DrinksWithAVC (DWAVC)

DWAVC: Andrew Ackerman | Ep. 36

Bree Hanson & Vikram Lakhwara Season 1 Episode 36

What do tiddlywinks, a quarter trick, and a failed Palantir deal have in common? They all show up in Andrew Ackerman’s one-of-a-kind path from founder to family office director, accelerator operator, and venture capitalist to now SPV syndicate lead and author.  

Andrew pulls no punches on what most startups get wrong — from pitch decks that waste space to market slides that make investors roll their eyes. He shares lessons learned from backing 70+ startups on how to actually stand out in a noisy fundraising environment, why EdTech broke his heart, and how day drinking helped him write The Entrepreneur’s Odyssey — a startup guide founders might actually finish.

Also in this episode:

- His “accidental” real estate empire
- EdTech’s big COVID moment (and what came after)
- The one thing every founder should know about market sizing
- And yes, Andrew answers the Fidelity Five Questions.

If you’ve ever wondered what VCs really think when they see your deck — this one’s for you!

Episode links:
www.AndrewBAckerman.com
Entrepreneur's Odyssey

Episode timestamps:
00:00 DWAVC Episode: Andrew Ackerman
03:28 Guest Introduction and Background
05:25 March Madness Predictions
07:42 Andrew's Origin Story
16:18 Parenting in the Digital Age
30:27 Andrew's Unique Skills
31:01 Discussing the New Book
31:52 Inspiration Behind the Book
32:15 Writing Process and Challenges
37:23 Character Development
40:37 Market Sizing and Go-to-Market Strategies
44:14 Importance of Value Proposition
01:13:52 Fundraising Insights
01:15:27 Navigating VC Funding Strategies
01:17:19 Challenges for Non-Ivy League Founders
01:20:09 Importance of Warm Intros
01:22:33 Accessing Capital Outside Major Hubs
01:24:37 The Role of Location in Startup Success
01:27:09 Influence of Science Fiction on Entrepreneurship
01:29:56 The Rise of PropTech
01:41:28 Fidelity Five Questions