Abe Finkelstein of Vintage Investment Partners on Israel, Tech Investing, and Living Through Multiple Market Cycles (EP.207)

Panic with Friends - Howard Lindzon - A podcast by Panic with Friends

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I’m excited for today’s guest, Abe Finkelstein. For over five years I’ve been picking his and his partners' brains, which is why I love this job – I love being able to tap into the wealth of knowledge from people like Abe. He’s a GP at Vintage Investment Partners based out of Israel – a $3 billion fund of funds with an interesting model. We talk Israel, we talk growth, we talk about tech and how all this stuff works – all the parts of the system and how you get capital. Prior to joining Vintage in 2003, Abe was an equity analyst with Goldman Sachs covering Israeli technology companies. Before Goldman, Abe was Vice President at US Bancorp Piper Jafray, where he helped start and then headed their Israel technology shares institutional sales effort. Abe has a BS in Economics from the Wharton School, where he graduated Magna Cum Laude.  Guest - Abe Finkelstein, General Partner at Vintage Investment Partners  howardlindzon.com, vintage-ip.com  Twitter: @howardlindzon, @PanicwFriends, @Vintage_Inv, @knutjensen  linkedin.com/in/abe-finkelstein #fintech #invest #investment #venturecapital #stockmarket #finance  Show Notes:  Introduction. (00:40) Welcome Abe. (04:09) Starting a career in finance. (06:17) Moving to Israel. (07:25) Getting Vintage off the ground. (10:25) Living through multiple market cycles. (10:57) Deploying funds across three geographies. (11:37) Making few direct investments recently. (12:47) The disconnect in public and private markets. (13:17) A world with 10 Softbanks. (15:11) Younger managers have never seen a downturn. (16:31) Start learning the underlying portfolios. (22:15) Living in Israel. (23:06) Panicked about traveling again. (29:31) Waiting for the next $10, or $100 billion Israeli company over the next 10 years. (30:16) Looking towards Europe. (31:33) Intrigued by web3 and the gaming ecosystem. (32:37) Favorite cities to visit. (34:07)  Wrapping it up. (38:48) Closing thoughts. (39:44)