article thumbnail

If You Don’t Respect Your Customers You Won’t Be Successful

Both Sides of the Table

In case you don’t know – as VCs we have have 2 sets of customers: LPs (limited partners) who invest money in our funds and entrepreneurs (who we in turn give money to and help support them in building businesses we hope will be valuable).

article thumbnail

Is a Venture Studio Right for You?

Steve Blank

These studios have different metrics than startup studios whose limited partners are private family offices or venture capitalists. In both North America and Europe, many venture studios in non-major cities are funded by government agencies to stimulate local growth, at times with matching donations from companies.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What’s Really Going on in the VC Industry? What Does it Mean for Startups?

Both Sides of the Table

The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion. Here’s my take: 1.

LP 311
article thumbnail

The Economics of a Small VC Fund

This is going to be BIG.

You charge your limited partners this, but you have to pay it back before you start taking a cut of the profits. Most larger funds have a fee around 2%, but when you''re this small, you need a little bit extra to keep the lights on. It''s only a little bit of a performance drag, though, because management fees act like a loan.

article thumbnail

Does the Size of a VC Fund Matter?

Both Sides of the Table

What will matter are: whether the people who invest in VC funds (LPs or Limited Partners) increase their activity and the performance of that actual fund. What the LPs will be looking for are VCs with enough “exits&# to prove that they can make returns.

article thumbnail

The Next Chapter for NextView

View from Seed

Almost all of this increase came from our existing Limited Partners, with a small portion that was made available to new LPs. As always, we are grateful for the partnership of all of our Limited Partners who entrust us to be good stewards of their capital in both good markets and bad.

Cofounder 156
article thumbnail

How’s Venture Capital Changing in 2023

VC Cafe

By contrast, they backed 620 funds in the last three months of 2021 First time fund managers hit hard: In 2022, limited partners backed 141 funds run by first-time managers, a 59% decline from the prior year and the lowest number since 2013 How does the constrained LP environment manifest for funds and startups?