LPs & GPs are often having the same conversation, but not speaking the same language. In my convo w/ @chudson & @miafarnham, we talked about the LP/GP “language gap.” As Charles put it: “Once you learn to decode it, it’s actually quite clear what people are telling you.” In Funds I–III, GPs are (rightly) focused on survival + getting to the next close. Meanwhile, LPs are listening for something else: durability, learning velocity, & signals you’re building for longevity. Give it a listen. 👇 https://t.co/PJICuXgnl3
“I don’t understand why we call both things venture capital.” — Dan G. on multi-stage mega funds (or the “big banks” as Nicholas Chirls calls them) vs smaller managers dedicated to the craft of early-stage venture. We had a super interesting...
I wish I could write as well as Charles Hudson - 🙏 for talking about the 'second desert in venture capital'. It is much harder than people think to go from Fund IV - VIII or as Charles says... "no...
Wow - that's a lot of opportunities for VCs and LPs to find each other...👇 🙏 Pavel Prata for collecting this list
For decades, venture capital has expanded practically by default. More funds, more managers, more capital. Today, fundraising, firm formation, and LP participation are all moving in the same direction: down. > After 20+ years, we are now facing the first meaningful...
ICYMI: Re-sharing Dan Gray's badass survey on the state of fundraising👇. He puts data behind how the current fundraising low wasn't just a "hard year" for smaller funds, but a structural shift in LPs changing behavior. Key takeaways from 48...
Fund size is your strategy. @micahjay1 + team at @fcollective demonstrate the art & super power of this. 5 funds & 20 $B+ outcomes, yet every fund <$100M. Today, that’s practically rebellious. All this + what 'unsexy' sectors are quietly delivering...
Fund size is your strategy. You hear it all the time because it's true, and Micah Rosenbloom and the team at Founder Collective demonstrate the art and the super power of this. Five funds and twenty $B+ outcomes, yet every...