Thesis & Presentation

They are fundamentally different models. With an accelerator - the entrepreneurs come up with the ideas and you provide limited resources. With a venture-studio, you came up the ideas and you provide resources to help. You will have a lo...

They are fundamentally different models. With an accelerator - the entrepreneurs come up with the ideas and you provide limited resources. With a venture-studio, you came up the ideas and you provide resources to help. You will have a lot of complexity with respect to managing various conflicts of interest. Try to focus one model for V1. It sounds like you’re doing a venture builder. Focus on that for now.

You can invest up to ~20% off thesis. But just because you can, it doesn’t mean you should. In the scenario above you should AVOID it. It is CRITICAL that your first investments are on thesis because that’s how you PROVE the thesis to f...

You can invest up to ~20% off thesis. But just because you can, it doesn’t mean you should. In the scenario above you should AVOID it. It is CRITICAL that your first investments are on thesis because that’s how you PROVE the thesis to future LPs that will come into subsequent closings.

Read VC Lab's General Solicitation guide: https://govclab.com/2022/06/28/general-solicitation/

Read VC Lab's General Solicitation guide: https://govclab.com/2022/06/28/general-solicitation/

If the contact that you asking for feedback from is not excited about what you are doing and not engaged to learn more, then your Thesis is not good enough. Most of the time, specific feedback is not useful. Measure success of your Thesi...

If the contact that you asking for feedback from is not excited about what you are doing and not engaged to learn more, then your Thesis is not good enough. Most of the time, specific feedback is not useful. Measure success of your Thesis by their engagement. If they are not a “yes,” then they are a “no.” Paul spoke about this in the webinar today.

This is called a Seed investment. 

This is called a Seed investment. 

This is highly dependent on the strategy. First pick your strategy, then the model.

This is highly dependent on the strategy. First pick your strategy, then the model.

It depends on the audience and the secret sauce of the thesis. 

It depends on the audience and the secret sauce of the thesis. 

This web site is not publicly available. This rules are very simple. Do not put information about your fund or your Thesis on a public web site. You can describe your team. You can describe your vision for the future. You can describe y...

This web site is not publicly available. This rules are very simple. Do not put information about your fund or your Thesis on a public web site. You can describe your team. You can describe your vision for the future. You can describe your interests. However, I would not direct LPs to a fund web site with any fund information. You can direct LPs to your LinkedIn profile, which should not include details of your fund or fund Thesis.

In general, it's suboptimal to use terms like this because many people may not understand the terminology and the benefit.

In general, it's suboptimal to use terms like this because many people may not understand the terminology and the benefit.

You can’t really switch the thesis on a fund mid-stream. You could launch a fund 2 with a different thesis but not in the same fund.

You can’t really switch the thesis on a fund mid-stream. You could launch a fund 2 with a different thesis but not in the same fund.

With respect to your thesis, you could say that you are in Switzerland and investing exclusively in Africa. The cross boarder deal structure refers to folks who say that they are investing in multiple regions.

With respect to your thesis, you could say that you are in Switzerland and investing exclusively in Africa. The cross boarder deal structure refers to folks who say that they are investing in multiple regions.

A common approach is to to show a summary of the deals on one slide and then put summary in the appendix. Put traction and funding stats.

A common approach is to to show a summary of the deals on one slide and then put summary in the appendix. Put traction and funding stats.

Venture Funds invest in speculative private company equity for returns from an exit. This is a proven model globally. Factoring, investing in profits or buying tokens is not venture capital. Trying to buy profits is not a proven model, ...

Venture Funds invest in speculative private company equity for returns from an exit. This is a proven model globally. Factoring, investing in profits or buying tokens is not venture capital. Trying to buy profits is not a proven model, and the the only examples that have worked are in gaming. The problem is that most talented entrepreneurs don't want to sell profits, so you are left trying to convenience lower caliber entrepreneurs to cut you in on their profits.

No, avoid mentioning LPs or their comittment in your deck.

No, avoid mentioning LPs or their comittment in your deck.

No - In a high, medium, low projections approach - your low projection should be higher.

No - In a high, medium, low projections approach - your low projection should be higher.

Put 2% average on your terms page. In parentheses next to it you can briefly describe the front loading.

Put 2% average on your terms page. In parentheses next to it you can briefly describe the front loading.