5min 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

What Do You Think About GP Commits?

I have a real problem with GP commits because often I speak obviously many friends who are managers they use the fees to pay the GP commit which means they don't have that money to invest in team the fund building a firm and so it's investors LPs shooting themselves in the foot by insisting on a high GP commit where they just use their money to recycle back. How people will value these assets has probably been forever changed on a go-forward basis what would you most like to change about the world adventure hunter? The fun size question that we talked about just people really being thoughtful about the amount of capital that's needed both in the growth funds but even in the main funds. Whether or not

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