Chad Byers, co-founder and general partner at Susa Ventures, dives into the firm's evolution from a $25M fund to a major player in seed-stage investing. He discusses the importance of branding and tailored strategies, exploring how they foster founder autonomy through incubated projects. The conversation touches on the dynamics of fund sizes, the need for genuine investor support, and the shifting landscape of venture capital towards sustainability and profitability. Byers emphasizes the unique approach Susa takes to enhance startup development.
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Susa's Leadership and Fund Structure
Chad Byers leads Susa Ventures, Leo leads Humbo Ventures, and Seth leads Kivu Ventures.
Each fund focuses on different investment strategies, allowing for specialized expertise.
insights INSIGHT
Why Separate Brands?
Multi-stage firms can confuse founders and offer less specialized investment committees.
Susa Ventures prioritizes founder experience and expertise by creating separate brands.
insights INSIGHT
LP Choice and Fund Structure
Susa Ventures' structure allows LPs to choose specific investment strategies.
This approach offers more choice and flexibility compared to stapled funds.
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This week on Turpentine VC, we’re sharing Erik Torenberg’s interview with Susa Venture’s Chad Byers, which originally aired in September 2023. Chad discusses the firm's journey, their fund structures, and their vision for specialized seed investing, emphasizing the importance of focus, discipline, and adapting to market dynamics.
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