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Asset Management Is a Peculiar Industry Ripe for Disruption

David Teten VC

“ One summer day, probably in the 1870s, friends of a major short-seller got together on the shores of Newport, Rhode Island, where they admired the enormous yachts of New York’s richest brokers. After gazing long and thoughtfully at the beautiful boats, the short seller asked wryly, ‘Where are the customers’ yachts?’ ”.

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This Week in Venture Capital – Episode 3

Both Sides of the Table

Peer-to-peer lending is back! I’m now the permanent host for TWiVC (until such time as they kick me off). Thank you to anybody who sent Jason a note on Twitter on my behalf. The episode isn’t yet live but it should be in the morning (probably when you’re reading this) – you can find it here. Really!).

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Why Online Video Just Took One More Big Step to Legitimacy

Both Sides of the Table

Dana Settle (Greycroft) & I had led the first round of investment in the company in 2010 and we were looking for smart media investors to join us as investors in the company. Our industry just took one big step towards legitimacy with the hiring of renowned media exec Ynon Kreiz to run Maker Studios. hours of TV / day.

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Why So Many Small Emerging Managers Don’t Use Placement Agents

David Teten VC

Greycroft in 2010 also had an experienced team, but didn’t either. And even the firms that hire a placement agent almost always still have to run their own internal process. . Homebrew doesn’t report hiring a placement agent for their Fund I, despite (or because of) a well-pedigreed team. In the the end, they reached their hard stop of $130m.

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Should Small Emerging Managers Use Placement Agents?

David Teten VC

Greycroft in 2010 also had an experienced team, but didn’t either. And even the firms that hire a placement agent almost always still have to run their own internal process. . Homebrew doesn’t report hiring a placement agent for their Fund I, despite (or because of) a well-pedigreed team. In the the end, they reached their hard stop of $130m.