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΢ͷͶ

Ķ:1702
2021-06-12
ʱıըƶͶڲͬ׶ .ͬҵ .ͬרҵ.

2012.ֻ100΢VC˾Ծ2019.10.Ѿг900΢VCڶ̶7.Լ9.

 

ͼƬԴ |

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Kauffman FellowsڿKauffman Fellows Collin WestNihar Neelakantiͬ쵼ĹȫͶʵĿ.Kauffman FellowsķͶʼҺʹҵߵĻ.Kauffman FellowsڿṩȫͶʳҵʱγĽܳоͶΪҵ쵼ṩȵļӶƶ׿Խʹǰ.KauffmanƷ`ձ``˹``ҵĻ`ͺõýϷ.

: eepurl.com/dzVE5j

01 ϼѵ΢VC

LP޺ϻˣǷ΢VCͶʾEmerging Managers󣿱վôΪ.

LPļǺѵ΢VCǾ͸.ȫΣֳΪ1׮ѵ.

΢ͷͶ (/)  1

Щս֮Ȿվ1⡪LPǷIJ΢VCͶʾLPܿԽ֧ǣ

ǿ϶ĵ΢VCкܶսؽЩսLP˵ҲǸ.

02΢VC7.9

ʱıըƶͶڲͬ׶ .ͬҵ .ͬרҵ.˳1Ϊ΢VCʲ𼴹ʲAUM25001רҵͶʹ˾.

PitchBook2012.ֻ100΢VC˾Ծ2019.10.Ѿг900΢VCڶ̶7.Լ9.

ͳVC"ͨ"ķΪ׼ .ƻVC˻Щ΢VCڸгڽ׶θõֳ֧ҵĴʼҲܲõĽ.

΢ͷͶ (/)  2

Ϊʲô΢VCչ1ԭڴҵ˾ɱṹı仯.

Foundry GroupLindel Eakman˵:"ʵΪڴҵ˾ɱṹı仯й .ԼΣڼ˲ŵȵʹڷͶԭ.ܴ1ķʱлñǰöϢ.1ʱ΢VCľܹΪҵ˾'ƻ'ļֵ".

΢ͷͶ (/)  3

˴ʼ .ҵ˾߹ .ʹͶ˺ְҵͶ˾ԶͶ˵ݽдҵǵרҵ֪ʶԼķͶ.

΢VCмɹܶѾΪĺõĹ˾.

  • First Round Capital:ṩǿ֧.
  • Floodgate:ʼƺƷг϶.
  • Homebrew:רע "¶ "Ͷʲ.
  • Zetta Ventures:ͶӵרݼĻѧϰ͹˾.
  • Primary VC:ѺעŦԼΪ1еĿƼ̬ϵͳ.
  • Bowery Capital:ԴͳҵĴֱB2B.
  • DCVC:רעǰؼĹ˾.
  • Founder Collective:ôʼѰĿ.
  • Uncork CapitalǰSoftech:"ʹ "΢ͻ

๫˾ڽߵԼηͶʻ֧Щ˾ڻĿмȵ.ܿڵijɹֻкٵLPܹܺõ΢VC.1Щɹ:

  • Cendana Capital
  • Foundry Group
  • Industry Ventures
  • Greenspring Associates

03΢ͷͶĺս

ļ:

ڷʱڽϳڽ׶ε΢ͷͶʱر(˵ʵ)Ȼ΢ͷͶɸģļ.͸ǵLP׷ӳŵѹӶLP΢VCͶ.

ܹܶ΢VCʲڵijɹLPǷչ͵ڿͶʾֽ֮8DzͶ˹˶4ǸʱǾͲͶʾ.

ЩLPͶʱ׼ǹ̶ԼͶ˶ĸԲ.˿ԽӴзḻҵijVCǼûжȥеͶʾķ.

Ҳ˵ڶͶʻ"Ͷʾ"ʵDzû.ҲͼЩLPOʽͶʾ㵽Լ˷ʱ.

΢ͷͶ (/)  4

Foundry GroupJaclyn HesterΪ"Ⲣȫ˷ʱ.Ͷʾļʽ𲢴1ķͶӦԳԶ۹⿴LPϵĽ.Ҳ˵λʱĿȼп϶Ҫȡƽ."

