Launch an institutional-grade VC fund in a day with no up front costs. 
Meet Start Fund
Previous Post
Next Post
1

Asked by

Community Member

on

in

Venture Deals

How Can Small Fund I with Solo GP, Venture Partners, and Advisors Modify the Investment Process and Due Diligence for Efficiency?

For small Fund I with a Solo GP and a few Venture Partners and Advisors (tech & business) how should we modify the Investment Process especially the Due Diligence part and Investment Committee?
2 See in Base
1

Answered by

Community Member

on

You don't necessarily need an IC. If you want it, you can build it however it's up to you how you build it. Some have only the GPs. Others have an LP and others have a set of key individuals that are uniquely qualified to do well. That being said, you don't need one, and it depends on your investment strategy and pace.
0

Answered by

Community Member

on

As an emerging manager, many of you will have detailed technical, operational, market or business experience in your investment areas - so will be uniquely suited to diligence your deals.
As a small fund, most of your investments will likely be following or participating in syndicated rounds, in these cases work with the other investors and leverage their deal memo and diligence work, or agree to share diligence efforts. Though don't be afraid to lead - even with a small check!
This pays off strategically in creating long-term relationships for sharing dealflow and syndication.

Join VC Lab

VC Lab, the leading venture capital accelerator, empowers new and emerging managers worldwide to close ethical, high-performing funds in under six months. The program provides cutting-edge tools, expert mentorship, and a global network to raise more money in less time. Apply if you want to build a meaningful venture capital firm.

Apply Now
How do I start raising my first venture fund? What are the key considerations for becoming a Limited Partner?
How can I improve my emerging manager firm's deal flow? What strategies help attract institutional LPs?
How do I build a compelling investment thesis? What are best practices for portfolio management?
How can I differentiate my VC firm in a crowded market? What are the typical fund terms for emerging managers?