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How VCs Structure a Syndicate and Recruit Coinvestors

David Teten

GPs strategically invite trusted [Limited Partners and others] to co-invest, often based on the LP’s ability to add value or when the amount of capital required to complete an attractive transaction is larger than they are able to invest alone.”. 2) Investors with very specific value-add. Economic benefit. Market Insight.

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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.

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An Investor’s Personal Social Media Tech Stack: In the future, everyone will be famous for 15 followers

David Teten

They’re taking a $1m check from me, or giving $5m to me as a limited partner. Other coinvestors: Limited partners, other VCs who are coinvestors, private equity funds which are potential growth-stage investors, etc. Kevin has written over 620 syndicated columns).

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The Twenty Year Itch: My Last VC Investment Out of Brooklyn Bridge Ventures

This is going to be BIG.

I’ll also continue to work within the NYC tech community—now thriving at a level I could hardly have imagined when I first got the pitch deck for USV’s first fund as a Limited Partner at the GM pension fund. To think, I almost didn’t take that 2004 meeting because it was a NYC-based fund.

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How Private Equity and Venture Capital Investors Are Eating Their Own Dogfood

David Teten

A more efficient approach is to mine the data exhaust from the Limited Partner universe to identify those LPs most likely to find your fund attractive, and focus all your energy on them. Relationship Science makes it easier to understand and map social networks into potential limited partners. 2) Raise capital.

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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. Coinvestors: Flexible VC terms have not been standardized, which may make the investment harder to syndicate.

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What’s the difference between angels and seed VCs?

Hippoland

It would’ve been something like: Angels: Uses his/her own money to do investments Writes small checks Mostly sole decision maker VCs: Uses 3rd party money to do investments (from limited partners) Writes large checks Multiple decision makers and a concrete process But today, some of these things have changed. Like I mean a LOT.