First Time Fund Managers
topic on 1 show · 5 statements across 4 episodes
5 statements about First Time Fund Managers, every show
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…”
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…”
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…”
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…”
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…”