
Episode #145
Ep.149: Jesse Bendit, Apax Digital | Building an In-House Operating Team
On this episode, Jesse Bendit, Principal at Apax Digital, joins the show to unpack how a private equity firm builds and funds a 30-person internal operating team without letting it become bloated. Learn why a pull model beats a push model for utilization, how staying concentrated in 15 to 20 investments per fund lets a team build real sector depth, and how that depth shows up during diligence, not just after close. Hear why trust—rather than traditional SEO signals—is the new currency of visibility as search moves into LLMs. Plus, learn how to separate genuine AI risk from AI opportunity in a portfolio company, including why seat-based SaaS pricing is losing its power as a value proxy and how deep data and integration advantages can make AI a moat rather than a threat. The information contained in this podcast is not intended to constitute, and should not be construed as, investment advice.

