Michael Downing is the Founding Partner at MDSV Capital. MDSV invests in emerging fund managers and in outlier companies. In this episode, we talk about - - Michael's story and why he started MDSV Capital? - What he looks for in emerging fund managers - Why he thinks it's a bad idea to have a reserve for emerging funds - How does he define an outlier company? - What is a good target size for fund 1? - How GPs don't really need LPs to start investing in startups? - Portfolio construction approach at MDSV Capital & lots more Links: ⭐ Sponsored by Podcast10x - Podcasting agency for VCs - https://podcast10x.com MDSV Capital - https://www.mdsv.vc/ Promontory - https://www.thepromontory.io/ Follow Michael on LinkedIn - https://www.linkedin.com/in/michaeldowning Follow Michael on X - https://x.com/michaeldowning 🎙️ Hosted by Prashant Choubey Follow Prashant on X - https://x.com/ChoubeySahab Follow Prashant on LinkedIn - https://www.linkedin.com/in/choubeysahab Email - [email protected] Subscribe to VC10X on Youtube - ⁠https://youtube.com/@vc10x VC10X is available on Spotify, Apple Podcasts & YouTube.