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Why So Many Small Emerging Managers Don’t Use Placement Agents

David Teten

It would make life a lot easier for emerging managers if they could outsource the entire fundraising process. Empirically, few small emerging investment managers hire placement agents, particularly in venture capital. There are eight main reasons why so many small emerging managers do not work with placement agents: Economics. .

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Why the LP Outlook is Good for Venture and Startups in 2017–2020

Both Sides of the Table

So LPs are looking for a combination of “established top tier” and “new managers with differentiation.” Chang Xu for her tireless effort in helping me prepare and analyze the data) If you met with LPs to raise a fund in 2009–2012 the most common refrain was, “We have too many managers and too many dollars in venture.

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What Do LPs Think of the Venture Capital Markets for 2016?

Both Sides of the Table

At the Upfront Summit in early February, we had a chance to have many off-the-record conversations with Limited Partners (LPs) who fund Venture Capital (VC) funds about their views of the market. LPs See The Over-Valuations and Don’t Like It. All isn’t completely rosy in the LP views of the venture industry.

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How I Got the Monkey Off My Back – Today Was a Good Day

Both Sides of the Table

It turns out it actually takes time to build a high-growth business with differentiated intellectual property and roll out large, enterprise-class marketing solutions. I remember a few years ago people (LPs mostly) used to ask me why I didn’t have any realized returns to show. 5 years ago. The monkey on my back. ” Yup.

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Fundraising advice for emerging GP’s

Version One Ventures

Areas of interest: crypto, climate, deep tech, India (& any truly unique/differentiated strategy) Must focus on pre-seed/seed, ideally < $20m fund size. The first is the fund that you would ideally raise if LP capital was not a constraining factor. In my opinion, a warm intro is even more important for emerging managers.

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8 Tips To Get the Most Out of Your Investors and Board

Both Sides of the Table

He wrote a post this long weekend on how he manages the board of DataSift. In this period (less than 2 years) he has brought on incredibly talented senior execs is sales, marketing, product management, client services, finance, vp engineering and more. Rob Bailey is the CEO of DataSift. You should read it. Email updates frequently.

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The Changing Structure of the VC Industry

Both Sides of the Table

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? and the bigger funds can’t get in directly.