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12 ‘flexible VCs’ who operate where equity meets revenue share

TechCrunch

David Teten is founder of Versatile VC and writes periodically at teten.com and @dteten. Flexible VC: A new model for startups targeting profitability. Jamie Finney is a founding partner at Greater Colorado Venture Fund , where he blogs about his work on VC and small communities. More posts by this contributor. Jamie Finney.

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

David Teten VC

They had 154 visits, 97 due diligence requests, 33 second visits, and 12 reference requests, to ultimately produce 9 institutional investors. We’ve been much more successful in pitching old rather than new relationships. Thus, many LPs have outsourced their investment management processes to professional investment consultants (ICs).

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What is the Best CRM and Marketing Tech Platform for a New Private Equity/Venture Capital Fund?

David Teten VC

One of the first decisions we had to make in setting up our new VC fund, Versatile Venture Capital , was our CRM and marketing technology infrastructure. . I’m very interested in the tech stack of private equity/VC firms , both to improve the efficiency of Versatile VC and also as a focus area for our investing.

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Dear founders, returning to the office is a numbers game

TechCrunch

Kruze Consulting, an accounting firm for startups, mined through over 750 companies’ finances, which includes upward of $300 million in quarterly revenue and over $750 million in quarterly spend. But one could argue that new VC fund announcement dates, much like the phrase “oversubscribed,” don’t mean much in practice.

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Breaking Down a Typical VC/Startup Diligence Process

Tomasz Tunguz

Pitch-it-myself test : I stop a few partners in the office and give them the pitch to test their reactions. In a sense, I’m getting their cursory opinions and some skewed market feedback, but I’m also testing the pitch, the go-to-market and the top level attractiveness of the company. How might a startup disrupt this market?

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Should Small Emerging Managers Use Placement Agents?

David Teten VC

They had 154 visits, 97 due diligence requests, 33 second visits, and 12 reference requests, to ultimately produce 9 institutional investors. We’ve been much more successful in pitching old rather than new relationships. Thus, many LPs have outsourced their investment management processes to professional investment consultants (ICs).

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Flexible VCs With Structures Between Equity and Revenue-Based Investing

David Teten VC

His work on VC and small communities can be found at greatercolorado.vc/blog. This essay is part of a series on alternative VC: I: Revenue-Based Investing: a new option for founders who care about control. II: Who are the major Revenue-Based Investing VCs? IV: Should your new VC fund use Revenue-Based Investing?