{"id":1552,"date":"2019-09-30T00:00:00","date_gmt":"2019-09-30T00:00:00","guid":{"rendered":"http:\/\/www-staging.carta.com\/sg\/blog\/nvca-best-practices-fund-managers\/"},"modified":"2021-03-05T06:57:13","modified_gmt":"2021-03-05T06:57:13","slug":"nvca-best-practices-fund-managers","status":"publish","type":"post","link":"https:\/\/www-staging.carta.com\/sg\/blog\/nvca-best-practices-fund-managers\/","title":{"rendered":"A conversation on best practices for emerging fund managers"},"content":{"rendered":"<p><script src=\"https:\/\/fast.wistia.com\/embed\/medias\/zznzdl4h9h.jsonp\" async=\"\"><\/script> <script src=\"https:\/\/fast.wistia.com\/assets\/external\/E-v1.js\" async=\"\"><\/script><\/p>\r\n<div class=\"wistia_responsive_padding\" style=\"padding: 56.25% 0 0 0; position: relative;\">\r\n<div class=\"wistia_responsive_wrapper\" style=\"height: 100%; left: 0; position: absolute; top: 0; width: 100%;\">\r\n<div class=\"wistia_embed wistia_async_zznzdl4h9h videoFoam=true\" style=\"height: 100%; position: relative; width: 100%;\">\r\n<div class=\"wistia_swatch\" style=\"height: 100%; left: 0; opacity: 0; overflow: hidden; position: absolute; top: 0; transition: opacity 200ms; width: 100%;\"><img style=\"filter: blur(5px); height: 100%; object-fit: contain; width: 100%;\" src=\"https:\/\/fast.wistia.com\/embed\/medias\/zznzdl4h9h\/swatch\" alt=\"\" aria-hidden=\"true\" title=\"\"><\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<p>&nbsp;<\/p>\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 50px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<p>It\u2019s best to learn from the greats. That\u2019s exactly how <a href=\"https:\/\/www.linkedin.com\/in\/chudson\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Charles Hudson<\/a>, Managing Partner at <a href=\"https:\/\/precursorvc.com\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Precursor Ventures<\/a>, approached entering the world of venture capital. He observed the seminal firms\u2014Sequoia, Greylock, Benchmark\u2014and how they operated. Then he turned to angel investing and eventually found his way to SofttechVC (now called Uncork Capital) where he worked for eight years. Charles has been at Precursor Ventures for four years now, and has an incredible breadth of experience and wisdom to share.<\/p>\r\n\r\n\r\n\r\n<p>If you\u2019re an emerging fund manager, watch the recording from our conversation. These aren\u2019t just best practices, but practical advice from a venture partner who\u2019s been there and is always looking to up his game.<\/p>\r\n\r\n\r\n\r\n<p>In the interview we cover:<\/p>\r\n\r\n\r\n\r\n<ul>\r\n<li>Starting a fund as a spin off manager from an established firm<\/li>\r\n<li>Understanding your model and pitching it to LPs<\/li>\r\n<li>Building an LP network and finding the right ones for your fund<\/li>\r\n<li>Timing of raises, check-size, and momentum<\/li>\r\n<li>Building your provider stack: Who to partner with for audit, legal counsel, fund administration, and why?<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p>This interview was co-presented with NVCA, a membership network that\u2019s committed to a thriving venture industry across the United States. Learn more about <a href=\"https:\/\/nvca.org\/join-nvca\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">NVCA membership here<\/a>.\u00a0<\/p>\r\n\r\n\r\n\r\n<p>Already an NVCA member? Then you\u2019re eligible for a special offer on Carta\u2019s fund administration. <a href=\"https:\/\/get.carta.com\/sg\/NVCA-Partnership.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Sign up for the future of fund administration<\/a>.\u00a0<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\"><br \/>DISCLOSURE: This communication is on behalf of Carta Investor Services, Inc. (&#8220;Carta&#8221;). This communication is not to be construed as legal, financial or tax advice and is for informational purposes only. This communication is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein.<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>Watch our conversation with Charles Hudson, managing partner at Precursor Ventures.<\/p>\n","protected":false},"author":85,"featured_media":2142,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[24,66],"tags":[101,102,33,103,67,69,104,71,53],"acf":[],"_links":{"self":[{"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/posts\/1552"}],"collection":[{"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/users\/85"}],"replies":[{"embeddable":true,"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/comments?post=1552"}],"version-history":[{"count":0,"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/posts\/1552\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/media\/2142"}],"wp:attachment":[{"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/media?parent=1552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/categories?post=1552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www-staging.carta.com\/sg\/wp-json\/wp\/v2\/tags?post=1552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}