Venture Fund Portfolio Construction Tool
This interactive tool from Kauffman Fellows explores venture portfolio construction and the various trade off implications a GP must consider. It enables you to construct your own portfolio to understand how various assumptions impact returns to LPs and GPs.
The danger of venture capital ‘foie gras’
Capital foie gras describes the situation of being force fed, or stuffed, with too much money until you, and the company, choke. With interest rates at an all time low, SPACs everywhere and tech being one of the only areas in the global economy...
Breaking the Pattern Match: Outperformance Indicators for Venture Capital
Different Funds provides an analysis of 100+ variables around VC funds, paired with performance data, to surface dozens of correlations that can help LPs improve their manager selection process.
Turning the Tables on Notation: Introducing the #OpenLP Origins Podcast Miniseries
Sapphire Partners is bringing #OpenLP to Notation’s Origins podcast! Here’s episode one of the #OpenLP podcast miniseries, this time featuring Sapphire turning the tables on Notation to chat NYC tech, crypto trends, the evolution of the seed market, and much more.
How Emerging Managers Should Consider Incentive Mechanisms
This fantastic Twitter thread from Marco Cesare Solinas of Blue Future Partners advises managers on incentive design: “If there is somewhere you should avoid being creative, it’s here.”
Venture Diligence at the Seed Stage
Diligence at the seed stage of VC involves a mix of qualitative and quantitative factors. This fantastic model from Kauffman Fellows runs scenario analysis for your fund and illustrates dynamics around the quantitative side of diligence.