Myth-Busting In European Venture Capital

The European venture capital market needs a makeover. Over the last two decades, Europe has struggled to keep up with its US counterpart. Historically, returns in European venture has lagged the US, w...

How To Craft Your Elevator Pitch To LPs As An Emerging VC Fund

Fundraising from Limited Partners (LPs) is one of the biggest challenges for emerging venture fund managers to succeed. In my previous post on fundraising strategies, I have drawn from B2B marketin...

Pitch To LPs As An Emerging VC Fund Manager

Fundraising from Limited Partners (LPs) is one of the biggest challenges for emerging venture fund managers to succeed. In my previous post on fundraising strategies, I have drawn from B2B marketin...

How Emerging Venture Capital Fund Managers Should Think About Their LP Fundraising Strategies

For many emerging VC managers, fundraising from LPs seems like an obscure procedure that is difficult to comprehend and hard to do right. I think it becomes much clearer if you look at fundraising as ...

Structural Problems In The European Venture Capital LP Landscape And Why It Matters

In my conversations with emerging venture fund managers, I am often asked about the Limited Partner (LP) landscape in Europe. Understanding your prospects is important when you want to raise a fund....

Should You Raise A Fund? An LP’s View On Challenges And Alternatives

The last few years of this capital cycle have paved the way to an explosive growth of first-time funds in alternative assets including venture capital and crypto. As an LP, I had the chance to speak ...

Know Your Edge As A VC, Part Three: Structural Edge

Limited Partners need to assess a GP’s competitive advantage when considering an investment in their venture fund. If you want to raise a fund you need to know your edge. This three-part series prov...

Know Your Edge As A VC, Part Two: Analytical And Behavioral Edge

As a venture capital fund manager, you need to convince potential LPs about the attractiveness of a potential investment in your fund. Part of the LP’s due diligence is their evaluation of your edge...

Know Your Edge As A VC, Part One: Informational Edge

The relationship between venture capitalists and founders is well discussed and understood. But another side is also critical in venture capital: the VC’s relationship with limited partners, or LPs�...

Crypto VC portfolio construction: the LP’s perspective

Crypto is an emerging asset class and whilst general investment principles are the same as in conventional markets, their application needs to be re-evaluated and sometimes adapted to cryptoassets’ ...

Deriving a venture capital strategy in crypto: the LP’s perspective

Deriving a VC strategy in crypto is hard and requires a) the definition of the opportunity set, b) the right structuring, c) a good strategy to deal with earlier liquidity, and d) an innovative view o...