Fund One
fund on 4 shows · 11 statements across 10 episodes
Innovators & Investors 
the Neon Show 
Capital Allocators 
20VC
11 statements about Fund One, every show
Newman: Raising a debut Fund I now takes at least two years
“Have David and I spent the, you know, year or now two years it takes to go raise a fund one, you know, it's at least two years now.”
Harry Stebbings: Linear is likely 20VC's best Fund I investment
“I invested in Linear, and it's, I think, probably the best investment in Fund One.”
Sertoglu: Bek Ventures' Fund 1 returned capital on 12 of 15 deals
“In fund one out of 15 investments, only three of them did not return capital for us. Now, six companies are still live, but we expect to make money from all six of them, so they will not be lost. So we will have made A positive return out of, on 12 out of 15 i…”
Harlem Capital Launched Fund I in 2018, Closing at $40M in 2019
“Yeah, our summer of July July of 20 18 between first and second year business school. We formally launched fund one. Ended up raising 12 and a half million dollars, our second year of business school, and then ended up closing on forty million November of 1906…”
Harlem Capital Secured 55 LPs for Its First Venture Fund
“And we, you know, we ended up with 55 LPs in Fund One.”
Wincek: First-time fund managers must rigorously qualify whether prospective LPs can allocate
“I think the thing that we learned that we probably took too long to learn, and I wish we had learned sooner, was just around, like, qualification. There's a lot of people who will take a meeting that can't invest in a fund one, or never have, or structurally t…”
Frankel: Founder Collective Fund 1 has over 60 active companies
“So like 12 years after doing this, we've got over 60 companies in fund one that are still active.”
Nagpal Admits Vibe Capital Fund I Was Overly Diversified With 80 Companies
“So, you know, we ended up with almost 80 companies in fund one, which was very clear that it was too many and it was a little bit too diversified.”
Toney: First-time VC fund managers should plan on two years without income
“We had already told GPs to plan on going two years without income.”
Aneja: Kaizen Fund One has realized or confirmed exits in 7 of 10 companies
“Of the 10 companies we invested in, seven have either complete exits, ah, or partial exits, or confirmed exits.”