Launching is easy; fundraising is harder. I’ve been fortunate to be a Partner at two different VC firms over the past 9 years, and we’ve grown AUM 10X both times. If you take the fifteen steps below, you’ll have the core of a high-performing fundraising and investor relations function. Build the firm as much as...
[Continue Reading]Limited partner due diligence on VC and private equity funds
As a VC, I have a standard due diligence list for companies I’m reviewing. Similarly, limited partner investors have their own due diligence standards. To summarize, as an allocator I’m looking to “Give ‘PEAS’ a Chance”: People, Execution, Alignment & Strategy. To raise capital from allocators, you first need a compelling cover email, to motivate...
[Continue Reading]Fundraising hacks for alternative investment managers: venture, private equity, hedge 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’ve collected the best guidelines here. If you have any other resources to add, please contact me. First, I’ve written a number of essays on fundraising...
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