Is there a maximum limit on the number of Venture Partners a fund should have? I am thinking of pulling in different sub-sector experts to work with portfolio companies.
Confusion point: I have two exits but it's in fashion tech not food tech which is what I'm current building foodtech fund. Do I list my portfolio exits or do I leave it out for foodtech?
Hi everyone we are going to be lead investor for the first time with seed round for a scientific startup. We will need to lead the due dilligence - does anyone have a resource for doing good DD?
Is it lame to use my last name for the management company instead of something more abstract? (My last name is not Andreessen)
Does FounderInstitute have a forum or email message board that we're allowed to browse/ask questions in for its alumni entrepreneurs? I have a general entrepreneurship question (about what the best software is for SaaS companies who want financial dashboard/charting that integrates with QuickBooks) and figured that would be a great place to look.
Hi everyone! I hope you’re doing well! I had two questions: 1. As a first time fund manager what do you think of me starting my fund under another funds wings? Essentially starting a micro VC under someone else’s current VC to share the resources with them as well and save on costs. 2. Would Angel investors be potential LPs? What is the best way to approach an LP? Directly ask them if they would invest or warm them up over a period of time? Thank you so much!
What is a standard hurdle on carry for first time funds? I have an LP saying at least a 10% IRR is what they're used to.
Topic: SAFE agreement/ Allocation () Hi All. I'm talking to a couple of startups about their openness in saving a position in their upcoming round for my fund... However 2 questions come to mind -- 1) What is Exhibit A here in the document? 2) Does this mean I need to have the fund entity established (not yet existing today) or could I indicate myself in place of the entity? Thanks for the guidance!
On warehousing deals with markup. I heard on the last AMA that it is advisable to bring the marked up deals to the fund at cost. I'm trying to understand how to make it work. Let's say I have invested $20k into a company last year and now it's worth $60k. If I put this in the fund at cost does it mean that I am gifting 80% of $40k to the LPs right away?
How would it work if an LP wants to up their commitment after they already signed a PACT? or may be after they already wired money for the first capital call?
I’m raising a $10 million fund. What’s the maximum check size of the deal that I should warehouse?
Other then Carta what is the best cap table tool out there? Something better then excel sheets?
Hi guys does anyone have a typical template for a venture partner agreement? Thank you!
Two quick questions 1. Are we able to use funds raised to pay for lawyers fund formation costs etc as a separate cost not associated with the 2% management fee? 2. What is the right distribution for our allocation/fund economics slides i.e. 80% will fail 10% will return 1x and another 10% giving us a 25x (all preseed investments)?
Can I deal warehouse investments that I have made through an Angel Syndicate?
We are invited to a DEI in tech conference as a speaker and the organizer is asking me to speak as the MP of Axent Ventures about immigrant founders. We read the rules about General Solicitation. Shall we totally avoid pronouncing Axent and speak as “Guc” at the event? (event is backed by the state department)?
Guys on the Team slide is it ok to use “fun tone” giving members nicknames e.g. “truffle hunter” to who’s in charge of sourcing deals and “booster” to the one in charge of supporting companies and adding value or is it un-professional and you advise against?
Question about warehousing/liquidating/SPVing Bytedance RSUs a non-thesis holding that doesn't fit my pre-seed fund thesis I have about $2mm in Bytedance RSUs (assuming an implied valuation of $300B). Can't be sold on secondary because of restrictions but they can be transferred via 'forward contracts' that do something similar. I would like to either add to fund or liquidate some of those holdings in Bytedance (about $1m). What are my options? Should I offer this as an SPV on my own? Is there a way to collateralize for a loan the Bytedance RSUs (no bank will do it for these afaik)? Or do I just hold these?
Venture Share – the Venture Partner Agreement; I am cooperating with a foundation that will support us with potential mentors for the companies we invest in. Should I make a Venture Partner Agreement with the foundation or with the mentors directly as individuals? The current framework we are discussing is that the Foundation will compensate the mentors using their funds.
