YoungUpstarts

OCTOBER 23, 2017

by Joe Duncan, founder of Duncan Capital LP. Blockchain is a distributed ledger technology (DLT) wherein all network participants can have separate copies of the entire record of transactions on the network. DLT removes the middlemen by enlisting the network of users to verify transactions. Transaction Processing.

Technical Review 154

Technical Review Artificial Inteligence Software Review IPO 154

Version One Ventures

JULY 24, 2019

The primary responsibility will be to help manage the day-to-day activities of the fund, including: Identifying new and interesting entrepreneurs and companies that align with our investment thesis on network effects. Reporting for our investors, including writing quarterly updates and preparing LP advisory board meetings.

Technical Review 124

Technical Review Advisory Board Due Diligence LP 124

David Teten

DECEMBER 3, 2019

But, most of use raise capital and source deals the same way people looked for dates 20 years ago: by networking at conferences (or bars). . Tim Friedman, Founder, PE Stack , said, “If I could offer one piece of advice to today’s managers, it would be to take the time to understand the demands of the modern institutional LP.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Both Sides of the Table

MAY 23, 2012

The movie, “The Social Network” might have had more of an impact on creating future entrepreneurs than any other event of the past 5 years. Thomson Reuters data shows that around $10 billion of LP money went into VCs per year pre bubble. By 2000 the total LP commitments had mushroomed to more than $100 billion.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

Hunter Walker

MAY 22, 2024

All three have significant experience backing venture firms from previous LP positions. Our strategy is to support the best new venture firms led by managing partners where their identity, their background, and their networks inform their strategies. We continue to invest in amazing people. Get out there and win.

LP 80

LP Venture Capital Hiring Partner 80

Hunter Walker

SEPTEMBER 9, 2024

And it’s often to the detriment of everyone involved, but especially to the detriment of founders and LPs. I’ve been a personal LP in every one of Ryan’s funds and part of what has always impressed me is his understanding of these tradeoffs in strategies and incentives.] Others won’t.

Venture Capital 91

Venture Capital LP Cofounder Early Stage 91

Version One Ventures

JANUARY 31, 2024

If you start a new fund, you need to be clearly differentiated: what’s your unique insight into a specific opportunity, your unique network that generates deal flow, your unique value proposition that gets you into deals? The first is the fund that you would ideally raise if LP capital was not a constraining factor.

LP 72

LP Differentiation Deal Flow India 72

David Teten

JANUARY 21, 2021

In addition to a fund, the overall Capacity organization provides direct mentorship, consulting and connects founders to a broad network of talent, diverse forms of capital, and existing resources focused on the post-startup stage of growth. I wanted [a term for] something similar (between debt and equity) but on an extremely small scale.”.

Equity 78

Equity Revenue Cofounder Colorado 78

Eric Friedman

DECEMBER 27, 2021

Operating as a sort of fund-of-funds model there is an economy of scale program for figuring out the GP/LP structure, working out the services providers like legal, audit, and tax handling. There is also a network effect of portfolio companies with early GPs. I think this was brought to life by teams like [link]. 9/ Hubs vs.

Balance Sheet 97

Balance Sheet Stock Private Equity Option Pool 97

This is going to be BIG.

OCTOBER 12, 2020

I took my last LP meeting the first week of March and clearly, I didn’t close anyone that I had met with at that time. If I hadn’t, I probably wouldn’t have been able to write about supporting the June protests , eliminating b t network barriers like warm intros , investing in diverse founders , and how fundraising favors white men.

LP 147

LP Technical Review Software Review Valuation 147

Both Sides of the Table

JULY 23, 2014

At the other end of the spectrum large funds have gotten even larger in the past few years which has massively increased the amount of consolidation in our industry as 66% of LP money into venture is now concentrated in late-stage or full-cycle VCs. Why is this? This is a structural shift in our industry few have talked about publicly.

Technical Review 398

Technical Review Venture Capital Valuation Pre-Money Valuation 398

This is going to be BIG.

JUNE 20, 2024

It could take a long time to convince people you can make that leap, but you want to stay in motion as much as possible during that time—remaining in market, keeping your network warm. Some investors do that through the use of syndicates—which is why I’m super psyched to be working with Sydecar on a VC coaching giveaway.

Deal Flow 147

Deal Flow Syndication Syndicate Cap Table 147

View from Seed

OCTOBER 29, 2014

The nature of LP investors can vary widely, but the bulk of the capital in the VC ecosystem comes from large institutions like pension funds, endowments of universities and hospitals, charitable foundations, insurance companies, very wealthy families (aka family offices), and corporations. Advisory Firms. Why Write About This Now?

