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#176 The End of VC Summer - Top Reads

#176 The End of VC Summer - Top Reads

👋 Hi, I’m Doug! Welcome to @TheFundCFO crew! Every Tuesday/[Thursday], we publish VC/CFO insights that matter - highlights from notable VC GPs, LPs, and CFOs/finance pros. Check out our VC Fund Playbooks, Models, Budgets, & Compliance Checklists @ AirstreamAlpha! Love what we’re doing? Consider upgrading to paid for deeper dives on Thursdays (most paid subscribers expense these insights!).

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The End of VC Summer

It’s the end of VC summer! Labor Day Weekend is coming up before the fall sprint to Thanksgiving begins - buckle up! For this edition, we thought we’d share some top reads as we sit the foundation for fall. Enjoy!

Vegas Insider Jamesin Seidel: Polymarket U.S. election line movements

“I’ve always felt more comfortable trusting data that reflects people putting real money on their beliefs, opinions, and analyses — rather than the polls.”

Want To Model Your Cap Table? Check out this Tool (Elizabeth Yin via Chris Harvey)

Elizabeth Yin just dropped a link to a cap table model on X/com: https://lnkd.in/gWQx_hr9𝗦𝗔𝗙𝗘 𝗖𝗼𝗻𝘃𝗲𝗿𝘀𝗶𝗼𝗻 𝗪𝗼𝗿𝗸𝘀𝗵𝗲𝗲𝘁 𝗔𝗽𝗽This app is 100% client-side, allowing you to quickly model various cap table scenarios without saving data on a server. You can experiment with different inputs to see how they affect your equity structure. In plain English, you can try this cap table without worrying about saving your data on a server.

VC Exit Opportunities: The 12 biggest take-private PE acquisitions so far this year in tech (all >$1 billion)

The private equity realm has been pretty active so far in 2024, serving as a powerful “alternative” source of liquidity for technology startups and scale-ups in search of an exit. PE has also been busy in the public markets, with some big deals going down to transform underperforming companies with strong growth prospects. According to PitchBook, there were 136 take-private deals led by private equity firms in 2023, up 15% on the previous year.

VCs Buying AI SPVs (Techcrunch):

VCs are increasingly buying shares of late-stage startups on the secondary market as they try to get pieces of the hottest ones — especially AI companies. But they are also increasingly doing so through financial instruments called special purpose vehicles (SVPs). Some of those SPVs are becoming such hot commodities that they are commanding premium prices.

93 Things Nobody Told me About VC (Clay Norris)

I’ve worked as an LP, I’ve run a syndicate, I built a private community for VCs, and I cut my teeth as a junior VC working for two different funds.

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!”