General VC Questions

30% of new managers are former Founders or CEOs according to VC Lab's most recent report. You can find more information here: https://govclab.com/2023/02/17/nextgen-manager-report/

30% of new managers are former Founders or CEOs according to VC Lab's most recent report. You can find more information here: https://govclab.com/2023/02/17/nextgen-manager-report/

You can get sued for anything, especially if you reside in a litigious country or domicile. Typically, it's best to try to avoid combinations if the names are very common because other parties may raise trademark concerns.

You can get sued for anything, especially if you reside in a litigious country or domicile. Typically, it's best to try to avoid combinations if the names are very common because other parties may raise trademark concerns.

There are a number of female VCs on the Midas List: https://www.forbes.com/sites/truebridge/2022/04/12/midas-list-2022-top-female-investors/?sh=b3fd17b46b2c

There are a number of female VCs on the Midas List: https://www.forbes.com/sites/truebridge/2022/04/12/midas-list-2022-top-female-investors/?sh=b3fd17b46b2c

Yes it is and you should change you name. Even if you could technically win a legal dispute, the effort and the cost would not justify it.

Yes it is and you should change you name. Even if you could technically win a legal dispute, the effort and the cost would not justify it.

Generally speaking, an SPV should not be used for deal warehousing. While there are ways in which it may be technically possible, it complicates matters (for the Fund) and is sub-optimal. Fund managers commonly make initial investments...

Generally speaking, an SPV should not be used for deal warehousing. While there are ways in which it may be technically possible, it complicates matters (for the Fund) and is sub-optimal. Fund managers commonly make initial investments either as individuals, or via wholly-owned entities such as LLCs (in the US). There are no particular issues or concerns with investing via an LLC versus investing as an individual. However, it is important to note that the initial investment paperwork issued to the LLC (or the individual for that matter) should be issued cleanly/completely and reflect the LLC's correct name, to ensure there are no additional complications when it comes time to transfer the warehoused deals into the Fund. 

Some of the benefits for a venture studio to have a fund and the structure is covered in this article here: https://govclab.com/2023/04/25/how-to-build-a-venture-studio/ Inevitably, almost all successful venture studios will have a fun...

Some of the benefits for a venture studio to have a fund and the structure is covered in this article here: https://govclab.com/2023/04/25/how-to-build-a-venture-studio/ Inevitably, almost all successful venture studios will have a fund, since this allows the venture studio to scale in a more structured and thoughtful way. The fund allows the venture studio to control their own destiny by backing the best outputs with more capital and, possibly, through multiple funding rounds. Since the outcome is inevitable to have a fund, then it makes often to start with a fund or to launch a fund early in the process.

A type of loan offered by banks and nonbank lenders that is designed specifically for early-stage companies with venture capital backing.

A type of loan offered by banks and nonbank lenders that is designed specifically for early-stage companies with venture capital backing.

National Venture Capital Association https://nvca.org. They provide a comprehensive set of model documents intended to streamline VC transactions. Membership also provides other benefits, like a limited subscription to PitchBook (otherwi...

National Venture Capital Association https://nvca.org. They provide a comprehensive set of model documents intended to streamline VC transactions. Membership also provides other benefits, like a limited subscription to PitchBook (otherwise $20k/year for unlimited per firm).

We do not, however, I’m happy to share in our Alumni Slack channel for you. Send me your question and I’ll post it for you.

We do not, however, I’m happy to share in our Alumni Slack channel for you. Send me your question and I’ll post it for you.

This will help: Venture Partners are part time people that can help with sourcing or fundraising

This will help: Venture Partners are part time people that can help with sourcing or fundraising

It really depends on the stage of the startup. There are number of AML providers, including Plaid and Sumsub. That being said, many of these solutions are cost prohibitive for pre-seed stage startups.

It really depends on the stage of the startup. There are number of AML providers, including Plaid and Sumsub. That being said, many of these solutions are cost prohibitive for pre-seed stage startups.

An SPV is a non-blind vehicle that contains one deal. A venture fund is a blind pool, the limited partners do not know what deals are going to be invested in, that contains a diversified set of portfolio companies, usually 10 to 25. Th...

An SPV is a non-blind vehicle that contains one deal. A venture fund is a blind pool, the limited partners do not know what deals are going to be invested in, that contains a diversified set of portfolio companies, usually 10 to 25. The fees are normally much smaller for SPVs, which make then attractive to limited partners. SPVs end up being a distraction to venture capitalists looking to set up a venture capital firm, since they are not real venture funds and since the economics are small.

The link that you shared describes everything about For Progress. It provides startup and investment related metrics based on the 169 official SDG sub-goals. The full set of metrics is outlined here: https://govclab.com/2023/05/23/ventu...

The link that you shared describes everything about For Progress. It provides startup and investment related metrics based on the 169 official SDG sub-goals. The full set of metrics is outlined here: https://govclab.com/2023/05/23/venture-impact-metrics/

There are none. Often you don't need to compensate the accelerator however. It's to their benefit if your fund invests in their companies

There are none. Often you don't need to compensate the accelerator however. It's to their benefit if your fund invests in their companies

This sounds like you will be working for them :slightly_smiling_face: They are asking you to manage their fund. If you want to run your own firm, consider politely declining them.

This sounds like you will be working for them :slightly_smiling_face: They are asking you to manage their fund. If you want to run your own firm, consider politely declining them.

Rolling Funds by AngelList are a distinct product for part-time amateur or prosumer fund managers. The pros are: - They are easy to set up - There are tools to manage them - They have a community of opportunities The cons are: - The m...

Rolling Funds by AngelList are a distinct product for part-time amateur or prosumer fund managers. The pros are: - They are easy to set up - There are tools to manage them - They have a community of opportunities The cons are: - The manager is a consultant, not an owner of the fund - Managers do not get fund credit for their track record - The fees and expenses are very high As a rule, VC Lab and Decile Group do not support Angel List products because they are designed for managers that are not serious about the craft of running a venture capital firm.

That is not a common term. The title signifies that the partner is in the GP, versus the ManCo, and handles fund operations. This would be for a larger fund, and not relevant for small firms.

That is not a common term. The title signifies that the partner is in the GP, versus the ManCo, and handles fund operations. This would be for a larger fund, and not relevant for small firms.

Luis Michel Jassir Right now, Home by VC Lab is designed as the a full-featured fund CRM for VC funds specifically. We built it because options like HubSpot are too complex and too expensive.

Luis Michel Jassir Right now, Home by VC Lab is designed as the a full-featured fund CRM for VC funds specifically. We built it because options like HubSpot are too complex and too expensive.

New firms do SPVs. Established firms set up growth funds with a separate team.

New firms do SPVs. Established firms set up growth funds with a separate team.

It’s not worth your time. The return on invest is just not there. Besides, if you’re going to get this fund off the ground, you will probably not have time for this anyway.

It’s not worth your time. The return on invest is just not there. Besides, if you’re going to get this fund off the ground, you will probably not have time for this anyway.

Decile Launch does not cover US visa options. Your best bet is to hire a good immigration attorney. With that said, I am sure that there are some people in the community that can share some of their experiences. From a logistics standpo...

Decile Launch does not cover US visa options. Your best bet is to hire a good immigration attorney. With that said, I am sure that there are some people in the community that can share some of their experiences. From a logistics standpoint, anyone can set up a Delaware based fund subject to KYC and AML requirements.