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What Makes a Great Independent Board Member?

Both Sides of the Table

While it’s true that they are investing LP money from a fund, it’s also true that the VCs are required to write large checks into their funds so every time they do a “capital call” (request money from an LP to fund you) they are also having to wire their own money into the deal. VCs most certainly do have skin in the game.

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ProfessorVC: The Most Important Venture Capital Statistic

Professor VC

The funding search began the day after Labor Day and continued throughout the fall as the environment continued to worsen, and resulted in a term sheet the day before Thanksgiving. Some were also dealing with issues of limited partners struggles with capital calls and asset allocations.