Is it posible to have another investors pipeline? How can I do it?
It is for a different fundraising from the one of my fund.
It is for a different fundraising from the one of my fund.
Link here: https://www.investopedia.com/terms/j/jumpstart-our-business-startups-act-jobs.asp
1. If you are asking only accredited investors to attend a "Content" event, what is a reasonable assumption that they will then attend a "Conversion" event? 2. How large should your Content event be in order to have enough interest for a Conversion event, in general? 3. How large should your Conversion event be in order to secure at least 1 PACT, in general? 4. What is a targeted attendance for a successful Conversion event? Don't want it to be too small or too large. Thank you.
What is your advice/reaction to a founder that wants to issue two levels of SAFE notes? Level 1: Minimum Investment: $10,000 Conversion Terms: Convertible to stock in the Series A round at a $20 million pre-money valuation cap. Level 2: Minimum Investment: $50,000 Conversion Terms: Convertible to stock in the Series A round at a $10 million pre-money valuation cap.
A potential Venture Partner, tells me they can help me raise 30% of my target. I know I cannot give them cash or an earning proportional to the amount they raised. Is a percentage of carry the only compensation option? How much would be a reasonable percentage of the carry for leads to raise 30% of the total fund? Thanks
What differences do I as a need to be aware of as a new fund manager based in US, talking to a US person working in the UAE?
An propective LP wants some assurance that their commitment will not be called substantially faster than the proposed 3-4 year investment period. What's the best way to address this contractually in the LPA, and in practice?
My experience with connectors is limited, and it's unpredictable to determine which contacts might be good connectors in advance. Those I initially thought could be good connectors sometimes didn't fit the bill. How can I identify who to approach? How do I build a connector archetype?
Using them for newsletters, attending targeted conferences, general networking, and cold calls seem like good places to start, but are there any other ideas/strategies/best practices? Thank you.
Do you share the fund's current AUM to early LPs when catching up after some time/when asking for LP intros? How do you position it so it's a positive and not a negative? How do you leverage it to get more LP intros?
I recently discovered that a few VC Lab cohort members live in the DC area. I am wondering about the effectiveness of planning LP events with other GPs. What’s more beneficial to GPs and more attractive to LPs - a larger joint event like a happy hour or a smaller, more intimate one like a dinner? Is it good to cross-pollinate potential LPs?
WIth a target fund size of $4 MM, should I be aiming for more than $500k in my first close?
Mike had mentioned it this week - 'fill in the form' for PACT signing. Is it better softer language (more inviting) that we're going for to up PACT signing %? I don't think we can edit banner language and have prompted Robert about the possibility of customizing.
Hi all, I am working on a potential small insider bridge round for a portco (capped SAFE) and there are three key existing investors in the mix for this. The other two investors want to chat amongst ourselves about valuation etc. before responding to the CEOs proposal, which I feel is collusion (whether immoral or illegal, doesn't matter). I think the better course of action is for each of us to independently come up with what we feel is appropriate for the round, share that directly with CEO, and then the negotiations can commence. Any thoughts much appreciated! (NOTE: I was an operator until very recently so maybe I have too many scars from being on the other side of the table)
I just got this questions from a potential LP: What should i assume in terms of overall MOIC and target timing? Appreciate exits are hard to predict, but what should be the target based on the seed-stage VC asset class? 3-5x MOIC and some liquidity in 10-12 years? How would you answer this?
If I email a custom PACT link to an LP, till what time period they can use it?
Hi, our previous fund sits as a nominee of an FCA regulated fund, we manage all the investments and fundraising, they manage the reporting and compliance with the FCA to allow us to operate. This is a fairly standard structure for early stage funds in the UK but we were told that this impacts our investing track record and should consider ourselves as 'raising our first fund'. I have got conflicting opinions on how this impacts our track record - could anyone explain why this is potentially negative?
What year-over-year revenue growth percentage should you look for from a SaaS-based startup in order to consider it for a Series B fundraising round?
What metrics for first time fundraisers matter most in the eyes of LPs for raising a second fund? In other words, what KPIs / metrics must be relatively high to best ensure that a first time fundraiser will be able to raise a second fund?
A LP (naturalized US citizen) signed a PACT and wants to help recruit additional LPs in the US and Mexico. Are there solicitation issues that I need to be aware of for myself (GP) and my LP? Thank you.
As an emerging fund manager, is utilizing placement agents a prudent choice for fundraising? One of the significant challenges I face is having a limited network, which has hindered my ability to initiate a VC fund. I would greatly appreciate guidance on where to begin with fundraising for a first fund if placement agents are not a wise choice.
What valuation method would be most appropriate for a pre-revenue startup with a high potential and high-risk profile?
What are markers of good fit for the fund you are developing? What would constitute red flags?
Is there the most effective way to find LPs or it would be a combination of ways? For example, direct introductions, VC events, etc.
Are due diligence questionnaire and private placement memorandum required documents in order to attract serious / institutional LPs?
Is there any specific age of fund managers that LP's prefer? Is there any stats available about age of first time fund managers?
Hi everyone - as we all know, the venture fundraising scene has changed dramatically in the last year or so due to market conditions, global volatility/conflicts, interest rate growth, and so forth, In the future, after I get some experience under my belt, I do envision myself raising a fund. With that being said, and assuming the market environment remains as-is for the foreseeable future, has anyone observed what LPs are looking for in emerging fund managers amidst the existing fundraising climate? If anyone has heard directly from LPs, that would be great insight as well!
Seeking what are some typical objections LPs may ask from a First-Time / Emerging Manager and how best to answer them. Try to craft my answers to get closer to more "Yes"
A potential investor is asking to share with them the complete data room files by email given firewall issues (very common for big institutions) and we are willing to share this info. However, the only way to download the files I am founding is one by one. There is an option to download all at once?
Given the geo political tension and CIFUS regulations?
An LP asked me for some 'perks' and I want to formalize it somehow. What should and/or shouldn't I do with such a side letter? Should I actually sign it?
Since at this stage, legal hasn't been engaged, the management company and the fund have not been established. What format of names should be used in the PACT for the management company and fund? What if the domicile hasn't been decided. Might be US, might be Israel. How do we appropriately amend the PACT where the inserts [ ] are to make sure it is all encompassing?
Are there any repercussions in approaching LPs (who invest in many other funds ) with whom relationships were developed while working at a prior fund?