#83 Q2 LP Updates - Best VC Insights from GPs & LPs

Hi Everyone! đź‘‹ Welcome to the new members of @TheFundCFO crew! We recently released our New VC Fund Playbook + Model Downloads @ Streamlined.Fund! Re-linking our top 2023 posts: #67 Top VC CFO Posts & References, #65: WTF is Going On in VC (+ New Fund Model Data) & #60 Emerging VC Fund Tech Stacks!

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Q2 LP Updates - Best VC Insights from GPs & LPs

If you’re a VC GP or CFO/Finance Pro, you’ve likely finalized (or are close to finalizing) your Q2 report and financials. At the end of each quarter, “The Playbook” requires VC funds to review and update their financial performance to investors. That means working with fund administrators / accountants to review portfolios and update company valuations based on your Valuation Policy.

While the numbers matter, there is always a story behind the numbers! The best VC GPs and CFO/Finance Pros combine clear, accurate financial reports with a LP update letter that tells the story of what is going on in the portfolio.

So what makes a great LP update? We went deep on this earlier this year in #56 LP Email Updates, Insights: Getting Hit By The AI Lucky Truck @ Chapter One.

In that post, we noted that the best email updates are concise, data-driven, and have a clear why (why is this hitting my inbox?). Where else can you go for insightful thoughts on LP updates? Check out the following references:

One final note: LP investors always appreciate unique insights. What different story are you telling in your LP update relative to the others out there?! Happy writing!

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