{"id":1513,"date":"2019-04-18T00:00:00","date_gmt":"2019-04-18T00:00:00","guid":{"rendered":"http:\/\/www-staging.carta.com\/sg\/blog\/how-to-manage-a-new-or-emerging-venture-fund\/"},"modified":"2021-03-05T06:57:56","modified_gmt":"2021-03-05T06:57:56","slug":"how-to-manage-a-new-or-emerging-venture-fund","status":"publish","type":"post","link":"https:\/\/www-staging.carta.com\/sg\/blog\/how-to-manage-a-new-or-emerging-venture-fund\/","title":{"rendered":"How to manage a new or emerging venture fund"},"content":{"rendered":"\r\n

There\u2019s a ton of advice out there for startup founders on how to raise money, set up business infrastructure, and track performance in the early stages of a company\u2019s life. But there\u2019s not as much guidance for managers of new venture funds.<\/p>\r\n\r\n\r\n\r\n

Raising, running, and reporting on a fund isn\u2019t easy. We recently got together with Brooklyn Bridge Ventures and Foley Hoag to share some lessons for emerging fund managers. Read on for a summary of what we covered in our recent webinar, or check out the recording to hear all the details. \u00a0\u00a0<\/p>\r\n\r\n\r\n\r\n

Sell the opportunity<\/h3>\r\n\r\n\r\n\r\n

First things first \u2014 raising your fund. Fundraising is selling. You\u2019re not asking investors for capital. You\u2019re asking them to buy an opportunity. Here are the steps we recommend for raising your fund:<\/p>\r\n\r\n\r\n\r\n

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  1. Understand your prospect\r\n