Jacob Bryant’s Post

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Entrepreneur and Innovator | Engineering, Business Development, and Software Expertise

Interesting dynamics...

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General Partner and CEO Coach at Walking Ventures

People have lots of bad things to say about VCs, but yesterday was the first day I've heard them described as piranhas. It happened because of my post (link in comments below) saying that in addition to running a venture fund delivering >30% IRR, we're also looking at taking LP positions in new and emerging funds. I said what our criteria were, and asked if anyone would like to make any introductions. Be careful what you wish for: I've had over 200 LinkedIn inbounds in the first 24 hours. To speed things up, we're asking GPs who might be interested in taking on a new LP to complete a short and confidential Google form to explain what they're doing and how it's distinctive. I'll review everything that comes in, and move forward the discussions from there. If you're one of the GPs who reached out by email or LinkedIn message, you should have heard from me. If you responded by commenting on my previous post, please use this link I'm posting in the comments to tell us a bit more about your fund. A big thank-you to everyone in the community. I had no idea there was so much emerging fund talent out there, and I'm excited about digging into the detail. So why piranhas? Because one witty guy reposted me yesterday, saying that inviting GPs to reach out was like throwing a piece of meat into a piranha tank. I don't know about piranhas -- my favourite fish are koi, which are a lot more gentle. But I the comparison is memorable.

  • LP gets attacked by GP piranhas

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