Wealth Club’s Post

EUVC newsletter | | 08.07.2024 This week, we feature insights from: 👉 Elaia 👉 Antler 👉 Revent 👉 byFounders 👉 Notion Capital 👉 Reference Capital 👉 Underline Ventures 👉 Twin Track Ventures ....and many more legendary European VC firms that we invite you to discover below. https://buff.ly/3XVtqEi #venturecapital #startupfunding #Europe #EUVCInsights

💡 What does it take to launch a successful VC firm? 💡 Last week, we had an incredible session with Asher Siddiqui, General Partner at Sukna Ventures, who shared invaluable insights into the often-overlooked “backend” essentials for first-time VCs. From the hidden challenges of managing institutional capital to why a "fake it till you make it" approach won’t cut it—here’s a recap of Asher’s unique perspective: 👉 Finding the Right Partner: Asher emphasized that great VCs are more than just skilled investors. They are long-term thinkers who bring unique insights, consistent deal flow, and can raise capital—all while committing fully to the journey. 🔍 "Institutionalizing" Fund One: Although first-time VCs may struggle to attract institutional investors, Asher recommends building with that goal in mind. Draft a Private Placement Memorandum (PPM) to outline your investment thesis, develop a robust reporting system, and build the “unseen” back-office infrastructure necessary for scaling. 🔧 The "Stupid Stuff" is Essential: Asher highlighted the importance of back-office management—fund administration, exit planning, and meticulous LP reporting. This infrastructure showcases fiduciary responsibility and creates the trust needed to attract long-term institutional capital. Asher’s advice was clear: act like the VC firm you aspire to be, not the one you are today. Building a lasting venture platform requires vision, discipline, and dedication to every unglamorous detail. Huge thanks to Asher and the @Diffuse community for such an eye-opening discussion! 🚀 #VentureCapital #VCFund #StartupFunding

"Half the time, the advice we're giving founders is to ignore the advice they're getting from other VCs." This brutally honest observation from QED's Frank Rotman gets right to the heart of venture capital's "value-add" problem. We've looked at how some of the industry's most respected investors have built real advantage beyond just writing checks. For founders sizing up potential partners, and investors looking to level up their game, this is essential reading:

Good blog post from my partner Andrew Heyman on the importance of alignment between founders and their VC partners. GoPoint is actively seeking new investments. Happy to speak more with anyone running new ventures looking for perspective here.

"At pre-seed and seed, it comes down to the team and market size. With a great team and large market, the chances of finding a valuable opportunity increase. Some rationalisation is possible but investing at this stage requires taking bold bets." Today's Investor Spotlight Series interview brings you the perspective of investor Myke Näf, co-founder of venture fund Übermorgen Ventures. His company invests in climate tech and anything decarbonisation-related. Myke founded the scheduling service Doodle and grew it to 20 million users before selling it, and today he's a founding partner at Übermorgen Ventures, investing mainly in Europe. Your fundraising strategy might benefit from Myke's thoughts on what he looks for in companies to invest in. Read the article to find out! It's linked in the comments below. From all of us at Brighter Future, we thank Myke Näf enormously for his generosity in sharing his ideas with us, and we wish him nothing but the greatest success in his fund's future. Thanks for reading. Have a great day, everyone. #investorspotlight #seekthechange #investment #climate #investorperspectives

