Rob Go: Unequal VC Partnerships Lead to Mid-Fund Renegotiations
Rob Go · Rob Go: The Ultimate Guide to Raising a Venture Fund | E1029 · 20VC with Harry Stebbings · Jun 23, 2023 · at 13:48
Rob Go, co-founder of NextView Ventures, discusses partner dynamics and firm sustainability with host Harry Stebbings on 20VC.
0:00 / 0:07exact quote · 7.2s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“We felt like if it wasn't equal, there'd be too much of an incentive to renegotiate depending on like how things are going in the fund.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Rob Go
Rob Go: Endowments Are Often the First LPs to Flee in Downturns
“You know, there was a time when folks used to say that, like, endowments and foundations are the most robust long-term partners that exist on the planet. It is just not true. I've heard so many cases where markets turn, things change, and the first ones to lea…”
Rob Go: Funds 2 and 3 Struggle to Convert Fund-of-Funds LPs
“Weirdly, when you're in the middle, you're neither new, nor are you so well known that you have, like, a great brand. Fund to funds are not as good. So what I found is that, like, funds, you know, Three-ish, two to three, it's actually harder to get a new fund…”
Rob Go Predicts Multistage VC Funds Will Eventually Abandon Seed Investing
“I don't think that it will persist because at some point the multistage funds will say, hey, it's not really worth, worth our time and effort to invest at this stage. And, you know, they'll, they'll turn their attention to later stage rounds where you write bi…”
Rob Go: Best Seed Opportunities Are Non-AI Companies and Non-Pedigreed Founders
“I think there's actually a lot of opportunity out there for non-consensus thinking. I think there are a lot of companies that aren't getting very much love because they're not AI. The teams aren't fancy founders that came from well-known companies that are jus…”