Managing a Fund: Things You Don’t Think About Until They’re a Problem
Managing a venture capital fund often involves complex challenges that aren’t obvious at a fund’s inception. This session addresses several of these issues, including:
- Recycling capital;
- Reserve planning for follow-on investments;
- Crossover investments between funds;
- What to do at year 10 and beyond in a 10-year fund; and
- Allocation and vesting of carry within the VC partnership.