Larger Fund

topic on 2 shows · 5 statements across 5 episodes

Capital Allocators 20VC

5 statements about Larger Fund, every show

20VC Insight
Mignano: Smaller VC funds offer more downside protection than mega-funds
“Because our funds are smaller, similar to yours, there's probably more downside protection for us in that model than say at a larger fund where you have to multiply billions of dollars.”
Mike Mignano Jul 6, 2026 ▶ 46:11 Why Now is the Time for the App Layer | Why Startups Should be TokenMaxxing | Mike Mignano, USV · 20VC with Harry Stebbings
CAPITAL ALLOCATORS Assertion Supported
Ou: Top-quartile sub-$1B buyout funds outperform top-quartile mega-funds
“The medium return of funds, let's say it's sub one billion is quite similar to the medium returns of funds, five billion above observable from the industry data, but the top 10, 20% performers in the sub one billion category generates meaningfully higher retur…”
Bruce Ou Oct 30, 2023 ▶ 13:59 Bruce Ou – Private Market Investing at GroveStreet (EP.347)
First Round avoids calling larger funds for references to prevent deal scooping
“If they're part of a larger fund, typically we won't be calling them because we do not want to highlight the deal for them.”
Bill Trenchard Dec 9, 2021 ▶ 47:41 Bill Trenchard - First Round Capital (Manager Meetings, EP.23)
20VC Prediction Held up
Kaji: Top 10% micro VCs will outperform, but vast majority won't reach 3x net
“And if you're investing in an index, you're going to lose. I think the top 10% of micro VC funds will do phenomenally Well, and will significantly outpace the returns of larger funds, but the vast majority of the micro funds are going to have a tough time retu…”
Samir Kaji Oct 11, 2017 ▶ 11:26 20VC: What Does It Take To Raise A Venture Fund Today, An Analysis of The Explosion of Seed Financing & Why IRR No Longer Takes Centre Stage with Samir Kaji, Senior Managing Director @ First Republic Bank
20VC Disclosure
Jenna Brown: Startups should avoid large multi-stage VC funds at seed
“I'd say that generally we try to avoid the larger funds unless there was a good reason why we thought they would be a fit, and I think my take on this, again, it's the same, like, if your numbers are not good, you're going to have bigger problems, so it's just…”
Jenna Brown Jul 21, 2017 ▶ 10:35 20VC: The 2 Types of Sexism & How They Play Out In Tech, Why You Should Not Always Get Customers To Pay For Your Product Immediately & Why You Must Ask Operator VCs Different Questions To Non-Operator VCs with Jenna Brown, Founder & CEO, Shipamax

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