Carry contract for associates
Clay Norris: Are you looking for a template or an idea on how much associates / venture partners are making in carry? Olivia Goldstein: A template! David Teten: https://fi.co/insight/creating-standards-around-venture-partner-compensation-at-vc-firms (but incomplete)
Service providers for running background checks
Clay Norris: I’ve used Chekr every time I’ve had to do this Ashish Aggarwal: Thanks for sharing, Clay. yeah, I know about them. I meant more for running background checks on founders of startups – more of a one-time usecase. Clay Norris: In the past, I’ve typically just asked the founders to send over references, […]
People / groups that can clean up cap table messes
Mike Preuss: I have a bunch but what kind of mess? Trey Carver: I know a good organization that works as fractional CFO for startups – Book + Street. Happy to intro if it makes sense Victor Pascucci: gee.m.leung@gmail.com – Gee has done amazing work with early-stage companies https://www.linkedin.com/in/gee-leung-b035a114/
Investing into SPVs as a fund
Taylor Schaude: Yes, but I believe you need to make an amendment to the LPA that specifically calls this out. Did this years ago so a little fuzzy on the details Jared Schwitzke: Thanks Taylor! I heard a response in another forum that the SPV investors count against the fund’s LP base as well. All […]
Software to organize referrals
Taylor Schaude: We use PartnerStack which is a little clunky — it’s okay. If you’re trying to spin up something quickly and don’t need all the bells and whistles, I’d explore: https://growsurf.com/ Clay Norris: I’ve looked into GrowSurf too but thought it still seemed pretty manual. Might just have to realize that rewarding attribution typically […]
Startup graduation rates
Liam Quinn: https://medium.com/@bharatanant/evaluating-the-risk-reward-relationship-across-funding-rounds-5c951f21236b#:~:text=Converting%[…]0it%20seems%20clear Kenn So: https://www.cbinsights.com/research/venture-capital-funnel-2/
Models for drop-off in VC funnels
Keyona Meeks: I haven’t seen “drop-off” used in that context before, could you provide some more clarity on what resource you’re looking for? Jonathan Azoff: Well, I have a basic understanding that at the top of the funnel (deck review) you have the most amount of volume, and each deck or deal gets the smallest […]
Startup tax and accounting firm recommendations
Sarah Holmes: https://burklandassociates.com/ Taylor Schaude: Burkland is great, as well as EarlyGrowth (https://earlygrowth.com/). Let me know if you’d like an intro to either or Anant Akash: Know folks at kruzeconsulting.com Nathaniel Harding: Hogan Taylor is great in central US
Outsourced IT Firm Recommendations
David Teten: One of our Venture Partners runs https://pestack.com/ , which provides consulting on vendor selection. I’m also informally advising https://lionpointgroup.com/ , a leading consultancy specializing in implementing tech solutions for alternative investments funds. Please advise if you’d like an intro to either. email dteten@versatilevc.com
Improving VC CRM
David Teten: One of our Venture Partners runs https://pestack.com/ , which provides consulting on vendor selection. I’m also informally advising https://lionpointgroup.com/ , a leading consultancy specializing in implementing tech solutions for alternative investments funds. Please advise if you’d like an intro to either. Will Bricker: Pipedrive + airtable + zapier is cheaper and better than […]