View from Seed

OCTOBER 11, 2022

As someone who has seen multiple companies go from concept to $1B scale (and IPO), her experience and insight will be invaluable to the founders we work with. The second announcement is that we recently closed $200M of committed capital for NextView V and our first All Access Opportunity Fund.

Cofounder 156

Cofounder San Francisco Portfolio Limited Partner 156

Lightspeed Venture Partners

APRIL 12, 2016

We announced $1.2bn of committed capital in our latest fund family last month and four of us have been listed on the CB Insights/NY Times list of top 100 Venture Capitalists. It’s been an amazing ride.

Technical Cofounder 60

Technical Cofounder Cofounder SCRUM Committed Capital 60

ithacaVC

MAY 10, 2011

Typically, that might be 2% of committed capital per year paid quarterly. In its simplest form, think of profits as amounts returned to the fund in excess of capital commitments. So, for VC1, that would be $2mm a year. The amount is typically 20% of profits.

Carried Interest 51

Carried Interest Ratchet Limited Partner Due Diligence 51

Austin Startup

AUGUST 18, 2017

Once a venture investment is made, the fund will not realize a return until the company sells or IPOs. Limited partners, who commit capital to venture funds, have to commit for 7–13 years. This model has other problems. By far the largest is illiquidity. Few investors can afford to think on that time-scale.

Venture Capital 54

Venture Capital Marketing Technical Review Portfolio 54

Agile VC

DECEMBER 6, 2012

But even for healthy VC firms, as a firm grows or shrinks they are typically adding or subtracting LPs in each subsequent fund (still usually a minority of overall committed capital in the fund).

LP 178

LP Balance Sheet Differentiation Limited Partner 178