There have been an awful lot of "it's hard out here for a VC" posts recently. And yes, it IS hard to for emerging fund managers to raise right now.
But great fund managers are still getting funded. So what makes them stand out?
Let’s talk about it. 👇 @Monsson_
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#ITA players rocking their national anthem: Not just a pregame tradition!
Leonardo Bonucci and the Azzurri have plenty to celebrate on the bus ride after an extra-time thriller 🇮🇹
(via @IFTVofficial)
For new venture managers, reminder that you are building a company, not just investing.
Shareholders = LP's
Capital/Value Add proposition = Product (should be tangible)
Customers = Portfolio companies/co-investors
Love this takeaway from a meeting with an e-commerce founder today:
Vision and brand are not this fluffy intangible thing, they drive:
What do you do?
Why you do it?
How you do it?
Brand and vision are at the centre of everything.
One part I enjoyed about @stitchfix success is how many valley stereotypes Katrina broke - ex-consultant, MBA, non technical, no startup experience, solo founder etc etc. Gives belief to groups who’re traditionally underestimated as having the ability to build large companies.