In today’s episode, we have NFC’s very own. Kirsten Suddath. Kirsten is a General Partner at Next Frontier Capital. For the first episode of Season 3 are doing a crash course in Venture Capital - a “VC 101”. We are breaking down all the Alphabet soup of VC terms, the different positions in a Venture Capital firm, where the money comes from, and what kind of companies/founders are right for Venture Capital investment.
Here’s a closer look at the episode:
- Kirsten’s background and what got her into VC
- What is Venture Capital?
- Venture Capital Firms
- Venture Capital Funds - where does the money come from
- Types of Limited Partners
- Positions in a VC Firm - General Partner, Managing Director, Analyst, Associate, Principal, Head of Platform, Operations, CFO
- Role of LPs in investment decisions - LPAC
- How VC funds are raised - when do they get the money
- Investment period of a fund
- Management Fee of a fund
- How does the VC firm make money off of investments?
- Company exits
- Fund Carry
- Venture Capital vs. Private Equity
- What control do VCs have in the companies they invest in
- Venture Deals - Jason Mendelson and Brad Feld
- The role of a Board of Directors
- When should founders raise capital?
- Which entrepreneurs shouldn’t raise capital
- What makes a good founder investable?
- Super Founders by Ali Tamaseb
Resources:
NFC Website: www.nextfrontiercapital.com
NFC LinkedIn: https://www.linkedin.com/company/next-frontier-caiptal/
Kirsten Linkedin: https://www.linkedin.com/in/suddath/
Kirsten Twitter: https://twitter.com/KirstenSuddath