venture capital manager

also referred to as: venture capital managers

12 statements across 11 episodes · 3 bullish · 5 bearish · 10 people on the record · first statement Nov 2, 2018 by Ryan Caldbeck · across every show →

Everything said about venture capital manager, oldest first

Nov 2, 2018 bearish

Insight

VC managers raise larger funds because management fees outweigh carry

“And the reason they move up market is that the fees for larger funds always outweigh the performance of smaller funds. The people running these funds have incentives to raise larger funds.”

Ryan Caldbeck Nov 2, 2018 ▶ 13:48 20VC: Ryan Caldbeck on Why The Business Model of VC is Broken, Who is To Blame, How The Best Funds Will Use Data Intelligently Moving Forward & Whether We Are In A Consumer Bubble Or Not?

Feb 14, 2022 positive

Insight

Geoff Lewis: Youth is a venture manager's biggest asset

“Youth, I would say, is the biggest asset one can have as a venture capital manager. The youth enables you to not be jaded and to rebuild these mental models for every new market, for every new company that you encounter.”

Geoff Lewis Feb 14, 2022 ▶ 11:30 20VC: Bedrock's Geoff Lewis on Whether VCs Actually Provide Value or Not, Why Bedrock Does Not Have An Ownership Focus and The Difference Between Principles and Rules When Building a Firm or Company

Jun 27, 2022

Prediction Not checkable as stated

De Rycker: Portfolio markdowns will primarily trigger during new funding rounds

“I do think people will be proactive because you have to be, but it's going to take Time, and it's going to happen much more on the companies that have to have an outside mark, right, in terms of doing, doing around.”

Sonali De Rycker Jun 27, 2022 ▶ 13:57 Sonali De Rycker | How I Became a Partner at Accel; Type 1 vs. Type 2 Mistakes | 20VC #902 · 20VC with Harry Stebbings

Oct 31, 2022 neutral

Insight

Singerman: Fund size should be 3-4x your maximum comfortable single check

“Raise whatever fund size you can in order to like be comfortable writing a 25 to 30% of fund size check, right? Like if you're not comfortable writing a more than a five million dollar check, do not raise more than a twenty-five million dollar fund.”

Brian Singerman Oct 31, 2022 ▶ 32:42 Brian Singerman: How I Became a Partner at Founders Fund, Why We Put $400M into Anduril | 20VC #943 · 20VC with Harry Stebbings

Mar 4, 2023 negative

Assertion Not checkable as stated

Somerville: VC managers with most aggressive TVPI valuations need capital most

“And the ones that are the most aggressive in TVPI carrying value Are the ones that need the capital the most versus the ones that have been more conservative.”

Hunter Somerville Mar 4, 2023 ▶ 9:51 Hunter Somerville: Biggest Mistake LPs Make; Deep Dive into Secondary Markets | 20VC #985 · 20VC with Harry Stebbings

Oct 18, 2023 negative

Insight

Stebbings: Larger GP commits do not indicate greater manager dedication

“Billionaire founders of funds, they can put in a lot more money than me. Doesn't mean they're more committed than I am.”

Harry Stebbings Oct 18, 2023 ▶ 40:29 Beezer Clarkson: Are LPs Open for Business & Why Do LP Incentive Mechanisms Need to Change? | E1073 · 20VC with Harry Stebbings

Dec 18, 2023

Insight

Stebbings: Top VC fund managers will not meet LPs for $1M commitments

“The best managers are not going to meet you for a million dollars if you're not.”

Harry Stebbings Dec 18, 2023 ▶ 1:12:11 Peter Lacaillade: Why Now is the Best Time to Invest in Emerging Managers | E1096 · 20VC with Harry Stebbings

Jan 29, 2024 negative

Assertion Not checkable as stated

Akkina: Virtually Every Venture Firm Was Undisciplined in 2021

“We all know that, that we were all undisciplined for some period of time, right? It's not a secret, and you know, every, every, virtually everyone did it.”

Ryan Akkina Jan 29, 2024 ▶ 24:31 Ryan Akkina: How MIT Builds Their Venture Fund Portfolio & How MIT Approach Direct Investing | E1109 · 20VC with Harry Stebbings

Jan 29, 2024 positive

Opinion

Akkina: VCs should not be criticized for deploying capital during bubbles

“In the public market, if a manager went all to cash in their portfolio, we wouldn't like that either. We would say they're trying to time the market, right? So similarly, I don't think you can criticize VCs for deploying money during a bubble period, right?”

Ryan Akkina Jan 29, 2024 ▶ 25:17 Ryan Akkina: How MIT Builds Their Venture Fund Portfolio & How MIT Approach Direct Investing | E1109 · 20VC with Harry Stebbings

Feb 19, 2024 bearish

Insight

Ehrenberg: Continuation Funds Exploit Venture Capitalists' Desperation for LP Liquidity

“Because there has been so little liquidity for so long, some managers are desperate because they're under tremendous heat from their LPs. To get blood from a stone, right? And then you've got continuation fund managers that are deeply aware of the phenomenon I…”

Roger Ehrenberg Feb 19, 2024 ▶ 32:50 Roger Ehrenberg: Why VC Returns Will Get Worse & Why LP Incentive Structures are so Broken | E1117 · 20VC with Harry Stebbings

Mar 25, 2024

Disclosure

Clark: VenCap Has Never Invested in a Manager Who Pitched Them Directly

“We have, I want to say we've never invested in a manager that has come into us directly.”

David Clark Mar 25, 2024 ▶ 37:19 David Clark: Lessons from 32 Years of Fund Investing - Why Exits Will Be Larger | E1131 · 20VC with Harry Stebbings

May 5, 2025 positive

Insight

Moore: Sophisticated LPs commit to VC managers for 3-4 funds minimum

“Sophisticated LPs invest with any manager for at least three to four funds, and they know that is the optimal way for them to capture that alpha because it's really hard to be timing the market, as we all know.”

Bucky Moore May 5, 2025 ▶ 11:08 Bucky Moore @ Lightspeed Venture Partners: Why You Cannot Do VC If You Do Not Do Pre-Seed · 20VC with Harry Stebbings

venture capital manager

Everything said about venture capital manager, oldest first

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