In today's episode Jon and Peter talk about the effect of VC Collective on VC Landscape
- What is a VC collective?
- Examples:
- Curql Collective - Met Nick Evens at Fintech MeetUp
- $90 million in capital deployed
- Reach over 100 Credit Unions, Credit Union Service Organizations, and League limited partners
- Black Dragon Capital with Benson Porter & Louis Hernandez Jr.
- $80M USD assets under current management
- Partners come from -
- Former CEO of Credit Union National Association
- Former CEO of Boeing Employees’ Credit Union
- Black Dragon is launching a credit union and CUSO (credit union service organization - credit union owned) LP fund….a credit union LP fund
- Chase and Wells Fargo have their own venture arms. How are collectives formed by smaller banks and credit unions changing the VC space?
- If VC Collectives have strong ties, how does this affect traditional VCs?
- Is co-investing between traditional VCs and collectives important?
- What industries are forming their own VC Collectives?
- Sources
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