As a guest host for the This Week in Startups podcast, Upfront Managing Partner Mark Suster welcomes Max Altman and Ben Braverman, two of the three co-founders of Saga Ventures to talk about their new $125 million fund.

During the episode, the trio also discuss:

• The fundraising challenges the co-founders faced as a first-time fund and the playbook of how referrals can be the best leads for increasing the chances of success
• The nuances of determining a fund size to maintain competitive advantages in deal strategies
• Ben’s learnings from working with Ryan Peterson at Flexport as well as Max’s experience and unique advantages working with his brothers Jack and Sam
• The attributes of successful founders that they look for, including those willing to take unconventional risks
• Why being an early-stage investor is like being an elementary school teacher - they can help shepherd founders to the best investors as they grow

You can watch the full episode below and here. You can also listen to the show on Spotify and Apple Podcast.