Smaller Funds
topic on 4 shows · 5 statements across 5 episodes
Innovators & Investors
Sourcery
All-In
20VC
5 statements about Smaller Funds, every show
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.”
Friedberg: Smaller VC funds outperform larger funds by concentrating in top winners
“The smaller the fund, the less diversified it is, which means the more they're likely to capture the winners. And you can actually see that the smaller funds generally have better performance than the bigger funds.”
Dye: Smaller venture funds lacking long-term track records will face consolidation
“There's gonna, I think there's gonna be a lot of smaller funds that if they don't have that long-term track record and help trust with LPs you know, raising a new fund might be pretty challenging, and so I do think there is going to be a bit of a shift and sor…”
Moore: $50M to $70M valuation caps are untenable for $30M seed funds
“This can become untenable very quickly for these smaller funds, where, you know, investing at 50, 60, 70 caps is, you know, pretty hard to imagine how you make a lot of money as an, ah, you know, a thirty million dollar fund, for example.”