LP 335

LP Private Equity Institutional Investors Venture Capital 335

Both Sides of the Table

JUNE 19, 2015

I’ve met many VCs who take fund raising meetings with lots of LPs but struggle to get traction and I believe often the problem is that first meetings are easy but the 28 steps to get each LP to closure take an insane amount of focus, effort, follow through and discipline. Opening is easier than closing.

LP 150

LP Warrant Portfolio Framework 150

thebarefootvc

FEBRUARY 19, 2014

”, almost exactly 2 years ago to this day at Bloomberg LP’s headquarters in NYC as part of Social Media Week. At the time I noted that this created opportunity for other platforms to become more globally dominant, particularly as countries in the emerging markets leapfrogged wireline networks to ever faster mobile networks.

India 107

India North America Ukraine Silicon Valley 107

Both Sides of the Table

SEPTEMBER 22, 2012

Growing too slowly is particularly dangerous in a business with network effects, which the best startups usually have to some degree.” Instant growth = huge valuation from follow-on investors = big VC mark-up on our quarterly reports = LP interest. It’s not merely that you need a scalable idea to grow. Grow or die.

Silicon Valley 390

Silicon Valley Venture Capital Startup Technical Review 390

Agile VC

OCTOBER 29, 2014

The nature of LP investors can vary widely, but the bulk of the capital in the VC ecosystem comes from large institutions like pension funds, endowments of universities and hospitals, charitable foundations, insurance companies, very wealthy families (aka family offices), and corporations. Advisory Firms.

Venture Capital 279

Venture Capital LP Private Equity Institutional Investors 279

Both Sides of the Table

SEPTEMBER 14, 2016

And we felt terrible not being able to let every LP in but we were forced to make some hard compromises yet we opened up our fund to Sapphire even though they were a first time LP. We have many LPs who come from industry and this is truly a value-add in a LP/VC relationship 3. Beezer did.

LP 150

LP Entrepreneur United States Venture Capital 150

Both Sides of the Table

SEPTEMBER 29, 2013

I had a chance to discuss AngelList Syndicates with Naval at Michael Kim’s Cendana LP/VC conference on a panel with Naval, Roger Ehrenberg (IA Ventures) and Mike Brown, Jr. Angels have additional networks. Many of the good and great of our industry are talking about AngelList. Must be doing something right! Bowery Capital).

Syndication 356

Syndication Syndicate Cofounder Early Stage 356

Hunter Walker

JANUARY 5, 2014

I think networking is a terrible word. ” I try to spend zero percent of my life networking. raising capital, building LP relationships, infrastructure and platform investments, recruiting for firm, budget/audit, evaluating overall firm strategy and performance. 3) General Relationship Building. Hey, want to grab a coffee?

Software Review 105

Software Review Balance Sheet Cofounder Technical Review 105

David Teten

AUGUST 15, 2013

Some corporations emulate this model by creating their own wholly-owned VC entities, typically with one LP: the corporate balance sheet. In addition, BizSpark offers technical support, business training, and a network of over 2,000 partners to connect members with incubators, investors, advisors, government agencies, and other resources.

Startup 114

Startup Technical Support Venture Capital Balance Sheet 114

Genuine VC

SEPTEMBER 7, 2010

The elite top-tier firms have a sustainable competitive advantage with both entrepreneurs (and LPs alike) given brand, a vast network, and self-reinforcing success. The elite top-tier firms have a sustainable competitive advantage with both entrepreneurs (and LPs alike) given brand, a vast network, and self-reinforcing success.

Seed Stage 191

Seed Stage Belgium Differentiation LP 191

Version One Ventures

JULY 31, 2018

Since 2012, we have made over 40 investments and have been busy building our fund, expanding and deepening our network, and most gratifyingly, working with our portfolio companies in their pursuit to transform their industries and the world. So, we are excited to announce that we’re looking to augment our team. What are we looking for?

Hiring 166

Hiring San Francisco Advisory Board Due Diligence 166

Haystack

JUNE 1, 2018

Perhaps because of this success and the unique elbow grease they supply to their portfolio, it was shocking to many to see that one of the storied seed franchises would contract, become its own sole LP, and scale back its operations. Yet for many, it didn’t come as a surprise.

