Apurva Mehta

8 statements across 1 episodes · 4 bullish · 1 bearish · 1 people on the record · first statement Aug 17, 2020 by Apurva Mehta · across every show →

On the record as a speaker too: Apurva Mehta's record, appearances and statements → this page counts the times other people say the name.

Everything said about Apurva Mehta, oldest first

Aug 17, 2020 neutral
Disclosure
Summit Peak does not advise fund managers on their capital deployment pacing
“We are in the business of backing GPs, and the pace of their deployment should not be something I should be giving them advice on.”
Apurva Mehta Aug 17, 2020 ▶ 26:17 20VC: Why Entrepreneurs Care Less About Firm Brand at Seed, How LPs Should Think About GP Commit & How The World of LPs and Fundraising Will Change Post COVID with Apurva Mehta, Managing Partner @ Summit Peak Investments
Aug 17, 2020 positive
Disclosure
Summit Peak accepts 2.5% management fees for emerging venture fund managers
“When it comes to running a business, we generally are not sensitive to the management fee. I mean, so you're right on that. We're not sensitive to it because we understand that whether you're a new fifty million GP or a new twenty-five million, the management …”
Apurva Mehta Aug 17, 2020 ▶ 22:03 20VC: Why Entrepreneurs Care Less About Firm Brand at Seed, How LPs Should Think About GP Commit & How The World of LPs and Fundraising Will Change Post COVID with Apurva Mehta, Managing Partner @ Summit Peak Investments
Aug 17, 2020 neutral
Disclosure
Summit Peak founders invested their entire net worth into their first fund
“Every ounce of our net worth is invested into our fund one, And then whatever's remaining into our fun too.”
Apurva Mehta Aug 17, 2020 ▶ 25:18 20VC: Why Entrepreneurs Care Less About Firm Brand at Seed, How LPs Should Think About GP Commit & How The World of LPs and Fundraising Will Change Post COVID with Apurva Mehta, Managing Partner @ Summit Peak Investments
Aug 17, 2020 positive
Disclosure
Summit Peak tracks follow-on investments from top VC brands like Benchmark
“Look, I would be bullshitting you to say that it's not important to us. Those brand names do matter, whether that's Benchmark Capital, Andreessen Horowitz, Sequoia Capital. They are great funds, and they're great investors at various stages, and you want to se…”
Apurva Mehta Aug 17, 2020 ▶ 29:27 20VC: Why Entrepreneurs Care Less About Firm Brand at Seed, How LPs Should Think About GP Commit & How The World of LPs and Fundraising Will Change Post COVID with Apurva Mehta, Managing Partner @ Summit Peak Investments
Aug 17, 2020 positive
Insight
Founder references are the most important metric for evaluating early-stage GPs
“In early stage venture, the most important piece is references from founders.”
Apurva Mehta Aug 17, 2020 ▶ 7:00 20VC: Why Entrepreneurs Care Less About Firm Brand at Seed, How LPs Should Think About GP Commit & How The World of LPs and Fundraising Will Change Post COVID with Apurva Mehta, Managing Partner @ Summit Peak Investments
Aug 17, 2020 positive
Insight
LP commitments to venture capital managers should span two to three funds
“I think the decision to invest in a GP Is generally a two or three fund decision”
Apurva Mehta Aug 17, 2020 ▶ 26:43 20VC: Why Entrepreneurs Care Less About Firm Brand at Seed, How LPs Should Think About GP Commit & How The World of LPs and Fundraising Will Change Post COVID with Apurva Mehta, Managing Partner @ Summit Peak Investments
Aug 17, 2020 neutral
Disclosure
Summit Peak halves allocation sizes for fund managers who raise funds annually
“So in our own fund, we know that some managers are going to come back every year with a new fund, or every -- And so instead of a normal sized allocation, you cut it in half so that we can have the capital to go back fund after fund after fund.”
Apurva Mehta Aug 17, 2020 ▶ 27:33 20VC: Why Entrepreneurs Care Less About Firm Brand at Seed, How LPs Should Think About GP Commit & How The World of LPs and Fundraising Will Change Post COVID with Apurva Mehta, Managing Partner @ Summit Peak Investments
Aug 17, 2020 negative
Insight
Selling management company equity to anchor LPs creates long-term GP resentment
“Giving up a piece of your management company, it makes that LP very expensive. And ultimately, I think, as a GP, you come to resent that.”
Apurva Mehta Aug 17, 2020 ▶ 20:55 20VC: Why Entrepreneurs Care Less About Firm Brand at Seed, How LPs Should Think About GP Commit & How The World of LPs and Fundraising Will Change Post COVID with Apurva Mehta, Managing Partner @ Summit Peak Investments
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