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Don’t Give Away Your Board Seats

Steve Blank

I pointed out that there are four roles a financial investor can take in your company: a board member, a board observer (a non-voting attendee of board meetings,) an advisory board member, or no active role. And they have a fiduciary responsibility to their own limited partners.) Advisory Board. “Do

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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

Similar to the explosion of seed funds in the past decade, we (and some limited partners too ) believe these Flexible VCs are on the forefront of what will become a major segment of the venture ecosystem. David Teten was also formerly a Managing Partner at HOF Capital.

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15 Steps to Fundraising for Your New Venture Capital or Private Equity Fund

David Teten

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. Note that limited partners view formatting as a proxy for professionalism. Prepare Limited Partner FAQs. .

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VC Governance FAQ: (1) How much information are limited partners (pensions, endowments, foundations, etc.) entitled to receive from a VC fund?

Pascal's View

It’s that time of the year again– time to send out audited financial statements and K-1’s to your limited partners– which means it’s also a great time to address some of the common questions that investors raise about VC partnership governance and disclosure issues. entitled to receive from a VC fund?