#138 Top VC Reads, LA VC Week, LP/GP Evaluation Frameworks

Hi everyone! 👋 If you’re coming to Austin drop us a line - we’d love to see you! It’s time for SXSW…lots of great events taking place for VCs, CFOs / Finance Pros, Founders, and Investors. See you soon!

Top Reads of Recent History, VC CFO Style

Happy Tuesday folks! We got some amazing feedback last week so wanted to start you off (again) with some of our top reads of recent history, VC CFO style:

• #135 Regulatory for VC Funds, CFO Edition

• #130 Top Takes of 2024 (So Far) & Takeaways

• #126 What is M.A.N.G.? Is it Taking Over VC?

• #123 Q4 Valuations + Real Policy Examples (Download)

• #119 The Ultimate PE/VC Fund Checklist for Year-End Finance & Compliance

• A Crowdsourced List of Books and Resources for New Venture Capitalists

LA VC Summit Week ☀️(Molly O’Shea at Sourcery)

From Molly: “Last week was a big week for LA VC as the Upfront Summit went out with a bang.. and a drone show. To keep up with the VIP attendees (aka LPs) flying in for the event, additional LA-based venture firms like Chapter One and others capitalized on the moment to host their firms’ Summits as well. Personally, I’d argue we make a LA Summit every quarter, because why not? LA is the new epicenter of US tech & VC funding. “

As for the Upfront recap.. we’re still compiling our notes and photos, but American Dynamism, hardtech + defense tech, Melinda French Gates, & celebrities shined bright. In the meantime, check out this excellent summary of the Summit from Dot.LA.

📶 Confluence.VC: February Recap & 📶 34 ways a LP evaluates a GP (Clay Norris)

FRAMEWORKS (check out full post for detail)

• What is their edge? How are they different from every other manager you have looked at?

• Is this person / team good enough that we want them to be an extension of our team? If the answer is “no”, don’t invest.

• Is this person likable? The earlier you invest, the more you rely on collaboration. So being unlikable and early-stage investing do not go hand-in-hand.

• Do they have a history of co-investing with LPs? Or do they keep LPs in the dark about who their breakout companies are?

• What is their portfolio construction? More concentration = higher risk / reward.

Picture of the Day: SXSW stage in Austin, TX, many moons ago (note small skyline :)

That’s all for today folks! Thanks for your support and spreading the word! Share this on Twitter or LinkedIn to help grow “the crew!”