Our founding partner Divesh Makan sat down with Bloomberg TV host and legendary investor David Rubenstein for a rare wide-ranging interview about ICONIQ Capital’s birth, our investment strategy, the picks and shovels of AI, collaborative philanthropy, and the remarkable community upon which we’re built. Learn about who we are, what we do, and, most importantly, why we do it. Watch it here: Wealth with David Rubenstein https://lnkd.in/g5sJCEqM
Most firms don’t capture the power of bringing their clients together to build long term relationships to drive their business forward. Love hearing your community centric approach is at the heart of your success.
Admirable journey for ICONIQ Capital - pleasure to have known you Divesh Makan and team Matthew Jacobson / Will Griffith for 8 yrs+ now!
Inspiring journey Divesh Makan
David is a legend! Thanks for sharing since I was going to reach out to Divesh about something completely different. So talk about timing!
Awesome to see this friends. Congrats fellow The Wharton School !
Incredible journey, thanks for sharing Jeff Felder
Allen Bryant Mike Roffler
Virtual CMO and Go-to-Market Builder for Tech Startups
3wThe most compelling takeaway from ICONIQ Capital's approach revealed in the interview is their focus on the "picks and shovels" of AI. This speaks to a crucial strategy for any startup: investing in the underlying tools and infrastructure that enable broader technological advancements, rather than chasing the hype of end-user applications. Understanding this approach can transform your business strategy. Rather than solely aiming to create the next AI-driven product, consider what foundational technologies your industry needs to thrive. By focusing on creating or investing in these essential tools, you help drive industry innovation and capture long-term value. This strategic insight is supported by Michael Porter’s concept of competitive advantage, emphasizing the importance of unique resources and capabilities.