST AMERICA ACT, signed today, which maybe be the most important driver of INDEPENDENCE for our future generations. We have drifted into a society of dependence. In FY 2025 Washington will spend about $3.0…
The era of Quasi-public companies & private IPOs.
“OpenAI is the most important company of the era. It needs to be public. Trillion-dollar giants shouldn’t stay in the shadows just to enrich insiders. If you won’t face the public markets, you’ll face the regulators.” — Brad Gerstner (@altcap) on @bg2pod Ep. 33
Altimeter Capital’s Vivek Goyal and Blume Ventures' Sanjay Nath join Shereen Bhan to break down the M&A surge and how GenAI is pushing incumbents to buy, not build! From Meta’s $15 Bn Scale AI deal to India’s robust IPO pipeline, the duo decodes how private capital and public…
Heard from LPs this week: Had over 100 LP convos this week. Five takeaways in the form of "Every LP I know ______..." - uses AI at work, and most "wouldn't want to work without it." This was not the case a year ago -- they "get it now" which is driving a new level of velocity /…
We are thrilled to announce our $75M Series B, led by @apoorv03 of Altimeter Capital (@altcap). Bad actors are adopting AI to automate and accelerate attacks. @XBOW fights back: AI vs. AI to secure software. Let’s out-hack the hackers. xbow.com/blog/series-b/
Incredibly excited by the work of @apoorv03 and the partnership that he has built with @Xbow A great moment for team Altimeter!
Thrilled to announce our partnership with @Xbow @oegerikus @nicowaisman and team! Cyber threats are exploding as AI accelerates the pace of code and exploits at an exponential pace. Human experts can’t keep up. XBOW can help! Founded by Github Copilot creator @oegerikus, XBOW…
Let’s go! 🚀 @Xbow
Altimeter is all in on @Xbow. Oege & team are killers & now that their AI hacker agents outperform humans in offensive protection - every enterprise in the world should use @Xbow. Grt to partner up w @Konstantine & @natfriedman. Dream team w @apoorv03. 💥💥
Positive sum FTW! Altimeter is often head to head w/ @coatuemgmt as our two firms operating alongside each other in tech public/private. It’s the best that @altcap & @plaffont put friendship & insights > competition to share this killer episode of the @BG2Pod LB2 x BG2 = 🚀
Brad Gerstner & Bill Gurley just dropped the latest @BG2Pod w/ Coatue’s Thomas & Philippe Laffont at EMW 2025 They went deep in AI's dramatic impact, crazy growth stats from OpenAI, a breakdown of Scale AI deal, IPO market, & more. Top 20 of the 102 slides presented below…