Feld Thoughts

FEBRUARY 6, 2019

If you vent to another founder, you either hurt your own reputation or the mentee’s reputation. At worst, you may end up affecting their relationships with potential partners or future hiring candidates. He’s an LP in several Techstars funds and a direct investor in a selection of Techstars companies.

Boston 94

Boston LP Reputation Stock 94

This is going to be BIG.

DECEMBER 3, 2020

The partner at the fund, the VC, gets to do the fun part—the meeting with founders, vetting deals, negotiating, helping, etc. Access to the partner. If you’ve put money into a fund, I think it’s reasonable to expect that partner to check out the deal flow that you find on your own, and let you know what they think.

Portfolio 134

Portfolio Syndicate Syndication Deal Flow 134

Hunter Walker

NOVEMBER 30, 2022

Reputation Effect. While across fund cycles and an entire partnership these sorts of issues normalize out, I can tell you for sure the lead partner might be wishing they had that ‘slot’ back, especially if they are early in their career. Relationship Cost of SPVs/Direct Co-Investment and LP Credibility.

Vertical 48

Vertical LP Syndicate Syndication 48

Hunter Walker

APRIL 4, 2014

Part of our presentation will be portfolio financials, which, because we’re relatively new, aren’t exceptionally volatile (LP speak: most of our investments are still carried at original value since no additional fundraising has occurred). First fund is like a seed round – it’s based on pitch and reputation.

San Francisco 100

San Francisco Private Equity LP Syndicate 100

David Teten

JULY 12, 2017

First, a formal definition: According to Capital Dynamics , “Co-investments are direct investments in a company made alongside and on the same terms as a lead [General Partner]. We see our potential coinvestors in four primary buckets: 1) HOF Capital ’s own limited partners. 2) Investors with very specific value-add. Economic benefit.

Syndicate 60

Syndicate Syndication Institutional Investors LP 60

This is going to be BIG.

JUNE 10, 2016

In fact, the main partner became increasingly difficult to reach, and a junior person started interacting with the company more and more. Reference calls to potential limited partners seemingly have no upside to founders. Many founders realize the hard way that reputations of many "top" VCs are little more than smoke and mirrors.

Cap Table 60

Cap Table Limited Partner LP Reputation 60

David Teten

MARCH 2, 2013

See the Techcrunch posts by my Partner John Frankel and Professor Robert Wiltbank , my recent post on the quality of angel returns data , as well as reports from the Silicon Valley Bank and Kauffman Foundation. Partners at smaller funds, by contrast, have to hustle before they can cover their mortgage.

LP 114

LP Securities and Exchange Commission Silicon Valley Venture Capital 114

Genuine VC

OCTOBER 11, 2011

I hypothesized that, “Perhaps a contrarian statement in this environment: but even though there’s been a dip in fund size due to broad economic factors and LP appetite, it wouldn’t surprise me if the truly top firms raise even larger funds over the coming decade.” What’s pouring = individual partners matter.

Venture Capital 150

Venture Capital Seed Stage Entrepreneur LP 150

Hunter Walker

MAY 2, 2016

I’ve written before about our LP meetings – if you want to check those out before hearing about 2016’s version, here you go: Homebrew Annual Meeting 2014. Satya and I wake up each morning 100% ready to put sweat and reputation behind every CEO. Homebrew Annual Meeting 2015. Ok, now back to present day.

Advisory Board 48

Advisory Board LP Institutional Investors Portfolio 48

Hunter Walker

MAY 2, 2016

I’ve written before about our LP meetings – if you want to check those out before hearing about 2016’s version, here you go: Homebrew Annual Meeting 2014. Satya and I wake up each morning 100% ready to put sweat and reputation behind every CEO. Homebrew Annual Meeting 2015. Ok, now back to present day.

Advisory Board 48

Advisory Board LP Institutional Investors Portfolio 48

Growthink Blog

AUGUST 14, 2010

The best articulation of it comes from Basil Peters, a serial technology entrepreneur, co-Founder of Nexus Engineering, former Canada Entrepreneur of the Year, and Managing Partner at 3 venture capital funds – Fundamental Technologies I and II and the BC Advantage Funds. His blog is one of the best resources on technology investing out there.

Private Equity 67

Private Equity Intellectual Property IPO Venture Capital 67

Professor VC

NOVEMBER 19, 2009

I attended the annual LP meeting for a venture capital firm this week and got into a discussion about the above question. If you have a reputation for cutting corners, not treating employees or partners right, it will become very difficult to do business. ProfessorVC. The last blogger in Silicon Valley.

San Jose 43

San Jose Silicon Valley Las Vegas Venture Capital 43

K9 Ventures

NOVEMBER 30, 2008

The General Partners (GPs) are the operating guys. The money that the GPs and other employees of the firm invest comes from Limited Partners (LPs) — typically the big university endowments, retirement funds, charitable organizations, family offices and high net-worth individuals. The money side is flexible.

IRR 48

IRR Venture Capital LP Early Stage 48

abovethecrowd.com

APRIL 20, 2016

All Unicorn participants — founders, company employees, venture investors and their limited partners (LPs) — are seeing their fortunes put at risk from the very nature of the Unicorn phenomenon itself. LIMITED PARTNERS (LPS). They use the reputation of the other investors as a proxy for due diligence.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

Venture Chronicles

JULY 16, 2010

This is definitely on the upswing and reflects the issues that funds are having with their limited partner investors. Regulatory paperwork is prepared and the investment is prepared for presentation to the limited partners for funding. The second scenario is the pulled term sheet. It’s the nuclear scenario.

Due Diligence 28

Due Diligence Term Sheet Limited Partner LP 28