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Are Business Plans Still Necessary?

Both Sides of the Table

Many of these businesses were what First Round Capital called FNACs (features, not companies – this acronym has always stuck with me). Great product managers who are not great business people still often fail. But they should also be the map and the Lingua Franca of your management discussions. portfolios.

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Why Was Winter in Venture Capital Funding so Short?

Both Sides of the Table

billion in venture capital funds with one A-round fund and one late-stage fund. In case you’re keeping score at home — that’s approximately the size of 65 US seed-stage funds managed by one company. Baidu alone raised $3.2 Those two investments represent the equivalent of another 32 US seed-stage funds just in two deals.

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Group Finance Director

Transformify

In this role you will work closely with the senior management and executive board, supporting in the businesses planning and strategy.

Finance 40
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11 Things I've learned from running a micro VC in the last year

Hippoland

In many cases, fund managers invest 1-5% of the fund size. They want you as a fund manager to be incentivized to make good investments, because you are staking your own cash too. And then later, when the fund needs money, the fund does a capital call. Typically, capital calls are done over the course of 3 years.

Salary 48
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11 Things I've learned from running a micro VC in the last year

Hippoland

In many cases, fund managers invest 1-5% of the fund size. They want you as a fund manager to be incentivized to make good investments, because you are staking your own cash too. And then later, when the fund needs money, the fund does a capital call. Typically, capital calls are done over the course of 3 years.

Salary 48
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The Loneliness of Success that Nobody Talks About

Both Sides of the Table

I managed the pressure but it lead me to gain weight, drink too much, work all the time and internalize the pressure that if I failed it would be very public and would affect the lives of everybody who joined my startup in the belief we would do something big together.

Houston 150
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How VCs Make Money….Hopefully

ithacaVC

That means that it has capital commitments from investors of $100mm. Capital is called when needed for investment, fund expenses or management fee. And, VC1 does not reinvest capital returned (with very few limited exceptions) – VCs are not hedge funds! salary paid from management fees.