News · Podcast
Origins podcast: Alec Litowitz on the adaptability quotient
In the latest episode of the Origins podcast, co-hosts Beezer Clarkson, Managing Director at LGT Capital Partners, and Nick Chirls, Partner at Asylum Ventures, talk to Alec Litowitz, founder of Qstar Capital and Magnetar Capital, about the adaptability quotient, shifts in the venture capital market, as well as a career spent at the frontier of finance and entrepreneurship. Alec argues that in a fast-changing world, the ability to adapt is what consistently sets successful investors and entrepreneurs apart.
Nick and Beezer explore the key difference between risk and uncertainty highlighted by Alec – an aspect that most investors disregard at their peril. They also discuss the adaptability quotient framework and how it influences the way founders build their companies, how VCs support them and how the venture ecosystem itself must adapt to a changing landscape.
The podcast also touches on what Alec calls the “second cognitive revolution” – explaining why AI is not just a new tool but rather a system-level regime change. They explore what this means for the capital stack and liquidity timelines in venture and why remapping, not resistance, is the best approach for smaller players.
Listen to the podcast here.
