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Why International Startups Love NY, and NY VCs Love International Startups

New York is now the second-most-active tech ecosystem in the US on all key metrics, after the Bay Area.  One of the drivers for that growth is that for European, Israeli, Latin American, and Eastern Canada-linked companies, the East Coast is much closer than California.New York venture [...continue reading]

How to Negotiate a Partner Role at a Venture Capital or Private Equity Firm

It’s hard enough to get a job at a venture capital or private equity firm; it’s even more complex to join as a Partner.  I thought it would be helpful to put together some notes on market norms and issues to consider in negotiating a partnership at an institutional investment firm.  These are many [...continue reading]

First-ever Survey of VC Tech Stacks

We think one of the industries with the greatest room for improved use of technology is venture capital itself.   Blue Future Partners, a fund of funds, and PEVCTech.com are now running what we believe is the first-ever large-scale survey of VC firms’ technology stacks.Filling out this survey [...continue reading]

How to Scale Support of Portfolio Companies

As I’ve worked to build out HOF Capital’s portfolio acceleration platform, the #1 question I think about is: how do we scalably support our companies?  Large private equity funds like KKR can afford to pursue a consulting model (Capstone), typically with associated fees, but that doesn’t normally [...continue reading]

How VCs Structure a Syndicate and Recruit Coinvestors

When I meet with other VCs, family offices, and other institutional investors, the most common question I get is: “What are the highest-potential companies in your portfolio which are raising now?”  I thought it might be helpful to provide transparency on how we and many of our VC peers think about [...continue reading]

How to Identify Technology Trends for Macro Investors

I recently spent time with a hedge fund manager who asked for counsel on how he could identify macro trends (especially technology macro trends) which he could use to generate investment ideas.  The deck below summarizes my recommendations.  This overlaps with my research on origination for private [...continue reading]

Microcredentials for the Effective Venture Capital or Private Equity Investor

Historically VC has been an apprenticeship business.  That said, I’ve identified quite a few microcredentials, conferences, and other learning opportunities which will help train you to be a better investor.  I’ve also published research here on private equity, venture capital, hedge funds and [...continue reading]

Fundraising Hacks for Venture Capital and Private Equity Funds

Historically, the process of winning capital from limited partners has been opaque.  However, in the last few years a few have started to use social media and become more transparent.  I particularly like OpenLP.com, Origins, and the Raise blog, all of which include content from multiple LPs.  A [...continue reading]

First Annual MENA Tech Summit Launches in NY, for Investors and Entrepreneurs

When Harvard Business School’s Dean, Nitin Nohria, took office, he outlined five priorities to shape his agenda for the School during his tenure: curriculum Innovation, Intellectual ambition, Internationalization, Inclusion, and closer ties to the University (Integration).  At HBS Alumni Angels of [...continue reading]

Institutional Investor’s Cover Story is Our Research Study on Innovation in Investing

We’re happy to report that Institutional Investor just published our research study as their April cover story: “Asset Managers, Prepare to Have Your Business Disrupted” (about 2,000 words). You can download the full study in PDF (10,000 words) or join the discussion around the paper here on [...continue reading]

How Star Wars Will Help You Raise Capital for Your Company

When you’re raising money, you’re telling a story.  So who are some of the best stories and storytellers?   Greek mythology, the Bible, and in modern times, George Lucas and the Wachowski siblings.Star Wars and the Matrix are both modeled on Joseph Campbell’s wildly influential book, The Hero [...continue reading]

Corporate Venture Capital: Obligatory or Oxymoron?

When I meet with executives from large corporations, they’re often worried.  And they should be; the feeding frenzy in the innovation economy is in some cases because startups are eating the lunch of more established companies.  To quote a friend, if you’re an executive at an established company, [...continue reading]

How Long Before Venture Capitalists (and Angel Investors) Get Liquidity?

It’s fascinating to be an angel investor, but do most angels actually make positive returns?  And even more important, how long until they get liquidity?The theoretical returns look extremely attractive; we’ve identified 12 different studies showing annual returns of 18-54%.  But the bad news: [...continue reading]

Invitation to Lunch and Investor Feedback Meeting/Charity Auctions

I get more requests for meetings than I can handle.  I’d like to say it’s because of my great insights and dashing looks, but really it’s because we give away money for a living.As a way to try to respond to these requests, I’ve donated my time to a few charities which are auctioning off lunches [...continue reading]