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How to start a VC fund

geoffreywoo.com · 2,266 words · saved by 1 readers

All venture capital firms sell the same product: financial returns to LPs. GPs take LP money to buy shares in promising startups at a low price and then sell those shares later at a higher price. I run a successful VC fund with Jake Paul (Anti Fund), and I’ll

All venture capital firms sell the same product: financial returns to LPs. GPs take LP money to buy shares in promising startups at a low price and then sell those shares later at a higher price. I run a successful VC fund with Jake Paul ( Anti Fund ), and I’ll summarize my learnings here so you can start your own VC fund. GPs market themselves by demonstrating differentiation across three dimensions: dealflow i.e. seeing the right deals taste i.e. knowing what you see access i.e. winning once you know it Dealflow is VC jargon for having friends who will tell you about a deal. VC’s obsess over

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