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How The Chainsmokers Built a $200M AUM Fund (Using 7 Proven Operating Principles)
Description
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Few realize Drew and Alex of The Chainsmokers are world-class operators and disciplined investors --- with over 220 portfolio companies through their investment firm, Mantis.
In this solo deep dive, I break down the real Chainsmokers story — from sleeping on floors and running fan CRMs to building a systemized investment engine backed by General Catalyst and Mark Cuban.
Timestamps:
00:00:00 - Why This Episode Exists
00:01:54 - What Drives the Great Ones
00:04:43 - Sponsor: Scalepath
00:05:14 - Be Bad First, Then Get Good
00:07:31 - Systems Before Scale
00:10:29 - Two Questions Every Buyer Should Ask
00:14:01 - Sponsor: Spacebar Studios
00:15:14 - The Chainsmokers' Investments and Product Portfolio Today
00:19:20 - If Your Revenue Doubled Overnight, Would Your Systems Survive?
00:25:33 - Build Something Only You Can Build and Acquire
00:32:25 - People Don’t Trust People They Don’t See
00:34:58 - What It Looks Like in Year 10
00:36:35 - What Makes Long-Term Investing So Powerful: Everyone Else Burns Out
00:41:16 - Build a World, Not Just a Stack of Companies
00:47:01 - Fix the “Plumbing” Before You Scale
00:52:05 - Are You Building an Investment Firm Worth Joining?
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Subscribe on Spotify:
https://open.spotify.com/show/6lr5bE3SNZF2uEE7Nb0DHh?si=cP_nAarhRmep1lvnR6uk5g
Subscribe on Apple Podcasts:
https://podcasts.apple.com/us/podcast/holdco-builders/id1695713724
Follow Mikk/PrivatEquityGuy on Twitter: https://x.com/PrivatEquityGuy
The Chainsmokers on Twitter: https://x.com/TheChainsmokers
This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.