ȻͶʾԴ˽DZLPȷǵͶд¾˵Ŀռ䲢ݴȷȼ.Ͷʾ˵˽LPϵҪʱҲҪ.

˴ͶʾҪӼ칫Һ͸߾ֵͻOǰ3ڻ.ʵϸFirst Republic BankSamir Kaji״λļʽƽ67%Լ칫.ͼЩȺгOʽʱٵս:

  • dz͵ҵ.
  • ""ؽзͶû̻Ϊ˽ͶʶͶ.
  • ڷͶӼֵ޺/Դ޷֧1Ͷʾ.

΢ͷͶ (/)  5

Щ칫ķ༯ͶŶӵĶԷԼ8ΪֹĹͶʾûпɿͶ˼¼.ȻͶŶӵĶԷdzҪͶҵֱ.

Ͷʾҵǻڱ۵ıǺִͶʹ˾ֵĽ.Щδʵֵ .ںͶ߸ļֵر.

Ӽ۵DzǷӳ˾ڼֵ.:

  • ˾Ѿȡ˽չûнк԰1ֵļֵ㣻
  • ˾ֵ˵ûȡ㹻Ľչ
  • ˾Ӹ˵ֵ.

LP֪1㵫֪͹Ͷʱĵڼֵ޷Ͷʾҵ͹䵱ǰԤڵı.

ԭǼڽ׶ε "ڼֵ "Ҫ÷ǴͳķЩǽڶԳҵνϵƷг϶ .г`λ .λЧ .ص.

־õʲҵ:

ܶͶʾԹǵLPʱͶ֮Ӽֵ.

Ϊ1õĵʲ˲ܽӴĿõͶʾԼ봴ʼ˺.Ͷʾõʧܵʲ"":

  • Ͷ߹ϵͱ
  • ֽ
  • ͶϹͷչ
  • ʽ
  • Ͷչ

ȻرʲΪ˽ .־õķͶƷƲչΪ1õԵʱЩͶʾ˵Ҫ.1ЩͶʾ1Що鵫з涼о.

˱:

1ֻȡôĹѣΪŵ2.5%־.΢VCڽӪԤڴ²ò"͵"/.Լ.

ǻҪÿֻͶ10ĸʱ.Ͷʾ˴˾޴IJѹͨdz˸ʲծdz.

΢ͷͶ (/)  6

ҼʹͶʾȡ˳ɹǺܿںܶ.ڶ̸ֽֽѷֵѡ.

ЩͶʾյĹԴ.

04΢VCͻΧ

ĿǰȫԼ900΢VCÿ2-3.Լ200ʽͶδ10.ܻ13.

ǷΪ1 "" .ΪLPǿͨʶͶʵָȷͶϵԤڼֵΪֵ֧˹ṩȫԵ֧ƽ̨

⵱Ȼ.Foundry GroupJaclyn Hesterָ:"ʹЩ˾ҲڶҲԺܴ.Ҳܽûҵ¼Ͷʾ⣨ûʲôֵӵĶ.1ҪǵʹתVCĹģԾ.2.5֧ƱʹͶʲܺ΢ӻ50Ͷ/ͶִλȺ."

΢ͷͶ (/)  7

ͬʱLP֧Ͷʾ1Щʽ.

Oʽ:

  • Ͷ˵΢VCصע2͵3ڻ.
  • صܹԻͶϵڼֵжʹܹʶδõַ .кõҵDZͶʾ.
  • "ϯͶ "ĽɫǿLP .칫Һ͸߾ֵʿϵ.
  • ķ԰칫Һ͸߾ֵʿھ߹лijΪļʵҪɲ.

־õʲƽ̨:

  • ṩõĵͬк͹شԶ׼Ⲣǰ滮.
  • 빩Ӧ̷չϵۿۺȻֱӽӴͶϾ.
  • רеĻߺͲƷĦʡʱ.

:

ΪͶʾLPṩԵ.GPȨڻеۻֵԻGPʱΪѺĴ2ֻעԼ񸺵.

 

THE END

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