David Teten
JANUARY 23, 2021
I’ve been fortunate to be a Partner at two different VC firms over the past 9 years, and we’ve grown AUM 10X both times. Build the firm as much as possible before you solicit limited partners. . The next best move is to build your core team, e.g., recruit an Advisory Board, Venture Partners, and EIRs.
Steve Blank
MARCH 16, 2016
VC’s raise money from their investors (limited partners like pension funds) and then spread their risk by investing in a number of startups (called a portfolio). BTW, Angel investors do not have limited partners, and often invest for reasons other than just for financial gain (e.g., The Deal With the Devil.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Both Sides of the Table
FEBRUARY 20, 2019
Why you should set up a board at the seed round of funding I know these days with SAFE documents and rolling convertible notes many founders prefer not to set up a board early on. just having a sparring partner with a vested interest in your success can be useful. I actually think having a formal board can really help you.
Berkonomics
AUGUST 10, 2023
From the moment such an investor looks seriously at your company, the investor or VC partner is thinking of the end game, the ultimate sale of the company or even of an eventual initial public offering. There is no middle ground. Resetting your priorities Taking money from these sources involves resetting priorities over time.
YoungUpstarts
JANUARY 9, 2020
In a partnership, the partners share ownership of and responsibility for the financial well-being of the enterprise. When you are planning to file your taxes as a partnership, it is important to get on the same page with your business partners and co-founders. In most cases, a single partner cannot complete this tax process alone.
David Teten
DECEMBER 3, 2019
But in business, you want a lot of partners. In the private equity universe, most Partners have primary training as deal-makers, not as managers. That Google document provides cut and pasteable text I can share with other investors, based on their stage, focus, and appetite. . Most of us want one spouse and we’re done.
David Teten
AUGUST 1, 2017
Brad’s colleague Linkel Eakman, a prominent limited partner, published his guide: A Human User Interface….with It’s also helpful to look at where standard processes are documented, in those platforms, or in a process-automation/documentation tool like Process Street. This could even posted to the website in summary form.
Expert insights. Personalized for you.
78 
Let's personalize your content