2min chapter

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

20VC: WTF Is Going On In Venture Capital; Seed Round Pricing Will Remain High, Series B & C Has Gone Completely, Downrounds Are Coming | Why Defensibility is BS on Day 1, Why Market is More Important Than Founder & Why Being First To Market Doesn't Matter

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

CHAPTER

How to Manage Your SPVs Effectively

Angelist funds have the best margins and smaller SPVs have the worst. For some of the smaller SPVs, those are a loss leader for us. We saw a Shure, which was an SPV provider, effectively blow up completely. It's not the place you actually want to be optimizing costs at all.

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