E286: How LPs Can Actually Find Alpha in Venture
E286: How LPs Can Actually Find Alpha in Venture  
Podcast: How I Invest with David Weisburd
Published On: Tue Jan 20 2026
Description: How well do venture capital returns really reflect skill versus structure? In this episode, David Weisburd speaks with Abe about what large-scale AngelList data reveals about seed investing, power-law returns, and why traditional assumptions around expected value, conviction, and diversification often break down. Abe explains how adverse selection shapes outcomes, why access matters more than insight, and where data-driven strategies may — and may not — apply in venture capital.