HOW TO CAPTURE ALPHA IN PRODUCT-CENTRIC PORTFOLIOS

The speaker discusses the shift in investment performance drivers from financial engineering to product innovation, highlighting the increasing influence of product organizations. COVID, the end of zero interest rates, and the rise of AI are key factors in this shift. The appointment of chief product officers in Fortune 1000 companies has significantly increased, correlating with higher company performance. Product investors generate more deal flow and outliers than traditional investors by focusing on product signals and building concentrated portfolios. The focus should be on baking technology into products to create business value, emphasizing product engagement as a leading indicator. Innovation cycles are compressing, with products shipping faster due to AI, changing the ratio of product managers to engineers. The speaker emphasizes the CPO alpha effect and invites panelists Fridtjof, Ben, and Mark to join the discussion on stage.