the #1 podcast about all the #2 in VC
we host a very bad podcast about VC secondary, broken unicorns,
and busted carry. every episode dives into the practical truth about
fund metrics and widespread lies about company valuations.
buy or sell secondaries:
get info on the PVC-3 Halftime Fund.
learn about latest co-invest deal.
pitch us an asset you wish to sell.
current episode: david zhou, untapped capital, databricks, TVPI +DPI
![[Trading Places] Podcast — Episode 1: David Zhou, Investor and Podcaster at Superclusters](https://i0.wp.com/practicalvc.com/wp-content/uploads/2025/09/David-Zhou-Card.png?ssl=1 "David Zhou Card")
![[Trading Places] Podcast — Episode 1: Untapped Capital, AI-Builder VC and Open Source Innovation](https://i0.wp.com/practicalvc.com/wp-content/uploads/2025/09/12-Untapped-Capital.png?ssl=1 "12 – Untapped Capital")
![[Trading Places] Podcast — Episode 1: David Zhou, Investor and Podcaster at Superclusters](https://i0.wp.com/practicalvc.com/wp-content/uploads/2025/09/David-Zhou-Card.png?w=640)
![[Trading Places] Podcast — Episode 1: Untapped Capital, AI-Builder VC and Open Source Innovation](https://i0.wp.com/practicalvc.com/wp-content/uploads/2025/09/12-Untapped-Capital.png?w=640)
episode 2: how mark suster invests in secondaries, anthropic at $170b, canva vs. figma, humanrace capital
episode 3: state of secondary with sim desai (hive) + emily zheng (pitchbook), IPOs are back,
democratizing autonomous driving with Helm.ai
coming soon:
