Race “In 2015, there were 12 black women who had raised more than $1 million in funding, according to Digitalundivided’s new ProjectDiane report. In 2017, there were 34.” “Latinx women are over 18% of the population of women in the US, but they lead less than 2% of women-led startups.” “We found that 79.2% of […]
Read the postRace “One study by HBS found Black investors made up less than 1% of the industry in 2016 (0.32%). Other sources estimate the percent of Black investors has only increased by 1% in the past two years.“ “81 percent of VC firms don’t have a single black investor. Roughly 50 percent of black investors in […]
Read the postShort Description Running a contest where you “give” away investment as a prize can attract attention. The contest approach works best at the earliest stages of company formation. If you do not want to take full responsibility for the logistics of the contest, you can sponsor or judge for someone else’s contest. You can also […]
Read the postShort Description: Build Software is the strategy of creating software for founders or startups to get startup leads or build your brand. Examples of software categories include helping with fundraising or forecasting cashflow. Software that has some network effect or virality may be the most helpful in generating low-cost leads and getting greater coverage. The […]
Read the postShort Description: By acting as a convener for events, you can put yourself in the flow of ideas, people, and deals. These events can be closely related to investment themes or more broad. Events can vary in size and complexity from 10-person meals to 1000+ person conferences. When you Host Events, you are more focused […]
Read the postShort Description: Most VC sourcing strategies are about generating referrals or inbound interest. Instead, this approach is to find companies using data before they find you. Using data, you identify which companies are growing or appear promising. Data sources may include: tracking web traffic, app downloads, or purchase data from credit cards. A more sophisticated […]
Read the postShort Description: Content marketing is when a VC publishes articles, podcasts, videos, lists, or other content. As there are more VC firms and they want to distinguish themselves from each other more of the marketing playbook becomes standard. Common objectives are to build a brand and drive dealflow. This sourcing strategy can overlap with Be […]
Read the postShort Description Focus on a Geo is when a VC invests in companies headquartered in the same area. When you have an explicit regional focus, it is easier to understand which deals to send you. Governments, philanthropies, or local enterprises are often LPs in these VCs. It is worth contrasting an explicit geo focus sourcing […]
Read the postShort Description: You can find startup company leads from your fund investors. LPs as Sourcing is more often part of a larger sourcing strategy rather than the primary sourcing strategy. Benefits: Alignment: Because you are investing their money, LPs are aligned with your interests. They are less likely to send you something they know […]
Read the postShort Description By investing in other VC funds at an earlier stage, you can generate dealflow and learn about the market. You can make this investment personally or through your fund. When you invest in another fund, you can build a close relationship with that manager and understand their thinking better. That will help you […]
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