Remove Hiring Remove Preferred Stock Remove Revenue Remove Syndication
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How to Scale a Venture Capital (or Private Equity) Fund

David Teten

Coinvestors need to figure out ways to prioritize themselves in a VC’s preference stack for syndicating opportunities. – Syndicate Special Purpose Vehicles (“SPVs”) for specific opportunities. – Hire more non-Partner staff. – Hire more Partners. engineers, designers, business developers).

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How to Fund a Startup

www.paulgraham.com

There never has to be atime when you have no revenues. Some angel investors join together in syndicates. Now the group is looking for moremoney: they want enough to last for a year, and maybe to hire acouple friends. You dont have to spend time on bureaucraticstuff, because you havent hired any bureaucrats yet.