article thumbnail

Kara Nortman Was Just Promoted to Co-Managing Partner at Upfront Ventures. Here’s What it All Means

Both Sides of the Table

Today we’re announcing that my partner Kara Nortman is becoming Co-Managing Partner at Upfront Ventures and I can’t tell you how thrilled I am to welcome her to her new role. I called an (ex) LP to tell him about her and my goals for her. She had all of the skills and traits we sought? I remember years ago trying to recruit Kara.

Partner 361
article thumbnail

How is the VC Asset Class Doing?

View from Seed

One or two of the best companies may continue to appreciate, but most of a VC’s portfolio has probably been realized, written off, or has maxed out its value. The longer the portfolio maintains the same value without distributing back cash, the worse the fund’s ultimate IRR. LP Constraints. Clearly, 0.62

LP 256
Insiders

Sign Up for our Newsletter

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

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?

article thumbnail

Observations from my trip to India

Version One Ventures

Version One has made only one investment in the region ( Headout , a fast growing marketplace for travel experiences) and I had written a small LP cheque into an emerging fund manager ( 1947 Rise , run by the awesome Shiva Sangwan ). I had only a few connections in India before this trip.

India 88
article thumbnail

The LP Opportunity to Change Tech Culture

thebarefootvc

Limited partners (LPs), who manage the capital that gets deployed into venture capital funds, can play an important role in diversifying the funding landscape. The reality is that many underrepresented fund managers start off with small funds and go through several fund cycles to build to a $100M fund.

LP 65
article thumbnail

VC Optimism Returning But More Pain Ahead In Their Portfolios

Hunter Walker

Obvious caveats to my POV here, most specifically: exposure is limited to largely the US/SiliconValley ecosystem, driven by our own portfolio, my friends and co-investors, the funds I’m a LP in, and our institutional LP relationships. Valuations. Fund Sizes Got Too Big. Firms raised too much money. Soft Acquisition Market.

article thumbnail

GP/LP Fit

Feld Thoughts

9 Questions That Help Get You To GP/LP Fit. In it, Beezer goes through, in depth, the top questions she recommends you ask an LP to determine GP/LP fit. How much capital do you have under management, and how much of that is invested in venture? How many venture managers are you currently allocating to?

LP 87