LP 116

LP Global Social Media Portfolio 116

Hunter Walker

MARCH 28, 2018

And why a LP should give them theirs. So we network, we write blog posts , we research, we tweet. .” “We invest with social good in mind.” ” I hear, read, see examples every day of investors espousing differentiated theses with regards to why they exist. Why a founder should take their dollars.

Portfolio 105

Portfolio LP Differentiation Founder 105

The Equity Kicker

NOVEMBER 26, 2013

LPs, the investors in VC funds, have a difficult job to do, largely because they have to work with poor quality data and only a small fraction of VCs deliver the returns that make them worth investing in. Discipline also helps to keeps a venture fund’s loss ratio low which is important as they are ultimately stewards of LP investment funding.”

LP 154

LP Venture Capital Portfolio Reputation 154

David Teten

SEPTEMBER 23, 2017

The historic capital-raising process is driven by face-to-face networking and salesmanship. A more efficient approach is to mine the data exhaust from the Limited Partner universe to identify those LPs most likely to find your fund attractive, and focus all your energy on them. 2) Raise capital.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

View from Seed

MAY 29, 2019

They are also increasingly focused on “leading” rounds, because funds that are institutionalizing get LP pressure around whether or not they lead. In this case, you lose out on the breadth of support from your investors in both their network and their dollars.

Syndication 267

Syndication Syndicate Cofounder Cap Table 267

This is going to be BIG.

MARCH 14, 2019

If you’re not actually modeling this out with a spreadsheet, I don’t know how you can look an LP in the face and say this. Because I had previously met Jack Dorsey through the Union Square Ventures network, in 2009 I was able to grab coffee with him before he launched Square. How will you provide it across 30 investments?

LP 112

LP Due Diligence Portfolio Distribution 112

David Teten

JUNE 1, 2011

Estimated 100 – 200 total entities Friends & family – basic networking. Zubin Avari, Charter Oak Equity LP Christopher A. Charter Oak Equity LP Fee at close Part of management fee Part of carry. Fundless sponsors Good at finding unusual opportunities at good prices. Prestegaard, High Road Capital Parnters.

Private Equity 122

Private Equity Deal Flow Equity Developer 122

Both Sides of the Table

FEBRUARY 6, 2019

If you get into the best deals it has never been a better time to be a VC or LP, and the best have developed strategies to capture more value Given that the best deals are pushing out their exit dates it means that many firms aren’t seeing as quick of liquidity as they might have 20 years ago. “We And this is about to grow even faster.”

Venture Capital 292

Venture Capital IPO Mezzanine Early Stage 292

David Teten

DECEMBER 12, 2017

As a globally focused LP in early stage VC funds, we at Blue Future Partners have observed a growing trend of firms investing substantially in software tools, whether developing proprietary solutions or adopting off the shelf tools. But what tools are they using themselves to automate their own processes?

Early Stage 60

Early Stage Technical Review Software Review Venture Capital 60

Feld Thoughts

AUGUST 6, 2018

While I don’t have portfolio level stats for them, their new endeavor Foundry Next (to invest in smaller funds and then follow-on into key investments) has built up an LP basket of 23 positions in a variety of new VC funds. While we don’t have a geographic allocation approach, we were willing to travel and invest everywhere in the US.

North Dakota 70

North Dakota Southern California San Diego Indianapolis 70

BeyondVC

JUNE 29, 2005

And like you, we have to go out and raise capital every 3-5 years for a new fund and similar to entrepreneurs we need to network with the right people, have the right meetings, and go through extensive due diligence. In the early morning, a show of hands revealed about a 20% LP audience and 80% fund manager group.

LP 60

LP Private Equity Due Diligence Venture Capital 60

This is going to be BIG.

SEPTEMBER 19, 2012

That product isn't money--it's their time, attention, sound advice and network. In a environment that is constantly innovating, the best ones realize that they have to out-execute the next firm with a higher quality product if they're going to stay in business.

LP 112

LP New York City New York Chad 112

David Teten

JANUARY 19, 2021

Aunnie Patton Power writes, “According to the Global Impact Investing Network, 85% of Impact Investors look for market rate or close to market rate returns, but they are cognizant that pushing for a full company exit might have negative impact on the company’s founding mission. Particular application in impact capital.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

This is going to be BIG.

DECEMBER 3, 2020

If you’re not showing up at all the events, putting out content, constantly networking, generating enough deal flow—more specifically enough high-quality deal flow—being able to co-invest next to experienced professionals can really boost your funnel. Access to other investors.

Portfolio 134

Portfolio Syndication Syndicate Deal Flow 134