Diligence Questions: As Simple As They Are Complex | Youngrok Kim | Superclusters | S2E2
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Youngrok Kim is a Partner at GREE LP Fund, a Fund of Funds operating in the US and Japan. Previously, he held the position of SVP at Recruit Strategic Partner, the strategic investment arm of Recruit Holdings, a major internet company in Japan. Youngrok began his career as an engineer at Goldman Sachs before transitioning to a VC career at ARCH Venture Partners in Chicago. He earned an MBA from the University of Chicago and received his degrees in Information Technology from Aoyama Gakuin University in Tokyo. You can find Youngrok on his socials here: Twitter: https://twitter.com/youngrock46 LinkedIn: https://www.linkedin.com/in/youngrok-kim/ And huge thanks to this episode's sponsor, Alchemist Accelerator: https://alchemistaccelerator.com/superclusters OUTLINE: [00:00] Intro [04:10] How did Youngrok find himself in Japan? [09:29] Picking up the Japanese language [20:29] How did Youngrok go from Japanese guitarist to being an LP? [26:50] From pitching LPs on a fund-of-funds to getting a job offer from a prospective LP [33:21] GREE LP Fund's hiring process [37:40] The three sources of data that helped Youngrok's fund-of-funds thesis come together [44:17] Superpowers and where to reference check them [48:57] Simple versus nuanced questions for fund managers or reference checks [56:12] One thing that many GPs think is special but actually isn't for an LP [58:52] What makes a good LPAC member? [1:00:26] What are typical questions GPs have for their LPACs? [1:05:28] Why GP friendships with other emerging managers might be becoming less important? [1:11:55] A fun fact about Youngrok's name [1:12:55] Playing a number game with Youngrok [1:16:05] Thank you to Alchemist Accelerator for sponsoring! [1:18:41] Like, comment, or subscribe if you enjoyed this episode! Follow David Zhou for more Superclusters content: For podcast show notes: https://cupofzhou.com/superclusters Follow David Zhou's blog: https://cupofzhou.com Follow Superclusters on Twitter: https://twitter.com/SuperclustersLP Follow Superclusters on TikTok: https://www.tiktok.com/@super.clusters Follow Superclusters on Instagram: https://instagram.com/super.clusters
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