Mark Shoberg

Helping families and institutions meet their financial objectives - formerly MD @ UTIMCO and Stanford. Father of two, husband to one:).

[Roger Ehrenberg @infoarbitrage]

The best founders I know have a clear vision, but they’re also willing to listen.

That doesn’t mean they take every piece of advice they receive. It means they’re open enough to consider different perspectives and use them to make better decisions.

I think there’s a big difference between having strong convictions and believing you already have all the answers.

Founders need to be intentional about who they let into their inner circle. There are plenty of people willing to offer advice, but only a few who genuinely make you think better.

At the end of the day, the founder makes the final call. The right people around them should help sharpen their thinking, not replace it.

[Endowment Eddie @endowment_eddie]

I might throw in the towel on primary commits in VC/PE. If you just did LP secondaries (buying discounted fund interests), growing your commit pace or maybe even staying constant overtime, you could have a top quartile PI portfolio in 5-10 years.

Why? LP secondaries have a reverse J curve where you buy at a discount and mark to GAAP NAV upon close. Sprinkle a little leverage. Boom, you start with a mean IRR.

Of course, it’s a sugar high and fades to 12% over time. Sure, it’s also a levered bet on private equity.

But I’ll be gone by the time I’m figured out.

[Mark Shoberg @shoberg]

@chudson So true LE. The amount of cold inbound has become tough to keep up with and introductions and referrals have become more important than ever.

[Charles Hudson @chudson]

Three related trends I’ve noticed lately. The combo of AI-generated cold outreach tools and big lists of VC emails is pushing investors back toward human-driven warm intros and referrals. Partners leaving big firms to start new firms are creating new networks to invest with people they like but maybe couldn’t work with at their old firms based on fund size and strategy. And the density of AI is pulling talent back to SF and consumer startups are consolidating in NYC. In many ways, VC today feels like we are moving back to the way the industry worked prior to 2018.

[Nature is Amazing ☘️ @AMAZlNGNATURE]

The tantrum after she falls off is so real😂😭

[Mark Shoberg @shoberg]

Thanks for including me @DWeisburd . Really enjoyed it and honored to be included in the 10x Podcast Family!
https://t.co/zZjiDbqfa2

[David Weisburd 🚀 @DWeisburd]

🎙 My interview with @shoberg on lessons learned from University of Texas ($70B) and Stanford Endowment ($40B) and how Mark is applying those lessons at @CapitalCreekTX.

#VentureCapital #VC #Startups #OpenLP @Turpentine @10XCapitalVC

Link to Podcast in Comments Below 👇

[LD Eakman @LDEakman]

Hook’em. That is all.

[Mark Shoberg @shoberg]

https://t.co/5cpTskAm7C

[Mark Shoberg @shoberg]

anyone familiar with Bullx? Curious to hear thoughts as son has started using it. He is only doing a little trading but is generating some nice income from his referral trades. $BullX
…

[Mark Shoberg @shoberg]

https://t.co/5cpTskzOi4

[Mark Shoberg @shoberg]

@ChathamAnglers @PierceGeorge8 @whitesox @AlabamaBSB Congratulations Pierce. Amazing accomplishment!

[Chatham Anglers @ChathamAnglers]

The @whitesox select Pierce George (Chatham '24) with the 379th pick in the 2024 MLB Draft.

The @AlabamaBSB pitcher appeared in four games for the Anglers, throwing 7.1 innings while registering 11 strikeouts.

[Mark Shoberg @shoberg]

@elonmusk welcome and glad to have you Elon!

[Bill Ackman @BillAckman]

A friend who supports Biden and hates Trump complained to me this morning that I am being narcissistic by sharing my views publicly on the presidential election, and that I should keep my views to myself.

I explained to my friend that part of being a good citizen is participating in the political process. If one believes that one candidate is materially better for the country than another, one should advocate in any way that they can for that candidate. This is not narcissism. It is patriotism. All of us have an obligation to stand up and be counted.

[Steven Hamner @StevenHamner]

Great time at the MLB Combine with @PierceGeorge8

✅Top 5 in FB Velo
✅Tied for 4th best broad jump
✅2nd best broad jump out of all pitchers

Still waiting for vertical to come out

Some behind the scenes clips of prep work in the hotel & him competing at combine⬇️

[Beezer Clarkson @Beezer232]

wise words. applies to #LPs too

" It’s easy to get caught up in timing the market right, but it’s better to stay focused on playing your own game."

[Sapphire Partners @SapphirePrtnrs]

This Saturday, @SapphirePrtnrs’ @Beezer232 will join fellow LPs @shoberg of @CapitalCreekTX & @WildBasinInv's Rosa McCormick at #SXSW to discuss how they identify the #VC fund mngrs expected to outperform💥

This panel was specially created in collaboration w @SXSW Chief Programming Officer @Hugh_W_Forrest & @Monetaventures’ @aasimhasan (moderator) to bring LP insights for VCs/founders attending this year’s event. Don’t miss it!

March 9: 11:30am – 12:30pm ct
Hilton Austin Downtown, Salon G
https://t.co/NKpNqULgTg

[Kirsten Green @kirstenagreen]

The public narrative about consumer investing is detached from the potential. Last year, VC firms distanced themselves from the category and just 7% of seed capital went to consumer. But consumer company performance largely outpaces enterprise. My piece in @theinformation:

[Roger Ehrenberg @infoarbitrage]

How Roger Ehrenberg Nets 10x Fund Returns https://t.co/kcyxKjrbyf I just watched this. It's actually quite good and accurately reflects my views on venture investing strategy, the macroeconomic environment and firm culture. The only issue is DAMN, I'M GETTING OLD! 😂 #VC

[Nikki Haley @NikkiHaley]

The media is ready to coronate Donald Trump as the nominee when only 2 states have voted. We don’t do coronations in America, we do elections. We were stronger in NH than we were in IA, and we’ll be stronger in SC. The momentum keeps growing, and I’ll keep going! 🇺🇸💪