first-time fund managers
also referred to as: first time fund manager · first time fund managers
5 statements across 4 episodes · 1 bullish · 2 bearish · 3 people on the record · first statement Oct 11, 2017 by Samir Kaji · across every show →
Everything said about first-time fund managers, oldest first
Oct 11, 2017
Kaji: Emerging VCs underestimate math needed to return 3x to 5x capital
“They underestimate the difficulty it is to actually run a successful venture franchise and return capital. It's not uncommon for me to see decks where there's proclamations that a certain fund will return a three to five X, but if you look at the math required…”
Aug 17, 2020
First-time fund managers struggle most to clearly articulate their edge
“Clearly articulating their edge and differentiation. We see hundreds of pitch decks, and we walk away from some calls and walk away not having learned anything. You know, why are they different? Why are founders going to back them? That is the key thing that f…”
Apr 25, 2023 negative
First-time venture fund sizes are shrinking from $5M to $1M-$3M
“Yes, there is a reduction in fund size for, I would say the much smaller funds, right? In terms of if you could raise a five million dollar fund as your first fund, you're not going to raise that anymore. It's going to be closer to a 1,000,002 million or three…”
Apr 25, 2023 bullish
Kohli: AngelList data shows strong first-time manager returns, personally invests as LP
“When you look at our data, first time fund managers are fantastic, right? Not all of them, but when you think, when you look at some of the returns, they can be great. So if you have a different way of diligence and first time fund managers, I think it's an aw…”
May 9, 2023 bearish
Kohli: First-time VC fund sizes shrunk from $5M to $1M-$3M
“Yes, there is a reduction in fund size for, I would say the much smaller funds, right? In terms of if you could raise a five million dollar fund as your first fund, you're not going to raise that anymore. It's going to be closer to a 1,000,002 million or three…”