PSE Trading’s Post

😳 "The combined $16bn fundraise of a16z ($7.2bn), General Catalyst ($6bn) and Khosla Ventures ($3bn) equals the capital raised by emerging managers in the US in 2023" We need a shake out in the number of VC funds, there's no denying that. A reduction will be hugely benefit the long term performance of the asset class. But concentration is not the answer. We need to keep backing smaller and emerging funds - that is where the true alpha will lie for the great vintages ahead. PitchBook SignalRank #VC #venturecapital

This explains a lot.

The 2023 venture capital market can be described by one word: “Challenging.” In this EisnerAmper webinar, explore Q4 2023 performance, expectations for 2024 in valuations, capital deployed, exits, and funds raised. Register at this link: https://okt.to/u6scwf

How do you build a strong positioning as a venture fund? How do you build credibility around your name? Today, we bring insights from two of the most well-known European VC funds. We invited Natasha Lytton, Director at Seedcamp, and Vincent Touati-Tomas, Head of Marketing at Northzone, to answer these questions below. Check out the full discussion on EUVC. Link in comments. 🔽 #venturecapital #angelinvesting #startupfunding #marketing #europe

Emerging VC managers have been bearing the brunt of this particularly challenging fundraising environment. But not all LPs are being as cautious with emerging managers. Laura Thompson, partner at Sapphire Ventures explains, "Where can you get really good [venture] returns? It's the smaller fund sizes and emerging managers." Data from PitchBook supports this, showing that from 2014-2023 emerging manager median and top quartile TVPI outpaced their established counterparts. Despite the difficult fundraising market, Renegade Partners recently closed their second fund at $128m. Renata Quintini cited two talking points that were powerful when pitching LPs: 1. Last financial crisis in 2008, a lot of LPs pulled out of VC completely only to miss fantastic vintages of 2009, 2010, 2011. 2. The power of emerging managers as the next crop of venture. A lot of established VCs have grown AUM and have become more multi stage in nature, so emerging managers are coming into the fold with new products focused more on founders and boutique approaches which can be great return generators going forward. Check out the full interview with Forbes here: #venturecapital #vc #fundraising

Wonderful session hosted by Adrien Rollé and Hugo Vautier from Opportunity Financial Services at #HackSummit. Panelists included Yves Speeckaert, Michael Napper, Bernard Couvreur and Xavier Pierluca. The session was on launching a VC in 2024 and beyond, delving into the intricacies of setting up a VC fund with an optimal structure. We explored why #Luxembourg is the prime choice for fund structuring (especially now impact funds), highlighting its investor-friendly environment and regulatory advantages. Want to hear more about the advantages of structuring in Luxembourg? Let's chat! #VentureCapital #FundStructuring #FundGovernance

Venture fundraising started on a lackluster note in 2024, with a mere $9.3 billion raised across 100 US venture funds. What does this investor-friendly market hold for the VC industry? Our Q1 2024 PitchBook-National Venture Capital Association Venture Monitor, sponsored by JPMorgan Chase Commercial Banking, Dentons, and Deloitte, covers: 🟦 The current state of VC 🟦 Challenges facing fund managers 🟦 Updates on insider-led deals 🟦 Exit trends 🟦 #IPO outlooks Check out the report to discover what #VC trends piqued our analysts’ interests in Q1, and how they’re thinking about 2024 going forward: https://pitchb.co/vXJ9vG 

How do you build a strong positioning as a venture fund? How do you build credibility around your name? Today, we bring insights from two of the most well-known European VC funds. We invited Natasha Lytton, Director at Seedcamp, and Vincent Touati-Tomas, Head of Marketing at Northzone, to answer these questions below. Check out the full discussion on EUVC. Link in comments. 🔽 #venturecapital #angelinvesting #startupfunding #marketing #europe

How do you raise a VC fund? We went behind the scenes with Gale Wilkinson (KF Class 23), who just closed VITALIZE Venture Capital's $23.4M Fund II. We covered: - Advice LPs gave her and what they look for - The differences between raising as a VC vs. founder - The future of LP capital - Her biggest surprises on the fundraising journey Read more in the #KFJournal: https://lnkd.in/gz6aC_4W #VCfund #emergingmanagers #venturecapital

According to the FT, fundraising by US venture capital (VC) firms hit a six-year low in 2023. The $67bn raised by US VC firms was the lowest since 2017, and represented a 60% drop from the $173bn raised in 2022. Globally, in 2023 VCs raised the lowest level of capital since 2015. But why the sudden drop? See the full article here: https://lnkd.in/dvRCszBr #lawstudents #lawstudentlife #newyear #trainingcontractadvice #trainingcontract #vacationscheme #2024 #lawschool #lawlife #lawlifestyle #applications #legallittle #getgoing #howtolaw #training #lawyerhumor #lawyerlife #applicationseason #commerciallaw #corporate #corporatelifestyle #corporategirly