Rosberg Ventures has reached $100M in assets under management. Thanks to Forbes for sharing our milestone! We are truly humbled by all the support we have received from our partners and are really proud of this milestone. This achievement marks the success of our unique approach as a VC Fund of Funds, focused on bridging Europe's leading family businesses with the top-tier global venture capital ecosystem. When I retired from F1 in 2016, I knew I wanted to channel my passion for high performance into something new. Venture capital provided that perfect outlet: a world of innovation, crazy drive, fast pace, and super bold visions. Our journey began with an initial $22M "test balloon" fund: a proof of concept demonstrating the demand for bridging European corporates and the world's best VCs. This was reached in just a few weeks! Then, building on that momentum, our second fund (using all our learnings) has reached $78M, strengthening connections and exceeding expectations! At Rosberg Ventures, we're not passive investors. Our FoF model adds value by creating strategic connections between the world's leading VC firms, groundbreaking start-ups, and Europe's most influential business families and their connected corporations. Our C-level corporate network offers market access and expertise, elevating the entire ecosystem. This milestone isn't just about capital. It's about generating opportunities, building meaningful connections, and making a lasting impact across industries and borders. A massive thank you to everyone who has made this milestone possible. I’m interested to know where you see the most exciting potential for innovation in Europe and beyond? Also, let me know if you want to learn more about our Fund of Funds. I'm always happy to share more insights! #Forbes #VentureCapital #FundOfFunds #VC #Innovation #Success #Business

Perspectives on VC from Gil Dibner, worthwhile read. New models have/need to evolve. Strategic partnerships, vested collaborations, joint ventures and M&A, all options worthy of consideration. There is a real need for early stage innovative start ups to bring on experienced and well networked advisory contributions.

On their 30th birthday, could 2024/25 be a good time to invest in Venture Capital Trusts (VCTs)? We get the views of three respected and very different VCT managers: • Chris Lewis, Pembroke VCT – current chair of the Venture Capital Trust Association (VCTA) • Seb Wallace, Triple Point Venture VCT • Paul D., Octopus Apollo VCT (Octopus Ventures)   Watch now ➔ https://lnkd.in/ekZjSNE8 In this discussion: ➢ What have the last few years been like for VCTs? ➢ “You’re forged in fire a bit more now as a founder…” ➢ A step change: how Britain sees entrepreneurship ➢ “For a while it seemed anyone could build a billion pound business, but…” ➢ What kind of companies is the UK good at building? ➢ What is a good exit for VCT investors?  ➢ Ultimately, why should investors consider VCTs in 2024/25? IMPORTANT The opinions expressed in this video are the interviewees’ own and do not necessarily reflect the view of Wealth Club Limited. This interview, like our service, is not advice and the products featured are not suitable for everyone. Venture Capital Trusts are high risk and less liquid than mainstream investments. You could lose your capital. Tax rules can change and tax benefits depend on your circumstances. If you’re unsure an investment is right for you, please seek professional advice. Watch now ⏯ https://lnkd.in/ekZjSNE8 Or listen later on  🎧 Spotify https://lnkd.in/eW4QQUSR 🎧 Apple Podcasts https://lnkd.in/esfcAn6B For more information on Venture Capital Trusts: https://lnkd.in/gy7czWBF #founders #entrepreneurship #investing #venturecapital

🤔 Think you know all there is to know about Angel Investing? Think again! 🌟 Today, I'm here to debunk common myths about Angel Investing, based on insights from Naval Ravikant. ⛌ Myth 1: Angel Investors always invest their own money. These days, super Angels who manage funds have taken over the angel branding. ⛌ Myth 2: Angel Investors are always the First Investors into a company. In the current scenario, incubators, friends, and family often have that role. ⛌ Myth 3: Angel Investing and Venture Capital are the same. In reality, Angels differentiate themselves from VCs and Seed funds in that they don't buy control as part of their investment. ⛌ Myth 4: Angel Investors are just about the money. The truth is, they usually bundle advice along with their investment, adding more value to the startups they support. Don't fall for misleading information - let's spread the truth together! How has your understanding of Angel Investing evolved? #AngelInvesting #StartupFunding

The list of the best VCs by Forbes is out https://lnkd.in/gUSZXNCu The top 100 venture investors. 53 out of the 100 are based in #SiliconValley The next metropolitan area follows with 8 VCs #NY One VC from #Berlin: Pawel Chudzinski from Point Nine Congratulation for holding up the flag. In a few years, I bet there will be Forbes best AI investors, let's see who will be on it and from where they will come from.