Unable to submit the deal memo for review. The top right side button is disabled and on tab of submit - clicking on button does not work - tried on both safari and chrome on macbook.
Why is there a strong preference by US LPs, for VC firms to be incorporated specifically in Delaware?
So with an understanding of the power law in its concept, does anyone know of an excel formula or model for figuring out what level of growth is needed by the 20% to break-even? the numbers to consider: I have written 50 checks for $100,000 Suppose 40 of them collapse to 0 suppose 8 of them have a 5x exit for me What would the other 2 need to reach as exit value to maintain breakeven, and then growth? What should i be considering in my model for this question? Is this something that can be easily modeled in excel? Has someone put something like this together?
What are the resources that everyone here uses for staying on top of trends. There are oodles of media out there, which would be most trustworthy for keeping a finger on the pulse? Currently looking at Pitchbook, Carta newsletter, ExecSum Newsletter, and some Fortune Newsletters, anything in particular I should add to this roster?
My life-long pal is a successful lawyer with a few PE firms on his docket. Since I already have this connection, would it be wise to put down a retainer with his firm for purposes of fund formation et al. before the first day of accelerator?
Can someone explain this to me like I'm five? The more I read heading into the VC Lab Accelerator the more I feel like a dunce. It seems like everyone is a partner, but what are they doing, I know I am the General Partner and will be responsible for the first fund and distribution of capital. and I know that Limited Partners will be my source of capital. But what about everyone else? Venture Partner? Not a clue Principal? Thinking this is like a GM or a Director of Product? Managing Partner? Thinking this is like a COO Venture Associate? This I can approximate from investment banking associates Similar to IB, are there VPs of the same style in venture capital? I might be putting the horse in front of the cart here but i want to make sure i am talking the talk at all events. My goal is to really blow this out of the water, so looking down the road to multiple funds with hundreds of millions in AUM what roles should i be considering for proper organizational structure? Are there any case studies on this? How should I go about breaking apart responsibilities so there is collaboration but no toe-stepping. Cheers, Eager to Succeed
I'm fresh as a baby when it comes to Venture Capital, but I've been in software for the last 25 years. I'm starting the accelerator soon, and want to make sure I'm fully prepared. Should I be starting conversations with any software sales team to increase my efficiency in the program? Would love to be all set up and ready to hit the afterburners when we get to software for fund administration or other tasks. Let me know!
Excited to join VC Lab in the accelerator, in my preparation I came across recent policy change at the SEC. Does this impact our proceedings at all? Is this something that is already baked into the curriculum with VC Lab. Feel free to just share a link if you already have something written on the topic.
A former colleague and I are looking to get into the accelerator. however, I am in Scotland and she is in Cairo. Is our geographic separation prohibitive to our success in the program? Or heck, looking beyond the program is it prohibitive to our success as VCs?
I have 20 years experience in biotech at Genentech, this is where I met my candidate partner. Are we over-indexed in biotech? should we scout in network for someone with experience in a separate industry?
I'm seeing the two programs Venture Institute and VC Lab Accelerator. I do not have venture capital experience but feel I am a good candidate for the VC Lab program. Is Venture Institute a prereq to success in the primary accelerator?
My primary career came to a close as CEO of a public biotech organization. I'm now doing some light angel investing and sit on a few boards, however, the passion isn't there. My wife suggested I look into starting a venture, but I am concerned that - at 57 - I am too old for the program
I recently had an exit and am looking for my next raison d'etre. Having taken two startups to acquisition, i'm currently excited about venture capital, but have no experience from the deal side of the table. Would this be a blocker to me joining the VC Lab accelerator?
My co-GP doesn't have the bandwidth to participate in VC Lab, but I would like to get things rolling. They are in agreement with this. Is it an issue if he can't participate in the program? should he apply anyway?
In other words would your connections only be interested in a $10M size range fund and not interested in a larger fund if we were able to raise more money from our personal networks?
Would it be appropriate for the PACT section for me to list the current earmarked funding/donations that we have managed to get traction on in this period?
WIth a target fund size of $4 MM, should I be aiming for more than $500k in my first close?
I just submitted my application on my behalf. I'd like to have a managing partner come on soon, i just haven't finalized those details. Can they come in after the start date?
I have been providing angel investments to pre-seed startups for the last few years. I only have made 10 investments, and think that what VC Lab offers would help me expand my impact while guiding me in the transition from angel to VC. Would I be accepted into the program? Will the accelerator partners advise me on bifurcating my current investments from my potential VC investments? Is there anyone else in the program who has managed this transition well?
