VC10X - Building a $1.5B VC Empire on Individual Investors: The Alumni Ventures Story

Today we're joined by Mike Collins, founder and CEO of Alumni Ventures, a firm that's quietly built one of the most unique and successful venture capital models in the industry.

Mike has scaled Alumni Ventures to over $1.5 billion in assets under management by doing something most VCs thought was impossible—building a venture firm primarily around individual investors.

⭐ Sponsored by Podcast10x - Podcasting agency for VCs - https://podcast10x.com

Alumni Ventures website - https://www.av.vc/

Mike Collins on LinkedIn - https://www.linkedin.com/in/mike-collins-362100/

🎙️ Hosted by Prashant Choubey

Follow Prashant on X - https://x.com/ChoubeySahab

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In our conversation, Mike shares:

- How he validated and scaled Alumni Ventures to over $1.5 Billion in AUM & over 20 funds

- Network-driven approach to deal sourcing and value add

- How their referral network generates 3.2x multiples on invested capital

- How a team of 45 investment professionals manage over 20 funds

- His bold predictions about the profound period of innovation and disruption we're entering

& lots more..

Timestamps:

(00:00) Introduction

(03:27) Mike's background and early career in venture capital

(10:32) Finding product-market fit for Alumni Ventures

(14:47) Organizational structure with 10 investment teams

(20:24) Investment decision-making process

(21:30) Referral network and deal flow generation

(25:14) Flat fee model and LP alignment

(30:16) Investor base composition

(33:38) Potential expansion to institutional investors

(36:19) Operational challenges in scaling the firm

(39:08) Current venture ecosystem and AI's impact

(42:42) Liquidity and exit strategies

(48:37) Investment sectors and regions

(51:04) Investment stages and check sizes

(52:19) How founders can connect with Alumni Ventures

(54:02) Closing remarks and wrap-up

For sponsorship or guest appearance requests, write to prashantchoubey3@gmail.com

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