Fund 2
fund on 3 shows · 8 statements across 7 episodes
Startups For the Rest of Us 
the Neon Show 
20VC
8 statements about Fund 2, every show
Goyal: Stellaris expanded Fund 2 past its hard cap for strategic LPs
“There were some very high quality LPs that were keen on coming in the fund. We talked to our existing LPs as well. And collectively, we all felt that the fund will be a lot stronger by having them as part of the platform than not having them. So we ended up ex…”
Lunia: India Quotient Fund 2 is marked at 10x, with 6x from ShareChat
“So for example, fund two is marked up at six X, but at 10 X, but six out of that 10 is share chat.”
Silicon Valley Bank financed 60% of Harlem Capital's Fund 2 GP commit
“Second thing we did in fund two, which we didn't do in fund one, which was help, was get a GP credit line. Right. So basically we use Silicon Valley bank. They put up 60% of our GP stake. We put up 40% of our cash and over time it gets paid.”
Harlem Capital rejected Fund 2 LPs demanding rigid GP commitments
“And we had a few LPs in fund two that we didn't let in for, you know, Whether it was GP sake or other rules, because we just felt like they weren't really humanizing us, right? They're kind of were using us as a number.”
Sinha predicts India Quotient will achieve a 10x+ return on Fund 2
“But I will only feel happy if I am able to do double digit multiples. I believe that we will do that in a fund too.”
Ghorpade details Exfinity Fund 1 and Fund 2 performance and sizing
“So first fund was 125 crores. We funded nine companies out of it. And we wrote down two of them. We have we launched a second fund, which in, in 2016, this was a 300 crore fund. Where we funded about 19 companies.”
Volset: TinySeed paused Fund 2 fundraising indefinitely in early 2020
“We were supposed to be in the market right now, you know, going for Aggressively fundraising for a fund too. And certainly that side of things is pretty much on like, well, I don't know when we're going to do that again.”
Khattar: AdvantEdge Fund 2 writes $150k to $500k initial seed checks
“So one is what we refer to as seed investing, where we will cut checks from everywhere from about you know, 150 K to about 500 K would be the first check size, and we would continue to prorate on at least two to three rounds in each of those deals capping out …”