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- #184 Top 5 VC CFO Posts of Q3 2024
#184 Top 5 VC CFO Posts of Q3 2024
Doug Dyer
October 01, 2024
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“Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.”
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Together with Confluence.VC Weekly
These are the top 5 posts by engagement for Q3 2024.
Reflecting on them, the most popular had some sort of tool, playbook, or template. Readers want actionable content that makes their lives easier - noted!
I want to share a big “thank you” to everyone who read, commented, & shared these posts and others.
Top 5 VC CFO Posts of Q3 2024
#179 VC PortCo Mortality Rates: “What is your portfolio company survival rate and how does it compare to others in the industry?” After doing some research, I wanted to share a few of my favorites on the topic.
#182 VCs Closing Q3 w/ Playbook, Model, Valuation Updates: Our year-end process can easily be applied to the end of Q2. We’ve seen a lot of different frameworks over the years to keep track of all the requirements for funds at year-end. One of our favorites is breaking things down into four buckets: portfolio companies, investor reporting, compliance/legal, and operations/HR. Here’s some of the top items in each bucket for year-end…
#165 Q2 PE/VC Valuation Policies & Templates (Download): It’s quarterly valuation time again! We did a deep dive on this at the end of Q4 and are bringing back a lot of this analysis and insight. At that time, we shared that “it’s time to review your valuation policies and make sure they provide the right foundation for investor reporting.”
#161 The 2024 VC Vintage & Power Law - Time to Invest?: “Is now a good time to allocate to VC?” That’s a common questions LPs are asking GPs these days. Today, we dive into a recent report from Stepstone that examines what returns looked like for VC investors in various vintage years. “We believe 2024 very well could be a power law vintage.” Read more here.
#160 VC Fund Math: "Maximum Convexity" Leads to 10x+ Funds: What game are you playing in VC? Are you going for 10x+ funds or 3x+ funds? Established VC funds with large AUM can lower their return targets to 3x+. A $1b fund generating a 3x = $3b of returns, $2b of profits. That’s at least $400m of carry for the team at 20%. Not bad. I would argue (and believe most LPs would agree) that most early-stage emerging managers need to be shooting for 10x+ funds. But how do you do that?
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