We’ve had some really interesting conversations with our 147 customers over the last few months, and a few things have become clear. Most of them are using some kind of fund admin software like Carta, and most investment firms, at least those active in PE or VC, back 20-30 companies.
They told us that this would extend each portco’s runway by about two months. For a seed fund with 30 portfolio companies, a $200k allocation each comes to $6M. That means you’ve effectively returned 12% of the fund back to the founders.
As you may know a typical VC fund keeps 50% in reserves. By making a stronger allocation for each firm, you can save reserves for the winners because you’re buying time and optionality for each of the portfolio companies. The only asset here that’s more precious than money is time.
This is why we need your feedback for a sit-down with Carta and our other 3 key cloud partners. Please take 60-seconds to complete this survey, and we will then allocate cloud credits and group purchasing discounts to your investment firm, and you will also be able to allocate them to your portfolio companies.
⏰ Special Office Hours at 1pm PT (4pm ET):
How to use Diagnotics to Close Your Working Capital Gap & Raise More
Similar to last week’s special office hours, this is for non-members of Capital OS Platform who are concerned about their working capital gap (when their investment firm will run out of money to operate). The goal of this webinar is to learn to use LP Blueprint’s diagnostic tools to learn if your team is experiencing problems with your working capital gap, and if you will run out of money to operate prior to returning funds to limited partners.
