2min chapter

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: Will LPs Pull Out of Existing Managers, How Will Fund Sizes Change Moving Forward, Is Now The Time to be Aggressive on Secondaries, What is the Discount on Secondaries Today, Who Will Win and Lose in the Next Five Years with Hunter Somerville, Partn

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

CHAPTER

Direct and Secondary Investing

Deep pocketed investors that actually know how to do reserve management will be there to support the companies in the future. You need to understand which funds of those managers are in it, how long and the tooth they are; whether you have trust and alignment with them. There's a lot to consider both that you could see at time of investment and that you could expect in the next few years. How does one get scale when you're buying from early employees? If you think about early employees, early angels, friends and family you name it.

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