#67 Top VC CFO Posts & References of April

Hi Everyone! đź‘‹ Welcome to the new members of @TheFundCFO crew! Appreciate you reading and sharing #65: WTF is Going On in VC (+ New Fund Model Data) & #60 Emerging VC Fund Tech Stacks, our most-read posts in 2023. Check them out!

Every Tuesday/Thursday, we bring you actionable tools, real-world experiences, and insider insights for #VC CFOs/Finance Pros and fund managers, #LP investors, and general industry enthusiasts/people who want to learn :).

“What gets measured gets managed.” -Peter F. Drucker

In what’s becoming a [monthly] tradition, we’re resurfacing our top posts from last month for ease of access, as well as our top reads. We want to keep our top resources together for both our long-time readers and people just getting started on TheFundCFO journey. We also include back-links to top prior posts. Here you go!

Top 3 Posts by Engagement in April

  1. #60 Emerging VC Fund Tech Stacks: “Emerging VC back-office complexity is a hell of a thing. The problem for most new managers is that there is an absence of what 'good' looks like when selecting fund admin, tax, and audit partners.” -Eric Bahn, The Hustle Fund

  2. #65: WTF is Going On in VC (+ New Fund Model Data): data to update your fund models and make better decisions in 2023! Aggregates top takeaways for VC CFOs/Finance Pros and fund managers. Average pre-money valuation by round (Q1’23): $10m pre-seed, $18m seed, $57m Series A, $150m Series B, etc…

  3. #64: "Where Do I Start as a VC CFO?": recap of a recent chat w/ an old friend w/ 15+ years of investing and operations experience. Now one of three partners at a $100m fund. In addition to his day job of investing, one of his new responsibilities was finance and operations. “How do we bring the three partners together and build a real business?”

Top 3 Reads/Resources in April

  1. OpenLP April Newsletter: when will #VC performance bounce back, #Fundraising lessons from @LeilaZegna & @ttunguz, important LP metrics

  2. Data Driven VC: April Roundup: “The 10x VC: Moonfire’s tech-first vision” by Matthias Ljungman here, sharing his perspective on why merging humans and machines will transform the scale and accuracy of venture

  3. Eat What You Kill & Crash Coursing the VC Ecosystem: the unbundling of venture and concepts behind the renegades of venture capital, why most VCs suck at talent, and how most people might design the perfect venture firm.

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