CapitalX - #openLP
It's been almost a week since I publicly launched my
@AngelList Rolling Fund.
🤗warm network ... (outbound) : new network (inbound) in my current LP base is 1 : 3 for $ committed/subscribed.
Think about that for a moment ⚡️
"If each of your 10 investments has a legit chance of becoming a unicorn, one may succeed in becoming a unicorn.
I ... like your targeted #approach"
WOW - never analyzed my portfolio that way!
#openLP from a potential LP inbound email - former founder with exits, now "retired"👍
Great to see a podcast by @Samirkaji focused on the best practices of starting and operating a great venture firm. Will... be a great listen for anyone aspiring or running a firm. Just signed up (link below)! #openlp
@villi My LP base may turn out to be like @OperatorCollect but more "grass root" with more self-fund profitable company ... owners and mid-level management with liquidity. #openLP
This highlights the point I made about building a full stack of Black-led GPs that can invest at each stage or across ... stages.
This is going to be a real problem.
Markups are a sign of VC success & offer an opportunity for liquidity, i.e. until exit
Why all LPs should be looking at emerging tech #venturecapital : the returns are better
... https://lawofvc.substack.com/p/1-episode-law-of-vc #openlp