LP Blueprint

LP Blueprint

The Hard Truths of Raising Fund Two: Rachel ten Brink on LPs, Staying Scrappy, and Beating the Odds

Red Bike Capital’s Rachel ten Brink shares what it really takes for female fund managers to survive and thrive beyond their first fund—building LP trust and playing the long game

Adam Metz's avatar
Adam Metz
Mar 27, 2025
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🔥 Raising a first venture fund is hard. Surviving to a second fund? Even harder—especially for female fund managers. 💰💪

Rachel ten Brink, founding partner of Red Bike Capital, has done it, and she’s sharing exactly what it takes to make it in a market that’s anything but easy. As one of the few Ticas in venture capital (🇨🇷 Tica being a colloquial term for a Costa Rican woman), she’s also paving the way for more diverse voices in the industry. 🌎✨

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