Sharing your track record as an emerging VC
As part of a series I wrote on trends in venture capital, I took a looked at the role of track records for first-time venture fund managers.
“Track records are a key part of every LP due diligence process; and many times they are required for LPs to invest into your VC fund. How to share your track record with an LP can be learned, which is important because LPs may pass quickly on your fund if you don’t clearly present important pieces of information in your track record. Your track record can show LPs what portfolio you have built to date and how those companies are performing, which may move fundraising conversations forward.
We are providing an overview of the track record that VCs can use as a framework for sharing portfolio information with LPs. We present a simple version and a more complex expanded version.”