Starting a Public Venture Program from Scratch with Peter Teneriello

Jul 3, 2024

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Highlights from this week’s conversation include:

Peter’s background and journey Into finance (0:58)
Strategy of Institutional LPs (2:30)
Bandwidth Constraints and Time Management (5:53)
Lessons Learned from Early Stage Programs (8:01)
Criteria for Fund Managers (10:11)
Transition to Institutional LP and Governance Structure (12:56)
Challenges Faced by Institutional LPs (16:10)
Excitement about certain investment strategies (19:24)
Overview of the Kauffman Fellows program (23:04)
Insider Segment: Vested's target audience and investor interest (24:32)
Ingredients for successful LP-VC partnership (30:45)
Role of limited partners in the future of venture capital (33:24)
Proud venture capital investment (35:49)
Investing with Creativity and Conviction (38:03)
Final thoughts and takeaways (38:50)

Peter Teneriello is a multifaceted professional with a rich background in finance and private equity. At 33, he boasts a B.B.A. from the University of Notre Dame, complemented by his participation in the Kauffman Fellows Program. His career includes significant roles at Sapient Capital, Stifel Financial Corp., and the Texas Municipal Retirement System. As a Kauffman Fellow, Peter has demonstrated a commitment to innovation and leadership in the investment field. His interests in technology and ethical considerations in AI highlight his forward-thinking approach.

Vested empowers startup employees to capitalize on their hard-earned equity, primarily by providing funding to help exercise stock options. The company’s overarching mission is to democratize access to equity, ensuring that startup employees both understand and have a real chance to tangibly benefit from the shares they’re granted.

Swimming with Allocators is a podcast that dives into the intriguing world of Venture Capital from an LP (Limited Partner) perspective. Hosts Alexa Binns and Earnest Sweat are seasoned professionals who have donned various hats in the VC ecosystem. Each episode, we explore where the future opportunities lie in the VC landscape with insights from top LPs on their investment strategies and industry experts shedding light on emerging trends and technologies.

The information provided on this podcast does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this podcast are for general informational purposes only.