The Venture Capital Math Problem Revisited (aka How Could You Be So Wrong?)
Feb 28, 2020
I argued that the venture capital business could not sustain more than $20bn a year of new capital coming into it and continue to produce good returns to the investors in VC funds. The venture capit...
🩺 @raiseconference took the pulse of 200+ #LPs for their take on the state of #VC today 👇
1/ Frustration brewing... w excessive fund sizes & “Economics > 2/20”
2/ Want VCs to focus efforts on 1 stage/1 sector
3/ Some LPs would sell assets in legacy funds
👏TY to @HarryStebbings, @Chalfs, @katherineykwu, @fredwilson, @hunterwalk, @bizcarson, @pitchbook, @nvca & the ... many more who shared insights in this month's #OpenLP newsletter💫
🔗👇 for perspectives from the bright minds of the venture ecosystem
Carveout's roundtable Fund of Funds event series will be live soon! Grab your virtual seat at the🔗 below, & don't... miss @Beezer232 (Sapphire Partners), @lo_toney (@PlexoCapital), @tracyfong (Albourne Partners) & Abe Finkelstein (@Vintage_Inv) @ 10:30a PT!
Great 🧵on for #VC fundraising for first-time managers.
@hpierrejacques opens the curtain on @HarlemCapital's Fund I ... and the Qs they considered when deciding how much to raise.