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Are Business Plans Still Necessary?

Both Sides of the Table

portfolios. Many of these businesses were what First Round Capital called FNACs (features, not companies – this acronym has always stuck with me). Unfortunately this was reinforced by the many conferences that rushed to espouse the benefits of Web 2.0 and the subsequent acquisition sprees of companies like Google, Yahoo!,

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How to Do Research on VCs (Written by a VC)

View from Seed

Most venture firms list their portfolio on their website ( here’s ours ) and sometimes talk about their typical investment model ( ditto ). For example, when an entrepreneur asks about capital calls, what they really care about is, “Are you guys still actively making new investments at present?” Consult the Interwebs.

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Group Finance Director

Transformify

Key responsibilities in this role include: Overseeing and sign-off of the financial statements and management accounts; Overseeing the developing the budgeting and forecasting process and contributing to the strategic direction of the business; Overseeing production of the fund accounts and the general administration of the funds; Overseeing the carried (..)

Finance 40
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How VCs Make Money….Hopefully

ithacaVC

And it literally has to pay in $$ when VC1 makes a capital call. Now, there are interesting ways for the GP to fulfill its portion of a capital call using “fee waiver”, but I am not going to address that here. Just like paying the portfolio company management team for doing its job.

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

Hippoland

And then later, when the fund needs money, the fund does a capital call. Typically, capital calls are done over the course of 3 years. So, if let’s say an investor commits to investing $300k into a fund, then on average, that fund will call 1/3 of the money each year over the course of 3 years.

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

Hippoland

And then later, when the fund needs money, the fund does a capital call. Typically, capital calls are done over the course of 3 years. So, if let’s say an investor commits to investing $300k into a fund, then on average, that fund will call 1/3 of the money each year over the course of 3 years.

Salary 48
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The Collapse of the VC Ecosystem & What It Will Look Like Post.

Altgate

Their portfolio firms will be able to cut back on headcount and other spending and additional capital from investors will allow the companies to survive for the 2-5 years it will take the market to begin to recover. These VCs will see an almost total wipeout of their portfolios. But some will be saved. “Series B&# funds.