Dynamic Decisions Podcast
Why You Should Stop Paying Venture Capital Management Fees
Ryan Baird is third-generation Silicon Valley. His grandfather held patents with Lockheed. His parents retired from HP. And Ryan spent his career managing $50M+ clients at Morgan Stanley, running a hedge fund, raising $35M for his own startup in Southeast Asia, and eventually building Baird Augustine — an investment bank working with 38 family offices deploying over $20 billion annually.
In this episode of Dynamic Decisions, host Teasha Cable sits down with Ryan for a candid conversation about institutional finance, and why so much of what people assume about investing is flat-out wrong.
Here's what they dig into:
Venture capital is the hardest asset class
Velocity of capital beats yield
Recycling management fees is a philosophy, not a tactic
Curating for quality changes everything
Ryan's investor community Focus on Risk, and the annual Silicon Valley Economic Forum, exist because most startup events are built for founders, not investors. The solution wasn't better marketing. It was inverting the model entirely.
If you're in capital markets, economic development, or just trying to understand how serious institutional money actually moves, this conversation is essential listening.