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Are Business Plans Still Necessary?

Both Sides of the Table

Many of these businesses were what First Round Capital called FNACs (features, not companies – this acronym has always stuck with me). I’m not even talking about your 12-page Powerpoint presentation that you need to raise venture capital or to talk with potential biz dev partners. portfolios.

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Why Was Winter in Venture Capital Funding so Short?

Both Sides of the Table

billion in venture capital funds with one A-round fund and one late-stage fund. In case you’re keeping score at home — that’s approximately the size of 65 US seed-stage funds managed by one company. Baidu alone raised $3.2 Those two investments represent the equivalent of another 32 US seed-stage funds just in two deals.

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11 Things I've learned from running a micro VC in the last year

Hippoland

It’s been about a year since I started working on Hustle Fund with my business partner Eric Bahn. 3c) You also will make General Partner contributions to your fund. In many cases, fund managers invest 1-5% of the fund size. And then later, when the fund needs money, the fund does a capital call.

Salary 48
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11 Things I've learned from running a micro VC in the last year

Hippoland

It’s been about a year since I started working on Hustle Fund with my business partner Eric Bahn. 3c) You also will make General Partner contributions to your fund. In many cases, fund managers invest 1-5% of the fund size. And then later, when the fund needs money, the fund does a capital call.

Salary 48
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The Loneliness of Success that Nobody Talks About

Both Sides of the Table

I managed the pressure but it lead me to gain weight, drink too much, work all the time and internalize the pressure that if I failed it would be very public and would affect the lives of everybody who joined my startup in the belief we would do something big together.

Houston 150
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What Makes a Great Independent Board Member?

Both Sides of the Table

While it’s true that they are investing LP money from a fund, it’s also true that the VCs are required to write large checks into their funds so every time they do a “capital call” (request money from an LP to fund you) they are also having to wire their own money into the deal. VCs most certainly do have skin in the game.

Warrant 187
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How VCs Make Money….Hopefully

ithacaVC

First, VCs get capital commitments from limited partners (i.e., That means that it has capital commitments from investors of $100mm. Capital is called when needed for investment, fund expenses or management fee. All capital returned from investment gets paid out. salary paid from management fees.