VC Funds 101: Understanding Venture Fund Structures, Team Compensation, Fund Metrics and Reporting

Managing a venture capital firm has many similarities to managing a startup. Just like startup founders, VC firms’ founders pitch investors and raise money continuously. Carry Pools are equivalent t...

#OpenLP: The internationalisation of venture capital: will this affect LP allocations?

Venture capital is becoming increasingly globalised. The VC stronghold is said to be shifting to regions outside the US, and VCs are moving to make investments across multiple geographies. Is this rea...

Do institutional Limited Partners back first time venture funds?

I recently posted this Twitter thread about the role institutional LP’s play within the emerging VC fund market (Side bar: I’m likely going to push more content through Twitter threads this year, ...

#OpenLP: When Money Isn’t Enough: How to Distinguish Yourself as a VC in a Crowded Market

In 2018, U.S. venture funds invested over $130 billion in startups — crossing the $100 billion mark for the first time since the dot-com boom in 2000. In addition, U.S. venture funds themselves also...

Why Europe Now?

Top Tier Capital Partners (“TTCP”) has been evaluating the venture capital industry for twenty years. As we analyze the market across various regions, we look at three metrics in particular – in...

#OpenLP Video: How Does Data Influence LP and GP Decisions?

Last month I had the opportunity to speak at SuperReturn365 on a panel focused on how LPs and GPs use data in our respective business. Some of the questions Tom Henriksson, Suranga Chandratillake, Mi...