First-time fund managers are often comprised of active angel investors and/or successful entrepreneurs who contend that they will be able to expertly guide portfolio CEOs to maximizing on their opportunity.
Category Archives: LP Series
LP Series: Introduction & Purpose
The surge of new venture capital in recent years is highly encouraging. Many established venture teams are launching new funds faster and with greater frequency. Five years ago, it might have taken a venture team over a year to raise a fund.
LP Series: Our Views on LPACS & Reporting
As a fund of funds investor, we place significant importance on being able to meaningfully engage with the fund manager. Ideally, this means making a commitment adequate to occupy a seat at the Limited Partner Advisory Committee (LPAC) where possible.
LP Series: Our Views on the GP/LP Relationship
The GP/LP relationship is highly compelling and we felt, very worthy of discussion in the context of this article series. For both GPs and LPs, there is a lot of money, and just as notably time, at stake.
LP Series: Our Views on Exits & Extension Years
We get many pitch decks sent via email pitching the raise of venture capital funds. Most of them display impressive stats to entice the reader to lean in.
LP Series: Our Views on Portfolio Management
As we consider our next potential venture fund investment one aspect of due diligence that we particularly enjoy is a study of the portfolios of a team’s current and past funds.
LP Series: Our Views on Team
Venture capitalists are by their nature, builders and usually a mix of former entrepreneurs and transactional professionals who are optimistic about the future and ravenous for learning.