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What Mistakes Do VCs Make When Fundraising?

Both Sides of the Table

I counsel first-time VCs (as well as founders) to have mid-funnel strategies to get from first LP meeting to close and to put a disproportionate amount of time into this area (I say more about this on the podcast starting at timecode 27:41). And again, just like in enterprise sales, this is all about differentiation ?—?what

LP 375
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Why So Many Small Emerging Managers Don’t Use Placement Agents

David Teten

In 2018, the 8,000 active private equity funds globally had a 15 to 16 percent annual performance differential between top and bottom quartile funds. Here lies the two degrees of separation: the agent must get to the IC, who in turn must get to the LP. Typically less helpful for LPs to talk with intermediaries. .

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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. Or an LP wants to anchor the fund, but asks for a large piece of the carry.

LP 73
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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? This is a structural shift in our industry few have talked about publicly.

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A Beer Drinker's View of the Venture Industry

Genuine VC

The famed business strategist Michael Porter described a set of successful general strategies which firms employ to achieve a sustainable competitive advantage: differentiation strategy and cost leadership strategy for those firms with a broad market scope, and a segmentation strategy for those with a narrow market scope.

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For VCs, Your Thesis Is Your Portfolio Page, Everything Else is Just Hopes and Dreams

Hunter Walker

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

Portfolio 103
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Conference Notes on Sourcing Deal Flow & Developing New Business for Private Equity

David Teten

Estimated 100 – 200 total entities Friends & family – basic networking. Question : How do generalist PE funds differentiate and get in the advisers list? Question : How do PE funds differentiate in the LOI phase? Zubin Avari, Charter Oak Equity LP Christopher A. Prestegaard, High Road Capital Parnters.