Mon, 29 August 2022
How Many Partners? Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In setting up a VC fund, it’s important to select the right number of general partners for the fund. Most funds have at least two partners to provide the necessary skills. Some funds have one founding partner and then several venture partners to help. Funds under $50M can afford only one partner with some administrative support since not all functions need to be done by a partner. For each $50M under management, you’ll need either a partner or a non-administrative team member. Funds over $50M can bring on analysts who do the industry research, screen the deals, and work on fund reporting. For fund management, most funds outsource to fractional providers. For marketing, most funds hire social media and branding agencies to help get the word out on the firm. For advising the startups, most funds lean on the experience of the partners and their network. _______________________________________________________ For more episodes from Investor Connect, please visit the site at: http://investorconnect.org Check out our other podcasts here: https://investorconnect.org/ For Feedback please contact info@tencapital.group Please follow, share, and leave a review. Music courtesy of Bensound. |