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How to Raise a Venture Fund | Alice Bentinck (Entrepreneur First)

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CHAPTER

Navigating the Evolution of a Venture Fund

The chapter follows the journey of building a not-for-profit venture fund, facing challenges in scaling due to funding constraints, and ultimately transitioning into a for-profit entity. It explores the struggles in raising funds for a charitable program, the shift towards a broken business model, and the difficulties in meeting the expectations of program participants and corporate sponsors. The narrative delves into the evolution of the business model over a decade, emphasizing the importance of selecting a sustainable mission and supporting ambitious founders in the entrepreneurial landscape.

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