Loved having Brian Singerman @briansin on Uncapped. We talked about his time at Founders Fund, his strategies for identifying outlier people, what type of VCs he believes are best set up for success, what he's doing with GPx, and a bunch more. He's an extremely clear thinker and it's easy to see how he helped create some of the best performing funds in our industry. Was really fun to talk with him about he did the job and what he's looking for as he backs VCs now. (0:00) Intro (0:50) Why you can't have a checklist for founders (1:46) How Brian looks for spikes (3:55) How Founders Fund played to its strengths (6:54) The Anduril founding team (12:04) The foundation of company culture (14:12) How Brian spent time with founders (19:06) What Brian is genuinely best at (20:25) GPx: backing elite emerging managers (23:12) Why Brian knew he was done with traditional VC (25:30) "I'm looking for people who could have beaten me in my prime" (29:38) GPx's structure and the bet-your-career mechanism (30:40) The optimal LP allocation to venture (34:49) Why SPVs are dead (41:00) How Founders Fund made the second most money on Airbnb (43:51) The concentration strategy (49:10) How Founders Fund worked and Peter's role (52:16) What makes Peter Thiel the best venture capitalist in history (56:53) Solo GPs vs. teams (58:02) Brian's music studio