Episode 7. Ho Nam : Managing Director of Altos Ventures
In this episode, host Soon Yu interviews Ho Nam, Managing Director of Altos Ventures. The conversation delves into Ho's upbringing in Korea, his family's immigration journey to the U.S., and the socio-economic challenges they faced. Ho shares insights into the founding and evolution of Altos Ventures over three decades, highlighting the shift from a feeder fund model to a value-focused investment strategy inspired by Warren Buffett. He opens up about personal struggles, particularly during the firm's challenging second decade, and emphasizes the importance of continuous learning, resilience, and individual relationships. The episode underscores the significance of personal growth, asking for outside assistance, mentorship, and the transformative power of community support.
02:09 A Journey from Korea to the U.S.
12:46 Rodney King Riots: A Test of Community Bonds
21:58 The Early Struggles of Altos Ventures
30:48 Facing Potential Pullout and Fundraising Struggles
37:53 The Hedgehog Strategy: Investing in Founders
46:20 Personal Struggles and Seeking Help
59:21 Looking Forward: The Next Generation of Investors